Bill Summary

by Eskamani Co Sponsors: Smith (C)

Interstate Compact Agreement to Phase Out Corporate Giveaways: Prohibits member states from offering or providing company-specific tax incentives or grants for specified purposes; provides exceptions; provides procedures for withdrawing from agreement; provides enforcement authority to specified entity; establishes national board to publish suggested revisions to agreement; provides for election of officers; provides for liberal construction; provides for severability. Effective Date: upon the adoption of the interstate compact agreement by two or more states

» H Workforce Development & Tourism Subcommittee
   H Ways & Means Committee
   H Commerce Committee

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