---
type: "Bill"
title: "Revise the Montana Building and Loan Associations Act."
description: "Revise the Montana Building and Loan Associations Act."
jurisdiction: "us/states/mt"
legislature: "Montana Legislature"
session: "2021"
identifier: "SB 308"
citation: "Montana SB 308 (2021)"
classification: ["bill"]
subjects: ["Credit Transactions (see also: Financial Institutions)", "Financial Institutions (see also: Credit Transactions)", "Revenue", "State", "Rule Making"]
status: "enacted"
primary_sponsors: ["Jeffrey W Welborn"]
version_count: 3
action_count: 49
vote_count: 6
first_action: "2020-07-21"
last_action: "2021-05-07"
source: "openstates"
source_identifier: "ocd-bill/148e3789-d691-4409-b688-2fdb123dba3a"
source_url: "http://laws.leg.mt.gov/legprd/LAW0210W$BSIV.ActionQuery?P_BILL_NO1=308&P_BLTP_BILL_TYP_CD=SB&Z_ACTION=Find&P_SESS=20211"
source_hash: "1175a818857141d6db41ed7653e5828359741d80070ee7c826ef6281cc81de75"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-mt"]
---

# Montana SB 308 (2021) — Revise the Montana Building and Loan Associations Act.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **SB0308_1.pdf** (committee substitute) — [source](https://leg.mt.gov/bills/2021/SB0399//SB0308_1.pdf)
2. **SB0308_X.pdf** (committee substitute) — [source](https://leg.mt.gov/bills/2021/SB0399//SB0308_X.pdf)
3. **Enrolled** (enrolled) — [source](https://leg.mt.gov/bills/2021/billpdf/SB0308.pdf)

## Votes

- Do Pass — **50–0** (pass) · upper
- Do Pass — **50–0** (pass) · upper
- DO PASS — **10–0** (pass) · upper
- Do Concur — **95–3** (pass) · lower
- BE CONCURRED IN — **19–1** (pass) · lower
- Do Concur — **98–2** (pass) · lower

## Sponsors

- Jeffrey W Welborn — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-07-21** Draft Request Received
- **2021-01-20** Draft to Requester for Review
- **2021-01-21** Draft in Legal Review
- **2021-01-22** Draft in Edit
- **2021-02-05** Draft Back for Redo
- **2021-02-05** Draft in Edit
- **2021-02-12** Draft to Drafter - Edit Review
- **2021-02-16** Draft in Input/Proofing
- **2021-02-18** Draft in Final Drafter Review
- **2021-02-18** Bill Draft Text Available Electronically
- **2021-02-18** Executive Director Review
- **2021-02-18** Draft in Assembly
- **2021-02-18** Draft Ready for Delivery
- **2021-02-18** Executive Director Final Review
- **2021-02-18** Draft Ready for Delivery
- **2021-02-19** Draft Delivered to Requester
- **2021-02-19** Introduced `introduction`
- **2021-02-19** Introduced Bill Text Available Electronically
- **2021-02-19** Fiscal Note Requested
- **2021-02-19** First Reading `reading-1`
- **2021-02-19** Referred to Committee - (S) Business, Labor, and Economic Affairs `referral-committee`
- **2021-02-26** Fiscal Note Received
- **2021-02-27** Fiscal Note Printed
- **2021-03-09** Hearing - (S) Business, Labor, and Economic Affairs
- **2021-03-11** Committee Executive Action--Bill Passed - (S) Business, Labor, and Economic Affairs `committee-passage`
- **2021-03-11** Committee Report--Bill Passed - (S) Business, Labor, and Economic Affairs `committee-passage`
- **2021-03-15** Scheduled for 2nd Reading
- **2021-03-15** 2nd Reading Passed `reading-2`
- **2021-03-16** Scheduled for 3rd Reading
- **2021-03-16** 3rd Reading Passed `passage, reading-3`
- **2021-03-16** Transmitted to House
- **2021-03-18** Referred to Committee - (H) Business and Labor `referral-committee`
- **2021-03-18** First Reading `reading-1`
- **2021-03-30** Hearing - (H) Business and Labor
- **2021-03-31** Committee Executive Action--Bill Concurred - (H) Business and Labor
- **2021-03-31** Committee Report--Bill Concurred - (H) Business and Labor
- **2021-04-20** Scheduled for 2nd Reading
- **2021-04-20** 2nd Reading Concurred `reading-2`
- **2021-04-21** Scheduled for 3rd Reading
- **2021-04-21** 3rd Reading Concurred `passage, reading-3`
- **2021-04-21** Returned to Senate
- **2021-04-22** Sent to Enrolling
- **2021-04-26** Returned from Enrolling
- **2021-04-26** Printed - Enrolled Version Available
- **2021-04-28** Signed by President
- **2021-04-28** Signed by Speaker
- **2021-04-28** Transmitted to Governor `executive-receipt`
- **2021-05-07** Signed by Governor `executive-signature`
- **2021-05-07** Chapter Number Assigned `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/148e3789-d691-4409-b688-2fdb123dba3a`. Confidence: reported (aggregated from official Montana legislature records).