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Tuesday, October 8, 2013

 5:34 PM 

Tenant-Landlord bill passes the Assembly; Dems move on to pulling motions on job bills

The bill passed on a 57-37 vote. The bill will head to the Senate for one more vote.

The Dems are now trying to take up two of their jobs bills, starting with AB 47, a bill creating entrepreneurial tax credit access grants. The bill was brought up last session as part of Gov. Scott Walker's special session on jobs, but never reached the floor.

Author Rep. Fred Clark, D-Baraboo, said the bill would provide grants from WEDC to finance expenditures for small businesses in conjunction with loans from commercial lenders. The grants would be for expenditures that normally would have been eligible for tax credits but aren't made because of a lack of "upfront" funding.

Democrats said the bill was an inventive measure that would go a long way in helping small businesses make capital investments needed to grow.

"The war cry we've heard from day one of this session is jobs, jobs, jobs," said. Rep. Gary Hebl, D-Sun Prairie, "We've been woefully negligent in not getting those bills for jobs here in Wisconsin and we continue to make the excuse, 'Well, they're going to come.' But they're not going to come unless we take affirmative action for our small businesses to succeed in this state.

UPDATE: That pulling motion failed and we're on to another Dem bill brought up during the special session that would create a refundable early-stage seed and angel investment tax credit.


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