Montana legislation · 2025 Regular Session
Montana HB314: Create a state energy authority
Status: Chaptered, May 20, 2025
What the bill says
A bill for an act entitled: "an act generally revising laws related to the generation of energy and transmission of electricity; establishing a state energy authority; providing the authority with certain powers; requiring that state agencies cooperate with the authority; creating a special revenue account; statutorily appropriating money from the wholesale energy transaction tax to the authority to support its activities; providing definitions; establishing reporting requirements; providing a statutory appropriation; amending sections 15-72-106 and 17-7-502, mca…
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT GENERALLY REVISING LAWS RELATED TO THE GENERATION OF ENERGY AND TRANSMISSION OF ELECTRICITY; ESTABLISHING A STATE ENERGY AUTHORITY; PROVIDING THE AUTHORITY WITH CERTAIN POWERS; REQUIRING THAT STATE AGENCIES COOPERATE WITH THE AUTHORITY; CREATING A SPECIAL REVENUE ACCOUNT; STATUTORILY APPROPRIATING MONEY FROM THE WHOLESALE ENERGY TRANSACTION TAX TO THE AUTHORITY TO SUPPORT ITS ACTIVITIES; PROVIDING DEFINITIONS; ESTABLISHING REPORTING REQUIREMENTS; PROVIDING A STATUTORY APPROPRIATION; AMENDING SECTIONS 15-72-106 AND 17-7-502, MCA; AND PROVIDING AN EFFECTIVE DATE AND A TERMINATION DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: NEW SECTION. Section 1. Short title. [Sections 1 through 10 11] may be cited as the "Montana Energy Authority Act". NEW SECTION. Section 2. Purpose. The legislature finds and declares that: (1) Montana is endowed with significant and diverse energy resources. The development of Montana's energy resources is essential to a healthy state economy. (2) Montana's energy resources provide a tremendous opportunity to diversify the state's economy and to stabilize and increase revenue to the state; (3) energy generation and electric transmission constraints impede the development of the state's energy resources; (4) an essential function of government and its public purpose is to assist with the removal of energy generation and electric transmission impediments to facilitate the development of Montana's energy resources; - 1 …