Bill to Create Groups to Aid State Economic Development/raise Capital, Fund Research, Issue Bonds

By Tipton, David | THE JOURNAL RECORD, February 26, 1987 | Go to article overview

Bill to Create Groups to Aid State Economic Development/raise Capital, Fund Research, Issue Bonds


Tipton, David, THE JOURNAL RECORD


New stateorganizations to develop a state economic policy, raise venture capital, fund research, issue and oversee state bonds would be established under the Oklahoma Economic Recovery Act of 1987, a 92-page bill introduced Wednesday into the Oklahoma Legislature.

Among the new entities proposed by the bill would be Oklahoma Futures to oversee policy, the Oklahoma Capital Corp. for venture capital, the Oklahoma Science and Technology Corp. for research, and Oklahoma Finance Development Authority for bonding up to $100 million.

The bill was authored by members of both the House of Representatives and Senate as House Bill 1444.

The authors drew from an economic development report released to the Legislature last month by economic analyist Belden Daniels, president of the Counsel of Community Development Inc. of Cambridge, Mass.

The bill pretty well would put Daniel's advice into practice. Daniel's report had concluded, among other things, that Oklahoma has to put more emphasis on higher education and research in order for the state's economy to grow.

Oklahoma Futures would consist of the governor, leaders of both houses of the Legislature, and other state officials.

This organization would undertake continuing analysis of the state's economic strengths and weaknesses and oversee the development of a state economic policy.

The bill also amends current statutes to direct the Olahoma Department of Commmerce to work with businesses and local communities toward "the diversification, expansion and competitiveness of Oklahoma's value-added, export oriented economic base in ways to stimulate innovation and complement Oklahoma's geographic diversity."

The Oklahoma Capital Corp. would be established to raise private risk capital for investment in new and expanding businesses.

The Oklahoma Capital Corp. would be a private entity overseen by Oklahoma Futures.

The Oklahoma Science and Technology Corp. would consist of an 11-member board of directors, which includes the governor. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Bill to Create Groups to Aid State Economic Development/raise Capital, Fund Research, Issue Bonds
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.