Authorize transfers and other necessary measure to implement HB 2 section E
This bill (LC 958) authorizes a specific transfer of funds between two state education accounts to prevent funding cuts for public schools. It directs the state treasurer to move excess money from the School Facility and Technology Account to the School Major Maintenance Aid Account if the first account has sufficient funds to cover debt service without proration (funding cuts) and transferring funds would avoid proration in the second account. This directly affects Montana public schools that rely on these state funding streams for facility maintenance and technology. The provision ensures schools receive full funding by strategically reallocating existing resources within the state budget structure.
Bill status
introduced
1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 8, 2024
Last action Mar 25, 2025
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0 primary · 0 co-sponsors
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