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MT HB422

Bill

Official Source

Status

Failed

5/20/2025

Primary Sponsor

Jonathan Karlen

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Amends Section 70-17-203, MCA to add a new category of covenants that legally run with the land
  • Allows property covenants that restrict sale, lease, or owner's share of equity appreciation to individuals with specific incomes or occupations
  • Covenants must have the purpose of encouraging long-term affordability and attainability of workforce housing
  • Adds workforce housing covenants to the existing list of recognized land covenants, which includes conservation easements, open space dedications, and wind easements

Legislative Description

Allow covenants that provide housing affordability

Public Contracts

Last Action

(H) Died in Process

5/20/2025

Committee Referrals

Judiciary2/7/2025

Full Bill Text

No bill text available