SB21,1464,21 16(3) Eligibility for tax benefits. A person is eligible to receive tax benefits if,
17in each year for which the person claims tax benefits under this section, the person
18increases net employment in this state in the person's business above the net
19employment in this state in the person's business during the year before the person
20was certified under sub. (2), as determined by the authority under its policies and
21procedures.
SB21,1464,23 22(4) Awards, limits, expiration. (a) The authority may award all of the following
23tax benefits to a person certified under sub. (2):
SB21,1464,2524 1. An amount equal to up to 10 percent of the amount of wages that the person
25paid to an employee in an eligible position in the taxable year.
SB21,1465,4
12. An amount equal to up to 5 percent of the amount of wages that the person
2paid to an employee in an eligible position in the taxable year, if the eligible position
3is offered at the claimant's business in an economically distressed area, as
4determined by the authority.
SB21,1465,95 3. An amount equal to up to 50 percent of the person's training costs incurred
6to undertake activities to enhance an employee's general knowledge, employability,
7and flexibility in the workplace; to develop skills unique to the person's workplace
8or equipment; or to develop skills that will increase the quality of the person's
9product.
SB21,1465,1410 4. An amount equal to up to 3 percent of the person's personal property
11investment and 5 percent of the person's real property investment in a capital
12investment project, if the project involves a total capital investment of at least
13$1,000,000 or, if less than $1,000,000, the project involves a capital investment that
14is equal to at least $10,000 per employee employed on the project.
SB21,1465,2015 5. An amount, as determined by the authority, equal to a percentage of the
16amount of wages that the person paid to an employee in an eligible position in the
17taxable year, if the eligible position was created or retained in connection with the
18person's location or retention of the person's corporate headquarters in Wisconsin
19and the job duties associated with the eligible position involve the performance of
20corporate headquarters functions.
SB21,1465,2321 (b) Subject to a reallocation by the authority under s. 235.15 (3) (d), the
22authority may allocate up to $10,000,000 in tax benefits under this section in any
23calendar year. Any unused allocation may be carried forward.
SB21,1465,25 24(5) Duties. (a) The authority shall notify the department of revenue, on at least
25a quarterly basis, when the authority certifies a person to receive tax benefits.
SB21,1466,2
1(b) The authority shall notify the department of revenue within 30 days of
2revoking a certification made under sub. (2).
SB21,1466,53 (c) The authority may require a person to repay any tax benefits the person
4claims for a year in which the person failed to maintain an eligible position required
5by an agreement under sub. (2) (b).
SB21,1466,86 (d) The authority shall determine the maximum amount of the tax credits
7under ss. 71.07 (3y), 71.28 (3y), and 71.47 (3y) that a certified business may claim and
8shall notify the department of revenue of this amount on at least a quarterly basis.
SB21,1466,109 (e) The authority shall annually verify the information submitted to it by the
10person claiming tax benefits under ss. 71.07 (3y), 71.28 (3y), and 71.47 (3y).
SB21,1466,1211 (f) The authority shall adopt policies and procedures for the implementation
12and operation of this section.
SB21,3947 13Section 3947. 235.609 of the statutes is created to read:
SB21,1466,16 14235.609 Bonds for certain mortgages and securities and for the
15housing development fund.
The authority may issue its negotiable notes and
16bonds to do any of the following:
SB21,1466,20 17(1) Purchase certain mortgages and securities and make secured loans for
18housing for persons and families of low and moderate income, for the rehabilitation
19of existing structures, and for the construction of facilities appurtenant to existing
20structures consistent with the provisions and purposes of this chapter.
SB21,1466,22 21(2) Make secured loans to assist eligible elderly homeowners in paying
22property taxes and special assessments.
SB21,1466,24 23(3) Provide moneys for the housing development fund in order to make
24temporary loans to sponsors of housing projects as provided in this subchapter.
SB21,3948 25Section 3948. 236.13 (2m) of the statutes is amended to read:
SB21,1467,14
1236.13 (2m) As a further condition of approval when lands included in the plat
2lie within 500 feet of the ordinary high-water mark of any lake, any navigable
3stream, or any other body of navigable water or if land in the proposed plat involves
4lake or navigable stream shorelands referred to in s. 236.16, the department of
5natural resources, to prevent pollution of navigable waters, or the department of
6safety and professional services,
and to protect the public health and safety, may
7require assurance of adequate drainage areas for private on-site wastewater
8treatment systems and building setback restrictions, or provisions by the owner for
9public sewage disposal facilities for waters of the state, as defined in s. 281.01 (18),
10industrial wastes, as defined in s. 281.01 (5), and other wastes, as defined in s. 281.01
11(7). The public sewage disposal facilities may consist of one or more systems as the
12department of natural resources or the department of safety and professional
13services
determines on the basis of need for prevention of pollution of the waters of
14the state or protection of public health and safety.
SB21,3949 15Section 3949. 237.07 (3) (a) of the statutes is amended to read:
SB21,1467,2016 237.07 (3) (a) For each fiscal year, the authority shall submit to the department
17of administration an audited financial statement of the funding received by the
18authority from the department of natural resources under s. 237.08 (2) and by the
19authority
from contributions and other funding accepted by the authority under s.
20237.08 (3).
SB21,3950 21Section 3950. 237.08 (2) of the statutes is repealed.
SB21,3951 22Section 3951. Chapter 238 (title) of the statutes is repealed.
SB21,3952 23Section 3952. Subchapter I (title) of chapter 238 [precedes 238.01] of the
24statutes is repealed.
SB21,3953 25Section 3953. 238.01 (intro.) and (1) of the statutes are repealed.
SB21,3954
1Section 3954. 238.01 (2) of the statutes is repealed.
SB21,3955 2Section 3955. 238.01 (3) of the statutes is renumbered 235.01 (3).
SB21,3956 3Section 3956. 238.02 of the statutes is repealed.
SB21,3957 4Section 3957. 238.03 (title) of the statutes is renumbered 235.03 (title) and
5amended to read:
SB21,1468,7 6235.03 (title) Duties of board the authority concerning economic
7development
.
SB21,3958 8Section 3958. 238.03 (1) of the statutes is repealed.
SB21,3959 9Section 3959. 238.03 (2) of the statutes is renumbered 235.03 (2), and 235.03
10(2) (intro.) and (c), as renumbered, are amended to read:
SB21,1468,1211 235.03 (2) (intro.) For each program developed and implemented by the board
12authority under this subchapter, the board authority shall do all of the following:
SB21,1468,1713 (c) Require that each recipient of a grant or loan under the program submit a
14report to the corporation authority. Each contract with a recipient of a grant or loan
15under the program must specify the frequency and format of the report to be
16submitted to the corporation authority and the performance measures to be included
17in the report.
SB21,3960 18Section 3960. 238.03 (3) of the statutes is renumbered 235.03 (3), and 235.03
19(3) (intro.), (a) and (b) (intro.), as renumbered, are amended to read:
SB21,1468,2220 235.03 (3) (intro.) The board authority shall require for each economic
21development
program developed and implemented by the board authority all of the
22following:
SB21,1469,1423 (a) That each recipient of a grant or loan under the program of at least $100,000
24submit to the corporation authority, within 120 days after the end of the recipient's
25fiscal year in which any grant or loan funds were expended, a schedule of

1expenditures of the grant or loan funds, including expenditures of any matching cash
2or in-kind match
or at a different time as provided in policies and procedures
3approved by the board an attestation,
signed by the director or principal officer of the
4recipient to attest to the accuracy of the schedule of expenditures. The recipient shall
5engage an independent certified public accountant to perform procedures, approved
6by the corporation and consistent with applicable professional standards of the
7American Institute of Certified Public Accountants, to determine whether the grant
8or loan funds and any matching cash or in-kind match were expended in accordance
9with the grant or loan contract. The board shall also require the recipient of such a
10grant or loan to make available for inspection the documents supporting the schedule
11of expenditures. The board shall include the requirements under this paragraph in
12the contract with grant or loan recipients
. The attestation shall verify that the grant
13or loan funds and any matching cash or in-kind match were expended in accordance
14with the grant or loan contract
.
SB21,1469,1915 (b) (intro.) That the board authority, if a recipient of a grant or loan under the
16program submits false or misleading information to the corporation authority or fails
17to comply with the terms of a contract entered into with the corporation authority,
18without providing satisfactory explanation for the noncompliance, do all of the
19following:
SB21,3961 20Section 3961. 238.04 of the statutes is repealed.
SB21,3962 21Section 3962. 238.045 of the statutes is repealed.
SB21,3963 22Section 3963. 238.046 of the statutes is renumbered 235.014, and 235.014 (1)
23and (2), as renumbered, are amended to read:
SB21,1470,1324 235.014 (1) A member of the board or an employee of the corporation authority
25to whom the board delegates its authority to contract shall notify the corporation's

1authority's legal counsel or, if the corporation's legal counsel is unavailable, the chief
2executive officer of the corporation authority if the member or employee has a direct
3or indirect, private, pecuniary interest in a contract that is being negotiated, bid for,
4or entered into with the corporation authority. If the corporation's authority's legal
5counsel or chief executive officer is notified under this section, he or she shall report
6the name of the individual from whom he or she received the notification and the
7contract in which the individual has a private, pecuniary interest to the board. A
8member or employee who notifies the corporation's authority's legal counsel or chief
9executive officer under this section is not authorized to participate in the member's
10or employee's capacity as a member of the board or an employee of the corporation
11authority in the making of the contract or to perform in regard to the contract some
12official function requiring the exercise of discretion on the member's or employee's
13part.
SB21,1470,23 14(2) An employee of the corporation authority shall notify the corporation's
15authority's legal counsel or, if the corporation's legal counsel is unavailable, the chief
16executive officer of the corporation authority if the employee has a controlling
17interest in an entity that is negotiating, bidding for, or entering into a contract with
18the corporation authority. If the corporation's authority's legal counsel or chief
19executive officer is notified under this section, he or she shall report the name of the
20individual from whom he or she received the notification and the contract at issue
21to the board. The board shall prohibit the corporation authority from entering into
22any contract with an entity in which an employee of the corporation authority has
23a controlling interest.
SB21,3964 24Section 3964. 238.05 of the statutes is repealed.
SB21,3965
1Section 3965. 238.06 of the statutes is renumbered 235.015 and amended to
2read:
SB21,1471,6 3235.015 Liability limited. Neither the state nor any political subdivision of
4the state, nor any officer, employee, or agent of the state or a political subdivision of
5the state who is acting within the scope of employment or agency, is liable for any
6debt, obligation, act, or omission of the corporation authority.
SB21,3966 7Section 3966. 238.07 of the statutes is renumbered 235.016, and 235.016 (1),
8(2) (intro.), (3) and (4), as renumbered, are amended to read:
SB21,1471,139 235.016 (1) Annually, by January October 1, the board authority shall submit
10to the chief clerk of each house of the legislature, for distribution to the legislature
11under s. 13.172 (2), a report identifying the economic development and housing
12programs and
projects that the board authority intends to develop and implement
13during the current calendar fiscal year.
SB21,1471,18 14(2) (intro.) Annually, no later than October l, the board authority shall submit
15to the joint legislative audit committee and the chief clerk of each house of the
16legislature, for distribution to the legislature under s. 13.172 (2), a report for the
17previous fiscal year on each of the economic development programs of the corporation
18authority that contains all of the following:
SB21,1471,20 19(3) The board authority shall make readily accessible to the public on an
20Internet-based system the information required under sub. (2).
SB21,1471,25 21(4) Annually, beginning in 2014 2016, the board shall have an independent
22audit conducted of the corporation's authority's financial statements for the previous
23fiscal year and submit the audit report to the joint legislative audit committee and
24the chief clerk of each house of the legislature, for distribution to the legislature
25under s. 13.172 (2).
SB21,3967
1Section 3967. 238.08 of the statutes is repealed.
SB21,3968 2Section 3968. 238.09 of the statutes is renumbered 235.017, and 235.017 (1),
3(2) and (3), as renumbered, are amended to read:
SB21,1472,54 235.017 (1) When the corporation authority is required to publicly solicit
5proposals from multiple vendors of goods or services.
SB21,1472,7 6(2) How the corporation authority is to evaluate proposals from multiple
7vendors.
SB21,1472,9 8(3) How the corporation authority is to assess any conflict of interest a vendor
9may have if the vendor sells goods or services to the corporation authority.
SB21,3969 10Section 3969. 238.10 of the statutes is renumbered 235.018, and 235.018 (1)
11to (4), as renumbered, are amended to read:
SB21,1472,1812 235.018 (1) Allocation. The corporation authority shall establish under 26
13USC 146
and administer a system for the allocation of the volume cap on the issuance
14of private activity bonds, as defined under 26 USC 141 (a), among all municipalities,
15as defined in s. 67.01 (5), and any corporation formed on behalf of those
16municipalities, and among this state, the Wisconsin Health and Educational
17Facilities Authority, the Wisconsin Aerospace Authority, and the Wisconsin Housing
18and Economic Development Authority
authority.
SB21,1472,24 19(2) Amendment to allocation. At any time prior to December 31 in any year,
20the corporation authority may adopt rules policies and procedures to revise the
21allocation system established for that year under sub. (1), except that any revision
22under this subsection does not apply to any allocation under which the recipient of
23that allocation has adopted a resolution authorizing the issuance of a private activity
24bond, as defined in 26 USC 141 (a).
SB21,1473,5
1(3) Conditions. The corporation authority may establish any procedure for,
2and place any condition upon, the granting of an allocation under this section which
3the corporation authority deems to be in the best interest of the state including a
4requirement that a cash deposit, at a rate established by the corporation authority,
5be a condition for an allocation.
SB21,1473,8 6(4) Certification. If the corporation authority receives notice of the issuance
7of a bond under an allocation under subs. (1) to (3), the corporation authority shall
8certify that that bond meets the requirements of 26 USC 146.
SB21,3970 9Section 3970. 238.11 of the statutes is renumbered 235.11, and 235.11 (1), (2)
10and (5), as renumbered, are amended to read:
SB21,1473,1611 235.11 (1) The corporation authority shall prescribe the notice forms to be used
12under s. 66.1103 (4m) (a) 1. The corporation authority shall include on the forms a
13requirement for information on the number of jobs the person submitting the notice
14expects to be eliminated, created, or maintained on the project site and elsewhere in
15this state by the project which is the subject of the notice. The corporation authority
16shall prescribe the forms to be used under s. 66.1103 (4m) (b).
SB21,1473,21 17(2) If the corporation authority receives a notice under s. 66.1103 (4m) (a), the
18corporation authority shall estimate, no later than 20 days after receipt of the notice,
19whether the project that is the subject of the notice is expected to eliminate, create,
20or maintain jobs on the project site and elsewhere in this state and the net number
21of jobs expected to be eliminated, created, or maintained as a result of the project.
SB21,1473,24 22(5) The corporation authority shall issue an estimate made under sub. (2) to
23the city, village, town, or county which will issue the bonds to finance the project
24which is the subject of the estimate.
SB21,3971
1Section 3971. 238.12 of the statutes is renumbered 235.12 and amended to
2read:
SB21,1474,7 3235.12 Repayment of grants, loans, and tax benefits. (1) In this section,
4"tax benefits" means the credits under ss. 71.07 (2dd), (2de), (2di), (2dj), (2dL), (2dm),
5(2dr), (2ds), (2dx), (3g), and (3t), 71.28 (1dd), (1de), (1di), (1dj), (1dL), (1dm), (1ds),
6(1dx), (3g), and (3t), 71.47 (1dd), (1de), (1di), (1dj), (1dL), (1dm), (1ds), (1dx), (3g), and
7(3t), and 76.636.
SB21,1474,15 8(2) The corporation authority may not award a grant or loan under this chapter
9to a person or certify a person to receive tax benefits unless the corporation authority
10enters into an agreement with the person that requires the person to repay the grant,
11loan, or tax benefits if, within 5 years after receiving the grant or loan or being
12certified to receive tax benefits, the person ceases to conduct in this state the
13economic activity for which the person received the grant or loan or for which the
14person was certified to receive tax benefits and commences substantially the same
15economic activity outside this state.
SB21,3972 16Section 3972. 238.125 of the statutes is repealed.
SB21,3973 17Section 3973. 238.127 of the statutes is renumbered 235.127, and 235.127 (2)
18(intro.), (c) (intro.), (e), (h) and (j), as renumbered, are amended to read:
SB21,1474,2419 235.127 (2) (intro.) The corporation authority shall establish and administer
20a state main street program to coordinate state and local participation in programs
21offered by the national main street center, created by the national trust for historic
22preservation, to assist municipalities in planning, managing and implementing
23programs for the revitalization of business areas. The corporation authority shall
24do all of the following:
SB21,1475,3
1(c) (intro.) With help from interested individuals and organizations, develop a
2plan describing the objectives of the state main street program and the methods by
3which the corporation authority shall:
SB21,1475,124 (e) Annually select, upon application, up to 5 municipalities to participate in
5the state main street program. The program for each municipality shall conclude
6after 3 years, except that the program for each municipality selected after July 29,
71995, shall conclude after 5 years. The corporation authority shall select program
8participants representing various geographical regions and populations. A
9municipality may apply to participate, and the corporation authority may select a
10municipality for participation, more than one time. In selecting a municipality,
11however, the corporation authority may give priority to those municipalities that
12have not previously participated.
SB21,1475,1613 (h) Provide training, technical assistance and information on the revitalization
14of business areas to municipalities which do not participate in the state main street
15program. The corporation authority may charge reasonable fees for the services and
16information provided under this paragraph.
SB21,1475,1817 (j) The corporation authority shall expend at least $250,000 annually on the
18state main street program.
SB21,3974 19Section 3974 . 238.13 of the statutes, as affected by 2015 Wisconsin Act .... (this
20act), is renumbered 235.13, and 235.13 (2) (a) (intro.), (3) (intro.) and (f) and (5), as
21renumbered, are amended to read:
SB21,1475,2322 235.13 (2) (a) (intro.) The corporation authority may make a grant to a person
23if all of the following apply:
SB21,1475,25 24(3) (intro.) The corporation authority may consider the following criteria in
25making awards under this section:
SB21,1476,2
1(f) Any other factors considered by the corporation to be authority considers
2relevant to assessing the viability and feasibility of the project.
SB21,1476,5 3(5) Before the corporation authority awards a grant under this section, the
4corporation authority shall consider the recommendations of the department of
5natural resources.
SB21,3975 6Section 3975. 238.13 (2) (b) 2. of the statutes is repealed.
SB21,3976 7Section 3976. 238.13 (2) (b) 3. of the statutes is created to read:
SB21,1476,98 238.13 (2) (b) 3. The recipient of a grant under this section shall contribute to
9the project an amount that is equal to at least 50 percent of the amount of the grant.
SB21,3977 10Section 3977. 238.13 (5) of the statutes is amended to read:
SB21,1476,1311 238.13 (5) Before the corporation awards a grant under this section, the
12corporation shall consider the recommendations of the department of administration
13and
the department of natural resources.
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