HB 476, by Rep. Jim Keane (D-Butte) authorizes the Montana Board of Investments to offer low interest loans to NorthWestern Energy to pay for a coal unloading facility at Colstrip. This sort of loan would enable the Colstrip plant to use coal from mines other than the Rosebud mine, or, to buy an increased share of the Colstrip plant.
Passed the House Federal Relations, Energy, and Technology Committee on an 8-4 vote. Passed the House Floor on a 71-28 vote. Passed the Senate Energy Committee on an 11-2 vote. Passed the Senate Floor on a 34-15 vote.
This bill was signed by Governor Bullock and has become law.
For more information contact Anne Hedges, MEIC, 461-9546. Oppose.