Montana § 15-38-102 Legislative Policy

Montana Statutes

§ 15-38-102 — Legislative Policy

Montana § 15-38-102

Title 15TAXATION

Ch. 38RESOURCE INDEMNITY TRUST AND GROUND WATER ASSESSMENT

Part 1General Provisions

This text of Montana § 15-38-102 (Legislative Policy) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 15-38-102 (2026).

Text

15-38-102 . Legislative policy. It is the policy of the state of Montana to indemnify its citizens for the loss of long-term value resulting from the depletion of its mineral resource base and for environmental damage caused by mineral development. This policy of indemnification is achieved by establishing a permanent resource indemnity trust, as required by Article IX, section 2, of the Montana constitution, by supporting ground water assessment programs from the proceeds of a tax levied on mineral extraction, and by allocating spendable revenues:

(1)to protect and restore the environment from damages resulting from mineral development;

(2)to support a variety of development programs that benefit the economy of the state and the lives of Montana citizens; and

(3)to assess the state's g

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15-38-102 . Legislative policy. It is the policy of the state of Montana to indemnify its citizens for the loss of long-term value resulting from the depletion of its mineral resource base and for environmental damage caused by mineral development. This policy of indemnification is achieved by establishing a permanent resource indemnity trust, as required by Article IX, section 2, of the Montana constitution, by supporting ground water assessment programs from the proceeds of a tax levied on mineral extraction, and by allocating spendable revenues:
(1) to protect and restore the environment from damages resulting from mineral development;
(2) to support a variety of development programs that benefit the economy of the state and the lives of Montana citizens; and
(3) to assess the state's ground water resources.