Commission elects Lyle Rocco chair, Carlos Johnson vice chair; approves 2026 evaluation criteria

The Incentive Evaluation Commission elected Lyle Rocco as chair and Carlos Johnson as vice chair and approved the commission’s recommended 2026 evaluation criteria.

During roll call the commission approved the Dec. 4, 2025 minutes with two affirmative votes and two abstentions; the chair directed the clerk to reflect the abstentions in the record. Commissioners then moved and seconded motions to elect leadership: the motion to elect Rocco as chair passed on roll call, as did the motion to elect Carlos Johnson as vice chair.

Rita Armour reported that the criteria subcommittee met with PFM and recommended the 2026 criteria. Randall Bauer and the PFM team described the criteria as broadly consistent with prior years but with added emphasis on longitudinal data where available and attention to layering of incentives (instances where multiple incentives—employer and employee credits, for example—apply to the same firms).

Commissioners discussed process items such as separating pooled bond finance and the 3P program in evaluations when appropriate and confirmed the commission’s established practice of benchmarking incentives against competitor states. The commission voted to approve the 2026 evaluation criteria by roll call; the motion carried.

The chair announced the next meeting is scheduled for April 9, and the meeting adjourned following a motion to adjourn.