A bill to prohibit a public officer of this state or a political subdivision of this state from entering into certain nondisclosure agreements regarding economic development projects; and to provide remedies.
Termed the "Economic Development Transparency Act," it prohibits public officers at both state and local levels from entering into nondisclosure agreements that conceal details of economic development projects utilizing public funds. The bill defines economic development incentives broadly, covering tax incentives, grants, loans, and other financial aids.
Co-sponsored by Sens.
Referred to the Committee on Economic and Community Development
