Existing law creates the Department of Business and Industry, consisting of various offices and divisions. (NRS 232.510) Sections 2-8 of this bill provide for an Emerging Technologies Task Force within the Department of Business and Industry. Section 6 of this bill creates the Task Force and prescribes its membership. Section 7 of this bill designates the Chair of the Task Force and prescribes the minimum frequency of its meetings and the number of members required to constitute a quorum. Section 8 of this bill requires the Task Force to develop certain strategies and make certain recommendations with regard to: (1) attracting to this State businesses that are engaged in the development of emerging technologies; and (2) encouraging the growth of such businesses. Section 8 also requires the Task Force to submit a report of its findings and recommendations annually to the Governor, the Director of the Department and the Legislature. Section 9 of this bill makes a conforming change to indicate the proper placement of sections 2-8 in the Nevada Revised Statutes. Existing law authorizes the Director of the Department of Business and Industry to create an Office of Business Finance and Planning within the Department for administering, coordinating and improving access to programs to assist in the growth and retention of business and industry in this State and to provide certain information to the public. (NRS 232.522) Section 10 of this bill authorizes the Director to create an Opportunity Center for Emerging Technology Businesses as part of the Office of Business Finance and Planning, if that office is created, to advocate for, assist and support the growth of businesses engaged in the development of emerging technologies.

Statutes affected:
As Introduced: 232.505, 232.522
BDR: 232.505, 232.522