Wisconsin Assembly Bill AB1127

Wisconsin 2023-2024 Regular Session

• Introduced: 3/6/24
• Refer: 3/6/24
• Failed: 4/15/24

Caption

Increasing the limit on compensation of the executive director and staff of WHEDA. (FE)

Impact

If enacted, AB1127 would shift the framework within which WHEDA operates by allowing higher salaries, thereby potentially expanding its recruitment capabilities. This change could lead to increased efficiency in housing development projects and economic initiatives, as WHEDA would be better positioned to engage qualified personnel essential for implementing various state housing and economic programs. In broader terms, this could have a positive ripple effect on housing availability and economic growth within Wisconsin.

Summary

Assembly Bill 1127 proposes an increase in the compensation limits for the executive director and staff of the Wisconsin Housing and Economic Development Authority (WHEDA). Under current law, the compensation for these positions is restricted to a maximum salary range set for executive salary group 6. This bill seeks to raise that limit to 126.8% of the existing maximum, allowing WHEDA employees to earn salaries equal to or greater than the governor's compensation. This adjustment aims to enhance the authority's ability to attract and retain skilled individuals for leadership and critical roles within the organization.

Contention

Debate surrounding AB1127 may arise from concerns about public funds and the appropriateness of raising salaries within government-supported entities. Opponents could argue that while attracting skilled leadership is necessary, the substantial increase in compensation may be perceived as an excessive use of taxpayer money. Additionally, discussions may focus on the transparency and accountability of salary determinations within state agencies and the implications this has for public trust in government expenditures.