LRB-2066/P1
MPG:wlj
2019 - 2020 LEGISLATURE
DOA:......Quinn, BB0383 - WEDC Outsourcing and Job Loss Prevention
For 2019-2021 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
commerce and economic development
Economic development
1. Reports to WEDC concerning job elimination or relocation
This bill requires that a recipient of a grant, loan, or tax credit from WEDC report certain job losses or job relocations outside Wisconsin to WEDC within seven business days after the jobs are eliminated or relocated. If the recipient shows that extenuating circumstances prevent meeting the seven-day requirement, the recipient may submit the report within 30 days. The bill further requires that no grant, loan, or tax credit from WEDC may be used to relocate jobs outside Wisconsin or to reduce net employment in Wisconsin.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section 1
. 238.105 of the statutes is created to read:
238.105 Job elimination or relocation. (1) Each recipient of a grant, loan, or tax credit under this chapter shall report to the corporation each full-time job in this state that the recipient eliminates or relocates outside this state within 7 business days after the job is eliminated or relocated and shall describe in detail the circumstances of that job elimination or relocation. If extenuating circumstances make it impossible for the recipient to submit the report within 7 business days, the recipient may submit the report within 30 days after the full-time job is eliminated or relocated.
(2) A recipient of a grant, loan, or tax credit under this chapter may not use the grant, loan, or tax credit to reduce net employment in this state or relocate jobs outside this state.
(End)
