S-2411               _______________________________________________

                                         SUBSTITUTE SENATE BILL NO. 5993

                        _______________________________________________

State of Washington                               51st Legislature                              1989 Regular Session

By Senate Committee on Energy & Utilities (originally sponsored by Senators Benitz, Stratton, Newhouse and Hayner)

Read first time 3/1/89.

AN ACT Relating to trade and economic development; adding a new section to chapter 43.31 RCW; creating a new section; and making an appropriation.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.     The legislature finds that the one thousand acres of land leased from the federal government to the state of Washington on the Hanford reservation constitutes an unmatched resource for development of high-technology industry, nuclear medicine research, and research into new waste immobilization and reduction techniques.  The legislature further finds that this resource has been underutilized and its promotion will help the Tri-Cities area as efforts are made to ease the transition of the area's economy from its present level of dependence on defense materials' production.

NEW SECTION. Sec. 2.  A new section is added to chapter 43.31 RCW to read as follows:

          In an effort to enhance the economy of the Tri-Cities area, the department of trade and economic development is directed to promote the existence of the lease between the state of Washington and the federal government executed September 10, 1964, covering one thousand acres of land lying within the Hanford reservation near Richland, Washington, and the opportunity of subleasing the land to entities for nuclear-related industry, in agreement with the terms of the lease.

NEW SECTION. Sec. 3.     The sum of forty thousand dollars, or as much thereof as may be necessary, is appropriated for the biennium ending June 30, 1991, from the general fund to the department of trade and economic development for the purposes of this act.