Montana § 20-9-635 - Natural Resource Development K-12 School Facilities Payment
Full text of Montana Montana Code Annotated § 20-9-635 — Natural Resource Development K-12 School Facilities Payment, with citation guidance and answers to common questions.
§ 20-9-635. Natural Resource Development K-12 School Facilities Payment
Natural resource development K-12 school facilities payment. (1) The natural resource development K-12 school facilities payment replaces the former natural resource development K-12 funding payment as a means to provide local property tax relief by supporting school district facility needs. (2) The legislature intends the natural resource development K-12 school facilities payment to be a general fund appropriation to support school major maintenance aid pursuant to 20-9-525 and debt service assistance pursuant to 20-9-371 that is calculated as the greater of: (a) $10 million increased by an inflationary adjustment calculated as provided in 20-9-326 applied in fiscal year 2024 and in each succeeding fiscal year; or (b) 5% of the oil and natural gas production taxes deposited in the general fund pursuant to 15-36-331 (4) for the fiscal year occurring 2 fiscal years prior to the fiscal year of the payment.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 20-9-635
What does Montana Code Annotated § 20-9-635 cover?
Section 20-9-635 ("Natural Resource Development K-12 School Facilities Payment") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 20-9-635?
A common citation format is "Montana Code Annotated § 20-9-635" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 20-9-635 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.