{"data":{"id":"us-mt/15-38-302","jurisdiction":"us-mt","citation":"15-38-302","heading":"Natural resources projects state special revenue account created -- revenue allocated -- limitations on appropriations from account.","body":"(1) There is a natural resources projects state special revenue account within the state special revenue fund established in 17-2-102.\n(2) There must be paid into the natural resources projects state special revenue:\n(a) the interest income of the resource indemnity trust fund under the provisions of 15-38-202;\n(b) the resource indemnity and ground water assessment tax under the provisions of 15-38-106;\n(c) the oil and natural gas production tax as provided in 15-36-331;\n(d) the excess of the coal severance tax proceeds allocated by 85-1-603 to the renewable resource loan debt service fund above debt service requirements as provided in and subject to the conditions of 85-1-619; and\n(e) 10% of the interest earned from the Montana water development state special revenue account established in 85-1-320 to be used for water storage pilot projects and dam inspections required under 85-15-213.\n(3) Appropriations may be made from the natural resources projects state special revenue account for grants and loans for designated projects and the activities authorized in 85-1-602 and 90-2-1102.\n(4) The account retains its own interest.","path":["TITLE 15. TAXATION","CHAPTER 38. RESOURCE INDEMNITY TRUST AND GROUND WATER ASSESSMENT","Part 3. Natural Resources Accounts"],"source_url":"https://mca.legmt.gov/bills/mca/title_0150/chapter_0380/part_0030/section_0020/0150-0380-0030-0020.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:47:38Z","sha256":"39868c4cb760ce102f56f10e549620632485aa94dbf8098dbb00324a913d6fae","source_id":"us-mt","stale":false,"prev":"us-mt/15-38-301--2","next":"us-mt/15-39-101"},"notice":"GroundRules: Original legal text. Not legal advice."}