HB 440 aimed to provide tax incentives for the sale of food produced in Montana. The bill proposed allowing both individuals and corporations to subtract income earned from selling Montana-produced food when calculating their state income taxes. This mechanism was intended to reduce the tax burden on those involved in the sale of local food products. The bill sought to amend current statutes governing individual and corporate income tax adjustments.
HB 878 proposes to increase the funding available for housing loans for low-income and moderate-income individuals in Montana. It authorizes the Board of Housing to administer an additional $50 million, raising its total from $65 million to $115 million, from the permanent coal tax trust fund. These funds are specifically designated for providing loans to develop and preserve homes and apartments for eligible persons. The bill also outlines project requirements, such as loans being for multifamily rental housing projects and adhering to specific interest rate guidelines.
House Bill 649 proposes establishing a "Farm to Food Bank Grant Program" to be administered by the Department of Agriculture. This program would offer competitive grants to organizations, such as regional food hubs, to purchase Montana-grown food products directly from farmers and ranchers. These purchased items, including fruits, vegetables, and meats, would then be distributed to food pantries across the state. The goal is to provide fresh, local food to low-income consumers while creating a new market for Montana producers, with a preference for applicants serving rural and tribal communities. The bill appropriates $3 million to fund the program for the biennium beginning July 1, 2025.
House Bill 34 creates a permanent Disaster Resiliency Fund within the state special revenue fund, managed by the Department of Military Affairs. This fund is intended to support state and local mitigation projects, provide matching funds for hazardous material equipment and training, and develop emergency management resources. Annually, $4 million from the general fund is transferred into this account, which has a maximum balance of $12 million. Any funds exceeding this cap are returned to the general fund. The money in the account is statutorily appropriated, allowing for ongoing use without further biennial legislative approval, directly affecting state and local disaster preparedness efforts.
HB 228 revises how the Office of Budget and Program Planning reports on the actual costs of certain legislation to the Legislative Finance Committee. It lowers the threshold for tracking from $1 million to $500,000 in projected general fund expenditures. The bill requires reports to be submitted biannually, in February and October, detailing actual spending for the preceding six months and comparing it to the original projected costs. This legislation also repeals a termination date, making this cost reporting requirement permanent.
House Bill 864 implements provisions related to education funding and administration across various institutions. It expands the use of the School Facility and Technology Account, allowing excess funds to be transferred to the School Major Maintenance Aid Account to prevent aid reductions for schools. For community colleges, the bill revises definitions and mechanisms for calculating state general fund appropriations, incorporating inflationary adjustments and changes in full-time equivalent (FTE) student numbers. It also increases payments for resident nonbeneficiary students at tribal colleges and mandates a study on interlibrary resource sharing programs and the Office of Public Instruction.
HB 920 establishes a temporary property tax exemption for new senior care facilities and housing development projects. Tax-exempt non-profit organizations sponsoring these projects must first petition a local government, which determines if there is a "compelling need" for the project through a public hearing. If approved by the local government, the sponsor can then apply to the department of revenue for the exemption. This bill aims to encourage the development of various affordable housing and care options for seniors aged 55 or 62 and older.
HB 10 appropriates over $39 million for various information technology (IT) capital projects across multiple state agencies for the biennium ending June 30, 2027. It transfers funds from the general fund to the Long-Range Information Technology Program (LRITP) account to support these initiatives. The bill funds projects such as cybersecurity enhancements, system modernizations, and new business applications for departments like Administration, Corrections, and Public Health and Human Services. All funded projects require approval from the chief information officer and budget director for their design, implementation, and data security plans, emphasizing safeguards against unauthorized access and promoting data sharing among agencies.
HB 515 revises state laws concerning funding for school facilities and technology, directly affecting school districts across the state. The bill consolidates two existing state special revenue accounts and increases the amount and multiplier in the state's major maintenance aid formula. These changes are intended to provide more funding to school districts for significant upkeep projects without impacting property taxpayers. Additionally, it revises statutes related to state school technology payments and allows natural resource development payments to support state major maintenance aid and debt service assistance.
HB 505 modifies the Montana Housing Infrastructure Revolving Loan Fund Account. The bill allows this fund to retain all interest and income it earns, rather than those funds being transferred elsewhere. It also directs the state treasurer to transfer $50 million from the general fund into this account by June 2025 and another $50 million by June 2026. These provisions aim to increase the resources available within the revolving loan fund, which supports housing infrastructure projects. The principal of the fund can only be appropriated by a two-thirds vote of each legislative house.