8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

June 3, 2019

Date of Report (date of earliest event reported)

BION ENVIRONMENTAL TECHNOLOGIES, INC.

Exact name of Registrant as Specified in its Charter

Colorado	000-19333	84-1176672
State or Other Jurisdiction of Incorporation	Commission File Number	IRS Employer Identification Number

Box 566/1774 Summitview Way

Crestone, Colorado 81131

Address of Principal Executive Offices, Including Zip Code

(212) 758-6622

Registrant's Telephone Number, Including Area Code

Not applicable

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Securities Act. ☐

 Securities registered pursuant to Section 12(b) of the Securities Exchange Act:

Title of each class:	Trading Symbol	Name of each exchange on which registered
Common Stock	BNET	OTC QB

ITEM 7.01 REGULATION FD DISCLOSURE.

On June 3, 2019, the Company issued a press release titled ‘Bion Announces Key Legislation Introduced in Pennsylvania Senate Committee’ which has been placed on the Investor page of the Company's website.

ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS.

(a)       Financial Statements of Businesses Acquired

Not Applicable.

(b)       Pro Forma Financial Information

Not Applicable.

(c)       Shell Company Transactions

Not Applicable.

(d)       Exhibits.

Exhibit Number	Description
99.1	Press Release titled ‘Bion Announces Key Legislation Introduced in Pennsylvania Senate Committee’ (June 3, 2019).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BION ENVIRONMENTAL TECHNOLOGIES, INC.
Date:  June 3, 2019	By: /s/ Mark A. Smith Mark A. Smith, President

EX-99.1

Exhibit 99.1

 

Bion Announces Key Legislation Introduced in Pennsylvania Senate Committee

June 3, 2019. New York. New York. Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment technology, announced that Pennsylvania Senate Bill (SB) 575 was introduced in the PA Senate Environmental Resources and Energy Committee. SB 575 proposes to implement a nutrient procurement program, utilizing competitive bidding, that the private sector can participate in to provide lower-cost clean water solutions to Pennsylvania and its taxpayers.

SB 575 represents a bipartisan approach to meeting both Pennsylvania’s local water quality targets, as well as their Chesapeake Bay mandates, by implementing the recommendation of the Pennsylvania Legislative Budget and Finance Committee’s study which projected that a competitively bid nutrient procurement program could reduce Chesapeake Bay federal environmental compliance costs by up to 90 percent. Senator Gene Yaw, Chairman of the Senate Environmental Committee is the bill’s primary sponsor. The co-sponsors include Senate leadership on both sides of the aisle.

SB 575’s full text and sponsors can be reviewed on the Pennsylvania General Assembly’s website at https://www.legis.state.pa.us/cfdocs/billInfo/billInfo.cfm?sYear=2019&sInd=0&body=S&type=B&bn=0575. Subscribe to SB 575 notifications at https://www.legis.state.pa.us/login/.

____________________________________________

Bion provides comprehensive treatment and resource recovery for animal waste from large-scale livestock production facilities. The technology platform achieves dramatic verified reductions in environmental impacts, including nutrients (nitrogen and phosphorus), ammonia, greenhouse and other gases, as well as pathogens in the waste stream, while improving resource and operational efficiencies through the production of valuable coproducts. For more information, see Bion’s website, www.biontech.com.

This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words ‘proposes’, 'can', and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes.

Contact Information:

Craig Scott

Director of Communications

303-843-6191 direct