SB 6610-S - DIGEST

(DIGEST OF PROPOSED 1ST SUBSTITUTE)

     Provides that, to receive the credit allowed under RCW 82.04.4333 an employer must have increased the amount spent on training by a minimum of fifteen percent over the previous year. The credit shall be limited to an amount equal to fifty percent of the value of such increase.

     Provides that a person taking the credit under this act must keep records necessary for the department of revenue to verify eligibility for the credit.

     Applies to training that takes place after January 1, 2000.