Bill > HB1595

This bill establishes a comprehensive five-year statewide economic development planning process by creating an advisory committee of at least 16 members representing diverse geographic, racial, and ethnic backgrounds. The committee will include representatives from various state agencies, legislative caucuses, and key economic sectors such as technology, manufacturing, agriculture, and tourism. Every five years, beginning in 2025, the department will convene this committee to develop a strategic economic development plan, which involves holding public meetings, soliciting input from state commissions focused on minority affairs, and consulting with various state agencies. The advisory committee will provide guidance on plan priorities, recommend policy changes, and help develop long-term economic goals with measurable benchmarks. The department is required to submit the initial plan proposal to the legislature and governor by November 30, 2025, provide recommended legislation by June 30, 2026, and deliver a progress report two years after the initial proposal. Committee members will serve two-year terms and may be reimbursed for travel expenses, with the goal of creating an adaptive and inclusive approach to economic development that represents the state's diverse economic landscape.

Budget and Finance, Business and Industry

https://app.leg.wa.gov/billsummary?BillNumber=1595&Year=2025&Initiative=false