Provide account and transfer for BOI for investment in precious metals and digital assets
HB 429, titled the "Inflation Protection Act of 2025," proposed creating a new state special revenue account within the state special revenue fund. This account would be initially funded by a $50 million transfer from the state's general fund by July 15, 2025, with additional funding from future legislative transfers. The bill authorized the Board of Investments to invest the funds in this account in precious metals, digital assets, and stablecoins. Any proceeds generated from these investments would remain within the account, affecting the state's financial management and investment strategies.
Bill status
died
3 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Feb 2025
House Passage
Feb 2025
Senate Passage
Governor
Introduced Feb 7, 2025
Last action May 20, 2025
Maddy AI version diff · 5 comparisons
What changed between versions
HB0429_2(10).pdf
→
HB0429_2(11).pdf
·
1 edit
MINOR
The bill removed the names of three legislators (Schubert and two individuals with the surname Zolnikov) from the list of sponsors. This is a procedural change reflecting a withdrawal of sponsorship or a correction to the official sponsor list, rather than a change to the bill's actual policy or legal requirements.
TECHNICAL
Removed the names of three sponsors from the list of bill supporters.
Floor votes · House Feb 22, 2025
How they voted
95–4
Passed · 1 other
Total votes 100
Feb 22, 2025
D
Democratic42
100% Yea
R
Republican58
91% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
32
Key actions
3
Committee
3
Feb 22, 2025
House · Passed
House Vote: pass (95-4-1)
house
Feb 19, 2025
Lower · Passed
(H) Committee Report - (H) Business and Labor
lower
Feb 19, 2025
Lower · Passed
(H) Committee Executive Action - (H) Business and Labor
lower
Feb 10, 2025
Committee
(H) Referred to Committee - (H) Business and Labor
lower
Feb 7, 2025
Introduced
(H) Introduced
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Curtis Schomer
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 429
Scope: MT
Hi! I can help you understand HB 429. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline