Matt Benoit, Murrow News Service
Backers of a new state bill say tax exemptions for telecommunications companies could boost Washington’s economy. Senate Bill 6322 would provide the companies with investment incentives by eliminating sales and use taxes applied to the purchase of telecommunications equipment. The exemptions aim to create and retain jobs within the state’s telecommunications industry.
“This bill is all about jobs,” said Sen. Sharon Brown, R-Kennewick, the bill’s primary sponsor. “What we need to do is create incentives for businesses to continue to operate and work in Washington state.”
A report from the Association of Washington Business showed manufacturing and equipment incentives created 58,000 new jobs in Washington between 1995 and 1999, adding $27.5 billion to the state’s economy, Brown said.
The bill was heard Tuesday in Olympia by the Senate Committee on Energy, Environment & Telecommunications.