The bill amends Section 17-5-205 of the Montana Code Annotated (MCA) to extend the application of the Bond Validating Act to bonds issued and proceedings taken prior to the effective date of the act, which is set to be immediate upon passage and approval. Specifically, the bill removes the previous cutoff date of March 16, 2023, thereby allowing for a broader application of the Bond Validating Act to include earlier bonds and proceedings.

This legislative change is intended to ensure that bonds issued before the specified date are validated under the Bond Validating Act, thereby providing legal certainty and protection for those financial instruments. The bill was introduced by J. Darling at the request of the Department of Administration and is designed to facilitate the ongoing financial operations of the state.

Statutes affected:
LC Text: 17-5-205
HB0063_1(1): 17-5-205
HB0063_1(10): 17-5-205
HB0063_1(11): 17-5-205
HB0063_1(12): 17-5-205
HB0063_1(13): 17-5-205
HB0063_1(14): 17-5-205
HB0063_1(15): 17-5-205
HB0063_1(16): 17-5-205
HB0063_1(17): 17-5-205
HB0063_1(18): 17-5-205
HB0063_1(19): 17-5-205
HB0063_1(2): 17-5-205
HB0063_1(20): 17-5-205
HB0063_1(21): 17-5-205
HB0063_1(3): 17-5-205
HB0063_1(4): 17-5-205
HB0063_1(5): 17-5-205
HB0063_1(6): 17-5-205
HB0063_1(7): 17-5-205
HB0063_1(8): 17-5-205
HB0063_1(9): 17-5-205
HB0063_1: 17-5-205
HB0063_2(1): 17-5-205
HB0063_2(2): 17-5-205
HB0063_2(3): 17-5-205
HB0063_2(4): 17-5-205
HB0063_2(5): 17-5-205
HB0063_2(6): 17-5-205
HB0063_2: 17-5-205
HB0063_X(1): 17-5-205
HB0063_X(2): 17-5-205
HB0063_X(3): 17-5-205
HB0063_X: 17-5-205