The bill amends Section 80-7-811 of the Montana Code Annotated to enhance the management of the Noxious Weed Management Trust Fund. It establishes that any funds transferred or deposited into the trust fund will be considered part of the trust corpus. Additionally, it mandates that one-quarter of the interest and income generated by the trust fund must remain within the fund itself. This amendment aims to ensure the sustainability and growth of the trust fund, which is crucial for managing noxious weeds in the state.

Furthermore, the bill requires the state treasurer to transfer $10 million from the general fund to the Noxious Weed Management Trust Fund by June 30, 2025. This transfer is in accordance with Article IX, section 6 of the Montana Constitution, which establishes the trust fund. The bill is set to take effect immediately upon passage and approval, reflecting the urgency of addressing noxious weed management in Montana.

Statutes affected:
SB0167_2(1): 80-7-811
SB0167_2(2): 80-7-811
SB0167_2(3): 80-7-811
SB0167_2: 80-7-811
SB0167_X(1): 80-7-811
SB0167_X(2): 80-7-811
SB0167_X(3): 80-7-811
SB0167_X(4): 80-7-811
SB0167_X(5): 80-7-811
SB0167_X: 80-7-811