reglab/housing_qa huggingface dataset:
MT Code § 90-6-602 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 6. Veterans' Home Loan Mortgage Program|90-6-602. Definitions

  90-6-602. Definitions. As used in this part, the following definitions apply:   (1) "Board" means the board of housing provided for in 2-15-1814.   (2) "Coal tax trust fund" or "trust fund" means the trust fund created pursuant to Article IX, section 5, of the Montana constitution.   (3) "Eligible veteran" means an individual who is a Montana resident and who:   (a) is or has been a member of the Montana national guard;   (b) is or has been a member of the federal reserve forces of the armed forces of the United States, serving pursuant to Title 10 of the United States Code;   (c) is serving or has served on federal active duty pursuant to Title 10 of the United States Code;   (d) is an unremarried spouse of an individual who was otherwise an eligible veteran and was killed in the line of duty;   (e) is an eligible veteran as defined by the board pursuant to 90-6-605(2); or   (f) if previously a member of the armed forces, was discharged under honorable conditions.   (4) "First-time home buyer" means an individual determined by the board to be a first-time home buyer pursuant to rules adopted by the board.   (5) "Mortgage loan" means a loan for the purchase of real property with any improvements located within this state that is to be used for residential purposes and that is based upon a written instrument approved by a federal agency and that is written in the form of a trust indenture.   (6) "Participating financial institution" means a corporate lender or other loan originator approved by the board for originating and servicing loans pursuant to this part.   (7) "Resident" means an individual who maintains a permanent place of abode within Montana and who has not established a residence elsewhere even though the individual may be temporarily absent from the state.   (8) "Trust indenture" has the meaning provided in 71-1-303.   (9) (a) "Under honorable conditions" means a discharge or separation from military duty characterized by the armed forces as under honorable conditions. The term includes honorable discharge and general discharge.   (b) The term does not include a dishonorable discharge or another administrative discharge characterized by military regulation as other than honorable.   (10) "Veterans' home loan mortgage program" or "program" means the program created in 90-6-603.   History: En. Sec. 2, Ch. 349, L. 2011.
MT Code § 90-6-603 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 6. Veterans' Home Loan Mortgage Program|90-6-603. Veterans' home loan mortgage program created -- use of coal tax trust fund money

  90-6-603. Veterans' home loan mortgage program created -- use of coal tax trust fund money. (1) There is a Montana veterans' home loan mortgage program under the direction and management of the board for eligible veterans who are first-time home buyers.   (2) The board of investments shall allow the board to administer $50 million of the permanent coal tax trust fund for the purpose of the program. Until the board uses money in the trust fund to purchase a mortgage loan from a participating financial institution pursuant to this part, the money under the administration of the board must remain invested by the board of investments. As a loan made pursuant to this part is repaid, the principal payments on the loan must be deposited in the trust fund until all of the principal of the loan is repaid. Interest received on the loan may be used by a participating financial institution and the board, in amounts determined by the board in accordance with 90-6-605, to pay for the origination and servicing of a loan by a participating financial institution and to pay the reasonable costs of the board for the administration of the program. After payment of associated expenses, interest received on the loan must be deposited into the trust fund.   (3) Interest on a home mortgage loan made pursuant to this part must be charged at 1% less than the federal national mortgage association's delivery rate or 1% lower than the lowest interest rate charged by the board for the purposes of other home loan mortgage programs administered by the board, whichever is less. If the federal national mortgage association's rate becomes unavailable, the board shall use another similar rate for the purposes of this subsection. The board may not make a direct loan to an eligible veteran.   History: En. Sec. 3, Ch. 349, L. 2011; amd. Sec. 2, Ch. 213, L. 2013; amd. Sec. 2, Ch. 396, L. 2015; amd. Sec. 2, Ch. 190, L. 2019.
MT Code § 90-6-604 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 6. Veterans' Home Loan Mortgage Program|90-6-604. Additional terms of program

  90-6-604. Additional terms of program. (1) The maximum amount of a loan made by the board pursuant to this part is 95% of the value of the statewide allowable purchase price determined by the board pursuant to 90-6-605.   (2) The board shall require as a condition for a loan that an eligible veteran participate in a first-time home buyer education program approved by the board.   (3) A loan made by the board must be secured by a government guaranty pursuant to rules adopted by the board unless the board determines pursuant to 90-6-605(2) to allow the use of conventional mortgage insurance requirements and coverage.   (4) An eligible veteran shall participate in a loan by contributing a minimum amount of $2,500 unless the board determines otherwise pursuant to 90-6-605(2). An eligible veteran may use the minimum contribution toward paying closing costs and may borrow from the veterans' home loan mortgage program the maximum loan amount allowed by the mortgage insurer for the loan.   (5) There is no limit on the maximum amount of income that may be earned by an eligible veteran for the purposes of a loan pursuant to this part.   (6) In order to allow small financial institutions to participate equitably in the program along with large financial institutions, the board shall adopt rules pursuant to 90-6-605 to specify the maximum amount of mortgage loans that may be made by any one participating financial institution.   (7) The legislative auditor must be allowed access to all documentation used for the purpose of the program.   (8) A report describing at least the operation and use of the program must be made by the board to the legislature as provided in 5-11-210. The report may be combined with other reports by the board or the department of commerce to the legislature.   History: En. Sec. 4, Ch. 349, L. 2011; amd. Sec. 1, Ch. 431, L. 2017.
MT Code § 90-6-605 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 6. Veterans' Home Loan Mortgage Program|90-6-605. Rules to be adopted by board

  90-6-605. Rules to be adopted by board. (1) The board shall adopt rules pursuant to the Montana Administrative Procedure Act necessary for administration of the program, including rules:   (a) specifying which financial institutions may be participating financial institutions;   (b) specifying underwriting criteria for a program loan, such as minimum down payment, credit score, ratios of housing expense and of all reoccurring debt as a percentage of income of the borrower, and exceptions to those criteria;   (c) specifying the statewide allowable purchase price of a home for the purposes of the program;   (d) specifying the security required for a mortgage loan financed by the program;   (e) providing the legislative auditor with access to records of participating financial institutions regarding loans made pursuant to this part;   (f) governing the loan application process;   (g) specifying the maximum servicing fees and origination fee that may be charged by a participating financial institution; and   (h) other loan conditions determined to be necessary by the board.   (2) The board may adopt rules pursuant to the Montana Administrative Procedure Act changing any of the following provisions if the board determines a change is necessary to carry out the purposes of the program:   (a) the definition of eligible veteran in 90-6-602;   (b) the security for a loan provided in 90-6-604; and   (c) the requirements for minimum participation for the eligible veteran provided for in 90-6-604.   History: En. Sec. 5, Ch. 349, L. 2011.
MT Code § 90-6-701 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 7. Treasure State Endowment Program|90-6-701. Montana coal endowment program created -- definitions

  90-6-701. Montana coal endowment program created -- definitions. (1) (a) There is a Montana coal endowment program that consists of:  (i) the Montana coal endowment fund established in 17-5-703;   (ii) the infrastructure portion of the coal severance tax bond program provided for in 17-5-701(2).   (b) The Montana coal endowment program may borrow from the board of investments to provide additional financial assistance for local government infrastructure projects under this part, provided that no part of the loan may be made from retirement funds.   (2) Interest from the Montana coal endowment fund and from proceeds of the sale of bonds under 17-5-701(2) may be used to provide financial assistance for local government infrastructure projects under this part, to provide funding to the department of commerce for the administrative costs of the Montana coal endowment program, and to repay loans from the board of investments.   (3) As used in this part, the following definitions apply:   (a) "Infrastructure projects" means:   (i) drinking water systems;   (ii) wastewater treatment;   (iii) sanitary sewer or storm sewer systems;   (iv) solid waste disposal and separation systems, including site acquisition, preparation, or monitoring; or   (v) bridges.   (b) "Local government" means an incorporated city or town, a county, a consolidated local government, a tribal government, a county or multicounty water, sewer, or solid waste district, or an authority as defined in 75-6-304.   (c) "Montana coal endowment fund" means the coal severance tax infrastructure endowment fund established in 17-5-703(1)(b).   (d) "Montana coal endowment program" means the local government infrastructure investment program established in subsection (1).   (e) "Tribal government" means a federally recognized Indian tribe within the state of Montana.   History: En. Sec. 1, Ch. 3, Sp. L. January 1992; amd. Sec. 1, Ch. 432, L. 1993; amd. Sec. 2, Ch. 268, L. 1999; amd. Sec. 25, Ch. 498, L. 1999; amd. Sec. 10, Ch. 458, L. 2009; amd. Sec. 24, Ch. 476, L. 2019; amd. Sec. 5, Ch. 330, L. 2021.
MT Code § 90-6-702 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 7. Treasure State Endowment Program|90-6-702. Purpose

  90-6-702. Purpose. The purpose of the Montana coal endowment program is to assist local governments in funding infrastructure projects that will:  (1) create jobs for Montana residents;   (2) promote economic growth in Montana by helping to finance the necessary infrastructure;   (3) encourage local public facility improvements;   (4) create a partnership between the state and local governments to make necessary public projects affordable;   (5) support long-term, stable economic growth in Montana;   (6) protect future generations from undue fiscal burdens caused by financing necessary public works;   (7) coordinate and improve infrastructure financing by federal, state, local government, and private sources; and   (8) enhance the quality of life and protect the health, safety, and welfare of Montana citizens.   History: En. Sec. 2, Ch. 3, Sp. L. January 1992; amd. Sec. 6, Ch. 330, L. 2021.
MT Code § 90-6-703 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 7. Treasure State Endowment Program|90-6-703. Types of financial assistance available

  90-6-703. Types of financial assistance available. (1) The legislature shall provide for and make available to local governments the following types of financial assistance under this part:  (a) matching grants for local infrastructure projects;   (b) matching grants for infrastructure planning; and   (c) emergency grants for local infrastructure projects.   (2) The department of commerce may provide local governments with emergency grants for infrastructure projects only if necessary to remedy conditions that, if allowed to continue until legislative approval could be obtained, will endanger the public health or safety and expose the applicant to substantial financial risk. The department shall report to the governor, the legislative fiscal analyst, and the local government interim committee in accordance with 5-11-210 regarding emergency grants that are awarded during each biennium. The report must be provided in an electronic format.   (3) The department of commerce may provide local governments with matching grants for infrastructure planning. The department shall report to the governor and the legislature in accordance with 5-11-210 regarding infrastructure planning grants that are awarded during each biennium.   History: En. Sec. 5, Ch. 3, Sp. L. January 1992; amd. Sec. 2, Ch. 432, L. 1993; amd. Sec. 497, Ch. 418, L. 1995; amd. Sec. 7, Ch. 580, L. 2005; amd. Sec. 13, Ch. 389, L. 2011; amd. Sec. 20, Ch. 120, L. 2013; amd. Sec. 135, Ch. 261, L. 2021.
MT Code § 90-6-704 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 7. Treasure State Endowment Program|90-6-704. through 90-6-708 reserved

  90-6-704 through 90-6-708 reserved.
MT Code § 90-6-709 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 7. Treasure State Endowment Program|90-6-709. Agreements with tribal governments

  90-6-709. Agreements with tribal governments. (1) Agreements with tribal governments in Montana entered into under this part must contain, in addition to other appropriate terms and conditions, the following conditions:   (a) a requirement that in the event that a dispute or claim arises under the agreement, state law will govern as to the interpretation and performance of the agreement and that any judicial proceeding concerning the terms of the agreement will be brought in the district court of the first judicial district of the state of Montana;   (b) an express waiver of the tribal government's immunity from suit on any issue specifically arising from the transaction of a loan or grant; and   (c) an express waiver of any right to exhaust tribal remedies signed by the tribal government.   (2) Agreements with tribal governments must be approved by the secretary of the United States department of the interior whenever approval is necessary.   History: En. Sec. 3, Ch. 268, L. 1999.
MT Code § 90-6-711 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 7. Treasure State Endowment Program|90-6-711. through 90-6-714 reserved

  90-6-711 through 90-6-714 reserved.
MT Code § 90-6-715 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 7. Treasure State Endowment Program|90-6-715. Special revenue account -- use

  90-6-715. (Temporary) Special revenue account -- use. (1) (a) The Montana coal endowment regional water system special revenue account may be used to:  (i) provide matching funds to plan and construct regional drinking water systems in Montana;   (ii) pay the debt service for regional water system bond issues;   (iii) provide funding of administrative expenses for state and local entities associated with regional drinking water systems; and   (iv) pay the costs of eligible projects on an interim basis pending the receipt of grant and loan funds by those systems or entities.   (b) Except for the debt service administrative expenses and payment of the costs of eligible projects on an interim basis provided for in subsection (1)(a), each state dollar must be matched equally by local funds. Federal and state grants may not be used as a local match.   (2) Up to 25% of the local matching funds required under subsection (1) for the Montana coal endowment regional water system may be in the form of debt that was incurred by local government entities included in the regional water system to construct individual drinking water systems before the individual systems were connected to the regional system. However, the amount of an individual entity's debt that may be used for matching funds is limited to the amount necessary to allow the entity to maintain its water service charges below the hardship standard established by the department through administrative rules adopted under 90-6-710.   (3) The funds in the account are further restricted to be used to finance regional drinking water systems that supply water to large geographical areas and serve multiple local governments, such as projects in north central Montana, from the waters of the Tiber reservoir, that will provide water for domestic use, industrial use, and stock water for communities and rural residences that lie south of the Canadian border, west of Havre, north of Dutton, and east of Cut Bank and in northeastern Montana, from the waters of the Missouri River, that will provide water for domestic use, industrial use, and stock water for communities and rural residences that lie south of the Canadian border, west of the North Dakota border, north of the Missouri River, and east of range 39.   (4) The funds must be administered by the department of natural resources and conservation for eligible projects. (Terminates June 30, 2031--secs. 1 through 3, Ch. 305, L. 2015.)   History: En. Sec. 2, Ch. 495, L. 1999; amd. Sec. 1, Ch. 233, L. 2001; amd. Sec. 10, Ch. 435, L. 2001; amd. Sec. 134, Ch. 114, L. 2003; amd. Sec. 1, Ch. 158, L. 2003; amd. Sec. 1, Ch. 352, L. 2005; amd. Sec. 9, Ch. 580, L. 2005; amd. Sec. 8, Ch. 330, L. 2021.
MT Code § 90-6-801 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-801. Repealed

  90-6-801. Repealed. Sec. 9, Ch. 404, L. 2017.   History: En. Sec. 1, Ch. 377, L. 2009.
MT Code § 90-6-802 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-802. Repealed

  90-6-802. Repealed. Sec. 9, Ch. 404, L. 2017.   History: En. Sec. 2, Ch. 377, L. 2009; amd. Sec. 4, Ch. 325, L. 2013.
MT Code § 90-6-803 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-803. Repealed

  90-6-803. Repealed. Sec. 9, Ch. 404, L. 2017.   History: En. Sec. 3, Ch. 377, L. 2009.
MT Code § 90-6-804 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-804. through 90-6-808 reserved

  90-6-804 through 90-6-808 reserved.
MT Code § 90-6-809 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-809. Repealed

  90-6-809. Repealed. Sec. 9, Ch. 404, L. 2017.   History: En. Sec. 4, Ch. 377, L. 2009.
MT Code § 90-6-810 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-810. Repealed

  90-6-810. Repealed. Sec. 9, Ch. 404, L. 2017.   History: En. Sec. 5, Ch. 377, L. 2009.
MT Code § 90-6-811 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-811. Repealed

  90-6-811. Repealed. Sec. 9, Ch. 404, L. 2017.   History: En. Sec. 6, Ch. 377, L. 2009; amd. Sec. 10, Ch. 325, L. 2013.
MT Code § 90-6-812 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-812. Repealed

  90-6-812. Repealed. Sec. 10, Ch. 404, L. 2017.   History: En. Sec. 7, Ch. 377, L. 2009.
MT Code § 90-6-813 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-813. through 90-6-817 reserved

  90-6-813 through 90-6-817 reserved.
MT Code § 90-6-818 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-818. Repealed

  90-6-818. Repealed. Sec. 10, Ch. 404, L. 2017.   History: En. Sec. 8, Ch. 377, L. 2009.
MT Code § 90-6-819 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 8. Quality Schools Facility Grant Program (Repealed)|90-6-819. Repealed

  90-6-819. Repealed. Sec. 9, Ch. 404, L. 2017.   History: En. Sec. 9, Ch. 377, L. 2009.
MT Code § 90-6-1001 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 10. Oil, Gas, and Coal Resource Funding|90-6-1001. Oil, gas, and coal natural resource accounts

  90-6-1001. Oil, gas, and coal natural resource accounts. (1) There is an oil and gas natural resource distribution account in the state special revenue fund. The collections allocated to the account from 15-36-331(2)(b) must be deposited in the account to be used as provided in 15-36-332(7).   (2) There is a coal natural resource account in the state special revenue fund. The collections allocated to the account from 15-35-108(9) must be deposited in the account. The money in the account is allocated to the coal board provided for in 2-15-1821 and may be used only for local impact grants provided for in 90-6-205 through 90-6-207 and costs related to the administration of the grant awards.   History: En. Sec. 1, Ch. 603, L. 2005; amd. Sec. 5, Ch. 33, L. 2009; amd. Sec. 32, Ch. 128, L. 2011; amd. Sec. 14, Ch. 351, L. 2017; amd. Sec. 6, Ch. 414, L. 2019.
MT Code § 90-7-101 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 7. Facility Finance Authority|Part 1. General Provisions|90-7-101. Short title

  90-7-101. Short title. This chapter may be cited as the "Montana Facility Finance Authority Act".   History: En. Sec. 2, Ch. 703, L. 1983; amd. Sec. 5, Ch. 137, L. 2001.