As Fidelity Investments plans to move 1,000 jobs out of Massachusetts to New Hampshire and Rhode Island, lawmakers are planning to hold hearing on March 29 to discuss how to penalize companies that receive tax breaks and then move.

“Fidelity has not only benefited from massive tax breaks and broken the agreement, but there ought to be very significant clawback provisions for its actions” Mark Montigny, chairman of the Massachusetts Post Audit Committee, told Bloomberg.

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