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House Bill 2596 - Emerging Businesses in the New Space Economy (Washington, 2020)

Summary

House Bill 2596 of the State of Washington, 66th Legislature, 2020 Regular Session, is an act relating to fostering economic growth in Washington by supporting emerging businesses in the new space economy. Representatives Boehnke, Kloba, Slatter, Entenman and others are listed as sponsors, and the bill was referred to the Committee on Innovation, Technology & Economic Development. It directs the department of commerce to seek applications for and convene an advisory committee for a study of public policies that would foster the new space economy. The study is to include a ten-year strategy for expansion of a trained workforce, and its results are due in a report by October 31, 2021.

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“House Bill 2596 - Emerging Businesses in the New Space Economy (Washington, 2020).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2020-01-29-a26392-bill-2596-708e8d8e49/, SHA-256 f21847bb06a8e546e3d8ac00eb57b733703083a09bd15060b76f119e38b0c1c0.

Full text

     H-3517.1

                                HOUSE BILL 2596


     State of Washington        66th Legislature          2020 Regular Session

     By Representatives Boehnke,     Kloba,    Slatter,   Entenman,    Hudgins,
     Steele, Eslick, and Santos

     Read first time 01/16/20.      Referred   to   Committee   on   Innovation,
     Technology & Economic Development.




1        AN ACT Relating to fostering economic growth in Washington by
2    supporting emerging businesses in the new space economy; and creating
3    new sections.


 4   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:


 5       NEW SECTION.   Sec. 1.    The legislature intends to develop and
 6   implement an economic development strategy to promote the new space
 7   economy and broaden the geographic distribution of employment and
 8   training opportunities in that sector. The current space economy is
 9   valued at hundreds of billions of dollars, and market analysts advise
10   that a trillion dollar space economy is imminent. The legislature
11   declares its objective that Washington state pursue as much of this
12   economic opportunity as possible. The legislature intends for
13   Washington state to compete aggressively for any federal dollars
14   appropriated in support of civilian opportunities and military
15   missions related to the new space economy.


16       NEW SECTION.    Sec. 2.    (1) The department of commerce, in
17   consultation with the leaders of the technology committees of the
18   legislature, is directed to seek applications for and convene an
19   advisory committee to provide information, advice, and assistance in
20   completing a study of public policies that would foster the new space
                                      p. 1                               HB 2596
 1   economy and the geographic distribution of employment and training
 2   opportunities in that sector.
 3       (2) The study shall, among other components, include:
 4       (a) A ten-year strategy for a bold expansion of trained workforce
 5   to support that industry sector;
 6       (b) An evaluation of the state's capacity to: (i) Train personnel
 7   in the cybersecurity protocols needed for civilian businesses to
 8   secure national defense contracts; and (ii) offer grants and
 9   incentives to businesses for the purpose of lowering the ongoing cost
10   of cybersecurity compliance;
11       (c) An evaluation of the state's capacity to provide technical
12   assistance and mentoring to start-up and emerging businesses
13   competing for national defense contracts;
14       (d) An evaluation of the state's level of investment in federal
15   lobbying or federal liaison services related to securing defense and
16   civilian space-related appropriations and procurement through which
17   Washington might bolster its local workforce or facilities and
18   thereby provide indirect and induced benefits for the larger state
19   economy;
20       (e) An assessment of the infrastructure needs to support the new
21   space sector; and
22       (f) An assessment of the institutional capacity of state agencies
23   and nonprofit organizations to foster economic growth in the new
24   space sector.
25       (3) By October 31, 2021, the results of the study required in
26   this section must be submitted in a report to the appropriate
27   committees of the legislature consistent with the requirements of RCW
28   43.01.036. The study must be accompanied by recommendations that
29   include the identification of short-term and long-term action plans
30   for the legislature to support and sustain a bold vision for economic
31   growth in the new space sector.

                                  --- END ---




                                     p. 2                          HB 2596

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