BILL · 2017–18 SESSION

HB 2146: 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 continues to decline.

Summary

  • Requires a seven year average of 75,000 employment positions at a significant aerospace firm in this state in order to continue the preferential business and occupation (B&O) rates and B&O credit after July 1, 2024.
  • Provides for the transfer of any increase in the State General Fund resulting from the B&O rate and credit expiration under this act to be used to fund the State Need Grant program, career and technical education, a new worker readjustment program, and a newly created Small Business Tax Credit Account.

From the House Bill Analysis 2017 (HB 2146), 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
Richard DeBolt (R-20)
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 continues to decline;

Sponsors

Prime sponsor: Richard DeBolt (R-20)

1 co-sponsor (0 Democrats, 1 Republican)

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 2146 in other sessions

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

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