This bill amends existing laws to establish a statutory appropriation for reinsurance association member assessments in Montana. Specifically, it revises Section 17-7-502 to include the reinsurance program account under the list of statutory appropriations, thereby allowing the commissioner to access funds without requiring a biennial legislative appropriation. The bill also amends Section 33-22-1321 to clarify that the money in the reinsurance program account is statutorily appropriated to the commissioner for the program's administration, operation, and claims expenses.

Additionally, the bill includes a provision that if both this act and House Bill No. 2 are passed, the appropriations for the reinsurance association member assessments in House Bill No. 2 will be void. The act is set to take effect immediately upon passage and approval, with a termination date of June 30, 2031.

Statutes affected:
LC Text: 17-7-502, 33-22-1321
HB0281_1(1): 17-7-502, 33-22-1321
HB0281_1(2): 17-7-502, 33-22-1321
HB0281_1(3): 17-7-502, 33-22-1321
HB0281_1(4): 17-7-502, 33-22-1321
HB0281_1(5): 17-7-502, 33-22-1321
HB0281_1(6): 17-7-502, 33-22-1321
HB0281_1(7): 17-7-502, 33-22-1321
HB0281_1: 17-7-502, 33-22-1321
HB0281_2(1): 17-7-502, 33-22-1321
HB0281_2(10): 17-7-502, 33-22-1321
HB0281_2(11): 17-7-502, 33-22-1321
HB0281_2(12): 17-7-502, 33-22-1321
HB0281_2(2): 17-7-502, 33-22-1321
HB0281_2(3): 17-7-502, 33-22-1321
HB0281_2(4): 17-7-502, 33-22-1321
HB0281_2(5): 17-7-502, 33-22-1321
HB0281_2(6): 17-7-502, 33-22-1321
HB0281_2(7): 17-7-502, 33-22-1321
HB0281_2(8): 17-7-502, 33-22-1321
HB0281_2(9): 17-7-502, 33-22-1321
HB0281_2: 17-7-502, 33-22-1321
HB0281_X(1): 17-7-502, 33-22-1321
HB0281_X(2): 17-7-502, 33-22-1321
HB0281_X(3): 17-7-502, 33-22-1321
HB0281_X(4): 17-7-502, 33-22-1321
HB0281_X: 17-7-502, 33-22-1321