House Bill No. [insert number] proposes the appropriation of funds from the Montana Coal Endowment Special Revenue Account to support various infrastructure projects, emergency grants for local governments, and infrastructure planning grants. Specifically, it allocates $20,287,391 to the Department of Commerce for the Montana coal endowment program grants, with a detailed list of priority projects and their respective funding amounts. Additionally, the bill includes provisions for emergency grants totaling $150,000 and infrastructure planning grants amounting to $1,500,000. It also appropriates $10 million from the Montana Coal Endowment Regional Water System Special Revenue Account to the Department of Natural Resources and Conservation for regional water system projects.
The bill outlines specific conditions for grant disbursement, including the requirement for grant recipients to document matching funds, have an approved project management plan, and comply with auditing and reporting standards. It also establishes a timeline for project completion and stipulates that any projects not meeting the conditions by September 1, 2026, will be reviewed by the next legislature. Furthermore, the bill mandates that the Secretary of State notify each federally recognized tribal government in Montana about the act, which is set to take effect on July 1, 2025.