ADOPTED 4/16/2005

573

5581-S2.E AMH DICK DURB 080

E2SSB 5581 - H AMD TO H APP COMM AMD (H3043.1)

By Representative Dickerson

   On page 6, after line 34 of the amendment, insert the following:

   "NEW SECTION. Sec. 9. By December 1, 2006, the executive director of the life sciences discovery fund shall provide a report to the legislature on the anticipated return on investment to the state from the investment of public funds in the life sciences discovery fund, including potential job growth, royalty income, intellectual property rights, and other significant long-term benefits to the state."

   Renumber the remaining sections consecutively and correct any internal references accordingly.

EFFECT: Directs the executive director of the Life Sciences Discovery Fund to provide a report by the end of next year to the Legislature on the anticipated return on investment to the state from investment of public funds in the Life Sciences Discovery Fund.