House Bill No. [insert number] proposes the appropriation of funds typically allocated through budget amendments to various state agencies for the fiscal year ending June 30, 2025, with certain appropriations extending into the state and federal fiscal years 2026 and 2027. The bill introduces new provisions regarding the transfer of funds and establishes time limits for appropriations, ensuring that any unspent balances revert to their original funds at the end of the designated fiscal years. Key insertions include funding for the Montana Community Justice Workers, Montana Justice Institute, and various environmental quality and wildlife management programs, as well as the continuation of federal budget amendment authority into subsequent fiscal years for programs related to education, public safety, and environmental conservation.
Additionally, the bill outlines the transfer of funds from the interest earnings on the American Rescue Plan Act of 2021, mandating the State Treasurer to make specific transfers totaling $4,223,552 to various accounts within 10 days of the act's effective date. This includes allocations for natural resources, water and wastewater projects, and irrigation projects, with the remainder directed to the Capital Developments Long-Range Building Program Account. The bill also stipulates that all interest earnings from these funds will be deposited into the Capital Developments account quarterly until December 30, 2026, by which time all American Rescue Plan Act funds must be expended or returned to the federal government. The act will take effect immediately upon passage.