1995 Wisconsin Act 209

c. The percentage of households in the area receiving unemployment compensation under ch. 108, relief funded by a relief block grant under ch. 49 or aid to families with dependent children under s. 49.19 is higher than the state average.

d. In the 36 months immediately preceding the date on which the application under s. 560.72 (2) or (3) was submitted to the department, a number of workers in the area were permanently laid off by their employer or became unemployed as a result of a business action subject to s. 109.07 (1m).

e. An employer in the vicinity of the area has given public notice under s. 109.07 (1m) of either a business closing or a mass layoff of at least 25 employes, or 25% of the employes, of a business, whichever is greater, that will result in a number of workers in the area being laid off permanently.

f. Property values in the area have been declining.

g. There has been a decline in the population in the area.

209,59 Section 59 . 560.71 (1m) of the statutes is created to read:

560.71 (1m) In making a determination under sub. (1) (e), the department shall consider all of the following:

(a) The extent of poverty, unemployment or other factors contributing to general economic hardship in the area.

(b) The prospects for new investment and economic development in the area.

(c) The amount of investment that is likely to result from the designation of the area as a development zone.

(d) The number of jobs that are likely to be created or retained in the area as a result of its designation as a development zone.

(e) The number of jobs that are likely to be available to the target population as a result of the designation of the area as a development zone.

(f) The competitive effect of designating the area as a development zone on other businesses in the vicinity of the area.

(g) The needs of other areas of the state.

(h) Any other factors that the department considers relevant.

209,60 Section 60 . 560.71 (3) (a) of the statutes is amended to read:

560.71 (3) (a) Determine the number of development zones designated under sub. (1) but may not designate more than 14 18 development zones over the life of the program.

209,61 Section 61 . 560.71 (3) (c) 3. of the statutes is created to read:

560.71 (3) (c) 3. Of the development zones that are designated after the effective date of this subdivision .... [revisor inserts date], designate one that is in an urban area.

209,62 Section 62 . 560.72 (2) (c) of the statutes is amended to read:

560.72 (2) (c) Evidence that the area meets at least 2 3 of the criteria under s. 560.71 (1) (e), including data on the requirements the area does not meet 4.

209,63 Section 63 . 560.72 (3) of the statutes is amended to read:

560.72 (3) Two or more local governing bodies may submit a joint application nominating a single an area as a development zone, subject to s. 560.735 (2), if each local governing body complies with subs. (1) and (2).

209,64 Section 64 . 560.72 (4) of the statutes is repealed.

209,65 Section 65 . 560.723 of the statutes is repealed.

209,66 Section 66 . 560.725 (1) (intro.) of the statutes is renumbered 560.725 (1) and amended to read:

560.725 (1) The department shall evaluate applications received under s. 560.72 (2) to (4) and (3) and development zone plans received under s. 560.73 (1) and (2) according to the following criteria:.

209,67 Section 67 . 560.725 (1) (a) to (h) of the statutes are repealed.

209,68 Section 68 . 560.725 (2) of the statutes is amended to read:

560.725 (2) Subject to s. 560.735 (5), the department may reduce the size of an area nominated as a development zone, if the department determines the boundaries as proposed by the local governing body in an application under s. 560.72 (2) to (4) or (3) are inconsistent with the purpose of the development zone program. Any nominated area which is reduced under this subsection need not comply with s. 560.735 (1), (3) and (4).

209,69 Section 69 . 560.725 (3) of the statutes is amended to read:

560.725 (3) After evaluating an application submitted under s. 560.72 (2) to (4) or (3), the department may approve the application, subject to any reduction in the size of the nominated area under sub. (2). If the department approves the application, the department shall notify the local governing body and request the local governing body to submit a development zone plan under s. 560.73 (1) or (2), whichever is applicable.

209,70 Section 70 . 560.73 (1) (c) 6. of the statutes is repealed.

209,71 Section 71 . 560.73 (1) (f) of the statutes is amended to read:

560.73 (1) (f) Any changes in ordinances, or expenditures of the city, village, town, county or American Indian tribe or band to facilitate economic development.

209,72 Section 72 . 560.73 (1) (g) of the statutes is amended to read:

560.73 (1) (g) How the local governing body intends to assess the effectiveness of its development zone plan submitted under this subsection or sub. (2).

209,73 Section 73 . 560.73 (3) of the statutes is amended to read:

560.73 (3) After review based on the relevant criteria under s. 560.725 (1), the department may approve a development zone plan. If the department approves a development zone plan, the department shall designate the area nominated by the local governing body as a development zone, subject to s. 560.71, and notify the local governing body.

209,74 Section 74 . 560.735 (1) (a) of the statutes is amended to read:

560.735 (1) (a) The area contains less than 5% 10% of the valuation of the property of the city, village or town, as determined under s. 70.57, in which the area is located.

209,75 Section 75 . 560.735 (1) (b) of the statutes is amended to read:

560.735 (1) (b) If the area is located within a 1st class city, the population of the area as estimated under s. 16.96 is not less than 4,000 and not more than 5% 10% of the city's population, as estimated under s. 16.96.

209,76 Section 76 . 560.735 (1) (c) of the statutes is amended to read:

560.735 (1) (c) If the area is located within a village, town or city other than a 1st class city, the population of the area is not less than 4,000 1,000 nor more than 10,000, as estimated under s. 16.96.

209,77 Section 77 . 560.735 (3) of the statutes is repealed.

209,78 Section 78 . 560.735 (6) (a) (intro.) of the statutes is amended to read:

560.735 (6) (a) (intro.) Except in a 1st class city as provided in pars. (b) and (c), 2 separate areas may be nominated or designated as one development zone, if all of the following apply:

209,79 Section 79 . 560.735 (6) (a) 2. of the statutes is amended to read:

560.735 (6) (a) 2. Each area meets at least 2 3 of the criteria listed in s. 560.71 (1) (e) 1. to 6 4.

209,80 Section 80 . 560.735 (6) (a) 3. of the statutes is amended to read:

560.735 (6) (a) 3. Considered together, the areas meet the requirements of subs. sub. (1) and (3).

209,81 Section 81 . 560.735 (6) (b) of the statutes is amended to read:

560.735 (6) (b) In Except as provided in par. (c), in a 1st class city, not more than 4 up to 8 separate areas may be nominated or designated as one development zone, if par. (a) 1. to 3. applies.

209,82 Section 82 . 560.735 (6) (c) of the statutes is created to read:

560.735 (6) (c) If an application is submitted by the governing body of a county under s. 560.72 (2) or (3), up to 4 separate areas may be nominated or designated as one development zone, if par. (a) 1. to 3. applies.

209,83 Section 83 . 560.735 (6m) of the statutes is created to read:

560.735 (6m) An area that is comprised of entire counties may be nominated or designated as one development zone if the area is comprised of no more than 2 entire counties. An area that is comprised of 2 entire counties may be nominated or designated as a development zone only if the population of the entire area does not exceed 75,000.

209,84 Section 84 . 560.74 (2) of the statutes is amended to read:

560.74 (2) The department may approve an application for a boundary change if the development zone, as affected by the boundary changes, meets the applicable requirements of s. 560.735 and 2 3 of the criteria under s. 560.71 (1) (e) 1. to 6 4.

209,85 Section 85 . 560.745 (2) (a) of the statutes is amended to read:

560.745 (2) (a) When the department designates a development zone under s. 560.71, it shall establish a limit for tax benefits for the development zone determined by allocating to the development zone, under rules promulgated by the department, a portion of $21,155,000 $28,155,000.

209,86 Section 86 . 560.745 (2) (am) of the statutes is created to read:

560.745 (2) (am) Notwithstanding par. (a), the department may increase the established limit for tax benefits for a development zone that was designated before the effective date of this paragraph .... [revisor inserts date], by no more than $500,000.

209,87 Section 87 . 560.75 (3) of the statutes is repealed.

209,88 Section 88 . 560.763 (title) of the statutes is amended to read:

560.763 (title) Duties of local governing bodies; advisory boards.

209,89 Section 89 . 560.763 (1) (a) of the statutes is repealed.

209,90 Section 90 . 560.763 (2) of the statutes is repealed.

209,91 Section 91 . 560.763 (3) of the statutes is repealed.

209,92 Section 92 . 560.79 of the statutes is repealed.

209,93 Section 93 . 560.797 (1) (c) of the statutes, as created by 1995 Wisconsin Act 27, is amended to read:

560.797 (1) (c) “Target population" means persons who are members of targeted groups for the purpose of the credit under ss. 71.07 (2dj), 71.28 (1dj) and 71.47 (1dj) has the meaning given in s. 560.70 (6).

209,94 Section 94 . Initial applicability.

(1) Tax credits. (a) The treatment of sections 20.835 (2) (cm) and (cn), 71.05 (6) (a) 15., 71.07 (2dd) (a) 2., (2dj) (am) 4h., 4i. and 8m., (d) and (h), (2dr) and (2ds) (c) and (h), 71.10 (4) (gd), (ge), (gm) and (i), 71.28 (1dd) (a) 2., (1dj) (am) 4h., 4i. and 8m., (d) and (h) and (1ds) (c) and (h), 71.30 (3) (eb), (ec) and (f), 71.47 (1dd) (a) 2., (1dj) (am) 4h., 4i. and 8m., (d) and (h) and (1ds) (c) and (h), 71.49 (1) (eb), (ec) and (f), 73.03 (35), 77.92 (4) and 560.70 (7) of the statutes first applies to taxable years beginning on January 1, 1997.

(b) The treatment of sections 71.07 (2dd) (a) 1., 71.28 (1dd) (a) 1. and 71.47 (1dd) (a) 1. of the statutes applies retroactively to taxable years beginning on January 1, 1995.

(c)  The treatment of sections 71.07 (2dj) (am) 1., 71.28 (1dj) (am) 1. and 71.47 (1dj) (am) 1. of the statutes first applies to taxable years beginning on January 1, 1996.

(2) Development zone program changes. The treatment of sections 560.70 (4) and (6), 560.71 (1) (cm) and (e) and (1m), 560.72 (2) (c), (3) and (4), 560.723, 560.725 (1) (intro.) and (a) to (h), (2) and (3), 560.73 (1) (f) and (g) and (3), 560.735 (6) (a) (intro.) and 2. and (c) and (6m) and 560.74 (2) of the statutes first applies to areas nominated for designation as development zones for which applications are submitted on the effective date of this subsection.

209,95 Section 95 . Effective dates. This act takes effect on the day after publication, except as follows:

(1)  Research credit. The treatment of section 71.07 (2dr) of the statutes takes effect on July 1, 1996, or on the day after publication, whichever is later.