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Code · Montana · Title 82 — Minerals, Oil, and Gas · Chapter 4 · Part 3

82-4-315. Hard-rock mining reclamation special revenue account.

178 words·~1 min read·/mt/title-82/chapter-4/part-3/82-4-315·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

82-4-315 . Hard-rock mining reclamation special revenue account.
(1)There is a hard-rock mining reclamation special revenue account within the state special revenue fund established in 17-2-102 . There must be paid into the account:
(a)revenue from the sale of hard-rock mining reclamation bonds issued by the board of examiners pursuant to 82-4-313 and 82-4-314 ;
(b)interest income earned on the account; and
(c)excess money transferred from the hard-rock mining reclamation debt service fund as described in 82-4-312 .
(2)Funds may be appropriated from the hard-rock mining reclamation special revenue account for the following purposes only:
(a)state costs of implementing legally required reclamation, operation, and maintenance at hard-rock mines that would otherwise not occur because there is no likelihood of getting additional funds from the mine operator and the available surety bond is insufficient;
(b)state costs of implementing legally required reclamation, operation, and maintenance neither eligible for nor reasonably expected to be reimbursed from other federal or private funds; and
(c)state costs related to the implementation of 82-4-312 through 82-4-315 .
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