AB133-SSA1,1395,108
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-SSA1,1395,1212
560.605
(1) (i) The eligible recipient has not received a grant under s. 560.25.
AB133-SSA1,1395,1614
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-SSA1,1395,2018
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-SSA1,1395,2422
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-SSA1,1396,4
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-SSA1, 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-SSA1,1396,10
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-SSA1,1396,11
11(1) Evaluations of proposed technical research projects
under s. 560.62.
AB133-SSA1,1396,1713
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-SSA1,1396,2219
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-SSA1,1397,324
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-SSA1,1397,65
560.737
(1) (b) A
job training partnership program workforce investment
6activity under
29 USC 1502 29 USC 2801 to 2945.
AB133-SSA1,1397,108
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-SSA1, 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-SSA1,1397,1714
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-SSA1,1397,2320
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-SSA1, s. 3004
24Section
3004. 560.785 (1) (c) (intro.) of the statutes is amended to read:
AB133-SSA1,1398,3
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-SSA1,1398,85
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-SSA1,1398,1210
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-SSA1,1398,1614
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-SSA1,1398,2118
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-SSA1,1398,2524
560.797
(1) (aj) "Environmental remediation" has the meaning given in s. 71.07
25(2dx) (a) 3.
AB133-SSA1,1399,42
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-SSA1,1399,55
1. That the project serves a public purpose.
AB133-SSA1,1399,76
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-SSA1,1399,98
3. That the project will likely provide for significant environmental
9remediation.
AB133-SSA1,1399,1211
560.797
(2) (br) In making a determination under par. (bg), the department
12shall consider all of the following:
AB133-SSA1,1399,1313
1. The factors specified in par. (b) 1. to 8.
AB133-SSA1,1399,1414
2. The environmental remediation that is likely to result from the project.
AB133-SSA1,1399,1916
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-SSA1,1399,2422
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-SSA1,1400,3
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.
AB133-SSA1,1400,75
560.83
(1) Subject to s. 560.84, the board may award a grant or loan under this
6section subsection to an eligible recipient
or a local development corporation to fund
7eligible development project costs.
AB133-SSA1,1400,109
560.83
(2) (intro.) The board may award a grant or loan under this
section 10subsection to a local development corporation if all of the following apply:
AB133-SSA1,1400,1512
560.83
(4) (a) In any fiscal biennium, the board may not award, to any one
13eligible recipient
or local development corporation or for any one development
14project, grants or loans under sub. (1) that total more than $100,000 in a fiscal
15biennium.
AB133-SSA1,1400,1817
560.83
(5) (intro.)
The In addition to local development corporations, the board
18may award grants or loans under sub. (1) only to persons who are any of the following:
AB133-SSA1,1400,2520
560.87
(6) From the appropriation under s. 20.143 (1)
(dh) (kh), make an
21annual grant to the Great Lakes inter-tribal council in an amount equal to the
22amount appropriated under s. 20.143 (1)
(dh) (kh), to partially fund in the Great
23Lakes inter-tribal council a liaison between American Indians, Indian businesses
24and Indian tribes interested in targeted programs and the state agencies that
25administer targeted programs.
AB133-SSA1,1401,52
560.875
(1) Annually, the department shall grant to the Great Lakes
3inter-tribal council the amount appropriated under s. 20.143 (1)
(df) (kf) to partially
4fund a program to provide technical assistance for economic development on Indian
5reservations if the conditions under subs. (2) and (3) are satisfied.
AB133-SSA1,1401,117
565.02
(4) (g) Establishing a program to provide for additional compensation,
8above the compensation provided under s. 565.10 (14) (b) 1. or 2., to be paid to
9retailers who meet certain performance goals identified by the department. Under
10this program, the total compensation provided to retailers may not exceed 1.0% of
11the gross revenues from the sale of lottery tickets and lottery shares.
AB133-SSA1,1401,1613
565.10
(14) (b) 3m. The department may, in rules promulgated under s. 565.02
14(4) (g), provide for additional compensation, above the compensation provided under
15subd. 1. or 2., to be paid to retailers who meet certain performance goals identified
16by the department.
AB133-SSA1,1401,22
18565.28 Lottery prize payment option.
(1) (a)
A person who becomes
19entitled to receive payment of a lottery prize under s. 565.30 (1) on or after the
20effective date of this paragraph .... [revisor inserts date], may elect to receive
21payment of the lottery prize in the form of a lump sum or in instalments over a period
22of years if the lottery prize is payable over at least 10 years.
AB133-SSA1,1401,2523
(b)
A person who chooses to make an election under par. (a) shall make the
24election no later than 60 days after becoming entitled to the lottery prize. An election
25made under par. (a) is final and may not be revoked.
AB133-SSA1,1402,3
1(c)
If a person eligible to make an election under par. (a) does not make an
2election within 60 days after becoming entitled to a lottery prize, the administrator
3shall make payment in the form of an annuity.
AB133-SSA1,1402,7
4(2) (a) A person who became entitled to receive payment of a lottery prize under
5s. 565.30 (1) on or before October 21, 1998, and who currently receives payment of
6the lottery prize in the form of an annuity may elect to change the form of payment
7to a lump sum if the lottery prize is payable over at least 10 years.
AB133-SSA1,1402,108
(b) A person who chooses to make an election under par. (a) shall make the
9election no earlier than July 1, 1999, and no later than December 31, 2000. An
10election made under par. (a) is final and may not be revoked.
AB133-SSA1,1402,1912
565.30
(1) Payment of prizes. The administrator shall direct the payment of
13a prize
, in the form elected under s. 565.28, if applicable, to the holder of the winning
14lottery ticket or lottery share or to a person designated under sub. (2), except that a
15prize may be paid to another person under a court order or to the estate of a deceased
16prize winner. The department, administrator, state and any contractor for
17materials, equipment or services of the game in which the prize is won are discharged
18of all liability upon payment of the prize to the holder of a winning lottery ticket or
19lottery share.
AB133-SSA1,1402,2321
569.01
(1m) (d) Moneys received by the state from Indian tribes pursuant to
22an Indian gaming compact, except moneys received as direct reimbursements to the
23department of justice.
AB133-SSA1,1403,3
1569.06 Indian gaming receipts. Indian gaming receipts shall be credited to
2the appropriation accounts under ss. 20.455 (2) (gc) and 20.505 (8) (h)
and (hm) as
3specified under ss. 20.455 (2) (gc) and 20.505 (8) (h)
and (hm).
