Amends the Corporate Accountability for Tax Expenditures Act to allow development assistance for office construction or relocation projects retaining.
SB1838 amends the Corporate Accountability for Tax Expenditures Act to allow development assistance for new office construction or relocation projects that retain at least 100 jobs in counties with more than 25,000 but less than 50,000 residents. The bill requires standardized applications for state development assistance, including details on job retention, types of assistance requested, and a certification of the accuracy of the information provided.
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