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January 2004   
Economic Development Accountability Laws

Steve Lerch

As part of an overall economic development strategy, state and local governments have provided a variety of financial incentives to attract new businesses or encourage existing firms to remain or expand. Some cities and states have enacted accountability measures to better gauge whether job creation and other economic development goals are being met and to provide additional information on economic development spending. This report provides brief descriptions of three broad approaches to accountability provisions.

Document ID: (04-01-4101)

 
Keywords: accountability, economic development, economic trends, economics, tax credits, tax policy, taxation, taxes, taxpayer, taxpayers, Washington economy, tax exemption, tax incentives


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