AB160

Existing law creates the Board of Economic Development, which is required to review and make recommendations on various aspects of economic development in Nevada. (NRS 231.033, 231.037) Section 3 of this bill creates the Nevada-Ireland Trade Commission, which consists of nine members. Section 4 of this bill: (1) provides for the officers of the Commission; (2) prescribes requirements for meetings of the Commission; and (3) requires the Office of Economic Development to provide necessary administrative support to the Commission. Section 5 of this bill requires the Commission to study and make recommendations to the Board of Economic Development regarding: (1) advancing bilateral trade and investment between Nevada and Ireland; (2) initiating joint action on policy issues of mutual interest to Nevada and Ireland; (3) promoting business and academic exchanges between Nevada and Ireland; (4) encouraging mutual economic support between Nevada and Ireland; (5) encouraging mutual investment in the infrastructure of Nevada and Ireland; and (6) such other issues as determined by the Commission. Section 5 also requires the Commission to prepare and submit an annual report of its activities and recommendations to the Director of the Legislative Counsel Bureau and the Governor. Section 6 of this bill creates the Account for the Nevada-Ireland Trade Commission in the State General Fund, which is required to be administered by the Commission and only used to carry out the activities of the