Imposes a workforce education investment surcharge on select advanced computing businesses to fund workforce education programs.

The bill imposes a workforce education investment surcharge on select advanced computing businesses to generate funds for workforce education programs. The surcharge is equal to 1.22 percent of the gross income of the business. Revenues from the surcharge are deposited into the workforce education investment account. The bill aims to address the state's projected shortfall of nearly 600,000 credentialed workers by expanding the Washington college grant program, increasing teacher training and STEM teacher training programs, growing the number of in-state student seats, and funding work-study.

Imposes a workforce education investment surcharge on select advanced computing businesses to fund workforce education programs.

The bill imposes a workforce education investment surcharge on select advanced computing businesses to generate funds for workforce education programs. The surcharge is equal to 1.22 percent of the gross income of the business. Revenues from the surcharge are deposited into the workforce education investment account. The bill aims to address the state's projected shortfall of nearly 600,000 credentialed workers by expanding the Washington college grant program, increasing teacher training and STEM teacher training programs, growing the number of in-state student seats, and funding work-study.