Montana legislation · 2025 Regular Session
Montana HB864: Authorize transfers and other necessary measure to implement HB 2 section E
Status: Signed into law, May 19, 2025
What the bill says
An act implementing the provisions of house bill no. 2; expanding use of the school facility and technology account; revising definitions; providing for transfers to and from the community college fte adjustment account; increasing the resident nonbeneficiary student payment for tribal colleges; providing for a study by the education interim budget committee of interlibrary resource sharing programs and the structure and organization of the office of public instruction; amending sections 20-9-516, 20-15-310, 20-15-328, and 20-25-428, mca; and providing an effective date and a termination date.
From the engrossed text:
AN ACT IMPLEMENTING THE PROVISIONS OF HOUSE BILL NO. 2; EXPANDING USE OF THE SCHOOL FACILITY AND TECHNOLOGY ACCOUNT; REVISING DEFINITIONS; PROVIDING FOR TRANSFERS TO AND FROM THE COMMUNITY COLLEGE FTE ADJUSTMENT ACCOUNT; INCREASING THE RESIDENT NONBENEFICIARY STUDENT PAYMENT FOR TRIBAL COLLEGES; PROVIDING FOR A STUDY BY THE EDUCATION INTERIM BUDGET COMMITTEE OF INTERLIBRARY RESOURCE SHARING PROGRAMS AND THE STRUCTURE AND ORGANIZATION OF THE OFFICE OF PUBLIC INSTRUCTION; AMENDING SECTIONS 20-9-516, 20-15-310, 20-15-328, AND 20-25-428, MCA; AND PROVIDING AN EFFECTIVE DATE AND A TERMINATION DATE. Section 1. Section 20-9-516, MCA, is amended to read: "20-9-516. School facility and technology account. (1) There is a school facility and technology account in the state special revenue fund provided for in 17-2-102. The purpose of the account is to provide, contingent on appropriation from the legislature, funding for the following in priority and (b) state debt service assistance as provided in 20-9-371. (2) There must be deposited in the account: (a) an amount of money equal to the income attributable to the difference between the average sale value of 18 million board feet and the total income produced from the annual timber harvest on common school trust lands during the fiscal year; and (b) the income received from certain lands and riverbeds as provided in 17-3-1003(5). (3) If in any fiscal year the …