All Roll Calls
Yes: 435 • No: 158
Sponsored By: Linda Reksten (Republican)
Became Law
Personalized for You
Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
3 provisions identified: 1 benefits, 0 costs, 2 mixed.
The law sends coal severance tax money and earnings to school facility, maintenance, and technology accounts on set schedules. Starting July 1, 2023, 10% of any excess in the bond fund goes to the school facilities fund until it reaches $300 million, then to the permanent fund. Also starting then, 65% goes to the conservation district fund until $100 million, then to the coal board until $150 million, then to the coal endowment; 25% goes to Big Sky economic development through June 30, 2035. Each May 15, the treasurer moves needed earnings (not unrealized gains) to the 20‑9‑516 account; other earnings stay invested. The law adds 20‑9‑516 to the list of statutory appropriations, and it sets that the Department of Administration runs the school facilities fund and its earnings flow to the facility and technology account.
The law caps the school major maintenance levy at 10 mills. The total local money plus expected state aid cannot be more than $15,000 + $110 times last year’s ANB. If 10 mills brings in less than the district’s limit, other lawful funds can be added and still count as local effort. Voters can also approve a separate safety and security levy; it is not counted against debt limits. Districts may ask voters for a transition‑cost levy for up to 6 years, capped at the years chosen times the higher of 5% of the current maximum general fund or $250 per ANB.
K‑12 districts must calculate funding separately for elementary and high school programs, including ANB, BASE funding, guaranteed tax base aid, levy limits, and maintenance aid. K‑12 districts are treated like high school districts for retirement obligations. Districts use one operating fund for all grades. Tuition is set separately for elementary and high school based on prorated prior‑year costs. The number of trustees follows the attached elementary district’s classification. Any district that gets school major maintenance aid must file a receipt notice within 30 days.
Linda Reksten
Republican • House
There are no cosponsors for this bill.
All Roll Calls
Yes: 435 • No: 158
House vote • 4/25/2025
Do Concur
Yes: 80 • No: 20
House vote • 4/24/2025
Do Concur
Yes: 90 • No: 10
House vote • 4/22/2025
Do Concur
Yes: 29 • No: 21
House vote • 4/18/2025
Do Concur As Amended
Yes: 26 • No: 22
House vote • 4/18/2025
AMD-HB0515.002.002 Novak D/PASS
Yes: 35 • No: 13
House vote • 4/17/2025
Take HB 515 from Comm-Novak
Yes: 27 • No: 23
House vote • 4/5/2025
Do Pass
Yes: 73 • No: 25
House vote • 4/4/2025
Do Pass
Yes: 75 • No: 24
Chapter Number Assigned
Signed by Governor
Transmitted to Governor
Signed by President
Signed by Speaker
Returned from Enrolling
Sent to Enrolling
3rd Reading Passed as Amended by Senate
2nd Reading Senate Amendments Concurred
Returned to House with Amendments
3rd Reading Concurred
2nd Reading Concurred as Amended
2nd Reading Motion to Amend Carried
Taken from Committee; Placed on 2nd Reading
Tabled in Committee
Hearing
Referred to Committee
First Reading
Transmitted to Senate
3rd Reading Passed
Revised Fiscal Note Printed
2nd Reading Passed
Revised Fiscal Note Signed
Revised Fiscal Note Received
Revised Fiscal Note Requested
Enrolled
4/28/2025
As Amended (Version 3)
4/18/2025
As Amended (Version 2)
3/31/2025
Introduced
2/14/2025