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GA SR1132
Resolution
Status
Engrossed
3/22/2016
Primary Sponsor
Brandon Beach
Click for details
AI Summary
- Creates the Senate Study Committee on Venture Capital Investments in Georgia to study the feasibility, benefits, and detriments of increasing fund allocations to the Invest Georgia Program to grow Georgia-based companies
- Requires at least seven members, including three senators appointed by the President of the Senate (one designated as chairperson) and nonlegislative members from the Georgia Department of Economic Development, Atlanta Metro Chamber of Commerce, Department of Revenue, a Georgia-based venture capital fund, a private equity fund, Advanced Technology Development Centers, and the University System of Georgia
- Directs the committee to study conditions, needs, and issues related to venture capital investment in Georgia and recommend any necessary action or legislation
- Limits allowances and expenses to no more than five days per member unless additional days are authorized, with funding from Senate appropriations
- Requires the committee to file any approved report with the Secretary of the Senate and stands abolished on December 1, 2016
Legislative Description
Venture Capital Investments; Senate Study Committee; create
Last Action
Senate Passed/Adopted
3/22/2016
Full Bill Text
No bill text available