Montana SB9 allows state agencies to deposit cash biweekly instead of weekly.
Montana SB9 amends the state's cash deposit requirements, allowing state agencies to deposit cash biweekly if the accumulated amount of coin and currency does not exceed $200 and total collections do not exceed $750. Previously, deposits were required weekly. The bill also outlines a process for agencies to propose modified deposit schedules, which must be reviewed and approved by the Department of Administration and the Board of Investments. The bill is effective immediately upon passage and approval.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.