Delaware Senate Bill 286 (Prior Session Legislation)

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Spectrum: Strong Partisan Bill (Democrat 10-1)
Status: Engrossed on June 30 2016 - 50% progression, died in chamber
Action: 2016-06-30 - Passed by Senate. Votes: Passed 12 YES 9 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Text: Latest bill text (Draft #1) [HTML]

This Act creates the Technology Commercialization Fund. The primary purposes of the Act are as follows: (1) Help fund and develop new businesses in Delaware focused upon innovative cutting edge technologies, especially in the fields of Advanced Materials, Renewable Energy Technology, Environmental Technology, Fuel Cell Technology, Nanotechnology, Optics, Information Technology, and Biotechnology & Life Science in which Delaware’s institutions of higher learning are acknowledged leaders; (2) Create job opportunities in Delaware for Delaware’s young citizens in areas of innovation and technology that are poised to grow in the 21st century economy; (3) Assist Delaware State University and the University of Delaware in commercializing technology breakthroughs by providing funding and the opportunity to grow businesses and jobs in Delaware, and provide employment opportunities for their graduates in Delaware; and (4) Support entrepreneurship and innovation in Delaware. The Delaware Technology Commercialization Fund will address the “Valley of Death” of early stage technology companies and catalyze the commercialization progress of new technology innovation.

An Act To Amend Title 29 Of The Delaware Code Relating To A Technology Commercialization Fund.

Sen. Harris McDowell [D]	Rep. Gerald Brady [D]	Sen. Patricia Blevins [D]	Sen. Colin Bonini [R]
Sen. Bruce Ennis [D]	Sen. Margaret Henry [D]	Sen. Robert Marshall [D]	Sen. David Sokola [D]
Rep. Debra Heffernan [D]	Rep. Sean Lynn [D]	Sen. Charles Paradee [D]

Date	Chamber	Action
2016-06-30	Senate	Passed by Senate. Votes: Passed 12 YES 9 NO 0 NOT VOTING 0 ABSENT 0 VACANT
2016-06-29	Senate	Reported Out of Committee (BANKING AND BUSINESS) in Senate with 4 On Its Merits
2016-06-24	Senate	Assigned to Banking and Business Committee in Senate

Type	Source
Summary	http://legis.delaware.gov/LIS/lis148.nsf/2bede841c6272c888025698400433a04/d26bd5e7bf34576885257fcb006626e6?OpenDocument
Text	http://legis.delaware.gov/LIS/lis148.nsf/vwLegislation/SB+286/$file/legis.html?open