SB 5708 - DIGEST

     Declares an intent to ensure that Washington is positioned for long-term economic vitality.  To achieve this objective, economic development efforts should be aimed at:  (1) Keeping our growing companies in the state;

     (2) helping troubled companies stay competitive;

     (3) marketing Washington state as a viable business location; and

     (4) finding a strategy that meets two key legislative goals - rural economic development and growth management.

     Finds it necessary to provide funds for a state-wide business retention and expansion partnership and for state-wide marketing and recruiting activities.

     Creates an advisory board to ensure that funds are leveraged and targeted appropriately.

     Makes appropriations to carry out the purposes of the act.