This bill establishes the Integrated Test Center (ITC) under the governance of the University of Wyoming's School of Energy Resources, transferring all associated property, obligations, and unexpended funds to the university. The ITC is codified and will operate under the direction of the Energy Resources Council, which will oversee its structure and policies. The School of Energy Resources is tasked with designing and operating a facility for research on carbon dioxide emissions and other projects, entering into leases, and prioritizing projects that enhance Wyoming's energy market. Additionally, the bill mandates annual reporting on the ITC's activities and economic contributions to the state.
The bill also amends existing law regarding the budget submission process for the School of Energy Resources, making it discretionary rather than mandatory, and requires the inclusion of the ITC's budget in the overall budget submitted to the governor. It ensures that existing agreements and contracts of the ITC remain intact and are assumed by the School of Energy Resources, while also stipulating that any funds appropriated prior to the bill's effective date that cannot be transferred will remain with the original appropriating entity. The act is set to take effect immediately upon completion of necessary legislative procedures.
Statutes affected: 25LSO-0045 v0.7: 21-17-117