By Laurel Patrick Wisconsin Reporter
MADISON — On the day before his State of the State speech, Gov. Scott Walker on Monday signed into law two measures aimed at spurring job growth in the state.
As the Assembly sponsor of the laws, state Rep. Joe Knilans, R-Janesville, said the two-year income and franchise tax holiday for incoming businesses and an additional $25 million for economic development grants will attract businesses to Rock County, which lies just across the border from Illinois.
“Every bill isn’t going to be the golden wand that brings jobs to Janesville,” Knilans said. “It’s not going to be overnight, but the $25 million for the Commerce Department, the two-year tax holiday, these are all tools that we can use.”
