Bill > SB36

This bill removes expired contingency language related to a block grant program for school districts affected by the closure of large coal-fired generating units. Specifically, the bill eliminates previously established provisions that outlined a graduated repayment schedule for block grant funds based on the year of a generating unit's closure between 2018 and 2022. The original law provided block grants to school districts with taxable valuations including coal-fired generating units over 200 megawatts that were placed in service before 1980 and planned for retirement by July 1, 2022. The bill strikes language detailing specific percentages of block grant repayments to the state general fund depending on the year of unit closure, effectively removing these now-outdated contingency provisions. The block grant program was designed to help school districts financially mitigate the impact of losing significant tax base revenue when large coal-fired power plants close, and this amendment simply cleans up statutory language that is no longer relevant due to the passage of time and expiration of the original closure timeline.

Education

https://bills.legmt.gov/#/laws/bill/20251/LC0286