This bill aims to codify and continue the operations of the Integrated Test Center (ITC) in Wyoming, transferring its oversight and management to the University of Wyoming's School of Energy Resources. The bill specifies that all property, equipment, unexpended funds, and obligations associated with the ITC will be transferred to the School of Energy Resources upon the act's effective date. It also outlines the governance structure, duties, and powers of the ITC, emphasizing the importance of carbon dioxide emissions research and the establishment of a facility for such studies. Additionally, the bill mandates annual reporting on the ITC's activities and its economic impact on Wyoming.

Key amendments include the creation of a new section (W.S. 21-17-117.1) that details the governance and operational responsibilities of the ITC, as well as changes to the budget submission process for the School of Energy Resources. The bill introduces new language requiring the School to include a budget for the ITC in its submissions and to oversee its management. It also clarifies that existing agreements and contracts of the ITC will remain intact and that the School of Energy Resources will assume these obligations where legally permissible. The act is set to take effect immediately upon completion of the necessary legislative processes.

Statutes affected:
25LSO-0045 v0.7: 21-17-117