WBIA BLOG

Upcoming Events

In the next few weeks the Joint Finance Committee will be hosting public hearings around the state to discuss the Governor's Executive Budget. The Joint Committee on Finance is a statutory, standing committee of the Wisconsin Legislature. The Committee's primary responsibility is to serve as the principal legislative committee charged with the review of all state appropriations and revenues.

The hearing dates and locations are as follows:

March 20 – Milwaukee (10:30 to 4:30)
March 21  – DeForest (10 to 4)
March 27 – Chippewa Falls (12 to 5)
April 4 – Prairie du Chien (12 to 5)
April 11 – Rhinelander (12 to 5)
April 12 – Green Bay (10 to 4)

Here are some of the proposed initiatives you might be interested in:
• Provide $30 million over the biennium for the Energy Independence Grant and Loan Program to increase the use of renewable energy and fuel technology.
• Target $5 million from the Energy Independence Grant and Loan Program for grants to develop the nation's first cellulosic ethanol plant.
• Increase angel and early stage seed investment tax credit awards by $5 million annually to support high-technology and biotechnology startup companies.
• Increase the distribution and availability of E85 and biodiesel fuel through an annual allocation of $1 million in tax credits for gas stations and private fleet operators who install E85 and biodiesel tanks and pumps.
• Provide $2 million over the biennium to contract with nonprofit organizations that assist businesses to reduce and recycle solid waste through direct business recycling projects, best practices exchanges, and research and development to address environmental or market issues with specific technologies.
• Create the Wisconsin Venture Center to connect entrepreneurs with investors accelerating the development and growth of biotechnology and health care technology businesses.

Here is a link to the full text of the budget: http://www.wisgov.state.wi.us/budget.asp

Permalink + Share This

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.