Committee adopts incentive evaluation commission recommendations on several incentive programs
The committee passed a package of bills originating from the Incentive Evaluation Commission (IEC) that include retaining the Rural Economic Action Plan, ending OCAST business finance program, clarifying tenant reporting for small business incubator credit, and limiting use of development enterprise reports to IEC evaluation.
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Senator Rader presented four bills recommended by the Incentive Evaluation Commission (IEC) concerning state economic incentives; the committee approved all four measures.
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