Economic Impacts of the Petition for Proposed Amendment of Arm 17.24.116 : Pertaining to Hard Rock Mining Application Requirements for Operating Permits 2006

Cover Economic Impacts of the Petition for Proposed Amendment of Arm 17.24.116 : Pertaining to Hard Rock Mining Application Requirements for Operating Permits 2006
Economic Impacts of the Petition for Proposed Amendment of Arm 17.24.116 : Pertaining to Hard Rock Mining Application Requirements for Operating Permits 2006
Montana.Dept. of Environmental Quality
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This account receives revenue from other sources as well, including "interest" from the RIT (trust). Appropriations from this fund are legislatively approved for many uses within state government including uses within DEQ for the Hard Rock Program, Opencut Program, and Coal Program in the Permitting Division, Legal Unit, and Enforcement Division. If metalliferous mine taxes completely disappeared, the impact on the RDGA would be approximately $525,000 per year or $1,050,000 per biennium. The RD...GA has a biennial appropriation across state government of $1 1,980,987 and DEQ's appropriation from this account is $3,341,547 for the 06-07 biennium or approximately 1/3 of the total appropriations. The statute does not state which appropriations are funded first but it is assumed that the revenue impact would be distributed equitably across all of the state's programs with appropriations. Thus, the impact to DEQ would be approximately $350,000 ($1,050,000/3) for the biennium or $175,000 per year.

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