Notice: Passwords are now case-sensitive
Forgot your password? Register a new account

Connections

Groups

Community Requests

Lawmakers Review MSF Fee Proposal as Special Budget Session Kicks Off

Tuesday, November 14, 2017 | 174 | 0 | 0 min read

State lawmakers looking to address a projected $227 million budget deficit reviewed a proposal Monday to impose a management fee on certain assets owned by the Montana State Fund. Laurence Hubbard A joint hearing of the House Business and Labor and the Senate Business, Labor and Economic Affairs committees held its first hearing on Senate Bill 4, which would authorize a 3% “management fee” on the State Fund’s investment portfolio. The bill requested by Gov. Steve Bullock and sponsored by Sen. Edward Buttrey, D-Great Falls, is forecast to bring $29.7 million into the state...

Purchase this story for only $9.16!Add to Cart


For access to all of our articles, check out our subscription options.

Comments

Be the first to comment.

Related Articles