SB27-SSA1, s. 2169
7Section
2169. 560.097 of the statutes is renumbered 238.125 and amended to
8read:
SB27-SSA1,1336,11
9238.125 Notification of position openings; compliance. The
department 10corporation shall monitor compliance with the position-opening notification
11requirements under ss. 66.1103 (6m) and 106.16.
SB27-SSA1, s. 3334b
12Section 3334b. 560.11 of the statutes is renumbered 285.795, and 285.795 (1)
13(a) and (2), as renumbered, are amended to read:
SB27-SSA1,1336,1914
285.795
(1) (a) Advise the department
of natural resources concerning the
15effectiveness of the small business stationary source technical and environmental
16compliance assistance program under s. 285.79, difficulties encountered by small
17business stationary sources, as defined in s. 285.79 (1), in complying with s. 299.15
18and ch. 285 and the degree and severity of enforcement of s. 299.15 and ch. 285
19against small business stationary sources.
SB27-SSA1,1336,25
20(2) The employees of
the department of commerce who staff the small business
21ombudsman clearinghouse under s. 560.03 (9) and the employees of the department
22of natural resources who staff the small business stationary source technical and
23environmental compliance assistance program under s. 285.79 shall provide the
24small business environmental council with the assistance necessary to comply with
25sub. (1).
SB27-SSA1, s. 2170
1Section
2170. 560.125 (title) and (1) to (3) of the statutes are renumbered
2101.45 (title) and (1) to (3).
SB27-SSA1, s. 2171
3Section
2171. 560.125 (4) (a) to (e) of the statutes are renumbered 101.45 (4)
4(a) to (e), and 101.45 (4) (d), as renumbered, is amended to read:
SB27-SSA1,1337,75
101.45
(4) (d) In any fiscal year, the department may not pay to any one
6applicant more than 20 percent of the amount appropriated under s.
20.143 (3) 720.165 (2) (sm) for the fiscal year.
SB27-SSA1, s. 2173
9Section
2173. 560.125 (5) to (6) of the statutes are renumbered 101.45 (5) to
10(6).
SB27-SSA1, s. 2176
13Section
2176. 560.13 (1), (2), (3), (5) and (6m) of the statutes are renumbered
14238.13 (1), (2), (3), (5) and (6m), and 238.13 (2) (a) (intro.) and (b) 1., (3) (intro.) and
15(f) and (5), as renumbered, are amended to read:
SB27-SSA1,1337,1816
238.13
(2) (a) (intro.)
Subject to subs. (4) and (5), from the appropriation under
17s. 20.143 (1) (qm) the department The corporation may make a grant to a person if
18all of the following apply:
SB27-SSA1,1337,2219
(b) 1. The contribution required under par. (a) 3. may be in cash or in-kind.
20Cash contributions may be of private or public funds
, excluding funds obtained under
21the program under s. 560.17 or under any program under subch. II or V of this
22chapter. In-kind contributions shall be limited to actual remediation services.
SB27-SSA1,1337,24
23(3) (intro.) The
department corporation may consider the following criteria in
24making awards under this section:
SB27-SSA1,1338,2
1(f) Any other factors considered by the
department corporation to be relevant
2to assessing the viability and feasibility of the project.
SB27-SSA1,1338,5
3(5) Before the
department corporation awards a grant under this section, the
4department corporation shall consider the recommendations of the department of
5administration and the department of natural resources.
SB27-SSA1, s. 3355g
19Section 3355g. 560.204 (title), (1), (2) and (4) of the statutes are renumbered
2073.15 (title), (1), (2) and (3), and 73.15 (1), (2) and (3), as renumbered, are amended
21to read:
SB27-SSA1,1338,2422
73.15
(1) The department
of revenue shall implement a program to certify
23health care providers as eligible for the electronic medical records credit under ss.
2471.07 (5i), 71.28 (5i), and 71.47 (5i).
SB27-SSA1,1339,4
1(2) If the department
of revenue certifies a health care provider under sub. (1),
2the department shall determine the amount of credits to allocate to the health care
3provider. The total amount of electronic medical records credits allocated to health
4care providers in any year may not exceed $10,000,000.
SB27-SSA1,1339,6
5(3) The
department, in consultation with the department of revenue
, shall
6promulgate rules to administer this section.
SB27-SSA1, s. 2190
8Section
2190. 560.205 of the statutes is renumbered 238.15, and 238.15 (1)
9(intro.), (2) and (3) (a), (b), (d) (intro.), 1., 2. a. and b. and (e), as renumbered, are
10amended to read:
SB27-SSA1,1339,2011
238.15
(1) Angel investment tax credits. (intro.) The
department corporation 12shall implement a program to certify businesses for purposes of s. 71.07 (5d). A
13business desiring certification shall submit an application to the
department 14corporation in each taxable year for which the business desires certification. The
15business shall specify in its application the investment amount it wishes to raise and
16the
department corporation may certify the business and determine the amount that
17qualifies for purposes of s. 71.07 (5d).
Unless otherwise provided under the rules of
18the department, a A business may be certified under this subsection, and may
19maintain such certification, only if the business satisfies all of the following
20conditions:
SB27-SSA1,1340,9
21(2) Early stage seed investment tax credits. The
department corporation 22shall implement a program to certify investment fund managers for purposes of ss.
2371.07 (5b), 71.28 (5b), 71.47 (5b), and 76.638. An investment fund manager desiring
24certification shall submit an application to the
department corporation. The
25investment fund manager shall specify in the application the investment amount
1that the manager wishes to raise and the
department corporation may certify the
2manager and determine the amount that qualifies for purposes of ss. 71.07 (5b),
371.28 (5b), 71.47 (5b), and 76.638. In determining whether to certify an investment
4fund manager, the
department corporation shall consider the investment fund
5manager's experience in managing venture capital funds, the past performance of
6investment funds managed by the applicant, the expected level of investment in the
7investment fund to be managed by the applicant, and any other relevant factors. The
8department corporation may certify only investment fund managers that commit to
9consider placing investments in businesses certified under sub. (1).
SB27-SSA1,1340,13
10(3) (a)
List of certified businesses and investment fund managers. The
11department corporation shall maintain a list of businesses certified under sub. (1)
12and investment fund managers certified under sub. (2) and shall permit public access
13to the lists through the
department's corporation's Internet Web site.
SB27-SSA1,1340,1714
(b)
Notification of department of revenue. The
department of commerce 15corporation shall notify the department of revenue of every certification issued under
16sub. subs. (1) and (2) and the date on which any such certification is revoked or
17expires.
SB27-SSA1,1341,1918
(d)
Rules. (intro.) The
department of commerce corporation, in consultation
19with the department of revenue, shall
promulgate
adopt rules to administer this
20section. The rules shall further define "bona fide angel investment" for purposes of
21s. 71.07 (5d) (a) 1. The rules shall limit the aggregate amount of tax credits under
22s. 71.07 (5d) that may be claimed for investments in businesses certified under sub.
23(1) at $3,000,000 per calendar year for calendar years beginning after December 31,
242004, and before January 1, 2008, $5,500,000 per calendar year for calendar years
25beginning after December 31, 2007, and before January 1, 2010, $6,500,000 for
1calendar year 2010, and $20,000,000 per calendar year for calendar years beginning
2after December 31, 2010, plus, for taxable years beginning after December 31, 2010,
3an additional $250,000 for tax credits that may be claimed for investments in
4nanotechnology businesses certified under sub. (1). The rules shall also limit the
5aggregate amount of the tax credits under ss. 71.07 (5b), 71.28 (5b), 71.47 (5b), and
676.638 that may be claimed for investments paid to fund managers certified under
7sub. (2) at $3,500,000 per calendar year for calendar years beginning after December
831, 2004, and before January 1, 2008, $6,000,000 per calendar year for calendar
9years beginning after December 31, 2007, and before January 1, 2010, $8,000,000 for
10calendar year 2010, and $20,500,000 per calendar year for calendar years beginning
11after December 31, 2010, plus, for taxable years beginning after December 31, 2010,
12an additional $250,000 for tax credits that may be claimed for investments in
13nanotechnology businesses certified under sub. (1). The rules shall also provide that,
14for calendar years beginning after December 31, 2007, no person may receive a credit
15under ss. 71.07 (5b) and (5d), 71.28 (5b), 71.47 (5b), or 76.638 unless the person's
16investment is kept in a certified business, or with a certified fund manager, for no less
17than 3 years. The rules shall permit the
department
corporation to reallocate credits
18under this section that are unused in any calendar year to a person eligible for tax
19benefits, as defined under s.
560.2055 238.16 (1) (d), if all of the following apply:
SB27-SSA1,1341,2120
1. The
department corporation notifies the joint committee on finance in
21writing of its proposed reallocation.
SB27-SSA1,1341,2522
2. a. The cochairpersons of the joint committee on finance fail to notify the
23department corporation, within 14 working days after the date of the
department's 24corporation's notification under subd. 1., that the committee has scheduled a meeting
25for the purpose of reviewing the proposed reallocation.
SB27-SSA1,1342,2
1b. The cochairpersons of the joint committee on finance notify the
department 2corporation that the committee has approved the proposed reallocation.
SB27-SSA1,1342,143
(e)
Transfer. A person who is eligible to claim a credit under s. 71.07 (5b), 71.28
4(5b), 71.47 (5b), or 76.638 may sell or otherwise transfer the credit to another person
5who is subject to the taxes or fees imposed under s. 71.02, 71.23, 71.47, or subch. III
6of ch. 76, if the person receives prior authorization from the investment fund
7manager and the manager then notifies the
department of commerce corporation 8and the department of revenue of the transfer and submits with the notification a
9copy of the transfer documents. No person may sell or otherwise transfer a credit as
10provided in this paragraph more than once in a 12-month period. The
department 11corporation may charge any person selling or otherwise transferring a credit under
12this paragraph a fee equal to 1 percent of the credit amount sold or transferred.
The
13department shall deposit all fees collected under this paragraph in the appropriation
14account under s. 20.143 (1) (gm).
SB27-SSA1, s. 2191
15Section
2191. 560.2055 (title) and (1) of the statutes are renumbered 238.16
16(title) and (1).
SB27-SSA1, s. 2192
17Section
2192. 560.2055 (2) of the statutes is renumbered 238.16 (2), and
18238.16 (2) (intro.) and (b), as renumbered, are amended to read:
SB27-SSA1,1342,2019
238.16
(2) (intro.) The
department
corporation may certify a person to receive
20tax benefits under this section if all of the following apply:
SB27-SSA1,1342,2221
(b) The person applies under this section and enters into a contract with the
22department corporation.
SB27-SSA1, s. 3359m
23Section 3359m. 560.2055 (3) of the statutes is renumbered 238.16 (3), and
24238.16 (3) (intro.), (a) and (b) of the statutes, as renumbered, are amended to read:
SB27-SSA1,1343,4
1238.16
(3) Eligibility for tax benefits. (intro.) A person certified under sub.
2(2) may receive tax benefits under this section if, in each year for which the person
3claims tax benefits under this section, the person increases net employment in the
4person's business
, and one of the following
apply applies:
SB27-SSA1,1343,75
(a) In a tier I county or municipality, an eligible employee for whom the person
6claims a tax credit will earn at least $20,000
but not more than $100,000 in wages
7from the person in the year for which the credit is claimed.
SB27-SSA1,1343,108
(b) In a tier II county or municipality, an eligible employee for whom the person
9claims a tax credit will earn at least $30,000
but not more than $100,000 in wages
10from the person in the year for which the credit is claimed.
SB27-SSA1, s. 2193
11Section
2193. 560.2055 (4) (title) and (a) of the statutes are renumbered
12238.16 (4) (title) and (a).
SB27-SSA1, s. 3363m
13Section 3363m. 560.2055 (4) (b) 1. of the statutes is renumbered 238.16 (4) (b)
141. and amended to read:
SB27-SSA1,1343,1915
238.16
(4) (b) 1. The
department
corporation may award to a person certified
16under sub. (2) tax benefits for each eligible employee in an amount equal to
up to 10
17percent of the wages paid by the person to that employee
or $10,000, whichever is
18less, if that employee earned wages in the year for which the tax benefit is claimed
19equal to one of the following:
SB27-SSA1,1343,2120
a. In a tier I county or municipality, at least $20,000
but not more than
21$100,000.
SB27-SSA1,1343,2322
b. In a tier II county or municipality, at least $30,000
but not more than
23$100,000.
SB27-SSA1, s. 2194
24Section
2194. 560.2055 (4) (b) 2. and (c) of the statutes are renumbered 238.16
25(4) (b) 2. and (c) and amended to read:
SB27-SSA1,1344,4
1238.16
(4) (b) 2. The
department corporation may award to a person certified
2under sub. (2) tax benefits in an amount to be determined by the
department by rule 3corporation for costs incurred by the person to undertake the training activities
4described in sub. (3) (c).
SB27-SSA1,1344,75
(c) Subject to a reallocation by the
department
corporation pursuant to rules
6promulgated adopted under s.
560.205 238.215 (3) (d), the
department corporation 7may allocate up to $5,000,000 in tax benefits under this section in any calendar year.
SB27-SSA1, s. 2195
8Section
2195. 560.2055 (5) of the statutes is renumbered 238.16 (5), and
9238.16 (5) (title), (a), (b), (c), (d), (e) and (f) (intro.) and 1. (intro.), as renumbered, are
10amended to read:
SB27-SSA1,1344,1311
238.16
(5) (title)
Duties of the department corporation. (a) The
department
12of commerce corporation shall notify the department of revenue when the
13department of commerce corporation certifies a person to receive tax benefits.
SB27-SSA1,1344,1514
(b) The
department of commerce corporation shall notify the department of
15revenue within 30 days of revoking a certification made under sub. (2).
SB27-SSA1,1344,1816
(c) The
department corporation may require a person to repay any tax benefits
17the person claims for a year in which the person failed to maintain employment
18required by an agreement under sub. (2) (b).
SB27-SSA1,1344,2119
(d) The
department corporation shall determine the maximum amount of the
20tax credits under ss. 71.07 (3q), 71.28 (3q), and 71.47 (3q) that a certified business
21may claim and shall notify the department of revenue of this amount.
SB27-SSA1,1344,2422
(e) The
department corporation shall annually verify the information
23submitted to the
department corporation by the person claiming tax benefits under
24ss. 71.07 (3q), 71.28 (3q), and 71.47 (3q).
SB27-SSA1,1345,3
1(f) (intro.) The
department corporation shall
promulgate adopt rules for the
2implementation and operation of this section, including rules relating to the
3following:
SB27-SSA1,1345,64
1. (intro.) The definitions of a tier I county or municipality and a tier II county
5or municipality. The
department corporation may consider all of the following
6information when establishing the definitions required under this subdivision:
SB27-SSA1, s. 2196
7Section
2196. 560.2056 of the statutes is renumbered 93.54 and amended to
8read:
SB27-SSA1,1345,12
993.54 Food processing plant and food warehouse investment credit. 10(1) The department
of commerce shall implement a program to certify taxpayers as
11eligible for the food processing plant and food warehouse investment credit under ss.
1271.07 (3rn), 71.28 (3rn), and 71.47 (3rn).
SB27-SSA1,1345,19
13(2) If the department
of commerce certifies a taxpayer under sub. (1), the
14department
of commerce shall determine the amount of credits to allocate to that
15taxpayer. The total amount of food processing plant and food warehouse investment
16credits allocated to taxpayers in fiscal year 2009-10 may not exceed $600,000 and
17the total amount of food processing plant and food warehouse investment credits
18allocated to taxpayers in fiscal year 2010-11, and in each fiscal year thereafter, may
19not exceed $700,000.
SB27-SSA1,1345,22
20(3) The department
of commerce shall inform the department of revenue of
21every taxpayer certified under sub. (1) and the amount of credits allocated to the
22taxpayer.
SB27-SSA1,1345,24
23(4) The department
of commerce, in consultation with the department of
24revenue, shall promulgate rules to administer this section.
SB27-SSA1, s. 2197
1Section
2197. 560.206 of the statutes is renumbered 41.155, and 41.155 (4),
2as renumbered, is amended to read:
SB27-SSA1,1346,43
41.155
(4) The department of
commerce
tourism, in consultation with the
4department of revenue, shall promulgate rules to administer this section.
SB27-SSA1, s. 2198
5Section
2198. 560.207 of the statutes is renumbered 93.535 and amended to
6read:
SB27-SSA1,1346,11
793.535 Dairy manufacturing facility investment credit. (1) The
8department
of commerce shall implement a program to certify taxpayers, including
9taxpayers who are members of dairy cooperatives, as eligible for the dairy
10manufacturing facility investment credit under ss. 71.07 (3p), 71.28 (3p), and 71.47
11(3p).
SB27-SSA1,1346,23
12(2) If the department
of commerce certifies a taxpayer under sub. (1), the
13department
of commerce shall determine the amount of credits to allocate to that
14taxpayer. The total amount of dairy manufacturing facility investment credits
15allocated to taxpayers in fiscal year 2007-08 may not exceed $600,000 and the total
16amount of dairy manufacturing facility investment credits allocated to taxpayers
17who are not members of dairy cooperatives in fiscal year 2008-09, and in each fiscal
18year thereafter, may not exceed $700,000. The total amount of dairy manufacturing
19facility investment credits allocated to taxpayers who are members of dairy
20cooperatives in fiscal year 2009-10 may not exceed $600,000 and the total amount
21of dairy manufacturing facility investment credits allocated to taxpayers who are
22members of dairy cooperatives in fiscal year 2010-11, and in each fiscal year
23thereafter, may not exceed $700,000.
SB27-SSA1,1347,3
1(3) The department
of commerce shall inform the department of revenue of
2every taxpayer certified under sub. (1) and the amount of credits allocated to the
3taxpayer.
SB27-SSA1,1347,5
4(4) The department
of commerce, in consultation with the department of
5revenue, shall promulgate rules to administer this section.
SB27-SSA1, s. 2199
6Section
2199. 560.208 of the statutes is renumbered 93.545 and amended to
7read:
SB27-SSA1,1347,10
893.545 Meat processing facility investment credit. (1) The department
9of commerce shall implement a program to certify taxpayers as eligible for the meat
10processing facility investment credit under ss. 71.07 (3r), 71.28 (3r), and 71.47 (3r).
SB27-SSA1,1347,16
11(2) If the department
of commerce certifies a taxpayer under sub. (1), the
12department
of commerce shall determine the amount of credits to allocate to that
13taxpayer. The total amount of meat processing facility investment credits allocated
14to taxpayers in fiscal year 2009-10 may not exceed $300,000 and the total amount
15of meat processing facility investment credits allocated to taxpayers in fiscal year
162010-11, and in each fiscal year thereafter, may not exceed $700,000.
SB27-SSA1,1347,19
17(3) The department
of commerce shall inform the department of revenue of
18every taxpayer certified under sub. (1) and the amount of credits allocated to the
19taxpayer.
SB27-SSA1,1347,21
20(4) The department
of commerce, in consultation with the department of
21revenue, shall promulgate rules to administer this section.
SB27-SSA1, s. 2200
22Section
2200. 560.2085 of the statutes is renumbered 238.20, and 238.20 (1)
23(intro.), (2) and (3), as renumbered, are amended to read:
SB27-SSA1,1348,424
238.20
(1) (intro.) The
department
corporation shall implement a program to
25certify qualified new business ventures for purposes of s. 71.05 (24). A business
1desiring certification shall submit an application to the
department corporation in
2each taxable year for which the business desires certification. Subject to sub. (2), a
3business may be certified under this subsection, and may maintain such
4certification, only if the business is engaged in one of the following: