Second Regular Session Seventy-fourth General Assembly STATE OF COLORADO REVISED LLS NO. R24-0993.01 June McCabe x4143 SJR24-011 Senate Committees House Committees SENATE JOINT RESOLUTION 24-011 C ONCERNING THE RECOGNITION OF COLORADO'S GLOBALLY101 COMPETITIVE QUANTUM TECHNOLOGY INDUSTRY .102 WHEREAS, Under the federal "Creating Helpful Incentives to1 Produce Semiconductors (CHIPS) and Science Act" enacted in 2022, the2 United States Department of Commerce's Economic Development3 Administration is overseeing the Regional Technology and Innovation4 Hubs, or "Tech Hubs", program, a competitive process to select 5 to 105 federally designated Tech Hubs across the country, with $500 million in6 appropriated funding available in 2024 and up to $10 billion over 5 years;7 and8 WHEREAS, In October 2023, the federal government announced9 that Colorado was successful in its bid pursuing a regional Phase 1 Tech10 Hub designation, enabling our state to compete for new funds to develop11 HOUSE Final Reading April 8, 2024 SENATE Final Reading March 28, 2024 SENATE SPONSORSHIP Baisley and Bridges, Buckner, Coleman, Cutter, Danielson, Exum, Fenberg, Gardner, Ginal, Gonzales, Hansen, Hinrichsen, Jaquez Lewis, Kirkmeyer, Kolker, Liston, Lundeen, Marchman, Michaelson Jenet, Mullica, Pelton B., Pelton R., Priola, Rich, Roberts, Rodriguez, Simpson, Smallwood, Sullivan, Van Winkle, Will, Winter F., Zenzinger HOUSE SPONSORSHIP Valdez and Soper, Amabile, Bacon, Bird, Boesenecker, Brown, Catlin, Clifford, Daugherty, Duran, Froelich, Hamrick, Jodeh, Kipp, Lieder, Lindstedt, Lukens, Mabrey, Marshall, Marvin, Mauro, McCluskie, McCormick, McLachlan, Ortiz, Ricks, Rutinel, Sirota, Snyder, Story, Taggart, Titone, Velasco, Woodrow, Young Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. Capital letters or bold & italic numbers indicate new material to be added to existing law. Dashes through the words or numbers indicate deletions from existing law. the quantum technology industry; the Tech Hub bid is led by Elevate1 Quantum, a Colorado-led nonprofit consisting of a consortium of over 702 member organizations across Colorado, New Mexico, and Wyoming3 aiming to maintain the Mountain West as the nation's leading quantum4 ecosystem; and5 WHEREAS, Colorado is currently competing nationally for the6 Tech Hubs program's Phase 2 Tech Hub designation and accompanying7 grant for quantum technology; if successful, Colorado will secure the8 federal funding necessary to develop a global hub for the quantum9 technology ecosystem, including quantum computing, sensing,10 networking, and enabling hardware; and11 WHEREAS, Colorado is internationally recognized for its12 contributions to quantum physics and is home to 4 winners of the Nobel13 Prize in Physics for quantum breakthroughs that shifted global14 understanding in the field; and15 WHEREAS, Colorado has more quantum startups, more deployed16 quantum technology, more private sector investments in quantum17 technology, more employees working for quantum companies, and more18 overall economic output within the quantum industry than any other state;19 and20 WHEREAS, Colorado's quantum technology industry has fostered21 a 40% increase in the number of patents secured over the last 10 years22 and a 545% increase in the total third-party funding amount over the last23 5 years; and24 WHEREAS, Establishing Colorado as the global hub for quantum25 technology will result in an economic impact of more than $1 billion26 statewide and over 10,000 jobs from the Phase 2 Tech Hub designation27 alone; and28 WHEREAS, Colorado's quantum technology industry has garnered29 international recognition for its groundbreaking achievements,30 positioning the state as a leader in quantum research, development, and31 innovation; and32 WHEREAS, The collaborative efforts of higher education33 institutions, industry, and government agencies have played a pivotal role34 in nurturing Colorado's quantum technology ecosystem, fostering an35 011 -2- environment conducive to research advancements, technology1 deployment to improve quality of life, and economic prosperity for2 Colorado and our global community; now, therefore,3 Be It Resolved by the Senate of the Seventy-fourth General4 Assembly of the State of Colorado, the House of Representatives5 concurring herein:6 That we, the members of the Colorado General Assembly:7 (1) Recognize the growing and competitive position of Colorado's8 application for designation as a Phase 2 Tech Hub for quantum9 technology and acknowledge Colorado's exemplary achievements and10 strategic initiatives in quantum technology; and11 (2) Urge the Economic Development Administration and any12 additional federal agencies overseeing the Phase 2 Tech Hubs selection13 process to support Colorado's achievements and strategic initiatives and14 consider Colorado for federal designation as a Phase 2 Tech Hub for15 quantum technology.16 Be It Further Resolved, That copies of this Joint Resolution be sent17 to the Office of the Governor, the Colorado Office of Economic18 Development and International Trade, the United States Economic19 Development Administration and any additional federal agencies20 overseeing the Phase 2 Tech Hubs selection process, Elevate Quantum,21 and each member of Colorado's congressional delegation.22 011 -3-