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MT SB500

Bill

Status

Failed

5/23/2025

Primary Sponsor

Laura Smith

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Removes a provision that allowed cabin or home site lessees to cancel a sale they initiated even after another bidder had deposited a bid bond

  • Lessees who initiate sales of cabin or home sites may still cancel at least 10 days before auction, but only if no other person has deposited a bid bond

  • Lessees who cancel sales remain responsible for department costs incurred in preparing the sale, including environmental review documents

  • Effective immediately upon passage and applies to cabin or home site sales initiated on or after the effective date

Legislative Description

Establish the Montana family legacy home act

State Lands

Last Action

(H) Died in Standing Committee

5/23/2025

Committee Referrals

Natural Resources3/17/2025
Natural Resources2/26/2025

Full Bill Text

No bill text available