Creates jobs by issuing bonds, which will catalyze energy savings and repair work at public schools and state colleges and universities.

Authorizes the state finance committee to issue general obligation bonds for the purpose of creating jobs by constructing needed capital improvements to public facilities for energy, utility, and operational cost savings.

Requires the department of commerce, in consultation with the department of general administration and the Washington State University energy program, to: (1) Administer the jobs act; and

(2) Establish a competitive process to solicit and evaluate applications from public school districts, public higher education institutions, and other state agencies.

Requires the department of general administration to develop guidelines that are consistent with national and international energy savings performance standards for the implementation of energy savings performance contracting projects by the energy savings performance contractors.

Creates the Washington works account.

Makes an appropriation.

Provides contingent effective dates.