§ 15-1-142

15-1-142. (Temporary) Montana surplus rebate account. (1) There is a Montana surplus rebate account in the state special revenue fund provided for in 17-2-102. (2) The state treasurer shall transfer $480 million from the general fund to the account by July 1, 2023. (3) Money in the account must be used for individual income tax rebates provided for in 15-30-2191 and associated administrative costs. (4) The amount provided for in subsection (3) is statutorily appropriated, as provided in 17-7-502, to the department of revenue. (5) The state treasurer shall transfer to the general fund money remaining in the account after June 30, 2025. (Terminates December 31, 2025--sec. 9, Ch. 44, L. 2023.) History: En. Sec. 1, Ch. 44, L. 2023.