SB480,18,2116 560.70 (2m) (b) The department may by rule specify circumstances under
17which the department may grant exceptions to the requirement under par. (a) that
18a full-time job means a job in which an individual, as a condition of employment, is
19required to work at least 2,080 hours per year, but under no circumstances may a
20full-time job mean a job in which an individual, as a condition of employment, is
21required to work less than 37.5 hours per week.
SB480, s. 46 22Section 46. 560.70 (4m) of the statutes is created to read:
SB480,19,923 560.70 (4m) "Member of a targeted group" means a person who resides in an
24area designated by the federal government as an economic revitalization area, a
25person who is employed in an unsubsidized job but meets the eligibility requirements

1under s. 49.145 (2) and (3) for a Wisconsin Works employment position, a person who
2is employed in a trial job, as defined in s. 49.141 (1) (n), or in a real work, real pay
3project position under s. 49.147 (3m), a person who is eligible for child care assistance
4under s. 49.155, a person who is a vocational rehabilitation referral, an economically
5disadvantaged youth, an economically disadvantaged veteran, a supplemental
6security income recipient, a general assistance recipient, an economically
7disadvantaged ex-convict, a dislocated worker, as defined in 29 USC 2801 (9), or a
8food stamp recipient, if the person has been certified in the manner under 26 USC
951
(d) (13) (A) by a designated local agency, as defined in 26 USC 51 (d) (12).
SB480, s. 47 10Section 47. 560.70 (7) (a) of the statutes is amended to read:
SB480,19,1311 560.70 (7) (a) Except as provided in pars. (b) and, (c), and (d), "tax benefits"
12means the development zones credit under ss. 71.07 (2dx), 71.28 (1dx), 71.47 (1dx),
13and 76.636.
SB480, s. 48 14Section 48. 560.70 (7) (d) of the statutes is created to read:
SB480,19,1615 560.70 (7) (d) In ss. 560.701 to 560.706, "tax benefits" means the economic
16development tax credit under ss. 71.07 (2dy), 71.28 (1dy), 71.47 (1dy), and 76.637.
SB480, s. 49 17Section 49. 560.701 of the statutes is created to read:
SB480,19,20 18560.701 Certification for tax benefits. (1) Application. Any person may
19apply to the department on a form prepared by the department for certification under
20this section. The application shall include all of the following:
SB480,19,2121 (a) The name and address of the person.
SB480,19,2222 (b) The federal tax identification number of the person.
SB480,19,2423 (c) The names and addresses of the locations where the person conducts
24business and a description of the business activities conducted at those locations.
SB480,20,2
1(d) A description of each eligible activity conducted or proposed to be conducted
2by the person.
SB480,20,43 (e) Other information required by the department or the department of
4revenue.
SB480,20,8 5(2) Certification. (a) The department may certify a person who submits an
6application under sub. (1) if, after conducting an investigation, the department
7determines that the person is conducting or intends to conduct at least one eligible
8activity.
SB480,20,109 (b) The department shall provide a person certified under this section and the
10department of revenue with a copy of the certification.
SB480,20,13 11(3) Contract. A person certified under this section shall enter into a written
12contract with the department. The contract shall include provisions that detail all
13of the following:
SB480,20,1514 (a) A description of each eligible activity being conducted or proposed to be
15conducted by the person.
SB480,20,1716 (b) Whether any of the eligible activities will occur in an economically
17distressed area, as designated by the department under s. 560.704 (1).
SB480,20,1918 (c) Whether any of the eligible activities will benefit members of a targeted
19group, as determined by the department under s. 560.704.
SB480,20,2220 (d) A compliance schedule that includes a sequence of anticipated actions to be
21taken or benchmarks to be reached by the person before the person may receive tax
22benefits under s. 560.703.
SB480,20,2323 (e) The reporting requirements with which the person must comply.
SB480,20,2524 (f) If feasible, a determination of the tax benefits the person will be authorized
25to claim under s. 560.703 (2) if the person fulfills the terms of the contract.
SB480, s. 50
1Section 50. 560.702 of the statutes is created to read:
SB480,21,3 2560.702 Eligible activities. A person who conducts or proposes to conduct
3any of the following may be certified under s. 560.701 (2):
SB480,21,6 4(1) Job creation project. A project that creates and maintains for a period of
5time established by the department by rule full-time jobs in addition to any existing
6full-time jobs provided by the person.
SB480,21,10 7(2) Capital investment project. A project that involves a significant
8investment of capital, as defined by the department by rule under s. 560.706 (2) (b),
9by the person in new equipment, machinery, real property, or depreciable personal
10property.
SB480,21,14 11(3) Employee training project. A project that involves significant investments
12in the training or reeducation of employees, as defined by the department by rule
13under s. 560.706 (2) (c), by the person for the purpose of improving the productivity
14or competitiveness of the business of the person.
SB480,21,19 15(4) Project related to persons with corporate headquarters in Wisconsin.
16A project that will result in the location or retention of a person's corporate
17headquarters in Wisconsin or that will result in the retention of employees holding
18full-time jobs in Wisconsin if the person's corporate headquarters are located in
19Wisconsin.
SB480, s. 51 20Section 51. 560.703 of the statutes is created to read:
SB480,21,25 21560.703 Limits on tax benefits and claiming tax benefits. (1) Limits. (a)
22Except as provided in par. (b), the total tax benefits available to be allocated by the
23department under ss. 560.701 to 560.706 may not exceed the sum of the tax benefits
24remaining to be allocated under ss. 560.71 to 560.785, 560.797, 560.798, 560.7995,
25and 560.96 on the effective date of this paragraph .... [revisor inserts date].
SB480,22,6
1(b) The department may submit to the joint committee on finance a request in
2writing to exceed the total tax benefits specified in par. (a). The department shall
3submit with its request a justification for seeking an increase under this paragraph.
4The joint committee on finance, following its review, may approve or disapprove an
5increase in the total tax benefits available to be allocated under ss. 560.701 to
6560.706.
SB480,22,11 7(2) Authority to claim tax benefits. The department may authorize a person
8certified under s. 560.701 (2) to claim tax benefits only after the person has submitted
9a report to the department that documents to the satisfaction of the department that
10the person has complied with the terms of the contract under s. 560.701 (3) and the
11requirements of any applicable rules promulgated under s. 560.706 (2).
SB480,22,14 12(3) Notice of eligibility. The department shall provide to the person and to
13the department of revenue a notice of eligibility to receive tax benefits that reports
14the amount of tax benefits for which the person is eligible.
SB480, s. 52 15Section 52. 560.704 of the statutes is created to read:
SB480,22,20 16560.704 Eligible activities in economically distressed areas and
17benefiting members of targeted groups.
The department may authorize a
18person certified under s. 560.701 (2) to claim additional tax benefits under s. 560.703
19if, after conducting an investigation, the department determines any of the
20following:
SB480,22,24 21(1) The person conducts at least one eligible activity in an area designated by
22the department as economically distressed. In designating an area as economically
23distressed under this subsection, the department shall follow the methodology
24established by rule under s. 560.706 (2) (e).
SB480,23,3
1(2) The person conducts at least one eligible activity that benefits, creates,
2retains, or significantly upgrades full-time jobs for, that trains, or that reeducates,
3members of a targeted group.
SB480, s. 53 4Section 53. 560.705 of the statutes is created to read:
SB480,23,6 5560.705 Revocation of certification. The department shall revoke the
6certification of a person who does any of the following:
SB480,23,8 7(1) Supplies false or misleading information to obtain certification under s.
8560.701 (2).
SB480,23,10 9(2) Supplies false or misleading information to obtain tax benefits under s.
10560.703.
SB480,23,12 11(3) Leaves the state to conduct substantially the same business outside of the
12state.
SB480,23,14 13(4) Ceases operations in the state and does not renew operation of the business
14or a similar business within 12 months.
SB480, s. 54 15Section 54. 560.706 of the statutes is created to read:
SB480,23,17 16560.706 Responsibilities of the department. The department shall do all
17of the following:
SB480,23,21 18(1) Accountability. (a) Annually verify information submitted to the
19department of revenue under ss. 71.07 (2dy), 71.28 (1dy), 71.47 (1dy), and 76.637 by
20persons certified under s. 560.701 (2) and eligible to receive tax benefits under s.
21560.703.
SB480,23,2322 (b) Notify and obtain written approval from the secretary for any certification
23under sub. (2) (h).
SB480,23,24 24(2) Rules. Establish by rule all of the following:
SB480,24,4
1(a) A schedule of hourly wage ranges to be paid, and health insurance benefits
2to be provided, to an employee by a person certified under s. 560.701 (2) and the
3corresponding per employee tax benefit for which a person certified under s. 560.701
4(2) may be eligible.
SB480,24,105 (b) A definition of "significant investment of capital" for purposes of s. 560.702
6(2), together with a corresponding schedule of tax benefits for which a person who is
7certified under s. 560.701 (2) and who conducts a project described in s. 560.702 (2)
8may be eligible. The department shall include in the definition required under this
9paragraph a schedule of investments that takes into consideration the size or nature
10of the business.
SB480,24,1411 (c) A definition of "significant investments in the training or reeducation of
12employees" for purposes of s. 560.702 (3), together with a corresponding schedule of
13tax benefits for which a person who is certified under s. 560.701 (2) and who conducts
14a project under s. 560.702 (3) may be eligible.
SB480,24,1715 (d) A schedule of tax benefits for which a person who is certified under s.
16560.701 (2) and who conducts a project that will result in the location or retention
17of a person's corporate headquarters in Wisconsin may be eligible.
SB480,24,2118 (e) The methodology for designating an area as economically distressed under
19s. 560.704 (1). The methodology under this paragraph shall require the department
20to consider the most current data available for the area and for the state on the
21following indicators:
SB480,24,2222 1. Unemployment rate.
SB480,24,2423 2. Percentage of families with incomes below the poverty line established under
2442 USC 9902 (2).
SB480,24,2525 3. Median family income.
SB480,25,1
14. Median per capita income.
SB480,25,22 5. Average annual wage.
SB480,25,33 6. Real property values.
SB480,25,54 7. Other significant or irregular indicators of economic distress, such as a
5natural disaster.
SB480,25,86 (f) A schedule of additional tax benefits for which a person who is certified
7under s. 560.701 (2) and who conducts an eligible activity described under s. 560.704
8may be eligible.
SB480,25,119 (g) Reporting requirements, minimum benchmarks, and outcomes expected of
10a person certified under s. 560.701 (2) before that person may receive tax benefits
11under s. 560.703.
SB480,25,1312 (h) Policies and criteria for certifying a person who may be eligible for tax
13benefits greater than or equal to $3,000,000.
SB480,25,1414 (i) Procedures for implementing ss. 560.701 to 560.706.
SB480,25,20 15(3) Reporting. Annually, 6 months after the report has been submitted under
16s. 560.01 (2) (am), submit to the joint legislative audit committee and to the
17appropriate standing committees of the legislature under s. 13.172 (3) a
18comprehensive report assessing the program under ss. 560.701 to 560.706. The
19report under this subsection shall update the applicable information provided in the
20report under s. 560.01 (2) (am).
SB480, s. 55 21Section 55. 560.71 (4) of the statutes is created to read:
SB480,25,2322 560.71 (4) No development zone may be designated under this section after the
23effective date of this subsection .... [revisor inserts date].
SB480, s. 56 24Section 56. 560.737 (4) of the statutes is created to read:
SB480,26,3
1560.737 (4) No premises of a business incubator may be designated as part of
2a development zone under this section after the effective date of this subsection ....
3[revisor inserts date].
SB480, s. 57 4Section 57. 560.74 (1) of the statutes is amended to read:
SB480,26,105 560.74 (1) At Except as provided under sub. (6), at any time after a
6development zone is designated by the department, a local governing body may
7submit an application to change the boundaries of the development zone. If the
8boundary change reduces the size of a development zone, the local governing body
9shall explain why the area excluded should no longer be in a development zone. The
10department may require the local governing body to submit additional information.
SB480, s. 58 11Section 58. 560.74 (6) of the statutes is created to read:
SB480,26,1412 560.74 (6) The department may not accept any applications under sub. (1) to
13change the boundaries of a development zone designated under s. 560.71 on or after
14the effective date of this subsection .... [revisor inserts date].
SB480, s. 59 15Section 59. 560.745 (1) (b) of the statutes is amended to read:
SB480,26,2116 560.745 (1) (b) The local governing body may apply to the department for one
1760-month extension of the designation. The department shall promulgate rules
18establishing criteria for approving an extension of a designation of an area as a
19development zone under this subsection. No applications may be accepted by the
20department under this paragraph on or after the effective date of this paragraph ....
21[revisor inserts date].
SB480, s. 60 22Section 60. 560.745 (2) (am) of the statutes is amended to read:
SB480,27,223 560.745 (2) (am) Notwithstanding par. (a), the department may increase the
24established limit for tax benefits for a development zone. The department may not
25increase the limit for tax benefits established for any development zone designated

1under s. 560.71 on or after the effective date of this paragraph .... [revisor inserts
2date].
SB480, s. 61 3Section 61. 560.78 (1m) of the statutes is created to read:
SB480,27,54 560.78 (1m) No person may be certified under s. 560.765 (3) on or after the
5effective date of this subsection .... [revisor inserts date].
SB480, s. 62 6Section 62. 560.78 (3) (a) of the statutes is amended to read:
SB480,27,137 560.78 (3) (a) Except as provided in par. pars. (b) and (c), if the economic activity
8for which a person is seeking certification under s. 560.765 (3) is the relocation of a
9business into a development zone from a location that is outside the development
10zone but within the limits of a city, village, town or federally recognized American
11Indian reservation in which that development zone is located, the local governing
12body that nominated that area as a development zone under s. 560.72 shall
13determine whether sub. (2) (a) or (b) applies.
SB480, s. 63 14Section 63. 560.78 (3) (c) of the statutes is created to read:
SB480,27,1615 560.78 (3) (c) No local governing body may make any determination under this
16subsection on or after the effective date of this paragraph .... [revisor inserts date].
SB480, s. 64 17Section 64. 560.797 (2) (a) (intro.) of the statutes is amended to read:
SB480,27,2018 560.797 (2) (a) (intro.) Subject to pars. (c) and, (d), and (e), the department may
19designate an area as an enterprise development zone for a project if the department
20determines all of the following:
SB480, s. 65 21Section 65. 560.797 (2) (bg) (intro.) of the statutes is amended to read:
SB480,27,2422 560.797 (2) (bg) (intro.) Notwithstanding par. (a) and subject to pars. (c) and,
23(d), and (e), the department may designate an area as an enterprise development
24zone for a project if the department determines all of the following:
SB480, s. 66 25Section 66. 560.797 (2) (e) of the statutes is created to read:
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