SB1147 is a bill that proposes to appropriate $250,000 from the state General Fund to the Livestock Compensation Fund for the fiscal year 2025. The Livestock Compensation Fund is used to compensate landowners, lessees, and livestock operators for wolf depredation on livestock, participation in a pay-for-presence program, and implementing measures to prevent wolf depredation.

The bill specifies that the appropriated funds are to be used in accordance with the existing provisions of the Livestock Compensation Fund, which is administered by the Livestock Loss Board. The funds are continuously appropriated and do not revert to the state General Fund at the end of the fiscal year. The bill is set to become effective on the general effective date.