Amendment SA1-AB40

AB40-SA1,9,10 (a) A description of each program.

AB40-SA1,9,12 (b) Quantifiable performance measures directly related to the purpose of the program including, when applicable, all of the following information:

AB40-SA1,9,14 1. An accounting of the location, by municipality, of each job created or retained in the state in the previous fiscal year as a result of the program.

AB40-SA1,9,16 2. An accounting of the industry classification, by municipality, of each job created or retained in the state in the previous fiscal year as a result of the program.

AB40-SA1,9,17 (c) A comparison of expected and actual program outcomes.

AB40-SA1,9,18 (d) The number of grants made under the program in the previous fiscal year.

AB40-SA1,9,19 (e) The number of loans made under the program in the previous fiscal year.

AB40-SA1,9,21 (f) The amount of tax benefits allocated and verified under the program in the previous fiscal year.

AB40-SA1,9,23 (g) The amount of each grant and loan made under the program in the previous fiscal year.

AB40-SA1,9,25 (h) The recipient of each grant or loan made under the program in the previous fiscal year.

AB40-SA1,10,2 (i) The recipients of tax benefits allocated and verified under the program in the previous fiscal year.

AB40-SA1,10,4 (j) The sum total of all grants and loans awarded to and received by each recipient under the program in the previous fiscal year.".

AB40-SA1,10,5 34. Page 1173, line 3: after that line insert:

AB40-SA1,10,6 " Section 2859p. 238.03 (5) of the statutes is created to read:

AB40-SA1,10,11 238.03 (5) No later than January 1, 2012, the board shall establish and implement economic development programs that are substantially similar to the economic development programs administered by the department of commerce. Once the board has established and implemented these programs, the board may not alter or eliminate the programs unless directed to do so by law.

AB40-SA1, s. 2859r Section 2859r. 238.03 (6) of the statutes is created to read:

AB40-SA1,10,17 238.03 (6) No later than January 1, 2012, the board shall identify all economic development programs at the department of commerce that require a change in law for the board to establish and implement and shall submit a report to the chief clerks of the legislature, for distribution to the legislature under s. 13.172 (2), containing proposed legislation to allow the board to establish and implement the programs.".

AB40-SA1,10,18 35. Page 1173, line 3: after that line insert:

AB40-SA1,10,20 " Section 2859mb. 238.03 (2) (intro.) of the statutes, as created by 2011 Wisconsin Act 7, is amended to read:

AB40-SA1,10,22 238.03 (2) (intro.) For each program developed and implemented by the board under sub. (1), the board shall do all of the following:

AB40-SA1, s. 2859mc Section 2859mc. 238.03 (3) (intro.) of the statutes, as created by 2011 Wisconsin Act 7, is amended to read:

AB40-SA1,11,2 238.03 (3) (intro.) The board shall require for each program developed and implemented by the board under sub. (1) all of the following:

AB40-SA1, s. 2859me Section 2859me. 238.03 (3m) of the statutes is created to read:

AB40-SA1,11,6 238.03 (3m) The board shall develop and implement a program to identify and respond to potential retention problems for companies doing business in Wisconsin. The program shall include all of the following:

AB40-SA1,11,9 (a) Identification of the top 300 companies doing business in this state based on a company's number of employees, capital investment in this state, and overall economic impact on this state.

AB40-SA1,11,12 (b) A business retention strategy that targets industries and industry clusters based on the collection and analysis of data related to the economic viability of the companies identified in par. (a).

AB40-SA1,11,15 (c) Development and implementation of an early detection and response system to potential retention problems that includes annual visits to the companies identified under par. (a).

AB40-SA1,11,18 (d) Creation of a database that includes business retention case histories, best practices, and retention specialists, and other information that is useful to identify and respond to retention challenges, as determined by the board.".

AB40-SA1,11,19 36. Page 1175, line 20: after that line insert:

AB40-SA1,11,20 " Section 2864m. 238.27 of the statutes is created to read:

AB40-SA1,12,2 238.27 Wisconsin growth initiative. The corporation shall implement a program to issue bonds and notes to raise capital for investment in Wisconsin businesses on behalf of the corporation by up to 10 venture capital funds. The program may not raise more than a total of $100,000,000, and may not raise funds after December 31, 2016. The corporation shall provide the capital raised under the program to venture capital funds that agree to do all of the following:

AB40-SA1,12,4 (1) Invest the capital on behalf of the corporation in Wisconsin businesses in various industry sectors and in different stages of development.

AB40-SA1,12,7 (2) Require a business in which the capital is to be invested to raise funds from sources other than the state or the corporation in an amount equal to 4 times the amount of capital to be invested on behalf of the corporation.

AB40-SA1,12,8 (3) Maintain offices, staff, and investment in this state.".

AB40-SA1,12,9 37. Page 1176, line 3: after that line insert:

AB40-SA1,12,11 " Section 2865g. Subchapter III (title) of chapter 238 [precedes 238.40] of the statutes is created to read:

AB40-SA1,12,12 chapter 238

AB40-SA1,12,14 subchapter III wisconsin development fund

AB40-SA1, s. 2865r Section 2865r. Subchapter IV (title) of chapter 238 [precedes 238.50] of the statutes is created to read:".

AB40-SA1,12,17 chapter 238

AB40-SA1,12,19 subchapter IV regulatory assistance to businesses

AB40-SA1, s. 2865s Section 2865s. Subchapter V (title) of chapter 238 [precedes 238.60] of the statutes is created to read:

AB40-SA1,12,22 chapter 238

AB40-SA1,12,24 subchapter V wisconsin development fund

AB40-SA1,13,1 38. Page 1307, line 12: delete that line and substitute:

AB40-SA1,13,3 " Section 3340m. 560.128 of the statutes is renumbered 238.2995 and 238.2995 (1) (intro.) and (2) (intro.), as renumbered, are amended to read:

AB40-SA1,13,6 238.2995 (1) (intro.) From the appropriations under s. 20.143 (1) (c), (gm), (hr), (ie), (m), (mr), and (n), the department The corporation may make a loan to a manufacturing business in this state to do any of the following:

AB40-SA1,13,8 (2) (intro.) The department corporation shall promulgate rules establishing establish eligibility criteria that do all of the following:".

AB40-SA1,13,9 39. Page 1308, line 18: delete that line and substitute:

AB40-SA1,13,11 " Section 3354m. 560.203 of the statutes is renumbered 238.23 and amended to read:

AB40-SA1,13,23 238.23 Targeted microloans. The department corporation shall create a pilot program for making microloans from the appropriation under s. 20.143 (1) (c) at nominal interest rates for the creation of new businesses. The department corporation shall designate 2 areas of the state, one urban and one rural, that are affected by high unemployment. Only residents of the areas designated by the department corporation are eligible for loans under this section, and the amount of a loan under this section may not exceed $25,000. The department corporation shall, through a competitive process, select a Wisconsin nonprofit finance corporation to administer the pilot program. The department corporation shall partner with federal, state, regional, and local economic development entities to provide business training for applicants and borrowers under this section. The department corporation may not make a loan under this section after July 31, 2013.".

AB40-SA1,13,24 40. Page 1319, line 12: delete that line and substitute:

AB40-SA1,14,1 " Section 3376c. 560.27 (1) (a) of the statutes is repealed.

AB40-SA1, s. 3376d Section 3376d. 560.27 (1) (b) of the statutes is repealed.

AB40-SA1, s. 3376e Section 3376e. 560.27 (1) (c) of the statutes is renumbered 238.03 (7) and amended to read:

AB40-SA1,14,15 238.03 (7) Annually, beginning in fiscal year 2010-11, the department shall award a grant of $100,000 from the appropriation under s. 20.143 (1) (d) to the high-technology business development corporation. The department corporation shall enter into an agreement with the high-technology business development corporation requiring the grant proceeds to be used for employing employ a grant writer to assist businesses to apply for federal small business innovation research grants. The department corporation shall submit annually to the legislature under s. 13.172 (2) a report detailing the number of grant applications assisted by the grant writer, the number of applications assisted by the grant writer that won grants and the total amount of the grants, and the number of any jobs created as a result of the grant writer's activities.

AB40-SA1, s. 3376f Section 3376f. 560.27 (2) of the statutes is repealed.

AB40-SA1, s. 3376g Section 3376g. 560.27 (3) of the statutes is repealed.

AB40-SA1, s. 3376h Section 3376h. 560.27 (4) of the statutes is repealed.

AB40-SA1, s. 3376k Section 3376k. 560.27 (5) of the statutes is repealed.".

AB40-SA1,14,20 41. Page 1319, line 14: delete that line and substitute:

AB40-SA1,14,22 " Section 3378m. 560.276 of the statutes is renumbered 238.235, and 238.235 (1) (a) and (2) (intro.), (a), (b), (c) and (d), as renumbered, are amended to read:

AB40-SA1,15,2 238.235 (1) (a) "Business" has the meaning given in s. 560.60 (2) means a company located in this state, a company which has made a firm commitment to locate a facility in this state or a group of companies at least 80% of which are located in this state.

AB40-SA1,15,10 (2) Grants and loans. (intro.) From the appropriations under s. 20.143 (1) (c), (fi), (ie), (ig), (io), and (kj), the department The corporation may award a grant or loan to a research institution to provide money for research and development activities related to the creation or retention of jobs by a business, or to improving the competitive position of a business by improving the innovativeness of the business. The department corporation may award a grant or loan under this section if the research institution applies for a grant or loan on a form prepared by the department corporation and all of the following are satisfied:

AB40-SA1,15,12 (a) The department corporation determines that the research and development activities are likely to result in an economic benefit to one or more specific businesses.

AB40-SA1,15,14 (b) The department corporation determines that the research and development activities will be conducted substantially in this state.

AB40-SA1,15,16 (c) The department corporation considers the availability of matching funds from the research institution, the business, and other sources.

AB40-SA1,15,19 (d) The department corporation enters into a written agreement with the research institution that specifies the conditions for use of the grant or loan proceeds, including reporting and auditing requirements.".

AB40-SA1,15,20 42. Page 1320, line 15: delete lines 15 to 18 and substitute:

AB40-SA1,15,22 " Section 3391b. 560.41 (1c), (1g), (1n) and (1r) of the statutes are renumbered 238.50 (1), (2), (3) and (4).

AB40-SA1, s. 3391d Section 3391d. 560.41 (1w) of the statutes is repealed.

AB40-SA1, s. 3391f Section 3391f. 560.41 (2) of the statutes is renumbered 238.50 (5).

AB40-SA1, s. 3391h Section 3391h. 560.42 of the statutes is renumbered 238.51 and 238.51 (1m) (intro.) and (a), (2) (a) (intro.), (2m) (intro.), (2r), (3), (4) (a), (b) and (c) and (5), as renumbered, are amended to read:

AB40-SA1,16,5 238.51 (1m) Assistance to businesses. The office corporation shall do all of the following:

AB40-SA1,16,9 (a) Provide assistance with obtaining and maintaining permits and any licenses and approvals necessary for a business to operate in this state. To fulfill the requirements of this paragraph, the office corporation shall do all of the following on behalf of businesses:

AB40-SA1,16,14 (2) (a) (intro.) The office corporation shall assist any person requesting information on which permits are required for a particular business activity or on the application process, including criteria applied in making a determination on a permit application and the time period within which a determination will be made. This assistance may include any of the following:

AB40-SA1,16,17 (2m) Advocacy. (intro.) The office corporation shall provide advocacy services before agencies on behalf of permit applicants. These services shall include all of the following:

AB40-SA1,16,22 (2r) Mediation and dispute resolution services. The office corporation may provide mediation or other dispute resolution services to facilitate the resolution of a dispute between an agency and a person applying for a permit. The provision of mediation or other dispute resolution services under this subsection does not affect any right that the person may have to a contested hearing under ch. 227.

AB40-SA1,17,3 (3) Assistance by office corporation. (a) The office corporation may charge for services provided under this subchapter. Any amount charged for services may not exceed the actual cost of the service provided, unless a specific charge for the service, or method of calculating the charge, is provided by law. All amounts received under this paragraph shall be deposited in the appropriation account under s. 20.143 (1) (gc).

AB40-SA1,17,6 (b) The office corporation may refer to the appropriate agency, without giving further assistance, any person seeking information or assistance on a permit under chs. 186, 215, 217, 220 to 224, 440 to 480 and 600 to 646.

AB40-SA1,17,10 (c) Advice, assistance, mediation or other dispute resolution services or information rendered by the office corporation under this subchapter does not relieve any person from the obligation to secure a required permit or satisfy a regulatory requirement.

AB40-SA1,17,12 (d) The office corporation shall not be liable for any consequences resulting from the failure of an agency to issue, or the failure of a person to seek, a permit.

AB40-SA1,17,15 (4) (a) The office corporation shall maintain and publicize the availability of a toll-free telephone line available to in-state and out-of-state callers to the office corporation.

AB40-SA1,17,18 (b) The office corporation shall seek to explain, promote and publicize its services to the public and shall provide information on its services for inclusion in any public informational material on permits provided by agencies.

AB40-SA1,17,20 (c) The office corporation shall, in its efforts under pars. (a) and (b), clearly represent that its services are advisory, informational and facilitative only.

AB40-SA1,17,25 (5) Staffing and report Report. The office shall be staffed by at least 2 full-time employees of the department. The office corporation shall annually submit to the chief clerk of each house of the legislature for distribution to the appropriate standing committees under s. 13.172 (3) a report on the work of the office corporation under this section.

AB40-SA1, s. 3391j Section 3391j. 560.43 of the statutes is renumbered 238.52 and 238.52 (1) (a), (b), (c) and (g) and (2) (intro.) and (d), as renumbered, are amended to read:

AB40-SA1,18,5 238.52 (1) (a) Designate a staff person to coordinate agency cooperation with office corporation staff, provide information to office corporation staff on the permit process and direct office corporation staff to appropriate staff within the agency.

AB40-SA1,18,8 (b) Cooperate with office corporation staff and respond promptly to requests for assistance in expediting and requests for information on the permit process under s. 560.42 238.51.