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The bill would repeal the space tax formula and exempt space flight income from state taxes, which Lackey contends would give companies like SpaceX, Virgin Galactic and United Launch Alliance an incentive to stay in the state. For example, Moon Express, a startup working to mine the moon for natural resources, moved from Mountain View to Florida in 2016, Lackey said.
In an email, Moon Express CEO and founder Bob Richard reiterated a statement he made last year that the decision to move was “in part due to the state of Florida’s progressive economic development incentives designed to attract commercial space companies.”
Since California has rigged its elections in a way that makes it impossible for Republicans to win, Republicans have little power in the state legislature. I therefore don’t expect this bill to pass.