_____________ bill NO. _____________

INTRODUCED BY _________________________________________________

By Request of the ****

A BILL FOR AN ACT ENTITLED: "AN ACT expanding definition of line-item transfer in CHAPTER 401, LAWS OF 2021; providing for expanded transfer of APPROPRIATION authority in CHAPTER 401, LAWS OF 2021; AMENDING SECTION 26(2), CHAPTER 401, LAWS OF 2021; and PROVIDING AN IMMEDIATE EFFECTIVE DATE."

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

Section 1. Section 26(2)(a), Chapter 401, Laws of 2021, is amended to read:

"Section 26(2).  Modifications to appropriations and authorizations -- report of modifications or changes. (2) (a) If a proposed line-item transfer or a fund switch in [this act] exceeds $100,000, the budget director shall submit an explanation and detailed description of the requested line-item transfer or fund switch to the legislative fiscal analyst 30 days prior to the next scheduled meeting of the legislative finance committee.

(b)        For the purposes of this section, the following definitions apply:

(i)         "Line-item transfer" means the transfer of appropriation authority from one line-item appropriation to a different line-item appropriation within the same section of [this act] or between any appropriations made in [sections 7, 9, 12, and 14 through 25] of [this act].

(ii)        "Fund switch" means a change in a line-item fund source or account to another fund source or account."

NEW SECTION. Section 2. Effective date. [This act] is effective on passage and approval.