2021 Senate Bill 523

Join proposed multi-state anti-corporate welfare compact

Introduced in the Senate

June 9, 2021

Introduced by Sen. Aric Nesbitt (R-26)

To prohibit a state “strategic fund” bureau from using state money to finance or subsidize an “economic development project,” or provide a loan, grant, or other assistance to an economic development project, business or developer the fund violate a proposed interstate compact proposed by Senate Bill 524 that would ban on government subsidies to specific companies.

Referred to the Committee on Economic and Small Business Development