-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NheHPo32m+PSmnOOTfpSJ7QlTEh8OivbojKnh11Fbb/QSoO5H7G+13HrjKdcJMLx
 NQPDHI8wS+LLU44mS6MEmA==

<SEC-DOCUMENT>0001437904-11-000004.txt : 20110104
<SEC-HEADER>0001437904-11-000004.hdr.sgml : 20110104
<ACCEPTANCE-DATETIME>20110104153221
ACCESSION NUMBER:		0001437904-11-000004
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110101
FILED AS OF DATE:		20110104
DATE AS OF CHANGE:		20110104

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			O'Neill William
		CENTRAL INDEX KEY:			0001508950

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19333
		FILM NUMBER:		11505445

	MAIL ADDRESS:	
		STREET 1:		BOX 566
		CITY:			CRESTONE
		STATE:			CO
		ZIP:			81131

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BION ENVIRONMENTAL TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0000875729
		STANDARD INDUSTRIAL CLASSIFICATION:	AGRICULTURE CHEMICALS [2870]
		IRS NUMBER:				841176672
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		C/O BOX 566
		STREET 2:		1774 SUMMITVIEW WAY
		CITY:			CRESTONE
		STATE:			CO
		ZIP:			81131
		BUSINESS PHONE:		(212) 758-6622

	MAIL ADDRESS:	
		STREET 1:		C/O BOX 566
		STREET 2:		1774 SUMMITVIEW WAY
		CITY:			CRESTONE
		STATE:			CO
		ZIP:			81131

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RSTS CORP
		DATE OF NAME CHANGE:	19930328
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0203</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2011-01-01</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000875729</issuerCik>
        <issuerName>BION ENVIRONMENTAL TECHNOLOGIES INC</issuerName>
        <issuerTradingSymbol>BNET</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001508950</rptOwnerCik>
            <rptOwnerName>O'Neill William</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>BOX 566</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CRESTONE</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>81131</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Options (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>3.1</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2011-01-01</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-12-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>750000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Of the 750,000 options, 300,000 shares shall vest immediately and 450,000 shares shall vest at the rate of 28,125 every three months commencing March 31, 2011 and ending December 31, 2014.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ William E. O'Neill</signatureName>
        <signatureDate>2011-01-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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