HAVRE, Mont. (NMB) – Officials with Havre Public Schools want to let the public know that thanks to House Bill 279, which was passed by the Montana Legislature this year, there is a new opportunity for people to donate to School Districts in exchange for tax credits.
Starting January 3rd, donors can get a dollar-for-dollar tax credit on their state tax bill.
A press release says these donations can help them expand their innovative educational programs for students, such as work-based learning partnerships, programs for students with disabilities, and post-secondary credit or career certificates.
The District says these donations in exchange for tax credits are only available on a first com, first serve basis.
Individuals or corporations can donate up to $200,000 per year for a school’s innovative educational programs, and the aggregate amount of tax credits that may be claimed statewide in 2022 is $1 million.
For more information, contact Havre Public Schools District Clerk, Chris Wendland at 406-395-8550 or wendlandc@blueponyk12.com or Dona Losett, MT DOR at 406-444-1991 or dona.losett@mt.gov.
For more information go to: https://mtrevenue.gov/mdocs-posts/tax-credits-for-qualified-education-contributions-guide.
