2015 House Bill 4195

Senate Roll Call 470: Passed

To prohibit the state from pledging any more future tax revenue to guarantee investor returns under an "early stage venture capital investment" scheme authorized by a 2003 law. The bill would not affect several other government "venture capital" schemes however, including a "Venture Capital Development" program under the Granholm-era "21st Century Jobs Fund" rubric, a "Venture Match Fund," a "Venture Development Fund," an “Accelerator Fund,” past grants to a "Venture Capital Association" and more.

36 Yeas / 0 Nays
Republican (25 Yeas / 0 Nays)
Democrat (11 Yeas / 0 Nays)
Excused or Not Voting (2)