XX14 Financial Institutions.
XX15 Government Accountability Board.
XX16 Governor.
XX17 Health and Educational Facilities Authority.
XX18 Health Services.
XX19 Higher Educational Aids Board.
XX20 Historical Society.
XX21 Housing and Economic Development Authority.
XX22 Insurance.
XX23 Investment Board.
XX24 Joint Committee on Finance.
XX25 Judicial Commission.
XX26 Justice.
XX27 Legislature.
XX28 Lieutenant Governor.
XX29 Local Government.
XX30 Medical College of Wisconsin.
XX31 Military Affairs.
XX32 Natural Resources.
XX33 Public Defender Board.
XX34 Public Instruction.
XX35 Public Lands, Board of Commissioners of.
XX36 Public Service Commission.
XX37 Revenue.
XX38 Safety and Professional Services.
XX39 Secretary of State.
XX40 State Employment Relations, Office of.
XX41 State Fair Park Board.
XX42 Supreme Court.
XX43 Technical College System.
XX44 Tourism.
XX45 Transportation.
XX46 Treasurer.
XX47 University of Wisconsin Hospitals and Clinics Authority.
XX48 University of Wisconsin System.
XX49 Veterans Affairs.
XX50 Wisconsin Economic Development Corporation.
XX51 Workforce Development.
XX52 Other.
For example, for general nonstatutory provisions relating to the State
Historical Society, see Section 9120. For any agency that is not assigned a two-digit
identification number and that is attached to another agency, see the number of the
latter agency. For any other agency not assigned a two-digit identification number
or any provision that does not relate to the functions of a particular agency, see
number "52" (Other) within each type of provision.
In order to facilitate amendment drafting and the enrolling process, separate
section numbers and headings appear for each type of provision and for each state
agency, even if there are no provisions included in that section number and heading.
Section numbers and headings for which there are no provisions will be deleted in
enrolling and will not appear in the published act.
Following is a list of the most commonly used abbreviations appearing in the
analysis.
DATCP Department of Agriculture, Trade and Consumer Protection
DCF Department of Children and Families
DETF Department of Employee Trust Funds
DFI Department of Financial Institutions
DHS Department of Health Services
DMA Department of Military Affairs
DNR Department of Natural Resources
DOA Department of Administration
DOC Department of Corrections
DOJ Department of Justice
DOR Department of Revenue
DOT Department of Transportation
DPI Department of Public Instruction
DSPS Department of Safety and Professional Services
DVA Department of Veterans Affairs
DWD Department of Workforce Development
JCF Joint Committee on Finance
OCI Office of the Commissioner of Insurance
PSC Public Service Commission
UW University of Wisconsin
WEDC Wisconsin Economic Development Corporation
WHEDA Wisconsin Housing and Economic Development Authority
WHEFA Wisconsin Health and Educational Facilities Authority
__________________________________________________________________
Agriculture
Under current law, DATCP administers the Soil and Water Resource
Management Program, which funds grants for projects to control soil erosion and
reduce water pollution. This bill increases the general obligation bonding authority
for the Soil and Water Resource Management Program by $7,000,000.
This bill authorizes DATCP to provide grants to persons operating dairy
processing plants to promote the growth of the dairy industry.
Current law requires DATCP to award a grant in each fiscal year from the
agrichemical management fund for technical education and research under the
Wisconsin grazing lands conservation initiative. This bill eliminates that
requirement.
COMMERCE AND ECONOMIC DEVELOPMENT
Financial institutions
Under current law, a consumer credit transaction that is entered into for
personal, family, or household purposes, as well as certain consumer leases, are
generally subject to the Wisconsin Consumer Act (consumer act). The consumer act
grants consumers certain rights and remedies and contains notice and disclosure
requirements and prohibitions relating to consumer credit transactions.
This bill creates requirements that specifically apply to rental-purchase
agreements, imposes requirements on rental-purchase companies, and exempts
rental-purchase companies and rental-purchase agreements from the scope of the
consumer act and from provisions of the Uniform Commercial Code relating to
security interests. A "rental-purchase agreement" is an agreement between a
rental-purchase company and a lessee for the use of rental property if: 1) the rental
property is to be used primarily for personal, family, or household purposes; 2) the
agreement has an initial term of four months or less and is renewable with each
payment after the initial term; 3) the agreement does not obligate the lessee to renew
the agreement beyond the initial term; and 4) the agreement permits the lessee to
acquire ownership of the rental property.
The bill requires a rental-purchase company to file notice with DFI within 30
days after commencing business in this state and to pay an annual fee to DFI, except
for a rental-purchase company that generates less than 75 percent of its revenues
in this state from transactions involving rental-purchase agreements. The bill also
limits the maximum amount that a rental-purchase company may charge in a
rental-purchase transaction and that a lessee must pay to acquire ownership of
rental property if the lessee elects an early-purchase option. The bill specifies
conditions under which a lessee may reinstate a rental-purchase agreement that has
ended without losing any rights or options previously acquired. Upon reinstatement,
the rental-purchase company must provide the lessee with the same rental property
or with comparable substitute property. A rental-purchase company must provide
written notice to a lessee of the lessee's rights and obligations relating to
reinstatement of the rental-purchase agreement within 15 days of repossession or
voluntary return or surrender of the rental property, if the lessee is entitled to
reinstatement.
The bill specifies that a rental-purchase company is not required to disclose a
finance charge calculated as an annual percentage rate. However, every
rental-purchase agreement must contain certain provisions, including a description
of the rental property; the cash price of the rental property; the total amount of the
rental payments and charges necessary to acquire ownership of the property; the
rental payment and an itemized description of all charges or fees; and a summary
of the lessee's early-purchase option and an explanation of the lessee's
reinstatement rights of the rental-purchase agreement. The bill also prohibits the
inclusion of certain provisions in a rental-purchase agreement, including those
granting the rental-purchase company permission to enter the lessee's residence to
repossess the rental property; requiring the lessee to purchase insurance from the
rental-purchase company; and requiring the lessee to pay attorney fees. Upon
request, a rental-purchase company must provide the lessee with a copy of the
lessee's payment history. The bill also creates requirements and limitations for
advertising rental-purchase transactions. The bill includes provisions relating to
liability of a rental-purchase company for violations of these provisions.
Economic development
Under current law, WEDC administers various programs that provide tax
benefits to businesses. The jobs tax credit program and the enterprise zone tax credit
program provide tax benefits to businesses that create or retain certain full-time
jobs in this state. The economic development tax credit program provides tax
benefits to businesses that conduct eligible activities, including creating full-time
jobs, investing in new equipment, machinery, or property, and locating or retaining
corporate headquarters, in this state.
Under current law, the total amount of tax credits that WEDC may allocate
under the economic development tax credit program may not exceed the sum of the
tax credits remaining under the tax credit programs that were consolidated to create
the economic development tax credit program and $25,000,000. This bill increases
the total amount of benefits that WEDC may allocate under the economic
development tax credit program by $75,000,000.
Under current law, WEDC may award tax benefits under the jobs tax credit
program in an amount that is equal to 10 percent of the wages a business pays to
certain full-time employees who annually earn at least $20,000 or $30,000,
depending on where the business is located. Under this bill, WEDC may award tax
benefits under the jobs tax credit program in an amount that is up to 10 percent of
the wages a business pays to certain full-time employees who annually earn at least:
(a) 150 percent of federal minimum wage for 2,080 hours or (b) $30,000, depending
on where the business is located.
Under current law, a business certified by WEDC may receive tax benefits
under the enterprise zone tax credit program for certain full-time employees in an
amount that is up to 7 percent of the amount by which the annual wages for each of
those employees exceeds either $20,000 or $30,000, depending on where the business
is located. Under this bill, the amount of tax benefits that a business may receive
under the enterprise zone tax credit program is up to 7 percent of the amount by
which the annual wages for each full-time employee exceeds either: (a) 150 percent
of federal minimum wage for 2,080 hours or (b) $30,000, depending on where the
business is located.
Under current law, for purposes of the jobs tax credit program, the economic
development tax credit program, the enterprise zone tax credit program, and the
development opportunity zone tax credit program, subject to certain exceptions, a
"full-time job" is defined as a job in which an individual must work at least 2,080
hours per year as a condition of his or her employment. Under this bill, WEDC may
make an exception to the 2,080 hours per year requirement under all these tax credit
programs if a job annually pays at least 2,080 times 150 percent of the federal
minimum wage and the job offers full-time benefits.
Under current law, WHEFA may issue a bond to finance certain projects
undertaken by a health, educational, or research institution or to refinance
outstanding debt of a health, educational, or research institution. This bill
authorizes WHEFA to issue a bond to finance any project undertaken by a nonprofit
institution for a nonprofit facility, and to refinance outstanding debt of a nonprofit
institution.
Under current law, DOA may administer housing programs funded by the
federal community development block grant. Under this bill, DOA may administer
any program funded by the federal community development block grant, including
the community development grant and revolving loan fund programs.
correctional system
Under current law relating to community youth and family aids, known as
youth aids, DOC must allocate various state and federal moneys to counties to pay
for state-provided juvenile correctional services and local juvenile justice services.
DOC charges counties for the costs of services provided by DOC according to per
person cost assessments (the "daily rate").
This bill increases daily rates as follows:
1. For fiscal year 2013-14, the daily rate is $297 for care in a Type 1 juvenile
correctional facility, $297 for care for juveniles transferred from a juvenile
correctional institution, $125 for corrective sanctions services, and $41 for aftercare
services.
2. For fiscal year 2014-15, the daily rate is $304 for care in a Type 1 juvenile
correctional facility, $304 for care for juveniles transferred from a juvenile
correctional institution, $128 for corrective sanctions services, and $41 for aftercare
services.
