HB420 is a bill in the Montana Legislature (2025 Regular Session): Revise tax lien and deed laws and provide equity threshold.

What is the status of HB420?

Failed as of May 20, 2025. Latest action: (H) Died in Process (May 20, 2025).

Where is the official record for HB420?

On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC2128

Montana legislation · 2025 Regular Session

Montana HB420: Revise tax lien and deed laws and provide equity threshold

Q: What does HB420 do?

In its own words: A bill for an act revising the time for redemption by an interested party; providing that a tax deed may not be issued until a delinquency exceeds certain equity thresholds; providing for additional notices to interested parties; requiring online bidding in real time; providing for distribution of surplus funds as unclaimed property; revising property types that are subject to increased protections; amending sections 15-16101, 15-17-121, 15-17-122, 15-18-111, 15-18-211, 15-18-214, 15-18-219, 15-18-220, and 15-18-221, mca; and providing an applicability date.".

Status: Failed, May 20, 2025

What the bill says

A bill for an act revising the time for redemption by an interested party; providing that a tax deed may not be issued until a delinquency exceeds certain equity thresholds; providing for additional notices to interested parties; requiring online bidding in real time; providing for distribution of surplus funds as unclaimed property; revising property types that are subject to increased protections; amending sections 15-16101, 15-17-121, 15-17-122, 15-18-111, 15-18-211, 15-18-214, 15-18-219, 15-18-220, and 15-18-221, mca; and providing an applicability date.".

From the engrossed text:

A BILL FOR AN ACT REVISING THE TIME FOR REDEMPTION BY AN INTERESTED PARTY; PROVIDING THAT A TAX DEED MAY NOT BE ISSUED UNTIL A DELINQUENCY EXCEEDS CERTAIN EQUITY THRESHOLDS; PROVIDING FOR ADDITIONAL NOTICES TO INTERESTED PARTIES; REQUIRING ONLINE BIDDING IN REAL TIME; PROVIDING FOR DISTRIBUTION OF SURPLUS FUNDS AS UNCLAIMED PROPERTY; REVISING PROPERTY TYPES THAT ARE SUBJECT TO INCREASED PROTECTIONS; AMENDING SECTIONS 15-16101, 15-17-121, 15-17-122, 15-18-111, 15-18-211, 15-18-214, 15-18-219, 15-18-220, AND 15-18-221, MCA; AND PROVIDING AN APPLICABILITY DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: Section 1. Section 15-16-101, MCA, is amended to read: "15-16-101. Treasurer to publish notice -- manner of publication. (1) Within 10 days after the receipt of the property tax record, the county treasurer shall publish a notice specifying: (a) that one-half of all taxes levied and assessed will be due and payable before 5 p.m. on the next November 30 or within 30 days after the notice is postmarked and that unless paid prior to that time the amount then due will be delinquent and will draw interest at the rate of 5/6 of 1% a month from the time of delinquency until paid and 2% will be added to the delinquent taxes as a penalty; (b) that one-half of all taxes levied and assessed will be due and payable …

Read the full official text

Montana HB420: Revise tax lien and deed laws and provide equity threshold

What the bill says

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