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Pressure mounts for Doyle to repeal shareholder liability law

Madison, Wis. - The president of the Wisconsin Economic Development Association (WEDA) has called on Gov. Jim Doyle to sign a bill that would remove from the books a law that many view as an impediment to capital investment, but thus far the governor has been non-committal.

The bill, AB 1163, has passed both houses of the Legislature, and it has r......

Full article >>> e sponsor, State Rep. Jean Hundertmark, R-Clintonville, believes passage would spur investment and stimulate job creation.

"Wisconsin, as far as we know, is the only state to have this kind of law on the books," she said.

With rare exceptions, Wisconsin businesses have been frustrated in their attempts to attract venture capital from out-of-state sources, and Hundertmark said th......

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Source:wistechnology.com By Joe Vanden Plas 05/14/06


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