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Committee rejects $50 million transfer to Housing Montana Fund; bill tabled
Summary
The committee voted down concurrence in Senate Bill 405, a proposal to transfer $50,000,000 of general fund to the Housing Montana Fund; the bill was then moved to the table to remain until the end of session.
The House Business and Labor Committee considered Senate Bill 405, a proposal to move $50,000,000 of general fund to the Housing Montana Fund as a one‑time appropriation. Vice Chair Siganscrows moved concurrence.
Chair Buttrey summarized the bill as moving "$50,000,000 of general fund to the Housing Montana Fund as OTO funding." There was no extended discussion recorded in the transcript prior to the roll call.
On the roll call the chair announced, "Members' motion fails with 8 4 and 12 against." Following that result the vice chair moved to table SB 405; members voted to table the bill and the chair said it would remain on the table until the end of session. The chair instructed staff to put SB 405 back on the table and noted it would remain unamended and on the table until the end of session.
The action leaves SB 405 without committee concurrence and formally tabled in committee.
