Senate to vote on WEDC board bill
Department under fire since May audit
MADISON, Wis. — The Wisconsin Senate is getting ready to vote on a bill that would limit terms for board members at Gov. Scott Walker’s troubled quasi-public jobs agency.
The bipartisan measure would require Wisconsin Economic Development Corporation board members to serve fixed six-year terms rather than serve at the pleasure of the governor and legislative leaders. State auditors would have to perform annual reviews of WEDC’s finances rather than biennial studies and all WEDC employees would be subject to state ethics laws.
WEDC has drawn fire after a May audit found the agency didn’t consistently follow the law or its own policies during its first year, failed to adequately track loans and provided tax breaks to companies that didn’t qualify.
The Senate is expected to vote on the bill on Tuesday.