Montana Code 15-70-132. Local road and bridge account — appropriation
15-70-132. Local road and bridge account — appropriation. There is a local road and bridge account in the state special revenue fund established in 17-2-102. All funds received pursuant to section 4, Chapter 698, Laws of 2023, must be deposited in the account.
Terms Used In Montana Code 15-70-132
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Department: means the department of transportation as provided for in 2-15-2501. See Montana Code 15-70-112
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(2)Money deposited in the account is statutorily appropriated as provided in 17-7-502 to the department of transportation and, except as provided in subsection (3), may be used for:
(a)funding or providing the state matching source for the reconstruction and repair of:
(i)off-system bridges;
(ii)secondary highway system routes;
(iii)urban highway system routes; or
(b)providing a state matching source, at the discretion of the department, for discretionary grants for road and bridge repair or reconstruction awarded to local governments.
(3)The amount of $20 million deposited in the account must be distributed pursuant to 15-70-133 by September 1, 2023.