Efforts continue to pass a venture capital bill in the state Legislature, although it remains unclear if an agreement can be reached this fall. Such a plan could make it easier for businesses to access the cash they need to expand, creating new jobs in Wisconsin.
State Representative Robin Vos (R-Rochester), co-chair of the Legislature’s budget committee, says getting a version of the bill passed remains a priority. However, he says lawmakers are not yet close to reaching a deal.
A previous version of the bill was dropped after concerns were raised about a provision that would have sent money to out-of-state financial firms. Governor Walker says he did not include a venture capital plan in his special session call because he believed lawmakers were working towards an agreement on a bill on their own.
AUDIO: Andrew Beckett reports 1:06
