Vote Smart's Synopsis:

Vote to pass a bill that allocates $1 billion over the next ten years to life science research and business development.

Highlights:

- Allocates $120 million for the Massachusetts Life Sciences Opportunity Relocation and Expansion Jobs Capital Program Fund (Sec. 2). - Allocates $95 million for a life sciences laboratory research center complex at the University of Massachusetts at Amherst (Sec. 2). - Allocates $90 million for Albert Sherman Center at the University of Massachusetts Medical School in Worcester. The center will include an RNAi Institute, stem cell biology cluster, cord blood bank and a gene therapy cluster (Sec. 2). - Provides $5 million in loan guarantees to small businesses through the Small Business Capital Access Program (Sec. 2). - Allocates $12.6 million for highway 93 interchange construction and maintenance (Sec. 2). - Allocates $12.9 million for water and wastewater infrastructure for a proposed cell culture manufacturing facility in Framingham (Sec. 2). - Allocates $6.5 million for the development of a life science incubator building in Pittsfield (Sec. 2). - Allocates $10 million to the University of Massachusetts Lowell for a nano and biomanufacturing facility (Sec. 2). - Provides a one-time grant of $9.5 million to the Tufts’ Cummings School of Veterinary Medicine (Sec. 23).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that allocates $1 billion over the next ten years to life science research and business development.

Highlights:

- Allocates $120 million for the Massachusetts Life Sciences Opportunity Relocation and Expansion Jobs Capital Program Fund (Sec. 2). - Allocates $95 million for a life sciences laboratory research center complex at the University of Massachusetts at Amherst (Sec. 2). - Allocates $90 million for Albert Sherman Center at the University of Massachusetts Medical School in Worcester. The center will include an RNAi Institute, stem cell biology cluster, cord blood bank and a gene therapy cluster (Sec. 2). - Provides $5 million in loan guarantees to small businesses through the Small Business Capital Access Program (Sec. 2). - Allocates $12.6 million for highway 93 interchange construction and maintenance (Sec. 2). - Allocates $12.9 million for water and wastewater infrastructure for a proposed cell culture manufacturing facility in Framingham (Sec. 2). - Allocates $6.5 million for the development of a life science incubator building in Pittsfield (Sec. 2). - Allocates $10 million to the University of Massachusetts Lowell for a nano and biomanufacturing facility (Sec. 2). - Provides a one-time grant of $9.5 million to the Tufts’ Cummings School of Veterinary Medicine (Sec. 23).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that allocates $1 billion over the next ten years to life science research and business development.

Highlights:

- Allocates $5 million in loan guarantees to small businesses through the Small Business Capital Access Program (Sec. 2). - Allocates $5 million in matching funds to the University of Massachusetts Lowell for a nano and biomanufacturing facility (Sec. 2). - Allocates $125 million to provide grants to companies that will either create 100 full-time jobs or “produces an economic benefit that the secretary determines will be sufficiently exceptional.” Including: -$12.6 million for highway 93 interchange construction and maintenance -$12.9 million for water and wastewater infrastructure for a proposed cell culture manufacturing facility in Framingham (Sec. 2) - Allocates $125 million for capital projects, including: -$6.5 million for the development of a life science incubator building in Pittsfield -$1.1 million for three mobile science laboratories -$10 million for projects placed on the priority list by the National Institutes of Health for which no federal funding is available -$9.5 million to the Tufts’ Cummings School of Veterinary Medicine (Sec. 2) - Allocates $95 million for a life sciences laboratory research center complex at the University of Massachusetts at Amherst (Sec. 2). - Allocates $90 million for Albert “Albie” Sherman Center at the University of Massachusetts Medical School in Worcester. The center will include an RNAi Institute, stem cell biology cluster, cord blood bank and a gene therapy cluster (Sec. 2).

Full Bill Text