# Montana HB 137: Revise securities laws relating to fees paid by certain licensees Montana HB 137, Revise securities laws relating to fees paid by certain licensees, is a 69th Legislature, Regular Session (2025) House bill sponsored by Steve Fitzpatrick (Republican); status signed, last action 2025-05-16 (Chapter Number Assigned); PRIA reads it as touching household money (as of 2026-10-12). - Canonical: https://policyrisk.com/state-bill/MT-HB137-2025 - As of: 2026-10-12 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Montana HB 137 - State: Montana - Session: 69th Legislature, Regular Session (2025) - Title: Revise securities laws relating to fees paid by certain licensees - Status: signed - Chamber: House - Introduced: 2025-01-08 - Last action: 2025-05-16, Chapter Number Assigned - Sponsor: Steve Fitzpatrick (Republican) - Cosponsors: 1 - Subjects: Securities and Securities Regulation, Revenue, State - Touches household money: yes - Roll calls: 7 (536 yes, 9 no in all) - Economic provisions PRIA read: 2 ## Summary No summary available. ## Bill overview: provisions PRIA read - Unified fees for securities reps: mixed, low. The law creates one statewide fee for registering salespersons and investment adviser representatives. It removes the old $50 in-state and $100 out-of-state amounts. If you are a salesperson already registered as an adviser representative with a broker-dealer that is also registered as an adviser,… - State shifts where securities fees go: mixed, low. The law sets where certain securities fees are deposited. From March 7, 2013 through June 30, 2027, annual renewal fees for offerings, notice filing fees for each investment company series, and exam‑cost recoveries go to the account named in 30-10-115(2). Starting July 1, 2027, only the notice fili… ## Sponsors and cosponsors - Sponsor: Steve Fitzpatrick (Republican), House - Cosponsor: Bruce "Butch" Gillespie (Republican), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-04-22 | House | Do Concur | pass | 94 | 4 | | | 2025-04-18 | House | Do Concur | pass | 97 | 2 | | | 2025-04-16 | Senate | Do Concur | pass | 50 | 0 | | | 2025-04-15 | Senate | Do Concur As Amended | pass | 50 | 0 | | | 2025-04-15 | Senate | AMD-HB0137.002.001 Gillespie D/PASS | pass | 50 | 0 | | | 2025-01-27 | House | Do Pass | pass | 96 | 2 | | | 2025-01-24 | House | Do Pass | pass | 99 | 1 | | ## Actions (31) - 2025-05-16: Chapter Number Assigned (House) - 2025-05-12: Signed by Governor (House) - 2025-05-05: Transmitted to Governor (House) - 2025-05-02: Signed by President (Senate) - 2025-05-01: Signed by Speaker (House) - 2025-04-24: Returned from Enrolling (House) - 2025-04-22: Sent to Enrolling (House) - 2025-04-22: 3rd Reading Senate Amendments (House) - 2025-04-18: 2nd Reading Senate Amendments (House) - 2025-04-16: Returned to House with Amendments (Senate) - 2025-04-16: 3rd Reading (Senate) - 2025-04-15: 2nd Reading (Senate) - 2025-04-15: 2nd Reading Motion to Amend (Senate) - 2025-03-20: Committee Report (Senate) - 2025-03-19: Committee Executive Action (Senate) - 2025-02-27: Hearing (Senate) - 2025-02-17: Referred to Committee (Senate) - 2025-01-28: 1st Reading (Senate) - 2025-01-27: Transmitted to Senate (House) - 2025-01-27: 3rd Reading (House) - 2025-01-24: 2nd Reading (House) - 2025-01-20: Committee Report (House) - 2025-01-17: Committee Executive Action (House) - 2025-01-15: Fiscal Note Printed (House) - 2025-01-14: Fiscal Note Unsigned (House) - 2025-01-13: Fiscal Note Received (House) - 2025-01-13: Hearing (House) - 2025-01-08: 1st Reading (House) - 2025-01-08: Referred to Committee (House) - 2025-01-08: Fiscal Note Requested (House) - 2025-01-08: Introduced (House) ## Bill text - Enrolled, 2025-04-22: [PDF](https://docs.legmt.gov/download-ticket?ticketId=13255605-7ab5-409a-9c9d-26695bbe0728) - As Amended (Version 3), 2025-04-15: [PDF](https://docs.legmt.gov/download-ticket?ticketId=06092a95-618f-4807-8de0-459b2280a78b) - As Amended (Version 2), 2025-01-20: [PDF](https://docs.legmt.gov/download-ticket?ticketId=4789cbb6-cd8c-4f7b-a9aa-6c3f919e56ee) - Introduced, 2025-01-08: [PDF](https://docs.legmt.gov/download-ticket?ticketId=bbf25c92-051d-465d-9cbf-71a127a3632e) ## Related bills - SB 437: Revise definition of sex in Montana law (signed) - HB 831: Increase elderly homeowner and renter income tax credit (vetoed) - HB 628: Revise early literacy targeted intervention laws (vetoed) - SB 410: Provide for Montana genomic security act (vetoed) - SB 422: Generally revise laws relating to insurance coverage relating to cancer (vetoed) - SB 424: Revising the disabled veteran property tax assistance program (vetoed) ## Sources - [Enrolled (PDF)](https://docs.legmt.gov/download-ticket?ticketId=13255605-7ab5-409a-9c9d-26695bbe0728) - [As Amended (Version 3) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=06092a95-618f-4807-8de0-459b2280a78b) - [As Amended (Version 2) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=4789cbb6-cd8c-4f7b-a9aa-6c3f919e56ee) - [Introduced (PDF)](https://docs.legmt.gov/download-ticket?ticketId=bbf25c92-051d-465d-9cbf-71a127a3632e) ## Related - [SB 437: Revise definition of sex in Montana law](https://policyrisk.com/state-bill/MT-SB437-2025) - [HB 831: Increase elderly homeowner and renter income tax credit](https://policyrisk.com/state-bill/MT-HB831-2025) - [HB 628: Revise early literacy targeted intervention laws](https://policyrisk.com/state-bill/MT-HB628-2025) - [SB 410: Provide for Montana genomic security act](https://policyrisk.com/state-bill/MT-SB410-2025) - [SB 422: Generally revise laws relating to insurance coverage relating to cancer](https://policyrisk.com/state-bill/MT-SB422-2025) - [SB 424: Revising the disabled veteran property tax assistance program](https://policyrisk.com/state-bill/MT-SB424-2025) - [Montana bills](https://policyrisk.com/states/montana/bills) - [Montana state hub](https://policyrisk.com/states/montana) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/MT-HB137-2025 (as of 2026-10-12).