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SB-0359, As Passed Senate, October 19, 2005

SENATE SUBSTITUTE FOR HOUSE SUBSTITUTE FOR

SENATE BILL NO. 359

A bill to amend 1984 PA 270, entitled

"Michigan strategic fund act,"

(MCL 125.2001 to 125.2093) by adding section 88p.

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

Sec. 88p. (1) The fund shall establish a Michigan life

sciences pipeline to promote the development of businesses in this

state engaged in providing goods and services related to the

development and commercialization of life sciences. The pipeline

shall begin operations not later than June 1, 2006. The pipeline

shall do all of the following:

(a) Recruit Michigan-based businesses involved in life

sciences research and commercialization and related goods and

services to affiliate themselves with the pipeline as members.

(b) Market the services of the pipeline, its members, and life

sciences research and commercialization in Michigan to develop and

increase the amount of business activity for members of the

pipeline.

life sciences research and commercialization activities in this

state.

(d) Maintain and make available a list of members of the

pipeline and services provided by members of the pipeline.

(e) At the discretion of the pipeline, charge members of the

pipeline a reasonable fee based on the services provided by the

pipeline.

(2) The fund shall encourage a recipient of expenditures under

this chapter engaged in the development or commercialization of

life sciences in this state to utilize goods or services provided

by a member or members of the pipeline.

(3) When making awards under the commercialization, research,

and development program established by the commercialization board

under section 88k to recipients engaged in the development or

commercialization of life sciences in this state, the

commercialization board shall provide additional weighting to an

applicant that demonstrates a commitment to utilize or collaborate

with a member or members of the pipeline when procuring goods or

services, if the goods or services are reasonably available from a

member or members of the pipeline.

(4) The fund shall select a person or entity to operate the

pipeline by issuing a request for proposals. The person or entity

selected to operate the pipeline shall demonstrate to the fund the

proven ability to do all the following:

(a) Coordinate commercialization of life sciences research

initiatives.

(b) Assist life sciences start-up companies.

(d) Coordinate or operate programs that have a history of

ongoing independent peer review.

(e) Have regulatory experience necessary for commercial

approval of pharmaceutical and medical devices.

(f) Develop and implement a plan for operating the pipeline.

(5) The fund shall enter into a contract with a duration of

not less than 4 years with the person or entity selected to operate

the pipeline.

(6) Not later than 5 years after the effective date of the

amendatory act that added this section, the person or entity

selected to operate the pipeline shall report to the governor, the

clerk of the house of representatives, the secretary of the senate,

and the chairpersons of the house of representatives and senate

standing committees on appropriations on the effectiveness of the

pipeline in developing life sciences research and commercialization

activities in this state.

(7) As used in this section, "pipeline" means the Michigan

life sciences pipeline established in this section.

Enacting section 1. This amendatory act does not take effect

unless all of the following bills of the 93rd Legislature are

enacted into law:

(a) Senate Bill No. 533.