Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Bill would create $100 million Montana resiliency fund to boost federal disaster matching
Summary
House Bill 34 would seed a permanent disaster resiliency fund with $100 million, use its interest to help local match federal grants and prioritize construction projects to reduce future disaster costs, proponents told the Local Government Subcommittee.
Representative Larry Brewster opened a public hearing on House Bill 34, which would establish a Montana Resiliency Fund seeded with $100,000,000; interest and limited annual spending from the fund would be used to provide state matching funds to help communities secure federal disaster-mitigation grants.
Ryan Evans, assistant budget director for the governor’s budget office, said the proposal expands a temporary pilot and is intended to leverage one-time-only state reserves to attract federal funding and reduce future local property-tax burdens. "This is a good bill. It brings with it a great match. It has the ability to reach across all of Montana into communities," Evans told the committee.
Major General Pete Ronek, director of the Department of Military Affairs, said the pilot program had…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
