Montana § 85-1-614 Limits On Grants From Natural Resources Projects State Special Revenue Account

Montana Statutes

§ 85-1-614 — Limits On Grants From Natural Resources Projects State Special Revenue Account

Montana·Title 85 WATER USE·Ch. 1 WATER RESOURCES·Part 6 Renewable Resource Grant and Loan Program

85-1-614 . Limits on grants from natural resources projects state special revenue account.

(1)The maximum grant awarded to a private person may not exceed the lesser of:

(a)5% of the estimated total funds potentially available in the natural resources projects state special revenue account established in 15-38-302 for public and private grants in the biennium in which the grant will be made; or

(b)50% of the total project cost.

(2)This part does not limit the amount of grant funds that may be appropriated by the legislature to fund a state or local government project.

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85-1-614 . Limits on grants from natural resources projects state special revenue account. (1) The maximum grant awarded to a private person may not exceed the lesser of:
(a) 5% of the estimated total funds potentially available in the natural resources projects state special revenue account established in 15-38-302 for public and private grants in the biennium in which the grant will be made; or
(b) 50% of the total project cost.
(2) This part does not limit the amount of grant funds that may be appropriated by the legislature to fund a state or local government project.

Montana § 85-1-614 (Limits On Grants From Natural Resources Projects State Special Revenue Account) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 15, Ch. 505, L. 1981; amd. Sec. 40, Ch. 298, L. 1983; amd. Sec. 21, Ch. 478, L. 1993; amd. Sec. 19, Ch. 432, L. 2007; amd. Sec. 3, Ch. 341, L. 2017.