DEPARTMENT OF COMMERCE

The Treasure State Endowment Program (TSEP) awards matching grants to local governments for the construction of local infrastructure projects. The 2009 Legislature appropriated the following funding for TSEP projects: $17,800,000 in interest earnings from the Treasure State Endowment Fund (TSEF) during the 2011 biennium, $6,500,000 in loan authorization, and $22,839,427 in general fund that was freed up for other uses by Montana's receipt of dollars through the American Recovery and Reinvestment Act of 2009.  

 

The general fund dollars were used to fund 19 projects authorized by the 2007 Legislature. These 19 projects are the first link to the projects listing.

 

The general fund dollars were used to fund 23 projects authorized by the 2009 Legislature, that were the first to meet start-up requirements. These 23 projects are the next group of projects linked to project listing.