ECONOMIC STABILIZATION TRUST House SponsorsRep. Michael G. Connelly 1/11/2011HouseSession Sine Die New Act Creates the Economic Stabilization Trust Act. Establishes the Economic Stabilization Trust, governed by a board of trustees consisting of the Director of Commerce and Economic Opportunity and gubernatorial appointees, to consider and approve or deny applications for financial assistance to businesses that cannot obtain sufficient financial assistance from financial institutions and public development agencies. 2/27/2009HouseFiled with the Clerk by Rep. Michael G. Connelly 2/27/2009HouseFirst Reading 2/27/2009HouseReferred to Rules Committee 3/4/2009HouseAssigned to Executive Committee 3/13/2009HouseRule 19(a) / Re-referred to Rules Committee 1/11/2011HouseSession Sine Die