The bill amends Section 20-9-638 of the Montana Code Annotated to revise school funding laws by removing outdated contingency language related to the closure of coal-fired generating units. Specifically, it eliminates provisions that required repayment to the state general fund based on the timing of the closure of these units, which were set to retire on or before July 1, 2022. The previous requirements for repayment percentages based on the fiscal year of closure have been completely deleted from the law.

The bill maintains the structure of the coal-fired generating unit closure mitigation block grant, which provides funding to school districts affected by the retirement of qualifying coal-fired generating units. The grant is allocated based on the taxable valuation of the districts and is intended to support their general fund budgets. The changes aim to streamline the funding process and remove unnecessary complexities related to expired conditions, ensuring that school districts can continue to receive support without the burden of repayment obligations tied to the closure of coal facilities.

Statutes affected:
LC Text: 20-9-638
SB0036_1(1): 20-9-638
SB0036_1(10): 20-9-638
SB0036_1(2): 20-9-638
SB0036_1(3): 20-9-638
SB0036_1(4): 20-9-638
SB0036_1(5): 20-9-638
SB0036_1(6): 20-9-638
SB0036_1(7): 20-9-638
SB0036_1(8): 20-9-638
SB0036_1(9): 20-9-638
SB0036_1: 20-9-638
SB0036_X(1): 20-9-638
SB0036_X(2): 20-9-638
SB0036_X(3): 20-9-638
SB0036_X(4): 20-9-638
SB0036_X(5): 20-9-638
SB0036_X: 20-9-638