SENATE BILL REPORT
SB 5708
As of February 4, 1999
Title: An act relating to long‑term economic vitality.
Brief Description: Ensuring long‑term economic vitality.
Sponsors: Senators T. Sheldon, Hale, Winsley and Oke.
Brief History:
Committee Activity: Agriculture & Rural Economic Development: 2/8/99.
SENATE COMMITTEE ON AGRICULTURE & RURAL ECONOMIC
DEVELOPMENT
Staff: David Schumacher (786-7474)
Background: The Department of Community, Trade, and Economic Development is responsible for assisting in community and economic development in the state; providing technical and financial assistance to local governments, businesses, and community-based organizations; soliciting private and federal grants for economic and community development programs; and conducting the necessary research and analysis to support economic and community development efforts.
The key service areas of the department are: (1) local development assistance; (2) trade and economic sectors that include tourism, film and video, business development and forest products; (3) community services that support local efforts to develop self-reliant individuals and families through prevention, intervention, technical assistance and advocacy programs; (4) housing and housing-related services; (5) growth management; (6) archaeology and historic preservation; and (7) energy.
Summary of Bill: The amount of $800,000 is appropriated to CTED for statewide business retention and expansion.
The amount of $300,000 is appropriated to CTED for costs of attracting businesses to rural counties.
An advisory group is established to ensure that funds are appropriately dispersed.
Appropriation: $1,100,000 for the 1999-01 biennium.
Fiscal Note: Requested on February 2, 1999.
Effective Date: Ninety days after adjournment of session in which bill is passed.