April 10, 2023      5:22 PM

Making changes aimed at reporting and additional transparency, Chairman Hunter presses forward with tax incentives legislation

Hunter said “We always hear the word 313. That’s gone. This is not 313.” Members including Ways and Mean Chair Meyer have concerns including the role consultants play in tax abatement deals and whether renewables will be included

Saying he wanted to keep things “succinct and to the point,” State Affairs Chairman Todd Hunter on Monday laid out his new language for House Bill 5 before the Ways and Means Committee. The committee substitute, negotiated in recent weeks, was starting to circulate Sunday night.

“The bottom line is we’re trying to promote the economy for the future,” Hunter said in his layout, telling members that the new language has a sharp focus on reporting and accountability for projects that would get school district tax abatements.

But referring to the controversial decades-old program that expired last year, Hunter said “We always hear the word 313. That’s gone. This is not 313.”

By Scott Braddock

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