Walker signs bill creating enterprise zones - WAOW - Newsline 9, Wausau News, Weather, Sports

Walker signs bill creating enterprise zones

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MADISON, Wis. (AP) -- Gov. Scott Walker has signed into law a bill that increases the number of enterprise zones designed to bolster economic development from 12 to 20.

Walker signed the bill Friday.

Businesses that locate or expand in enterprise zones are eligible for a range of tax breaks.

Three of the new zones would have to be in designated areas with less than 5,000 people. Two others would have to be in areas with between 5,000 and 30,000 people.

Tax breaks are offered for creating jobs, with greater benefits in economically distressed areas.

Walker says the new law will help make Wisconsin more attractive to potential employers.

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