Montana Economic Developers’ Association (MEDA)

MEDA’s Bills for Economic Development – 2003 Legislature

April 15,2003

 


                Bill Passed – Large Bold Print                 Bill Dead – Small Print

 

Capital & Economic Development Funding

SB 131

Barkus

Board of Investments purchase of loans from local development organizations; create IRP Program

MEDA Support

Senate 49-1 House 97-3

Signed by Governor 4/1/03

SB 115

Mahlum

Extend Economic Development Funding Statutory Appropriations by 5 Years to 2010 (includes R&C and Growth Thru Ag)

MEDA Support

Senate 45-5; House 92-6; H-Amend passed Senate 47-2 )

Next stop - Governor

HB 276

Lindeen

Create Economic Development Trust Fund in Coal Tax Trust Fund

MEDA Support

Passed House 81-18

Hearing S-Finance 4-14 8AM Rm 317

HB 2

Lewis

Commerce & Office of Economic Opportunity Budget Portions

MEDA Support

OK in Bill

 

HB 177

Balyeat

Eliminate Funding for R&C and Other Programs; Reduce Growth Thru Ag & Other Programs

MEDA Oppose

Missed Deadline for Approp Transmittal

Dead

HB 596*

Keane

Economic Development Levy Above Levy Cap

MEDA Support

Tabled in H-Local Govt  2-20

Dead

Amend to HB 2

Buzzas

Eliminate Funding for Regional Development Officers in Commerce

MEDA Oppose

Killed on House Floor 88-12

Dead

HB 613

Lange

Privately funded economic development corporations – Tax credits for investment

MEDA Neutral

Died in Committee

Dead

Government Structure for Economic Development

HB 76

McKenney

Establish Certified Regional Development Corporations & Treasure Communities

MEDA Support

House 88-8; Senate 43-6; S-Amend passed House 95-5

Next stop - Governor

HB 576

Buzzas

Eliminate Office of Economic Development

MEDA Oppose

Tabled in H-Bus & Labor

Dead

Amend to HB 2

Buzzas

Eliminate Funding for Regional Development Officers in Commerce

MEDA Oppose

Killed on House Floor 88-12

Dead

SB 390

Mangan

Revise & Restructure State's Economic Development Functions

MEDA Oppose

Failed 2nd reading in Senate 16-34

Dead

Venture Capital

SB 385

Mangan

Venture capital fund tax credits

MEDA Neutral

Passed Senate 29-21 – Tabled in House Tax

Dead

SB 465

Tester

Create MT Capital Formation Act

MEDA Support

Passed S-2nd reading 26-24; failed 3rd reading 25-25

Dead

SB 378

Kitzenberg

Create Certified Capital Company Program

MEDA Neutral

Indefinitely Postponed S-Tax

Dead

 

Taxes – Property, Local Option, Capital Gains, Income Tax Rates

SB 407

DePratu

Income & Capital Gains Tax Reductions from Sales tax Revenues (Since Changed to bed tax, rental car tax and cigarette tax – some money for spending this biennium, tax cuts beginning 2005)

MEDA Neutral

Passed S- 31-18 – Passed House 2nd 51-49

House 3rd Reading

HB 268

Erickson

Eliminate Phase Out of Business Equipment Tax

MEDA Support

Killed in House 46-54 3-28-03

Dead

SB 12

Harrington

Stop Reduction of Personal Property (Business Equipment) Tax

MEDA Support

Indefinitely Post. in S-Taxation

Dead

SB 256

Ellingson

Revise Property Taxation of Business Equipment (Lowered Some, Raised Some, Stopped Trigger)

MEDA Neutral

Indefinitely Postponed in S-Taxation

Dead

HB 740

McKenney

Local Option Tax (Companion to original SB 407)

MEDA Support

Tabled in H – Taxation

Dead

SB 297

Glaser

Local Option Sales Tax

MEDA Support

Passed S – 2nd Reading 27-21; Failed S – 3rd Reading 24-26

Dead

SB 332

Toole

Progressive Gross Receipts Tax on Retail Sales (Big Box Store tax)

MEDA Neutral

S – 2nd reading Passed 22-20; 3rd Reading Failed 23-27

Dead

Infrastructure

SB 249

Taylor

Revise Aerospace Bonding Law

MEDA Neutral

Passed S – 36-13; House – 82-18

Next stop - Governor

HB 377

Younkin

Issue Bonds for Hydrogen Futures Park and Technology Projects

MEDA Neutral

Tabled in H - Approps

Dead

HB 345

Brown

Revise Treasure State Endowment Funding

MEDA Oppose

Tabled in H – Taxation

Dead

Education, Training, Workforce

HB 564

Lindeen

Create Primary Sector Business Workforce Training Act

MEDA Support

Passed House 90-8; Senate 47-1;

Conf Comm Rep to both Houses 4-15

Transportation

SB 315

Schmidt

Feasibility Study to Assess Conditions Affecting Rail Freight Competition in MT

MEDA Neutral

Passed Senate 50-0; House 92-8

Next stop - Governor