The bill proposes to allow deposits in the Rangeland Improvement Loan Special Revenue Account to be placed in short-term investments, with the earnings from these investments being deposited back into the account. This change aims to enhance the financial management of the account by generating additional revenue through investment earnings.

Additionally, the bill amends Section 76-14-112 of the Montana Code Annotated (MCA) to reflect this new provision regarding the investment of funds. The specific legal language that is being inserted into the current law is not detailed in the summary, but the overall intent is to improve the financial sustainability of the Rangeland Improvement Loan program.

Statutes affected:
SB0217_1.pdf: 76-14-112
Introduced: 76-14-112