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

October 18, 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 October 18, 2019, the Company issued a press release titled ‘Bion Announces Key Legislation Calendared in Pennsylvania House 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 Calendared in Pennsylvania House Committee’

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:  October 21, 2019	By:  /s/ Mark A. Smith Mark A. Smith, President

EX-99.1

Exhibit 99.1

 

Bion Announces Key Legislation Calendared in Pennsylvania House Committee

October 18, 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 575 has been calendared in the PA House State Government Committee for a hearing on October 22, 2019.

Senate Bill (SB) 575 passed the Senate in a bipartisan 33 to 17 vote on June 26, 2019; it was cosponsored by Senate leadership from both parties. The bill proposes to implement a nutrient procurement program, utilizing competitive bidding, that will allow Pennsylvania and its taxpayers to acquire lower-cost clean water solutions, regardless of source, including from private sector technology providers like Bion. A bipartisan legislative study found that a competitive procurement program could save the State’s taxpayers as much as 90 percent of their looming multi-billion-dollar Chesapeake Bay compliance costs.

Craig Scott, Bion’s communications director, said, “We are very excited we’re now in the PA House with this commonsense piece of legislation, for the first time since we introduced the concept of competitive procurement in the PA Senate in 2013. Its time has come. We are confident that the high-impact solutions and dramatic taxpayer savings represented by SB 575 will have the same bipartisan appeal to House members as it did in the Senate.”

SB 575’s full text, sponsors and history are 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/.

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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

Contact Information:

Craig Scott

Director of Communications

303-843-6191 direct