The Latest: Wisconsin Senate leader moving on Foxconn bill

MarketsAssociated Press

The Latest on proposed state incentives to bring a Foxconn plant to southeastern Wisconsin (all times local):

4:30 p.m.

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The Wisconsin Senate's top Republican has signaled that he's ready to act on an incentives bill for a Foxconn plant because he received assurances that state officials will know how quickly the company will create jobs.

Senate Majority Leader Scott Fitzgerald has been moving more slowly on the bill, saying he thinks legislators should finish work on the state budget before taking up the bill.

Fitzgerald emerged from a caucus meeting Thursday saying he expects that the Legislature's finance committee, made up of lawmakers from both houses, will hold a public hearing on the measure on Aug. 22. He expects the finance committee will spend the rest of that week finalizing the state budget.

He added that he had seen amendments the Assembly has been developing for the Foxconn bill. One of them is based on the plant locating in Racine County's Mt. Pleasant area, suggesting Foxconn could be eyeing that spot.


1:50 p.m.

The Wisconsin Senate's top Republican wants to know when the jobs Foxconn has promised to create in the state will materialize, as his chamber ponders an incentive package for the company.

Senate Majority Leader Scott Fitzgerald has said he doesn't know if he has the votes to pass the package and he has a number of concerns with it. He added another one Thursday, telling the regionally syndicated radio program "The Jerry Bader Show" there's no timeline for when jobs will materialize.

He also questioned why Assembly Republicans support a provision in the package that calls for borrowing $252 million for highway improvements around the site of the proposed plant when they won't support borrowing for road work in the state budget.

Foxconn wants to build a plant in southeastern Wisconsin that it says could eventually employ up to 13,000 people.