When state legislators consider proposals for new economic development tax incentives, they face hard choices. Subtle differences in the design of business incentives—such as how the benefits are structured or how states determine which companies are eligible—can make the difference between programs that achieve their goals and ones that prove ineffective.
Research by The Pew Charitable Trusts has identified three practices that can guide considerations: establishing principles for designing tax incentives; developing procedures to consider proposed incentives in a deliberative manner and conducting upfront analysis to forecast program effectiveness.
This recorded webinar discusses approaches to considering newly proposed tax incentive programs with Khara Boender of The Pew Charitable Trusts, Dawn Iglesias, chief economist of the New Mexico Legislative Finance Committee and Jeff Mitchell, senior fiscal counsel of the Washington Senate Ways and Means Committee.
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- Khara Boender, senior associate, The Pew Charitable Trusts
- Dawn Iglesias, chief economist, Legislative Finance Committee, New Mexico
- Jeff Mitchell, senior fiscal counsel, Senate Ways and Means, Washington
This webinar was made possible with the generous support of The Pew Charitable Trusts.