# Montana HB 505: Allow Montana housing infrastructure revolving loan fund to retain its interest and income and provide for fund transfers Montana HB 505, Allow Montana housing infrastructure revolving loan fund to retain its interest and income and provide for fund transfers, is a 69th Legislature, Regular Session (2025) House bill sponsored by Mike Vinton (Republican); status signed, last action 2025-05-19 (Chapter Number Assigned); PRIA reads it as touching household money (as of 2026-10-12). - Canonical: https://policyrisk.com/state-bill/MT-HB505-2025 - As of: 2026-10-12 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Montana HB 505 - State: Montana - Session: 69th Legislature, Regular Session (2025) - Title: Allow Montana housing infrastructure revolving loan fund to retain its interest and income and provide for fund transfers - Status: signed - Chamber: House - Introduced: 2025-02-13 - Last action: 2025-05-19, Chapter Number Assigned - Sponsor: Mike Vinton (Republican) - Cosponsors: 1 - Subjects: State Finance, Housing, Money Transfer, Appropriations - Touches household money: yes - Roll calls: 7 (495 yes, 50 no in all) - Economic provisions PRIA read: 3 ## Summary No summary available. ## Bill overview: provisions PRIA read - Housing fund keeps past and future earnings: benefit, low. 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: benefit, low. 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 h… - Adds $50 million to housing fund with density rule: mixed, low. 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 bal… ## Sponsors and cosponsors - Sponsor: Mike Vinton (Republican), House - Cosponsor: Josh Kassmier (Republican), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-04-30 | House | Do Concur | pass | 96 | 4 | | | 2025-04-29 | House | Do Concur | pass | 90 | 8 | | | 2025-04-25 | Senate | Do Concur | pass | 44 | 5 | | | 2025-04-23 | Senate | AMD-HB0505.001.004 Zolnikov D/PASS | pass | 45 | 5 | | | 2025-04-23 | Senate | Do Concur As Amended | pass | 42 | 8 | | | 2025-04-05 | House | Do Pass | pass | 90 | 8 | | | 2025-04-04 | House | Do Pass | pass | 88 | 12 | | ## Actions (33) - 2025-05-19: Chapter Number Assigned (House) - 2025-05-13: Signed by Governor (House) - 2025-05-07: Transmitted to Governor (House) - 2025-05-06: Signed by President (Senate) - 2025-05-05: Signed by Speaker (House) - 2025-05-01: Returned from Enrolling (House) - 2025-04-30: Sent to Enrolling (House) - 2025-04-30: 3rd Reading Senate Amendments (House) - 2025-04-29: 2nd Reading Senate Amendments (House) - 2025-04-25: Returned to House with Amendments (Senate) - 2025-04-25: 3rd Reading (Senate) - 2025-04-23: 2nd Reading (Senate) - 2025-04-23: 2nd Reading Motion to Amend (Senate) - 2025-04-22: Committee Report (Senate) - 2025-04-16: Committee Executive Action (Senate) - 2025-04-14: Hearing (Senate) - 2025-04-07: Referred to Committee (Senate) - 2025-04-07: 1st Reading (Senate) - 2025-04-05: Transmitted to Senate (House) - 2025-04-05: 3rd Reading (House) - 2025-04-04: 2nd Reading (House) - 2025-04-03: Committee Report (House) - 2025-04-03: Committee Executive Action (House) - 2025-02-24: Hearing (House) - 2025-02-22: Fiscal Note Printed (House) - 2025-02-20: Fiscal Note Signed (House) - 2025-02-20: Fiscal Note Received (House) - 2025-02-20: Hearing Canceled (House) - 2025-02-19: Hearing (House) - 2025-02-14: 1st Reading (House) - 2025-02-14: Referred to Committee (House) - 2025-02-13: Fiscal Note Requested (House) - 2025-02-13: Introduced (House) ## Bill text - Enrolled, 2025-04-30: [PDF](https://docs.legmt.gov/download-ticket?ticketId=1168bb92-5e46-4b37-b34f-39280caca847) - As Amended (Version 3), 2025-04-23: [PDF](https://docs.legmt.gov/download-ticket?ticketId=b9f4100f-38d7-4517-a7f3-804f5298734d) - As Amended (Version 2), 2025-04-22: [PDF](https://docs.legmt.gov/download-ticket?ticketId=c419fbcf-adaa-49d8-8d98-852894299125) - Introduced, 2025-02-13: [PDF](https://docs.legmt.gov/download-ticket?ticketId=6da22ea2-a920-4b19-b797-645adf7cff97) ## 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 422: Generally revise laws relating to insurance coverage relating to cancer (vetoed) - SB 424: Revising the disabled veteran property tax assistance program (vetoed) ## Sources - [Enrolled (PDF)](https://docs.legmt.gov/download-ticket?ticketId=1168bb92-5e46-4b37-b34f-39280caca847) - [As Amended (Version 3) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=b9f4100f-38d7-4517-a7f3-804f5298734d) - [As Amended (Version 2) (PDF)](https://docs.legmt.gov/download-ticket?ticketId=c419fbcf-adaa-49d8-8d98-852894299125) - [Introduced (PDF)](https://docs.legmt.gov/download-ticket?ticketId=6da22ea2-a920-4b19-b797-645adf7cff97) ## 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 422: Generally revise laws relating to insurance coverage relating to cancer](https://policyrisk.com/state-bill/MT-SB422-2025) - [SB 424: Revising the disabled veteran property tax assistance program](https://policyrisk.com/state-bill/MT-SB424-2025) - [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-HB505-2025 (as of 2026-10-12).