HB0095 - Company-Specific Subsidy Interstate Compact Act

• Creates an interstate compact allowing states and the District of Columbia to agree not to offer company-specific subsidies to corporations for headquarters, manufacturing facilities, office space, or real estate developments.

• Establishes the Interstate Company-Specific Subsidy Board upon the second state joining the compact, with each member state appointing 5 board members (one from the governor's office, two from majority leaders, and two from minority leaders of legislative chambers).

• Exempts existing company-specific subsidies from the agreement, but any changes, renewals, or reenactments of existing subsidies are considered new subsidies and prohibited under the compact.

• Excludes workforce development grants from the agreement, as employee training is identified as the primary beneficiary rather than the company.

• Allows member states to withdraw from the compact with 6 months' written notice to the chief executive officers of all other member states.