Montana legislation · 2025 Regular Session
Montana SB223: Allow interest earned on workforce housing appropriations to be retained
Status: Signed into law, May 8, 2025
What the bill says
An act providing for the interest and income earned from workforce housing appropriations to be retained; amending section 15, chapter 774, laws of 2023; and providing an immediate effective date and a retroactive applicability date.
From the engrossed text:
AN ACT PROVIDING FOR THE INTEREST AND INCOME EARNED FROM WORKFORCE HOUSING APPROPRIATIONS TO BE RETAINED; AMENDING SECTION 15, CHAPTER 774, LAWS OF 2023; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE AND A RETROACTIVE APPLICABILITY DATE. Section 1. Section 15, Chapter 774, Laws of 2023, is amended to read: "Section 15. Workforce housing appropriations -- eligible uses of funds. (1) There is appropriated $12 million from the general fund to the board of investments for the biennium beginning July 1, 2023. The purpose of the funds is to advance the construction or purchase of workforce housing of employees who work at state-owned facilities that house state inmates or behavioral health patients. (2) Funds must be distributed to assist those who work and are living in counties that have a population of less than 15,000 inhabitants that are located within a 30-mile radius of a state-owned facility that, on an annual average, houses at least 100 state inmates or behavioral health patients, and the state-owned facility is located in a county that has a population that does not exceed 15,000 inhabitants. The distribution must be made pro rata based on the annual average state-owned facility population for the fiscal year beginning July 1, 2021, and the number of workers residing in each eligible county. (3) Eligible uses of the funds (b) providing …
Sponsors
- Esp, John (R, 29) · primary sponsor
- Fitzpatrick, John (R, 76)
Latest actions
- : Chapter Number Assigned
- : (S) Signed by Governor
- : (S) Transmitted to Governor
- : (H) Signed by Speaker
- : (S) Signed by President
- : (S) Returned from Enrolling
- : (S) Sent to Enrolling
- : (H) 3rd Reading
- : (H) Scheduled for 3rd Reading
- : (H) 2nd Reading
Votes
- Do Concur (April 11, 2025): 95 yea, 4 nay, passed
- Do Concur (April 10, 2025): 97 yea, 0 nay, passed
- Do Pass (February 10, 2025): 49 yea, 0 nay, passed
- Do Pass (February 7, 2025): 49 yea, 0 nay, passed
Subjects: Housing, State Finance, Labor and Employment
Common questions
- What is SB223?
- SB223 is a bill in the Montana Legislature (2025 Regular Session): Allow interest earned on workforce housing appropriations to be retained.
- What does SB223 do?
- In its own words: An act providing for the interest and income earned from workforce housing appropriations to be retained; amending section 15, chapter 774, laws of 2023; and providing an immediate effective date and a retroactive applicability date.
- What is the status of SB223?
- Signed into law as of May 8, 2025. Latest action: Chapter Number Assigned (May 8, 2025).
- Who sponsored SB223?
- Esp, John (R, 29), with 1 co-sponsor.
- Where is the official record for SB223?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC1908
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.