Montana Code 23-2-112. Summer motorized recreation trail account
23-2-112. Summer motorized recreation trail account. (1) There is a summer motorized recreation trail account in the state special revenue fund established in 17-2-102.
Terms Used In Montana Code 23-2-112
- 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.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- 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 following must be deposited in the account:
(a)pursuant to 23-2-111, revenue collected from the sale of summer motorized recreation trail passes; and
(b)penalties collected pursuant to 23-2-111(7) and 23-2-814(6).
(3)Funds deposited in the account must be used by the department pursuant to 23-2-113 and this subsection (3):
(a)up to 5% deposited in the account each year may be used by the department for administrative costs;
(b)$1 from each trail pass sold pursuant to 23-2-111 must be granted for mitigation and eradication of noxious weeds along summer motorized recreation trails; and
(c)the remainder must be granted for designation, maintenance, and improvement of summer motorized recreation trails.
(4)Interest and income earned on the account and any unspent or unencumbered money in the account at the end of a fiscal year must remain in the account.