Senate Bill No. introduced by D. Zolnikov aims to revise state policy laws regarding airline travel credits. The bill prohibits expiration dates on these credits, ensuring they remain valid until redeemed. It establishes that the value of the travel credit belongs to the possessor, not the issuer, and allows for cash redemption if the remaining value is less than $5. Additionally, the bill limits fees associated with travel credits, including dormancy fees, and mandates a $1 fee on airline tickets purchased for travel to or from Montana, with proceeds directed to combat human trafficking.

The bill also amends Section 30-14-102 of the Montana Code Annotated to include a new definition for "travel credit," specifying it as a form of credit issued by airlines for future flights or services. The legislation includes provisions for reporting requirements and establishes an immediate effective date, with retroactive applicability for travel credits issued on or after January 1, 2025. Overall, the bill seeks to enhance consumer protections related to airline travel credits and ensure transparency in their management.

Statutes affected:
LC Text: 30-14-102
SB0553_1(1): 30-14-102
SB0553_1: 30-14-102