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WeVote Research Nonpartisan
Bill Summary · SB 9

Legislative bill overview

SB 9 modifies Montana state agency cash deposit requirements, allowing deposits to occur on a biweekly basis rather than the previous more frequent schedule. This represents a change to administrative procedures governing how state agencies handle collected revenues and receipts.

Why is this important

Cash deposit frequency affects agency operational efficiency, banking costs, and financial management practices. The change could reduce administrative burden on agencies managing multiple collection points while potentially affecting the state's cash flow management and accounting cycles.

Potential points of contention

  • Cash flow timing: Less frequent deposits may delay state revenue availability, potentially impacting budget forecasting and short-term cash management
  • Security and loss exposure: Larger cash accumulations between deposits create increased risk of loss, theft, or accounting errors
  • Agency variation: Different agencies may have different deposit needs; a uniform biweekly requirement may not fit all operational contexts equally

Compiled from official sources — confirm details with the bill’s official record.

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