Arizona Legislature OKs $35 million for biotech
Arizona Legislature OKs $35 million for biotech
The Business Journal of Phoenix - June 21, 2006
The Arizona Legislature has given the green light to a controversial biotechnology incentive fund aimed at attracting more research and science-related jobs to the state.
The Arizona House of Representatives gave the final sign-off on the bill late Tuesday by a 41-to-15 vote.
Supporters included moderate Republicans and Democrats, while a number of conservatives voted against the measure questioning how the money will be used and whether the state should be giving incentives to businesses and investing in the risky biotech sector.
The approved plan puts $35 million toward the Arizona 21st Century Competitive Initiative Fund, aimed at helping to attract biotechnology to the state.
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Biotech
Biotech News
The Business Journal of Phoenix - June 21, 2006
The Arizona Legislature has given the green light to a controversial biotechnology incentive fund aimed at attracting more research and science-related jobs to the state.
The Arizona House of Representatives gave the final sign-off on the bill late Tuesday by a 41-to-15 vote.
Supporters included moderate Republicans and Democrats, while a number of conservatives voted against the measure questioning how the money will be used and whether the state should be giving incentives to businesses and investing in the risky biotech sector.
The approved plan puts $35 million toward the Arizona 21st Century Competitive Initiative Fund, aimed at helping to attract biotechnology to the state.
MORE
Biotech
Biotech News
posted by Bill Austin - Arizona Legislature OKs $35 million for biotech
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