From senator Knight, Thursday, August 14, 2014 Honoring their commitment to pass a comparable measure that includes all potential bidders of the U.S. Air Force Strategic Aircraft proposal, the Senate voted for Senate Bill 718 (Knight/Roth) that was jointly authored by Senator Steve Knight (R-Antelope Valley). Knight was also the principal co-author of Assembly Bill 2389 that was signed into law in June. AB 2389, similar to Knight’s SB 998, was the product of intense negotiations to maintain and attract new aerospace jobs for California through effective tax credits. That measure, however, was not all inclusive of potential contractors on the bid, so Senators committed in committee to draft a new bill while legislators were back in their Districts throughout July. These extraordinary efforts show that the aerospace industry is important to California, and that we are serious about welcoming their business, job opportunities, and continued innovation. The economic benefits of this project to our state can be measured in thousands of new jobs. Offering our businesses the advantage of reduced costs will help us compete against other states who are determined to take our jobs and brain trust, said Senator Knight.
Posted on: Thu, 14 Aug 2014 19:43:24 +0000
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