Relating to: main street bounceback grants and making an appropriation. (FE)

This bill establishes a $25 million fund to provide financial assistance to businesses in Wisconsin that want to open new locations or expand into vacant commercial spaces. The program allows the Wisconsin Economic Development Corporation to award grants to eligible for-profit businesses, while explicitly excluding nonprofit organizations from receiving funding. Eligibility rules for the grants are designed to be similar to those used in a previous 2023 initiative, giving the corporation flexibility to set specific application procedures. Although the bill was introduced to support local commerce recovery, it ultimately failed to pass during the 2024 legislative session.