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MT SB260

MT SB260
Revise education funding laws related to oil and gas production taxes


summary

Introduced
02/02/2015
In Committee
04/16/2015
Crossed Over
03/06/2015
Passed
04/25/2015
Dead
Signed/Enacted/Adopted
05/05/2015

Introduced Session

2015 Regular Session

Bill Summary

Revise education funding laws related to oil and gas production taxes

AI Summary

This bill, titled "Revise education funding laws related to oil and gas production taxes," proposes changes to how Montana funds its education system by adjusting laws concerning taxes levied on oil and gas production. While the provided XML snippet does not detail the specific amendments, the title and government summary indicate the core purpose is to modify the existing framework for allocating revenue generated from these production taxes towards educational initiatives. This suggests a potential reallocation or alteration of how funds derived from the extraction of oil and gas contribute to the state's educational budget.

Committee Categories

Budget and Finance, Education

Sponsors (1)

Last Action

Chapter Number Assigned (on 05/05/2015)

bill text


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