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You are here: Home / Business / Democrats propose restrictions on WEDC funding

Democrats propose restrictions on WEDC funding

August 11, 2015 By Bob Hague

Democrats in the legislature are proposing restrictions on the Wisconsin Economic Development Corporation. The legislation would ban companies from applying for state assistance for five years if they have shipped jobs outside of Wisconsin’s borders after receiving state aid.

“We’re here to help, but we expect one thing,” said state Representative Andy Jorgenson (D-Milton). “Don’t move those jobs out of our state or our country.” The bill is in a response to reports that some companies that received support through WEDC laying off Wisconsin workers to relocate jobs elsewhere.

“We simply cannot afford, and should not allow WEDC to dole out taxpayer dollars to businesses that ship Wisconsin jobs beyond our borders,” Jorgenson said.

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Filed Under: Business, Legislature, News, Politics / Govt



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