LC 3417 Legislature · 2025 Regular Session

Revised requirements for the reporting of actual costs for legislation with projected fiscal impacts

This bill updates how Montana tracks the actual spending of laws that were expected to cost more than $500,000 from the state's general fund. It requires the Office of Budget and Program Planning to submit biannual reports to the Legislative Finance Committee every February and October, comparing actual expenditures against the original cost estimates provided in fiscal notes. The reports must cover bills that have been in effect for at least one full fiscal year and include details on how funds were spent alongside a comparison to projected costs. By repealing a previous termination date, this legislation ensures the reporting requirement continues indefinitely rather than ending on December 31, 2025.
Bill status introduced 1 of 4 stages cleared
Introduction
Dec 2024
Committee Review
Floor Vote
Governor
Introduced Dec 14, 2024 Last action Jan 15, 2025
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