MT HB922

Creates a $250 annual tax credit for Montana resident parents or legal guardians of children attending nonpublic schools, for students ages 5-18

Unused credits may be carried forward for 3 years; each eligible student may only be claimed by one taxpayer

Establishes parity in aggregate tax credit limits by requiring the cap on public school innovative educational program donations to equal or exceed the sum of private school scholarship organization credits plus the new nonpublic school parent credit

Adds the new nonpublic school credit to the list of tax credits subject to interim committee review during the biennium beginning July 1, 2027

Applies to tax years beginning after December 31, 2025, and terminates December 31, 2029