Creates an economic development and diversification tuition incentive program. The higher education coordinating board shall maintain a list of employers who are certified under this act to participate in the program.

Provides a nonresident student shall pay resident tuition rates beginning with the first quarter or semester after moving to Washington if: (1) The student, student's spouse, or student's parent is employed by an employer certified by the department of community, trade, and economic development under this act;

(2) The student, student's spouse, or student's parent relocated to Washington at the request of that certified employer; and

(3) The student signs a letter of intent to establish domicile in Washington.

Provides a nonresident student who moves to Washington to attend an institution of higher education before the time that the student's spouse or student's parent is employed by a qualified employer shall pay resident tuition beginning with the first semester or quarter after the spouse or parent moves to Washington.

Allows employers who currently operate in Washington and must bring new employees from out-of-state and employers who are relocating or expanding operations in Washington to be eligible for the program.