Legislative Update: May 7, 2015

Here is a quick summary of the issues impacting Montana’s independent banks during the final days of the legislative session. Morrow Bills: As expected, SB 280 and 281 were summarily vetoed by the Governor. Tax relief: The Governor vetoed today the final tax relief bill sent to him this session.   The bill was SB 171.  Here is Read the Rest…

Legislative Update: April 25, 2015

As of the date of this update, the Legislature has still not adjourned sine die. There was an expectation that that would happen today. However, the conservative members of the House Republican caucus have revolted over the public works bill. The House will once again try to pass that bill this coming Monday. At this Read the Rest…

Legislative Update: April 15, 2015

As a quick update to a few bills of interest to Montana community banks, the following happened on Tuesday: Water Compact – on Monday, the House Judiciary Committee killed the CSKT water compact.  And as expected, the full House suspended the rules to allow the bill to come to the floor for a vote of Read the Rest…

Legislative Update: April 6, 2015

The legislature will return from its Easter break on April 7th.  This past week marked the passage of the 67th legislative day on Tuesday when all appropriations, revenue, and referenda legislation had to transmit to the other chamber for consideration.  The Legislature has now completed two thirds of the 90 day 2015 legislative session. The remainder Read the Rest…

Legislative Update: March 27, 2015

The following is an update on issues of interest to or impacting the banking industry. Congressional Update As you may have seen from the ICBA updates, it was a good week for community bank regulatory reform in Congress.  The House Financial Services Committee passed out numerous bills advanced by ICBA related to regulatory relief: The Read the Rest…

Legislative Update: March 3, 2015

The legislature returned from the transmittal break on March 5th.  The Legislature has now completed half of the 90 day 2015 legislative session. The second half of the legislative session will, as usual, focus on the budget and appropriations process.  MIB will monitor that process, but, at this point, is not advocating for any particular Read the Rest…

Legislative Update: February 23, 2015

The legislature is now almost done with the first half of the session.  The number of bills considered has grown substantially over the last 10 days.  The transmittal deadline is this coming Friday, the 27th.  For those of you know familiar with the legislative process, the transmittal deadline means that a bill that has been Read the Rest…

Legislative Update: February 17, 2015

The legislature is now into its seventh week – and things are starting to move fast with the transmittal deadline being only two weeks away. For those of you know familiar with the legislative process, the transmittal deadline means that a bill that has been introduced in the House has to have been passed by Read the Rest…

Legislative Update: February 12, 2015

The legislature is now into its sixth week – and things are starting to move fast with the transmittal deadline being only two weeks away. For those of you know familiar with the legislative process, the transmittal deadline means that a bill that has been introduced in the house has to have been passed by Read the Rest…

Legislative Update: February 1, 2015

The legislature just completed its first month of the session.   It has been a relatively quiet legislative session thus far.  However, the partisanship will likely heat up when the budget and appropriations work begins in earnest in mid-March. This past week saw the Governor give his State of the State address.  As expected, the Governor Read the Rest…

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