(AP) – New details about Missouri’s bid for a Boeing assembly plant show the state could offer more than $1.7 billion of incentives over two decades.

 

Gov. Jay Nixon’s office released details about the incentives Tuesday to The Associated Press as lawmakers prepared to hear testimony about it in a special session.

 

Nixon also said a new agreement among St. Louis labor councils could help Missouri compete for the Boeing 777X airplane.

 

Boeing solicited proposals to build its next-generation commercial aircraft after union members in Washington state rejected a proposed contract that sought concessions.

 

Missouri’s potential package of incentives is based on the jobs created. If Boeing adds 2,000 jobs, the incentives could total up to $435 million by 2040. If Boeing adds 8,000 jobs, the incentives could total $1.74 billion.

 

 

(AP) – Committees of the Missouri House and Senate have scheduled hearings on incentives aimed at helping persuade Boeing Co. to build its 777X commercial aircraft in the state.

Lawmakers on Monday opened a special session called by Gov. Jay Nixon to consider a package of up to $150 million annually in incentives for Boeing.

On Tuesday, a Senate committee plans to meet at 5 p.m. to consider the proposal. The House Economic Development Committee is scheduled to consider that chamber’s legislation following the conclusion of the Senate hearing.

Missouri is among several states seeking to win the 777X. Nixon says the state is facing a Dec. 10 deadline to submit an offer to Boeing.