Montana SB99 revises tax rules to include rental and accommodations income as unrelated business taxable income for tax-exempt organizations.

Montana SB99 amends tax laws to redefine unrelated business taxable income for tax-exempt organizations. Specifically, it includes rental income from agricultural property and income from accommodations subject to certain taxes as taxable income. This change applies to income tax years beginning after December 31, 2025, and affects tax-exempt organizations that earn more than $100 in unrelated business income.

Montana SB99 revises tax rules to include rental and accommodations income as unrelated business taxable income for tax-exempt organizations.

Montana SB99 amends tax laws to redefine unrelated business taxable income for tax-exempt organizations. Specifically, it includes rental income from agricultural property and income from accommodations subject to certain taxes as taxable income. This change applies to income tax years beginning after December 31, 2025, and affects tax-exempt organizations that earn more than $100 in unrelated business income.