Montana legislation · 2025 Regular Session
Montana HB88: Allow for automatic return of certain unclaimed property
Status: Signed into law, April 18, 2025
What the bill says
An act revising laws related to the return of unclaimed property; providing conditions for when the department of revenue may automatically return certain unclaimed property to its owner; amending section 70-9-815, mca; and providing an immediate effective date.
From the engrossed text:
AN ACT REVISING LAWS RELATED TO THE RETURN OF UNCLAIMED PROPERTY; PROVIDING CONDITIONS FOR WHEN THE DEPARTMENT OF REVENUE MAY AUTOMATICALLY RETURN CERTAIN UNCLAIMED PROPERTY TO ITS OWNER; AMENDING SECTION 70-9-815, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE. Section 1. Section 70-9-815, MCA, is amended to read: "70-9-815. Filing claim with administrator -- handling of claims by administrator -- exception. (1) A Except as provided in subsection (5), a person, excluding another state, claiming property paid or delivered to the administrator may file a claim on a form prescribed by the administrator and verified by the claimant. (2) Within 90 days after a claim is filed, the administrator shall allow or deny the claim and give written notice of the decision to the claimant. If the claim is denied, the administrator shall inform the claimant of the reasons for the denial and specify what additional evidence is required before the claim will be allowed. The claimant may then file a new claim with the administrator or maintain an action under 70-9-816. (3) Within 30 days after a claim is allowed, the property or the net proceeds of a sale of the property must be delivered or paid by the administrator to the claimant, together with any dividend, interest, or other increment to which the claimant is entitled under 70-9-812. (4) …
Sponsors
- Bertoglio, Marta (R, 75) · primary sponsor
Latest actions
- : Chapter Number Assigned
- : (H) Signed by Governor
- : (H) Transmitted to Governor
- : (S) Signed by President
- : (H) Signed by Speaker
- : (H) Returned from Enrolling
- : (H) Sent to Enrolling
- : (H) 3rd Reading Senate Amendments
- : (H) Scheduled for 3rd Reading
- : (H) 2nd Reading Senate Amendments
Votes
- Do Concur (March 29, 2025): 96 yea, 0 nay, passed
- Do Concur (March 28, 2025): 99 yea, 0 nay, passed
- Do Concur (March 25, 2025): 50 yea, 0 nay, passed
- Do Concur (March 24, 2025): 50 yea, 0 nay, passed
- Do Pass (January 17, 2025): 98 yea, 0 nay, passed
- Do Pass (January 16, 2025): 99 yea, 0 nay, passed
Subjects: Property
Common questions
- What is HB88?
- HB88 is a bill in the Montana Legislature (2025 Regular Session): Allow for automatic return of certain unclaimed property.
- What does HB88 do?
- In its own words: An act revising laws related to the return of unclaimed property; providing conditions for when the department of revenue may automatically return certain unclaimed property to its owner; amending section 70-9-815, mca; and providing an immediate effective date.
- What is the status of HB88?
- Signed into law as of April 18, 2025. Latest action: Chapter Number Assigned (April 18, 2025).
- Who sponsored HB88?
- Bertoglio, Marta (R, 75).
- Where is the official record for HB88?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC0094
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.