Establishes the Washington Institute for Scientific Advancement to fund scientific research in Washington.

The bill establishes the Washington Institute for Scientific Advancement to fund scientific research within the state. It authorizes the issuance of $6 billion in general obligation bonds to finance the institute. The institute will award grants to researchers and projects in fields such as biomedical research, climate and weather research, technological development, and applied physics. The institute will be overseen by a research council appointed by the director of commerce, which will develop strategic objectives, manage the institute, and determine which research projects to fund.

Establishes the Washington Institute for Scientific Advancement to fund scientific research in Washington.

The bill establishes the Washington Institute for Scientific Advancement to fund scientific research within the state. It authorizes the issuance of $6 billion in general obligation bonds to finance the institute. The institute will award grants to researchers and projects in fields such as biomedical research, climate and weather research, technological development, and applied physics. The institute will be overseen by a research council appointed by the director of commerce, which will develop strategic objectives, manage the institute, and determine which research projects to fund.