LC 1376 Legislature · 2025 Regular Session

Generally revise laws relating to school facilities consolidating two existing state special revenue accounts

This bill consolidates two existing Montana state special revenue accounts related to school facilities funding and adjusts how coal severance tax money is distributed among various funds. It increases the amount of state aid available for major school maintenance projects without raising property taxes and updates rules for how earnings from these funds are transferred to support education and conservation programs. The legislation also revises statutes governing the state school technology payment and removes outdated language regarding the natural resource development payment, allowing it to support major maintenance aid and debt service assistance. These changes aim to streamline funding mechanisms and prioritize school facility programs while maintaining financial oversight through quarterly and monthly transfer schedules.
Bill status introduced 1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 14, 2024 Last action Feb 13, 2025
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