H.R.286: To prohibit States and localities from receiving certain Federal economic development assistance if the State or locality provides improper incentives for location of businesses or organizations within the State or locality.

About This Bill

Bill Summary

Prohibits States and localities from receiving certain Federal economic development assistance if the State or locality offers, permits, or grants any tax abatement, money payment, or payment of property for the location of businesses or other organizations within the State or locality. Creates an exception to such prohibition for enterprise zones.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Banking and Financial Services, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Banking and Financial Services
Referred to House Transportation and Infrastructure
Referred to the Subcommittee on Public Buildings and Economic Development.
Referred to the Subcommittee on Housing and Community Opportunity.
Jan. 4, 1995

Introduced in the House by Andrew Jacobs Jr. (D-Ind.)

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