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Sponsor proposes community-directed tax credit to steer donations toward local projects
Summary
Representative Shane Clacken introduced HB 859, creating a Montana Community Improvement Tax Credit aimed at encouraging donations to volunteer-run local organizations that fund public facilities, with a registration portal and an aggregate cap subject to automatic adjustment.
Representative Shane Clacken introduced House Bill 859, the Montana Community Improvement Tax Credit Act, proposing a refundable income tax credit to encourage donations to volunteer organizations that finance public facilities such as pools, libraries and playgrounds.
Clacken said the credit would be limited to the lesser of $3,000 or 10% of taxable income per taxpayer and would include an initial aggregate cap (the sponsor described a $4 million starting cap). The bill would require organizations to seek preapproval from the Department of Revenue and would prohibit stacking the credit with a federal charitable deduction for the same donation, Clacken said. He also said the credit was intentionally narrow to apply to 501(c)(3) organizations without paid staff, to keep the program “grassroots.”
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