MADISON, Wis. (AP) — Gov. Scott Walker wants to create 120 “Economic Opportunity Zones” in Wisconsin, a designation allowed under the new federal tax law designed to spur development.
Walker on Tuesday released the recommended list he is sending to the U.S. Department of Treasury, which will make the final designation. The zones would be in 44 counties throughout the state, including urban, rural and tribal areas.
The city of Milwaukee would have the most, with 34, and Madison would be second.
The program sets up a tax incentive encouraging businesses and people to invest in the zones.
Editor’s note: This story has been corrected to state Milwaukee would have 34 Economic Opportunity Zones. We regret the error.