Montana Code 44-1-504. Special revenue account to partially fund highway patrol officers’ salaries
44-1-504. (Temporary) Special revenue account to partially fund highway patrol officers’ salaries. (1) There is an account in the state special revenue fund provided for in 17-2-102.
Terms Used In Montana Code 44-1-504
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- 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 money in the account is for the department of justice to fund, pursuant to 2-18-303(5):
(a)the base salary and associated operating costs for highway patrol officer positions; and
(b)biennial salary increases for highway patrol officers.
(3)(a) By August 15, 2021, the state treasurer shall transfer $4 million from the account to the highway patrol officers’ retirement pension trust fund.
(b)By August 15, 2022, the state treasurer shall transfer $2 million from the account to the highway patrol officers’ retirement pension trust fund.
(4)Starting July 1, 2023, and in each fiscal year thereafter, the state treasurer shall transfer $500,000 from the account to the highway patrol officers’ retirement pension trust fund by August 15. (Terminates on occurrence of contingency–sec. 3, Ch. 472, L. 2021.)