The Montana U.S. Small Business Administration’s (SBA) annual Small Business Week Awards Ceremony and luncheon is Thursday, June 13, noon, at the Hilton Garden Inn in Bozeman.
During the recent Energy Forum, Rep. Duane Ankney, R-Colstrip, said he was shocked that Governor Steve Bullock vetoed his bill, which passed both houses by wide margins, which would have helped communities that are being impacted by oil and gas development.
SB 218 was the same bill that Bruce MacIntyre, Director of Business Advocacy & Government Affairs of the Billings Area Chamber of Commerce, heralded as a modicum of success in the effort of a coalition of Eastern Montana counties and cities to get passed legislation which would help build infrastructure to support the growth of Montana's petroleum industry.
Some relief for taxing jurisdictions being impacted by the withholding of protested tax revenues may come with the legislature's recent passage of SB 280. The bill provides for mediation if settlements do not happen promptly. The legislation was prompted by the tax protests of two area refineries, which after several years remain unresolved. The Montana Department of Revenue opposed the bill, which would allow a case to advance immediately to court if a settlement is not reached. The Montana Petroleum Association and the Montana Taxpayers' Association supported it.
Joe Billion of J. C. Billion in Bozeman has been named Small Business Person of the Year by The Montana District Office of the U.S. Small Business Administration (SBA). He and the other Small Business Week award winners for Montana will be recognized at an awards ceremony on June 13, at the Hilton Garden Inn in Bozeman.
For people advocating improvements to the state's business climate, the Governor's almost-record -number of vetoes, after the close of the Montana State Legislature, came as a stunning surprise. Among those closely involved, who attended the Montana Chamber of Commerce's wrap-up sessions held throughout the state over the past few days, many said they felt they had been betrayed.
One state legislator said he thought Republicans may, in the future, have to rethink their strategy.
During the first half of fiscal year 2013 (October 1, 2012 – March 31, 2013), the Montana SBA District Office approved 144 loans totaling $41,932,400, an eleven percent increase in dollar amount compared to last fiscal year at this same time. Of the 144 loans, 126 totaling $29.3 million were approved under SBA's flagship 7(a) guaranteed loan program, and 18 loans totaling $12.5 million were made through the 504 Certified Development Company Program, a program that provides growing businesses with long-term fixed-rate financing for major fixed assets, such as land and buildings.
The Big Sky Business Journal
P.O. Box 3262
Billings, MT 59103