SSB 5899 -
By Senators Kilmer, Tom, Brown, Zarelli
ADOPTED 03/10/2010
On page 2, line 19, after "exceed" strike "five" and insert "ten"
On page 4, line 8, after "with" strike "ten" and insert "twenty"
On page 5, line 8, after "June 30," strike "2011" and insert "2012"
On page 5, after line 12, insert the following:
"NEW SECTION. Sec. 3 This act takes effect July 1, 2010."
EFFECT: No applications may be accepted after June 30, 2012 (changed from June 30, 2011). "Eligible business" means a business located within the state of Washington with 20 or fewer employees (changed from 10 or fewer employees). The maximum annual statewide credit is capped at $10 million (changed from $5 million). Provides an effective date of July 1, 2010.