Montana Code 69-4-527. Underground facility protection account — statutory appropriation
69-4-527. Underground facility protection account — statutory appropriation. (1) There is an underground facility protection account in the state special revenue fund. The account is statutorily appropriated, as provided in 17-7-502, to the department.
Terms Used In Montana Code 69-4-527
- 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
- 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)There must be deposited in the account all revenue from:
(a)civil penalties collected pursuant to 69-4-524 and 69-4-525;
(b)fines collected pursuant to 69-4-529 or 69-4-530;
(c)fees collected pursuant to 69-4-502(4); and
(d)any gifts, grants, donations, or bequests to the department.
(3)Funds are allocated as follows:
(a)fees collected pursuant to 69-4-502(4) and paid by underground facility owners and any gifts, grants, donations, or bequests must be deposited in an account for the administration of this part by the department in accordance with this part; and
(b)all revenue from civil penalties collected pursuant to 69-4-524 and 69-4-525 and fines collected pursuant to 69-4-529 or 69-4-530 must be deposited in an account for distribution in the form of grants to notification centers to be used in accordance with 69-4-528.
(4)The accounts established in subsection (3) retain interest earned from the investment of money in the accounts.