Lawmakers in Columbia pass an incentive package that may be targeting Boeing
Published: October 27, 2009
South Carolina state senators have approved an economic incentive package that appears tailored to bring a massive Boeing assembly facility to North Charleston. Lawmakers on Tuesday OK’d lower-interest construction bonds and incentives that include a sales tax exemption on fuel used in test flights.
To qualify, a company would have to bring at least 3,800 jobs and at least $750 million in investment to the state over seven years. The measure, which does not reference a specific company, was OK’d by a committee and then passed 44-0 by the full Senate.
It now heads to the House. The lawmakers meet as Boeing decides where to site a second assembly line for the 787 airliner. Everett, Wash., also is competing for the facility.
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