Economic Development NDA Ban Appears Dead After Missing Crossover Deadline
Following the General Assembly’s “crossover” deadline, SB 853, which restricts the use of nondisclosure agreements in economic development negotiations, faces increasingly long odds of advancing without committee approval. With the “crossover” deadline now passed, legislation not approved by its originating committee is increasingly unlikely to advance this session. MACo opposed SB 853 which would broadly prohibit an individual, governing body, legislator, or employee from entering into a nondisclosure agreement (NDA) with a person involved in…