Energy

SB 171 requires that 10% of excess state general fund revenue, after meeting budget stability and capital projects fund thresholds, be transferred to the Montana coal severance tax permanent fund (coal trust fund). This bill amends Montana's budget law to direct a portion of surplus funds - specifically, funds exceeding established reserve levels - to the coal trust fund instead of remaining in the general fund. The transfer applies when the budget stabilization reserve fund and capital projects fund exceed 16% and 12% of general revenue appropriations, respectively. The coal trust fund, which supports coal-related programs, would receive this additional funding without altering the state's primary budget processes.

Senate Bill 333 repeals the termination date for the existing coal severance tax coal washing credit. This credit, previously set to expire on July 1, 2027, will now continue indefinitely. The bill directly affects coal mining companies and processors that utilize coal washing and are subject to the coal severance tax, allowing them to continue claiming this tax credit.

HB 703 exempts specific state and local agencies in Montana from analyzing greenhouse gas emissions during certain environmental reviews. The bill states that the state department and local building departments are no longer required to analyze greenhouse gas emissions from covered appliances when adopting or enforcing building codes. It also exempts the state department from analyzing greenhouse gas emissions from new motor vehicles, engines, and nonroad vehicles, and emissions originating outside the state's borders. The bill cites federal preemption laws as the basis for these exemptions from environmental review.