Current through 11/5/2024 election
Section 24-48.5-134 - Advanced manufacturing and STEM industries task force - creation - duties - definition - repeal(1) As used in this section, unless the context otherwise requires: (a) "Office" means the office of economic development created in section 24-48.5-101.(b) "Task force" means the advanced manufacturing and STEM industries task force created in subsection (2)(a) of this section.(2)(a) The advanced manufacturing and STEM industries task force is created in the office. The task force consists of the following members:(I) Two members of the house of representatives, one appointed by the speaker of the house of representatives and one appointed by the minority leader of the house of representatives;(II) Two members of the senate, one appointed by the president of the senate and one appointed by the minority leader of the senate;(III) Two representatives of the office with experience in the administration of the advanced industries acceleration grant program, created in section 24-48.5-117 (3), or other business funding and incentives, appointed by the director of the office;(IV) At least four industry representatives from businesses supported by the advanced industries acceleration grant program, which may include advanced manufacturing, aerospace, bioscience, electronics, energy and natural resources, infrastructure engineering, or technology and information businesses, appointed by the director of the office; and(V) The director of the office or the director's designee.(b) Members of the task force shall elect one member to serve as chairperson.(c) Members of the task force shall serve without compensation other than reimbursement for reasonable and actual expenses incurred to attend meetings.(3)(a) The task force shall meet at least twice during the 2023 interim period to:(I) Study the effectiveness of existing financial incentives, support, resources, and development strategies for advanced manufacturing and other science, technology, engineering, and math (STEM) companies in Colorado;(II) Examine other states' statutes, regulations, and policies intended to attract and promote the development of advanced manufacturing and other STEM companies; and(III) Identify any recommended legislation or changes in administrative rules or policies to make Colorado's advanced manufacturing and other STEM industries more nationally competitive.(b) The task force shall report its findings to the general assembly and the governor in accordance with section 24-1-136 (9). The report shall be submitted no later than December 1, 2023, and shall contain the task force's recommendations for all issues on which two-thirds or more of its members agree. A minority report of any issues included in the report must be included at the request of one or more of the dissenting members.(c) The office shall provide such services as the task force may request, including: (I) Administrative assistance, meeting space, and other necessary facilities and support services;(II) Postage and printing;(III) Arranging for, coordinating, and keeping records of meetings; and(IV) Preparation and distribution of notices, agendas, minutes, and reports.(d) The office may, in the discretion of the director, contract with an independent facilitator to support the task force, including by assisting in drafting the report required by subsection (3)(b) of this section.(4) This section is repealed, effective July 1, 2025.Added by 2023 Ch. 227,§ 2, eff. 5/20/2023.