Vote Smart's Synopsis:

Vote to pass a bill that amends and combines 2 existing tools to facilitate the sale of state trust lands to developers in Montana.

Highlights:

• Amends and combines 2 existing tools to facilitate the sale of state trust lands to developers in Montana (Sec. 1-9).

• Authorizes developers to initiate the subdivision and platting process as property lessee and establish a framework for the later sale of individual home sites through the land banking program (Sec. 1-9).

• Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 10).

Full Bill Text