Montana Code 15-1-142. Montana surplus rebate account
15-1-142. (Temporary) Montana surplus rebate account. (1) There is a Montana surplus rebate account in the state special revenue fund provided for in 17-2-102.
Terms Used In Montana Code 15-1-142
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(2)The state treasurer shall transfer $480 million from the general fund to the account by July 1, 2023.
(3)Money in the account must be used for individual income tax rebates provided for in 15-30-2191 and associated administrative costs.
(4)The amount provided for in subsection (3) is statutorily appropriated, as provided in 17-7-502, to the department of revenue.
(5)The state treasurer shall transfer to the general fund money remaining in the account after June 30, 2025. (Terminates December 31, 2025–sec. 9, Ch. 44, L. 2023.)