HB 429 Montana House · 2025 Regular Session

Provide account and transfer for BOI for investment in precious metals and digital assets

HB 429, titled the "Inflation Protection Act of 2025," proposed creating a new state special revenue account within the state special revenue fund. This account would be initially funded by a $50 million transfer from the state's general fund by July 15, 2025, with additional funding from future legislative transfers. The bill authorized the Board of Investments to invest the funds in this account in precious metals, digital assets, and stablecoins. Any proceeds generated from these investments would remain within the account, affecting the state's financial management and investment strategies.
Bill status died 3 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Feb 2025
House Passage
Feb 2025
Senate Passage
Governor
Introduced Feb 7, 2025 Last action May 20, 2025
Maddy AI version diff · 5 comparisons

What changed between versions

HB0429_2(10).pdf HB0429_2(11).pdf · 1 edit
MINOR
The bill removed the names of three legislators (Schubert and two individuals with the surname Zolnikov) from the list of sponsors. This is a procedural change reflecting a withdrawal of sponsorship or a correction to the official sponsor list, rather than a change to the bill's actual policy or legal requirements.
TECHNICAL

Removed the names of three sponsors from the list of bill supporters.

Floor votes · House Feb 22, 2025

How they voted

954
Passed · 1 other
Total votes 100
Feb 22, 2025
D Democratic42
42 Yea
100% Yea
R Republican58
53 Yea 4 Nay 1
91% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
32
Key actions
3
Committee
3
Feb 22, 2025
House · Passed
House Vote: pass (95-4-1)
house
Feb 19, 2025
Lower · Passed
(H) Committee Report - (H) Business and Labor
lower
Feb 19, 2025
Lower · Passed
(H) Committee Executive Action - (H) Business and Labor
lower
Feb 10, 2025
Committee
(H) Referred to Committee - (H) Business and Labor
lower
Feb 7, 2025
Introduced
(H) Introduced
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Curtis Schomer
Curtis Schomer
RRepublican
MT
48