This bill appropriates funds from the Montana Coal Endowment Special Revenue Account to the Department of Commerce for various purposes, including infrastructure projects, emergency grants for local governments, and infrastructure planning grants. It also authorizes grants from the same account while placing specific conditions on these grants and the associated funds. Additionally, the bill allocates money from the Montana Coal Endowment Regional Water System Special Revenue Account to the Department of Natural Resources and Conservation to provide financial assistance to regional water authorities for regional water system projects.
The bill aims to enhance infrastructure development and support local governments in Montana through targeted financial assistance. By establishing these appropriations and grant conditions, the legislation seeks to ensure effective use of the funds for community and regional improvements, particularly in water system projects. The bill will take effect upon passage.