The bill amends the Washington state opportunity scholarship program by updating definitions and clarifying the roles of the opportunity scholarship board and program administrators. Notably, it introduces the term "one or more" private nonprofit corporations as program administrators, allowing for greater flexibility in managing the program. Additionally, the board is empowered to create and operate tax-exempt nonprofit corporations to assist in fulfilling its duties. The bill also specifies that the board will determine eligible education programs and advanced degree programs, particularly in health professions, while ensuring that scholarship funds are available to low and middle-income residents pursuing various educational paths.

Furthermore, the bill modifies the funding structure for the scholarship program, establishing that a state match of up to fifty million dollars will be provided annually, simplifying the previous conditions tied to tax revenue collections. This change aims to ensure a more predictable budget treatment for the program. The bill emphasizes the importance of supporting students in high-demand fields and encourages them to remain in Washington after completing their education. The act is declared an emergency measure, taking effect immediately to preserve public welfare and support state institutions.

Statutes affected:
Original Bill: 28B.145.010, 28B.145.020, 28B.145.040
Substitute Bill: 28B.145.010, 28B.145.020, 28B.145.040