ACRE Policy Analyst Jacob Bundrick answered questions from members of the State Agencies & Government Affairs – Senate Constitutional Issues Subcommittee on Tuesday, February 20th about Arkansas economic development incentives.

Bundrick explained the conclusions of a working paper by him and ACRE Scholar Dr. Tom Snyder, 每日大赛网站 Associate Professor of Economics, titled 聽 which takes an empirical dive into the relationship between Quick Action Closing Fund (QACF) subsidies and private employment and private establishments in Arkansas鈥檚 counties.聽A one-page infographic of their findings can be read here.

This was Bundrick’s second trip to the Capitol to visit with this committee about the issue. You can read about his visit on Feb. 5th here.

Mike Preston, executive director of the Arkansas Economic Development Commission, also spoke to the committee in defense of QACF subsidies.

Bundrick鈥檚 comments at the meeting were quoted in articles in and .

For more on the pros and cons of targeted economic development incentives, be sure to check out Bundrick鈥檚 Policy Review Tax Breaks & Subsidies: Challenging the Arkansas Status Quo.