SB 459 Montana Senate · 2025 Regular Session

Revise laws related to investments made by the board of investments

SB 459 requires Montana's state investment board to avoid investing in securities from jurisdictions where federal accounting inspections of firms cannot occur. It prohibits investments in such securities and mandates the board to sell them off without financial loss when possible. The bill also requires the board to consult with the Securities and Exchange Commission biennially to ensure compliance with state investment rules. This directly affects how Montana manages its public investment funds.

Bill status died 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 24, 2025 Last action May 23, 2025

Maddy AI version diff · 1 comparison

What changed between versions

LC0772.pdf → SB0459_1.pdf · 3 edits

MINOR

The bill text was renumbered from LC 0772 to SB 459, indicating a procedural change where the legislation moved from the House to the Senate. The core policy language regarding investment laws remains unchanged, with only minor formatting adjustments to the header and page footers.

TECHNICAL

Bill number changed from LC 0772 to SB 459, reflecting its introduction in the Senate.

Header text updated to identify the bill as Senate Bill No. 459 instead of a House bill.

Page footers updated to reflect the new bill number and authorized print version status.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Mar 4, 2025

Amended

(S) Tabled in Committee - (S) Business, Labor and Economic Affairs

upper

Feb 25, 2025

Committee

(S) Referred to Committee - (S) Business, Labor and Economic Affairs

upper

Feb 24, 2025

Introduced

(S) Introduced

upper

1 primary · 0 co-sponsors