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Senate Bill 5379 — State of Washington, 68th Legislature, 2023 Regular Session (Senators Frame, Dozier)

Summary

Senate Bill 5379, State of Washington, 68th Legislature, 2023 Regular Session, by Senators Frame, Dozier, Boehnke, Hasegawa, Saldaña, and Shewmake, among others, read first time 01/16/23 and referred to the Committee on Business, Financial Services, Gaming & Trade. The act relates to supporting innovation at associate development organizations and adds new sections to chapter 43.330 RCW. Section 2 provides that, subject to the availability of funds appropriated for this specific purpose, the department shall establish an annual competitive grant program. Section 3 creates an associate development organization innovation, sustainability, partnerships, and equity grant account in the custody of the state treasurer.

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“Senate Bill 5379 — State of Washington, 68th Legislature, 2023 Regular Session (Senators Frame, Dozier).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-01-24-a30526-bill-5379-1b5b4cc5f4/, SHA-256 52197c1d0d9236b68b323bd47cb97db1cc555fc08be5a1d526623e609762224b.

Full text

     S-0586.1

                               SENATE BILL 5379


     State of Washington       68th Legislature         2023 Regular Session

     By Senators Frame, Dozier, Boehnke, Hasegawa, Saldaña, Shewmake, and
     C. Wilson

     Read first time 01/16/23.       Referred   to   Committee   on   Business,
     Financial Services, Gaming & Trade.




1        AN ACT Relating to supporting innovation at associate development
2    organizations; adding new sections to chapter 43.330 RCW; and
3    creating a new section.


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


 5       NEW SECTION.    Sec. 1.    The legislature finds that associate
 6   development organizations are critical to Washington state's economic
 7   success. Associate development organizations consist of 34 regional
 8   organizations servicing all of Washington's 39 counties, underpinning
 9   Washington state's economic development programs and initiatives
10   across the state. With a mission of confidential and client-based
11   economic development, associate development organizations enhance
12   economic development service delivery and results statewide through
13   public-private and state-local partnerships.
14       Therefore, the legislature intends by this act to establish a
15   competitive grant program to support innovation, sustainability,
16   partnerships, and equity at associate development organizations with
17   the goal of growing jobs, expanding existing firms, recruiting new
18   businesses, and supporting an equitable economy and inclusive
19   economic development.



                                     p. 1                               SB 5379
 1       NEW SECTION. Sec. 2. A new section is added to chapter 43.330
 2   RCW to read as follows:
 3       (1) Subject to the availability of funds appropriated for this
 4   specific   purpose,  the   department   shall  establish   an annual
 5   competitive grant program to support and catalyze initiatives to
 6   foster innovation, sustainability, partnerships, and equity at
 7   associate development organizations. The department shall develop
 8   grant award criteria with relevant stakeholders and award funding
 9   based on initiatives that are aligned with its work and priorities.
10   Awards must be given equitably across the state.
11       (2) Grant recipients must provide information on the use of the
12   funds in their annual reports to the department required under RCW
13   43.330.082.
14       (3) Beginning December 31, 2026, the department must include
15   information on grant award funding and use in its report to the
16   legislature on associate development organizations contracts.
17      (4) The department shall adopt rules to implement this section.


18       NEW SECTION. Sec. 3. A new section is added to chapter 43.330
19   RCW to read as follows:
20       The     associate     development     organization    innovation,
21   sustainability, partnerships, and equity grant account is created in
22   the custody of the state treasurer. Revenues to the account consist
23   of appropriations by the legislature, private contributions, and all
24   other sources deposited in the account. Expenditures from the account
25   may be used only for an annual grant to associate development
26   organizations   to  support   and  catalyze   initiatives  to  foster
27   innovation, sustainability, partnerships, and equity. Only the
28   director of commerce or the director's designee may authorize
29   expenditures from the account. The account is subject to the
30   allotment procedures under chapter 43.88 RCW, but an appropriation is
31   not required for expenditures.

                                  --- END ---




                                     p. 2                          SB 5379


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