The bill aims to raise the limit on compensation for the Executive Director and staff of the Wisconsin Housing and Economic Development Authority (WHEDA). This change would allow for higher salaries for key personnel at WHEDA. The main provisions include adjusting the maximum compensation levels to attract and retain top talent within the organization. The bill seeks to enhance WHEDA's ability to fulfill its mission effectively by offering competitive pay rates. This adjustment could have a significant impact on the recruitment and retention of skilled professionals within WHEDA, potentially leading to improved performance and outcomes in housing and economic development initiatives in Wisconsin.
2024-03-06: Introduced
2024-03-06: Read first time and referred to Committee on Housing and Real Estate
2024-04-15: Failed to pass pursuant to Senate Joint Resolution 1
2024-05-06: Fiscal estimate received
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