The bill amends Section 20-9-638 of the Montana Code Annotated to revise school funding laws by removing outdated contingency language related to the closure of coal-fired generating units.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 of block grant payments 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 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 revisions streamline the funding process by ensuring that the block grant amounts are allocated to school districts without the previously mandated repayment conditions tied to the closure dates of the generating units. This change aims to provide more stability and predictability in school funding for districts impacted by the retirement of coal-fired power sources, thereby supporting their financial planning and operations.

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: 20-9-638