Establishing the Interstate Compact to Phase Out Company Giveaways as a compact among member states; stating the findings of member states; prohibiting member states from offering or providing certain company giveaways as an inducement to relocate certain facilities to a member state subject to certain exclusions; authorizing member states to withdraw from the Compact with 6 months' notice in a certain manner; establishing the National Board of the Interstate Compact to Phase Out Company Giveaways; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2020
Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
( 1.5-101 )
Last Updated: 9/22/2020 1:54 PM