The board of examiners, upon approval of the legislature as hereinafter provided, shall issue and sell coal severance tax bonds to finance approved renewable resource projects when authorized to do so by any law that sets out the amount and purpose of the issue. Each project must be separately approved as to amount by a two-thirds vote of each house of the legislature.
Authority To Issue Coal Severance Tax Bonds
Mont. Code Ann. § 17-5-706, under Coal Severance Tax Bonds -- Water Development.
Mont. Code Ann. § 17-5-706