Author Topic: Democratic lawmakers threaten $45M tax break for shipyard  (Read 415 times)

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Online Elderberry

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Democratic lawmakers threaten $45M tax break for shipyard
« on: January 11, 2020, 12:20:06 am »
Navy Times 1/10/2020

 AUGUSTA, Maine — Democratic leaders in Maine have threatened to roll back a shipyard’s $45 million tax break because they say conditions outlined in a 2018 law weren’t met.

House Speaker Sara Gideon and Senate President Troy Jackson sent a letter to Bath Iron Works that stated the average wage at the shipyard has declined, the company has hired mostly low-wage scale workers and is planning to hire out-of-state subcontractors, the Portland Press Herald reported Thursday.

"We championed this legislation based on the promise of continued good-paying jobs at the BIW shipbuilding facility," Gideon and Jackson wrote in their letter dated Dec. 20. "It would be unfortunate if the Legislature had to reconsider this special tax credit because of the ever-growing evidence that BIW has not lived up to their end of the bargain."

More: https://www.navytimes.com/news/your-navy/2020/01/10/democratic-lawmakers-threaten-45m-tax-break-for-shipyard/