Mont. Code Ann. § 15-1-120
This is the official text of Mont. Code Ann. § 15-1-120, part of Montana’s Code Ann — part of the compiled statutory law of Montana, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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15-1-120 Policy and purpose
Official statutory text
15-1-120 . Policy and purpose. (1) The purpose of Chapter 574, Laws of 2001, is to establish a financial partnership between state and local governments.
(2) This partnership is founded on trust and is committed to protecting and promoting the financial interests of cities, towns, counties, local schools, special districts, and state government.
(3) Local governments agree to relinquish dedicated revenue in exchange for an entitlement share of the state general fund based on a formula that responds to the performance of the Montana economy.
(4) The legislature agrees to fund the entitlement share in accordance with the provisions of 15-1-121 .
(2) This partnership is founded on trust and is committed to protecting and promoting the financial interests of cities, towns, counties, local schools, special districts, and state government.
(3) Local governments agree to relinquish dedicated revenue in exchange for an entitlement share of the state general fund based on a formula that responds to the performance of the Montana economy.
(4) The legislature agrees to fund the entitlement share in accordance with the provisions of 15-1-121 .
Status: in_force · Read it on the official government site
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