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Tuesday, April 12, 2011

 5:10 PM 

Assembly passes bill creating Beloit development opportunity zone

The chamber has approved AB 13 by a 89-4 vote.

The proposal would establish a zone in the city of Beloit that would last five years and allow tax benefits of up to $5 million. The Department of Commerce would be able to extend the zone for an additional five years and $5 million.

Rep. Amy Loudenbeck, R-Clinton, asked members to show that job creation could be supported on a bipartisan basis. But Minority Leader Peter Barca, D-Kenosha, said Republicans should have backed an amendment to include all of Rock County in the development opportunity zone.

"We can't predict where industry is going to want to go," Barca said.

Rep. Joe Knilans, R-Janesville, countered that the bill as written would benefit Rock County as a whole, saying he viewed Beloit and Janesville as "twin cities" in southern Wisconsin.


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