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HB 926

Revise state finance laws related to the debt free account and the coal trust fund

2025 Regular Session Introduced by Jerry Schillinger

Montana bill proposing changes to state Debt Free Account and Coal Trust Fund management died in legislative process before passage.

(H) Died in Process
#appropriations #statefinance
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Bill Summary · HB 926

Legislative bill overview

HB 926 proposes revisions to Montana's state finance laws governing the Debt Free Account and the Coal Trust Fund, two mechanisms related to state financial management and coal-related revenue allocation. The bill aimed to modify how these funds are structured, managed, or distributed within the state's fiscal framework.

Why is this important

Montana's Coal Trust Fund represents a significant source of long-term revenue derived from coal extraction on state lands, while the Debt Free Account relates to the state's debt management strategy. Changes to either fund's administration could affect state budget priorities, education funding, infrastructure investment, and long-term fiscal stability—particularly as coal's economic role shifts nationally.

Potential points of contention

  • Coal economy transition: As coal demand declines nationally, modifying the Coal Trust Fund structure may conflict between those wanting to maximize current revenue versus those advocating for diversified, sustainable revenue sources
  • Debt management philosophy: Revisions to the Debt Free Account could reflect disagreement over whether the state should prioritize debt reduction versus increased spending on services
  • Fund allocation priorities: Changes may redistribute resources away from current beneficiaries (such as education or specific infrastructure programs) to different state priorities

Compiled from official sources — confirm details with the bill’s official record.

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