Washington HB2444 mandates state participation in a federal tax credit program for contributions to scholarship granting organizations.

Washington HB2444 requires the state to participate in a federal tax credit program for contributions to scholarship granting organizations. The bill mandates the director of the Department of Revenue to annually notify the applicable federal entity of Washington's participation and ensure all program obligations are met. It also requires timely notice to pertinent federal and state officials and mandates that rules adopted under this act meet federal requirements necessary for the receipt of federal funds by the state.

Washington HB2444 mandates state participation in a federal tax credit program for contributions to scholarship granting organizations.

Washington HB2444 requires the state to participate in a federal tax credit program for contributions to scholarship granting organizations. The bill mandates the director of the Department of Revenue to annually notify the applicable federal entity of Washington's participation and ensure all program obligations are met. It also requires timely notice to pertinent federal and state officials and mandates that rules adopted under this act meet federal requirements necessary for the receipt of federal funds by the state.