Bill repealing Boeing tax break clears the state Senate
OLYMPIA — The state Senate on Tuesday approved a much-worked bill to repeal a tax break for Boeing — but not give it all back in the future.
Senate Bill 6690 seeks to resolve an international trade dispute between the U.S. and the European Union and prevent billions of dollars in retaliatory tariffs on the aerospace giant’s planes, its suppliers’ products and other Washington exports such as fruit, wine and seafood.
This agreement “keeps faith with our workers and keeps faith with our aerospace sector,” Sen. Marko Liias, D-Lynnwood, the bill’s sponsor, said during the floor debate.
It passed on a 43-5 vote and now goes to the House for action.
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