SB1, s. 3564q
7Section 3564q. 560.125 (4) (c) (intro.) of the statutes is amended to read:
SB1,1393,118
560.125
(4) (c) (intro.) Subject to par. (d), the department may make
a grant 9grants under this section
from July 1, 2007, to June 30. 2011, of
70 50 percent of the
10eligible costs for
a total of not more than the following number of idling reduction
11units
per applicant:
SB1, s. 3564r
12Section 3564r. 560.125 (4) (c) 6. a. of the statutes is repealed and recreated
13to read:
SB1,1393,1414
560.125
(4) (c) 6. a. Thirty.
SB1, s. 3564s
15Section 3564s. 560.125 (4) (c) 7. of the statutes is renumbered 560.125 (4) (c)
167. (intro.) and amended to read:
SB1,1393,1817
560.125
(4) (c) 7. (intro.) If the applicant owns and operates more than 2,500
18truck tractors with post-1998 diesel truck engines,
3
the greater of the following:
SB1,1393,20
19b. Three percent of the number of truck tractors with post-1998 diesel truck
20engines that the applicant owns and operates.
SB1, s. 3564t
21Section 3564t. 560.125 (4) (c) 7. a. of the statutes is created to read:
SB1,1393,2222
560.125
(4) (c) 7. a. One-hundred twenty-five.
SB1, s. 3564x
23Section 3564x. 560.126 of the statutes is created to read:
SB1,1394,3
1560.126 Renewable energy grants and loans. (1) The department may
2award a grant or make a loan from the appropriations under s. 20.143 (1) (ie) or (tm)
3to a business or researcher to fund any of the following projects:
SB1,1394,54
(a) Research and development, including demonstration projects, into
5renewable energy technologies.
SB1,1394,86
(b) Development of renewable energy sources and infrastructure in Wisconsin,
7including the conversion of nonrenewable energy sources to renewable energy
8sources.
SB1,1394,99
(c) The commercial application of renewable energy technologies.
SB1,1394,1010
(d) The construction of one or more cellulosic ethanol production plants.
SB1,1394,12
11(2) (a) The department shall consider all of the following criteria to evaluate
12applications for a grant or loan under this section:
SB1,1394,1413
1. The extent to which the project will aid in the research, development, or use
14of renewable energy sources in Wisconsin.
SB1,1394,1615
2. The extent to which the project will improve the competitive position or
16enhance the capabilities of Wisconsin's renewable energy industries.
SB1,1394,1817
3. Whether the project is one in which Wisconsin holds a competitive advantage
18over other states.
SB1,1394,2119
4. The likelihood that the project will lead to the commercial application of new
20practices or technologies that involve the development, production, processing, or
21distribution of renewable energy.
SB1,1394,2322
5. The extent to which the project will use existing, surplus, or by-products of
23natural resources in this state.
SB1,1395,3
16. The extent to which the project will strengthen Wisconsin's existing
2industries by converting wastes or by-products generated by existing industries into
3renewable energy.
SB1,1395,64
7. The extent to which the project will develop technologies to increase the
5capacity of Wisconsin's manufacturing industries to utilize renewable energy
6sources.
SB1,1395,87
(b) The department may also consider the following criteria to evaluate
8applications for a grant or loan under this section:
SB1,1395,99
1. The criteria under ss. 560.602 and 560.605.
SB1,1395,1110
2. Whether the applicant is a small business, a minority owned business under
11s. 560.80 (8), a locally owned business, or a farm.
SB1,1395,1312
3. The geographical distribution of grants awarded and loans made under this
13section.
SB1,1395,15
14(3) A grant under this section may not exceed 50 percent of the costs of an
15eligible project.
SB1,1395,18
16(4) In consultation with the department of agriculture, trade and consumer
17protection, the department of natural resources, and the public service commission,
18the department may promulgate rules necessary to administer this section.
SB1, s. 3565g
19Section 3565g. 560.13 (2) (a) (intro.) of the statutes is amended to read:
SB1,1395,2220
560.13
(2) (a) (intro.) Subject to subs. (4) and (5), from the
appropriations 21appropriation under s. 20.143 (1)
(br) and (qm) the department may make a grant
22to a person if all of the following apply:
SB1, s. 3566m
23Section 3566m. 560.135 of the statutes is repealed.
SB1, s. 3568
24Section
3568. 560.14 (1) (ar) of the statutes is amended to read:
SB1,1396,2
1560.14
(1) (ar) "Brownfields" has the meaning given in s.
560.60 (1v) 560.13 (1)
2(a).
SB1, s. 3569
3Section
3569. 560.145 of the statutes is repealed.
SB1, s. 3570
4Section
3570. 560.147 of the statutes is repealed.
SB1, s. 3571
5Section
3571. 560.15 (2) (d) of the statutes is repealed.
SB1, s. 3572
6Section
3572. 560.16 of the statutes is repealed.
SB1, s. 3573
7Section
3573. 560.17 (1) (am) of the statutes is amended to read:
SB1,1396,98
560.17
(1) (am) "Brownfields" has the meaning given in s.
560.60 (1v) 560.13
9(1) (a).
SB1, s. 3574
10Section
3574. 560.17 (1) (bm) of the statutes is amended to read:
SB1,1396,1311
560.17
(1) (bm) "Job"
has the meaning given in s. 560.60 (10) means a position
12providing full-time equivalent employment. "Job" does not include initial training
13before an employment position begins.
SB1, s. 3575
14Section
3575. 560.175 of the statutes is repealed.
SB1, s. 3577
15Section
3577. 560.204 of the statutes is created to read:
SB1,1396,19
16560.204 Hardware and software used to maintain medical records. (1) 17The department shall implement a program to certify health care providers as
18eligible for the electronic medical records credit under ss. 71.07 (5i), 71.28 (5i), and
1971.47 (5i).
SB1,1396,23
20(2) If the department certifies a health care provider under sub. (1), the
21department shall determine the amount of credits to allocate to the health care
22provider. The total amount of electronic medical records credits allocated to health
23care providers in any year may not exceed $10,000,000.
SB1,1397,3
1(3) The department shall inform the department of revenue of every health
2care provider certified under sub. (1) and the amount of credits allocated to the health
3care provider.
SB1,1397,5
4(4) The department, in consultation with the department of revenue, shall
5promulgate rules to administer this section.
SB1, s. 3577k
6Section 3577k. 560.205 (1) (g) of the statutes is amended to read:
SB1,1397,127
560.205
(1) (g) It is not engaged in real estate development, insurance,
8banking, lending, lobbying, political consulting, professional services provided by
9attorneys, accountants, business consultants, physicians, or health care
10consultants, wholesale or retail trade, leisure, hospitality, transportation, or
11construction
, except construction of power production plants that derive energy from
12a renewable resource, as defined in s. 196.378 (1) (h).
SB1, s. 3578
13Section
3578. 560.205 (3) (d) of the statutes is amended to read:
SB1,1398,314
560.205
(3) (d)
Rules. The department of commerce, in consultation with the
15department of revenue, shall promulgate rules to administer this section. The rules
16shall further define "bona fide angel investment" for purposes of s. 71.07 (5d) (a) 1.
17The rules shall limit the aggregate amount of tax credits under s. 71.07 (5d) that may
18be claimed for investments in businesses certified under sub. (1) at $3,000,000 per
19calendar year for calendar years beginning after December 31, 2004
. The, and
20$5,500,000 per calendar year for calendar years beginning after December 31, 2007.
21The rules shall also limit the aggregate amount of the tax credits under ss. 71.07 (5b),
2271.28 (5b), and 71.47 (5b) that may be claimed for investments paid to fund managers
23certified under sub. (2) at $3,500,000 per calendar year for calendar years beginning
24after December 31, 2004
, and $6,000,000 per calendar year for calendar years
25beginning after December 31, 2007. The rules shall also provide that, for calendar
1years beginning after December 31, 2007, no person may receive a credit under ss.
271.07 (5b) and (5d), 71.28 (5b), or 71.47 (5b) unless the person's investment is kept
3in a certified business, or with a certified fund manager, for no less than 3 years.
SB1, s. 3578h
4Section 3578h. 560.207 of the statutes is created to read:
SB1,1398,8
5560.207 Dairy manufacturing facility investment credit. (1) The
6department of commerce shall implement a program to certify taxpayers as eligible
7for the dairy manufacturing facility investment credit under ss. 71.07 (3p), 71.28
8(3p), and 71.47 (3p).
SB1,1398,14
9(2) If the department of commerce certifies a taxpayer under sub. (1), the
10department of commerce shall determine the amount of credits to allocate to that
11taxpayer. The total amount of dairy manufacturing facility investment credits
12allocated to taxpayers in fiscal year 2007-08 may not exceed $600,000 and the total
13amount of dairy manufacturing facility investment credits allocated to taxpayers in
14fiscal year 2008-09, and in each fiscal year thereafter, may not exceed $700,000.
SB1,1398,17
15(3) The department of commerce shall inform the department of revenue of
16every taxpayer certified under sub. (1) and the amount of credits allocated to the
17taxpayer.
SB1,1398,19
18(4) The department of commerce, in consultation with the department of
19revenue, shall promulgate rules to administer this section.
SB1, s. 3580
20Section
3580. 560.26 of the statutes is repealed.
SB1, s. 3581
21Section
3581. 560.275 (4) (e) of the statutes is amended to read:
SB1,1398,2422
560.275
(4) (e)
Entrepreneurial and technology transfer grants. The total
23amount of grants under sub. (2) (e) may not exceed
$500,000 $600,000 in any fiscal
24year.
SB1, s. 3581a
1Section 3581a. Subchapter II (title) of chapter 560 [precedes 560.30] of the
2statutes is renumbered 560.29 (title).
SB1, s. 3581b
3Section 3581b. 560.30 (intro.) of the statutes is renumbered 560.29 (1) (intro.)
4and amended to read:
SB1,1399,6
5560.29 Certified capital companies.
(1) Definitions. (intro.) In this
6subchapter section:
SB1, s. 3581c
7Section 3581c. 560.30 (1) of the statutes is repealed.
SB1, s. 3581d
8Section 3581d. 560.30 (2) of the statutes is renumbered 560.29 (1) (a) and
9amended to read:
SB1,1399,1210
560.29
(1) (a) "Certified capital company" means a person that has been
11certified by the department under s. 560.31
, 2005 stats., and that has not been
12decertified under s. 560.37 (3) or (3m)
, 2005 stats.
SB1, s. 3581e
13Section 3581e. 560.30 (3) of the statutes is repealed.
SB1, s. 3581f
14Section 3581f. 560.30 (4) of the statutes is renumbered 560.29 (1) (b) and
15amended to read:
SB1,1399,1916
560.29
(1) (b) "Certified capital investment" means an investment in a certified
17capital company that is certified under s. 560.32 (2)
, 2005 stats., and that fully funds
18either the investor's equity interest in a certified capital company, a qualified debt
19instrument that a certified capital company issues, or both.
SB1, s. 3581g
20Section 3581g. 560.30 (5) of the statutes is renumbered 560.29 (1) (c).
SB1, s. 3581h
21Section 3581h. 560.30 (6) of the statutes is renumbered 560.29 (1) (d).
SB1, s. 3581i
22Section 3581i. 560.30 (7) of the statutes is renumbered 560.29 (1) (e).
SB1, s. 3581j
23Section 3581j. 560.30 (8) of the statutes is renumbered 560.29 (1) (f) and
24amended to read:
SB1,1400,2
1560.29
(1) (f) "Qualified business" means a business which is a qualified
2business under s. 560.33
, 2005 stats.
SB1, s. 3581k
3Section 3581k. 560.30 (9) of the statutes is repealed.
SB1, s. 3581L
4Section 3581L. 560.30 (10) of the statutes is repealed.
SB1, s. 3581m
5Section 3581m. 560.30 (11) of the statutes is renumbered 560.29 (1) (g) and
6amended to read:
SB1,1400,97
560.29
(1) (g) "Qualified investment" means an investment in a qualified
8business by a certified capital company that meets the requirements under s. 560.34
9(1)
, 2005 stats.
SB1, s. 3581n
10Section 3581n. 560.31 of the statutes is repealed.
SB1, s. 3581o
11Section 3581o. 560.32 of the statutes is repealed.
SB1, s. 3581p
12Section 3581p. 560.33 of the statutes is repealed.
SB1, s. 3581q
13Section 3581q. 560.34 of the statutes is repealed.
SB1, s. 3581r
14Section 3581r. 560.35 (title) of the statutes is renumbered 560.29 (2) (title).
SB1, s. 3581s
15Section 3581s. 560.35 (1) (intro.) of the statutes is renumbered 560.29 (2) (a)
16(intro.).
SB1, s. 3581t
17Section 3581t. 560.35 (1m) of the statutes is renumbered 560.29 (2) (b) and
18amended to read:
SB1,1400,2319
560.29
(2) (b)
Violation of agreements by qualified businesses. As soon as
20practicable after the receipt of information by the certified capital company that a
21qualified business has violated an agreement made under s. 560.34 (1) (b) to (e),
2005
22stats., the certified capital company shall notify the department of the violation and
23the facts giving rise to the violation.
SB1, s. 3581u
24Section 3581u. 560.35 (2) of the statutes is renumbered 560.29 (2) (c).
SB1, s. 3581v
1Section 3581v. 560.35 (3) of the statutes is renumbered 560.29 (2) (d) and
2amended to read:
SB1,1401,143
560.29
(2) (d)
Financial statements. Within 90 days of the end of the certified
4capital company's fiscal year, the certified capital company shall provide to the
5department a copy of its annual audited financial statements, including the opinion
6of an independent certified public accountant. The audit shall address the methods
7of operation and conduct of the business of the certified capital company to determine
8whether the certified capital company is complying with this
subchapter section and
9the rules promulgated under
this subchapter subchapter II of ch. 560, 2005 stats.,
10including whether certified capital has been invested in the manner required under
11s. 560.34
, 2005 stats. The financial statements provided under this subsection shall
12be segregated by investment pool and shall be separately audited on that basis to
13allow the department to determine whether the certified capital company is in
14compliance with s. 560.34 (1m)
, 2005 stats.