ANNOUNCEMENT 31 Jan 2011

The program had been phased out, but was reinvigorated with a new infusion of money.

 

 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 15 Feb 2011 | Removal date: open ended
Still in force

Tax or social insurance relief

On January 31, 2011 the governor of Wisconsin signed a bill (SSAB4) that increased the maximum amount of tax benefits that the state could provide under the economic development tax credit program. Under existing law, the maximum amount of tax benefits that the Department of Commerce was authorized to allocate under the economic development tax credit program was limited to the sum of tax benefits remaining to be allocated under programs that were phased out in 2009. The new law increased the maximum amount of tax benefits that the Department of Commerce may allocate under the economic development tax credit program by $25 million. The new 2011 Wisconsin Act 4 took effect on February 15, 2011.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A