SB-0359, As Passed House, September 28, 2005

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 chapter 7A.

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

CHAPTER 7A

     Sec. 78. (1) The fund shall establish a Michigan life science

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 Michigan life science

pipeline shall do all of the following:

     (a) Recruit Michigan-based companies involved in life science

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

science research and commercialization in Michigan to develop and

increase the amount of business activity for members of the

pipeline.

     (c) Otherwise assist members of the pipeline in developing

life science 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.

     (f) Encourage a recipient of expenditures under chapter 8A

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.

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

and development program under section 88g to recipients engaged in

the development of life sciences in this state, the fund and the

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.

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

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

chosen to operate the pipeline shall do all the following:

     (a) Demonstrate an ability to coordinate commercialization of

life science research initiatives.

     (b) Have a proven ability to assist life science start-up

companies.

     (c) Demonstrate marketing ability.

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

ongoing independent peer review.

     (e) Submit a plan for operating the pipeline.

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

amendatory act that added this chapter, the person or entity chosen

to operate the pipeline shall report to the chairpersons of the

senate and house of representatives standing committees on commerce

on the effectiveness of the pipeline in developing life science

research and commercialization activities in this state.

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

life science 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.

     (b) House Bill No. 4972.

     (c) House Bill No. 4973.

     (d) House Bill No. 5047.

     (e) House Bill No. 5048.

     (f) House Bill No. 5108.

     (g) House Bill No. 5109.