The proposed bill establishes the Spark Act Grant Program aimed at promoting economic development through innovative uses of artificial intelligence (AI) in Washington State. It recognizes the importance of technological innovation for economic growth and competitiveness, emphasizing the potential of AI to address critical challenges such as wildfire management, cybersecurity, and public health. The program will provide grants to startups, research institutions, and companies that develop transformative technologies with broad public benefits. The Department of Commerce will oversee the program, soliciting input from an AI task force to prioritize ethical applications, risk analysis, small businesses, and projects with statewide impact.

Additionally, the bill creates a dedicated account for the Spark Act Grant Program, funded through legislative appropriations, private donations, and federal funding. It mandates the Department to report biennially on the program's progress, detailing grant applications, awards, and project types. The bill also amends existing legislation to enhance the task force's role in identifying state priorities for the grant program and ensuring diverse representation in its activities. The act will be null and void if specific funding is not provided by June 30, 2025.