Wednesday, April 27, 2011
Today the legislature-the house- voted down House Bill 439 that provided bond financing for projects to be constructed by the State of Montana. This bill would not have been enacted unless tax revenues exceeded a level that would have allowed funding of the projects within the bill. The fact that these projects will not happen eliminates the possibility for significant work for architects, engineers, general contractors and subs within our state. This will essentially mean no new state building projects for two years. I saw this as Montana's opportunity to show some sign that the economy was going to turn the corner. In communities like Billings and Missoula where two major projects were planned at the Universities, this confidence building opportunity will not happen.