AB40,907,197 231.03 (13) Make loans to any participating health institution, participating
8educational institution, participating nonprofit institution, or participating
9research institution for the cost of a project in accordance with an agreement
10between the authority and the participating health institution, participating
11educational institution, participating nonprofit institution, or participating
12research institution. The authority may secure the loan by a mortgage or other
13security arrangement on the health facility, educational facility, nonprofit facility, or
14research facility granted by the participating health institution, participating
15educational institution, participating nonprofit institution, or participating
16research institution to the authority. The loan may not exceed the total cost of the
17project as determined by the participating health institution, participating
18educational institution, participating nonprofit institution, or participating
19research institution and approved by the authority.
AB40,2037 20Section 2037. 231.03 (14) of the statutes is amended to read:
AB40,908,321 231.03 (14) Make loans to a health facility, educational facility, nonprofit
22facility,
or research facility for which bonds may be issued under sub. (6) (b), (d), or
23(i), or (k), to refinance the health facility's, educational facility's, nonprofit facility's,
24or research facility's outstanding debt. The authority may secure the loan or bond
25by a mortgage or other security arrangement on the health facility, educational

1facility, nonprofit facility, or research facility granted by the participating health
2institution, participating educational institution, participating nonprofit
3institution,
or participating research institution to the authority.
AB40,2038 4Section 2038. 231.03 (15) of the statutes is amended to read:
AB40,908,125 231.03 (15) Mortgage all or any portion of a project and other health facilities,
6educational facilities, nonprofit facilities, or research facilities and the site thereof,
7whether owned or thereafter acquired, for the benefit of the holders of bonds issued
8to finance the project, health facilities, educational facilities, nonprofit facilities, or
9research facilities or any portion thereof or issued to refund or refinance outstanding
10indebtedness of participating health institutions, participating educational
11institutions, participating nonprofit institutions, or participating research
12institutions as permitted by this chapter.
AB40,2039 13Section 2039. 231.03 (16) of the statutes is amended to read:
AB40,909,614 231.03 (16) Lease to a participating health institution, participating
15educational institution, participating nonprofit institution, or participating
16research institution the project being financed or other health facilities, educational
17facilities, nonprofit facilities, or research facilities conveyed to the authority in
18connection with such financing, upon such terms and conditions as the authority
19deems proper, and charge and collect rents therefor, and terminate any such lease
20upon the failure of the lessee to comply with any of the obligations thereof; and
21include in any such lease, if desired, provisions that the lessee thereof shall have
22options to renew the term of the lease for such periods and at such rent as the
23authority determines or to purchase all or any part of the health facilities,
24educational facilities, nonprofit facilities, or research facilities or that, upon
25payment of all of the indebtedness incurred by the authority for the financing of such

1project or health facilities, educational facilities, nonprofit facilities, or research
2facilities or for refunding outstanding indebtedness of a participating health
3institution, participating educational institution, participating nonprofit
4institution,
or participating research institution, the authority may convey all or any
5part of the project or such other health facilities, educational facilities, nonprofit
6facilities,
or research facilities to the lessees thereof with or without consideration.
AB40,2040 7Section 2040. 231.03 (17) of the statutes is amended to read:
AB40,909,118 231.03 (17) Charge to and apportion among participating health institutions,
9participating educational institutions, participating nonprofit institutions, and
10participating research institutions its administrative costs and expenses incurred in
11the exercise of the powers and duties conferred by this chapter.
AB40,2041 12Section 2041. 231.03 (18) of the statutes is amended to read:
AB40,909,1813 231.03 (18) Make studies of needed health facilities, educational facilities,
14nonprofit facilities, and research facilities that could not sustain a loan were it made
15under this chapter and recommend remedial action to the legislature; and do the
16same with regard to any laws or rules that prevent health facilities, educational
17facilities, nonprofit facilities, and research facilities from benefiting from this
18chapter.
AB40,2042 19Section 2042. 231.03 (19) of the statutes is amended to read:
AB40,910,520 231.03 (19) Obtain, or aid in obtaining, from any department or agency of the
21United States or of this state or any private company, any insurance or guaranty
22concerning the payment or repayment of, interest or principal, or both, or any part
23thereof, on any loan, lease, or obligation or any instrument evidencing or securing
24the same, made or entered into under the provisions of this chapter; and
25notwithstanding any other provisions of this chapter, to enter into any agreement,

1contract, or other instrument with respect to that insurance or guaranty, to accept
2payment in the manner and form provided therein in the event of default by a
3participating health institution, participating educational institution, participating
4nonprofit institution,
or participating research institution, and to assign the
5insurance or guaranty as security for the authority's bonds.
AB40,2043 6Section 2043. 231.04 of the statutes is amended to read:
AB40,910,19 7231.04 Expenses. All expenses of the authority incurred in carrying out this
8chapter shall be payable solely from funds provided under the authority of this
9chapter, and no liability may be incurred by the authority beyond the extent to which
10moneys have been provided under this chapter except that, for the purposes of
11meeting the necessary expenses of initial organization and operation of the authority
12for the period commencing on June 19, 1974 and continuing until such date as the
13authority derives moneys from funds provided to it under the authority of this
14chapter, the authority may borrow such moneys as it requires to supplement the
15funds provided under s. 20.440. Such moneys borrowed by the authority shall
16subsequently be charged to and apportioned among participating health
17institutions, participating educational institutions, participating nonprofit
18institutions,
and participating research institutions in an equitable manner, and
19repaid with appropriate interest over a reasonable period of time.
AB40,2044 20Section 2044. 231.05 (1) of the statutes is amended to read:
AB40,911,221 231.05 (1) By means of this chapter, it is the intent of the legislature to provide
22assistance and alternative methods of financing to nonprofit health institutions
23entities to aid them in providing needed health services consistent with the state's
24health plan, to nonprofit educational institutions to aid them in providing needed

1educational services, and to nonprofit research institutions to aid them in providing
2needed research facilities, and other needed services and facilities in this state.
AB40,2045 3Section 2045. 231.06 of the statutes is amended to read:
AB40,911,13 4231.06 Property acquisition. The authority may acquire, directly or by and
5through a participating health institution, participating educational institution,
6participating nonprofit institution, or participating research institution as its agent,
7by purchase or by gift or devise, such lands, structures, property, rights,
8rights-of-way, franchises, easements, and other interests in lands, including lands
9lying under water and riparian rights, as it deems necessary or convenient for the
10construction or operation of a project, upon such terms and at such prices as it
11considers reasonable and can be agreed upon between it and the owner thereof, and
12take title thereto in the name of the authority or in the name of a health facility,
13educational facility, nonprofit facility, or research facility as its agent.
AB40,2046 14Section 2046. 231.07 (1) (b) of the statutes is amended to read:
AB40,911,2015 231.07 (1) (b) Convey to the participating health institution, participating
16educational institution, participating nonprofit institution, or participating
17research institution the authority's interest in the project and in any other health
18facility, educational facility, nonprofit facility, or research facility leased, mortgaged,
19or subject to a deed of trust or any other form of security arrangement to secure the
20bond.
AB40,2047 21Section 2047. 231.07 (2) (a) of the statutes is amended to read:
AB40,912,322 231.07 (2) (a) The principal of and interest on any bond issued by the authority
23to finance a project or to refinance or refund outstanding indebtedness of one or more
24participating health institutions, participating educational institutions,
25participating nonprofit institutions, or participating research institutions, including

1any refunding bonds issued to refund and refinance the bond, have been fully paid
2and the bonds retired or if the adequate provision has been made to pay fully and
3retire the bond; and
AB40,2048 4Section 2048. 231.08 (5) of the statutes is amended to read:
AB40,912,125 231.08 (5) In addition to the other authorizations under this section, bonds of
6the authority may be secured by a pooling of leases whereby the authority may assign
7its rights, as lessor, and pledge rents under 2 or more leases of health facilities,
8educational facilities, nonprofit facilities, or research facilities with 2 or more
9participating health institutions, participating educational institutions,
10participating nonprofit institutions, or participating research institutions, as lessees
11respectively, upon such terms as may be provided for in bond resolutions of the
12authority.
AB40,2049 13Section 2049. 231.10 (1) of the statutes is amended to read:
AB40,912,2314 231.10 (1) The state is not liable on notes or bonds of the authority and the notes
15and bonds are not a debt of the state. All notes and bonds of the authority shall
16contain on the face thereof a statement to this effect. The issuance of bonds under
17this chapter shall not, directly or indirectly or contingently, obligate the state or any
18political subdivision thereof to levy any form of taxation therefor or to make any
19appropriation for their payment. Nothing in this section prevents the authority from
20pledging its full faith and credit or the full faith and credit of a participating health
21institution, participating educational institution, participating nonprofit
22institution,
or participating research institution to the payment of bonds authorized
23under this chapter.
AB40,2050 24Section 2050. 231.12 of the statutes is amended to read:
AB40,913,18
1231.12 Studies and recommendations. It is the intent and purpose of this
2chapter that the exercise by the authority of the powers granted to it shall be in all
3respects for the benefit of the people of this state to assist them to provide needed
4health facilities, educational facilities, nonprofit facilities, and research facilities of
5the number, size, type, distribution, and operation that will assure admission and
6health care, education, or research opportunities , or other necessary services of high
7quality to all who need it. The authority shall identify and study all projects which
8are determined by health planning agencies to be needed, but which could not
9sustain a loan were such to be made to it under this chapter. The authority shall
10formulate and recommend to the legislature such amendments to this and other
11laws, and such other specific measures as grants, loan guarantees, interest
12subsidies, or other actions the state may provide which would render the
13construction and operation of needed health facilities, educational facilities,
14nonprofit facilities,
and research facilities feasible and in the public interest. The
15authority also shall identify and study any laws or rules which it finds handicaps or
16bars a needed health facility, educational facility, nonprofit facility, or research
17facility from participating in the benefits of this chapter, and recommend to the
18legislature such actions as will remedy such situation.
AB40,2051 19Section 2051. 231.13 (1) (intro.) of the statutes is amended to read:
AB40,914,220 231.13 (1) (intro.) The authority shall collect rents for the use of, or other
21revenues relating to the financing of, each project. The authority shall contract with
22a participating health institution, participating educational institution,
23participating nonprofit institution, or participating research institution for each
24issuance of bonds. The contract shall provide that the rents or other revenues

1payable by the health facility, educational facility, nonprofit facility, or research
2facility shall be sufficient at all times to:
AB40,2052 3Section 2052. 231.13 (2) of the statutes is amended to read:
AB40,914,194 231.13 (2) The authority shall pledge the revenues derived and to be derived
5from a project and other related health facilities, educational facilities, nonprofit
6facilities,
or research facilities for the purposes specified in sub. (1), and additional
7bonds may be issued which may rank on a parity with other bonds relating to the
8project to the extent and on the terms and conditions provided in the bond resolution.
9Such pledge shall be valid and binding from the time when the pledge is made, the
10revenues so pledged by the authority shall immediately be subject to the lien of such
11pledge without any physical delivery thereof or further act and the lien of any such
12pledge shall be valid and binding as against all parties having claims of any kind in
13tort, contract, or otherwise against the authority, irrespective of whether such
14parties have notice thereof. Neither the bond resolution nor any financing
15statement, continuation statement, or other instrument by which a pledge is created
16or by which the authority's interest in revenues is assigned need be filed or recorded
17in any public records in order to perfect the lien thereof as against 3rd parties, except
18that a copy thereof shall be filed in the records of the authority and with the
19department of financial institutions.
AB40,2053 20Section 2053. 231.16 (1) of the statutes is amended to read:
AB40,915,921 231.16 (1) The authority may issue bonds to refund any outstanding bond of
22the authority or indebtedness that a participating health institution, participating
23educational institution, participating nonprofit institution, or participating
24research institution may have incurred for the construction or acquisition of a project
25prior to or after April 30, 1980, including the payment of any redemption premium

1on the outstanding bond or indebtedness and any interest accrued or to accrue to the
2earliest or any subsequent date of redemption, purchase, or maturity, or to pay all
3or any part of the cost of constructing and acquiring additions, improvements,
4extensions, or enlargements of a project or any portion of a project. Except for bonds
5to refund bonds issued under s. 231.03 (6) (g), no bonds may be issued under this
6section unless the authority has first entered into a new or amended agreement with
7a participating health institution, participating educational institution,
8participating nonprofit institution, or participating research institution to provide
9sufficient revenues to pay the costs and other items described in s. 231.13.
AB40,2054 10Section 2054. 231.20 of the statutes is amended to read:
AB40,915,20 11231.20 Waiver of construction and bidding requirements. In exercising
12its powers under s. 101.12, the department of safety and professional services or any
13city, village, town, or county may, within its discretion for proper cause shown, waive
14any particular requirements relating to public buildings, structures, grounds,
15works, and improvements imposed by law upon projects under this chapter; the
16requirements of s. 101.13 may not be waived, however. If, however, the prospective
17lessee so requests in writing, the authority shall, through the participating health
18institution, participating educational institution, participating nonprofit
19institution,
or participating research institution as its agent, call for construction
20bids in such manner as is determined by the authority with the approval of the lessee.
AB40,2055 21Section 2055. 231.23 of the statutes is amended to read:
AB40,916,3 22231.23 Nonprofit institutions. It is intended that all nonprofit health
23institutions, educational institutions, and research institutions
entities in this state
24be enabled to benefit from and participate in this chapter. To this end, all nonprofit
25health institutions, educational institutions, and research institutions entities

1operating, or authorized to be operated, under any law of this state may undertake
2projects and utilize the capital financing sources and methods of repayment provided
3by this chapter, the provisions of any other laws to the contrary notwithstanding.
AB40,2056 4Section 2056. 238.133 (1) (c) of the statutes is amended to read:
AB40,916,65 238.133 (1) (c) "Petroleum product" has the meaning given in s. 101.143 292.63
6(1) (f).
AB40,2057 7Section 2057. 238.133 (1) (e) of the statutes is amended to read:
AB40,916,98 238.133 (1) (e) "Underground petroleum product storage tank" has the
9meaning given in s. 101.143 292.63 (1) (i).
AB40,2058 10Section 2058. 238.145 of the statutes is repealed.
AB40,2059 11Section 2059. 238.146 of the statutes is repealed.
AB40,2060 12Section 2060. 238.16 (1) (c) of the statutes is renumbered 238.16 (1) (c) 1. and
13amended to read:
AB40,916,2014 238.16 (1) (c) 1. "Full-time Except as provided in subd. 2., "full-time job" means
15a regular, nonseasonal full-time position in which an individual, as a condition of
16employment, is required to work at least 2,080 hours per year, including paid leave
17and holidays, and for which the individual receives pay that is equal to at least 150
18percent of the federal minimum wage and benefits that are not required by federal
19or state law. "Full-time job" does not include initial training before an employment
20position begins.
AB40,2061 21Section 2061. 238.16 (1) (c) 2. of the statutes is created to read:
AB40,916,2522 238.16 (1) (c) 2. The corporation may grant exceptions to the requirement
23under subd. 1. that a full-time job means a position in which an individual, as a
24condition of employment, is required to work at least 2,080 hours per year if all of the
25following apply:
AB40,917,2
1a. The annual pay for the position is more than the amount determined by
2multiplying 2,080 by 150 percent of the federal minimum wage.
AB40,917,53 b. An individual in the position is offered retirement, health, and other benefits
4that are equivalent to the retirement, health, and other benefits offered to an
5individual who is required to work at least 2,080 hours per year.
AB40,2062 6Section 2062. 238.16 (3) (intro.) of the statutes is amended to read:
AB40,917,127 238.16 (3) Eligibility for tax benefits. (intro.) A person certified under sub.
8(2) may receive tax benefits under this section if, in each year for which the person
9claims tax benefits under this section, the person increases net employment in the
10person's business above the net employment in the person's business during the year
11before the person was certified under sub. (2), as determined by the corporation
12under its policies and procedures
, and one of the following applies:
AB40,2063 13Section 2063. 238.16 (3) (a) of the statutes is amended to read:
AB40,917,1714 238.16 (3) (a) In a tier I county or municipality, an eligible employee for whom
15the person claims a tax credit will earn at least $20,000 the amount determined by
16multiplying 2,080 by 150 percent of the federal minimum wage
in wages from the
17person in the year for which the credit is claimed.
AB40,2064 18Section 2064. 238.16 (3) (am) of the statutes is repealed.
AB40,2065 19Section 2065. 238.16 (4) (b) 1. (intro.) of the statutes is amended to read:
AB40,917,2420 238.16 (4) (b) 1. (intro.) The corporation may award to a person certified under
21sub. (2) tax benefits for each eligible employee in an amount equal to up to 10 percent
22of the wages paid by the person to that employee or $10,000, whichever is less, if that
23employee earned wages in the year for which the tax benefit is claimed equal to one
24of the following:
AB40,2066 25Section 2066. 238.16 (4) (b) 1. a. of the statutes is amended to read:
AB40,918,2
1238.16 (4) (b) 1. a. In a tier I county or municipality, at least $20,000 the amount
2determined by multiplying 2,080 by 150 percent of the federal minimum wage
.
AB40,2067 3Section 2067. 238.16 (5) (f) (intro.) of the statutes is amended to read:
AB40,918,64 238.16 (5) (f) (intro.) The corporation shall adopt rules policies and procedures
5for the implementation and operation of this section, including rules policies and
6procedures
relating to the following:
AB40,2068 7Section 2068. 238.16 (5) (f) 5. of the statutes is created to read:
AB40,918,98 238.16 (5) (f) 5. Determining a change in net employment in a person's
9business.
AB40,2069 10Section 2069. 238.20 of the statutes is repealed.
AB40,2070 11Section 2070. 238.30 (intro.) of the statutes is amended to read:
AB40,918,12 12238.30 Definitions. (intro.) In this section and ss. 238.31 238.301 to 238.395:
AB40,2071 13Section 2071. 238.30 (2m) (b) of the statutes is renumbered 238.30 (2m) (b)
14(intro.) and amended to read:
AB40,918,2115 238.30 (2m) (b) (intro.) The corporation may adopt a rule specifying
16circumstances under which the corporation
may grant exceptions to the requirement
17under par. (a) that a full-time job means a job position in which an individual, as a
18condition of employment, is required to work at least 2,080 hours per year, but under
19no circumstances may a full-time job mean a job in which an individual, as a
20condition of employment, is required to work less than 37.5 hours per week.
if all of
21the following apply:
AB40,2072 22Section 2072. 238.30 (2m) (b) 1. of the statutes is created to read:
AB40,918,2423 238.30 (2m) (b) 1. The annual pay for the position is more than the amount
24determined by multiplying 2,080 by 150 percent of the federal minimum wage.
AB40,2073 25Section 2073. 238.30 (2m) (b) 2. of the statutes is created to read:
AB40,919,3
1238.30 (2m) (b) 2. An individual in the position is offered retirement, health,
2and other benefits that are equivalent to the retirement, health, and other benefits
3offered to an individual who is required to work at least 2,080 hours per year.
AB40,2074 4Section 2074. 238.30 (4m) of the statutes is amended to read:
AB40,919,175 238.30 (4m) "Member of a targeted group" means a person who resides in an
6area designated by the federal government as an economic revitalization area, a
7person who is employed in an unsubsidized job but meets the eligibility requirements
8under s. 49.145 (2) and (3) for a Wisconsin Works employment position, a person who
9is employed in a trial job, as defined in s. 49.141 (1) (n), 2011 stats., or in a real work,
10real pay project position under s. 49.147 (3m)
trial employment match program job,
11as defined in s. 49.141 (1) (n)
, a person who is eligible for child care assistance under
12s. 49.155, a person who is a vocational rehabilitation referral, an economically
13disadvantaged youth, an economically disadvantaged veteran, a supplemental
14security income recipient, a general assistance recipient, an economically
15disadvantaged ex-convict, a dislocated worker, as defined in 29 USC 2801 (9), or a
16food stamp recipient, if the person has been certified in the manner under 26 USC
1751
(d) (13) (A) by a designated local agency, as defined in 26 USC 51 (d) (12).
AB40,2075 18Section 2075. 238.303 (1) (a) of the statutes is amended to read:
AB40,919,2519 238.303 (1) (a) Except as provided in pars. (am) and par. (b), and subject to a
20reallocation by the corporation pursuant to rules adopted under s. 238.15 (3) (d), the
21total tax benefits available to be allocated by the corporation under ss. 238.301 to
22238.306 may not exceed the sum of the tax benefits remaining to be allocated under
23s. 560.71 to 560.785, 2009 stats., s. 560.797, 2009 stats., s. 560.798, 2009 stats., s.
24560.7995, 2009 stats., and s. 560.96, 2009 stats., on March 6, 2009, plus $25,000,000
25$100,000,000.
AB40,2076
1Section 2076. 238.303 (1) (am) of the statutes is repealed.
AB40,2077 2Section 2077. 238.399 (1) (am) 2. of the statutes is renumbered 238.399 (1)
3(am) 2. (intro.) and amended to read:
AB40,920,94 238.399 (1) (am) 2. (intro.) The corporation may by rule specify circumstances
5under which the corporation
may grant exceptions to the requirement under subd.
61. that a full-time employee means an individual who, as a condition of employment,
7is required to work at least 2,080 hours per year, but under no circumstances may
8a full-time employee mean an individual who, as a condition of employment, is
9required to work less than 37.5 hours per week.
if all of the following apply:
AB40,2078 10Section 2078. 238.399 (1) (am) 2. a. of the statutes is created to read:
AB40,920,1311 238.399 (1) (am) 2. a. The individual is employed in a job for which the annual
12pay is more than the amount determined by multiplying 2,080 by 150 percent of the
13federal minimum wage.
AB40,2079 14Section 2079. 238.399 (1) (am) 2. b. of the statutes is created to read:
AB40,920,1715 238.399 (1) (am) 2. b. The individual is offered retirement, health, and other
16benefits that are equivalent to the retirement, health, and other benefits offered to
17an individual who is required to work at least 2,080 hours per year.
AB40,2080 18Section 2080. 238.399 (5) (c) 2. (intro.) of the statutes is amended to read:
AB40,920,2019 238.399 (5) (c) 2. (intro.) The business makes a significant capital investment
20in property located in the enterprise zone and all of the following apply:
AB40,2081 21Section 2081. 238.399 (5) (c) 2. a. of the statutes is repealed.
AB40,2082 22Section 2082. 238.399 (5) (d) 1. of the statutes is amended to read:
AB40,920,2423 238.399 (5) (d) 1. The business is an original equipment a manufacturer with
24a significant supply chain in the state, as determined by the corporation by rule.
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