Associate development organizations must report performance metrics and best practices to the Washington State Department of Commerce.
The bill mandates that associate development organizations provide the Department of Commerce with performance metrics and a summary of best practices. Annual reports must include data on employment, economic changes, and other relevant information. The bill also outlines specific performance measures, data standards, and data definitions. Organizations that fail to meet performance targets must develop remediation plans. Contracts and state funding may be terminated for one year for organizations that fail to achieve agreed-upon performance improvements.
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