BILL REQ. #:  S-4091.1 

Read first time 01/30/12.   Referred to Committee on Economic Development, Trade & Innovation.

     AN ACT Relating to creating a business and occupation tax credit for hiring certain persons in manufacturing; and adding a new section to chapter 82.04 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION.  Sec. 1   A new section is added to chapter 82.04 RCW to read as follows:
     (1) In computing the tax imposed under this chapter, employers may take a credit for hiring, after the effective date of this section, interns, apprentices, or permanent employees who:
     (a) Are currently enrolled in a manufacturing skills certificate program at one of the state's community or technical colleges; or
     (b) Have received a manufacturing skills certificate from one of the state's community or technical colleges within the two years preceding the hiring date. Employers receiving the credit may not have more than one hundred full-time equivalent employees on their payroll.
     (2) The credit allowed under this section is equal to fifty percent of the wages paid to the new hire within six months of the hiring date. The credit may not exceed five thousand dollars per new hire. The credit earned by a participant in one calendar year may be carried over to be credited against taxes incurred in a subsequent calendar year. An employer may not receive a credit in excess of two hundred thousand dollars per year.
     (3) A person claiming the credit provided in this section must file a complete annual survey with the department under RCW 82.32.585.