Finds that due to the fragmentation of state technology efforts and resources and the lack of a central coordinating body, the state is hindered in advancing innovation throughout the state. In addition, technology-based institutions vary significantly in their administrative overhead costs and vary in the methods used to calculate these costs. The legislature intends to improve interactions among state technology entities to: Advance and ensure appropriate coordination and collaboration; eliminate duplication of services; set the direction for current and future technology efforts through a strategic planning process and work plan; and establish performance metrics and a prudent administrative overhead rate of no more than thirty-two percent.

Provides that, by June 1st of each year with an awareness of the state budget timetable, the governor shall issue a report on the vision for technology development in Washington. The governor shall submit the report to the legislature and to state technology entities. The report must include, but not be limited to: (1) A statewide technology strategy, including goals to achieve the governor's vision for technology development in Washington;

(2) A work plan to implement the governor's statewide technology strategy that details how state technology entities shall collaborate and coordinate with each other; and

(3) An analysis identifying the most important public policy challenges faced in achieving the vision for technology development in Washington.