This bill establishes the integrated test center under the governance of the University of Wyoming's School of Energy Resources, transferring all associated property, obligations, and unexpended funds to the university upon the act's effective date. The bill codifies the center's existence and outlines its operational framework, including the responsibilities of the School of Energy Resources to design, construct, and operate a facility focused on carbon dioxide emissions research. It also mandates the school to prioritize projects with high commercial potential and to report annually on the center's activities and economic contributions to Wyoming.

Additionally, the bill amends existing law regarding the budget submission process for the School of Energy Resources, requiring it to include a budget for the integrated test center. It specifies that the school must report on the center's operations and accomplishments as part of its annual reporting obligations. The act ensures that existing agreements and contracts related to the integrated test center remain intact and are assumed by the School of Energy Resources, while also allowing for the retention of funds that cannot be transferred. The act is set to take effect immediately upon its passage.

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