HB 240: Fund of Funds


I've written before about Utah House Bill 240. HB240 would create a fund of funds for Utah's venture capital community backed by contingent tax credits. The article in the Deseret News discusses some of the actions and reactions related to the bill. This bill is important to the high tech community in Utah and it needs your support. Write or call your legislators and send an email to the Governor's office. Let them know you support the bill and ask them to.

Update: HB 240 passed out of committee this afternoon which means it will be considered by the full House next. This is the critical phase where your input can make a difference. The committee is mostly made up of the converted. The skeptics are your representatives who aren't on the committee.