Governor Signs Bill to Restore Aerospace Incentives

• April 04, 2011
  
  

  Gov. Mary Fallin signed legislation into law today that will remove the Aerospace Engineer Workforce and Recruitment incentives from the list of credits on moratorium as of July 1 this year.

  House Bill 1008, by Rep. Skye McNiel and Sen. Mike Mazzei, will help grow the aerospace industry in Oklahoma and create more high-paying jobs.

  The legislation received bipartisan support in both the House and Senate as it moved through the legislative process.

  The aerospace industry is currently one of Oklahoma’s top three economic engines. The credits are proven job-creators, as they can only be claimed after companies have hired new aerospace engineers. The creation of new jobs is a requirement to claim the credit.

  For more information about The State Chamber and how you can get involved, click here. If you are a member and would like to be a part of The State Chamber’s Aerospace Committee, contact Lindsey Sparks.

  CHAD WARMINGTON
  Executive Vice President

  The State Chamber of Oklahoma
  330 NE 10^th Street | Oklahoma City, OK 73104
  Phone: (405) 235-3669 | Fax: (405) 235-3670

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