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MontanaHB 28169th Legislature, Regular Session (2025)House

Provide statutory appropriation of reinsurance program assessments

Sponsored By: Ken Walsh (Republican)

Signed by Governor

AppropriationsInsurance

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Bill Overview

Analyzed Economic Effects

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

Stable funding for Montana reinsurance

The law creates two dedicated accounts for the state reinsurance program. A state account gets insurer assessments under 33-22-1313, plus interest and other money. This money is statutorily appropriated to the insurance commissioner and can only pay program administration, operation, and reinsurance claims under 33-22-1302. A federal account holds Section 1332 waiver funds, other federal or grant money, and interest for the same program. These accounts take effect on passage and approval, and this authority ends June 30, 2031.

Reinsurance funding starts now, ends 2031

The law takes effect on passage and approval. If this law and House Bill 2 both pass and this law provides the statutory appropriation for 33-22-1321, any HB2 money for reinsurance member assessments is void. All authorities in this act end on June 30, 2031.

Sponsors & Cosponsors

Sponsor

  • Ken Walsh

    Republican • House

Cosponsors

  • Derek Harvey

    Democrat • Senate

Roll Call Votes

All Roll Calls

Yes: 287 • No: 12

Senate vote • 4/24/2025

Do Concur

Yes: 43 • No: 7

Senate vote • 4/23/2025

Do Concur

Yes: 46 • No: 4

House vote • 2/13/2025

Do Pass

Yes: 99 • No: 0

House vote • 2/12/2025

Do Pass

Yes: 99 • No: 1

Actions Timeline

  1. Chapter Number Assigned

    5/16/2025House

  2. Signed by Governor

    5/12/2025House

  3. Transmitted to Governor

    5/5/2025House

  4. Signed by President

    5/2/2025Senate

  5. Signed by Speaker

    5/1/2025House

  6. Returned from Enrolling

    4/28/2025House

  7. Sent to Enrolling

    4/24/2025House

  8. 3rd Reading

    4/24/2025Senate

  9. 2nd Reading

    4/23/2025Senate

  10. Committee Report

    4/15/2025Senate

  11. Committee Executive Action

    4/14/2025Senate

  12. Hearing

    3/17/2025Senate

  13. 1st Reading

    2/14/2025Senate

  14. Referred to Committee

    2/14/2025Senate

  15. Transmitted to Senate

    2/14/2025House

  16. 3rd Reading

    2/13/2025House

  17. 2nd Reading

    2/12/2025House

  18. Committee Report

    2/4/2025House

  19. Committee Executive Action

    2/3/2025House

  20. Fiscal Note Printed

    1/29/2025House

  21. Fiscal Note Signed

    1/28/2025House

  22. Fiscal Note Received

    1/27/2025House

  23. Hearing

    1/24/2025House

  24. 1st Reading

    1/23/2025House

  25. Referred to Committee

    1/23/2025House

Bill Text

  • Enrolled

    4/25/2025

    PDF

  • As Amended (Version 2)

    2/4/2025

    PDF

  • Introduced

    1/22/2025

    PDF

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