AB416,14,1615 4. A statement of the goals identified in the subsidy agreement under sub. (2)
16(a) 4. and a statement of the progress toward meeting those goals.
AB416,14,2017 4m. If the public purpose for the subsidy is the creation or retention jobs, a
18statement of the goals identified in the subsidy agreement under sub. (2) (a) 4m. and
19a statement of the progress toward meeting the job and wage goals or the date on
20which the job and wage goals were or are expected to be achieved.
AB416,14,2321 5. If the public purpose for the subsidy is the retention of jobs, the total number
22of jobs currently provided by the recipient, shown in separate wage bands, and the
23status of the jobs identified under sub. (2) (a) 5.
AB416,15,324 5m. If the public purpose for the subsidy is the creation of jobs, the total number
25of jobs currently provided by the recipient that satisfy the requirements under sub.

1(1) (a) compared to the average number of jobs provided by the recipient in the 12
2months preceding the period covered by this report that satisfied those
3requirements.
AB416,15,64 6. A statement of any financial or other obligation of the recipient under sub.
5(2) (a) 8. and a statement of the progress toward meeting the obligation or the date
6on which the obligation was or will be met.
AB416,15,77 7. The location of the recipient before receiving the business subsidy.
AB416,15,88 8. The name and address of the recipient's parent corporation, if any.
AB416,15,109 9. A list, by amount and provider, of all other public financial assistance for the
10project.
AB416,15,1111 10. Any other information requested by the grantor.
AB416,15,1612 (b) The recipient shall submit a report, as required under par. (a), as required
13by the grantor, but not more than 24 months after the subsidy is first provided.
14Annually thereafter, until the time specified in the subsidy agreement under sub. (2)
15(a) 6., the recipient shall submit a report, as required under par. (a), for the period
16since the previous report was submitted.
AB416,15,2217 (c) If a recipient fails to submit a report by the time the report is due, the grantor
18shall within 30 days after the due date notify the recipient that the report is overdue.
19If the report remains delinquent for 6 months after the due date, the grantor shall
20notify the department of administration and commence any action or proceedings to
21recover the subsidy that are specified in the subsidy agreement, and the recipient
22shall be ineligible for any other business subsidies, as provided in sub. (1) (f).
AB416,16,223 (d) For each recipient, a grantor shall keep a centrally located and easily
24accessible file containing the recipient's application, all documents related to the
25application, the subsidy agreement entered into under sub. (2), and all reports

1submitted under this subsection. A grantor may satisfy this paragraph by posting
2the contents of the file on the grantor's public website.
AB416,16,10 3(4) Reports of grantors and the department of commerce. (a) Annually, no
4later than April 1, every grantor shall manually or electronically file with the
5legislative audit bureau a report that summarizes the information submitted to the
6grantor during the previous calendar year in the reports under sub. (3). If the
7grantor electronically files the report, it shall do so in a form and format acceptable
8to the legislative audit bureau. If the legislative audit bureau develops a report form
9under s. 13.94 (12) (f), a grantor shall use that form for submitting the information
10required under this subsection.
AB416,16,1511 (b) Notwithstanding s. 20.926 (3) (b) 13., an agency that provides assistance to
12a business under a statutory provision that identifies the specific recipient or the
13specific amount shall annually, no later than April 1, file with the legislative audit
14bureau a report on that assistance provided in the preceding calendar year. The
15report shall include all of the following information:
AB416,16,1616 1. The identity of the recipients of the assistance.
AB416,16,1717 2. The amount of assistance provided to each recipient.
AB416,16,1818 3. The statutory authority under which the assistance was provided.
AB416,16,2319 (c) In addition to filing any report that is required under par. (a) or (b), the
20department of commerce shall annually, no later than June 1, file with the legislative
21audit bureau a report on the development zone programs under subch. VI of ch. 560
22and the technology zone program under s. 560.96 that includes all of the following
23information:
AB416,16,2524 1. Identification of all development zones and technology zones in effect and the
25total amount of tax credits that may be claimed in each of those zones.
AB416,17,2
12. The total tax credits claimed, both in the previous calendar year and since
2the zone was designated, in each development zone or technology zone in effect.
AB416,17,73 3. A listing of every person in each development zone or technology zone in
4effect that has been awarded tax credits, together with an itemization of the total
5amount of such tax credits certified for each person, the total amount of such tax
6credits claimed by each person in the year of the report, and the aggregate total of
7all such tax credits claimed by each person.
AB416,17,98 4. A public purpose, other than expanding the property tax base, for which each
9person listed in subd. 3. was certified for tax credits.
AB416,17,1110 5. The progress each person listed in subd. 3. has made in achieving the public
11purpose specified in subd. 4.
AB416,17,1312 6. The criteria used to measure the progress made in achieving the public
13purpose specified in subd. 4.
AB416,17,1614 7. The total number of jobs that have been created, both in the previous
15calendar year and since the zone was designated, in each development zone or
16technology zone in effect, shown in separate wage bands.
AB416,17,1917 8. The total number of jobs that have been retained, both in the previous
18calendar year and since the zone was designated, in each development zone or
19technology zone in effect, shown in separate wage bands.
AB416,17,22 20(5) Public record requirement. Business subsidy applications, all documents
21related to business subsidy applications, recipient reports under sub. (3), and
22grantor reports under sub. (4) are open to public inspection.
AB416,18,3 23(6) Responsibility for compliance and relation to other requirements. (a)
24If the agency that awards a business subsidy is different from the agency that
25provides the business subsidy, the agency that provides the business subsidy shall

1determine how the requirements under this section for the grantor of the business
2subsidy will be met, and may delegate the responsibility for any such requirement
3to the agency that awards the business subsidy.
AB416,18,64 (b) A state agency that administers an economic development program under
5which a local government agency is the grantor of state funds shall ensure that the
6local government agency complies with this section.
AB416,18,97 (c) The legislative audit bureau shall determine whether this section applies
8to an agency with respect to assistance provided by the agency in the event that there
9is disagreement or uncertainty over whether this section applies.
AB416,18,1710 (d) Except as provided in sub. (1) (d) 2., the requirements under this section
11related to awarding or providing a business subsidy, including the awarding criteria
12developed under sub. (1) (a), the subsidy agreement under sub. (2), and the recipient
13reporting requirements under sub. (3), are in addition to any other requirements
14with which an agency or recipient must comply with respect to the business subsidy.
15If a conflict exists between a requirement under this section and any other
16requirement with respect to a business subsidy, the requirement under this section
17controls.
AB416,18,1918 (e) The department of administration shall annually notify all agencies of their
19responsibilities under this section.
AB416, s. 5 20Section 5. 66.1105 (13) of the statutes is amended to read:
AB416,19,321 66.1105 (13) The department of commerce, in cooperation with other state
22agencies and local governments, shall make a comprehensive report to the governor
23and the chief clerk of each house of the legislature, for distribution to the legislature
24under s. 13.172 (2), at the beginning of each biennium, beginning with the 1977
25biennium, as to the effects and impact of tax incremental financing projects socially,

1economically, and financially. Beginning with the 2003 biennium, the department
2of commerce shall also provide a copy of the report to the legislative audit bureau for
3purposes of the report requirement under s. 13.94 (12).
AB416, s. 6 4Section 6. 71.07 (2dx) (a) 4. of the statutes is amended to read:
AB416,19,145 71.07 (2dx) (a) 4. "Full-time job" means a regular, nonseasonal full-time
6position in which an individual, as a condition of employment, is required to work at
7least 2,080 hours per year, including paid leave and holidays, and for which the
8individual receives pay compensation that is equal to at least 150% of the federal
9minimum wage and receives benefits that are not required by federal or state law

10200% of the federal poverty line, as defined under 42 USC 9902 (2), for a family of
112 persons. Compensation may include health insurance premiums paid by the
12employer on behalf of the employee, for purposes of determining whether the
13compensation requirement is met
. "Full-time job" does not include initial training
14before an employment position begins.
AB416, s. 7 15Section 7. 71.28 (1dx) (a) 4. of the statutes is amended to read:
AB416,19,2516 71.28 (1dx) (a) 4. "Full-time job" means a regular, nonseasonal full-time
17position in which an individual, as a condition of employment, is required to work at
18least 2,080 hours per year, including paid leave and holidays, and for which the
19individual receives pay compensation that is equal to at least 150% of the federal
20minimum wage and receives benefits that are not required by federal or state law

21200% of the federal poverty line, as defined under 42 USC 9902 (2), for a family of
222 persons. Compensation may include health insurance premiums paid by the
23employer on behalf of the employee, for purposes of determining whether the
24compensation requirement is met
. "Full-time job" does not include initial training
25before an employment position begins.
AB416, s. 8
1Section 8. 71.47 (1dx) (a) 4. of the statutes is amended to read:
AB416,20,112 71.47 (1dx) (a) 4. "Full-time job" means a regular, nonseasonal full-time
3position in which an individual, as a condition of employment, is required to work at
4least 2,080 hours per year, including paid leave and holidays, and for which the
5individual receives pay compensation that is equal to at least 150% of the federal
6minimum wage and receives benefits that are not required by federal or state law

7200% of the federal poverty line, as defined under 42 USC 9902 (2), for a family of
82 persons. Compensation may include health insurance premiums paid by the
9employer on behalf of the employee, for purposes of determining whether the
10compensation requirement is met
. "Full-time job" does not include initial training
11before an employment position begins.
AB416, s. 9 12Section 9. 560.70 (2m) of the statutes is amended to read:
AB416,20,2213 560.70 (2m) "Full-time job" means a regular, nonseasonal full-time position
14in which an individual, as a condition of employment, is required to work at least
152,080 hours per year, including paid leave and holidays, and for which the individual
16receives pay compensation that is equal to at least 150% of the federal minimum
17wage and benefits that are not required by federal or state law
200% of the federal
18poverty line, as defined under 42 USC 9902 (2), for a family of 2 persons.
19Compensation may include health insurance premiums paid by the employer on
20behalf of the employee, for purposes of determining whether the compensation
21requirement is met
. "Full-time job" does not include initial training before an
22employment position begins.
AB416, s. 10 23Section 10. 560.765 (3) (br) of the statutes is created to read:
AB416,21,324 560.765 (3) (br) The person's commitment to ensure that, unless otherwise
25authorized by the department, any depreciable tangible personal property for which

1tax benefits are claimed will remain in Wisconsin for at least 5 years or, if the
2property is mobile, the property's base of operations for at least 50% of its use will
3be at a location in Wisconsin for at least 5 years.
AB416, s. 11 4Section 11. 560.785 (2) (b) of the statutes is amended to read:
AB416,21,85 560.785 (2) (b) The requirement under ss. 560.70 (2m) and 560.797 (1) (am)
6that an individual's pay compensation must equal at least 150% 200% of the federal
7minimum wage poverty line, as defined under 42 USC 9902 (2), for a family of 2
8persons
.
AB416, s. 12 9Section 12. 560.96 (3) (a) 4. of the statutes is created to read:
AB416,21,1410 560.96 (3) (a) 4. The business commits to ensure that, unless otherwise
11authorized by the department, any depreciable tangible personal property for which
12tax credits are claimed will remain in Wisconsin for at least 5 years or, if the property
13is mobile, the property's base of operations for at least 50% of its use will be at a
14location in Wisconsin for at least 5 years.
AB416, s. 13 15Section 13. Initial applicability.
AB416,21,1916 (1) The treatment of sections 13.94 (12), 20.926, and 20.9265 of the statutes
17first applies to business subsidies, as defined in section 20.926 (3) of the statutes, as
18created by this act, that are awarded on the first day of the 10th month beginning
19after publication.
AB416,21,2220 (2) The treatment of sections 71.07 (2dx) (a) 4., 71.28 (1dx) (a) 4., 71.47 (1dx)
21(a) 4., 560.70 (2m), 560.765 (3) (br), 560.785 (2) (b), and 560.96 (3) (a) 4. of the statutes
22first applies to taxable years beginning on January 1, 2005.
AB416,21,2323 (End)
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