Helena, Montana 59601

Phone/Fax 406-443-2370

April 12, 2009

LOBBYIST ACTIVITY REPORT

2009 LEGISLATIVE SESSION

WEEK FOURTEEN

(April 5, 2009 – April 11, 2009)

During Week Fourteen of the 2009 Legislative Session, I followed this proposed legislation:

SB 303: "AN ACT REQUIRING THAT SECTIONS OF THE STATE WATER PLAN

ADDRESS VARIOUS WATER ISSUES WITHIN THE CLARK FORK, FLATHEAD, MISSOURI, AND YELLOWSTONE RIVER BASINS; CREATING A WATER USER COUNCIL COUNCILS; AND AMENDING SECTION 85-1-203, MCA." I provided testimony in support of this legislation.

SB 503: "AN ACT PROVIDING FOR MONTANA ECONOMIC STIMULUS; PROVIDING A 5 PERCENT CAPITAL GAINS CREDIT FOR THE SALE OF A MONTANA BUSINESS THAT WAS ESTABLISHED DURING A CERTAIN TIME PERIOD AND THAT HAS BEEN IN OPERATION FOR OR HAS EMPLOYED A CERTAIN PERCENTAGE OF MONTANA EMPLOYEES FOR AT LEAST 10 YEARS; PROVIDING THAT 50 PERCENT OF ANY BONUS DEPRECIATION RECAPTURED UNDER FEDERAL TAX LAW ORIGINALLY TAKEN FOR ECONOMIC RECOVERY IS DEDUCTIBLE FOR INDIVIDUAL INCOME TAX AND

CORPORATE LICENSE TAX PURPOSES; PROVIDING THAT TO QUALIFY THE SUBJECT PROPERTY OF THE RECAPTURE MUST HAVE BEEN FABRICATED OR ASSEMBLED IN MONTANA AND SOLD DURING SPECIFIED TIMES; PROVIDING FOR A CAPITAL GAINS TAX FOR SALE OF CERTAIN TANGIBLE AND INTANGIBLE MONTANA BUSINESS PROPERTY OR QUALIFYING STOCK OF A MONTANA BUSINESS; PROVIDING THAT THE PROPERTY MUST HAVE BEEN HELD FOR AT LEAST 5 YEARS; PROVIDING THAT THE RATE FOR DETERMINING THE CREDIT INCREASES FROM 2 PERCENT TO 5 PERCENT OVER A 20-YEAR PERIOD; AMENDING SECTIONS 15-30-121, 15-30-183, AND 15-31-114, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE AND A RETROACTIVE APPLICABILITY DATE." I am continuing to monitor this legislation.

HB 464: "AN ACT CREATING THE ADVANCING AGRICULTURAL EDUCATION IN MONTANA PROGRAM ACCOUNT; AND PROVIDING FOR THE USE OF THE ACCOUNT." I supported this legislation.