The bill establishes an advisory committee aimed at advancing the economic development of quantum technologies in Washington State. This committee will consist of various members, including representatives from the lieutenant governor's office, higher education institutions, technology companies, and the Pacific Northwest National Laboratory. The committee is tasked with meeting quarterly, producing annual reports with recommendations for promoting a quantum technology ecosystem, and developing a workforce development plan by specified deadlines. Additionally, the bill creates a grant program to support applicants seeking federal grants related to quantum technology, requiring matching funds from applicants and allowing the department to consult with relevant stakeholders to identify applicable federal grants.

Furthermore, the bill amends RCW 42.56.270 to include new exemptions from disclosure for financial and proprietary information submitted in grant applications related to quantum technology. It also includes a provision stating that if specific funding for the act is not provided by June 30, 2025, the act will become null and void. This legislative effort aims to enhance Washington's position in the emerging field of quantum technology through structured support and collaboration among various sectors.

Statutes affected:
Substitute Bill: 42.56.270