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WY SF0132

WY SF0132
ENDOW initiative.


summary

Introduced
01/24/2017
In Committee
02/14/2017
Crossed Over
02/01/2017
Passed
02/27/2017
Dead
Signed/Enacted/Adopted
03/06/2017

Introduced Session

2017 Regular Session

Bill Summary

AN ACT relating to economic diversification; providing for an economic diversification council to oversee and promote economic diversification activities in the state; providing for the development of a comprehensive economic diversification policy and strategy; providing for business development and innovation zones; specifying duties of the council and executive department in regard to implementation of the policy and strategy; providing for a coordinator of economic diversification; providing legislative findings and specifying intent; creating an account; providing an appropriation; specifying use of funds; and providing for an effective date.

AI Summary

This bill creates the Economically Needed Diversity Options for Wyoming (ENDOW) executive council, a 15-member council appointed by the governor to oversee and promote economic diversification activities in the state. The bill requires the council to develop a 20-year comprehensive economic diversification strategy, identify potential business development and innovation zones, and create 4-year action plans with performance benchmarks. The bill also creates an economic diversification account and appropriates $2.5 million, with $1.5 million earmarked for workforce development, to support the council's activities.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (6)

Last Action

Chapter No. 140 Session Laws of Wyoming 2017 (on 03/06/2017)

bill text


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