Bill Status of HB 4138   101st General Assembly

Short Description:  CORPORATE GIVEAWAYS COMPACT

House Sponsors
Rep. Bob Morgan-Michael Halpin-Joyce Mason, Marcus C. Evans, Jr., Kelly M. Cassidy, Deanne M. Mazzochi, Kelly M. Burke and John Connor

Last Action  View All Actions

DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act

Synopsis As Introduced
Creates the Phase Out Corporate Giveaways Interstate Compact. Enters into the compact, which may be entered into by any state and the District of Columbia, in which each member state agrees not to offer or provide any company-specific tax incentive or company-specific grant to any entity for a corporate headquarters, manufacturing facility, office space, or other real estate development located in any other member state as an inducement for the corporate headquarters, manufacturing facility, office space, or other real estate development to relocate to the offering member state. Defines terms. Excludes: (1) workforce development grants that train employees; (2) company-specific tax incentives or company-specific grants from local governments; and (3) specified company-specific tax incentives or company-specific grants related to companies already within the member state. Creates the Phase Out Corporate Giveaways Board and provides for membership and meeting requirements. Provides for withdrawal of a member state with a 6-month written notice to each member state's chief executive officer. Contains construction and severability provisions.

Actions 
DateChamber Action
  1/17/2020HouseFiled with the Clerk by Rep. Bob Morgan
  1/22/2020HouseFirst Reading
  1/22/2020HouseReferred to Rules Committee
  1/28/2020HouseAssigned to Revenue & Finance Committee
  1/28/2020HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr.
  1/28/2020HouseAdded Chief Co-Sponsor Rep. Michael Halpin
  1/28/2020HouseChief Co-Sponsor Changed to Rep. Michael Halpin
  1/29/2020HouseAdded Co-Sponsor Rep. Kelly M. Cassidy
  1/29/2020HouseAdded Chief Co-Sponsor Rep. Joyce Mason
  2/5/2020HouseTo Income Tax Subcommittee
  2/10/2020HouseAdded Co-Sponsor Rep. Deanne M. Mazzochi
  3/2/2020HouseAdded Co-Sponsor Rep. Kelly M. Burke
  3/2/2020HouseAdded Co-Sponsor Rep. John Connor
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

Back To Top