1. Title and exact reference of the legal document: "Loi sur l'octroi d'une aide financière à une entreprise du secteur des technologies de l’information" (LoI on the granting of financial aid to an information technology company)
2. Objective principal: To provide financial assistance to a specific IT company based in Geneva, Switzerland.
3. Modifications legislatives proposées and their scope: The bill introduces a new law allowing for the allocation of public funds to support this IT company, subject to certain conditions, oversight, and reporting requirements.
4. Discussions or opinions expressed within the document (majority/minority): The bill was approved by the majority vote of the Grand Council, with one member expressing dissent.
5. Key implications: If passed, this law will provide financial support to a specific IT company in Geneva, potentially boosting the local economy and supporting innovation in the sector. The bill includes measures to ensure transparency and accountability for the use of public funds. A referendum has been scheduled following its publication in the official gazette, with a 1.5% turnout required for it to take effect.