Nixon called the State Legislature into special session one week ago to consider Senate Bill 1. The bill passed the Senate by a 23-8 vote and the House by a vote of 127-20.
“Production of the Boeing 777X would create thousands of high-paying jobs, generate billions of dollars in investment and spur economic growth in every corner of our state," Nixon said through a press release Friday.
"That’s why competition for this next-generation aircraft is so fierce. Today, by reaching across party lines to develop an approach that protects taxpayers and guarantees a return on our investment, we are in a very strong position to compete.”
More than a dozen states are competing to build the 777X, Boeing's next-generation commercial aircraft.
Senate Bill 1 could provide up to $150 million annually for an aerospace project that creates at least 2,000 jobs. The total amount Boeing could receive will depend on the number of jobs, the wages of those jobs, the amount of capital investment and the cost of training workers to build the aircraft.
Earlier this week, Nixon announced the formation of an educational consortium of St. Louis-area community colleges to train and certify graduates for aerospace and manufacturing jobs.
Boeing is expected to announce where it will move production of the 777X by mid-January.