Bill

Bill > H1285


FL H1285

FL H1285
Florida Business Entities


summary

Introduced
01/07/2018
In Committee
03/01/2018
Crossed Over
03/01/2018
Passed
03/09/2018
Dead
Signed/Enacted/Adopted
04/02/2018

Introduced Session

2018 Regular Session

Bill Summary

Deleting the requirement that the Department of Economic Opportunity manage certain activities related to the commercialization of specified products, services, and ideas; redesignating the Institute for the Commercialization of Public Research as the Institute for Commercialization of Florida Technology; authorizing the omission of certain confidential information from an annual benefit report of a social purpose corporation, etc.

AI Summary

This bill makes the following key changes: - Removes the requirement for the Department of Economic Opportunity to manage certain commercialization activities. - Redesignates the Institute for the Commercialization of Public Research as the Institute for Commercialization of Florida Technology. - Allows the Institute for Commercialization of Florida Technology to omit certain confidential information from its annual benefit report. The bill also authorizes the Institute to use a private fund manager to oversee the management and investment of the Florida Technology Seed Capital Fund and the Seed Capital Accelerator Program, in order to alleviate the state's operational and management costs related to these programs without any financial support or specific appropriations from the state.

Committee Categories

Business and Industry, Government Affairs, Labor and Employment

Sponsors (1)

Last Action

Chapter No. 2018-139 (on 04/02/2018)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...