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MT SB500
Bill
AI Summary
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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
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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
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Lessees who cancel sales remain responsible for department costs incurred in preparing the sale, including environmental review documents
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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