SACRAMENTO, Calif. /California Newswire/ — Assemblymember Muratsuchi, Chair of the Select Committee on Aerospace, released the following statement on the passage of SB 718 (Roth) from the Assembly: “Our state is a leader in approving sensible policies that gain and preserve jobs for Californians. SB 718 continues to accomplish that by maximizing our opportunity to secure the ASAP contract and keep high-paying aerospace manufacturing jobs here at home.”
Assemblymember Muratsuchi is a Principle Co-Author of SB 718, which passed the Assembly floor with a 75-0 vote. This bill allows prime contractors, like Northrop Grumman, to utilize the recently created aerospace tax credits (AB 2389) to bid for the U.S. Air Force’s advanced strategic aircraft program (ASAP). A successful bid would mean thousands of new jobs for California.
Muratsuchi’s district, Assembly District 66, is home to Northrop Grumman, the largest aerospace/defense employer in the state.
SB 718 will now be considered in the State Senate.
Assemblymember Muratsuchi represents the 66th Assembly District, which includes the cities of Gardena, Hermosa Beach, Lomita, the Los Angeles communities of Harbor City and Harbor Gateway, Manhattan Beach, Palos Verdes Estates, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates, Torrance and the unincorporated communities of El Camino Village and West Carson.
Please visit the Assemblymember’s website, http://asmdc.org/members/a66/ for more information.