BILL · 2007–08 SESSION

SB 5309: Certified capital companies

Creating certified capital companies to promote economic development through investment in start-up and emerging businesses.

Summary

  • Finds that new sources of prudently targeted private equity investments would promote economic development by strengthening the local venture capital infrastructure, increasing access to capital for local companies, supporting emerging businesses, and creating jobs for Washington citizens.

From the Bill Digest (SB 5309), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 17, 2007
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Jim Kastama (D-25)
Introduced
January 17, 2007 in the Senate
Last action
January 14, 2008
Budget
Has a fiscal note

AN ACT Relating to the creation of certified capital companies to promote economic development through investment in start-up and emerging Washington businesses;

Sponsors

Prime sponsor: Jim Kastama (D-25)

3 co-sponsors (3 Democrats, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Economic Development, Trade & Management.

SB 5309 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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