WA People
BILL · 2017–18 SESSION

HB 2145: Aerospace job incentives

Honoring the legislature's intent to create and retain local jobs through incentives provided to the aerospace industry by redirecting those incentives to other job creating opportunities if the number of aerospace jobs continue to decline.

Summary

  • Requires certain employment levels at a significant aerospace firm in this state in order to take advantage of preferential business and occupation (B&O) rates and B&O credits.
  • Resets the applicable B&O rates and credits dependent upon the employment levels at a significant aerospace firm in this state on an annual basis.
  • Provides for the transfer of any increase in the state general fund resulting from the B&O rate adjustments and credit adjustments under this act to be deposited into the Education Legacy Trust Account and the newly created small business tax credit account.
  • Creates a small business tax credit program that is subject to the availability of funds.

From the House Bill Analysis 2017 (HB 2145), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedMar 10, 2017
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Noel Frame (D-36)
Introduced
March 10, 2017 in the House
Last action
January 8, 2018
Budget
Has a fiscal note

AN ACT Relating to honoring the legislature's intent to create and retain local jobs through incentives provided to the aerospace industry by redirecting those incentives to other job creating opportunities if the number of aerospace jobs continue to decline;

Sponsors

Prime sponsor: Noel Frame (D-36)

29 co-sponsors (29 Democrats, 0 Republicans)

June Robinson D-38Jessyn Farrell D-46Laurie Jinkins D-27Sharon Tomiko Santos D-37Beth Doglio D-22Nicole Macri D-43Laurie Dolan D-22Steve Bergquist D-11Mike Sells D-38Gerry Pollet D-46David Sawyer D-29Sharon Wylie D-49Cindy Ryu D-32Sherry Appleton D-23Mike Chapman D-24Mia Gregerson D-33Eileen Cody D-34Steve Kirby D-29Monica Jurado Stonier D-49Marcus Riccelli D-3Joe Fitzgibbon D-34Shelley Kloba D-1Strom Peterson D-21Jake Fey D-27Vandana Slatter D-48Steve Tharinger D-24Derek Stanford D-1Lillian Ortiz-Self D-21Tina Orwall D-33

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. First reading, referred to Finance (Not Officially read and referred until adoption of Introduction report).

HB 2145 in other sessions

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

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