Creation of Montana water trust and special revenue accounts
This bill creates a new Montana Water Development State Special Revenue Account to fund water storage projects and dam safety initiatives. It establishes a mechanism where 90% of investment earnings from the new account go to an existing water storage fund, while 10% goes to a natural resources projects fund for pilot projects and dam inspections. The legislation also directs the state treasurer to transfer $50 million from the general fund to the new account in 2025 and another $50 million in 2026. These changes affect state budget allocations and provide dedicated funding sources for water infrastructure development and maintenance.
Bill status
introduced
1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 27, 2024
Last action Jan 10, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
0
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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