JOBS TAX CREDIT EXPANSION
Yesterday, Assembly Bill 1, which
expands the state’s existing Jobs Tax Credit program passed in the State
Assembly with a bipartisan vote of 95-2. This program has been extremely
successful in Wisconsin and effective for job creation and economic
development. Currently, the state has already come close to issuing the
maximum amount of credits that can be issued per year. Under this bill,
the $5 million annual cap on Jobs Tax Credits is increased to $10
million.
This program has been a strong tool for economic development that does
not favor one industry over another. Employers are able to receive a 10%
refundable tax credit on wages paid and eligible training expenditures.
The tax credit can be used by job creators to pay higher wages, hire
additional employees, invest in new equipment, expand research and
development, reduce debt load, or direct it to where there is the most
need.
APPLICATIONS FOR NATIONAL CHRISTMAS
TREE ORNAMENT PROGRAM
Each year hand crafted ornaments are made to hang on the 56 trees in
Washington D.C. that represent every territory, U.S. state, and the District
of Columbia. These trees are placed around the National Christmas Tree.
Yesterday, the Governor’s office outlined how an art teacher or artist can
team up with youth who may be in an art class, after school program, or
children’s hospital to design ornaments that will be used to decorate
Wisconsin’s national Christmas tree in Washington D.C.
Every state is allowed to have 24 ornaments. The Governor’s office will
randomly select the artist and youth group. The globes used to make the
ornaments are provided by the National Park Foundation and can be viewed at
this website:
http://www.darice.com/ecom/productdetails.aspx?it=1105-89&oid=5898 .
If you are an artist or art teacher interested in pairing with youth to
design an ornament, please email
govpress@wisconsin.gov with the name of the art teacher or artist and a
brief description of the youth that will be worked with to make the
ornament. Please also include the approximate age and location of the youth.
Submissions will be accepted until noon on October 25th. Decorated ornaments
using the globes provided by the National Park Foundation should be returned
no later than November 18th.
UPCOMING SURVEY
I am planning to do a fall survey on my website in the next few weeks so
that I can hear your input on a wide range of topics. I hope you will be
able to find time to fill it out when it is ready and let me know your
opinion.
The link to my website is:
http://legis.wisconsin.gov/assembly/larson/Pages/default.aspx.
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