Montana to lose $2.5M in federal mineral payments

2013-03-27T17:45:00Z 2013-03-27T22:14:06Z Montana to lose $2.5M in federal mineral paymentsThe Associated Press The Associated Press
March 27, 2013 5:45 pm  • 

HELENA — The U.S. Department of Interior is cutting $2.5 million in federal mineral payments to Montana over the next five months.

The reduction is part of the $110 million in cuts to 35 states that receive the mineral payments as their share of revenue from energy and mineral production that occurred on federal land within the states and offshore.

The Interior Department is making the reduction as part of the automatic federal spending cuts that started this month.

Gov. Steve Bullock's spokeswoman, Judy Beck, said Wednesday the governor's office has been notified of the cuts and state officials are reviewing the budget implications.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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