Montana legislation · 2025 Regular Session
Montana SB171: Transfer a portion of ending fund balance into the coal trust fund
Status: Failed, May 23, 2025
What the bill says
A bill for an act entitled: "an act providing for a biennial transfer of excess funds into the montana coal severance tax permanent fund; amending section 17-7-130, mca; and providing an effective date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT PROVIDING FOR A BIENNIAL TRANSFER OF EXCESS FUNDS INTO THE MONTANA COAL SEVERANCE TAX PERMANENT FUND; AMENDING SECTION 17-7-130, MCA; AND PROVIDING AN EFFECTIVE DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: Section 1. Section 17-7-130, MCA, is amended to read: "17-7-130. Budget stabilization reserve fund -- rules for deposits and transfers -- purpose. (1) There is an account in the state special revenue fund established by 17-2-102 known as the budget stabilization reserve fund. (2) The purpose of the budget stabilization reserve fund is to mitigate budget reductions when there is a revenue shortfall. (3) Except as provided in subsection (4), by August 15 following the end of each fiscal year, an amount equal to the balance of unexpended and unencumbered general fund money appropriated in excess of 0.5% of the total general fund money appropriated for that fiscal year must be transferred by the state treasurer from the general fund to the budget stabilization reserve fund. General fund appropriations that continue from a fiscal year to the next fiscal year and any general fund appropriations made pursuant to 10-3-310 or 10-3-312 are excluded from the calculation. (4) The provisions of subsection (3) do not apply in a fiscal year in which reductions required by 17-7-140 occur …
Sponsors
- Fern, Dave (D, 2) · primary sponsor
Latest actions
- : (H) Died in Committee
- : (H) Tabled in Committee
- : (H) Hearing
- : (H) 1st Reading
- : (H) Referred to Committee
- : (S) Transmitted to House
- : (S) 3rd Reading
- : (S) Scheduled for 3rd Reading
- : (S) 2nd Reading
- : (S) Scheduled for 2nd Reading
Votes
- Do Pass (February 11, 2025): 32 yea, 18 nay, passed
- Do Pass (February 10, 2025): 27 yea, 22 nay, passed
Subjects: State Finance
Common questions
- What is SB171?
- SB171 is a bill in the Montana Legislature (2025 Regular Session): Transfer a portion of ending fund balance into the coal trust fund.
- What does SB171 do?
- In its own words: A bill for an act entitled: "an act providing for a biennial transfer of excess funds into the montana coal severance tax permanent fund; amending section 17-7-130, mca; and providing an effective date.".
- What is the status of SB171?
- Failed as of May 23, 2025. Latest action: (H) Died in Committee (May 23, 2025).
- Who sponsored SB171?
- Fern, Dave (D, 2).
- Where is the official record for SB171?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC4312
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.