Wisconsin Assembly Passes Pair Of Bills
The Wisconsin Assembly has passed a Republican bill that would grant landlords more power over tenants.
The bill would allow landlords to dispose of any property an evicted tenant leaves behind, immediately tow parked vehicles and toss tenants out if a crime occurs on the property and the tenant was in a position to prevent it. Democrats contend the bill strips tenants of their rights and limits local governments’ control over property in their jurisdiction.
The Assembly passed the measure 57-37 late Tuesday afternoon. The Senate passed the bill last month but the Assembly made minor technical tweaks to the measure’s language Tuesday. The Senate must now sign off on those changes.
The Wisconsin Assembly has approved a bill that would allow state businesses to sell stock online.
Crowdfunding Internet sites such as Kickstarter and Indiegogo allow the public to donate money to help finance projects, often in exchange for a gift or sample product.
The Republican measure would allow interested investors to purchase stock and equity in a business, not just make a donation, using the same online crowd-funding methods. Wisconsin residents who aren’t accredited or certified investors could purchase up to $10,000 in stock. Business could raise up to $1 million without an audit or up to $2 million if they are audited.