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SF 1666

1st Engrossment - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - 1st Engrossment

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A bill for an act
relating to bioscience and technology; establishing a bioscience business
promotion and marketing program in the Department of Employment and
Economic Development; appropriating money.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin MINNESOTA BIOSCIENCE BUSINESS PROMOTION AND
MARKETING PROGRAM; APPROPRIATIONS.
new text end

new text begin $500,000 in fiscal year 2007, $500,000 in fiscal year 2008, and $500,000 in fiscal
year 2009 are appropriated from the general fund to the commissioner of employment and
economic development to develop and operate a bioscience business marketing program
to market Minneota bioscience businesses and business opportunities to other states and
other countries. The bioscience business marketing program must emphasize bioscience
business location and expansion opportunities in communities outside of the seven-county
metropolitan area as defined in Minnesota Statutes, section 473.121, subdivision 2, that
have established collaborative plans among two or more municipal units for bioscience
business activities, and that are within 15 miles of a four-year, baccalaureate degree
granting institution or a two-year technical or community college that offers bioscience
curricula. The commissioner must report to the committees of the senate and house of
representatives having jurisdiction over bioscience and technology issues by February 1 of
each year on the expenditures of these funds and the promotional activities undertaken to
market the Minnesota bioscience industry to persons outside of the state. This is a onetime
appropriation and is available until expended.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end