Montana State University Billings announced that their Military and Veteran’s Success Center, opened in 2018, has hired  Shane Grantham as the interim director of the Center to aid in the continuation of veteran outreach on campus.

Grantham, a Billings-native, entered the U.S. Army after graduating high school and served for 20 years in active duty. Throughout his time in the military, Grantham mentored college-aged soldiers which is where he found his interest in guiding others. Following his retirement, he tried a few different career paths until landing a position for Veterans Upward Bound at MSUB where he regained his interest of mentorship through student interaction.

Dr. Patrick Barkey, Director of the University of Montana, Bureau of Business & Economic Research (BBER), will keynote MCF’s Montana Centers of Opportunity Forum, which will take place in person July 29, 11:30 m at the Hilton Garden Inn in Kalispell.

The event will feature a panel discussion with Michael Goguen, Two Bear Capital;  Bill Mosley, GL Solutions;  Scott Osterman, Montana Department of Commerce ; and Tom Stergios, ATG Cognizant, with moderator, Kelly Schwager, Oracle.

Montana Centers of Opportunity Forum will provide the latest on Montana’s post-pandemic economy.

Patrick Barkey has served as Director of the Bureau of Business and Economic Research (BBER) at the University of Montana since 2008. He has been involved with economic forecasting and policy research for more than 35 years, in both the private and public sectors. for more information and registration email stacye@montanachamber.com.

Delivering on his promise to hold the line on new state spending and provide Montanans with broad-based tax relief, Governor Greg Gianforte today signed into law a fiscally conservative, pro-jobs budget.

“This budget lays out the roadmap to our Montana comeback, and will help unlock our state’s full, outstanding potential,” Gov. Gianforte said. “After more than a decade of out-of-control spending in Helena, we’re committed to being better stewards of taxpayer money, and our responsible budget brings much-needed fiscal restraint to state government.”

First introduced by the governor on January 7, the budget cuts hardworking Montanans’ taxes by over $60 million per year, and cuts $145 million in spending.

The budget also fulfills many policy priorities outlined in the governor’s Montana Comeback Plan, including investing $1 million per year in trades education and $2.5 million per year in incentives to increase starting teacher pay.

Importantly, the budget makes a historic investment in combating the drug epidemic through the HEART Fund. The program invests $25 million per year, using marijuana tax revenues, a portion of the tobacco tax settlement, and a federal Medicaid match, in community substance abuse prevention and treatment programs.

By Bethany Blankley, The Center Square

More children are likely to have increased access to educational options after state legislators across the U.S. advanced a slew of bills this year expanding school choice, according to several state-by-state surveys.

“This is a banner year for the educational choice movement. Hundreds of thousands of children nationwide will now have greater access to educational opportunities,” Jason Bedrick, director of policy at Ed Choice, a national nonprofit organization that promotes state-based educational choice programs, told The Center Square.

At least 50 school choice bills have been introduced in 30 states so far, designed to create or expand vouchers, tax-credit scholarships and education savings accounts, among other measures.

To date, 10 states have proposed five new programs and 10 states have expanded existing programs, Bedrick told The Center Square. They include the legislatures of Indiana and Nevada creating Educational Savings Accounts for the first time in their states, as well as Kentucky and Missouri creating tax-credit-funded Education Savings Accounts for the first time in their states.

Kentucky’s bill was the first school choice bill ever proposed in its legislature. And the majority of legislators passed the bill twice – first to make it to the governor’s desk, and second, to override the governor’s veto, creating the state’s first school choice program.

Arkansas’ legislature also created its state’s first tax scholarship program. In April, Arkansas Gov. Asa Hutchinson signed the bill designed to help low-income families.

Arkansas is now the 20th state in the nation to adopt a tax-credit scholarship program.

West Virginia Gov. Jim Justice also signed into law “the most expansive school choice program in the country, a nearly universal option for education savings accounts,” the Heritage Foundation also reports in its analysis of states’ legislation.

“The events of the last year have demonstrated to many families that public schools are not always the reliable institutions many thought they were,” the Heritage Foundation reports. “It also opened their eyes to just how powerful the teachers unions are,” and as a result, legislatures responded to parents requests by undertaking one of the biggest expansions of school choice in history.”

Critics, particularly teachers unions and their supporters, that school choice programs drain resources from public school systems.

Several states expanded their existing voucher programs this year, including Arkansas, Florida, Georgia, Indiana, and Maryland. Likewise, several states expanded their tax credit scholarship programs, including Florida, Indiana, Montana and South Dakota.

Notably absent on the list is Texas, whose Republican-controlled legislature has failed to advance school choice legislation.

Most of the Texas bills have been held up by the Calendar Committee Chairman, Chris Paddie, R-Marshall, who by not scheduling bills for committee assignments or votes ensures they never see the light of day.

Unlike Texas, “Even in California, hardly a school choice mecca, there is rumbling,” the Clarion Institute reports. “A revolutionary universal education savings account initiative is in the works for the November 2022 ballot. The ESA would give parents control of the money the state spends on educating their child. The funds would be spent on the school of their choice, and any money not spent would accumulate and could be used for college or vocational training.”

In March, a bill was read a second time in the California Assembly, AB 300, and referred to the Committee on Education. It would create a tax-credit funded Education Savings Account under an existing California education program to fund scholarships for private school tuition, online learning programs, tutoring, special needs therapies, transportation, textbooks, testing fees, and computer hardware and software.

And California State Assemblyman Kevin Kiley, R-Rocklin, proposed “Cal Grant K-12” earlier this year. The privately funded grant program would “help parents who have been forced to pay out-of-pocket expenses to keep up with their children’s remote learning.” According to Kiley’s office, the bill “incentivizes individuals and businesses to make donations that will provide eligible students scholarship funds they can use for approved expenses to help reduce pandemic-induced learning loss.”

A new study from the University of Arkansas suggests that the more a state provides parents with freedom to choose their child’s school, the better the state’s students’ score on the National Assessment of Education Outcomes.

Representative Rosendale introduced the Direct Primary Care Accessibility Act, a bill that would protect the ability of Americans to purchase health care from their doctors without going through an insurance company first.  

Direct primary care plans allow consumers to pay a monthly fee to doctors in order to access a broad variety of health services in the event that they become sick. It is viewed as a method to enhance access to preventive care by smoothing out the costs of going to a physician or getting basic medical treatments.

Representative Rosendale championed direct primary care as a tool for reducing rising health care costs while he served in the state legislature, and again as State Auditor, paving the way for the recent passage of Senate Bill #101, which was signed into law by Governor Gianforte.

“We’ve all heard that an ounce of prevention is worth a pound of cure,” Representative Rosendale said. “If the law can help people get to the doctor more quickly and cheaply with direct access to primary care physicians, then we have a good chance of seeing healthier Americans. It’s an approach that’s just gone into law in our state that I think will work nationwide.”

Montana’s unemployment rate declined from 3.8% in March to 3.7% in April. The unemployment rate for the U.S. was 6.1% for the month.

“Montana’s economic recovery depends on getting Montanans back to work into good-paying jobs, allowing our businesses to fill open jobs and meet their growing customer demand,” Gov. Gianforte said. “By ending the pandemic-related federal unemployment bonus that discourages work and by launching a return-to-work bonus, more Montanans will reenter the workforce, and Montana’s economy will continue to rebound.”

Montana’s unemployment rate for April matches the pre-pandemic rate of 3.7% in February 2020. There are, however, 9,428 fewer Montanans in the labor force than there were in February 2020.

Montana’s total employment, which includes payroll, agricultural, and self-employed workers, grew by 1,799 in April. Employment gains were fueled by workers returning to the labor force, which added 1,437 workers in April as vaccines were made available to more Montanans. After March’s strong growth in payroll employment, Montana saw a small decline of 300 payroll jobs in April.

“The specter of inflation is concerning. It’s time for the federal government to turn off the spigot of spending trillions of dollars that drive up our national debt, a shameful burden our kids and grandkids will inherit,” Gov. Gianforte said. The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.8% over the month in April for total a 12-month increase of 4.2%, the largest 12-month increase since September 2008. Prices of used cars and trucks rose 10% in April and accounted for a third of the increase. Prices mostly increased across the board. The index for all items less food and energy, referred to as core inflation, increased 0.9% in April.

The Department of Homeland Security (DHS) and the Department of Labor (DOL) have published a joint temporary final rule  making available an additional 22,000 H-2B temporary nonagricultural guest worker visas for fiscal year (FY) 2021 to employers who are likely to suffer irreparable harm without these additional workers. Of the supplemental visas, 6,000 are reserved for nationals of the Northern Triangle countries of Honduras, El Salvador, and Guatemala.

DHS first announced the planned supplemental increase of 22,000 visas for the H-2B Temporary Non-Agricultural Worker program on April 20, 2021. The supplemental H-2B visa allocation consists of 16,000 visas available only to returning H-2B workers from one of the last three fiscal years (FY 2018, 2019, or 2020), and 6,000 visas for Northern Triangle nationals, which are exempt from the returning worker requirement.

“Today’s joint rule helps American businesses and addresses the need for robust worker protections,” said Secretary of Homeland Security Alejandro N. Mayorkas. “For the first time, we are setting aside supplemental visas for noncitizens from Northern Triangle countries, in furtherance of President Biden’s and Vice President Harris’ direction to expand legal pathways for protection and opportunity for individuals from those countries.”  

“The temporary final rule is designed to prevent permanent and severe financial loss to U.S. employers by supplementing the congressionally mandated H-2B visa cap, takes into account feedback from American businesses, employer organizations, and labor representatives, and is one piece of the administration’s broader comprehensive framework for managing migration throughout North and Central America,” said USCIS Acting Director Tracy L. Renaud. “This rule incorporates several key provisions to ensure adequate safeguards for U.S. workers and H-2B workers. The rule requires that employers take additional steps to recruit U.S. workers, and provides for “portability,” which allows H-2B workers already in the United States to begin employment with a new H-2B employer or agent once USCIS receives a timely filed, non-frivolous H-2B petition, but before the petition is approved. Portability enables H-2B workers to change employers more quickly if they encounter unsafe or abusive working conditions. DHS and DOL will also conduct a significant number of post-adjudication reviews to ensure compliance with the program’s requirements.”

Starting May 25, eligible employers who have already completed a test of the U.S. labor market to verify that there are no U.S. workers who are willing, qualified, and able to perform the seasonal nonagricultural work can file Form I-129, Petition for a Nonimmigrant Worker, to seek additional H-2B workers. They must submit an attestation with their petition to demonstrate their business is likely to suffer irreparable harm without a supplemental workforce. Additional details on eligibility and filing requirements are available in the temporary final rule and the Temporary Increase in H-2B Nonimmigrant Visas for FY 2021 webpage.

Big Sky Economic Development (BSED) will receive a $12,000 U.S. Bank Foundation Community Possible grant to be directed toward financial education for small businesses and workforce development initiatives.

The U.S. Bank Foundation is committed to making Community Possible through the areas of Work, Home and Play to create lasting change. The foundation does this by focusing on meaningful impact in the communities it serves and through meaningful partnerships with local nonprofits, like Big Sky Economic Development.

Bill Davies, U.S. Bank Regional President, said “We know that a strong small business environment and an educated workforce ensures the prosperity of our communities. We provide grant support to programs and organizations that help small businesses thrive, allow people to succeed in the workforce, provide pathways to higher education and gain greater financial literacy. Big Sky Economic Development is a tremendous advocate for small business and workforce development, and we can’t think of a better partner to help us fulfill this work.”

“This grant will allow us to continue our mission of helping small businesses start and grow in our region and allow us to continue to offer key programs related to workforce development,” said Steve Arveschoug, Executive Director for BSED.

The City of Billings hopes to be able to issue a request for bids for the Inner Belt Loop a year from now.

The City of Billings Planning Department released an update last week on the progress of the Inner Belt Loop as it relates to the federal Build Grant, which the city won to help fund the project.

City staff is in the process of meeting all the requirements outlined in the grant in order to enter into an agreement with the Federal Highways (FHWA) department. The agreement cannot be submitted until the construction documents are ready, which means the completion the right-of-way purchase, environmental documents and final construction documents. Staff expects to be able to submit all that information by fall, with another six months required for the FHWA review, putting an executed agreement into April 2022. 

Once the city receives the executed agreement from FHWA, the project will be put out for bid.

Billings was awarded $11.6 million in federal BUILD grant funds to construct the Inner Belt Loop and Skyline Trail in September 2020. The grant award was for only a portion of the requested sum of approximately $16.8 million to complete the Inner Belt Loop, and the pedestrian/bike trails, Skyline and Stagecoach. The City of Billings is supplementing the project with $7 million and $85,000 is being donated from Billings TrailNet.

City planning expected to receive six appraisals for right-of-way procurement at the end of April.

The city has also been in negotiation with an environmental professional who has completed the NEPA environmental process for other recent TIGER and BUILD grants, and believe that his services will cost less than $50,000 to do similar work for Billings. 

They anticipate completing the environmental scoping and contracting also by the end of April, with the environmental (NEPA) work completed within about 6 months.  The consultant will work to prepare the field review and reports, submittals by the consultant to various agencies, and review by agencies for approval.

A date will be announced for the official kick-off event of the project.

A new report released by EY finds that repealing the step-up in basis tax provision would damage the gross domestic product (GDP) and significantly decrease job creation. The study was conducted for the Family Business Estate Tax Coalition, which includes almost 60 organizations representing family-owned businesses.  

The EY study found middle-class, family-owned businesses would be particularly hard hit by the repeal. Currently, when someone inherits assets, they aren’t taxed on the appreciation that happened before they inherited them. If family-owned farms, small businesses or manufacturers are forced to pay capital gains accrued by the prior owner, they would likely face large tax bills that put the future of their business at risk.   

According to the study’s findings, repealing the step-up in basis would result in:  

* 80,000 fewer jobs in each of the first ten years;  

* 100,000 fewer jobs each year thereafter; and

* A $32 reduction in workers’ wages  for every $100 raised by taxing capital gains at death. 

It would also reduce GDP relative to the U.S. economy in 2021, by approximately: 

* $10 billion annually;

* $100 billion over 10 years. 

“Repealing stepped-up basis is not a free lunch for those looking to generate tax revenue and would have significant consequences in the multifamily marketplace,” said Doug Bibby, President of the National Multifamily Housing Council.