The bill establishes the Montana State Reference Network Enterprise Fund and grants the Montana State Library the authority to administer the State Reference Network. This initiative aims to enhance access to reference materials and resources across the state, thereby improving library services and information dissemination to the public.

Additionally, the bill includes provisions for rulemaking authority, allowing the Montana State Library to create regulations necessary for the effective operation of the State Reference Network. The legislation is set to take effect upon passage, ensuring timely implementation of the new fund and administrative responsibilities.