Introduced
by
To require the state to contract with a consultant, nonprofit entity or academic institution to evaluate whether government economic development incentives are effective at growing the state economy and employment. This would apply to programs that grant certain companies that have been selected by state officials exemptions to property taxes and other levies, or that deliver actual cash subsidies to particular firms.
Referred to the Committee on Financial Liability Reform
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 104 to 3 (details)
To require the state to contract with a consultant, nonprofit entity or academic institution to evaluate whether government economic development incentives are effective at growing the state economy and employment. This would apply to programs that grant companies selected by state officials exemptions to property taxes and other levies, or that deliver actual cash subsidies to particular firms.
Referred to the Committee on Economic Development and International Investment
Amendment offered
To require the proposed report to be sent to the various agencies whose officials are employed to manage the subsidy programs, and establish that they "may" respond to it (but aren't required to).
The amendment passed by voice vote
Passed in the Senate 36 to 1 (details)
To require the state to contract with a consultant, nonprofit entity or academic institution to evaluate whether government economic development incentives are effective at growing the state economy and employment. This would apply to programs that grant companies selected by state officials exemptions to property taxes and other levies, or that deliver actual cash subsidies to particular firms.
Passed in the House 107 to 2 (details)
To concur with the Senate-passed version of the bill.
