2007 Montana Legislature

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HOUSE BILL NO. 426

INTRODUCED BY ROSS

 

AN ACT REMOVING THE $500,000 LIMIT ON A COUNTY'S ROAD AND BRIDGE CAPITAL IMPROVEMENT FUND; AMENDING SECTION 7-14-2506, MCA; AND PROVIDING AN EFFECTIVE DATE.

 

     WHEREAS, under current Montana law, the governing body of a county may establish a road and bridge capital improvement fund to be used for acquisition and replacement of property and equipment; and

     WHEREAS, that fund currently may not exceed $500,000; and

     WHEREAS, many projects or acquisitions can substantially exceed the current limit.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:

 

     Section 1.  Section 7-14-2506, MCA, is amended to read:

     "7-14-2506.  County road and bridge capital improvement fund -- limitation. The governing body of a county may establish a road and bridge capital improvement fund in accordance with the provisions of Title 7, chapter 6, part 6. The fund may not exceed $500,000."

 

     Section 2.  Effective date. [This act] is effective July 1, 2007.

- END -

 


Latest Version of HB 426 (HB0426.ENR)
Processed for the Web on April 3, 2007 (10:19am)

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