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MT HB926
Bill
Status
Failed
5/20/2025
Primary Sponsor
Jerry Schillinger
Click for details
AI Summary
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Requires the state treasurer to transfer all unobligated and unexpended funds from the debt and liability free account to the coal severance tax permanent fund within 10 days of the act's effective date
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Appropriates $100 from the general fund to the Department of Revenue for the 2025 biennium to implement the transfer
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If Senate Bill No. 90 is not passed and approved, the funds would instead be transferred to the Montana school facilities fund rather than the coal severance tax permanent fund
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Takes effect immediately upon passage and approval by the legislature
Legislative Description
Revise state finance laws related to the debt free account and the coal trust fund
Appropriations
Last Action
(H) Died in Process
5/20/2025
Committee Referrals
Taxation3/29/2025
Full Bill Text
No bill text available