LC 531 Legislature · 2025 Regular Session

Provide cash lease-only bidding for agriculture leases

This bill modifies Montana's state land agricultural lease system by allowing competitive bidding for cash-based leases instead of requiring all leases to be on a crop share basis. It directly affects farmers and ranchers leasing state-owned agricultural land by introducing a new option where bidders submit dollar-per-acre bids rather than offering a percentage of their crop yield. The key provision requires successful cash lease bidders to pay a minimum annual guarantee of at least $15 per acre and mandates that these leases convert back to a crop share basis after a 10-year term. Additionally, the bill updates deposit requirements and rental payment deadlines to align with the new cash lease structure.
Bill status introduced 1 of 4 stages cleared
Introduction
Oct 2024
Committee Review
Floor Vote
Governor
Introduced Oct 9, 2024 Last action Nov 20, 2024
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