This bill establishes priorities for cultural and aesthetic project grant awards in Montana, appropriating a total of $953,500 from the cultural and aesthetic projects trust fund account for the biennium ending June 30, 2027. The Montana Arts Council is tasked with awarding grants for various projects, with specific amounts allocated to different organizations, including the Billings Preservation Society and the Great Falls Public Library, among others. Additionally, $30,000 is appropriated to the Montana Historical Society for the care and conservation of Capitol complex artwork. The bill mandates that grant recipients must acknowledge support from the coal tax in their promotional materials.

Furthermore, the bill includes provisions for the reversion of unencumbered grant balances back to the trust fund account on July 1, 2027, and outlines that if the trust fund account is insufficient to meet the appropriation levels, reductions will be made on a pro rata basis for projects exceeding $2,000 in funding. The effective date for this act is set for July 1, 2025.