Madison, Wisconsin – State Senator Tim Carpenter (D-Milwaukee), is circulating legislation that would provide more transparency and accountability to the Board of the Wisconsin Economic Development Corporation (WEDC).
Under the bill being circulated by Senator Carpenter WEDC would be required to hold its meetings in the State Capitol unless otherwise approved by the Board, those meetings would be required to be broadcast in the same manner and to the same extent as other legislative committee meetings, and the meetings would be required to include a period of public comment. In addition, the bill would increase the membership of the WEDC Board to include more elected officials who are held accountable to the taxpayers of Wisconsin.
“We have seen time and again that the WEDC Board prefers to operate in autonomous secrecy and we have seen the consequences of that secrecy. It is time for WEDC to step into the light and be held accountable for the vast amounts of taxpayer dollars they are doling out,” said Carpenter.