SRC-MAX S.C.R. 51 75(R)   BILL ANALYSIS


Senate Research Center   S.C.R. 51
By: Truan
International Relations, Trade & Technology
4-2-97
As Filed


DIGEST 

The International Relations, Trade & Technology Interim Report recommended
the Product Development Fund and the Small Business Incubator Fund be
modified to facilitate a more flexible approach to increased capital for
technology development.  The limitations of the funds could be hindering
technology-based investments in Texas.  This bill directs the Texas
Department of Commerce to study and and suggest adjustments to existing
business assistance programs in order to increase investment opportunities
in Texas and increase opportunities for small businesses. 

PURPOSE

As proposed, S.C.R. 51 submits the following resolutions:

To direct the Texas Department of Commerce to study and suggest
adjustments to existing business assistance programs in order to increase
technology-based investments in the state that will expand both domestic
and international market share for Texas businesses. 

Provides that the secretary of state will forward an official copy of this
resolution to the executive director of the Texas Department of Commerce.