TechMaine Legislative Update - March 9

TechMaine Legislative Update

Here's a quick overview of the legislation that TechMaine is following

LD 1 An Act To Stimulate Capital Investment for Innovative Businesses in Maine (formerly known as the Fund of Funds)

• Moved from the Business Research and Economic Development Committee (Ought to Pass)
• Passed by both the House and Senate
• Awaiting Governor Baldacci's Signature

Background Information:

• LD 1
• Fund of Funds

ACTION:

• One More Step - Contact the Governor and the Press

LD 1665 An Act to Prevent the Spread of H1N1

• Legislators on the committee were split and postponed a vote until Thursday, March 10.

Background Information:

• LD 1665

ACTION:

• Contact the Committee Members and ask that they not support this bill in any form.

LD 1666 An Act To Improve the Seed Capital Investment Tax Credit Program