2009 House Bill 5099

House Roll Call 348: Passed

To allow the “strategic economic investment and commercialization board” that is one component of the “<a href="http://www.michiganvotes.org/2005-HB-5047">21st Century Jobs Fund</a>” to provide subsidies in the form of loans, convertible loans, equity investments, and warrants. Also, to authorize subsidies for so-called “accelerator funds,” defined as an “investment fund targeted at early stage technology companies”.

94 Yeas / 15 Nays
Democrat (64 Yeas / 3 Nays)
Republican (30 Yeas / 12 Nays)
Excused or Not Voting (1)