SB104

Montana SB104 expands access to low-cost capital for eligible projects and entities, including 501(c)(3) organizations, and increases the bond.

Montana SB104 expands access to low-cost capital for eligible projects and entities, including 501(c)(3) organizations. The bill increases the bond issuance cap for the Montana Facility Finance Authority to $1.5 billion, with a 3% biennial inflationary adjustment starting July 1, 2027. It also amends the definition of eligible facilities to include various public-benefit facilities such as health care, educational, and energy generation facilities.