63N-1a-103. Purpose.
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Effective 5/6/2026
63N-1a-103. Purpose.
(1)The purpose of the Economic Opportunity Act and the entities established in the act is to catalyze strategic economic development opportunities for all residents of the state with a vision of creating economically thriving communities, businesses, and families throughout the state.
(2)The purpose is realized through targeted efforts that demonstrably improve quality of life, measured by the extent to which the efforts accomplish the following strategic goals:
(a)catalyzing targeted industry growth;
(b)supporting economically thriving communities;
(c)empowering students and workers with market-relevant skills;
(d)stimulating economic growth in rural and multicultural communities through household level efforts; and
(e)securing healthy and resilient ecosystems for current and future generations.
Amended by Chapter 343 , 2026 General Session