# Montana HB 164: Revise the uniform unclaimed property act Montana HB 164, Revise the uniform unclaimed property act, is a 69th Legislature, Regular Session (2025) House bill sponsored by Ken Walsh (Republican); status signed, last action 2025-04-07 (Chapter Number Assigned) (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/MT-HB164-2025 - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Montana HB 164 - State: Montana - Session: 69th Legislature, Regular Session (2025) - Title: Revise the uniform unclaimed property act - Status: signed - Chamber: House - Introduced: 2025-01-10 - Last action: 2025-04-07, Chapter Number Assigned - Sponsor: Ken Walsh (Republican) - Cosponsors: 1 - Subjects: Property - Touches household money: no - Roll calls: 4 (299 yes, 1 no in all) - Economic provisions PRIA read: 6 ## Summary No summary available. ## Bill overview: provisions PRIA read - More accounts and crypto now covered: benefit, medium. The law expands what counts as unclaimed "property." It now includes money, virtual currency, dividends, payroll cards, checks, and deposits. It clarifies coverage of securities and customer accounts at broker-dealers. It excludes assets in state or local government retirement plans and in 529A (AB… - New protections for payroll cards: benefit, medium. The law treats payroll cards like bank deposits. Your funds on a payroll card are presumed abandoned only after 5 years with no owner activity. For accounts that auto-renew, the account is treated as matured on the first maturity date unless you consented in a record to renew. The law also defines… - Advance notice before state takes property: benefit, low. Before filing with the state, holders must warn you if they plan to report property worth $50 or more and they have your address. They must send the notice 60 to 120 days before the filing deadline, by mail or by email if you agreed to email. The notice must say you have 30 days to contact them bef… - What counts as personal information: benefit, low. The law spells out what counts as personal information for unclaimed property. It includes your name plus Social Security number, date of birth, home address, email, financial account numbers, biometric data, health or insurance data, passwords, and similar federally defined financial or insurance… - Businesses must certify owner notices: cost, low. The law ends the prior option to get a filing deadline extension and stop interest with an interim payment. Instead, holders must file an affidavit with their annual report stating they followed the pre-report notice rules. This adds a recordkeeping and certification step for businesses that hold u… - Clearer rules to avoid abandonment: mixed, medium. The law uses the later of your last contact or the dormancy period to decide if property is abandoned. Many actions now show interest: contacting the holder, accessing your account, presenting a check, or making deposits or withdrawals, including authorized automatic deposits or withdrawals. Your a… ## Sponsors and cosponsors - Sponsor: Ken Walsh (Republican), House - Cosponsor: Denley Loge (Republican), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-03-26 | Senate | Do Concur | pass | 50 | 0 | | | 2025-03-25 | Senate | Do Concur | pass | 49 | 1 | | | 2025-01-29 | House | Do Pass | pass | 100 | 0 | | | 2025-01-28 | House | Do Pass | pass | 100 | 0 | | ## Actions (26) - 2025-04-07: Chapter Number Assigned (House) - 2025-04-07: Signed by Governor (House) - 2025-03-31: Transmitted to Governor (House) - 2025-03-31: Signed by President (Senate) - 2025-03-28: Signed by Speaker (House) - 2025-03-28: Returned from Enrolling (House) - 2025-03-26: Sent to Enrolling (House) - 2025-03-26: 3rd Reading (Senate) - 2025-03-25: 2nd Reading (Senate) - 2025-03-24: 2nd Reading Pass Consideration (Senate) - 2025-03-20: Committee Report (Senate) - 2025-03-19: Committee Executive Action (Senate) - 2025-02-21: Hearing (Senate) - 2025-02-18: Referred to Committee (Senate) - 2025-01-30: 1st Reading (Senate) - 2025-01-29: Transmitted to Senate (House) - 2025-01-29: 3rd Reading (House) - 2025-01-28: 2nd Reading (House) - 2025-01-27: 2nd Reading Pass Consideration (House) - 2025-01-21: Committee Report (House) - 2025-01-21: Committee Executive Action (House) - 2025-01-21: Committee Executive Action (House) - 2025-01-14: Hearing (House) - 2025-01-10: 1st Reading (House) - 2025-01-10: Referred to Committee (House) - 2025-01-10: Introduced (House) ## Bill text - Enrolled, 2025-04-10: [PDF](https://docs.legmt.gov/download-ticket?ticketId=f4de5141-8e73-4031-8554-d31852d4cab9) - As Amended (Version 3), 2025-03-27: [PDF](https://docs.legmt.gov/download-ticket?ticketId=2b99549b-70b1-4876-a68d-84a8bb426eaa) - As Amended (Version 2), 2025-01-21: [PDF](https://docs.legmt.gov/download-ticket?ticketId=6d68b345-af80-4319-bc5d-199db9249e40) - Introduced, 2025-01-10: [PDF](https://docs.legmt.gov/download-ticket?ticketId=6e68d74b-6b65-462d-aebe-945e72a58a21) ## 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 424: Revising the disabled veteran property tax assistance program (vetoed) - SB 422: Generally revise laws relating to insurance coverage relating to cancer (vetoed) ## Sources - [Enrolled (PDF)](https://docs.legmt.gov/download-ticket?ticketId=f4de5141-8e73-4031-8554-d31852d4cab9) - [As Amended (Version 3) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=2b99549b-70b1-4876-a68d-84a8bb426eaa) - [As Amended (Version 2) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=6d68b345-af80-4319-bc5d-199db9249e40) - [Introduced (PDF)](https://docs.legmt.gov/download-ticket?ticketId=6e68d74b-6b65-462d-aebe-945e72a58a21) ## 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 424: Revising the disabled veteran property tax assistance program](https://policyrisk.com/state-bill/MT-SB424-2025) - [SB 422: Generally revise laws relating to insurance coverage relating to cancer](https://policyrisk.com/state-bill/MT-SB422-2025) - [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-HB164-2025 (as of 2026-10-19).