2003 WISCONSIN ACT 314
An Act to create 20.370 (6) (ef), 20.370 (6) (eg), 20.370 (6) (em) and 292.72 of the statutes; relating to: brownfield revolving loan programs and making appropriations.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
314,1
Section
1. 20.370 (6) (ef) of the statutes is created to read:
20.370 (6) (ef) Brownfields revolving loan repayments. All moneys received in repayment of loans under s. 292.72, to make loans or grants for the remediation of brownfield sites under s. 292.72.
314,2
Section
2. 20.370 (6) (eg) of the statutes is created to read:
20.370 (6) (eg) Brownfields revolving loan funds administered for other entity. All moneys received from another governmental entity under s. 292.72 (2), to administer a brownfield revolving loan program for the other governmental entity under s. 292.72 (2).
314,3
Section
3. 20.370 (6) (em) of the statutes is created to read:
20.370 (6) (em) Federal brownfields revolving loan funds. All moneys received from the federal government under s. 292.72 (1), to make loans or grants for the remediation of brownfield sites under s. 292.72 (1).
314,4
Section
4. 292.72 of the statutes is created to read:
292.72 Brownfields revolving loan program. (1) The department may enter into an agreement with the federal environmental protection agency under which the department receives funds under
42 USC 9604 (k) (3) (A) (i) to establish and administer a brownfields revolving loan program. If the department receives funds under this subsection, it may make loans or grants for the remediation of brownfield sites, as defined in
42 USC 9601 (39), in accordance with the agreement.
(2) At the request of another governmental entity, the department may administer funds received under
42 USC 9604 (k) (3) (A) (i) by the other governmental entity for the establishment of a brownfields revolving loan program.