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Committee advances bill to require local reporting of economic development incentives to Commerce (House Bill 2304)
Summary
House Bill 2,304, as amended, would require local governments to report economic development incentive awards to the Secretary of Commerce for posting in a searchable database; the amendment extends the reporting deadline from 30 to 45 days and clarifies the definition of covered incentives.
The Committee on Government Efficiency approved House Bill 2,304 as amended, a bill requiring local governments to report economic development incentive programs and related data to the Secretary of Commerce, which must maintain a searchable public database.
David Weese, the committee reviser, summarized that the bill “require[s] that certain reports from local governments concerning local economic development incentive programs” be submitted to the Secretary of…
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