(Washington D.C.)- Montana’s senior U.S. Senator Max Baucus today applauded final passage of tax cuts and infrastructure investments designed to create good-paying jobs in Montana and the nation. The job-creation tax cuts, known as the Hiring Incentives to Restore Employment (HIRE) Act, were originally proposed as part of a package authored by Baucus, chairman of the powerful Senate Finance Committee.

“This is good news for Montanans and Montana businesses,” Baucus said. “The bill we passed today is a targeted approach designed to get folks back to work right away by creating jobs to rebuild our country’s infrastructure and providing tax cuts for businesses to hire new workers.  Passing the HIRE Act represents a critical victory in our job-creation agenda and we will continue working to get Montanans and all Americans back to work this year.”

The measure includes several tax provisions to help boost employment. For example, it will exempt employers from paying some payroll taxes if they hire workers who have been unemployed for at least 60 days. The bill also extends the Highway Trust Fund, boosting construction jobs while improving the nation’s infrastructure.

Today the Senate passed the HIRE Act as modified with a bipartisan vote of 68 to 29. The bill will now go to the President for his signature.