UW System Position on Bills Introduced in the Legislature During the 2005-2006 Session
(Krawczyk) The bill increases GPR support for the Department of Commerce’s contract with Forward Wisconsin, Inc. The proposed increase in payments would be $590,000 GPR in fiscal year 2006-07. Currently, $320,000 in general purpose revenues (GPR) is appropriated in each of fiscal years 2005-06 and 2006-07. Payments to Forward Wisconsin, Inc., under such a contract may not exceed the amount that Forward Wisconsin, Inc., has raised from private contributions. This bill increases the amount appropriated for such payments. The total potential state funding for Forward Wisconsin would increase to $910,000 under the bill.
Referred to Joint Finance Committee
UW System Position
SUPPORT: Forward Wisconsin, Inc.’s mission is to establish and implement a nationwide business development promotion campaign to attract new businesses to Wisconsin and to encourage the retention and expansion of businesses and jobs in this state. This mission is important to keeping UW System students with a college degree in the state to contribute to the Wisconsin economy.