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MT HB926

Bill

Status

Failed

5/20/2025

Primary Sponsor

Jerry Schillinger

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • 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

  • Appropriates $100 from the general fund to the Department of Revenue for the 2025 biennium to implement the transfer

  • 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

  • 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