Montana HB941 would transfer interest earnings from American Rescue Plan Act funds into the coal endowment fund.
Montana HB941 revises state finance laws to direct the state treasurer to transfer all interest earnings from American Rescue Plan Act funds into the Montana 2025 coal endowment regional water system fund. The bill also includes an appropriation of $100 from the general fund to the department of revenue for implementing the act. The transfer must occur within 10 days of the act's effective date.
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