House Revenue: Thursday, March 23, 2023
The committee considered a proposal to change some of the statutory requirements for the Strategic Investment Program.
Hearing Summary
On Thursday, the House Revenue Committee held a public hearing on a proposal to increase the minimum investment thresholds for the Strategic Investment Program (SIP). While the program is accredited for securing large investments in the semiconductor, data center, and clean energy industries, spending advocates assert the legislature must do more to manage the state's tax incentives.
