BILL · 2019–20 SESSION

SB 5490: Life sciences discovery fund

Transferring duties of the life sciences discovery fund.

Summary

  • Transfers duties and powers of the Life Sciences Discovery Fund Authority to the Department of Commerce (Department ).
  • Directs the Department to contract with a statewide nonprofit organization with a life science focus to receive funds previously allocated to the Life Sciences Discovery Fund, to grow the life science sector and improve the health of the state's residents.

From the House Bill Report (SB 5490), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 83, Laws of 2019
  1. IntroducedJan 23, 2019
  2. Out of committeeFeb 8, 2019
  3. Passed SenateMar 4, 2019
  4. Passed HouseApr 10, 2019
  5. GovernorApr 19, 2019
  6. LawApr 19, 2019
Prime sponsor
Senator (D-46)
Introduced
January 23, 2019 in the Senate
Last action
April 19, 2019
Session law
Chapter 83, Laws of 2019
Companion bill
HB 1335
Budget
Has a fiscal note

AN ACT Relating to transferring duties of the life sciences discovery fund;

Sponsors

Prime sponsor: Senator (D-46)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed March 4, 2019
Version voted on: SB 5490
46 Yea 1 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat27101
Republican19001
How each member voted

House · Final Passage

Passed April 10, 2019
Version voted on: SB 5490
94 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat54003
Republican40001
How each member voted

Yea (94)

History

  1. Effective date 7/28/2019.
  2. Chapter 83, 2019 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 94; nays, 0; absent, 0; excused, 4.
  8. Rules suspended. Placed on Third Reading.
  9. Rules Committee relieved of further consideration. Placed on second reading.
  10. ITED - Majority; do pass.
  11. First reading, referred to Innovation, Technology & Economic Development.
  12. Third reading, passed; yeas, 46; nays, 1; absent, 0; excused, 2.
  13. Rules suspended. Placed on Third Reading.
  14. Placed on second reading by Rules Committee.
  15. Passed to Rules Committee for second reading.
  16. Minority; do not pass.
  17. FIET - Majority; do pass.
  18. First reading, referred to Financial Institutions, Economic Development & Trade.

SB 5490 in other sessions

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

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