LCO No. 1879 1 of 1 General Assembly Proposed Bill No. 6176 January Session, 2021 LCO No. 1879 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. ELLIOTT, 88th Dist. AN ACT CONCERNING THE INTERSTATE COMPACT TO PHASE OUT CORPORATE GIVEAWAYS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to adopt the interstate compact 1 to phase out corporate giveaways, under which member states agree not 2 to offer or provide company-specific tax incentives or company-specific 3 grants as inducement to companies to relocate to the offering state. 4 Statement of Purpose: To adopt the interstate compact to phase out corporate giveaways.