SB 3 2R - JMAC Modifications

Expands the Job Maintenance and Capital Development (JMAC) fund. JMAC is a corporate welfare program that awards taxpayer funds to specific companies meeting certain eligibility requirements. SB 3 would have loosened some eligibility requirements and added other requirements to accommodate a specific corporation, and increased the amount of taxpayer dollars in the fund. Civitas believes the conservative position is for government to treat all businesses equally and to not provide taxpayer handouts or special tax treatment to specific, politically connected businesses or industries. The Conservative Vote is No.