COPY-Finance committee to vote on job creation agency changes
MADISON, Wis. (AP) - The Legislature's finance committee is expected to impose a host of changes on Gov. Scott Walker's floundering job creation agency, including removing the governor as chairman, dramatically reducing its reserves and eliminating a proposed $55 million in grants to fund regional loans.
The governor has called on legislators to reform the Wisconsin Economic Development Corporation's operations after years of problems at the agency. Issues have ranged from failing to track past-due loans to businesses to failing to demand proof beneficiaries have created any jobs.
The finance committee is expected to vote on the changes during a hearing Thursday.
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