SB6-SSA2,21,99 2. Withhold future payments to be made to the recipient.
SB6-SSA2,21,1010 3. Impose a financial penalty on the recipient.
SB6-SSA2,21,13 11238.04 Powers of board. The board shall have all the powers necessary or
12convenient to carry out the purposes and provisions of this chapter. In addition to
13all other powers granted the board under this chapter, the board may specifically:
SB6-SSA2,21,15 14(1) Adopt, amend, and repeal any bylaws, policies, and procedures for the
15regulation of its affairs and the conduct of its business.
SB6-SSA2,21,16 16(2) Have a seal and alter the seal at pleasure.
SB6-SSA2,21,17 17(3) Maintain an office.
SB6-SSA2,21,18 18(4) Sue and be sued.
SB6-SSA2,21,20 19(5) Accept gifts, grants, loans, or other contributions from private or public
20sources.
SB6-SSA2,21,22 21(6) Establish the corporation's annual budget and monitor the fiscal
22management of the corporation.
SB6-SSA2,21,24 23(7) Execute contracts and other instruments required for the operation of the
24corporation.
SB6-SSA2,22,2
1(8) Employ any officers, agents, and employees that it may require and
2determine their qualifications, duties, and compensation.
SB6-SSA2,22,3 3(9) Issue notes, bonds, and any other obligations.
SB6-SSA2,22,4 4(10) Make loans and provide grants.
SB6-SSA2,22,5 5(11) Incur debt.
SB6-SSA2,22,6 6(12) Procure liability insurance.
SB6-SSA2,22,8 7(13) Elect to become a participating employer in the Wisconsin Retirement
8System under s. 40.21 (1).
SB6-SSA2,22,12 9238.05 Department of commerce assistance and coordination. (1) If
10requested by the board, the department of commerce shall provide staff or other
11resources to assist the board in carrying out the purposes and provisions of this
12chapter.
SB6-SSA2,22,14 13(2) To the greatest extent practicable, the department of commerce and the
14board shall seek to coordinate their economic development programs.
SB6-SSA2,22,18 15238.06 Liability limited. Neither the state nor any political subdivision of
16the state, nor any officer, employee, or agent of the state or a political subdivision of
17the state who is acting within the scope of employment or agency, is liable for any
18debt, obligation, act, or omission of the corporation.
SB6-SSA2,22,23 19238.07 Submission of annual reports to legislature. (1) Annually, by
20January 1, the board shall submit to the chief clerk of each house of the legislature,
21for distribution to the legislature under s. 13.172 (2), a report identifying the
22economic development projects that the board intends to develop and implement
23during the current calendar year.
SB6-SSA2,23,3 24(2) Annually, no later than October l, the board shall submit to the joint
25legislative audit committee and the chief clerk of each house of the legislature, for

1distribution to the legislature under s. 13.172 (2), a report for the previous fiscal year
2on each of the economic development programs of the corporation that contains all
3of the following:
SB6-SSA2,23,44 (a) A description of each program.
SB6-SSA2,23,55 (b) A comparison of expected and actual program outcomes.
SB6-SSA2,23,66 (c) The number of grants made under the program.
SB6-SSA2,23,77 (d) The number of loans made under the program.
SB6-SSA2,23,88 (e) The amount of each grant and loan made under the program.
SB6-SSA2,23,99 (f) The recipient of each grant or loan made under the program.
SB6-SSA2,23,1110 (g) The sum total of all grants and loans awarded to and received by each
11recipient under the program.
SB6-SSA2,23,1212 (h) Any recommended changes to the program.
SB6-SSA2,23,14 13(3) The board shall make readily accessible to the public on an Internet-based
14system the information required under sub. (2).
SB6-SSA2, s. 47 15Section 47. 281.75 (4) (b) 3. of the statutes is amended to read:
SB6-SSA2,23,1716 281.75 (4) (b) 3. An authority created under subch. II of ch. 114 or ch. 52, 231,
17233, 234, or 237, or 238.
SB6-SSA2, s. 48 18Section 48. 285.59 (1) (b) of the statutes is amended to read:
SB6-SSA2,24,319 285.59 (1) (b) "State agency" means any office, department, agency, institution
20of higher education, association, society, or other body in state government created
21or authorized to be created by the constitution or any law which is entitled to expend
22moneys appropriated by law, including the legislature and the courts, the Wisconsin
23Housing and Economic Development Authority, the Bradley Center Sports and
24Entertainment Corporation, the University of Wisconsin Hospitals and Clinics
25Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace

1Authority, the Wisconsin Quality Home Care Authority, the Wisconsin Economic
2Development Corporation,
and the Wisconsin Health and Educational Facilities
3Authority.
SB6-SSA2, s. 9455 4Section 9455. Effective dates; Other.
SB6-SSA2,24,6 5(1) Dual employment. The treatment of section 16.417 (1) (a) (by Section 20 )
6and (b) of the statutes takes effect on January 1, 2012.
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