Declares that, in order for Washington to continue to be a leading technology state, and to compete in a global, technology-driven economy, Washington needs a more robust higher education system that places a priority on enrolling and conferring undergraduate and graduate degrees upon students in science and technology, particularly in the fields of engineering, technology, biotechnology, science, computer science, and mathematics. The legislature recognizes that it must increase access, enrollment slots, and degree opportunities in those fields of study as they are integrally linked to ensuring that Washington state's economy can compete nationally and globally.

Declares an intent to create a center of excellence in this state, dedicated to technology, to be known as the Washington institute of technology. This institute of technology shall combine three world-class, university branch campuses: University of Washington - Bothell; Washington State University -TriCities; and Washington State University - Vancouver, and shall offer areas of study including, but not limited to, engineering, technology, biotechnology, science, computer science, and mathematics.