Regarding allowing ranchers to kill perceived "threatening wolves" (Senate Bill 200): Montana policy wolf qualifies it, from wolf conservationists' perspectives, as a backward wolf massacre state.
This attitude is evidenced by $19 tags for five wolves; not having a real quota; by having a trapping season beyond and through the hunting season; an attitude of "we need to drive down the population" without any science behind such thinking; an attitude of not holding the rancher responsible in any way for taking preventive, good husbandry, measures.
It is political management, not scientific management. Now it will be in evidence with a policy of allowing a rancher to kill a wolf "perceived" as a threat, which to a rancher and guests will likely mean any wolf seen, which will all equate to open season on wolves, with much of it on leased public land.
Wolves kill around 65 cattle annually in a state that has 5.5 million which is 0.001 percent. There are 3,776 leases on BLM land and 772 on national forest lands. Ranchers are reimbursed for losses. Oregon has a model for Montana, although Montana rule makers are too backward and obstinate to listen and learn. The Oregon wolf management model requires ranchers to have nonlethal deterrents in place and to have used them, and then only kill chronic offenders.
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Wolves are not vermin. Wolves are apex predators that are good for wildlife ecology, having a positive cascading effect throughout the food chain versus ecological unhealthy man wildlife killing.
References: The Hidden Life of Wolves, Jamie and Jim Dutcher; The Wolf Almanac, Robert Busch