Amendment AA7-ASA1-AB641

AB641-ASA1-AA7, s. 43r Section 43r. 560.605 (2m) (intro.) of the statutes is amended to read:

AB641-ASA1-AA7,13,19 560.605 (2m) (intro.) When considering whether a project will be located in a targeted area, the board department may consider any of the following:

AB641-ASA1-AA7, s. 43rm Section 43rm. 560.605 (2m) (h) of the statutes is amended to read:

AB641-ASA1-AA7,13,22 560.605 (2m) (h) Any other factor the board department considers to be an appropriate indicator of a targeted area.

AB641-ASA1-AA7, s. 43rs Section 43rs. 560.605 (7) (intro.) of the statutes is amended to read:

AB641-ASA1-AA7,14,2 560.605 (7) (intro.) The board department shall award not less than 35 percent of the total amount of grants and loans made under this subchapter to businesses in distressed areas. In this paragraph, "distressed area" means an area to which any of the following apply:

AB641-ASA1-AA7, s. 43t Section 43t. 560.605 (7) (f) of the statutes is amended to read:

AB641-ASA1-AA7,14,5 560.605 (7) (f) As determined by the board department, the area is affected by another factor that indicates the area is a distressed area.

AB641-ASA1-AA7, s. 43tm Section 43tm. 560.61 of the statutes is amended to read:

AB641-ASA1-AA7,14,9 560.61 Wisconsin development fund. At the request of the board, the The department may make a grant or loan to an eligible recipient from the appropriations under s. 20.143 (1) (c) and (ie).

AB641-ASA1-AA7, s. 43ts Section 43ts. 560.68 (2) of the statutes is amended to read:

AB641-ASA1-AA7,14,14 560.68 (2) The department, in cooperation with the board, shall actively encourage small businesses to apply for grants and loans under this subchapter by ensuring that there are no undue impediments to their participation and by assisting small businesses in preparing grant and loan applications.

AB641-ASA1-AA7, s. 43u Section 43u. 560.68 (4) of the statutes is amended to read:

AB641-ASA1-AA7,14,21 560.68 (4) The board department shall develop a policy relating to obtaining reimbursement of grants and loans provided under this subchapter. The policy may provide that reimbursement shall be obtained through full repayment of the principal amount of the grant or loan plus interest, through receipt of a share of future profits from or an interest in a product or process, or through any other appropriate means.

AB641-ASA1-AA7, s. 43um Section 43um. 560.68 (5) (intro.) of the statutes is amended to read:

AB641-ASA1-AA7,14,24 560.68 (5) (intro.) The department, with the approval of the board, shall develop procedures related to grants and loans under s. 560.61 for all of the following:

AB641-ASA1-AA7, s. 43v Section 43v. 560.68 (5m) of the statutes is amended to read:

AB641-ASA1-AA7,15,5 560.68 (5m) The department, with the approval of the board, shall establish and implement procedures for monitoring the use of grants and loans awarded under this subchapter, including procedures for verification of economic growth, job creation and the number and percentage of newly created jobs for which state residents are hired.

AB641-ASA1-AA7, s. 43vm Section 43vm. 560.68 (6) of the statutes is amended to read:

AB641-ASA1-AA7,15,9 560.68 (6) The board department shall require, as a condition of a grant or loan, that a recipient contribute to a project an amount that is not less than 25% of the amount of the grant or loan.

AB641-ASA1-AA7, s. 43vs Section 43vs. 560.68 (7) (intro.) of the statutes is amended to read:

AB641-ASA1-AA7,15,15 560.68 (7) (intro.) The department, in cooperation with the board, shall encourage small businesses to apply for grants and loans under this subchapter by ensuring that there are no undue impediments to their participation and by actively encouraging small businesses to apply for grants and loans. The department shall do all of the following:

AB641-ASA1-AA7, s. 43w Section 43w. 560.685 of the statutes is repealed.".

AB641-ASA1-AA7,15,18 13. Page 23, line 16: delete the material beginning with that line and ending with page 24, line 7, and substitute:

AB641-ASA1-AA7,15,19 "(1) Rural outsourcing grants.

AB641-ASA1-AA7,16,9 (a) From the appropriations under section 20.143 (1) (cp), (ie), (ig), (im), and (ir) of the statutes, as affected by this act, the department of commerce may award grants during the 2009-11 fiscal biennium to businesses for outsourcing work to rural municipalities, as defined under section 560.17 (1) (d) of the statutes. The department may award a grant from the appropriation under section 20.143 (1) (cp) of the statutes, as created by this act, only to the extent the unencumbered balances of the appropriations under section 20.143 (1) (ie), (ig), (im), and (ir) of the statutes, as affected by this act, are insufficient to award the grant. The department shall require grantees to obtain funding from sources other than the state in an amount at least equal to the amount of the grant. In determining whether a grantee has obtained sufficient funding from sources other than the state, the department shall credit the grantee's capital expenditures, family supporting wages, rent or other facility costs, electricity costs, equipment leases, and software expenditures. The total amount of grants awarded under this subsection may not exceed $500,000.

AB641-ASA1-AA7,16,17 (b) Not more than 45 days after the effective date of this paragraph, the department of commerce shall promulgate, as emergency rules under section 227.24 of the statutes, rules necessary to administer this subsection. Notwithstanding section 227.24 (1) (a) and (3) of the statutes, the department is not required to provide evidence that promulgating a rule under this subsection as an emergency rule is necessary for the preservation of public peace, health, safety, or welfare and is not required to provide a finding of emergency for a rule promulgated under this subsection.

AB641-ASA1-AA7,17,2 (c) Notwithstanding paragraph (a) if, by the first day of the 12th month beginning after the effective date of the rules promulgated under paragraph (b), the department of commerce has not received applications for grants under this subsection totaling $500,000, the department may spend an amount equal to the difference between the unencumbered balance of the appropriation account under section 20.143 (1) (cp) of the statutes, as created by this act, and the total amount of grants under this subsection for which it has received applications or $250,000, whichever is less, from the appropriation under section 20.143 (1) (cp) of the statutes, as created by this act, for any purpose specified under section 20.143 (1) (c) of the statutes, as affected by this act.".

AB641-ASA1-AA7,17,3 14. Page 25, line 17: after that line insert:

AB641-ASA1-AA7,17,5 "(5m) Required general fund balance. Section 20.003 (4) of the statutes does not apply to the action of the legislature in enacting this act.

AB641-ASA1-AA7,17,8 (6) Reconciliation; loans to manufacturing businesses. If 2009 Wisconsin Act ... (Assembly Bill 904) is not enacted and if 2009 Wisconsin Act ... (Senate Bill 651) is not enacted, Sections 46 (1) (d) and 48 (3) of this act are void.".

AB641-ASA1-AA7,17,11 15. Page 26, line 2: delete lines 2 to 5 and substitute "increased by $500,000 for the second fiscal year of the fiscal biennium in which this paragraph takes effect to increase funding for the purposes for which the appropriation is made.".

AB641-ASA1-AA7,17,12 16. Page 26, line 10: after that line insert:

AB641-ASA1-AA7,17,17 "(c) In the schedule under section 20.005 (3) of the statutes for the appropriation to the department of commerce under section 20.143 (1) (c) of the statutes, as affected by the acts of 2009, the dollar amount is increased by $2,000,000 for the second fiscal year of the fiscal biennium in which this paragraph takes effect to provide funding for grants under Section 45 (3) of this act.

AB641-ASA1-AA7,18,2 (d) In the schedule under section 20.005 (3) of the statutes for the appropriation to the department of commerce under section 20.143 (1) (c) of the statutes, as affected by the acts of 2010, the dollar amount is increased by an amount equal to the difference between $2,000,000 and the total amount of grants awarded under Section 45 (3) of this act as of June 30, 2011, to provide funding for loans to manufacturing businesses for implementing energy efficiency measures in their facilities, for retooling to manufacture products that support the green economy, for expanding or establishing domestic clean energy manufacturing, or for creating jobs or retaining workers engaged in the preceding activities.".

AB641-ASA1-AA7,18,4 17. Page 26, line 18: delete the material beginning with that line and ending with page 27, line 2.

AB641-ASA1-AA7,18,6 18. Page 27, line 9: delete "Regulatory ombudsman center" and substitute "Office of regulatory assistance".

AB641-ASA1-AA7,18,8 19. Page 27, line 13: after "positions" insert "in the department by 1.0 GPR position".

AB641-ASA1-AA7,18,10 20. Page 27, line 13: after "for the" insert "purpose of performing the responsibilities assigned to the office of".

AB641-ASA1-AA7,18,12 21. Page 27, line 14: delete "ombudsman center by 1.0 GPR position" and substitute "assistance under this act".

AB641-ASA1-AA7,18,13 22. Page 27, line 14: after that line insert:

AB641-ASA1-AA7,18,21 "(6) Small business ombudsman and office of regulatory assistance funding. In the schedule under section 20.005 (3) of the statutes for the appropriation to the department of commerce under section 20.143 (1) (a) of the statutes, as affected by the acts of 2009, the dollar amount is increased by $75,000 for the second fiscal year of the fiscal biennium in which this subsection takes effect to provide supplemental funding so that a previously-authorized 1.0 FTE GPR small business ombudsman position is funded for a full year for the purpose of performing the responsibilities assigned to the office of regulatory assistance under this act.".

AB641-ASA1-AA7,18,22 23. Page 28, line 2: after that line insert:

AB641-ASA1-AA7,19,2 "(2m) Rural outsourcing grants. The repeal of section 20.143 (1) (cp) of the statutes takes effect on June 30, 2011.".

AB641-ASA1-AA7,19,3 24. Page 28, line 3: before that line insert:

AB641-ASA1-AA7,19,5 "(3) Loans to manufacturing businesses. Section 46 (1) (d) of this act takes effect on the 2nd day after publication of 2011-13 biennial budget act.".

AB641-ASA1-AA7,19,6 (End)