AB40-ASA1,1099,2318 231.05 (1) By means of this chapter, it is the intent of the legislature to provide
19assistance and alternative methods of financing to nonprofit health institutions
20entities to aid them in providing needed health services consistent with the state's
21health plan, to nonprofit educational institutions to aid them in providing needed
22educational services, and to nonprofit research institutions to aid them in providing
23needed research facilities, and other needed services and facilities in this state.
AB40-ASA1,2045 24Section 2045. 231.06 of the statutes is amended to read:
AB40-ASA1,1100,10
1231.06 Property acquisition. The authority may acquire, directly or by and
2through a participating health institution, participating educational institution,
3participating nonprofit institution, or participating research institution as its agent,
4by purchase or by gift or devise, such lands, structures, property, rights,
5rights-of-way, franchises, easements, and other interests in lands, including lands
6lying under water and riparian rights, as it deems necessary or convenient for the
7construction or operation of a project, upon such terms and at such prices as it
8considers reasonable and can be agreed upon between it and the owner thereof, and
9take title thereto in the name of the authority or in the name of a health facility,
10educational facility, nonprofit facility, or research facility as its agent.
AB40-ASA1,2046 11Section 2046. 231.07 (1) (b) of the statutes is amended to read:
AB40-ASA1,1100,1712 231.07 (1) (b) Convey to the participating health institution, participating
13educational institution, participating nonprofit institution, or participating
14research institution the authority's interest in the project and in any other health
15facility, educational facility, nonprofit facility, or research facility leased, mortgaged,
16or subject to a deed of trust or any other form of security arrangement to secure the
17bond.
AB40-ASA1,2047 18Section 2047. 231.07 (2) (a) of the statutes is amended to read:
AB40-ASA1,1100,2519 231.07 (2) (a) The principal of and interest on any bond issued by the authority
20to finance a project or to refinance or refund outstanding indebtedness of one or more
21participating health institutions, participating educational institutions,
22participating nonprofit institutions, or participating research institutions, including
23any refunding bonds issued to refund and refinance the bond, have been fully paid
24and the bonds retired or if the adequate provision has been made to pay fully and
25retire the bond; and
AB40-ASA1,2048
1Section 2048. 231.08 (5) of the statutes is amended to read:
AB40-ASA1,1101,92 231.08 (5) In addition to the other authorizations under this section, bonds of
3the authority may be secured by a pooling of leases whereby the authority may assign
4its rights, as lessor, and pledge rents under 2 or more leases of health facilities,
5educational facilities, nonprofit facilities, or research facilities with 2 or more
6participating health institutions, participating educational institutions,
7participating nonprofit institutions, or participating research institutions, as lessees
8respectively, upon such terms as may be provided for in bond resolutions of the
9authority.
AB40-ASA1,2049 10Section 2049. 231.10 (1) of the statutes is amended to read:
AB40-ASA1,1101,2011 231.10 (1) The state is not liable on notes or bonds of the authority and the notes
12and bonds are not a debt of the state. All notes and bonds of the authority shall
13contain on the face thereof a statement to this effect. The issuance of bonds under
14this chapter shall not, directly or indirectly or contingently, obligate the state or any
15political subdivision thereof to levy any form of taxation therefor or to make any
16appropriation for their payment. Nothing in this section prevents the authority from
17pledging its full faith and credit or the full faith and credit of a participating health
18institution, participating educational institution, participating nonprofit
19institution,
or participating research institution to the payment of bonds authorized
20under this chapter.
AB40-ASA1,2050 21Section 2050. 231.12 of the statutes is amended to read:
AB40-ASA1,1102,14 22231.12 Studies and recommendations. It is the intent and purpose of this
23chapter that the exercise by the authority of the powers granted to it shall be in all
24respects for the benefit of the people of this state to assist them to provide needed
25health facilities, educational facilities, nonprofit facilities, and research facilities of

1the number, size, type, distribution, and operation that will assure admission and
2health care, education, or research opportunities , or other necessary services of high
3quality to all who need it. The authority shall identify and study all projects which
4are determined by health planning agencies to be needed, but which could not
5sustain a loan were such to be made to it under this chapter. The authority shall
6formulate and recommend to the legislature such amendments to this and other
7laws, and such other specific measures as grants, loan guarantees, interest
8subsidies, or other actions the state may provide which would render the
9construction and operation of needed health facilities, educational facilities,
10nonprofit facilities,
and research facilities feasible and in the public interest. The
11authority also shall identify and study any laws or rules which it finds handicaps or
12bars a needed health facility, educational facility, nonprofit facility, or research
13facility from participating in the benefits of this chapter, and recommend to the
14legislature such actions as will remedy such situation.
AB40-ASA1,2051 15Section 2051. 231.13 (1) (intro.) of the statutes is amended to read:
AB40-ASA1,1102,2216 231.13 (1) (intro.) The authority shall collect rents for the use of, or other
17revenues relating to the financing of, each project. The authority shall contract with
18a participating health institution, participating educational institution,
19participating nonprofit institution, or participating research institution for each
20issuance of bonds. The contract shall provide that the rents or other revenues
21payable by the health facility, educational facility, nonprofit facility, or research
22facility shall be sufficient at all times to:
AB40-ASA1,2052 23Section 2052. 231.13 (2) of the statutes is amended to read:
AB40-ASA1,1103,1424 231.13 (2) The authority shall pledge the revenues derived and to be derived
25from a project and other related health facilities, educational facilities, nonprofit

1facilities,
or research facilities for the purposes specified in sub. (1), and additional
2bonds may be issued which may rank on a parity with other bonds relating to the
3project to the extent and on the terms and conditions provided in the bond resolution.
4Such pledge shall be valid and binding from the time when the pledge is made, the
5revenues so pledged by the authority shall immediately be subject to the lien of such
6pledge without any physical delivery thereof or further act and the lien of any such
7pledge shall be valid and binding as against all parties having claims of any kind in
8tort, contract, or otherwise against the authority, irrespective of whether such
9parties have notice thereof. Neither the bond resolution nor any financing
10statement, continuation statement, or other instrument by which a pledge is created
11or by which the authority's interest in revenues is assigned need be filed or recorded
12in any public records in order to perfect the lien thereof as against 3rd parties, except
13that a copy thereof shall be filed in the records of the authority and with the
14department of financial institutions.
AB40-ASA1,2053 15Section 2053. 231.16 (1) of the statutes is amended to read:
AB40-ASA1,1104,416 231.16 (1) The authority may issue bonds to refund any outstanding bond of
17the authority or indebtedness that a participating health institution, participating
18educational institution, participating nonprofit institution, or participating
19research institution may have incurred for the construction or acquisition of a project
20prior to or after April 30, 1980, including the payment of any redemption premium
21on the outstanding bond or indebtedness and any interest accrued or to accrue to the
22earliest or any subsequent date of redemption, purchase, or maturity, or to pay all
23or any part of the cost of constructing and acquiring additions, improvements,
24extensions, or enlargements of a project or any portion of a project. Except for bonds
25to refund bonds issued under s. 231.03 (6) (g), no bonds may be issued under this

1section unless the authority has first entered into a new or amended agreement with
2a participating health institution, participating educational institution,
3participating nonprofit institution, or participating research institution to provide
4sufficient revenues to pay the costs and other items described in s. 231.13.
AB40-ASA1,2054 5Section 2054. 231.20 of the statutes is amended to read:
AB40-ASA1,1104,15 6231.20 Waiver of construction and bidding requirements. In exercising
7its powers under s. 101.12, the department of safety and professional services or any
8city, village, town, or county may, within its discretion for proper cause shown, waive
9any particular requirements relating to public buildings, structures, grounds,
10works, and improvements imposed by law upon projects under this chapter; the
11requirements of s. 101.13 may not be waived, however. If, however, the prospective
12lessee so requests in writing, the authority shall, through the participating health
13institution, participating educational institution, participating nonprofit
14institution,
or participating research institution as its agent, call for construction
15bids in such manner as is determined by the authority with the approval of the lessee.
AB40-ASA1,2055 16Section 2055. 231.23 of the statutes is amended to read:
AB40-ASA1,1104,23 17231.23 Nonprofit institutions. It is intended that all nonprofit health
18institutions, educational institutions, and research institutions
entities in this state
19be enabled to benefit from and participate in this chapter. To this end, all nonprofit
20health institutions, educational institutions, and research institutions entities
21operating, or authorized to be operated, under any law of this state may undertake
22projects and utilize the capital financing sources and methods of repayment provided
23by this chapter, the provisions of any other laws to the contrary notwithstanding.
AB40-ASA1,2055b 24Section 2055b. 234.47 of the statutes is created to read:
AB40-ASA1,1105,3
1234.47 Blight elimination grants. From the appropriation under s. 20.490
2(1) (k), the authority shall make grants for the elimination of blighted and abandoned
3properties in this state.
AB40-ASA1,2055d 4Section 2055d. 234.51 (2) (b) of the statutes is amended to read:
AB40-ASA1,1105,95 234.51 (2) (b) To Annually, beginning in 2013, to transfer annually to the
6general Wisconsin development reserve fund, beginning no later than
7October 1, 2000,
all moneys in the housing rehabilitation loan program
8administration fund that are no longer not required for the housing rehabilitation
9loan program.
AB40-ASA1,2055e 10Section 2055e. 234.622 (4) (intro.) of the statutes is amended to read:
AB40-ASA1,1105,1111 234.622 (4) (intro.) "Participant" means all any of the following:
AB40-ASA1,2055g 12Section 2055g. 234.625 (4) (b) of the statutes is renumbered 234.625 (4) (b)
13(intro.) and amended to read:
AB40-ASA1,1105,1514 234.625 (4) (b) (intro.) That the loan shall be due and payable upon the
15occurrence of any of the following events: transfer
AB40-ASA1,1105,18 161. Transfer of the qualifying dwelling unit by any means except upon transfer
17to a co-owner who resides in the unit and who is permitted to assume the
18participant's account as provided in s. 234.624, or the .
AB40-ASA1,1105,19 192. The death of the participant if the participant is the sole owner, or the.
AB40-ASA1,1105,21 203. The death of the last surviving co-owner who owns the qualifying dwelling
21unit, or upon discovery by the.
AB40-ASA1,1105,23 224. The authority discovers that a the participant or a co-owner has made a
23false statement on the application or otherwise in respect to the program, or upon.
AB40-ASA1,1105,25 245. The condemnation or involuntary conversion of the qualifying dwelling unit,
25or if a
.
AB40-ASA1,1106,2
16. The participant ceases to meet the eligibility requirements of s. 234.623,
2except as provided in sub. (5) or.
AB40-ASA1,1106,3 37. The participant fails to comply with the provisions of par. (d) or, at.
AB40-ASA1,1106,5 48. At the participant's or co-owner's election, at any time before any of the
5events enumerated in this paragraph under subds. 1. to 7. occurs.
AB40-ASA1,2055i 6Section 2055i. 234.625 (4) (b) 9. of the statutes is created to read:
AB40-ASA1,1106,107 234.625 (4) (b) 9. If the participant is a veteran, as defined in s. 45.01 (12) (a)
8to (f), who is not 65 years of age or older, at a time before any of the events under
9subds. 1. to 7. occurs, as determined under policies and procedures established by the
10authority.
AB40-ASA1,2055k 11Section 2055k. 238.03 (3) (a) of the statutes is amended to read:
AB40-ASA1,1107,212 238.03 (3) (a) That each recipient of a grant or loan under the program of at
13least $100,000 submit to the corporation, within 120 days after the end of the
14recipient's fiscal year in which any grant or loan funds were expended,
a verified
15statement describing the recipient's expenditure
schedule of expenditures of the
16grant or loan funds, including expenditures of any matching cash or in-kind match,
17signed by both an independent certified public accountant and the director or
18principal officer of the recipient to attest to the accuracy of the verified statement
19schedule of expenditures. The recipient shall engage an independent certified public
20accountant to perform procedures, approved by the corporation and consistent with
21applicable professional standards of the American Institute of Certified Public
22Accountants, to determine whether the grant or loan funds and any matching cash
23or in-kind match were expended in accordance with the grant or loan contract
. The
24board shall also require the recipient of such a grant or loan to make available for
25inspection the documents supporting the verified statement schedule of

1expenditures
. The board must shall include the requirement requirements under
2this paragraph
in the contract with grant or loan recipients.
AB40-ASA1,2055m 3Section 2055m. 238.045 of the statutes is created to read:
AB40-ASA1,1107,8 4238.045 Establishment of nonprofit organization. (1) Definition. In this
5section, "nonprofit organization" means a nonprofit corporation, as defined in s.
6181.0103 (17), and any organization described in section 501 (c) (3) of the Internal
7Revenue Code that is exempt from federal income tax under section 501 (a) of the
8Internal Revenue Code.
AB40-ASA1,1107,10 9(2) Approval required. (a) The corporation may not establish a nonprofit
10organization without the approval of the joint committee on finance.
AB40-ASA1,1107,1511 (b) The joint committee on finance may approve the corporation's
12establishment of a nonprofit organization if the corporation's chief executive officer
13submits a request for approval to the committee that describes in detail the
14corporation's proposal to establish a nonprofit organization and the chief executive
15officer appears at the committee's meeting to consider that request for approval.
AB40-ASA1,2055o 16Section 2055o. 238.07 (2) (ag) of the statutes is created to read:
AB40-ASA1,1107,1817 238.07 (2) (ag) An accounting of the location, by municipality, of each job
18created or retained in the state in the previous fiscal year as a result of the program.
AB40-ASA1,2055q 19Section 2055q. 238.07 (2) (ar) of the statutes is created to read:
AB40-ASA1,1107,2120 238.07 (2) (ar) An accounting of the industry classification, by municipality, of
21each job created or retained in the state as a result of the program.
AB40-ASA1,2055s 22Section 2055s. 238.07 (2) (dm) of the statutes is created to read:
AB40-ASA1,1107,2423 238.07 (2) (dm) The total amount of tax benefits allocated, and the total amount
24of tax benefits verified to the department of revenue, under the program.
AB40-ASA1,2055t 25Section 2055t. 238.07 (2) (fm) of the statutes is created to read:
AB40-ASA1,1108,3
1238.07 (2) (fm) An identification of each recipient of a tax benefit allocated, and
2each recipient of a tax benefit that was verified to the department of revenue, under
3the program.
AB40-ASA1,2055v 4Section 2055v. 238.07 (4) of the statutes is created to read:
AB40-ASA1,1108,95 238.07 (4) Annually, beginning in 2014, the board shall have an independent
6audit conducted of the corporation's financial statements for the previous fiscal year
7and submit the audit report to the joint legislative audit committee and the chief
8clerk of each house of the legislature, for distribution to the legislature under s.
913.172 (2).
AB40-ASA1,2055x 10Section 2055x. 238.09 of the statutes is created to read:
AB40-ASA1,1108,12 11238.09 Procurement policies and procedures. The board shall adopt
12policies and procedures that specify all of the following:
AB40-ASA1,1108,14 13(1) When the corporation is required to publicly solicit proposals from multiple
14vendors of goods or services.
AB40-ASA1,1108,15 15(2) How the corporation is to evaluate proposals from multiple vendors.
AB40-ASA1,1108,17 16(3) How the corporation is to assess any conflict of interest a vendor may have
17if the vendor sells goods or services to the corporation.
AB40-ASA1,2056 18Section 2056. 238.133 (1) (c) of the statutes is amended to read:
AB40-ASA1,1108,2019 238.133 (1) (c) "Petroleum product" has the meaning given in s. 101.143 292.63
20(1) (f).
AB40-ASA1,2057 21Section 2057. 238.133 (1) (e) of the statutes is amended to read:
AB40-ASA1,1108,2322 238.133 (1) (e) "Underground petroleum product storage tank" has the
23meaning given in s. 101.143 292.63 (1) (i).
AB40-ASA1,2058 24Section 2058. 238.145 of the statutes is repealed.
AB40-ASA1,2059 25Section 2059. 238.146 of the statutes is repealed.
AB40-ASA1,2060
1Section 2060. 238.16 (1) (c) of the statutes is renumbered 238.16 (1) (c) 1. and
2amended to read:
AB40-ASA1,1109,93 238.16 (1) (c) 1. "Full-time Except as provided in subd. 2., "full-time job" means
4a regular, nonseasonal full-time position in which an individual, as a condition of
5employment, is required to work at least 2,080 hours per year, including paid leave
6and holidays, and for which the individual receives pay that is equal to at least 150
7percent of the federal minimum wage and benefits that are not required by federal
8or state law. "Full-time job" does not include initial training before an employment
9position begins.
AB40-ASA1,2061 10Section 2061. 238.16 (1) (c) 2. of the statutes is created to read:
AB40-ASA1,1109,1411 238.16 (1) (c) 2. The corporation may grant exceptions to the requirement
12under subd. 1. that a full-time job means a position in which an individual, as a
13condition of employment, is required to work at least 2,080 hours per year if all of the
14following apply:
AB40-ASA1,1109,1615 a. The annual pay for the position is more than the amount determined by
16multiplying 2,080 by 150 percent of the federal minimum wage.
AB40-ASA1,1109,1917 b. An individual in the position is offered retirement, health, and other benefits
18that are equivalent to the retirement, health, and other benefits offered to an
19individual who is required to work at least 2,080 hours per year.
AB40-ASA1,2062 20Section 2062. 238.16 (3) (intro.) of the statutes is amended to read:
AB40-ASA1,1110,221 238.16 (3) Eligibility for tax benefits. (intro.) A person certified under sub.
22(2) may receive tax benefits under this section if, in each year for which the person
23claims tax benefits under this section, the person increases net employment in the
24person's business above the net employment in the person's business during the year

1before the person was certified under sub. (2), as determined by the corporation
2under its policies and procedures
, and one of the following applies:
AB40-ASA1,2063 3Section 2063. 238.16 (3) (a) of the statutes is amended to read:
AB40-ASA1,1110,74 238.16 (3) (a) In a tier I county or municipality, an eligible employee for whom
5the person claims a tax credit will earn at least $20,000 the amount determined by
6multiplying 2,080 by 150 percent of the federal minimum wage
in wages from the
7person in the year for which the credit is claimed.
AB40-ASA1,2064 8Section 2064. 238.16 (3) (am) of the statutes is repealed.
AB40-ASA1,2065 9Section 2065. 238.16 (4) (b) 1. (intro.) of the statutes is amended to read:
AB40-ASA1,1110,1410 238.16 (4) (b) 1. (intro.) The corporation may award to a person certified under
11sub. (2) tax benefits for each eligible employee in an amount equal to up to 10 percent
12of the wages paid by the person to that employee or $10,000, whichever is less, if that
13employee earned wages in the year for which the tax benefit is claimed equal to one
14of the following:
AB40-ASA1,2066 15Section 2066. 238.16 (4) (b) 1. a. of the statutes is amended to read:
AB40-ASA1,1110,1716 238.16 (4) (b) 1. a. In a tier I county or municipality, at least $20,000 the amount
17determined by multiplying 2,080 by 150 percent of the federal minimum wage
.
AB40-ASA1,2067 18Section 2067. 238.16 (5) (f) (intro.) of the statutes is amended to read:
AB40-ASA1,1110,2119 238.16 (5) (f) (intro.) The corporation shall adopt rules policies and procedures
20for the implementation and operation of this section, including rules policies and
21procedures
relating to the following:
AB40-ASA1,2068 22Section 2068. 238.16 (5) (f) 5. of the statutes is created to read:
AB40-ASA1,1110,2423 238.16 (5) (f) 5. Determining a change in net employment in a person's
24business.
AB40-ASA1,2069 25Section 2069. 238.20 of the statutes is repealed.
AB40-ASA1,2070
1Section 2070. 238.30 (intro.) of the statutes is amended to read:
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