Montana § 20-9-380 School Facilities Fund

Montana Statutes

§ 20-9-380 — School Facilities Fund

Montana § 20-9-380

Title 20EDUCATION

Ch. 9FINANCE

Part 3Funding of Basic System of Quality Public Schools

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Bluebook

Mont. Code Ann. § 20-9-380 (2026).

Text

20-9-380 . School facilities fund.

(1)There is a school facilities fund administered by the department of administration. Pursuant to 17-5-703 , a percentage of coal severance taxes received by the state must be deposited into this fund. Earnings not transferred to the school facility and technology account as provided in subsection (2) must be retained in the school facilities fund.

(2)The school facility and technology account established in 20-9-516 receives earnings from the school facilities fund as provided in 17-5-703 .

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20-9-380 . School facilities fund. (1) There is a school facilities fund administered by the department of administration. Pursuant to 17-5-703 , a percentage of coal severance taxes received by the state must be deposited into this fund. Earnings not transferred to the school facility and technology account as provided in subsection (2) must be retained in the school facilities fund.
(2) The school facility and technology account established in 20-9-516 receives earnings from the school facilities fund as provided in 17-5-703 .