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. The bill also outlines that the state treasurer is required to transfer $10 million from the general fund to the trust fund by June 30, 2025.

This legislation aims to ensure the financial stability and growth of the Noxious Weed Management Trust Fund, which is crucial for managing noxious weeds in Montana. The bill is set to take effect immediately upon passage and approval, reflecting the urgency of addressing noxious weed management in the state.

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: 80-7-811