Page 15 - விஸ்கான்சின் பொருளாதார வளர்ச்சி நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Wisconsin Rapids City Times Mill Bill heads to governor’s desk By City Times staff MADISON – A bill authored by Sen. Patrick Testin (Stevens Point) and Rep. Scott Krug (town of Rome), designed to help restart the Verso Mill, passed in the state Senate on June 30, after passing the Assembly on June 22. The bill is designed to allow for the use of federal pandemic stimulus/relief funds from the American Rescue Plan Act (ARPA) of 2021 to create a loan to aid in the mill’s purchase. The Wisconsin Economic Development Corporation (WEDC) would be the entity making the loan. Assembly Bill No. 367 would provide a $50 million loan to a buyer for the Wisconsin Rapids paper mill and a $15 million loan to a buyer for the Park Falls paper mill. Both mills are currently idle.

Wisconsin rapidsUnited statesPark fallsShane blaserScott krugSenate onWisconsin economic development corporationAssembly onAssembly bill noCity timesPatrick testinStevens pointVerso millAmerican rescue plan actGovernor eversNorthern wisconsin