Washington's technology boom hasn't been enjoyed equally by most communities outside of the Seattle or Spokane urban areas. Two laws recently passed by the Washington legislature are intended to provide tax credits, infrastructure financing, and other incentives to spread the economic benefits of technology into the state's most rural counties.
House Bill 2260 grants 100 percent, seven-year Business & Occupation (B&O) tax credits to businesses in rural counties engaged in providing "help desk" technologies to other businesses. After the seventh year, the credit is reduced to 68 percent.
The bill also gives a $1,000 B&O credit for each new software manufacturing or software develop-ment job created by any business in rural counties. The credit may be applied each year for up to six years provided the job is maintained.