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MontanaSB 45869th Legislature, Regular Session (2025)Senate

Revise commercial property assessed capital enhancement program laws

Sponsored By: Kenneth Bogner (Republican)

Signed by Governor

Economic DevelopmentPlanning

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Bill Overview

Analyzed Economic Effects

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

More financed upgrades for commercial buildings

The law lets local governments finance more kinds of upgrades on commercial buildings. It adds public safety and resiliency projects like seismic fixes, better indoor air, wind, fire, and flood hardening, backup power, stormwater controls, and firearm storage for public use. You sign a contract as the record owner in a district. A third party provides the loan, and you repay it through a property assessment.

New rules for project assessment liens

A project assessment is a lien like a property tax and stays with the property until paid. The term cannot be longer than the project's useful life. The county can collect late payments the same way as property taxes. Installments are usually on your property tax bill unless a special assessment ordinance applies. Before you can join, the property must have no delinquent taxes, special assessments, or water or sewer charges.

New rules start October 1, 2025

The law takes effect on October 1, 2025. That is when the new program rules apply.

Program plan and owner-arranged financing rules

The Montana Facility Finance Authority runs the program and must publish a plan first. The plan covers marketing, which projects qualify, capital options (including owner-arranged loans), quality checks, contractor rules, and anti-fraud steps. If you arrange your own financing, the local government can place the assessment and send payments to the Authority, which pays your lender.

Sponsors & Cosponsors

Sponsor

  • Kenneth Bogner

    Republican • Senate

Cosponsors

  • Courtenay Sprunger

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 295 • No: 4

House vote • 4/11/2025

Do Concur

Yes: 97 • No: 2

House vote • 4/10/2025

Do Concur

Yes: 99 • No: 1

Senate vote • 3/6/2025

Do Pass

Yes: 49 • No: 1

Senate vote • 3/5/2025

Do Pass

Yes: 50 • No: 0

Actions Timeline

  1. Chapter Number Assigned

    5/8/2025Senate

  2. Signed by Governor

    5/5/2025Senate

  3. Transmitted to Governor

    4/25/2025Senate

  4. Signed by Speaker

    4/25/2025House

  5. Signed by President

    4/21/2025Senate

  6. Returned from Enrolling

    4/13/2025Senate

  7. Sent to Enrolling

    4/11/2025Senate

  8. 3rd Reading

    4/11/2025House

  9. 2nd Reading

    4/10/2025House

  10. Committee Report

    4/4/2025House

  11. Committee Executive Action

    4/3/2025House

  12. Hearing

    3/28/2025House

  13. 1st Reading

    3/17/2025House

  14. Referred to Committee

    3/7/2025House

  15. Transmitted to House

    3/6/2025Senate

  16. 3rd Reading

    3/6/2025Senate

  17. 2nd Reading

    3/5/2025Senate

  18. Committee Report

    3/3/2025Senate

  19. Committee Executive Action

    3/1/2025Senate

  20. Hearing

    2/28/2025Senate

  21. 1st Reading

    2/25/2025Senate

  22. Referred to Committee

    2/24/2025Senate

  23. Introduced

    2/24/2025Senate

Bill Text

  • Enrolled

    4/15/2025

    PDF

  • Introduced

    2/24/2025

    PDF

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