2005 Senate Bill 525 ↩

House Roll Call 309: Passed

To allow the “early stage venture capital investment corporation” created by <a href="http://www.michiganvotes.org/2003-SB-834">Public Act 296 of 2003</a> to use more than one fund management company or person. This entity was created to solicit money from investors for investment in selected companies chosen by the corporation, and may grant tax credits to investors to offset losses. The bill also changes the date by which this entity must be incorporated.