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2013 House Bill 5170: Mandate claw back (penalty) in “economic development” business subsidies
Introduced by Rep. Jon Switalski (D) on December 4, 2013
To require that state “economic development” agreements granting tax breaks, loans or cash subsidies to particular corporations or developers must include a “clawback” provision, requiring the recipient firm to repay the benefits if it does not meet the job or investment promises specified in the agreement.   Official Text and Analysis.
Referred to the House Commerce Committee on December 4, 2013