Montana legislation · 2025 Regular Session
Montana HB919: Authorize transfers and other necessary measure to implement HB 2 section A
Status: Failed, May 22, 2025
What the bill says
A bill for an act requiring the board of investments to perform duties in a restricted fiduciary fund type; temporarily allowing use of the accommodations tax for historical sites at reeder's alley and virginia city; providing for a study on cost-of-living adjustments; amending section sections 2-15-1808 and 15-65-121, mca; and providing an effective date.".
From the engrossed text:
A BILL FOR AN ACT REQUIRING THE BOARD OF INVESTMENTS TO PERFORM DUTIES IN A RESTRICTED FIDUCIARY FUND TYPE; TEMPORARILY ALLOWING USE OF THE ACCOMMODATIONS TAX FOR HISTORICAL SITES AT REEDER'S ALLEY AND VIRGINIA CITY; PROVIDING FOR A STUDY ON COST-OF-LIVING ADJUSTMENTS; AMENDING SECTION SECTIONS 2-15-1808 AND 15-65-121, MCA; AND PROVIDING AN EFFECTIVE DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: Section 1. Section 2-15-1808, MCA, is amended to read: "2-15-1808. Board of investments -- allocation -- composition -- quasi-judicial. (1) There is a board of investments within the department of commerce. (2) Except as otherwise provided in this subsection, the board is allocated to the department for administrative purposes as prescribed in 2-15-121. The board may employ a chief investment officer and an executive director who have general responsibility for selection and management of the board's staff and for direct investment and economic development activities. The board shall prescribe the duties and annual salaries of the chief investment officer, executive director, and six professional staff positions. The chief investment officer, executive director, and six professional staff serve at the pleasure of the board. (3) The board is composed of nine members appointed by the governor, as prescribed in 2-15124, and two ex officio, nonvoting members. The members are: (a) one member from the public employees' …
Sponsors
- Walsh, Ken (R, 69) · primary sponsor
Latest actions
- : (S) Died in Committee
- : (S) Tabled in Committee
- : (S) Hearing Canceled
- : (S) Hearing
- : (S) Hearing Canceled
- : (S) Hearing
- : (S) Referred to Committee
- : (S) 1st Reading
- : (H) Revised Fiscal Note Signed
- : (H) Revised Fiscal Note Received
Votes
- Do Pass (April 8, 2025): 64 yea, 33 nay, passed
- Do Pass (April 7, 2025): 56 yea, 41 nay, passed
Subjects: Appropriations, State Finance, Money Transfer
Common questions
- What is HB919?
- HB919 is a bill in the Montana Legislature (2025 Regular Session): Authorize transfers and other necessary measure to implement HB 2 section A.
- What does HB919 do?
- In its own words: A bill for an act requiring the board of investments to perform duties in a restricted fiduciary fund type; temporarily allowing use of the accommodations tax for historical sites at reeder's alley and virginia city; providing for a study on cost-of-living adjustments; amending section sections 2-15-1808 and 15-65-121, mca; and providing an effective date.".
- What is the status of HB919?
- Failed as of May 22, 2025. Latest action: (S) Died in Committee (May 22, 2025).
- Who sponsored HB919?
- Walsh, Ken (R, 69).
- Where is the official record for HB919?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC0955
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.