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MontanaHB 1969th Legislature, Regular Session (2025)HouseWALLET

Require public hearing before certain tax increment financing bonding

Sponsored By: Larry Brewster (Republican)

Became Law

Local FinanceLocal GovernmentTaxation--PropertySchool FinanceTaxation (Generally)Taxation--Property

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Bill Overview

Analyzed Economic Effects

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

Public hearing before long tax increment bond pledges

The law requires a public hearing before a city or county pledges tax increment to pay bonds that would extend a district past the 15th year. The hearing checks whether finishing the urban renewal or targeted economic development plan needs that longer pledge. The local government must notify the county and the school district where the area is located. These rules apply to pledges made on or after the law’s effective date. The law keeps the authority to pledge tax increment for bond principal, premiums, and interest.

Sponsors & Cosponsors

Sponsor

  • Larry Brewster

    Republican • House

Cosponsors

  • Greg Hertz

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 295 • No: 2

House vote • 2/14/2025

Do Concur

Yes: 49 • No: 0

House 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 Concurred

    2/14/2025Senate

  9. 2nd Reading Concurred

    2/13/2025Senate

  10. Committee Report--Bill Concurred

    1/29/2025Senate

  11. Committee Executive Action--Bill Concurred

    1/29/2025Senate

  12. Hearing

    1/23/2025Senate

  13. Referred to Committee

    1/20/2025Senate

  14. First Reading

    1/20/2025Senate

  15. Transmitted to Senate

    1/17/2025House

  16. 3rd Reading Passed

    1/17/2025House

  17. 2nd Reading Passed

    1/16/2025House

  18. Committee Report--Bill Passed

    1/14/2025House

  19. Committee Executive Action--Bill Passed

    1/14/2025House

  20. Hearing

    1/6/2025House

  21. First Reading

    1/6/2025House

  22. Referred to Committee

    12/20/2024House

  23. Introduced

    11/22/2024House

Bill Text

  • Enrolled

    3/14/2025

    PDF

  • As Amended (Version 2)

    2/17/2025

    PDF

  • Introduced

    11/26/2024

    PDF

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