Increasing the investments in our workforce by amending the advanced computing surcharge.

HB 1839 imposes a 1.22% surcharge on select advanced computing businesses with global revenue exceeding $25 billion annually, targeting large tech firms engaged in software, cloud services, or platforms like social media. The tax applies to affiliated groups (e.g., parent companies and subsidiaries), with exemptions for hospitals and healthcare providers. Revenue generated will fund workforce programs, including expanding the Washington College Grant for families earning up to 70% of median income, increasing STEM teacher training, growing in-state college seats, and supporting student work-study in STEM fields. The bill aims to address a projected 600,000-worker shortfall by directing funds to education and training aligned with high-demand sectors like technology and healthcare.