Montana legislation · 2025 Regular Session
Montana SB500: Establish the Montana family legacy home act
Status: Failed, May 23, 2025
What the bill says
A bill for an act entitled: "an act revising cancellation of sale requirements for cabin and home site sales; amending section 77-2-363, mca; and providing an immediate effective date and an applicability date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT REVISING CANCELLATION OF SALE REQUIREMENTS FOR CABIN AND HOME SITE SALES; AMENDING SECTION 77-2-363, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE AND AN APPLICABILITY DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: Section 1. Section 77-2-363, MCA, is amended to read: "77-2-363. Land banking land sales and limitations -- sale preparation costs. (1) (a) The board may not cumulatively sell or dispose of more than 250,000 acres of state land. Seventy-five percent of the acreage cumulatively sold must be isolated parcels that do not have a legal right of access by the public. At any one time during the life of the land banking process, the board may not sell more than 20,000 acres of state land unless the board has acted to use the revenue from that land to make purchases pursuant to 77-2-364. (b) The estimated fair market value must be determined by a Montana-licensed and Montanacertified appraiser. (2) (a) A person bidding to purchase state land offered for sale shall 20 days prior to the day of auction deposit with the department a bid bond in the form of a certified check or cashier's check drawn on any Montana bank or an electronic funds transfer, as defined in 32-6-103, equal to at least 20% of …
Sponsors
- Smith, Laura (D, 40) · primary sponsor
Latest actions
- : (H) Died in Committee
- : (H) Tabled in Committee
- : (H) Hearing
- : (H) 1st Reading
- : (H) Referred to Committee
- : (S) Transmitted to House
- : (S) 3rd Reading
- : (S) Scheduled for 3rd Reading
- : (S) 2nd Reading
- : (S) Scheduled for 2nd Reading
Votes
- Do Pass (March 6, 2025): 39 yea, 10 nay, passed
- Do Pass (March 6, 2025): 37 yea, 12 nay, passed
Subjects: Property, Family Law, State Lands
Common questions
- What is SB500?
- SB500 is a bill in the Montana Legislature (2025 Regular Session): Establish the Montana family legacy home act.
- What does SB500 do?
- In its own words: A bill for an act entitled: "an act revising cancellation of sale requirements for cabin and home site sales; amending section 77-2-363, mca; and providing an immediate effective date and an applicability date.".
- What is the status of SB500?
- Failed as of May 23, 2025. Latest action: (H) Died in Committee (May 23, 2025).
- Who sponsored SB500?
- Smith, Laura (D, 40).
- Where is the official record for SB500?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC1063
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.