Ninety-Ninth Regular Session
STATE OF WISCONSIN
Senate Journal
The Chief Clerk makes the following entries under the above date.
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Chief Clerk's Entries
Bills Presented to the Governor
The Chief Clerk records:
Senate Bill 96
Senate Bill 127
Senate Bill 323
Senate Bill 460
Senate Bill 609
Senate Bill 667
Senate Bill 684
Presented to the Governor on 5-10-2010.
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Petitions and Communications
State of Wisconsin
Office of the Secretary of State
May 10 , 2010
The Honorable, the Legislature:
Bill Number Act Number Publication Date
Senate Bill 647Act 221 May 19 , 2010
Senate Bill 224Act 223 May 19 , 2010
Senate Bill 307Act 224 May 19 , 2010
Senate Bill 392Act 225 May 19 , 2010
Senate Bill 456Act 226 May 19 , 2010
Senate Bill 457Act 227 May 19 , 2010
Senate Bill 505Act 228 May 19 , 2010
Senate Bill 531Act 229 May 19 , 2010
Senate Bill 627Act 230 May 19 , 2010
Senate Bill 287Act 231 May 19 , 2010
Senate Bill 148Act 232 May 19 , 2010
Senate Bill 475Act 233 May 19 , 2010
Senate Bill 445Act 239 May 19 , 2010
Senate Bill 446Act 240 May 19 , 2010
Senate Bill 485Act 241 May 19 , 2010
Senate Bill 486Act 242 May 19 , 2010
Senate Bill 487Act 243 May 19 , 2010
Senate Bill 488Act 244 May 19 , 2010
Senate Bill 489Act 245 May 19 , 2010
Senate Bill 490Act 246 May 19 , 2010
Senate Bill 491Act 247 May 19 , 2010
Senate Bill 493Act 248 May 19 , 2010
Senate Bill 494Act 249 May 19 , 2010
Senate Bill 25Act 250 May 19 , 2010
Senate Bill 264Act 252 May 21 , 2010
Senate Bill 374Act 254 May 21 , 2010
Senate Bill 325Act 257 May 21 , 2010
Senate Bill 44Act 258 May 21 , 2010
Senate Bill 573Act 259 May 21 , 2010
Senate Bill 478Act 260 May 21 , 2010
Senate Bill 631Act 261 May 21 , 2010
Senate Bill 464Act 262 May 21 , 2010
Senate Bill 465Act 263 May 21 , 2010
Sincerely,
DOUGLAS LA FOLLETTE
Secretary of State
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State of Wisconsin
Office of the Secretary of State
May 10 , 2010
The Honorable, the Legislature:
Bill Number Enrolled No. Publication Date
SJR 64 36Not Published
SJR 72 37Not Published
SJR 73 38Not Published
SJR 83 39Not Published
Sincerely,
DOUGLAS LA FOLLETTE
Secretary of State
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State of Wisconsin
Office of the Governor
May 10 , 2010
To the Honorable, the Senate:
The following bill(s), originating in the Senate, have been approved, signed and deposited in the office of the Secretary of State:
Bill Number Act Number Date Approved
Senate Bill 409 Act 265 May 10 , 2010
(Vetoed in Part)
Senate Bill 121 Act 271 May 10 , 2010
Senate Bill 624 Act 272 May 10 , 2010
Respectfully Submitted,
JIM DOYLE
Governor
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State of Wisconsin
Office of the Governor
May 10, 2010
The Honorable, The Senate:
S795 I have approved Senate Bill 409 as 2009 Wisconsin Act 265 and have deposited it in the Office of the Secretary of State. While I applaud the bill's significant efforts to promote economic development, I have exercised the partial veto to help limit the effect of this bill on the general fund balance and preserve equity between investment tax credit programs.
Senate Bill 409, the CORE Jobs Bill, creates and expands a number of tax credit programs, grant programs and loan programs aimed at spurring economic development and job creation. Major investments are made in advanced manufacturing skill training, support for job skills enhancement training, tax credits for post-secondary education, grants to support conversion of manufacturing facilities to produce renewable energy or manufacture equipment used to produce renewable energy, and incentives to jump-start and grow new businesses. Among the changes is an increase to the early stage seed tax credit from 25 percent to 40 percent of the investment in a qualified new business venture.
Unfortunately, while the bill increases the early stage seed tax credit it does not include a parallel increase to the angel investment tax credit. These two programs have historically contained symmetrical incentives for both early stage seed investors and angel investors. I object to the inequity the enrolled bill creates between these parallel tax credit programs. I am therefore vetoing sections 23g, 23h, 28g, 28h, 32g and 32h to ensure parity between the incentives for angel investors and early state seed investors. This veto will also help to limit the fiscal effect of the bill on the general fund balance.
I believe the partial vetoes I have made to SB 409 maintain the economic development benefits of the bill, while controlling the fiscal impact to the general fund and preserving equity for investors in new business ventures.
Respectfully Submitted,
JIM DOYLE
Governor
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Referrals and Receipt of Committee Reports Concerning Proposed Administrative Rules
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