HB 2089: Aerospace tax prefs & exemp
Incentivizing a long-term commitment to maintain and grow jobs in the aerospace industry in Washington state by extending the expiration date of aerospace tax preferences and expanding the sales and use tax exemption for the construction of new facilities used to manufacture superefficient airplanes to include the construction of new facilities used to manufacture commercial airplanes or the wings or fuselage of commercial airplanes.
Summary
- Extends the expiration date of aerospace tax incentives to July 1, 2040, upon the siting of a significant commercial airplane manufacturing program in Washington.
- Expands the availability of a sales and use tax exemption for the construction of facilities used to manufacture commercial airplanes.
- Terminates the preferential business and occupation (B&O) tax rate applicable to new versions or models of commercial airplanes if final assembly, fuselage or wing assembly, or fuselage or wing fabrication, of the new model or version is sited outside the State of Washington.
- Requires the Joint Legislative Audit and Review Committee to specifically review employment changes in the aerospace industry every five years as part of its tax preference review process.
From the House Bill Report (HB 2089), written by the Legislature's nonpartisan staff. Read the full report ↗
- IntroducedNov 7, 2013
- Out of committeeNov 8, 2013
- Passed Housestopped here
- Passed Senate
- Governor
- Law
- Prime sponsor
- Senator (D-36)
- Introduced
- November 7, 2013 in the House
- Last action
- January 13, 2014
- Requested by
- Governor
- Companion bill
- SB 5952
- Budget
- Has a fiscal note
- Versions
- HB 2089, SHB 2089
AN ACT Relating to incentivizing a long-term commitment to maintain and grow jobs in the aerospace industry in Washington state by extending the expiration date of aerospace tax preferences and expanding the sales and use tax exemption for the construction of new facilities used to manufacture superefficient airplanes to include the construction of new facilities used to manufacture commercial airplanes or the wings or fuselage of commercial airplanes;
Sponsors
Prime sponsor: Senator (D-36)
2 co-sponsors (2 Democrats, 0 Republicans)
Votes
No recorded floor votes.
History
- By resolution, reintroduced and retained in present status. (SHB 2089)
- By resolution, reintroduced and retained in present status.
- Returned to House Rules. (SHB 2089)
- Placed on second reading. (SHB 2089)
- APP - Majority; do pass 1st substitute bill proposed by Finance. (SHB 2089)
- Minority; do not pass. (SHB 2089)
- APP - Executive action taken by committee. (SHB 2089)
- Referred to Appropriations. (SHB 2089)
- FIN - Majority; 1st substitute bill be substituted, do pass. (SHB 2089)
- Minority; do not pass. (SHB 2089)
- Minority; do not pass.
- FIN - Majority; 1st substitute bill be substituted, do pass.
- FIN - Executive action taken by committee.
- Referred to Appropriations.
- APP - Executive action taken by committee.
- Minority; do not pass.
- APP - Majority; do pass 1st substitute bill proposed by Finance.
- Placed on second reading.
- Returned to House Rules.
- First reading, referred to Finance (Not Officially read and referred until adoption of Introduction report).
- Prefiled for introduction.
HB 2089 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2089 (2025–26) Taxes on loan interest
- HB 2089 (2023–24) Capital budget, supplemental
- HB 2089 (2021–22) I-405 & SR 167 bond auth.
- HB 2089 (2019–20) Higher ed. transparency
- HB 2089 (2017–18) Food flavor products tax
- HB 2089 (2015–16) Concealed pistol licenses
- HB 2089 (2011–12) Airplane excise tax
- HB 2089 (2009–10) Food service products