Tuesday, May 12, 2015

Gov. Deal rejects Invest Georgia funding

Gov. Nathan Deal vetoed 11 bills Tuesday, including long-sought legislation to put seed capital into a state-run venture capital fund. A bill the General Assembly passed on the final day of this year’s legislative session authorized Invest Georgia, a VC fund created two years ago but not funded, to sell up to $55 million in insurance premium tax credits. The Invest Georgia funding, which enjoyed its strongest support in the state Senate, was attached to another piece of legislation that had been…

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