Creates a joint legislative task force on aerospace manufacturing.

Requires the task force to review the following issues related to expanding the presence of aerospace manufacturing and associated research and development, education, and training businesses at airports of regional significance:

(1) The composition of the current aerospace manufacturing industry in Washington state and significant trends that affect retention, expansion, and recruitment of companies in that industry;

(2) Aerospace and nonaerospace businesses currently sited at airports of regional significance;

(3) The inventory of untapped or underutilized capacity at airports of regional significance;

(4) Types of aerospace manufacturing and associated businesses that could be sited at airports of regional significance;

(5) Financial and technical resources that are available and those that would be needed; and

(6) Statutory and regulatory changes required to expand the presence of aerospace manufacturing and associated businesses at airports of regional significance.

Requires the task force to report its findings and recommendations to the legislature by June 30, 2007.

Appropriates the sum of two hundred fifty thousand dollars, or as much thereof as may be necessary, from the general fund to the house of representatives and the senate for the fiscal year ending June 30, 2007, to carry out the purposes of this act.