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Committee hears SB 343 to save excess coal-trust receipts for future infrastructure
Summary
Senate Bill 343 would direct excess coal-trust receipts into a long-term trust starting in 2027 to finance future infrastructure; sponsor Sen. Dave Fern and informational witnesses from Commerce, DNRC and Revenue described the proposal as a modest, multiyear savings plan.
Sen. Dave Fern introduced Senate Bill 343 to the Senate Finance and Claims Committee as a proposal to deposit excess coal-trust revenues into a dedicated trust beginning in 2027, with the stated goal of saving for long-term infrastructure and producing future interest returns.
Fern told the committee the measure is intended to preserve revenue…
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