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MT SB9

Bill

Official Source

Status

Passed

4/16/2025

Primary Sponsor

Wendy McKamey

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Changes the minimum deposit frequency for state agencies from weekly to every 14 days when cash does not exceed $200 and total collections do not exceed $750
  • Agencies must still deposit daily when accumulated coin and currency exceeds $200 or total collections exceed $750
  • Modified deposit schedules proposed by agencies must still meet the 14-day minimum requirement unless the agency demonstrates hardship due to peak processing times
  • Amends Section 17-6-105, MCA governing state treasurer deposits
  • Effective immediately upon passage and approval

Legislative Description

Allow agency cash deposits biweekly

Appropriations

Last Action

Chapter Number Assigned

4/17/2025

Committee Referrals

State Administration2/3/2025
State Administration1/14/2025

Full Bill Text

No bill text available