AB133-ASA1,1392,2118
560.20
(2) (e) If the department makes a grant under par. (a), the department
19may contract directly with and pay grant proceeds directly to any person providing
20technical assistance to the individual, small business or nonprofit organization for
21the purpose specified in par. (a).
AB133-ASA1, s. 2977
22Section
2977. 560.20 (3) (a) (intro.) of the statutes is amended to read:
AB133-ASA1,1393,223
560.20
(3) (a) (intro.)
The Subject to par. (cm), the department may award funds
24appropriated under s. 20.143 (1) (en) and (in) to an individual, small business or
1nonprofit organization for use in connection with the start-up or expansion of a
2for-profit business if all of the following apply:
AB133-ASA1,1393,74
560.20
(3) (cm) If the department awards a grant under this subsection, the
5department may contract directly with and pay grant proceeds directly to any person
6providing management assistance to the individual, small business or nonprofit
7organization.
AB133-ASA1,1393,10
9560.25 Manufacturing extension center grants. (1) Definitions. In this
10section:
AB133-ASA1,1393,1111
(a) "Biotechnology" means technology related to life sciences.
AB133-ASA1,1393,1412
(b) "Business" means a company located in this state, a company that has made
13a firm commitment to locate a facility in this state or a group of companies at least
1480% of which are located in this state.
AB133-ASA1,1393,1515
(c) "Technology" includes biotechnology.
AB133-ASA1,1393,2016
(d) "Technology-based nonprofit organization" means a nonprofit corporation,
17as defined in s. 181.0103 (17), or an organization described in section
501 (c) (3) of
18the Internal Revenue Code that is exempt from federal income tax under section
501 19(a) of the Internal Revenue Code, and that has as a mission the transfer of technology
20to businesses in this state.
AB133-ASA1,1393,24
21(2) Grants. Subject to subs. (4) and (5), the department may make a grant from
22the appropriation under s. 20.143 (1) (ie) to a technology-based nonprofit
23organization to provide support for a manufacturing extension center if all of the
24following apply:
AB133-ASA1,1394,3
1(a) The technology-based nonprofit organization submits to the department a
2plan detailing its proposed expenditures and performance measures related to the
3project.
AB133-ASA1,1394,44
(b) The secretary approves the plan submitted under par. (a).
AB133-ASA1,1394,7
5(3) Restriction on grant recipients. A technology-based nonprofit
6organization that receives a grant under this section is thereafter ineligible to
7receive a grant or loan under subch. V.
AB133-ASA1,1394,9
8(4) Limit on grants. The department may not award more than $1,000,000 in
9grants under this section in a fiscal year.
AB133-ASA1,1394,11
10(5) Program sunset. The department may not encumber any moneys under
11this section after June 30, 2001.
AB133-ASA1,1394,1513
560.60
(4) "Eligible recipient" means a governing body or a person who is
14eligible to receive
a grant under s. 560.615, a grant or loan under s. 560.62, a grant
15or loan under s. 560.63 or a grant or loan under s. 560.65.
AB133-ASA1,1394,2117
560.60
(10) "Job" means a
regular, nonseasonal full-time position in which an
18individual, as a condition of employment, is required to work at least 2,080 hours per
19year, including paid leave and holidays position providing full-time equivalent
20employment. "Job" does not include initial training before an employment position
21begins.
AB133-ASA1, s. 2986
22Section
2986. 560.605 (1) (e) (intro.) and 1. of the statutes are consolidated,
23renumbered 560.605 (1) (e) and amended to read:
AB133-ASA1,1395,224
560.605
(1) (e)
The Except as provided in s. 560.68 (6), the eligible recipient
25receiving the grant or loan will contribute, from funds not provided by this state,
1whichever of the following applies: 1. Except as provided under subd. 3. and s. 560.68
2(6), not less than 25% of the cost of the project.
AB133-ASA1,1395,65
560.605
(1) (f) The project meets all criteria set forth in s.
560.615, 560.62,
6560.63, 560.65 or 560.66, whichever is appropriate.
AB133-ASA1,1395,108
560.605
(1) (g) Funds from the grant or loan under s.
560.615, 560.62, 560.63,
9560.65 or 560.66 will not be used to pay overhead costs, except as provided in s. 560.65
10(1m) (b), or to replace funds from any other source.
AB133-ASA1,1395,1212
560.605
(1) (i) The eligible recipient has not received a grant under s. 560.25.
AB133-ASA1,1395,1614
560.605
(2) (intro.) The board shall consider all of the following before
15awarding a grant or loan to an eligible recipient for a project under s.
560.615, 560.62,
16560.63 or 560.66:
AB133-ASA1,1395,2018
560.605
(2m) (intro.) When considering whether a project under s.
560.615, 19560.62, 560.63 or 560.66 will be located in a targeted area, the board shall consider
20all of the following:
AB133-ASA1,1395,2422
560.607
(3) Evaluation costs, collection costs, foreclosure costs and other costs
23associated with administering the loan portfolio under this subchapter, excluding
24staff salaries.
AB133-ASA1,1396,4
1560.61
(1) Make a grant or loan to an eligible recipient for a project that meets
2the criteria for funding under s. 560.605 (1) and (2) and under s.
560.615, 560.62,
3560.63, 560.65 or 560.66, whichever is appropriate, from the appropriations under
4s. 20.143 (1) (c), (cb)
, and (ie)
, (s) and (sm).
AB133-ASA1, s. 2996
6Section
2996. 560.62 (4) of the statutes is renumbered 560.607, and 560.607
7(intro.) and (1), as renumbered, are amended to read:
AB133-ASA1,1396,10
8560.607 Miscellaneous and administrative expenditures. (intro.) In each
9biennium, the
board department may expend or encumber up to a total of 1% of the
10moneys appropriated under s. 20.143 (1) (c) for that biennium for any of the following:
AB133-ASA1,1396,11
11(1) Evaluations of proposed technical research projects
under s. 560.62.
AB133-ASA1,1396,1713
560.63
(4) The contribution required under s. 560.605 (1) (e) may consist of
14funding or of in-kind contributions. Not more than 20% of the contribution of a
15business may consist of funding which the business receives under the federal
job
16training partnership act, 29 USC 1501 to 1781 Workforce Investment Act of 1998,
1729 USC 2801 to 2945.
AB133-ASA1,1396,2219
560.66
(1) (intro.) The board may award grants and loans under s. 560.61 to
20eligible recipients for any project that is not eligible for a grant or loan under s.
21560.615, 560.62 or 560.63, if the board determines that the project is a major
22economic development project and considers all of the following:
AB133-ASA1,1397,324
560.68
(3) The department may charge a grant or loan recipient an origination
25fee of up to
1.5% 2% of the grant or loan amount if the grant or loan exceeds $200,000
1and is awarded under s. 560.63 or 560.66. The department shall deposit all
2origination fees collected under this subsection in the appropriation account under
3s. 20.143 (1) (gm).
AB133-ASA1,1397,65
560.737
(1) (b) A
job training partnership program workforce investment
6activity under
29 USC 1502 29 USC 2801 to 2945.
AB133-ASA1,1397,108
560.745
(2) (a) When the department designates a development zone under s.
9560.71, it shall establish a limit for tax benefits for the development zone determined
10by allocating to the development zone a portion of
$33,155,000 $38,155,000.
AB133-ASA1, s. 3001
12Section
3001. 560.785 (1) (b) (intro.) and 1. of the statutes are consolidated,
13renumbered 560.785 (1) (b) and amended to read:
AB133-ASA1,1397,1714
560.785
(1) (b) Allow a person to claim up to
$6,500 $8,000 in tax benefits
15during the time that an area is designated as a development zone or as an enterprise
16development zone for
any of the following: Creating
creating a full-time job that is
17filled by a member of the target population.
AB133-ASA1,1397,2320
560.785
(1) (bm) Allow a person to claim up to $8,000 in tax benefits during the
21time that an area is designated as an enterprise development zone for retaining a
22full-time job if the department determines that the person made a significant capital
23investment to retain the full-time job.
AB133-ASA1, s. 3004
24Section
3004. 560.785 (1) (c) (intro.) of the statutes is amended to read:
AB133-ASA1,1398,3
1560.785
(1) (c) (intro.) Allow a person to claim up to
$4,000 $6,000 in tax
2benefits during the time that an area is designated as a development zone or as an
3enterprise development zone for any of the following:
AB133-ASA1,1398,85
560.785
(1) (d)
Require Except for a person claiming tax benefits only for
6environmental remediation under s. 71.07 (2dx) (b) 1., 71.28 (1dx) (b) 1. or 71.47 (1dx)
7(b) 1., require at least 25% of the tax benefits claimed by a person to be based on
8creating or retaining full-time jobs.
AB133-ASA1,1398,1210
560.785
(1) (e) Require at least one-third of the tax benefits claimed by a person
11that are based on creating
or retaining full-time jobs to be based on creating
or
12retaining full-time jobs that are filled by members of the target population.
AB133-ASA1,1398,1614
560.785
(1) (h) Provide that a person's eligibility to claim tax benefits for
15environmental remediation under s. 71.07 (2dx) (b) 1., 71.28 (1dx) (b) 1. or 71.47 (1dx)
16(b) 1. is not based on creating or retaining jobs.
AB133-ASA1,1398,2118
560.785
(2) (c) The requirement under ss. 560.70 (2m) and 560.797 (1) (am) that
19an individual's position must be regular, nonseasonal and full-time and that the
20individual must be required to work at least 2,080 hours per year, including paid
21leave and holidays.
AB133-ASA1,1398,2524
560.797
(1) (aj) "Environmental remediation" has the meaning given in s. 71.07
25(2dx) (a) 3.
AB133-ASA1,1399,42
560.797
(2) (bg) Notwithstanding par. (a) and subject to pars. (c) and (d), the
3department may designate an area as an enterprise development zone for a project
4if the department determines all of the following:
AB133-ASA1,1399,55
1. That the project serves a public purpose.
AB133-ASA1,1399,76
2. That the project is not likely to occur or continue without the department's
7designation of the area as an enterprise development zone.
AB133-ASA1,1399,98
3. That the project will likely provide for significant environmental
9remediation.
AB133-ASA1,1399,1211
560.797
(2) (br) In making a determination under par. (bg), the department
12shall consider all of the following:
AB133-ASA1,1399,1313
1. The factors specified in par. (b) 1. to 8.
AB133-ASA1,1399,1414
2. The environmental remediation that is likely to result from the project.
AB133-ASA1,1399,1916
560.797
(2) (d) The department may not designate more than
50 79 enterprise
17development zones unless the department obtains the approval of the joint
18committee on finance to do so
. Of the enterprise development zones that the
19department designates, at least 10 shall be designated under par. (bg).
AB133-ASA1,1399,2422
560.80
(5) "Eligible recipient" means a person who is eligible to receive a grant
23under s. 560.82 (5) or 560.837 or a grant or loan under s. 560.83 (5)
(a) or (b) or
24560.835.
AB133-ASA1,1400,3
1560.81
(2) The board awards a grant or loan to the eligible recipient
or local
2development corporation under ss. 560.83
(1) and 560.84 or
to the eligible recipient 3under ss. 560.835 and 560.84.
