Gov. Evers to announce biennial budget
Wisconsin Gov. Tony Evers may not be closing the Wisconsin Economic Development Corp. as he once mentioned, but he’d like the agency to focus more on renewable energy and hold businesses more accountable, according to media reports.
Among his proposed changes to the WEDC, Evers wants businesses receiving over $5 million in state tax credits to update plans should there be any changes to what was originally agreed upon. For example, after the state agreed to offer Foxconn $3 billion in state tax credits for a $10 billion liquid crystal display panel manufacturing plant in Mount Pleasant, the Taiwanese company downsized its plans and is planning to produce smaller screens.
In education, Evers’ is asking for $150 million to help the University of Wisconsin System; to continue a Scott Walker-led UW System tuition freeze for in-state students; and to allow Dreamers, or undocumented immigrants, to pay in-state tuition at state universities or the Wisconsin Technical College system, as well, according to a Capital Times article.
The governor delivers his proposed budget this Thursday, Feb. 28.