After substantially scaling it back, the General Assembly on May 7 finally approved a massive tax break to entice a Canadian airplane manufacturer to locate in Kansas City. The package of $240 million over eight years is far less than the $880 million over 22 years originally sought.
The tax incentive bill, HB 2393, is to encourage Bombardier Aerospace to build a $400 million assembly plant near Kansas City International Airport that would be expected to employ 2,100 people. However, passage of the measure, which awaits Gov. Matt Blunt’s signature, is no guarantee the company will put its plant in Missouri. The company has expressed its preference is to build the facility near its headquarters in Montreal, Quebec.
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