Extends the expiration date of the Washington customized employment training program tax credit to July 1, 2031.

The bill extends the expiration date of the Washington customized employment training program tax credit to July 1, 2031. It allows a credit equal to 50 percent of the value of a participant's payments to the employment training finance account. The credit can be carried over preferential tax treatment. The bill also mandates a report from the college board on the program's impact, including industries supported, geographical location of companies, number of employees trained, types of occupations, wage growth, retention rates, and credential attainment.

Extends the expiration date of the Washington customized employment training program tax credit to July 1, 2031.

The bill extends the expiration date of the Washington customized employment training program tax credit to July 1, 2031. It allows a credit equal to 50 percent of the value of a participant's payments to the employment training finance account. The credit can be carried over preferential tax treatment. The bill also mandates a report from the college board on the program's impact, including industries supported, geographical location of companies, number of employees trained, types of occupations, wage growth, retention rates, and credential attainment.