SB159

Establish subtrust within the coal trust to increase educational tax credits

Failed·5/23/25
Introduced Text

Montana SB159 revises state finance laws related to the coal severance tax trust fund and educational tax credits.

Montana SB159 revises state finance laws related to the coal severance tax trust fund and educational tax credits. It establishes an educational opportunity fund within the coal severance tax trust fund and utilizes a portion of the earnings from the fund to increase the aggregate limits for educational tax credits. The bill also provides for a funds transfer, removes the sunset from the educational tax credit programs, and amends various sections of the Montana Code Annotated.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

Roll Call Votes

12 Yea

DDDDDRDRDRDR

10 Nay

RRRRRRRRRR

Calendar

Feb 11, 2025

2:00 PM

Senate Finance and Claims Hearing

Jan 28, 2025

3:00 PM

Senate Education and Cultural Resources Hearing

History

May 23, 2025

Senate

(S) Died in Process

Apr 9, 2025

Senate

(S) Missed Deadline for Appropriation Bill Transmittal

Feb 12, 2025

Senate

(S) Tabled in Committee (S) Finance and Claims