2005 Senate Bill 533 (Borrow $1 billion for “competitive edge technology” spending ) (Senate Roll Call 494)
Passed in the Senate (34 to 4) on October 19, 2005, to create a "Strategic Economic Investment and Commercialization Board” to select which entities will be given the $1 billion in subsidies proposed by House Bill 5047 for research, development, marketing and commercialization of various “competitive edge” technologies, including state ownership of shares of private companies. [History, Amendments & Comments]
The vote was 34 in favor, 4 opposed, and 0 not voting
(Senate Roll Call 494 at Senate Journal 92)
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The following legislators supported 2005 Senate Bill 533 (Borrow $1 billion for “competitive edge technology” spending ):
The following legislators opposed 2005 Senate Bill 533 (Borrow $1 billion for “competitive edge technology” spending ):
| Cassis (R) | Gilbert (R) | Sanborn (R) | Toy (R) |
The following legislators did not vote on 2005 Senate Bill 533 (Borrow $1 billion for “competitive edge technology” spending ):
Most Recent Comments
1) Senate Bill 533 [by Anonymous Citizen on October 23, 2005]I am not in any way confident in the $1 billion 21st century jobs idea. This state bureaucracy has shown over and over again the lack of ability to be efficient, logical and get results. Ihis state has become so discriminatory in its various economic edicts by giving tax breaks to this one but not that one and to make a renaissance zone here but not there and to show favoritism in general. I am not sure how they can get away with these discriminatory practices. Maybe we could declare the "whole state" a renaissance zone instead (DUH!). It sort of reminds me of the old communist states who tried to control everything and did great and terrible harm in the process. As usual I am appalled again!
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...give the money back to the taxpayers NOW, instead of taking it from them piecemeal down the line to pay for this debacle.
I, and I feel confident to say everyone else for that matter, can spend their own money a lot better that those in Lansing can.
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i'm an undergraduate @ wayne state and the "omnibus" will seriously raise my tuition (AGAIN) by drastically reducing Wayne's funding (AGAIN). The 553 bill appropriates $ to businesses, not the universities (welfare, prisons, medicaid, etc) that they're taking it from. The bill should give the $ back to the universities (etc).
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