Montana legislation · 2025 Regular Session
Montana HB615: Revise allocations of coal trust revenue
Status: Failed, May 20, 2025
What the bill says
A bill for an act entitled: "an act revising distributions and allocations of interest from the coal severance tax permanent fund; appropriating a portion of interest to highway-related accounts; extending termination dates for appropriations from the interest from the coal severance tax permanent fund; amending section 15-35108, mca; amending section 6, chapter 481, laws of 2003, section 3, chapter 459, laws of 2009, and sections 13, 15, and 18, chapter 343, laws of 2019; and providing an effective date.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT REVISING DISTRIBUTIONS AND ALLOCATIONS OF INTEREST FROM THE COAL SEVERANCE TAX PERMANENT FUND; APPROPRIATING A PORTION OF INTEREST TO HIGHWAY-RELATED ACCOUNTS; EXTENDING TERMINATION DATES FOR APPROPRIATIONS FROM THE INTEREST FROM THE COAL SEVERANCE TAX PERMANENT FUND; AMENDING SECTION 15-35108, MCA; AMENDING SECTION 6, CHAPTER 481, LAWS OF 2003, SECTION 3, CHAPTER 459, LAWS OF 2009, AND SECTIONS 13, 15, AND 18, CHAPTER 343, LAWS OF 2019; AND PROVIDING AN EFFECTIVE DATE." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: Section 1. Section 15-35-108, MCA, is amended to read: "15-35-108. (Temporary) Disposal of severance taxes. Severance taxes collected under this chapter must, in accordance with the provisions of 17-2-124, be allocated as follows: (1) Fifty percent of total coal severance tax collections is allocated to the trust fund created by Article IX, section 5, of the Montana constitution. The trust fund money must be deposited in the fund established under 17-6-203(6) and invested by the board of investments as provided by law. (2) The amount of 12% of coal severance tax collections is allocated to the major repair long-range building program account established in 17-7-221. (3) The amount of 0.90% in fiscal year 2020 and 0.93% in fiscal year 2021 and in each fiscal year thereafter must be allocated for …
Sponsors
- Schillinger, Jerry (R, 34) · primary sponsor
Latest actions
- : (H) Died in Process
- : (H) Missed Deadline for Appropriation Bill Transmittal
- : (H) Tabled in Committee
- : (H) Fiscal Note Printed
- : (H) Fiscal Note Signed
- : (H) Fiscal Note Received
- : (H) Hearing
- : (H) 1st Reading
- : (H) Referred to Committee
- : (H) Fiscal Note Requested
Subjects: Law Enforcement, Taxation--Coal, Appropriations, State Finance, Highways and Roads
Common questions
- What is HB615?
- HB615 is a bill in the Montana Legislature (2025 Regular Session): Revise allocations of coal trust revenue.
- What does HB615 do?
- In its own words: A bill for an act entitled: "an act revising distributions and allocations of interest from the coal severance tax permanent fund; appropriating a portion of interest to highway-related accounts; extending termination dates for appropriations from the interest from the coal severance tax permanent fund; amending section 15-35108, mca; amending section 6, chapter 481, laws of 2003, section 3, chapter 459, laws of 2009, and sections 13, 15, and 18, chapter 343, laws of 2019; and providing an effective date.".
- What is the status of HB615?
- Failed as of May 20, 2025. Latest action: (H) Died in Process (May 20, 2025).
- Who sponsored HB615?
- Schillinger, Jerry (R, 34).
- Where is the official record for HB615?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC4211
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.