Treasure State Endowment Program (TSEP)
**NEW The Montana Department of Commerce announces the public comment period for the 2021 Biennium Treasure State Endowment Program Infrastructure Planning Grants.
On May 16, 2019, at 10:30 a.m., the Department of Commerce will hold a public hearing in Room 228 of the Park Avenue Building at 301 South Park Avenue, in Helena, Montana, to consider the proposed amendment of the above-stated rule. Conference Call Information: 1-877-273-4202, Access Code: 826-455-926. Administrative Rules Information can be found here: https://commerce.mt.gov/AdministrativeRules/ARMSUpdates
Concerned persons may present their data, views, or arguments either orally or in writing at the hearing. Written data, views, or arguments may be submitted and must be received no later than 5:00 pm on May 24, 2019 to:
Department of Commerce
301 South Park Avenue
P.O. Box 200501
Helena, Montana 59620-0533
Telephone (406) 841-2596; Fax (406) 841-2871; TDD (406) 841-2702
The Department of Commerce will make reasonable accommodations for persons with disabilities who wish to participate in this rulemaking process or need an alternative accessible format of this notice. If you require an accommodation, contact the Department of Commerce no later than 5:00 p.m. on May 13, 2019, to advise us of the nature of the accommodation that you need. Please contact Bonnie Martello, Department of Commerce, 301 South Park Avenue, P.O. Box 200501, Helena, Montana 59620-0523; telephone (406) 841-2596; TDD 841-2702; fax (406) 841-2771; or e-mail DOCAdministrativeRules@mt.gov.
The Treasure Statement Endowment Program (TSEP) is a state-funded program that is designed to help address the "affordability" of local infrastructure projects by providing grants to lower the cost of constructing public facilities.
Are your city's water lines leaking? Have you reached the capacity of your town's wastewater treatment plant? Do you have a bridge that has deteriorated to the point that it may have to be closed? These issues, along with other infrastructure problems, are a dilemma for local governments trying to maintain their community's vital infrastructure. Local officials, staff and engineers are encouraged to consider whether TSEP could help finance a local infrastructure project.
The Montana Department of Commerce's research findings, along with comments from local government officials and citizens, indicate that the principal reason why so many local public facilities are deficient is that most options for correcting deficiencies are simply not considered affordable by local residents. TSEP is a state-funded program that has been designed to help address that "affordability" problem by providing grants to lower the cost of constructing public facilities projects. The program was authorized by Montana’s voters with the passage of Legislative Referendum 110 on June 2, 1992. The law has been codified as Sections 90-6-701 through 90-6-710, MCA.