Nondisclosure agreements; prohibiting state and local government entities from entering certain agreements. Effective date.

Summary

The bill bars state agencies and public trusts from entering contracts that forbid them from disclosing the terms of any incentive, tax credit, grant, or similar benefit they give to a for‑profit entity. It aims to keep information about costs, trade secrets, labor expenses, and profit margins public. The measure would take effect on November 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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