This bill amends Section 5-4-208 of the Montana Code Annotated (MCA) to revise the requirements for reporting actual costs associated with legislation that has projected fiscal impacts. The key changes include modifying the reporting frequency from annual to biannual, requiring reports to be submitted every February and October instead of just once a year by October 1. The reports will now include actual expenditures incurred during the first two quarters and the last two quarters of the preceding fiscal year, along with a comparison to the projected costs outlined in the fiscal note for the same periods. Additionally, the bill specifies that reports must be provided in an electronic format and submitted to the legislature as per existing regulations.

Furthermore, the bill repeals a termination date that was previously set for December 31, 2025, and also repeals Section 6 of Chapter 350 from the Laws of 2021. The effective date for this act is set for June 30, 2025. Overall, the bill aims to enhance transparency and accountability in the reporting of fiscal impacts related to legislation by ensuring more frequent and detailed reporting.

Statutes affected:
LC Text: 5-4-208
HB0228_1(1): 5-4-208
HB0228_1(2): 5-4-208
HB0228_1(3): 5-4-208
HB0228_1(4): 5-4-208
HB0228_1(5): 5-4-208
HB0228_1(6): 5-4-208
HB0228_1: 5-4-208
HB0228_3(1): 5-4-208
HB0228_3(2): 5-4-208
HB0228_3(3): 5-4-208
HB0228_3(4): 5-4-208
HB0228_3(5): 5-4-208
HB0228_3(6): 5-4-208
HB0228_3(7): 5-4-208
HB0228_3: 5-4-208
HB0228_X(1): 5-4-208
HB0228_X(10): 5-4-208
HB0228_X(11): 5-4-208
HB0228_X(12): 5-4-208
HB0228_X(13): 5-4-208
HB0228_X(14): 5-4-208
HB0228_X(15): 5-4-208
HB0228_X(16): 5-4-208
HB0228_X(17): 5-4-208
HB0228_X(18): 5-4-208
HB0228_X(19): 5-4-208
HB0228_X(2): 5-4-208
HB0228_X(20): 5-4-208
HB0228_X(21): 5-4-208
HB0228_X(22): 5-4-208
HB0228_X(23): 5-4-208
HB0228_X(24): 5-4-208
HB0228_X(3): 5-4-208
HB0228_X(4): 5-4-208
HB0228_X(5): 5-4-208
HB0228_X(6): 5-4-208
HB0228_X(7): 5-4-208
HB0228_X(8): 5-4-208
HB0228_X(9): 5-4-208
HB0228_X: 5-4-208