The bill establishes the Modernization and Risk Analysis Committee, outlining its duties and functions, as well as provisions for compensation for both legislative and public committee members. It addresses how vacancies on the committee will be handled and specifies that the Legislative Fiscal Division and the Legislative Services Division will provide staffing support for the committee. Additionally, the bill renames the Legislative Finance Act to the Legislative Finance and Data Analytics Act and includes amendments to several sections of the Montana Code Annotated (MCA), specifically sections 5-5-211, 5-12-101, 5-12-301, and 5-12-302.

Furthermore, the bill repeals Section 3 of Chapter 508 from the Laws of 2021 and stipulates an immediate effective date for its provisions. These changes aim to enhance the legislative framework surrounding finance and data analytics, ensuring that the committee is well-equipped to address modernization and risk analysis in state governance.

Statutes affected:
HB0140_1.pdf: 5-5-211, 5-12-101, 5-12-301, 5-12-302
HB0140_2.pdf: 5-5-211, 5-12-101, 5-12-301, 5-12-302
Amended: 5-5-211, 5-12-101, 5-12-301, 5-12-302
Introduced: 5-5-211, 5-12-101, 5-12-301, 5-12-302