SB205,23 16Section 23. 16.967 (1) (a) of the statutes is amended to read:
SB205,10,1717 16.967 (1) (a) "Agency" has the meaning given in s. 16.70 (1e) 16.97 (1m).
SB205,24 18Section 24. 16.97 (1m) of the statutes is amended to read:
SB205,10,2319 16.97 (1m) "Agency" has the meaning given in s. 16.70 (1e) means an office,
20department, agency, institution of higher education, association, society, or other
21body in state government created or authorized to be created by the constitution or
22any law, which is entitled to expend moneys appropriated by law, including the
23legislature and the courts, but not including an authority
.
SB205,25 24Section 25. 19.42 (10) (sm) of the statutes is amended to read:
SB205,11,4
119.42 (10) (sm) The non-clerical employees of the Wisconsin Economic
2Development Corporation and the
members of the board of directors of the Wisconsin
3Economic Development Corporation employed in the private sector who are
4appointed by the speaker of the assembly and the senate majority leader.
SB205,26 5Section 26. 19.42 (13) (om) of the statutes is amended to read:
SB205,11,96 19.42 (13) (om) The non-clerical employees of the Wisconsin Economic
7Development Corporation and the
members of the board of directors of the Wisconsin
8Economic Development Corporation employed in the private sector who are
9appointed by the speaker of the assembly and the senate majority leader.
SB205,27 10Section 27. 20.505 (5) (ke) of the statutes is amended to read:
SB205,11,1611 20.505 (5) (ke) Additional energy conservation construction projects. All
12moneys received by the department from agencies, as defined in s. 16.70 (1e) 16.97
13(1m)
, in payment of assessments under s. 16.847 (3) for energy cost savings at state
14facilities, for the purpose of providing additional funding to those agencies for energy
15conservation construction projects at state facilities under the jurisdiction of the
16agencies as provided in s. 16.847 (2).
SB205,28 17Section 28. 20.866 (2) (ws) of the statutes is amended to read:
SB205,11,2318 20.866 (2) (ws) Administration; energy conservation projects; capital
19improvement fund.
From the capital improvement fund, a sum sufficient for the
20department of administration to provide funding to agencies, as defined in s. 16.70
21(1e)
16.97 (1m), for energy conservation construction projects at state facilities under
22the jurisdiction of the agencies pursuant to s. 16.847 (2). The state may contract
23public debt in an amount not exceeding $180,000,000 for this purpose.
SB205,29 24Section 29. 20.867 (3) (kd) of the statutes is amended to read:
SB205,12,10
120.867 (3) (kd) Energy conservation construction projects; principal repayment,
2interest and rebates.
All moneys received by the building commission from agencies,
3as defined in s. 16.70 (1e) 16.97 (1m), in payment of assessments under s. 16.847 (3),
4for the purpose of reimbursing s. 20.866 (1) (u) for the payment of principal and
5interest costs incurred in financing energy conservation construction projects at
6state facilities, to make the payments determined by the building commission under
7s. 13.488 (1) (m) that are attributable to the proceeds of obligations incurred in
8financing energy conservation construction projects at state facilities, and to make
9payments under an agreement or ancillary arrangement entered into under s. 18.06
10(8) (a).
SB205,30 11Section 30. 238.02 (1) of the statutes is amended to read:
SB205,12,2512 238.02 (1) There is created an authority, which is a public body corporate and
13politic, to be known as the "Wisconsin Economic Development Corporation." The
14members of the board shall consist of the governor, who shall serve as chairperson
15of the board, and 6 members nominated by the governor, and with the advice and
16consent of the senate appointed, to serve at the pleasure of the governor for 6-year
17terms
; 3 members appointed by the speaker of the assembly, consisting of one
18majority and one minority party representative to the assembly, appointed as are the
19members of standing committees in the assembly, and one person employed in the
20private sector, to serve at the speaker's pleasure for a 6-year term; and 3 members
21appointed by the senate majority leader, consisting of one majority and one minority
22party senator, appointed as are members of standing committees in the senate, and
23one person employed in the private sector, to serve at the majority leader's pleasure
24for a 6-year term. The secretary of administration and the secretary of revenue shall
25also serve on the board as nonvoting members.
SB205,31
1Section 31. 238.02 (1g) of the statutes is created to read:
SB205,13,62 238.02 (1g) (a) The board shall elect a lead director to serve for a 2-year term.
3The lead director shall have significant corporate management experience and shall
4be one of the members of the board nominated by the governor or one of the members
5appointed by the speaker of the assembly or senate majority leader who is employed
6in the private sector.
SB205,13,77 (b) The lead director shall do all of the following:
SB205,13,88 1. Chair meetings of the board in the chairperson's absence.
SB205,13,99 2. Chair the governance committee under sub. (1r).
SB205,13,1110 3. Serve as a liaison between the chairperson of the board and the other
11members of the board.
SB205,13,1312 4. Work with the chairperson to ensure an adequate committee structure for
13any committee the board establishes.
SB205,13,1514 5. Carry out any other duties assigned to the lead director by the board or the
15governance committee.
SB205,32 16Section 32. 238.02 (1r) of the statutes is created to read:
SB205,13,2117 238.02 (1r) (a) The board shall establish a governance committee. The
18governance committee shall consist of the lead director and two other members who
19shall be elected by the board from the members of the board nominated by the
20governor or the members appointed by the speaker of the assembly and senate
21majority leader who are employed in the private sector, or both.
SB205,13,2222 (b) The governance committee shall do all of the following:
SB205,13,2323 1. Develop governance principles for the board's oversight of the corporation.
SB205,13,2424 2. Oversee the board's operations.
SB205,13,2525 3. Recommend membership for committees the board establishes.
SB205,14,2
14. Assist the chairperson to identify qualified candidates to fill vacancies on the
2board.
SB205,14,43 5. Facilitate communication between the members of the board and the chief
4executive officer of the corporation.
SB205,33 5Section 33. 238.03 (2) (c) of the statutes is amended to read:
SB205,14,106 238.03 (2) (c) Require that each recipient of a grant or, loan, or allocation of a
7tax benefit
under the program submit a report to the corporation. Each contract with
8a recipient of a grant or, loan, or allocation of a tax benefit under the program must
9specify the frequency and format of the report to be submitted to the corporation and
10the performance measures to be included in the report.
SB205,34 11Section 34. 238.03 (2) (e) of the statutes is amended to read:
SB205,14,1412 238.03 (2) (e) Annually and independently verify, from a sample of grants and,
13loans, and allocated tax benefits the accuracy of the information required to be
14reported under par. (c).
SB205,35 15Section 35. 238.045 of the statutes is created to read:
SB205,14,20 16238.045 Establishment of nonprofit organization. (1) Definition. In this
17section, "nonprofit organization" means a nonprofit corporation, as defined in s.
18181.0103 (17), and any organization described in section 501 (c) (3) of the Internal
19Revenue Code that is exempt from federal income tax under section 501 (a) of the
20Internal Revenue Code.
SB205,14,22 21(2) Requirements. (a) The corporation may not establish a nonprofit
22organization except as provided in par. (b).
SB205,15,223 (b) 1. The chief executive officer of the corporation shall submit any plan for the
24corporation to establish a nonprofit organization to the joint committee on finance.

1That plan shall describe in detail the corporation's proposal to establish the nonprofit
2organization.
SB205,15,103 2. If, within 14 working days after the date the joint committee on finance
4receives the plan under subd. 1., the cochairpersons of the committee do not notify
5the chief executive officer of the corporation that the committee has scheduled a
6meeting to review the plan, the corporation may implement the plan. If, within 14
7working days after the date the committee receives the plan, the cochairpersons of
8the committee notify the chief executive officer that the committee has scheduled a
9meeting to review the plan, the corporation may implement the plan only upon
10approval by the committee.
SB205,36 11Section 36. 238.07 (2) (am) of the statutes is created to read:
SB205,15,1312 238.07 (2) (am) Quantifiable performance measures directly related to the
13purpose of the program including, when applicable, all of the following information:
SB205,15,1514 1. An accounting of the location, by municipality, of each job created or retained
15in the state in the previous fiscal year as a result of the program.
SB205,15,1716 2. An accounting of the industry classification, by municipality, of each job
17created or retained in the state as a result of the program.
SB205,37 18Section 37. 238.07 (2) (dm) of the statutes is created to read:
SB205,15,2119 238.07 (2) (dm) The total amount of tax benefits that the corporation allocated,
20and the total amount of tax benefits that the corporation verified to the department
21of revenue, under the program.
SB205,38 22Section 38. 238.07 (2) (fm) of the statutes is created to read:
SB205,15,2523 238.07 (2) (fm) An identification of each recipient of a tax benefit that was
24allocated by the corporation, and each recipient of a tax benefit that was verified by
25the corporation to the department of revenue, under the program.
SB205,39
1Section 39. 238.07 (2) (gm) of the statutes is created to read:
SB205,16,52 238.07 (2) (gm) The number of recipients of a grant, loan, or tax benefit under
3the program that satisfied the requirements under s. 238.03 (2) (c) and a list that
4identifies each recipient of a grant, loan, or tax benefit under the program that failed
5to satisfy those requirements.
SB205,40 6Section 40. 250.20 (1) (k) of the statutes is amended to read:
SB205,16,77 250.20 (1) (k) "State agency" has the meaning given in s. 16.70 (1e) 16.97 (1m).
SB205,41 8Section 41 . Nonstatutory provisions.
SB205,16,99 (1) Term limits; staggering of terms.
SB205,16,1310 (a) The current members of the board of directors of the Wisconsin Economic
11Development Corporation who are nominated by the governor shall no longer serve
12at the pleasure of the governor but shall have terms expiring as follows, in order from
13first to last based on the order in which the members were appointed:
SB205,16,14 141. The terms of 2 members shall expire on July 1, 2018.
SB205,16,15 152. The terms of 2 members shall expire on July 1, 2019.
SB205,16,16 163. The terms of 2 members shall expire on July 1, 2020.
SB205,16,2017 (b) The current member of the board of directors of the Wisconsin Economic
18Development Corporation who is employed in the private sector and appointed by the
19speaker of the assembly shall no longer serve at the pleasure of the speaker but shall
20have a term expiring on July 1, 2017.
SB205,16,2421 (c) The current member of the board of directors of the Wisconsin Economic
22Development Corporation who is employed in the private sector and appointed by the
23senate majority leader shall no longer serve at the pleasure of the majority leader but
24shall have a term expiring on July 1, 2017.
SB205,16,2525 (End)
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