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Montana Title 17. State Finance § 17-7-150. Definitions

Current as of January 01, 2024 | Updated by Findlaw Staff

As used in 17-7-151, the following definitions apply:

(1) “Current biennium” means the biennium during which the legislature is meeting in regular session.

(2) “Next biennium” means the biennium for which the regular session of the legislature makes appropriations.

(3)(a) “State resources” means:

(i) the general fund;

(ii) state special revenue funds other than private funds;

(iii) federal special revenue funds;

(iv) proprietary funds that require an appropriation;

(v) identified fund transfers to nonstate resources, not including the debt service fund type; and

(vi) the capital projects fund type.

(b) The term does not include:

(i) the debt service fund type;

(ii) fund transfers among state resources or from state resources to the debt service fund type;

(iii) higher education funds;

(iv) permanent funds;

(v) noncash accounting entries; and

(vi) the fiduciary fund category.

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Cite this article: FindLaw.com - Montana Title 17. State Finance § 17-7-150. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-17-state-finance/mt-st-17-7-150/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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