8-K

                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549

                                   FORM 8-K

                                CURRENT REPORT

                      Pursuant to Section 13 of 15(d) of the
                         Securities Exchange Act of 1934


                              January 11, 2010
              ------------------------------------------------
              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    Commission File   IRS Employer Identification
     of Incorporation              Number                  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))



ITEM 7.01  REGULATION FD DISCLOSURE.

     The Company issued the press release on January 11, 2009 (attached
hereto as Exhibit 99) regarding the Company's comments, dated January 8,
2010, filed with the Federal Leadership Committee on the Chesapeake Bay
('Committee') concerning the Committee's Draft Strategy for Protecting and
Restoring the Chesapeake Bay.

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 99  Press Release regarding the Company's comments, dated
                 January 8, 2010, filed with the Federal Leadership Committee
                 on the Chesapeake Bay


                                  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:  January 11, 2010               By:/s/ Mark A. Smith
                                         Mark A. Smith, President

EX-99

EXHIBIT 99

                      BION ENVIRONMENTAL TECHNOLOGIES, INC.



FOR IMMEDIATE RELEASE
Monday, Jan. 11, 2010

Clean-tech innovator says livestock waste can be Bay-area farmers'
opportunity, instead of leading source of pollution

Saving the Bay requires a new approach to address a huge gap between the
pollution caused by livestock waste and the dollars available to treat it.

So says a company that takes a high-tech approach to handling the huge
volumes of nutrient waste from the region's livestock - presently the leading
source of pollution in the Chesapeake Bay partly because it is so spread out.

"Nitrogen pollution from livestock waste is the Bay's biggest challenge. But
we've found ways to transform that challenge into economic opportunities for
livestock producers," said Jeremy Rowland of Bion Environmental Technologies
(OTC BB: BNET), a livestock waste treatment technology company with a
successful commercial-scale demonstration project completed in Texas, and
projects under development in Pennsylvania and New York.

Bion's vision for consolidating the manure from Bay-area farms and treating
its nutrients before they volatilize in large quantities to the atmosphere as
ammonia can be seen in comments Bion filed Jan. 7 with the Federal Leadership
Committee on the Chesapeake Bay. The Committee was created by presidential
order last May.

Bion commented in support of interstate trading and regional livestock waste
treatment facilities that can address the ammonia problem that present
environmental regulations do not even touch.

Byproducts from such treatment facilities will include bioenergy and organic
fertilizers that put the livestock nutrients to good use rather than allowing
them to enter the Bay. In addition, these treatment facilities will reduce
odor, flies, pathogens, phosphorous, and particulates, all of which impact
the local community's environment and the public health.

"The small livestock farms need to be part of the solution," Rowland said.
"They have experienced extremely difficult economic times during the past
five years, and they understand that the status quo is not working
economically for them. Small livestock farms need to restructure to meet both
present and future environmental and economic challenges, and that will
require financial transition assistance."

                                    (MORE)




Bion: Bay-area waste can be livestock farmer's opportunity
Page 2

Rowland said livestock agriculture is the "low hanging fruit" because
regional livestock waste  treatment facilities based on currently available
technologies like Bion has developed would cost 30-80% less per pound of
nitrogen reduced than it would cost to address point source releases (like
municipal wastewater plants) or to deal with the nitrogen once it enters
storm water. The huge financial savings could be used to provide transition
funds to enable livestock farmers to meet their environmental and economic
challenges, and in return provide the taxpayer with the most cost effective
long-term environmental solution.

Bion's comments suggest that federal policymakers have a long way to go to
turn loose the private market forces that can transform farm pollution.
"You've got a policy that is not focused on what needs to be done, which is
to enable the livestock farmers to reduce their environmental impacts while
maintaining their economic viability," said Craig Scott, Bion's Vice
President for Capital Markets and Investor Relations. "This is not going to
be done just by government regulation, or technology alone. You need a
framework of flexible policies built on current science-based metrics to
produce cost-effective results - with no environmental backsliding - rather
than an agenda for preserving the status quo at any cost."

"Essentially the government has to get the policies right, including
verifiable performance-based incentives, and then let the marketplace
determine the solutions that produce the desired result," Scott said.

Among Bion's comments, dated Jan. 8, 2010, on the federal committee's Draft
Strategy for Protecting and Restoring the Chesapeake Bay, are the following:

*  Ammonia is the leading contributor to nitrogen in the Bay yet is not
   accurately accounted for and remains unregulated: "Nitrogen emitted by
   livestock manure ammonia from Pennsylvania's Susquehanna River watershed
   dairy, cattle, and layers is greater than any other individual source of
   nitrogen to the Chesapeake Bay watershed... [yet] Federal and state
   regulatory agencies, including the EPA, currently lack the authority to
   regulate air emissions from livestock.  As a result, regulatory agencies
   focus their efforts to reduce excess nitrogen loadings to the CB watershed
   on sources they can regulate rather than necessarily on those that
   contribute the greatest nutrient load."

*  The resulting pollution is costly and represents an enormous lost
   opportunity: "The annual release of nitrogen in the form of ammonia from
   dairy, swine and poultry livestock within the Susquehanna Watershed of
   Pennsylvania [is estimated by USDA] at 100-140 million pounds... The
   combined capital and operating cost of reducing nitrogen delivered load
   from livestock waste once it has escaped into the environment is 3 to
   10 times greater than when treated at scale at its agricultural source
   [as Bion would do]."

                                    (MORE)



Bion: Bay-area waste can be livestock farmer's opportunity
Page 3

*  Bion's unique technology turns ammonia into a resource: "Its unique
   technology platform enables Bion to reduce nutrient loss from livestock
   operations (including significant reductions in airborne ammonia) while
   also reducing greenhouse gas emissions, odor, pathogens and endocrine
   disrupting compounds. Bion's technology also generates renewable energy
   from captured cellulose in the waste stream."

Bion claims that municipalities, livestock farmers, and taxpayers can all
benefit financially if ammonia is correctly factored into the federal plan
for saving the Bay. Such a plan could then become a national success story
and a model for other watersheds including the Mississippi River basin.

The full text of Bion's comments on the Bay strategy is posted at
http://biontech.com/news/docs/Bion-Response-CB-DS.pdf

For interviews with Jeremy Rowland, Chief Operating Officer of Bion Services
Group and an expert in renewable energy who was formerly with the URS Corp.,
and Craig Scott, Bion Environmental Technology's Vice President for Capital
Markets and Investor Relations, please contact Peter Kelley at
peter@renewcomm.com, 301-887-1060 x115.

Bion Environmental Technologies has provided environmental treatment
solutions to the agriculture and livestock industry since 1990. Bion's
patented next-generation technology provides a unique comprehensive treatment
of livestock waste that achieves substantial reductions in nitrogen and
phosphorus, ammonia, greenhouse and other gases, and pathogens. Bion recovers
cellulosic biomass from the waste stream to produce renewable energy. Bion is
publicly traded: OTC BB: BNET.