WA People
BILL · 2005–06 SESSION

HB 2466: Tax relief for aerospace

Providing excise tax relief for aerospace businesses.

Summary

  • Extends the sales and use tax exemption for computer equipment and software used primarily in commercial airplane development to nonmanufacturing firms.
  • Extends the Business and Occupation (B&O) tax credit equal to 1.5 percent of preproduction development expenditures related to commercial aircraft to nonmanufacturing firms.
  • Allows B&O tax credit for leasehold excise taxes paid on property used in the manufacture of commercial airplanes and airplane components.
  • Extends the reduced B&O tax rate for Federal Aviation Administration certificated repair stations engaged in the repair of equipment used in interstate or foreign commerce to July 1, 2011.

From the House Bill Report (HB 2466), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 177, Laws of 2006
  1. IntroducedJan 9, 2006
  2. Out of committeeJan 30, 2006
  3. Passed HouseFeb 9, 2006
  4. Passed SenateMar 6, 2006
  5. GovernorMar 23, 2006
  6. LawMar 23, 2006
Prime sponsor
John Lovick (D-44)
Introduced
January 9, 2006 in the House
Last action
March 23, 2006
Session law
Chapter 177, Laws of 2006
Companion bill
SB 6604
Budget
Has a fiscal note

AN ACT Relating to providing excise tax relief for aerospace businesses;

Sponsors

Prime sponsor: John Lovick (D-44)

10 co-sponsors (9 Democrats, 1 Republican)

John McCoy D-38Steve Conway D-29Larry Haler R-8Mike Sells D-38Jeff Morris D-40Hans Dunshee D-44Mark Ericks D-1Dawn Morrell D-25Al O'Brien D-1Tami Green D-28

Votes

House · Final Passage

Passed February 9, 2006
Version voted on: HB 2466
88 Yea 10 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat461000
Republican42000
How each member voted

Yea (88)

Permalink to this vote

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed March 6, 2006
Version voted on: HB 2466
36 Yea 7 Nay 4 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat15740
Republican21002
How each member voted

Absent (4)

Excused (2)

Permalink to this vote

House · Final Passage as Amended by the Senate

Passed March 7, 2006
Version voted on: HB 2466
95 Yea 3 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat53300
Republican42000
How each member voted

Yea (95)

Nay (3)

Permalink to this vote

History

  1. Effective date 7/1/2006*.
  2. Chapter 177, 2006 Laws.
  3. Governor signed.
  4. President signed.
  5. Delivered to Governor.
  6. Speaker signed.
  7. Passed final passage; yeas, 95; nays, 3; absent, 0; excused, 0.
  8. House concurred in Senate amendments.
  9. Third reading, passed; yeas, 36; nays, 7; absent, 4; excused, 2.
  10. Rules suspended. Placed on Third Reading.
  11. Committee amendment adopted with no other amendments.
  12. Placed on second reading by Rules Committee.
  13. Passed to Rules Committee for second reading.
  14. Minority; do not pass.
  15. WM - Majority; do pass with amendment(s).
  16. Referred to Ways & Means.
  17. And refer to Ways & Means.
  18. ITED - Majority; do pass with amendment(s).
  19. First reading, referred to International Trade & Economic Development.
  20. Third reading, passed; yeas, 88; nays, 10; absent, 0; excused, 0.
  21. Rules suspended. Placed on Third Reading.
  22. Placed on second reading by Rules Committee.
  23. Passed to Rules Committee for second reading.
  24. Minority; without recommendation.
  25. FIN - Majority; do pass.
  26. FIN - Executive action taken by committee.
  27. Referred to Finance.
  28. Committee relieved of further consideration.
  29. First reading, referred to Economic Development, Agriculture & Trade.
  30. Prefiled for introduction.

HB 2466 in other sessions

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

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