Montana legislation · 2025 Regular Session
Montana HB926: Revise state finance laws related to the debt free account and the coal trust fund
Status: Failed, May 20, 2025
What the bill says
A bill for an act entitled: "an act providing for a transfer of funds from the debt and liability free account; providing an appropriation; and providing an immediate effective date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT PROVIDING FOR A TRANSFER OF FUNDS FROM THE DEBT AND LIABILITY FREE ACCOUNT; PROVIDING AN APPROPRIATION; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: NEW SECTION. Section 1. Transfer of interest earnings from debt and liability free account. By [10 days after the effective date of this act], the state treasurer shall transfer all unobligated and unexpended funds from the debt and liability free account established in 17-6-214 into the coal severance tax permanent fund established in 17-5-703 pursuant to Article IX, section 5, of the Montana constitution. NEW SECTION. Section 2. Appropriation. There is appropriated $100 from the general fund to the department of revenue for the biennium beginning July 1, 2025, for the purposes of implementing [this act]. COORDINATION SECTION. Section 3. Coordination instruction. If [this act] is passed and approved and Senate Bill No. 90 is not passed and approved, then [section 1 of this act] must be amended as follows: "NEW SECTION. Section 1. Transfer of interest earnings from debt and liability free account. By [10 days after the effective date of this act], the state treasurer shall transfer all unobligated and unexpended funds in the debt and liability free account established in 17-6-214 into the Montana school facilities …
Sponsors
- Schillinger, Jerry (R, 34) · primary sponsor
Latest actions
- : (H) Died in Process
- : (H) Missed Deadline for Appropriation Bill Transmittal
- : (H) Fiscal Note Printed
- : (H) Fiscal Note Signed
- : (H) Fiscal Note Received
- : (H) Tabled in Committee
- : (H) Hearing
- : (H) 1st Reading
- : (H) Referred to Committee
- : (H) Fiscal Note Requested
Subjects: Appropriations, State Finance
Common questions
- What is HB926?
- HB926 is a bill in the Montana Legislature (2025 Regular Session): Revise state finance laws related to the debt free account and the coal trust fund.
- What does HB926 do?
- In its own words: A bill for an act entitled: "an act providing for a transfer of funds from the debt and liability free account; providing an appropriation; and providing an immediate effective date.".
- What is the status of HB926?
- Failed as of May 20, 2025. Latest action: (H) Died in Process (May 20, 2025).
- Who sponsored HB926?
- Schillinger, Jerry (R, 34).
- Where is the official record for HB926?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC4457
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.