HELENA — Business groups and others denounced one of Gov. Steve Bullock’s key revenue-raising proposals as risky and discriminatory at a hearing at the special legislative session on Monday. Bullock’s plan would temporarily require the workers’ compensation State Fund to pay a 3 percent management fee on its assets exceeding $1 billion that are invested by the State Board of Investments. The bill, if enacted, is projected to raise $30 million over the two-year period before the fee goes off the books in June 2019. (more…) Continue Reading →
