LRB-0786/1
MPG:nwn:md
2011 - 2012 LEGISLATURE
January 31, 2011 - Introduced by Representatives Barca, Bernard Schaber, Hintz,
Vruwink, Milroy, Danou, Turner, Sinicki, Roys, Fields, Berceau, Shilling,
Seidel, Parisi, Clark, Pope-Roberts, D. Cullen and Hebl, cosponsored by
Senators Wirch, S. Coggs and Taylor. Referred to Committee on Jobs,
Economy and Small Business.
AB11,1,2
1An Act to amend 560.799 (3) (a) of the statutes;
relating to: authorizing the
2Department of Commerce to designate one additional enterprise zone.
Analysis by the Legislative Reference Bureau
Under current law, the Department of Commerce (Commerce) may designate
an area as an enterprise zone. Commerce must consider a number of factors related
to the area prior to designating the area as an enterprise zone, including indicators
of the area's economic need and whether designation as an enterprise zone would
promote the retention of jobs in the area. A taxpayer who creates or retains jobs in
an enterprise zone, or a taxpayer located in an enterprise zone who makes certain
purchases from Wisconsin vendors, may claim certain tax benefits. Commerce may
designate no more than 12 enterprise zones.
This bill permits Commerce to designate a total of 13 enterprise zones.
For further information see the state and local 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:
AB11, s. 1
3Section
1. 560.799 (3) (a) of the statutes is amended to read:
AB11,2,2
1560.799
(3) (a) The department may designate not more than
12 13 enterprise
2zones.
