Friday, March 20, 2009
Senator Encourage Small Businesses With Bill
Entreprenuers may have more incentive to start a business in Montana if a Senate bill passes. A Billings Senator is propsing a bill called the Montana Economic Stimulus Act. The bill would provide a five percent capital gains credit for the sale of a Montana business which has been running for at least ten years in the state. To gain the credit, the business must be established or move its principal business location to the state within a certain time period. Legislative News Reporter Natalie Neumann found out why the bill is called the Montana Economic Stimulus Act.
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