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Legislative Wrap-Up: Support for TBED Initiatives in DE, ME, NV, NC, TX
Lawmakers in several states wrapped up their 2011 sessions in time for the new fiscal year, which begins on July 1 for most states, allocating funds and passing bills in support of tech-based economic development. Read more...
Delaware lawmakers established a new Job Creation Tax Credit and extended the scope to include clean energy technologies. Read more...
Maine Gov. Paul LePage signed a bill expanding the state's Seed Capital Tax Credit. Read more...
Nevada legislators passed a bill reorganizing the state's economic development efforts. The bill also establishes a Catalyst Fund and creates a Knowledge Fund to encourage technology commercialization. Read more...
North Carolina's recently enacted budget continues to support the state's life sciences industry, but at a reduced level. Overall, appropriations for life science activities are reduced 3.9 percent in the coming year. Read more...
Texas Gov. Rick Perry signed the 2012-13 biennial budget, which includes funding for the state's two major economic development funds — the Emerging Technology Fund and the Texas Enterprise Fund. Another bill passed during the session establishes a scholarship program to increase STEM graduates. Read more...