BILL · 2015–16 SESSION · LATEST VERSION SHB 2226

HB 2226: Spacecraft/aerosp. tax prefs

Extending specific aerospace tax preferences to include spacecrafts to encourage the migration of good wage jobs in the state.

Summary

  • Extends the existing aerospace industry preferential business and occupation tax rates and credits, and sales and use tax exemptions to manufacturers of spacecraft and spacecraft components, and spacecraft product development, effective October 1, 2015 and expiring on July 1, 2025.
  • Requires taxpayers claiming the tax preferences to file a tax preference annual report with the Department of Revenue.
  • Establishes tax preference performance metrics to assist the Joint Legislative Audit and Review Committee with their review of the tax preferences.

From the House Bill Analysis 2015 (HB 2226), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedApr 8, 2015
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Jeff Morris (D-40)
Introduced
April 8, 2015 in the House
Last action
March 10, 2016
Budget
Has a fiscal note
Versions
HB 2226, SHB 2226

AN ACT Relating to extending specific aerospace tax preferences to include spacecrafts to encourage the migration of good wage jobs in the state;

Sponsors

Prime sponsor: Jeff Morris (D-40)

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SHB 2226)
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Finance. (SHB 2226)
  4. Referred to Finance.
  5. TED - Majority; 1st substitute bill be substituted, do pass. (SHB 2226)
  6. TED - Majority; 1st substitute bill be substituted, do pass.
  7. By resolution, reintroduced and retained in present status.
  8. By resolution, reintroduced and retained in present status.
  9. By resolution, reintroduced and retained in present status.
  10. By resolution, reintroduced and retained in present status.
  11. First reading, referred to Technology & Economic Development (Not Officially read and referred until adoption of Introduction report).

HB 2226 in other sessions

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

Report wrong or missing information on this page