Introduced by Sen. Hansen Clarke (D) on June 12, 2008, to allow “21st Century Jobs Fund” money disbursed under the “private equity investment program” component of that multi-faceted business subsidy program to go to private equity funds that subcontract a business development office in the state to another firm. Under current law they have to run the office themselves.
Referred to the Senate Commerce & Tourism Committee on June 12, 2008.
1) 2008 Senate Bill 1382 (Loosen “21st Century Jobs Fund – equity investment program” requirements ) by admin on January 1, 2001 Introduced in the Senate on June 12, 2008