Expanding access to low-cost capital to certain eligible projects and entities

This bill expands access to low-cost financing for nonprofit organizations and public-benefit projects in Montana, including hospitals, schools, renewable energy facilities, and family service providers. It increases the Montana Facility Finance Authority's bond issuance limit to $1.5 billion and adds a biennial inflation adjustment to that cap to maintain funding capacity over time. The legislation also updates legal definitions to clarify which types of facilities and entities qualify for these financing options, ensuring broader eligibility for community and economic development projects.