Welcome to

Capitol News Service

Florida's Best Political Television Coverage


Visit the Lobby Tools Website


Visit Legislative IQ Website


Recent Posts



RSS Capitol News LIVE

RSS Quote of the Day

  • Epicurus
    "It is not so much our friends' help that helps us, as the confidence of their help."
  • James A. Baldwin
    "People are trapped in history and history is trapped in them."
  • Alexis de Tocqueville
    "There are many men of principle in both parties in America, but there is no party of principle."
  • Stewart Udall
    "We have, I fear, confused power with greatness."

Lawmakers Want to Reinvest Retirement Fund

April 10th, 2008 by flanews

The Florida Chamber of Commerce joined lawmakers at the Capitol today to announce a plan aimed at jumpstarting the states economy. Lawmakers are sponsoring a bill that would allow the state to reinvest 2 billion dollars from the retirement fund. The bill urges the states financial leaders to invest the money in Biotech or other cutting edge businesses. Representative Frank Attkisson says by investing in high-tech companies the state would get more high paying jobs.

We have an economic crisis worse than weve ever seen. The only way to get taxpayers to pay more money is to give them more dollars, so they can take the great American dream and invest and go explore, said Attkisson.

The bill would also award small business owners grants if they met certain criteria.

Posted in Business, Legislature, State Budget, State News | No Comments »

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

copyright © 2016 by Capitol News Service | Powered by Wordpress | Hosted by LyonsHost.com