The proposed bill, if enacted, would establish the Arizona Office of Defense Innovation within the Office of the Governor, aimed at fostering partnerships and driving innovation in defense technologies. It would require the Governor to appoint a Director and an advisory board consisting of members from military installations, defense-related industries, educational institutions, and state agencies with expertise in economic development. The Office would be tasked with developing a strategic plan to enhance competitiveness in defense industries, acting as a liaison with federal defense agencies, and providing support to Arizona companies seeking federal defense contracts.

Additionally, the bill appropriates funds from the state General Fund for the Office's operations and exempts these funds from lapsing. It includes provisions for the Office to accept grants and donations to further its objectives. The legislation emphasizes the importance of the defense industry to the state's economy and positions Arizona to leverage its unique resources for economic development in this sector. The act would be officially titled the "Arizona Office of Defense Innovation Act."

Statutes affected:
Introduced Version: 41-117