MontanaHB 1969th Legislature, Regular Session (2025)House

Require public hearing before certain tax increment financing bonding

Sponsored By: Larry Brewster (Republican)

Signed by Governor

Local FinanceLocal GovernmentTaxation--PropertyEducation - School FinanceTaxationTaxation--Property

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Public hearing before extending tax increment financing

The law requires a public hearing before a local government pledges tax increment to pay bonds that would extend tax increment financing past year 15. The same legislative body that approved the tax increment provision must hold the hearing to decide if the plan requires the pledge. The local government must notify the county and the school district where the area is located. This rule applies to pledges made on or after the law’s effective date.

Sponsors & Cosponsors

Sponsor

  • Larry Brewster

    Republican • House

Cosponsors

  • Greg Hertz

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 295 • No: 2

Senate vote • 2/14/2025

Do Concur

Yes: 49 • No: 0

Senate vote • 2/13/2025

Do Concur

Yes: 49 • No: 1

House vote • 1/17/2025

Do Pass

Yes: 97 • No: 1

House vote • 1/16/2025

Do Pass

Yes: 100 • No: 0

Actions Timeline

  1. Chapter Number Assigned

    2/27/2025House
  2. Signed by Governor

    2/27/2025House
  3. Transmitted to Governor

    2/20/2025House
  4. Signed by President

    2/20/2025Senate
  5. Signed by Speaker

    2/19/2025House
  6. Returned from Enrolling

    2/18/2025House
  7. Sent to Enrolling

    2/14/2025House
  8. 3rd Reading

    2/14/2025Senate
  9. 2nd Reading

    2/13/2025Senate
  10. Committee Report

    1/29/2025Senate
  11. Committee Executive Action

    1/29/2025Senate
  12. Hearing

    1/23/2025Senate
  13. Referred to Committee

    1/20/2025Senate
  14. 1st Reading

    1/20/2025Senate
  15. Transmitted to Senate

    1/17/2025House
  16. 3rd Reading

    1/17/2025House
  17. 2nd Reading

    1/16/2025House
  18. Committee Report

    1/14/2025House
  19. Committee Executive Action

    1/14/2025House
  20. Hearing

    1/6/2025House
  21. 1st Reading

    1/6/2025House
  22. Referred to Committee

    12/20/2024House
  23. Introduced

    11/22/2024House

Bill Text

  • Enrolled

    3/14/2025

  • As Amended (Version 2)

    2/17/2025

  • Introduced

    11/26/2024

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