15-38-102. Legislative policy.
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/mt/title-15/chapter-38/part-1/15-38-102·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
15-38-102 . Legislative policy. It is the policy of the state of Montana to indemnify its citizens for the loss of long-term value resulting from the depletion of its mineral resource base and for environmental damage caused by mineral development. This policy of indemnification is achieved by establishing a permanent resource indemnity trust, as required by Article IX, section 2, of the Montana constitution, by supporting ground water assessment programs from the proceeds of a tax levied on mineral extraction, and by allocating spendable revenues:
(1)to protect and restore the environment from damages resulting from mineral development;
(2)to support a variety of development programs that benefit the economy of the state and the lives of Montana citizens; and
(3)to assess the state's ground water resources.