The Legislature passed Engrossed Second Substitute House Bill 2158 in 2019, known as the Workforce Education Investment Act (WEIA). The WEIA established the Workforce Education Investment Account that is funded from an increase in the business and occupation tax. The Workforce Education Investment Account is solely for funding higher education expenses. As a part of the WEIA, the Workforce Education Investment Accountability and Oversight (WEIAO) Board was established for two purposes:
The WEIAO Board has 17 members, including legislators; representatives from businesses impacted by the tax, higher education, and labor; and students. The WEIAO Board is staffed by the Workforce Training and Education Coordinating Board (Workforce Board) and is required to meet four times a year.
The Washington Student Achievement Council is tasked with staffing the WEIAO Board. The Workforce Board must maintain the WEIAO Board's data dashboard on a public-facing portal. Membership on the WEIAO Board is increased by one to include a representative of the Workforce Board.
(In support) This bill is built on a strong foundation. For many years, students had to make tough decisions based on their finances, such as whether they could attend a Washington institution of higher education, an out-of-state institution, or not attend college at all. But in 2019 the Legislature passed the strongest financial aid policy in the country—the Washington College Grant (WCG). The WEIAO Board ensures students can take advantage of the WCG without a waitlist. The WEIAO Board has adopted four guiding principles and seven performance accountability metrics to guide investments and demonstrate effectiveness. Through this process, Washington learned that staffing is better in the hands of the Washington Student Achievement Council. This bill ensures the right people are administering the oversight of the WEIAO Board, clarifies the role of the Workforce Board, and helps the WEIAO Board fulfill its obligations to taxpayers. The bill provides needed additional staff-level support so the WEIAO Board can provide the Legislature the necessary information, insights, and guidance to ensure that this groundbreaking investment drives desired outcomes.
(Opposed) None.
No new changes were recommended.
(In support) None.
(Opposed) None.