Representative Wynn is
currently circulating this legislation draft, let me know your
thoughts......
This bill would honor and support our
disabled veterans by giving tax credits to employers who hire
disabled veterans, with an emphasis on full-time and long-term
employment. Unemployment among veterans is above average, but
unemployment among disabled veterans, by some estimates, is at 50%
or higher.
For a full-time position, an
employer who hires an unemployed disabled veteran would receive a
$10,000 tax credit over the course of four years. For the first year
that the unemployed disabled veteran is hired, the employer will
receive a $4,000 tax credit. For each of the following three years,
the employer will receive a $2,000 tax credit as long as the veteran
remains employed there.
For a part-time position, the tax
credit for hiring an unemployed disabled veteran will be a maximum
of $2,000 the first year, and $1,000 each of the subsequent three
years, as long as the veteran remains employed there. The actual
amount of the credit will vary proportionately on the average number
of hours the disabled veteran works each week over the course of the
year.
I believe that part of the lost
revenue to the state will be made up by these veterans finding
gainful employment, taking them off of the unemployment rolls and
contributing to the economy of the state as a whole.
The Fiscal Estimate is:
FY 2012: $300,000
FY 2013: $1.3 million
FY 2014: $2.0 million
FY 2015: $2.4 million
FY 2016: $2.8 million
FY 2017: $2.9 million
However, this estimate does not
reflect the fact that these veterans will no longer be collecting
unemployment compensation. Reducing unemployment compensation will
reduce our debt to the federal government and thus help alleviate
the yearly assessments businesses pay for the interest owed to the
federal government.
Finally, the bill requires that
the Department of Workforce Development submit to the Joint Finance
Committee a report during the 2013 budget process describing the
impact of these credits. At that point, the tax credits can be
renewed, re-worked, or discontinued based on the evidence of its
effectiveness. This would, obviously, have a great effect on the
fiscal estimate.
Analysis by the
Legislative Reference Bureau
This bill creates an income and
franchise tax credit for hiring unemployed veterans. Under the bill,
a taxpayer may claim the following amounts as credits:
1. For each disabled veteran the
taxpayer hires in the taxable year to work a full−time job in this
state, $4,000 in the taxable year in which the disabled veteran is
hired and $2,000 in each of the three taxable years following the
taxable year in which the disabled veteran is hired.
2. For each disabled veteran the
taxpayer hires in the taxable year to work a part−time job in this
state, $2,000 in the taxable year in which the disabled veteran is
hired and $1,000 in each of the three taxable years following the
taxable year in which the disabled veteran is hired.
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Governor Walker Invites
Youth to Decorate the State Capitol Christmas Tree
Governor
Walker asked art teachers, parents, and youth all across
Wisconsin to help the State of Wisconsin decorate the
Capitol Christmas Tree. The theme of the tree this year
will be Honoring 163 years of Wisconsin’s Veterans.
“As the
holiday season comes, I am excited to announce that the
Christmas tree displayed in our State Capitol will have
homemade ornaments created by Wisconsin’s youth,” said
Governor Walker. “I am hopeful we receive ornaments from
all across Wisconsin so that we are able to showcase the
diversity that makes up our great state. I invite all
Wisconsin residents to stop by the Capitol and view our
state’s holiday display.”
The 2011
Capitol Christmas Tree was located by a DNR warden in the
Brule River State Forest area. The DNR is arranging
delivery with a local trucking company and the exact
delivery date has yet to be determined due to deer hunting
considerations but will be finalized soon. The tree will be
put up in the Capitol Rotunda, lit and start to be decorated
on Monday November 28th and will be completed by
Friday December 2nd.
Teachers or
students interested in displaying ornaments on the tree must
make their submissions by December 1, and the ornaments must
be based on the Honoring 163 years of Wisconsin’s
Veterans theme. The ornaments can be mailed to:
Governor
Walker’s Office
State
Christmas Tree Ornament Program
P.O. Box
7863
Madison, WI
53707-7863
Frequently Asked Questions from the DNR
The Department of Natural Resources strives to provide
accurate information to the public in a timely manner.
Consequently, we want to inform you of some revisions to the
Frequently Asked Questions (FAQ's) regarding new firearm
casing laws that are on the DNR Website.
Earlier this week, you were provided a link to the FAQ's, so
we want to inform you of these revisions. On 11-10-11, a
number of the answers posted at the link below earlier in
the week pertaining to new firearm casing and transportation
below were revised.
The revisions clarify that it remains illegal to place a
loaded rifle, shotgun, or muzzleloader inside any vehicle.
A loaded rifle, shotgun, or muzzleloader may only be placed
on the top or exterior of a stationary motor vehicle, or
leaned against a stationary motor vehicle.
The changes to the FAQ's are highlighted in red for ease of
reference.
Thank you in advance for assisting us in getting accurate
and timely information out to the public.