Making the Costs of Tax Incentives More Predictable

Source: National Conference of State Legislatures (NCSL), Webinar, January 15, 2016

Many states have seen the costs of specific tax incentive programs increase quickly and unexpectedly. When that happens, states have often faced significant budget challenges. This webinar presents new research from The Pew Charitable Trusts that shows how states can avoid budgetary surprises while using incentives to achieve economic goals. Hear examples of states that have designed incentives in ways that reduce fiscal risk and states that have developed sophisticated processes for forecasting the future costs of incentives.