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MT SB343

Bill

Status

Failed

5/23/2025

Primary Sponsor

Dave Fern

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Redirects remaining coal severance tax revenue from the state general fund to the Coal Severance Tax Permanent Fund (constitutional trust fund) starting July 1, 2027

  • Maintains existing allocation structure: 50% to constitutional trust fund, 12% to major repair long-range building program, and smaller percentages to library services, conservation districts, parks, arts, and other programs

  • Ends statutory appropriations from coal severance tax permanent fund interest income to Department of Agriculture and Department of Commerce programs on July 1, 2027

  • Preserves the annual $250,000 allocation to the coal and uranium mine permitting and reclamation program account

Legislative Description

Revert revenue from coal tax to coal trust

Appropriations

Last Action

(H) Died in Standing Committee

5/23/2025

Committee Referrals

Taxation4/4/2025
Finance and Claims3/25/2025
Taxation2/19/2025

Full Bill Text

No bill text available