Finds that there is continued evidence of underreporting and nonpayment of workers' compensation premiums by employers in the drywall installation and finishing industry.

Declares that all owners of drywall installation and finishing businesses are subject to mandatory coverage under Title 51 RCW.

Creates the drywall oversight committee to advise the department of labor and industries on the development of rules to implement the act and to otherwise advise the department on issues affecting the drywall industry.