MT SB159

Establishes a new "educational opportunity fund" within the Coal Severance Tax Trust Fund, seeded with a $100 million transfer from the general fund by August 15, 2025

Increases aggregate limits for two educational tax credit programs by adding 50% of the fund's annual earnings to the existing 20% automatic increase triggered when 80% of credits are claimed

Removes the December 31, 2029 sunset date from both the public school innovative educational program tax credit and the student scholarship organization tax credit, making them permanent

Tax credits allow donations up to $200,000 per taxpayer, with aggregate caps starting at $5 million per year for each program in tax year 2024 and beyond

State treasurer transfers 50% of the educational opportunity fund's earnings annually to the general fund on the first Monday of December, with remaining earnings retained in the fund