WA HB2730

Amends the evaluation criteria for aerospace industry tax preferences originally established in 2013 and extended through July 1, 2040

Requires the Joint Legislative Audit and Review Committee to review tax preferences by December 1, 2019, and every five years thereafter

Beginning with the December 1, 2029 review, requires assessment of Washington's share of aerospace industry employment compared to other states using a rolling five-year average

Directs the committee to consider whether noncommercial aerospace sector changes, job type variations, and economic conditions affected employment outcomes

Establishes legislative intent to extend aerospace tax incentive expiration dates if reviews show Washington's share of aerospace employment stays the same or grows relative to other states