BILL · 2005–06 SESSION

SB 6329: Aerospace development

Providing excise tax relief for aerospace product development businesses.

Summary

  • Sales and use tax exemptions are provided for computer equipment and software, and its installation, used primarily in aerospace product development. A person may claim a credit of 1.5 percent of expenditures against the B&O tax for qualified aerospace product development expenditures.

From the Senate Bill Report (SB 6329), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 11, 2006
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Paull Shin (D-21)
Introduced
January 11, 2006 in the Senate
Last action
January 11, 2006
Companion bill
HB 2639
Budget
Has a fiscal note

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

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to International Trade & Economic Development.

SB 6329 in other sessions

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

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