Mont. Code § 90-1-609

Current through the 2023 Regular Session
Section 90-1-609 - [Terminates on Occurrence of Contingency] Montana broadband infrastructure accounts
(1)
(a) There is a federal special Montana broadband infrastructure account.
(b) All money in the account is allocated to the department of administration to be used solely for the purposes of this part. Interest earned on funds in the account must be deposited in the account.
(c) The governor may accept and shall deposit into the account federal broadband stimulus funds or other federal funds or other federal funds appropriated by congress and allocated to the department of administration for funding of broadband communications projects.
(d) Notwithstanding any other provision of law, funds allocated under this section may not be transferred or expended for any purpose other than to provide funding for projects authorized pursuant to this part.
(2)
(a) There is a state special Montana broadband infrastructure account.
(b) All money in the account is allocated to the department of administration to be used solely for the purposes of this part. Interest earned on funds in the account must be deposited in the account.
(c) The governor may accept and shall deposit to the account any penalties allocated to the department of administration for funding of broadband communications projects.
(d) Notwithstanding any other provision of law, funds allocated under this section may not be transferred or expended for any purpose other than to provide funding for projects authorized pursuant to this part. (Terminates on occurrence of contingency-- sec. 9, Ch. 696, L. 2023.)

§ 90-1-609, MCA

Amended by Laws 2023, Ch. 696,Sec. 8, eff. 5/19/2023.
Added by Laws 2021, Ch. 449,Sec. 9, eff. 5/10/2021.

Contingent termination. As amended by Laws 2023, Ch. 696,Sec. 9, section 13 of Laws 2021, Ch. 449 provides: "[Sections 1 through 9] terminate when the budget director certifies to the code commissioner that all funds received from the American Rescue Plan Act of 2021, Public Law 117-2, the Infrastructure Investment and Jobs Act of 2021, Public Law 117-58, or subsequent funding pursuant to [section 3(2)] allocated to the department of administration for communications until funds have been expended."