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. The credit is equal to 50 percent of the value of a participant's payments to the employment training finance account. The program aims to provide customized workforce development and skill development training that enhances worker skill sets and retains and expands existing businesses in Washington.
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