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Governor Signs Legislation By Santa Barbara Assemblyman Intended To Improve Public Transparency Of Economic Subsidies

Posted on Monday, October 14, 2013 12:18am

The governor has signed into law legislation from a Santa Barbara assemblyman which would require local agencies overseeing economic activity to provide information to the public before granting development subsidies.

AB 562 was authored by Democratic Assemblyman Das Williams of Santa Barbara.

The legislation is intended to give the public a better handle on the benefits, and costs of proposed subsidies before they are locked into place.

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