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Montana Legislative Interim Newsletter October 2005 including legal opinions regarding the constitutionality of SB 133 (Equity Capital Investment Bill)

October 4, 2005 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

The Interim newsletter is published monthly (except during regular legislative sessions) by the Legislative Services Division.

The Interim contains articles related to interim committee work, general Legislative Branch news, and other articles of legislative interest.

The last page(s) of The Interim contains a calendar of upcoming meetings and events of interest.

Newsletter http://leg.state.mt.us/content/publications/interim_newsletter/Interim_05OCT2.pdf

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Legal Opinion from Dorsey & Whitney Attorney Joseph Gonnella on SB133 – Equity Capital Investment Bill http://www.matr.net/files/Dorsey.pdf

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FROM: Greg Petesch

RE: Senate Bill No. 133

I am writing in response to your request for an analysis of Senate Bill No. 133 and an analysis of
an August 10, 2005, memorandum to David Ewer concerning the constitutionality of Senate Bill
No. 133. Senate Bill No. 133 is the Montana Equity Capital Investment Act, enacted as Chapter
537, Laws of 2005.

Full Analysis: http://www.matr.net/files/SB133analysis.pdf

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Fund of Fund Programs in Selected States, with Start-Up Costs

http://www.matr.net/files/SB133startupcosts.pdf

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(Many thanks to Pat Murdo, Lead Staff of the Legislative Economic Affairs Interim Committee for passing this information along. Russ )