Gov. Jay Inslee released a statement today on proposed legislation to address an ongoing dispute between the European Union and Boeing.
"There is broad agreement in Olympia that we need to act this session to address the WTO issue in order to avoid retaliatory tariffs that would damage not just our commercial aircraft industry, but other important Washington exports.
"The potential negative impact of that is highlighted by the fact that Boeing has said it would support ending that tax incentive. The bills call for a process that could reinstate incentives if allowed under a future agreement with the European Union.
"Lawmakers and I have discussed this and we agree today’s bill is just a starting point. I will be working with the company, its machinists, engineers and others to get this done in a timely fashion.
“We need careful consideration of the issues and precision work on the legislation which involves not just state tax law, but international trade agreements and domestic trade law.”