Montana legislation · 2025 Regular Session
Montana HB256: Creation of Montana water trust and special revenue accounts
Status: Failed, May 20, 2025
What the bill says
A bill for an act entitled: "an act creating the montana water development state special revenue account; allowing for authorized expenditures related to water developments; providing for fund transfers; amending sections 15-38-302 and 85-1-631, mca; and providing an immediate effective date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT CREATING THE MONTANA WATER DEVELOPMENT STATE SPECIAL REVENUE ACCOUNT; ALLOWING FOR AUTHORIZED EXPENDITURES RELATED TO WATER DEVELOPMENTS; PROVIDING FOR FUND TRANSFERS; AMENDING SECTIONS 15-38-302 AND 85-1-631, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: NEW SECTION. Section 1. Montana water development state special revenue account. (1) (a) There is a Montana water development state special revenue fund as provided for in 17-2-102. (b) The fund retains its own interest. (c) The account is composed of revenue gifted to the state or transferred to the account by the legislature and interest generated by the account. (2) Ninety percent of the earnings from the investment must be distributed to the water storage state special revenue account established in 85-1-631. Ten percent of the earnings from the investment must be distributed to the natural resources projects state special revenue account established in 15-38-302 to be used for water storage pilot projects and dam inspections required under 85-15-213. Section 2. Section 15-38-302, MCA, is amended to read: "15-38-302. Natural resources projects state special revenue account created -- revenue allocated -- limitations on appropriations from account. (1) There is a natural resources projects state special revenue account within the state special revenue fund established in 17-2-102. (2) …
Sponsors
- Walsh, Ken (R, 69) · primary sponsor
Latest actions
- : (H) Died in Process
- : Chapter Number Assigned
- : (H) Transmitted to Governor
- : (S) Signed by President
- : (H) Signed by Speaker
- : (H) Returned from Enrolling
- : (H) Sent to Enrolling
- : (S) 3rd Reading Concurred
- : (S) Scheduled for 3rd Reading
- : (S) 2nd Reading Concurred
Votes
- Do Pass (February 6, 2025): 87 yea, 12 nay, passed
Subjects: Water, Appropriations, State Finance, Money Transfer
Common questions
- What is HB256?
- HB256 is a bill in the Montana Legislature (2025 Regular Session): Creation of Montana water trust and special revenue accounts.
- What does HB256 do?
- In its own words: A bill for an act entitled: "an act creating the montana water development state special revenue account; allowing for authorized expenditures related to water developments; providing for fund transfers; amending sections 15-38-302 and 85-1-631, mca; and providing an immediate effective date.".
- What is the status of HB256?
- Failed as of May 20, 2025. Latest action: (H) Died in Process (May 20, 2025).
- Who sponsored HB256?
- Walsh, Ken (R, 69).
- Where is the official record for HB256?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC2024
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.