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GA HB1138

Bill

Official Source

Status

Engrossed

2/27/2024

Primary Sponsor

Dar'shun Kendrick

Click for details

Origin

House of Representatives

2023-2024 Regular Session

AI Summary

  • Amends Code Section 10-10-14 governing the Invest Georgia Fund to add a new factor the fund administrator must consider when selecting venture capital funds for investment
  • Requires that selected venture capital funds "promote and reflect the demographic makeup of Georgia"
  • Adds this demographic consideration as a new subparagraph (E) to the existing list of selection criteria in paragraph (3) of subsection (e)
  • Sponsored by Representative Kendrick of the 95th District

Legislative Description

Invest Georgia Fund; provide additional factor that the fund administrator shall consider in the selection of venture capital funds

Last Action

Senate Read Second Time

3/18/2024

Committee Referrals

Economic Development and Tourism2/29/2024
Economic Development and Tourism2/7/2024

Full Bill Text

No bill text available