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Jobs and Economic Development Finance

FOURTEENTH MEETING

2011-2012 Regular Session - March 08, 2011

STATE OF MINNESOTA FOURTEENTH MEETING
HOUSE OF REPRESENTATIVES EIGHTY-SEVENTH SESSION

JOBS AND ECONOMIC DEVELOPMENT FINANCE

MINUTES

Representative McFarlane, Vice Chair of the Jobs and Economic Development Finance Committee, called the meeting to order at 12:33 p.m. on March 8, 2011, in Room 10 of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members:

GUNTHER, Bob, Chair
MCFARLANE, Carol, Vice Chair
CLARK, Karen
DILL, David
HOWES, Larry
KIEFFER, Andrea
LEIDIGER, Ernie
LEMIEUR, Mike
MAHONEY, Tim
MELIN, Carly
MULLERY, Joe
MURRAY, Rich
PAYMAR, Michael
SANDERS, Tim
SCALZE, Bev
STENSRUD, Kirk
SWEDZINSKI, Chris

A quorum was not present.

Representative Downey discussed HF288.

A quorum was present at 12:34 p.m.

Representative Leidiger moved HF 288 before committee to pass and be re-referred to the Tax Committee.

Representative Downey HF288 (Tax credit provided for investment in start-up and emerging Minnesota businesses).

Testifying before committee in favor of HF 288 was Paul Cassidy, and Michael Korengold, President of Enhanced Capital.

Representative Leidiger renewed his motion that HF 288 pass and be re-referred to the Tax Committee. THE MOTION PREVAILED.

Testifying before committee on behalf of the Department of Labor and Industry was Commissioner Ken Peterson.

Representative Mahoney moved to approve committee minutes of March 3, 2011. THE MOTION PREVAILED.

The meeting was adjourned at 1:50 p.m.

____________________________________
REP. BOB GUNTHER, CHAIR


____________________________________
Rebecca Lowden
Committee Legislative Assistant
More Info On This Meeting..
Bills Added:
  • HF288 (Downey) - Tax credit provided for investment in start-up and emerging Minnesota businesses.

Presentation of governor's Department of Labor and Industry budget proposal