Establishes an interstate compact to phase out corporate giveaways by prohibiting member states from offering company-specific tax incentives or.

The bill establishes an interstate compact agreement to phase out corporate giveaways. It prohibits member states from offering company-specific tax incentives or grants to entities for relocating corporate headquarters, manufacturing facilities, office spaces, or real estate developments to another member state. The compact includes a national board to suggest improvements annually. It excludes workforce development grants that train employees. The compact remains in effect for remaining states if deemed unconstitutional in one state.

Establishes an interstate compact to phase out corporate giveaways by prohibiting member states from offering company-specific tax incentives or.

The bill establishes an interstate compact agreement to phase out corporate giveaways. It prohibits member states from offering company-specific tax incentives or grants to entities for relocating corporate headquarters, manufacturing facilities, office spaces, or real estate developments to another member state. The compact includes a national board to suggest improvements annually. It excludes workforce development grants that train employees. The compact remains in effect for remaining states if deemed unconstitutional in one state.