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Committee hears bill to deposit excess coal trust revenue into long‑term trust

2826413 · March 31, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senate Bill 343 would direct excess coal trust revenues into the trust principal beginning in 2027 to build a longer‑term savings vehicle. Sponsor Senator Dave Fern framed the bill as a savings measure; state agencies provided informational testimony on the fiscal effects.

Senate Finance and Claims heard Senate Bill 343, a proposal from Senator Dave Fern to direct some excess coal trust revenue into the trust principal as a long‑term savings measure beginning in 2027.

Senator Dave Fern, who represents parts of the Flathead region, told the committee the proposal is intended to build the trust as a savings vehicle for future infrastructure and long‑term needs. Fern said the change would…

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