CS/CS/HB 83 (2007) -  Venture Capital Funds

General Bill by Policy & Budget Council and Economic Expansion & Infrastructure Council and Grant (CO-SPONSORS) Ambler; Brandenburg; Harrell; Nelson; Traviesa
Venture Capital Funds: Creates "Florida Capital Formation Act"; requires Enterprise Florida, Inc., to facilitate creation of Florida Opportunity Fund to increase availability of seed capital & early stage venture equity capital for emerging companies in state creating new businesses & jobs; specifies fund criteria, purpose, & duties; provides for board of directors & its duties; provides investment requirements for fund & contract for investment manager; creates Institute for the Commercialization of Public Research to commercialize products of public research; establishes board & provides duties for board & institute; prohibits charging certain fees; includes commercialization of products & services from research & development conducted at state universities under 21st Century Technology, Research, & Scholarship Enhancement Act; establishes grant program; requires Florida Technology, Research & Scholarship Board to review & approve grants based upon guidelines; requires match; requires annual reports; requires OPPAGA review & evaluation of Florida Capital Formation Act; provides appropriations.
Effective Date: July 1, 2007.
Last Event: 06/19/07 Approved by Governor; Chapter No. 2007-189; See also CS/CS/HB 131 (Ch. 2007-190) on Tuesday, June 19, 2007 7:46 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/HB 131 Subject: Pub. Rec. & Meetings/Florida Opportunity Fund, Institute for the Commercialization of Public Research, & Florida Technology, Research, & Scholarship Board Relationship: Linked
Bill #: CS/CS/CS/CS/SB 2420 Subject: Venture Capital Investment [EPCC] Relationship: Similar
Bill #: HB 1521 Subject: Commercialization of Products, Patents, and Processes Resulting from Publicly Supported Research Relationship: Compare
Bill #: CS/SB 1074 Subject: State University Research Commercialization Prog. [FPCC] Relationship: Compare
Bill #: CS/CS/SB 1762 Subject: Florida Capital Formation Act [EPCC] Relationship: Compare
Bill #: CS/CS/CS/SB 2414 Subject: State Univ. Products & Services Commercialization [SPCC] Relationship: Compare
Bill #: CS/SB 2416 Subject: Pub. Rec./Technology, Research, & Scholarship Bd. [SPCC] Relationship: Compare
Bill #: CS/SB 2612 Subject: Pub. Rec./Business Information [EPCC] Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Policy & Budget Council 4/23/2007 9:37:19 PM
Chamber: House Committee: Policy & Budget Council 4/22/2007 9:01:43 PM
Chamber: House Committee: Economic Expansion & Infrastructure Council 4/18/2007 1:39:35 PM
Chamber: House Committee: Economic Expansion & Infrastructure Council 4/16/2007 2:45:10 PM
Chamber: House Committee: Committee on Economic Development 2/8/2007 1:35:15 PM
Chamber: House Committee: Committee on Economic Development 2/6/2007 4:12:18 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/26/2007 05:01 PM   Yeas: 116 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 245] Barcode:
Chamber: Senate Date: 05/01/2007 11:11 AM   Yeas: 37 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 9] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Approved by Governor; Chapter No. 2007-189; See also CS/CS/HB 131 (Ch. 2007-190) Time: 06/19/2007 - 7:46 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/11/2007 - 5:16 PM Member: Committee: Version: er
Event: H Ordered enrolled Time: 05/01/2007 - 11:37 AM Member: Committee: Version: c2
Event: H In Messages Time: 05/01/2007 - 11:37 AM Member: Committee: Version: c2
Event: S CS passed; YEAS 37 NAYS 0 -SJ 00742 Time: 05/01/2007 - 11:11 AM Member: Committee: Version: er
Event: S Read 3rd time -SJ 00742 Time: 05/01/2007 - 11:08 AM Member: Committee: Version: er
Event: S Read 2nd time -SJ 00726 Time: 04/30/2007 - 2:02 PM Member: Committee: Version: er
Event: S Substituted for CS/CS/CS/CS/SB 2420 -SJ 00726 Time: 04/30/2007 - 2:02 PM Member: Committee: Version: er
Event: S Withdrawn from Commerce; Governmental Operations; Finance and Tax; Transportation and Economic Development Appropriations -SJ 00726 Time: 04/30/2007 - 2:02 PM Member: Committee: Version: er
Event: S Received, referred to Commerce; Governmental Operations; Finance and Tax; Transportation and Economic Development Appropriations -SJ 00732 Time: 04/30/2007 - 2:02 PM Member: Committee: Version: er
Event: S In Messages Time: 04/26/2007 - 6:32 PM Member: Committee: Version: er
Event: H Message sent to senate Time: 04/26/2007 - 6:14 PM Member: Committee: Version: c2
Event: H Passage on third reading Time: 04/26/2007 - 5:01 PM Member: Committee: Version: c2
Event: H CS passed; YEAS 116, NAYS 0 Time: 04/26/2007 - 5:01 PM Member: Committee: Version: c2
Event: H Read 3rd time Time: 04/26/2007 - 5:01 PM Member: Committee: Version: c2
Event: H Added to Third Reading Calendar Time: 04/25/2007 - 5:48 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 04/25/2007 - 5:47 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (4/25/2007) Time: 04/24/2007 - 7:52 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 04/24/2007 - 7:22 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 04/23/2007 - 11:59 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (4/25/2007) Time: 04/23/2007 - 11:44 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 04/23/2007 - 11:05 PM Member: Committee: Version: c2
Event: H CS Filed Time: 04/23/2007 - 6:58 PM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.19 Time: 04/23/2007 - 6:58 PM Member: Committee: Version: c1
Event: H Reported out of Policy & Budget Council Time: 04/23/2007 - 6:52 PM Member: Committee: Policy & Budget Council Version: c1
Event: H Favorable with CS by Policy & Budget Council Time: 04/23/2007 - 5:00 PM Member: Committee: Policy & Budget Council Version: c1
Event: H Added to Policy & Budget Council agenda Time: 04/22/2007 - 6:02 PM Member: Committee: Policy & Budget Council Version: c1
Event: H Now in Policy & Budget Council Time: 04/20/2007 - 12:46 AM Member: Committee: Policy & Budget Council Version: c1
Event: H Referred to Policy & Budget Council Time: 04/20/2007 - 12:46 AM Member: Committee: Policy & Budget Council Version: c1
Event: H 1st Reading Time: 04/18/2007 - 8:54 PM Member: Committee: Version: c1
Event: H CS Filed Time: 04/18/2007 - 1:46 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19 Time: 04/18/2007 - 1:46 PM Member: Committee: Version: __
Event: H Reported out of Economic Expansion & Infrastructure Council Time: 04/18/2007 - 1:40 PM Member: Committee: Economic Expansion & Infrastructure Council Version: __
Event: H Favorable with CS by Economic Expansion & Infrastructure Council Time: 04/17/2007 - 12:00 PM Member: Committee: Economic Expansion & Infrastructure Council Version: __
Event: H Added to Economic Expansion & Infrastructure Council agenda Time: 04/13/2007 - 4:18 PM Member: Committee: Economic Expansion & Infrastructure Council Version: __
Event: H 1st Reading Time: 03/06/2007 - 11:59 PM Member: Committee: Version: __
Event: H Now in Economic Expansion & Infrastructure Council Time: 02/08/2007 - 4:43 PM Member: Committee: Economic Expansion & Infrastructure Council Version: __
Event: H Reported out of Committee on Economic Development Time: 02/08/2007 - 4:43 PM Member: Committee: Committee on Economic Development Version: __
Event: H Favorable with 3 amendment(s) by Committee on Economic Development Time: 02/08/2007 - 10:00 AM Member: Committee: Committee on Economic Development Version: __
Event: H Added to Committee on Economic Development agenda Time: 02/01/2007 - 4:13 PM Member: Committee: Committee on Economic Development Version: __
Event: H Now in Committee on Economic Development Time: 01/11/2007 - 9:57 AM Member: Committee: Committee on Economic Development Version: __
Event: H Referred to Committee on Economic Development by Economic Expansion & Infrastructure Council Time: 01/11/2007 - 9:57 AM Member: Committee: Committee on Economic Development Version: __
Event: H Now in Economic Expansion & Infrastructure Council Time: 01/02/2007 - 5:08 PM Member: Committee: Economic Expansion & Infrastructure Council Version: __
Event: H Referred to Policy & Budget Council Time: 01/02/2007 - 5:08 PM Member: Committee: Policy & Budget Council Version: __
Event: H Referred to Economic Expansion & Infrastructure Council Time: 01/02/2007 - 5:08 PM Member: Committee: Economic Expansion & Infrastructure Council Version: __
Event: H Filed Time: 12/12/2006 - 1:15 PM Member: Grant Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
288.9621 HB 1521
288.9622 HB 1521
288.9623 HB 1521
288.9624 HB 1521
288.9625 HB 1521
1004.226 CS/CS/HB 131, CS/CS/CS/SB 2414, CS/SB 2416, CS/CS/CS/CS/SB 2420