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 The legislation also revises statutes governing the state school technology payment and removes outdated language regarding the natural resource development payment, allowing it to support major maintenance aid and debt service assistance.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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
0
Committee
0
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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