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Mar. 7, 2008 at 10:22am House passes Russell aid billThe state House of Representatives approved a bill yesterday that would forgive any state sales tax generated from construction spending for a new headquarters building for Russell Investments in Tacoma. The building, however, must be built within the city's empowerment zone that runs between Hill Top and the Thea Foss, and cost at least $30 million. A similar bill has already passed the Senate but must face another vote because of changed made by the House Finance Committee. The comments function of the Business Examiner community is meant to encourage conversations and spark ideas about business issues in the South Sound. The feature is free and open to members of the public who register basic log in information. Comments should be concise, on topic and avoid attacks, profanity or abusive language or content. Comments that are deemed to violate this policy will be removed. |
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