Loading chat...

WA HB1839

Bill

Official Source

Status

Introduced

2/5/2025

Primary Sponsor

Julia Reed

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Removes the $9 million annual cap on the workforce education investment surcharge paid by affiliated groups of select advanced computing businesses
  • Maintains the existing 1.22% surcharge rate on gross income for advanced computing businesses with worldwide revenue exceeding $25 billion
  • Directs additional revenue toward expanding the Washington College Grant to families earning 70% of median income, increasing teacher and STEM teacher training programs, growing in-state student seats at higher education institutions, and funding work-study salaries for STEM research
  • Retains existing exemptions for hospitals, provider clinics offering primary care and multispecialty services, commercial mobile service providers, wired telecommunications networks, and financial institutions
  • Takes effect October 1, 2025

Legislative Description

Increasing the investments in our workforce by amending the advanced computing surcharge.

Last Action

By resolution, reintroduced and retained in present status.

1/12/2026

Committee Referrals

Finance2/5/2025

Full Bill Text

No bill text available