2005 Senate Bill 906 / 2006 Public Act 474

Require “21st Century Jobs Trust Fund” compliance officer

Introduced in the Senate

Nov. 29, 2005

Introduced by Sen. Valde Garcia (R-22)

To require the State Administrative Board to hire, support, and supervise a “chief compliance officer” to review the actions of the Michigan Strategic Fund under the “21st Century Jobs Trust Fund” created by <a href="http://www.michiganvotes.org/2005-HB-5047"> House Bill 5047</a>, now Public Act 225 of 2005.

Referred to the Committee on Commerce and Labor

Dec. 1, 2005

Reported without amendment

With the recommendation that the bill pass.

Dec. 6, 2005

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Passed in the Senate 34 to 3 (details)

Received in the House

Dec. 6, 2005

Referred to the Committee on Commerce

March 7, 2006

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Dec. 6, 2006

Amendment offered by Rep. Paul Condino (D-35)

To tie-bar the bill to House Bill 4811, meaning this bill cannot become law unless that one does also. HB 4811 would repeal Michigan's ban on suing the maker of prescription drugs that have been approved by the FDA, unless there was fraud involved.

The amendment failed by voice vote

Dec. 7, 2006

Passed in the House 94 to 11 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. Jennifer Granholm

Dec. 19, 2006