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House lifts sunset from Venture Capital Enhancement Act, citing investor confidence and oversight
Utah House of Representatives · January 18, 2006
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Summary
House Bill 71 — which relocates and modifies sunset provisions for economic development and removes a sunset on the state's venture capital program — passed the House unanimously 71–0 and will be referred to the Senate.
SALT LAKE CITY — The Utah House on Jan. 18 approved House Bill 71, a measure described by sponsor Representative Wallace as largely a "cleanup" bill that also removes a sunset provision from the Venture Capital Enhancement Act to improve investor confidence.
Wallace told members the change is intended to…
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