SB393: Bill Text

SB393,6,18 20.143 (1) (ie) Wisconsin development fund, repayments. All moneys received in repayment of grants or loans under s. 560.085 (4) (b), 1985 stats., s. 560.147, 1997 stats., s. 560.16, 1995 stats., s. 560.165, 1993 stats., subch. V of ch. 560, 1997 stats., except for s. 560.65, 1997 stats., s. 560.64, 1989 Wisconsin Act 336, section 3015 (1m), 1989 Wisconsin Act 336, section 3015 (2m), 1989 Wisconsin Act 336, section 3015 (3gx), 1997 Wisconsin Act 27, section 9110 (7f), 1997 Wisconsin Act 310, section 2 (2d), and 1999 Wisconsin Act 9, section 9110 (4), to be used for grants and loans under subch. V of ch. 560 except s. 560.65, for loans under s. 560.147, for grants under ss. 560.16, 560.175 and 560.25, for assistance under s. 560.06 (2), s. 560.64 and for the loan under 1999 Wisconsin Act 9, section 9110 (4), and for reimbursements under s. 560.167.

SB393, s. 9 Section 9. 20.143 (1) (ih) of the statutes is created to read:

SB393,6,22 20.143 (1) (ih) Community-based economic development loan repayments. All moneys received in repayment of loans under s. 560.14, to be used for grants and loans under s. 560.14.

SB393, s. 10 Section 10. 20.143 (1) (im) of the statutes is amended to read:

SB393,7,3 20.143 (1) (im) Minority business projects; repayments. All moneys received in repayment of grants or loans under s. ss. 560.815 and 560.83 and loans under 1997 Wisconsin Act 9, section 3, to be used for grants and loans under ss. 560.82, 560.83 and 560.837, the grant under 1993 Wisconsin Act 110, section 3, and the loans under 1997 Wisconsin Act 9, section 3 s. 560.815.

SB393, s. 11 Section 11. 20.143 (1) (in) of the statutes is amended to read:

SB393,7,10 20.143 (1) (in) Business development initiative loan repayments. All moneys received in repayment of loans under s. 560.20 (3), any proceeds from equity investments made by the community development finance company under s. 234.965, 1991 stats., and any unencumbered grant funds returned to the department under 1993 Wisconsin Act 437, section 9115 (1t), to be used for loans and grants under s. 560.20 (3).

SB393, s. 12 Section 12. 38.04 (4) (ag) of the statutes is amended to read:

SB393,7,14 38.04 (4) (ag) A program approved by the development finance board department of commerce under subch. IV of ch. 560 is exempt from board approval under par. (a).

SB393, s. 13 Section 13. 66.407 (2) (a) 2. of the statutes is repealed and recreated to read:

SB393,7,17 66.407 (2) (a) 2. "Technology-based incubator" means a facility that provides a new or expanding technically oriented business with all of the following:

SB393,7,18 a. Office and laboratory space.

SB393,7,19 b. Shared clerical and other support service.

SB393,7,20 c. Managerial and technical assistance.

SB393, s. 14 Section 14. 66.407 (2) (c) 3. of the statutes is amended to read:

SB393,7,24 66.407 (2) (c) 3. Apply for a grant under s. 560.14 (3) in connection with a technology-based incubator if the department of commerce provides grants for projects or activities related to technology-based incubators under s. 560.14.

SB393, s. 15 Section 15. 66.431 (2m) (d) 8. of the statutes is amended to read:

SB393,8,5 66.431 (2m) (d) 8. Studying the feasibility of an initial design for a technology-based incubator, developing and operating a technology-based incubator and, if the department of commerce provides grants for projects or activities related to technology-based incubators under s. 560.14, applying for a grant under s. 560.14 (3) in connection with a technology-based incubator.

SB393, s. 16 Section 16. 66.431 (2m) (t) of the statutes is repealed and recreated to read:

SB393,8,8 66.431 (2m) (t) "Technology-based incubator" means a facility that provides a new or expanding technically oriented business with all of the following:

SB393,8,9 1. Office and laboratory space.

SB393,8,10 2. Shared clerical and other support service.

SB393,8,11 3. Managerial and technical assistance.

SB393, s. 17 Section 17. 84.185 (1) (b) of the statutes is amended to read:

SB393,8,15 84.185 (1) (b) "Governing body" has the meaning specified in s. 560.60 (6) means a county board, city council, village board, town board, regional planning commission or transit commission under s. 59.58 (2) or 66.943.

SB393, s. 18 Section 18. 84.185 (1) (ce) of the statutes is amended to read:

SB393,8,20 84.185 (1) (ce) "Job" has the meaning specified in s. 560.60 (10) means a regular, nonseasonal full-time position in which an individual, as a condition of employment, is required to work at least 2,080 hours per year, including paid leave and holidays. "Job" does not include initial training before an employment position begins.

SB393, s. 19 Section 19. 234.01 (4n) (a) 3m. e. of the statutes is amended to read:

SB393,8,24 234.01 (4n) (a) 3m. e. The facility is located in a targeted area, as determined by the authority after considering the factors set out in s. 560.605 (2m) (a) to (h), 1997 stats.

SB393, s. 20 Section 20. 292.11 (7) (d) 1m. b. of the statutes, as created by 1999 Wisconsin Act 9, is amended to read:

SB393,9,6 292.11 (7) (d) 1m. b. An area designated by the local governmental unit if the area consists of 2 or more properties affected by a contiguous region of groundwater contamination or contains 2 or more properties that are brownfields, as defined in s. 560.60 (1v) 560.13 (1) (a).

SB393, s. 21 Section 21. 292.255 of the statutes, as created by 1999 Wisconsin Act 9, is amended to read:

SB393,9,13 292.255 Report on brownfield efforts. The department of natural resources, the department of administration, the department of commerce shall submit a report evaluating the effectiveness of this state's efforts to remedy the contamination of, and to redevelop, brownfields, as defined in s. 560.60 (1v) 560.13 (1) (a).

SB393, s. 22 Section 22. 560.01 (2) (a) of the statutes is repealed and recreated to read:

SB393,9,20 560.01 (2) (a) State economic development policy. The department shall develop, and provide leadership in implementing, a state economic development policy that is designed, to the extent practicable, to assist the state in achieving all of the goals set out in s. 1.14 (2). The policy shall foster, encourage and advocate public and private economic development programs that are designed to achieve those goals.

Note: This Section replaces the current directive to the department to develop a state economic policy with 11 specified components with a directive to develop and implement a state economic development policy that is designed to achieve all of the economic development goals created by this bill.

SB393, s. 23 Section 23. 560.03 (intro.) of the statutes is amended to read:

SB393,9,23 560.03 Business and industrial development. (intro.) The department shall foster, encourage and advocate develop and implement economic development programs designed to broaden and strengthen the economy of the state, and it shall provide specific leadership in the following instances among others that are consistent with the economic development policy developed under s. 560.01 (2) (a). To further this goal, the department shall do at least all of the following:

Note: This Section coordinates the department's 21 specific responsibilities on business and industrial development with its state economic development policy established under this bill.

SB393, s. 24 Section 24. 560.03 (18) of the statutes is amended to read:

SB393,11,2 560.03 (18) Develop and implement a plan to promote and increase exports from this state, including agricultural products, and to other countries in Africa, Asia, Australia, Europe, North America and South America and to promote and increase foreign investment in this state by businesses in those other countries. The plan shall provide for the secretary to take a leadership role in assuring collaboration and coordination among international trade activities conducted by governmental entities to assure efficiency and to avoid duplication and may include provisions for participation in trade fairs and missions, establishment and maintenance of foreign trade offices and preparation of research on foreign markets for exports from this state and on opportunities for foreign investment in this state. The plan shall describe the allocation of funds for support staff in this state to implement the plan and for all other costs in implementing each provision of the plan. In developing and implementing the plan, the department shall consult with the department of agriculture, trade and consumer protection, the University of Wisconsin System, the technical college system and other public and private agencies and institutions supporting international trade education or activities. Any plan to establish a foreign trade office shall include the feasibility of establishing a system of graduated fees which a trade office may use to offset its operating costs, or a system of commissions for execution of successful transactions, or both.

Note: This section clarifies the department's export plan to specify that the plan must address increasing exports to and foreign investments in the state by businesses in other countries in all of the inhabited continents.

SB393, s. 25 Section 25. 560.03 (24) of the statutes is created to read:

SB393,11,11 560.03 (24) On or before September 1, 2002, and annually thereafter, submit to the legislature under s. 13.172 (2) and to the governor a report on the department's progress in implementing the economic development policy developed under s. 560.01 (2) (a). The report shall include an analysis of how financial assistance provided under this chapter during the period covered by the report contributed to the implementation of the economic development policy and any recommendations for legislation to remove barriers that prevent attaining one or more of the goals specified in s. 1.14 (2) or to modify one or more of those goals.

Note: This Section creates a new reporting requirement for the department relating to the progress in implementing the economic development policy established under the bill, including the role of economic development financial assistance programs in implementing the policy.

SB393, s. 26 Section 26. 560.033 of the statutes is repealed.

SB393, s. 27 Section 27. 560.037 of the statutes is repealed.

SB393, s. 28 Section 28. 560.038 and 560.039 of the statutes are repealed.

SB393, s. 29 Section 29. 560.045 (1) of the statutes, as affected by 1999 Wisconsin Act 9, is renumbered 560.045 and amended to read:

SB393,12,5 560.045 Community development block grant administration. Notwithstanding s. 16.54 (2) (a), from moneys received under a community development block grant, 42 USC 5301 to 5320, the department shall contract with the department of administration for the administration of housing programs, including the housing improvement grant program and the initial rehabilitation grant program. To the extent allowed under federal law or regulation, the department shall give priority in the awarding of grants under the programs to grants for projects related to the redevelopment of brownfields, as defined in s. 560.60 (1v) that contribute to the implementation of the economic development policy developed by the department under s. 560.01 (2) (a).

SB393, s. 30 Section 30. 560.045 (2) of the statutes, as created by 1999 Wisconsin Act 9, is repealed.

SB393, s. 31 Section 31. 560.06 of the statutes, as affected by 1999 Wisconsin Act 9, is repealed.

SB393, s. 32 Section 32. 560.135 (5) (a) of the statutes is amended to read:

SB393,12,11 560.135 (5) (a) The factors under s. 560.605 (2) (a) to (e), 1997 stats.

SB393, s. 33 Section 33. 560.135 (5) (b) of the statutes is amended to read:

SB393,12,15 560.135 (5) (b) Whether the project will be located in a targeted area, as determined by the board after considering the factors under s. 560.605 (2m) (a) to (h), 1997 stats.

SB393, s. 34 Section 34. 560.135 (7) of the statutes is amended to read:

SB393,12,22 560.135 (7) The department, with the approval of the board, shall promulgate rules establishing policies and standards for awarding grants and loans under sub. (2), consistent with policies and standards established under the rules required under s. 560.602 560.64 (2). The department shall promulgate rules regarding the application processes for grants and loans under sub. (2) and for loans made from revolving loan funds established with proceeds awarded under sub. (2) (c).

SB393, s. 35 Section 35. 560.137 (1) (b) of the statutes, as created by 1999 Wisconsin Act 9, is repealed and recreated to read:

SB393,12,25 560.137 (1) (b) "Professional services" includes all of the following:

SB393,13,2 1. Preparation of preliminary feasibility studies, feasibility studies or business and financial plans.

SB393,13,3 2. Providing a financial package.

SB393,13,4 3. Engineering studies, appraisals or marketing assistance.

SB393,13,5 4. Related legal, accounting or managerial services.

SB393, s. 36 Section 36. 560.14 (1) (a), (ar), (b), (fm), (g) and (h) of the statutes are repealed.

SB393, s. 37 Section 37. 560.14 (2) of the statutes is repealed.

SB393, s. 38 Section 38. 560.14 (2c) of the statutes is created to read:

SB393,13,14 560.14 (2c) From the appropriations under s. 20.143 (1) (fg) and (ih), the department may make a grant or loan to a community-based organization, political subdivision or private, nonprofit organization for a community-based economic development project or activity, if the project or activity contributes to the implementation of the economic development policy developed by the department under s. 560.01 (2) (a).

SB393, s. 39 Section 39. 560.14 (3) of the statutes is repealed.

SB393, s. 40 Section 40. 560.14 (3c) of the statutes is created to read:

SB393,13,19 560.14 (3c) The department shall specify by rule the criteria for awarding a grant or loan under this section, including the types of projects and activities that are eligible for funding and which types shall receive priority for funding.

SB393, s. 41 Section 41. 560.14 (3m) and (3r) of the statutes are repealed.

SB393, s. 42 Section 42. 560.14 (4) of the statutes, as affected by 1999 Wisconsin Act 9, is repealed.

SB393, s. 43 Section 43. 560.14 (4c) of the statutes is created to read:

SB393,14,3 560.14 (4c) The department may establish conditions on a grant or loan made under this section, including matching contributions that must be provided by the grant or loan recipient.

SB393, s. 44 Section 44. 560.14 (4m) of the statutes is repealed.

SB393, s. 45 Section 45. 560.14 (5) of the statutes is repealed.

SB393, s. 46 Section 46. 560.14 (5c) of the statutes is created to read:

SB393,14,9 560.14 (5c) The department shall establish procedures for applying for a grant or loan under this section and for the department to evaluate and award a grant or loan under this section.

SB393, s. 47 Section 47. 560.14 (6) of the statutes is created to read:

SB393,14,12 560.14 (6) The department shall deposit all moneys received in repayment of loans under this section in the appropriation account under s. 20.143 (1) (ih).

SB393, s. 48 Section 48. 560.145 of the statutes is repealed.

SB393, s. 49 Section 49. 560.147 of the statutes is repealed.

SB393, s. 50 Section 50. 560.15 (2) (d) of the statutes is amended to read:

SB393,14,20 560.15 (2) (d) A business or one or more former employes of a business laid off by an act under sub. (1) (a) or one or more employes of a business, if the business has performed an act under sub. (1) (a), for the purpose of informing the business, former employes or employes of their rights and opportunities to receive assistance under s. 560.16 560.64.

SB393, s. 51 Section 51. 560.16 (title) and (1) (intro.), (a) and (b) of the statutes are repealed.

SB393, s. 52 Section 52. 560.16 (1) (c), (e) and (f) of the statutes are renumbered 560.60 (5d), (5m) and (5r).

SB393, s. 53 Section 53. 560.16 (1) (g) and (h) of the statutes are repealed.

SB393, s. 54 Section 54. 560.16 (2), (3), (4) and (6) of the statutes are repealed.