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Committee recommends 'do not pass' on House Bill 1571 after debate over transparency and fiscal impact
Summary
After debate about transparency of tax exemptions and the program's fiscal effects, the Finance and Taxation Committee voted to recommend 'do not pass' on House Bill 1571. Members cited lack of available evidence on job creation and noted a prior commitment extending the program to 2029.
The Finance and Taxation Committee voted to recommend a "do not pass" on House Bill 1571 after members debated transparency of certain tax exemptions and whether the program has demonstrable job-creation benefits.
Representative Olson moved for a committee recommendation of "do not pass" on House Bill 1571; Representative Haggart seconded. Representative Machenbacher, who said he had previously signed on to the bill, said he would support the do-not-pass recommendation because "we dedicated ourselves out to 2029 on this bill" and he felt the committee should "live up to our…
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