This bill establishes the integrated test center as a permanent entity under the governance of the University of Wyoming's School of Energy Resources, which will oversee its operations and ensure alignment with state energy objectives. The bill codifies the center's existence, detailing its powers and responsibilities, including the design and operation of facilities for carbon dioxide emissions research. It mandates the transfer of all assets, obligations, and unexpended funds from the state to the University of Wyoming, while also requiring the school to prioritize projects that enhance Wyoming's energy marketability and innovation.

Additionally, the bill introduces new budget procedures for the integrated test center, allowing the School of Energy Resources to include its budget in the overall budget submission to the energy resources council. It requires annual reporting on the center's activities and contributions to Wyoming's economy, ensuring transparency and accountability. The bill also preserves existing agreements and contracts related to the integrated test center, ensuring that prior commitments are honored despite the structural changes. The act is effective immediately upon its passage.

Statutes affected:
Introduced: 21-17-117