summary
Introduced
02/24/2025
02/24/2025
In Committee
03/17/2025
03/17/2025
Crossed Over
03/07/2025
03/07/2025
Passed
04/28/2025
04/28/2025
Dead
Signed/Enacted/Adopted
05/13/2025
05/13/2025
Introduced Session
2025 Regular Session
Bill Summary
AN ACT GENERALLY REVISING TRADE AND COMMERCE LAWS; REVISING CONTRACT TERM LIMITS FOR THE MONTANA HERITAGE PRESERVATION AND DEVELOPMENT COMMISSION; AMING SECTION 22-3-1003, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE.”
AI Summary
This bill modifies the contract provisions for the Montana Heritage Preservation and Development Commission, primarily expanding the potential contract term limit for commercial leases with private organizations that make substantial capital investments. Specifically, the bill increases the standard 20-year contract term limit to a potential 99-year term for such special cases. The bill also makes several technical amendments to the existing law, including renumbering subsections and clarifying provisions around building construction, contract negotiations, and property sales. Key changes include allowing the commission to contract for preservation or stabilization of structures over $300,000 without legislative consent if delaying would cause damage, requiring a portion of profits to be reinvested in properties, and establishing a policy for property acquisitions and sales that considers factors like cultural significance, economic stability, and potential social impacts. The bill provides more flexibility for the commission in managing historic properties, with an immediate effective date upon passage and approval.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
(H) Signed by Governor (on 05/13/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://bills.legmt.gov/#/laws/bill/2/LC3617 |
State Bill Page | https://bills.legmt.gov/#/lc/bill/2/LC3617 |
BillText | https://docs.legmt.gov/download-ticket?ticketId=4148f476-18ab-4b48-bb40-71234875168b |
Fiscal Note HB0680_1 | https://docs.legmt.gov/download-ticket?ticketId=2c41425c-0f5a-4baf-86a0-d15cd15fb23a |
BillText | https://docs.legmt.gov/download-ticket?ticketId=d47990bd-31fb-4e15-b00e-afe6f85dcc10 |
BillText | https://api.legmt.gov/docs/v1/documents/getContent?documentId=284911 |
Loading...