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Assembly passes bill barring WEDC employees from conflict of interest negotiations

Wisconsin Economic Development Corporation logo
Wisconsin Economic Development Corporation logo

MADISON, WI (WTAQ) - Employees of the Wisconsin Economic Development Corporation are one step closer to being barred from negotiating contracts in which they have a financial stake.

The state Assembly approved the negotiating ban Tuesday on a vote of 80-15. The bill now goes to the Senate.

Greenfield Republican Jeff Stone authored the measure, which prohibits WEDC employees from having any discretion in contracts with firms in which they have monetary interests.

The vote came after a stinging audit two weeks ago, which criticized the WEDC’s lack of policies and accountability procedures in doling out tax funds to help businesses create jobs.

Also Tuesday, the Assembly passed a measure that lets drivers use smartphones to show police officers that they have the required auto insurance. Right now, motorists must show written evidence of insurance if they’re stopped by the police.

The Senate approved the smartphone evidence last month. The bill now goes to Governor Scott Walker for his signature.

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