Schmudget Blog
— filed under:

Washingtonians Need Assurances that Boeing Jobs Will Stay Here

Posted by taral at Nov 08, 2013 08:30 PM |
Filed under:

The Legislature came together for a special session this week to consider new tax breaks for Boeing. House Bill 2089 wisely proposes applying strict accountability measures to the new tax breaks which could help ensure the benefits remain in Washington state. But more needs to be done.

Our Senior Fiscal Analyst Andy Nicholas testified yesterday in the House Finance Committee around the proposed tax breaks. Watch his testimony here.  He will also testify this afternoon before House Appropriations and Senate Ways and Means.

As mentioned in yesterday’s testimony, any tax package for Boeing should include a “clawback” provision. A clawback could stipulate that if Washingtonians continue to invest in Boeing, then the company needs to agree to keep production here and commit to future investments in the state.

The provision could require the company to pay back any tax incentive dollars should: 

  • Boeing fail to invest in new Washington state facilities needed to build the 777X by 2017. (Much of the language in HB 2089 accomplishes this).
  • Any significant amount of production or assembly of the new 777X, or Boeing’s existing commercial aircraft lines, or future commercial aircraft lines, be subsequently located in any state or country other than Washington state.

Read our analysis from yesterday on the Boeing incentives and accountability measures.

Document Actions
HIGHLIGHTS

We're Hiring!

We are looking for an experienced Deputy Director to manage the internal operations of our team of policy analysts and communications and outreach experts. Our ideal candidate will have research and analysis experience as well as a commitment to team-building and staff development. Priority review will be given to candidates who apply by May 30. Find out more.

You're Invited

Join us and Partners for Our Children for "Forum on Poverty: The Impact on Children and Families" on May 26, 12-4 pm, in Burien. Our policy analyst Elena Hernandez will be a speaker at this forum that will discuss how we can advance policies that prevent intergenerational poverty. THIS EVENT IS FULL, but you can email Partners for Our Children to get on the waitlist. 

Our Legislative Agenda

Our agenda for the 2015-2017 biennium calls for an equitable, sustainable revenue system in addition to state investments that: promote a world-class education system; sustain a strong middle class; produce living-wage jobs, and ensure that all Washingtonians have equal opportunity to get ahead. 

Testimonies in Olympia

We testified in support of a number of important bills during the 2016 legislative session. Take a look:

  • Policy Analyst Elena Hernandez's testimony (at the 23:23 minute mark) on the House Bill that would take a two-generation approach to preventing poverty 
  • Associate Director of Fiscal Policy Andy Nicholas's testimony (at the 1:54:09 mark) on the House bill focused on aerospace-related tax breaks
  • Research and Policy Director Lori Pfingst's House testimony (at the 9:25 mark) and Senate testimony (at the 1:44:54 mark) on the two-generation approach to poverty prevention bill 

Budget Matters Summit

Thank you to all who attended our our Budget Matters 2015 policy summit. If you missed it (or would like to relive it), you can watch a highlight video of the summit or watch the full summit panel -- which featured a range of community leaders talking about how to advance racial equity in state policymaking.