Mo. lawmakers pass $1.7B incentive plan for Boeing
Sat, 07 Dec 2013 15:10:00 GMT —
Missouri lawmakers have given final approval to incentives for Boeing to assemble to a new passenger airplane in the St. Louis area.
The House voted 127-20-2 Friday for the legislation that authorizes as much as $1.7 billion of incentives over more than two decades for Boeing to produce the 777X jetliner. The legislation passed the Senate on Wednesday by a 23-8 vote.
Now it's up to Boeing to decide whether Missouri's offer is good enough.
Boeing sought proposals from more than a dozen locations after a machinists union in Washington state rejected a proposed contract last month.
Gov. Jay Nixon called a special session in order to increase the amount of incentives Missouri could offer. Missouri's proposed incentives are linked to the number of jobs created.