This morning a joint hearing of the House Finance and Senate Community, Economic and Recreational Development committees heard testimony from various stakeholders on companion legislation HB 2340 and SB 1279, which would require DCED to submit a unified economic development budget and increase reporting on outcomes from government subsidies. The bills also include a provision tying subsidies to certain wage average industry levels – something the Pennsylvania Chamber of Business and Industry said it opposes. In addition to the Chamber and DCED, representatives from the Keystone Research Center, the AFL-CIO and the Pennsylvania Economic Development Association offered testimony. Check the Committee News section of the Capitol Toolbox later for the full story





