Date of enactment: June 10, 2011
2011 Assembly Bill 2 Date of publication*: June 24, 2011
* Section 991.11, Wisconsin Statutes 2009-10 : Effective date of acts. "Every act and every portion of an act enacted by the legislature over the governor's partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication as designated" by the secretary of state [the date of publication may not be more than 10 working days after the date of enactment].
An Act to amend 560.799 (3) (a) and 560.799 (5) (d) (intro.); and to create 560.799 (3) (d) of the statutes; relating to: authorizing the designation of additional enterprise zones and requiring the designation of enterprise zones in rural areas.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
26,1 Section 1. 560.799 (3) (a) of the statutes is amended to read:
560.799 (3) (a) The department may designate not more than 12 20 enterprise zones.
26,2 Section 2. 560.799 (3) (d) of the statutes is created to read:
560.799 (3) (d) Notwithstanding pars. (b) and (c), the department shall designate as enterprise zones at least 3 areas comprising political subdivisions whose populations total less than 5,000 and at least 2 areas comprising political subdivisions whose populations total 5,000 or more but less than 30,000. In designating an enterprise zone under this paragraph, the department may consider indicators of an area's economic need and the effect of designation on other economic development activities.
26,3 Section 3. 560.799 (5) (d) (intro.) of the statutes is amended to read:
560.799 (5) (d) (intro.) A business that retains jobs in an enterprise zone, but only if the business makes a significant capital investment in property located in the enterprise zone and, unless the property is located in an enterprise zone designated under sub. (3) (d), at least one of the following applies: