Anti-Poaching Agreements: A Backgrounder
September 21, 2006
Discussions in the Cleveland area of a possible agreement against using economic incentives to lure local companies to nearby municipalities prompted Policy Matters Ohio to gather information on other such agreements. Though they are uncommon, we found several, which are described in this September 2006 background memo by Policy Liaison Wendy Patton. The memo includes links to some of the agreements, along with recommendations on what they should include.
Read the memo
Since this memo was produced, the Cuyahoga County (OH) Mayors & City Managers Association has approved a non-binding set of tax-sharing principles. The agreement calls for limits on certain tax abatements covering moves within the county. It also provides for income-tax revenue-sharing between the original city and and the new host city in cases where a company moves from one location in the county to another. Click here for a copy of the principles.
Good jobs First has further information on accountable economic development and anti-poaching practices at the state, local and federal level.