15-70-127. Bridge and road safety and accountability restricted account. (1) There is a bridge and road safety and accountability restricted account in the state special revenue fund provided for in 17-2-102. All interest and income earned on the account must, in accordance with the provisions of 17-2-124, be deposited to the credit of the account and any unexpended balance in the account must remain in the account. Revenue from the gasoline and special fuel taxes must be deposited in the account pursuant to 15-70-403(2)(c) and (3)(c).
(2) The money in the account is restricted as provided in Article VIII, section 6, of the Montana constitution and may be used only for statutory refunds and adjustments and for providing annual funding as follows:
(a) for use by the department of transportation for the construction, reconstruction, maintenance, and repair of highways and bridges in the state selected and designated by the transportation commission:
(i) $12.5 million for fiscal year 2018; and
(ii) 35% or $9.8 million, whichever is greater, for fiscal year 2019 and thereafter;
(b) the remainder for the local government road construction and maintenance match program provided for in 15-70-130.
History: En. Sec. 2, Ch. 267, L. 2017; amd. Sec. 28, Ch. 384, L. 2017.
Structure Montana Code Annotated
Chapter 70. Gasoline and Vehicle Fuels Taxes
15-70-101. Disposition of funds
15-70-102. Allocation of funds -- participation in railroad grade crossing protection
15-70-103. Time of mailing and filing
15-70-104. Rules to be established by department
15-70-105. Writeoff of collection of tax, penalty, or interest -- rules
15-70-106. and 15-70-107 reserved
15-70-108. Payment of taxes by negotiable instrument
15-70-110. Authority to collect delinquent motor fuel taxes -- offset -- hearing
15-70-111. Judicial review and appeals
15-70-113. Total remittance payable by electronic funds transfer
15-70-114. Electronic filing of tax returns and required information
15-70-116. through 15-70-120 reserved
15-70-121. International Fuel Tax Agreement
15-70-122. Collection of fuel tax
15-70-123. Report by unlicensed petroleum dealer -- definition -- penalty
15-70-124. Agreements with other governmental entities relating to collection of certain fuel taxes
15-70-125. Highway nonrestricted account
15-70-126. Highway restricted account
15-70-127. Bridge and road safety and accountability restricted account
15-70-128. and 15-70-129 reserved
15-70-130. Local government road construction and maintenance match program