Skip to main content Skip to office menu Skip to footer
Capital IconMinnesota Legislature

Jobs and Economic Development Finance and Policy

TWENTY SECOND MEETING

2013-2014 Regular Session - Thursday, February 27, 2014

STATE OF MINNESOTA TWENTY SECOND MEETING
HOUSE OF REPRESENTATIVES EIGHTY-EIGHTH SESSION

COMMITTEE ON JOBS AND ECONOMIC DEVELOPMENT FINANCE AND POLICY
Chair, Representative Tim Mahoney

MINUTES

Chair Mahoney called the meeting to order at 12:32 PM, Thursday, February 27, 2014 in Room 200 of the State Office Building.

The Committee Legislative Assistant noted the roll; and a quorum was present.


Members present:
Mahoney, Chair
Gunther, Lead
Albright
Clark
Fabian
Isaacson
Kieffer
Leideger
Lohmer
Metsa
Mullery
Newton
Norton
Persell
Uglem
Ward, J.


Excused Absence: Rep. Savick

Rep. Gunther moved to approve the April 4, 2013 meeting minutes. Motion prevailed.

Chair Mahoney provided an outline of the committee agenda, including an overview/update on three Department of Employment & Economic Development’s 3 programs: Minnesota Investment Fund, Job Creation Fund, and the Angel Investment Tax Credit program.

Introduction to new Jobs fiscal analyst replacing Ron Soderberg: Harriet Hendricks.

Testifiers: Commissioner Katie Clark Sieben

Tom Becker, President & COO of WFSI Scarince, Sauk Rapids, MN

Lucy McMartin, Director of Economic Development, City of Winona

Garry Lowenthal, CFO of Fision Holdings, Minneapolis, MN

John Dinusson, CEO, Orthrocor Medical

Sam Joy, Investor with Othrocor Medical

Chair Mahoney adjourned the committee meeting at 2:10 PM.







___________________________
Representative Tim Mahoney, Chair

_________________________________________
Kaying Thao, Committee Legislative Assistant
More Info On This Meeting..

Overview/update on three Department of Employment and Economic Development's (DEED) programs (July 2013 - Present): Minnesota Investment Fund (MIF), Job Creation Fund (JCF) and Angel Investment Tax Credit programs