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Committee tables bill to refine Investment Incentive Act while sponsor and CEDA negotiate amendments

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Summary

The House commerce committee tabled House Bill 24-4, a bill to amend the Investment Incentive Act, after the bill's sponsor said she is still negotiating technical changes with the Commonwealth Economic Development Authority (CEDA).

The House Committee on Commerce on Wednesday tabled House Bill 24-4, legislation to amend the Investment Incentive Act to refine eligibility for qualifying certificates, strengthen procedural safeguards, mandate more detailed reporting and enhance oversight.

The bill's sponsor, Vice Chair Julie Hogle, told the committee, "This is, my bill,…

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