18 March 2011

Authorship of Enterprise Zone Expansion Bill

This week I authored legislation to expand Wisconsin’s highly successful Enterprise Zone Program. As one of the state’s most effective tax credit programs, Enterprise Zones provide credits for job creation, job retention, employee training, and significant capital expenditures within the state of Wisconsin. It is one of the state’s most effective tools in promoting and retaining jobs in a fiscally responsible manner.

The program is currently returning tremendous dividends to Wisconsin taxpayers: the Milwaukee Journal Sentinel in June reported that after allocating the first four enterprise zones, the state had committed up to $135.6 million in tax credits and was on track to recoup $164 million from economic activity and new revenue. So, while the program pays for itself, it likewise creates new tax revenues over the long run. The initial four zones likewise helped create and save 7,400 jobs.

The Expansion Bill will authorize the creation of three additional enterprise zones throughout the state. The bill is scheduled for a public hearing in the Assembly Jobs, Economy, and Small Business Committee on Tuesday, March 22nd.


Assembly Passes Consumer Choice in Auto Insurance Act

A budget provision from Governor Doyle’s last session increased minimum insurance mandates on Wisconsin drivers. In the last eight months alone, nearly 17,000 people were convicted for not having auto insurance. The unemployment and the uninsured rates correlate with one another, and in these tough economic times too many people are choosing to forego auto insurance when money is tight. Unfortunately, this provision detrimentally affects low and middle income families across the state – doubling or tripling coverage in some households and causing premiums to skyrocket. That is why I have joined many of my colleagues in cosponsoring this important legislation. This legislation repeals the costly Doyle mandates to allow consumers a choice in their auto insurance purchase.

Although it took two attempts to pass this legislation through the Assembly due to a partisan procedural maneuver, the bill was referred on to the Senate with bipartisan support where it awaits further action.
 


Meetings with Local Area Schools

This budget cycle will bring challenges to individuals and institutions across the state. One of those institutions being hit by our budget shortfall is our public schools. I have met with and spoken to administrators at schools throughout the 67th district, and I appreciate everyone’s willingness to discuss these issues frankly and politely. Our public schools are an essential resource for our children and the future of our state, and I hope my discourse with these public servants can continue. A stated goal of our current administration is to make Wisconsin “open for business,” and we need an educated public – and an educated future generation – in order to make that a reality. While we have some very difficult problems to solve in this budget cycle, I am confident that we can bring needed change by discussing these issues together.
 

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State Capitol Room 18 West- PO Box 8952, Madison, WI 53708
(608) 266-1194
Email: Rep.Larson@legis.wi.gov