Montana § 17-5-706 Authority To Issue Coal Severance Tax Bonds

Montana Statutes

§ 17-5-706 — Authority To Issue Coal Severance Tax Bonds

Montana § 17-5-706

Title 17STATE FINANCE

Ch. 5PUBLIC BOND ISSUES

Part 7Coal Severance Tax Bonds -- Water Development

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Bluebook

Mont. Code Ann. § 17-5-706 (2026).

Text

17-5-706 . Authority to issue coal severance tax bonds. The board of examiners, upon approval of the legislature as hereinafter provided, shall issue and sell coal severance tax bonds to finance approved renewable resource projects when authorized to do so by any law that sets out the amount and purpose of the issue. Each project must be separately approved as to amount by a two-thirds vote of each house of the legislature.

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17-5-706 . Authority to issue coal severance tax bonds. The board of examiners, upon approval of the legislature as hereinafter provided, shall issue and sell coal severance tax bonds to finance approved renewable resource projects when authorized to do so by any law that sets out the amount and purpose of the issue. Each project must be separately approved as to amount by a two-thirds vote of each house of the legislature.