Washington HB2730 amends aerospace tax incentives to extend them based on employment growth in the aerospace industry.
Washington HB2730 modifies the criteria for extending aerospace tax incentives. The Joint Legislative Audit and Review Committee must assess changes in aerospace employment in Washington, comparing it to other states. If Washington's share of aerospace employment remains stable or grows, the tax incentives will be extended. The committee must also consider economic conditions and job changes across different aerospace sectors. The bill aims to maintain and grow Washington's aerospace workforce.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.