BILL · 2003–04 SESSION

HB 2294: Aerospace industry

Providing tax incentives for the retention and expansion of the aerospace industry in Washington state.

Summary

  • Reduces business and occupation (B&O) tax rates for manufacturers of commercial airplanes or commercial airplane components.
  • Provides credits against B&O tax for preproduction development expenditures for manufacturers of commercial airplanes or commercial airplane components.
  • Provides credits against B&O tax for purchases of computer software and hardware acquired between July 1, 1995, and the effective date of this bill, and used primarily for the digital design and development of commercial airplanes.
  • Provides sales and use tax exemptions for computer hardware, computer peripherals, and software acquired after the effective date of this bill and used primarily in the development, design, and engineering of commercial airplanes or commercial airplane components, and labor and services for installing these items.
  • Provides sales and use tax exemptions for labor and services rendered in construction of new buildings by a manufacturer of superefficient airplanes or by a port district for lease to a manufacturer of superefficient airplanes, and components and fixtures of these buildings.
  • Provides a leasehold excise tax exemption for these new buildings when constructed by a port district and leased to a manufacturer of superefficient airplanes.

From the House Bill Analysis (HB 2294), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 1, Laws of 2003, 2nd Special Session
  1. IntroducedJun 10, 2003
  2. Out of committeeJun 10, 2003
  3. Passed HouseJun 10, 2003
  4. Passed SenateJun 11, 2003
  5. GovernorJun 18, 2003
  6. LawJun 18, 2003
Prime sponsor
Eric Pettigrew (D-37)
Introduced
June 10, 2003 in the House
Last action
June 18, 2003
Session law
Chapter 1, Laws of 2003, 2nd Special Session
Requested by
Governor
Budget
Has a fiscal note

AN ACT Relating to retaining and attracting the aerospace industry to Washington state;

Sponsors

Prime sponsor: Eric Pettigrew (D-37)

3 co-sponsors (1 Democrat, 2 Republicans)

Votes

House · Final Passage

Passed June 10, 2003
Version voted on: HB 2294
79 Yea 13 Nay 0 Absent 6 Excused
PartyYeaNayAbsentExcused
Democrat45502
Republican34804
How each member voted

Yea (79)

House · Final Passage

Passed June 11, 2003
Version voted on: HB 2294
79 Yea 10 Nay 0 Absent 9 Excused
PartyYeaNayAbsentExcused
Democrat44503
Republican35506
How each member voted

Yea (79)

Senate · 3rd Reading & Final Passage

Passed June 11, 2003
Version voted on: HB 2294
42 Yea 1 Nay 0 Absent 6 Excused
PartyYeaNayAbsentExcused
Democrat22101
Republican20005
How each member voted

History

  1. Chapter 1, 2003 Laws 2nd Special Session.
  2. Effective date contingent (See Section 17)
  3. Governor signed.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Rules suspended. Placed on Third Reading.
  8. Third reading, passed; yeas, 42; nays, 1; absent, 0; excused, 6.
  9. Read first time, rules suspended, and placed on second reading calendar.
  10. Third reading, passed; yeas, 79; nays, 10; absent, 0; excused, 9.
  11. By resolution, reintroduced and retained in present status.
  12. Rules suspended. Placed on Third Reading.
  13. Read first time, rules suspended, and placed on second reading calendar.
  14. Third reading, passed; yeas, 79; nays, 13; absent, 0; excused, 6.
  15. By resolution, returned to House for third reading.
  16. Held on first reading.

HB 2294 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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