The Governor decided to sign into law the changes in the budget bill relating to unemployment insurance (UI) benefits, notwithstanding the unanimous recommendation of the UI Council to veto those changes. A Wisconsin Budget Project Blog post today examines the threat that poses to the future of the consensus process that has generally been used for the last 75 years to set UI policy in a nonpartisan way. Read more in that blog.
Despite Growing Concerns about Opportunity Zones, Wisconsin Legislators Rush to Pass a Bill Doubling the State Tax Break
As the 2020 legislative session winds down, the Wisconsin Legislature is rushing to pass a bill this week (SB 440)/AB 532) that would double a current state tax break for very wealthy investors who reinvest money in “Opportunity Zones.” A new issue brief by the...