MontanaHB 50569th Legislature, Regular Session (2025)HouseWALLET

Allow Montana housing infrastructure revolving loan fund to retain its interest and income and provide for fund transfers

Sponsored By: Mike Vinton (Republican)

Signed by Governor

State FinanceHousingMoney TransferAppropriations

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Bill Overview

Analyzed Economic Effects

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

Housing fund keeps past and future earnings

All interest and other income earned by the Montana housing infrastructure revolving loan fund stays in the account. The rule applies to earnings going forward and back to June 14, 2023. Keeping these earnings in the fund grows money available for housing infrastructure loans and financing.

More financing tools for housing projects

The Board of Investments can use the housing fund to secure bonds for eligible projects. The Board can also use interest income to finance ownership or preservation of mobile home parks and other multifamily housing. These tools help more projects line up funding, but do not give cash directly to households.

Adds $50 million to housing fund with density rule

By June 30, 2025, the state treasurer transfers $50 million into the housing infrastructure revolving loan fund. Those transferred dollars can finance only residential projects with at least three housing units per acre. The density rule applies to the transferred money, not to the fund’s other balances.

Sponsors & Cosponsors

Sponsor

  • Mike Vinton

    Republican • House

Cosponsors

  • Josh Kassmier

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 495 • No: 50

House vote • 4/30/2025

Do Concur

Yes: 96 • No: 4

House vote • 4/29/2025

Do Concur

Yes: 90 • No: 8

Senate vote • 4/25/2025

Do Concur

Yes: 44 • No: 5

Senate vote • 4/23/2025

AMD-HB0505.001.004 Zolnikov D/PASS

Yes: 45 • No: 5

Senate vote • 4/23/2025

Do Concur As Amended

Yes: 42 • No: 8

House vote • 4/5/2025

Do Pass

Yes: 90 • No: 8

House vote • 4/4/2025

Do Pass

Yes: 88 • No: 12

Actions Timeline

  1. Chapter Number Assigned

    5/19/2025House
  2. Signed by Governor

    5/13/2025House
  3. Transmitted to Governor

    5/7/2025House
  4. Signed by President

    5/6/2025Senate
  5. Signed by Speaker

    5/5/2025House
  6. Returned from Enrolling

    5/1/2025House
  7. Sent to Enrolling

    4/30/2025House
  8. 3rd Reading Senate Amendments

    4/30/2025House
  9. 2nd Reading Senate Amendments

    4/29/2025House
  10. Returned to House with Amendments

    4/25/2025Senate
  11. 3rd Reading

    4/25/2025Senate
  12. 2nd Reading

    4/23/2025Senate
  13. 2nd Reading Motion to Amend

    4/23/2025Senate
  14. Committee Report

    4/22/2025Senate
  15. Committee Executive Action

    4/16/2025Senate
  16. Hearing

    4/14/2025Senate
  17. Referred to Committee

    4/7/2025Senate
  18. 1st Reading

    4/7/2025Senate
  19. Transmitted to Senate

    4/5/2025House
  20. 3rd Reading

    4/5/2025House
  21. 2nd Reading

    4/4/2025House
  22. Committee Report

    4/3/2025House
  23. Committee Executive Action

    4/3/2025House
  24. Hearing

    2/24/2025House
  25. Fiscal Note Printed

    2/22/2025House

Bill Text

  • Enrolled

    4/30/2025

  • As Amended (Version 3)

    4/23/2025

  • As Amended (Version 2)

    4/22/2025

  • Introduced

    2/13/2025

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