Montana · Ballot measure

I-194: Political spending by corporations and other entities

On the ballot: November 3, 2026 Initiated state statute

A YES vote means

Corporations, nonprofits, trusts, partnerships, and similar entities would no longer have legal power to spend money to support or oppose candidates, parties, or ballot issues in Montana, except through political committees. An entity that does so would forfeit its Montana charter privileges, such as limited liability, until it repays the spending and certifies compliance.

A NO vote means

Montana law on political spending by corporations and other entities would stay as it is.

Who supports it

  • Jon Tester (D)
  • Marc Racicot (R)

Who opposes it

  • Greg Overstreet (R)

From official campaign filings and public endorsements, each linked on the full page (checked October 30, 2026). Not complete; not an endorsement.