Tag: Job Creation and the Economy

Daines Secures $65 Million to Support Montana Jobs, Small Businesses

U.S. SENATE – U.S. Senator Steve Daines today announced that the U.S. Department of Treasury’s Community Development Financial Institutions Fund will be directing $65,000,000 to MoFi to boost economic growth to support and create jobs across Montana. “This critical funding will help create jobs and support small businesses across Montana’s communities,” Daines said. “I will continue working to ensure Montanans can get back to work and keep our small businesses up and running.”  Daines voted to secure funding for this grant through the New Markets Tax Credit (NMTC) Program. NMTC programs permits individual and corporate taxpayers to receive a non-refundable tax

Daines Announces Over $35 Million in PILT Funds for Montana’s Small and Rural Counties

U.S. SENATE – U.S. Senator Steve Daines today announced that the U.S. Department of the Interior (DOI) will be directing $35,166,221 in Payment in Lieu of Taxes (PILT) funds to Montana’s small and rural counties. “PILT payments provide critical support to Montana’s rural counties,” Daines said. “I’ve worked hard to support the PILT program which provides critical resources for essential services like emergency response efforts and transportation in Montana’s rural counties. Given the impacts of the COVID-19 pandemic, this funding is more important than ever.” The federal government directs PILT funds to local governments to offset the loss of property taxes from

President Trump Signs Daines’ Bipartisan Bill for Greater PPP Flexibility to Support MT Small Businesses, Workers Into Law

U.S. SENATE – Today, President Trump signed Senator Daines’ bipartisan bill giving greater flexibility under the Paycheck Protection Program (PPP) to support and provide more relief for Montana’s small businesses and workers impacted by the coronavirus pandemic. “The Paycheck Protection Program has already been very effective in Montana, and now with President Trump signing my bipartisan bill increasing flexibility for small business owners and workers under the program, it’ll be even better,” Daines said. “Under the PPP program, Montana small businesses will now have greater access to relief they need to stay open, support our workers and protect jobs. I’m

Daines’ Bipartisan Bill for Greater PPP Flexibility to Support Montana Small Businesses, Workers Heads to President’s Desk

U.S. SENATE – U.S. Senator Steve Daines today secured Senate passage of his bipartisan bill giving greater flexibility for the Paycheck Protection Program (PPP) to support and provide more relief for Montana’s small businesses and workers impacted by the coronavirus pandemic. The bipartisan bill now heads to President Trump’s desk to be signed into law.  “I’m glad to have secured passage of my bipartisan bill to increase flexibility in the Paycheck Protection Program to ensure Montana small businesses have the relief they need to stay open, support our workers and protect jobs,” Daines said. “My bipartisan proposal is the result

Daines Introduces Bipartisan Bill to Support Montana Small Businesses Impacted by Coronavirus

U.S. SENATE – U.S. Senator Steve Daines introduced bipartisan legislation to create a Small Business Local Relief Fund to provide economic relief for very small businesses with fewer than 20 workers during the ongoing COVID-19 pandemic. “This bipartisan legislation is about taking the decision making powers out of the hands of Washington D.C. and putting it in the hands of our local communities who know their own needs best,” Daines said. “We need more targeted action that strengthens local response and empowers our local economic development leaders to provide relief for our most vulnerable small and rural businesses in the

Daines Introduces Bill to Extend President Trump’s 60-Day Immigration Ban to Support American Workers

U.S. SENATE –U.S. Senator Steve Daines is introducing legislation to temporarily extend President Trump’s 60-day ban on immigration to support American workers and jobs as the nation begins to safely reopen the economy. Currently, President Trump’s 60-day ban expires on June 23rd, 2020. “I’m proud to back President Trump and his efforts to put the American worker first as we begin to safely reopen the economy and support those who lost their jobs because of the Coronavirus pandemic.” Daines said. “I will always fight to protect and put Montanan and American workers and jobs first.”   Daines legislation will extend the

Daines, Tester Lead Bipartisan Call to Help Montana Families and Businesses Avoid Bankruptcy

U.S. SENATE–U.S. Senators Steve Daines and Jon Tester are leading a call to include $700 million in funding for financial counseling to help families and small businesses avoid bankruptcy in the next coronavirus relief bill. In a letter to Senate leadership, Daines and Tester, along with a group of their Senate colleagues, urged an expansion of the funding for non-profit credit counseling services to help consumers and small businesses taking on loads of unsecured debt to keep the lights on during the crisis. “Counseling has proven to be an effective way for families to manage existing debt and avoid bankruptcy,”

Daines Urges Relief for Montana Low Income Communities During Coronavirus Pandemic

U.S. SENATE –U.S. Senator Steve Daines today sent a letter urging the Administration to provide relief for the Opportunity Zones Program to support low-income communities during the ongoing Coronavirus pandemic. “As we work together to ensure the American economy recovers to the historic growth levels it was experiencing just months ago, we must also ensure that our low-income communities are not left behind as we return to business as usual,” Daines wrote. “Relief focused on giving stakeholders, projects, and businesses additional time and flexibility to meet Opportunity Zone requirements, timelines, and thresholds will enable Opportunity Zone businesses to weather the

Daines: We Must Bring Drug Manufacturing Back to America, Reduce Dependency on China

U.S. SENATE –U.S. Senator Steve Daines is pushing legislation to end the United States’ reliance on China for drug and medical equipment manufacturing and bring those jobs back to the United States. “America cannot continue to rely on foreign countries like China to manufacture our PPE and critical drugs,” Daines said. “China’s lack of transparency and cover up of the virus made this global pandemic much worse—it costs lives and devastated our booming economy. The coronavirus has made it clear that we must bring drug manufacturing and medical equipment jobs back to the United States and strengthen our capacity to respond to

Daines Successfully Secures Expanded Eligibility for Montana Seasonal Businesses, Workers Under PPP

U.S. SENATE –U.S. Senator Steve Daines today announced he successfully had the Paycheck Protection Program (PPP) guidelines expanded to offer fair relief for Montana seasonal businesses and workers. “This is about ensuring Montana’s seasonal small businesses and workers are eligible for relief during the coronavirus pandemic,” Daines said. “Over 10% of Montana workers are seasonal employees and the way the Paycheck Protection Program was originally written, those workers and small businesses would’ve had a much harder time getting relief. I am thankful to the Trump administration for acting swiftly on my request to expand the program to help Montana workers