Montana Statutes
§ 17-1-406 — Reduction Of Volatile Revenue Transfer -- Report
Montana·Title 17 STATE FINANCE·Ch. 1 GENERAL ADMINISTRATION·Part 4 Montana Growth and Opportunity Trust
17-1-406 . Reduction of volatile revenue transfer -- report. If the budget director estimates a projected general fund ending fund balance at the end of the biennium that is less than the operating reserve as defined in 17-7-102 , the budget director shall inform the legislative finance committee and the legislative fiscal analyst in writing of the financial forecast and recommended actions by September 15 if a reduction is considered for the November 1 transfer or March 15, if a reduction is considered for the May transfer. The legislative finance committee may meet and comment within 30 days of receiving the forecast and recommendations. Then the governor may reduce the transfer of volatile revenue to the Montana growth and opportunity trust established in 17-1-401 by up to 50% of the vo
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Montana § 17-1-406 (Reduction Of Volatile Revenue Transfer -- Report) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 34, Ch. 775, L. 2025.
Nearby Sections
15
§ 17-1-101
Definition Of Department§ 17-1-103
Assistance To Legislature§ 17-1-104
Definitions§ 17-1-105
Statewide Cost Allocation Plan§ 17-1-108
Through 17-1-110 Reserved§ 17-1-111
General Fiscal Duties Of State Treasurer§ 17-1-112
Access To Offices§ 17-1-113
Securities Lending Program§ 17-1-114
Through 17-1-120 Reserved§ 17-1-121
Repealed§ 17-1-123
Repealed