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 mandates the transfer of all assets, obligations, and unexpended funds from the integrated test center to the University of Wyoming upon the act's effective date. It also outlines the responsibilities of the School of Energy Resources, including the design and operation of a facility for carbon dioxide emissions research, the establishment of leasing agreements, and the prioritization of projects that enhance Wyoming's energy market.

Additionally, the bill introduces new reporting requirements, stipulating that the School of Energy Resources must provide annual updates on the integrated test center's activities and contributions to Wyoming's economy. It amends existing budget procedures to allow the School to include the integrated test center's budget in its submissions to the energy resources council and the governor. The act ensures that existing agreements and contracts related to the integrated test center remain intact, and it becomes effective immediately upon completion of the necessary legislative processes.

Statutes affected:
Introduced: 21-17-117