The proposed bill, titled the "Inflation Protection Act of 2025," establishes a state special revenue account dedicated to investing in precious metals and digital assets, as determined by the Board of Investments. It includes definitions for key terms such as "digital asset," "exchange-traded product," "precious metal," "qualified custodian," and "stablecoin." The account will be funded through legislative transfers, and any investment proceeds will remain within the account. The Board of Investments is authorized to invest in precious metals, digital assets with a market capitalization exceeding $750 billion, and stablecoins, with the requirement that these funds be held by a qualified custodian or through an exchange-traded fund.

Additionally, the bill mandates that by July 15, 2025, the state treasurer will transfer up to $50 million from the general fund to the newly created account. The act is set to take effect on July 1, 2025, and is intended to be codified as part of Title 17, chapter 1 of the Montana Code Annotated.