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S.B. 192 Enrolled

                 

HIGH TECHNOLOGY ECONOMIC

                 
DEVELOPMENT APPROPRIATION

                 
2005 GENERAL SESSION

                 
STATE OF UTAH

                 
Chief Sponsor: L. Alma Mansell

                 
House Sponsor: David Clark

                 
                  LONG TITLE
                  General Description:
                      This bill appropriates monies for recruiting and for purchasing equipment and supplies
                  for a high technology economic development initiative.
                  Highlighted Provisions:
                      This bill:
                      .    appropriates ongoing monies to recruit persons to conduct high technology research
                  and development and makes those appropriations nonlapsing;
                      .    appropriates one-time monies to purchase equipment and supplies for high
                  technology research and development and makes those appropriations nonlapsing;
                      .    appropriates one-time monies to provide for expenses related to the development,
                  planning, and implementation of the high technology research and development
                  initiative and makes those appropriations nonlapsing; and
                      .    directs a review process for the monies appropriated under this bill.
                  Monies Appropriated in this Bill:
                      This bill appropriates:
                      .    $3,000,000 one-time from the General Fund in fiscal year 2005 to purchase
                  equipment and supplies for high technology research and development at the
                  University of Utah;
                      .    $350,000 one-time from the General Fund in fiscal year 2005 for expenses related
                  to the development, planning, and implementation of the high technology research
                  and development initiative at the University of Utah;


                      .    $1,600,000 ongoing from the General Fund beginning in fiscal year 2006 to Utah
                  State University for recruiting for high technology research and development; and
                      .    $2,400,000 ongoing from the General Fund beginning in fiscal year 2006 to the
                  University of Utah for recruiting for high technology research and development.
                  Other Special Clauses:
                      None
                  Uncodified Material Affected:
                  ENACTS UNCODIFIED MATERIAL
                 
                  Be it enacted by the Legislature of the state of Utah:
                      Section 1. Fiscal year 2005 one-time appropriation.
                      (1) (a) There is appropriated $3,000,000 from the General Fund for fiscal year 2005 only,
                  to the University of Utah for equipment and supplies to begin high technology research and
                  development.
                      (b) It is the intent of the Legislature that this appropriation is nonlapsing.
                      (2) (a) There is appropriated $350,000 from the General Fund for fiscal year 2005 only,
                  to the University of Utah for expenses related to the development, planning, and implementation
                  of the high technology research and development initiative.
                      (b) It is the intent of the Legislature that this appropriation is nonlapsing.
                      Section 2. Fiscal year 2006 ongoing appropriation.
                      (1) (a) There is appropriated $1,600,000 ongoing from the General Fund beginning in
                  fiscal year 2006 to Utah State University for recruiting to begin high technology research and
                  development.
                      (b) It is the intent of the Legislature that this appropriation is nonlapsing.
                      (2) (a) There is appropriated $2,400,000 ongoing from the General Fund beginning in
                  fiscal year 2006 to the University of Utah for recruiting to begin high technology research and
                  development.
                      (b) It is the intent of the Legislature that this appropriation is nonlapsing.


                      Section 3. Legislative intent.
                      (1) It is the intent of the Legislature that:
                      (a) Utah State University and the University of Utah prepare a plan of proposed
                  disbursements of the amounts appropriated under this bill;
                      (b) before Utah State University or the University of Utah expend any amounts
                  appropriated in this bill, that each university report to the Legislature's interim Executive
                  Appropriations Committee regarding the purpose of each proposed disbursement;
                      (c) each of these universities consider the recommendation of the Executive
                  Appropriations Committee and any input provided by that committee in deciding whether or not
                  to make the proposed disbursement of funds, in what amount, and for what purpose.
                      (2) It is also the intent of the Legislature that:
                      (a) Utah State University and the University of Utah present a long-range plan for high
                  technology development to the Executive Appropriations Committee before November 2005;
                      (b) these universities include within this plan:
                      (i) the incremental funding necessary to meet this plan;
                      (ii) identify any matching funds available;
                      (iii) the financial benefits to the State in partnering in this long-range plan for high
                  technology development.


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