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11-20-15 wedc may have awarded tax credits without authorization

todayNovember 20, 2015

MADISON, Wis. (AP) —Gov. Scott Walker’s troubled economic development agency may have awarded $21 million in tax credits to companies it wasn’t’ authorized to give out.  The  nonpartisan Legislative Fiscal Bureau sent a letter in August to the Wisconsin Economic Development Corporation noting that the agency had awarded $101.7 million in contracts, or $21.3 million more than its legal limit.  An attorney with the state Department of Administration, a Walker cabinet agency, issued a memo in September backing WEDC’s approach. A WEDC spokesman says the state Justice Department will issue a similar opinion soon. A DOJ spokeswoman didn’t immediately respond to an email from The Associated Press.  WEDC has been plagued with problems since Walker created it in 2011.

Written by: Radio Plus

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