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Invest Wisconsin: Republicans propose sweeping changes to promote investment in new startups in the State

Legislative package could serve as roadmap for transforming Wisconsin’s economy

A $130 million package of legislative incentives proposed recently by state Republicans is designed to build on efforts to transform Wisconsin’s economy into a knowledge-based, innovation economy. The package of 20 bills, dubbed “Invest Wisconsin,” http://wistechnology.com/InvestWisconsin.pdf seeks to encourage the creation of high-technology businesses, ands is part of a three- to four-year campaign designed to deliver tax relief, regulatory reform, judicial reform, workforce retraining, infrastructure enhancement and capital investment, says State Sen. Ted Kanavas (R-Brookfield), one of the principals behind the proposed legislation.

Invest Wisconsin comes on the heels of the passage of job creation bills during the 2003-2005 legislative session, which was cited as one of the most pro-business sessions in modern state history. Invest Wisconsin seeks to build upon that effort with a package of bills that support promoting capital investment, enhancing the state’s vital infrastructure and reforming government regulations that its sponsors say are burdensome to business.

John Rondy

Full Story: http://wistechnology.com/article.php?id=2504

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