WA HB1883

Extends the expiration date of the Washington customized employment training program tax credit from July 1, 2026 to July 1, 2031, with the overall section expiring July 1, 2033

Tax credit equals 50% of a participant's payments to the employment training finance account; participants who fail to meet program requirements must repay credits taken plus interest

75% of participating businesses completed customized training and repaid the program training allowance, meeting the performance threshold set by the 67th legislature for extension

Requires the State Board for Community and Technical Colleges to submit a report by December 31, 2028 on credit distribution by county, qualified training institutions by county, and efforts to expand program participation

Future extension of the tax preference requires a review finding that 75% of participating businesses complete training and repay the customized employment training program loan