SB148,82
1Section 82. 40.05 (4) (b) of the statutes is amended to read:
SB148,34,102 40.05 (4) (b) Except as provided under pars. (bc) and (bp), accumulated unused
3sick leave under ss. 13.121 (4), 36.30, 230.35 (2), 233.10, 238.04 (8), and 757.02 (5)
4and subch. V of ch. 111 of any eligible employee, and of any eligible employee of the
5Forward Wisconsin Development Authority,
shall, at the time of death, upon
6qualifying for an immediate annuity or for a lump sum payment under s. 40.25 (1)
7or upon termination of creditable service and qualifying as an eligible employee
8under s. 40.02 (25) (b) 6. or 10., be converted, at the employee's highest basic pay rate
9he or she received while employed by the state, to credits for payment of health
10insurance premiums on behalf of the employee or the employee's surviving insured
11dependents. Any supplemental compensation that is paid to a state employee who
12is classified under the state classified civil service as a teacher, teacher supervisor,
13or education director for the employee's completion of educational courses that have
14been approved by the employee's employer is considered as part of the employee's
15basic pay for purposes of this paragraph. The full premium for any eligible employee
16who is insured at the time of retirement, or for the surviving insured dependents of
17an eligible employee who is deceased, shall be deducted from the credits until the
18credits are exhausted and paid from the account under s. 40.04 (10), and then
19deducted from annuity payments, if the annuity is sufficient. The department shall
20provide for the direct payment of premiums by the insured to the insurer if the
21premium to be withheld exceeds the annuity payment. Upon conversion of an
22employee's unused sick leave to credits under this paragraph or par. (bf), the
23employee or, if the employee is deceased, the employee's surviving insured
24dependents may initiate deductions from those credits or may elect to delay
25initiation of deductions from those credits, but only if the employee or surviving

1insured dependents are covered by a comparable health insurance plan or policy
2during the period beginning on the date of the conversion and ending on the date on
3which the employee or surviving insured dependents later elect to initiate
4deductions from those credits. If an employee or an employee's surviving insured
5dependents elect to delay initiation of deductions from those credits, an employee or
6the employee's surviving insured dependents may only later elect to initiate
7deductions from those credits during the annual enrollment period under par. (be).
8A health insurance plan or policy is considered comparable if it provides hospital and
9medical benefits that are substantially equivalent to the standard health insurance
10plan established under s. 40.52 (1).
SB148,83 11Section 83. 40.05 (4) (bm) of the statutes is amended to read:
SB148,35,212 40.05 (4) (bm) Except as provided under par. (bp), accumulated unused sick
13leave under ss. 36.30 and 230.35 (2), or 233.10, or 238.04 (8) of any eligible employee,
14and of any eligible employee of the Forward Wisconsin Development Authority,
shall,
15upon request of the employee at the time the employee is subject to layoff under s.
1640.02 (40), be converted at the employee's highest basic pay rate he or she received
17while employed by the state to credits for payment of health insurance premiums on
18behalf of the employee. Any supplemental compensation that is paid to a state
19employee who is classified under the state classified civil service as a teacher, teacher
20supervisor or education director for the employee's completion of educational courses
21that have been approved by the employee's employer is considered as part of the
22employee's basic pay for purposes of this paragraph. The full amount of the required
23employee contribution for any eligible employee who is insured at the time of the
24layoff shall be deducted from the credits until the credits are exhausted, the

1employee is reemployed, or 5 years have elapsed from the date of layoff, whichever
2occurs first.
SB148,84 3Section 84. 40.05 (5) (b) 4. of the statutes is amended to read:
SB148,35,74 40.05 (5) (b) 4. The accrual and crediting of sick leave shall be determined in
5accordance with ss. 13.121 (4), 36.30, 230.35 (2), 233.10, 238.04 (8), and 757.02 (5)
6and subch. V of ch. 111 and in accordance with the policies and procedures of the
7Forward Wisconsin Development Authority for any of its employees it deems eligible
.
SB148,85 8Section 85. 40.62 (2) of the statutes is amended to read:
SB148,35,149 40.62 (2) Sick leave accumulation shall be determined in accordance with rules
10of the department, any collective bargaining agreement under subch. V of ch. 111,
11and ss. 13.121 (4), 36.30, 49.825 (4) (d) and (5) (d), 49.826 (4) (d), 230.35 (2), 233.10,
12238.04 (8), 757.02 (5) and 978.12 (3) and in accordance with the policies and
13procedures of the Forward Wisconsin Development Authority for any of its
14employees it deems eligible
.
SB148,86 15Section 86. 40.95 (1) (a) 1. of the statutes is amended to read:
SB148,35,1716 40.95 (1) (a) 1. The employee accrues accumulated unused sick leave under s.
1713.121 (4), 36.30, 230.35 (2), 233.10, 238.04 235.03 (8), or 757.02 (5).
SB148,87 18Section 87. 41.11 (1g) (b) (intro.) of the statutes is amended to read:
SB148,35,2219 41.11 (1g) (b) (intro.) The department, in consultation with the Wisconsin
20Economic Development Corporation
Forward Wisconsin Development Authority,
21shall do all of the following for each economic development program administered by
22the department:
SB148,88 23Section 88. 41.11 (1r) (a) of the statutes is amended to read:
SB148,36,3
141.11 (1r) (a) The department shall coordinate any economic development
2assistance with the Wisconsin Economic Development Corporation Forward
3Wisconsin Development Authority
.
SB148,89 4Section 89. 41.11 (1r) (b) of the statutes is amended to read:
SB148,36,135 41.11 (1r) (b) Annually, no later than October 1, the department shall submit
6to the joint legislative audit committee and to the appropriate standing committees
7of the legislature under s. 13.172 (3) a comprehensive report assessing economic
8development programs, as defined in sub. (1g) (a), administered by the department.
9The report shall include all of the information required under s. 238.07 235.016 (2).
10The department shall collaborate with the Wisconsin Economic Development
11Corporation
Forward Wisconsin Development Authority to make readily accessible
12to the public on an Internet-based system the information required under this
13subsection.
SB148,90 14Section 90. 41.60 (1) (c) of the statutes is amended to read:
SB148,36,2015 41.60 (1) (c) "Nonprofit business development organization" means a housing
16and community development authority created under s. 66.1335 (1), redevelopment
17corporation, as defined in s. 66.1301 (3) (s), redevelopment authority created under
18s. 66.1333 (3), community development corporation, as defined in s. 234.94 235.94
19(2), or any nonprofit organization whose primary purpose is to promote the economic
20development of a particular area or region in the state.
SB148,91 21Section 91. 45.31 (2) of the statutes is amended to read:
SB148,36,2322 45.31 (2) "Authority" means the Forward Wisconsin Housing and Economic
23Development Authority.
SB148,92 24Section 92. 45.34 (1) (a) 2. of the statutes is amended to read:
SB148,37,2
145.34 (1) (a) 2. A home and eligible rehabilitation of a home, as defined in s.
2234.49 235.49 (1) (d).
SB148,93 3Section 93. 45.37 (6) (b) of the statutes is amended to read:
SB148,37,114 45.37 (6) (b) Loans made under this section may be purchased by the authority
5from the veterans housing loan fund under s. 234.41 235.41. All receipts of interest,
6except amounts retained as servicing fees by the authorized lenders servicing the
7loans purchased by the authority, and principal on the loans, payments of losses by
8insurers not used for restoration of the property securing the loans, and any other
9collections, shall be deposited by the authority into the veterans housing bond
10redemption fund under s. 234.43 235.43 and shall be disbursed from the fund as
11provided in s. 234.43 235.43 (2).
SB148,94 12Section 94. 46.28 (1) (a) of the statutes is amended to read:
SB148,37,1413 46.28 (1) (a) "Authority" means the Forward Wisconsin Housing and Economic
14Development Authority created under ch. 234 235.
SB148,95 15Section 95. 46.28 (3) of the statutes is amended to read:
SB148,37,1716 46.28 (3) The department may authorize the authority to issue revenue bonds
17under s. 234.61 235.61 to finance any residential facility it approves under sub. (2).
SB148,96 18Section 96. 46.28 (4) of the statutes is amended to read:
SB148,37,2119 46.28 (4) The department may charge sponsors for administrative costs and
20expenses it incurs in exercising its powers and duties under this section and under
21s. 234.61 235.61.
SB148,97 22Section 97. 59.57 (1) (a) of the statutes is amended to read:
SB148,38,923 59.57 (1) (a) Subject to par. (b), the board may appropriate money for and create
24a county industrial development agency or to any nonprofit agency organized to
25engage or engaging in activities described in this paragraph, appoint an executive

1officer and provide a staff and facilities to promote and develop the resources of the
2county and of its component municipalities. To this end the agency may, without
3limitation because of enumeration, develop data regarding the industrial needs,
4advantages and sites in the county, acquaint the purchaser with the products of the
5county by promotional activities, coordinate its work with that of the county
6planning commission, the Wisconsin Economic Development Corporation Forward
7Wisconsin Development Authority
, and private credit development corporations,
8and do all things necessary to provide for the continued improvement of the
9industrial climate of the county.
SB148,98 10Section 98. 60.23 (4) (c) of the statutes is amended to read:
SB148,38,1311 60.23 (4) (c) Coordinate its activities with the county planning commission, the
12Wisconsin Economic Development Corporation Forward Wisconsin Development
13Authority
, and private credit development organizations.
SB148,99 14Section 99. 66.1015 (2) (intro.) of the statutes is amended to read:
SB148,38,1715 66.1015 (2) (intro.) This section does not prohibit a city, village, town, county,
16or housing authority or the Forward Wisconsin Housing and Economic Development
17Authority from doing any of the following:
SB148,100 18Section 100. 66.1103 (4m) (a) 1. of the statutes is amended to read:
SB148,38,2419 66.1103 (4m) (a) 1. The person, at least 30 days prior to entering into the
20revenue agreement, has given a notice of intent to enter into the agreement, on a
21form prescribed under s. 238.11   235.11 (1), to the Wisconsin Economic Development
22Corporation
Forward Wisconsin Development Authority and to any collective
23bargaining agent in this state with whom the person has a collective bargaining
24agreement.
SB148,101 25Section 101. 66.1103 (4m) (a) 2. of the statutes is amended to read:
SB148,39,7
166.1103 (4m) (a) 2. The municipality or county has received an estimate issued
2under s. 238.11   235.11 (5), and the Wisconsin Economic Development Corporation
3Forward Wisconsin Development Authority has estimated whether the project
4which the municipality or county would finance under the revenue agreement is
5expected to eliminate, create, or maintain jobs on the project site and elsewhere in
6this state and the net number of jobs expected to be eliminated, created, or
7maintained as a result of the project.
SB148,102 8Section 102. 66.1103 (4m) (b) of the statutes is amended to read:
SB148,39,169 66.1103 (4m) (b) Any revenue agreement which an eligible participant enters
10into with a municipality or county to finance a project shall require the eligible
11participant to submit to the Wisconsin Economic Development Corporation Forward
12Wisconsin Development Authority
within 12 months after the project is completed
13or 2 years after a revenue bond is issued to finance the project, whichever is sooner,
14on a form prescribed under s. 238.11   235.11 (1), the net number of jobs eliminated,
15created, or maintained on the project site and elsewhere in this state as a result of
16the project.
SB148,103 17Section 103. 66.1103 (4s) (a) 1. of the statutes is amended to read:
SB148,39,1918 66.1103 (4s) (a) 1. "Corporation" "Authority" means the Wisconsin Economic
19Development Corporation
Forward Wisconsin Development Authority.
SB148,104 20Section 104. 66.1103 (4s) (b) 3. of the statutes is amended to read:
SB148,39,2521 66.1103 (4s) (b) 3. The employer shall certify compliance with this subsection
22to the corporation authority, to the governing body of each municipality or county
23within which a lost job exists and to any collective bargaining agent in this state with
24which the employer has a collective bargaining agreement at the project site or at a
25site where a lost job exists.
SB148,105
1Section 105. 66.1103 (4s) (b) 4. of the statutes is amended to read:
SB148,40,72 66.1103 (4s) (b) 4. The employer shall submit a report to the corporation
3authority every 3 months during the first year after the construction of the project
4is completed. The reports shall provide information about new jobs, lost jobs, and
5offers of employment made to persons who were formerly employed at lost jobs. The
64th report shall be the final report. The form and content of the reports shall be
7prescribed by the corporation authority under par. (d).
SB148,106 8Section 106. 66.1103 (4s) (d) of the statutes is amended to read:
SB148,40,109 66.1103 (4s) (d) The corporation authority shall administer this subsection and
10shall prescribe forms for certification and reports under par. (b).
SB148,107 11Section 107. 66.1103 (10) (c) of the statutes is amended to read:
SB148,40,2012 66.1103 (10) (c) A copy of the initial resolution together with a statement
13indicating when the public notice required under par. (b) was published shall be filed
14with the Wisconsin Economic Development Corporation Forward Wisconsin
15Development Authority
within 20 days following publication of notice. Prior to the
16closing of the bond issue, the corporation authority may require additional
17information from the eligible participant or the municipality or county. After the
18closing of the bond issue, the corporation authority shall be notified of the closing
19date, any substantive changes made to documents previously filed with the
20corporation authority, and the principal amount of the financing.
SB148,108 21Section 108. 66.1103 (10) (g) of the statutes is amended to read:
SB148,41,222 66.1103 (10) (g) Bonds may not be issued unless prior to adoption of an initial
23resolution a document which provides a good faith estimate of attorney fees which
24will be paid from bond proceeds is filed with the clerk of the municipality or county

1and the Wisconsin Economic Development Corporation Forward Wisconsin
2Development Authority
.
SB148,109 3Section 109. 66.1107 (2) (a) of the statutes is amended to read:
SB148,41,124 66.1107 (2) (a) Holding of a public hearing by the planning commission or by
5the local governing body at which interested parties are afforded a reasonable
6opportunity to express their views on the proposed designation and boundaries of a
7reinvestment neighborhood or area. Notice of the hearing shall be published as a
8class 2 notice, under ch. 985. Before publication, a copy of the notice shall be sent
9by 1st class mail to the Forward Wisconsin Housing and Economic Development
10Authority, and a copy shall be posted in each school building and in at least 3 other
11places of public assembly within the reinvestment neighborhood or area proposed to
12be designated.
SB148,110 13Section 110. 66.1201 (16) (a) of the statutes is amended to read:
SB148,41,1514 66.1201 (16) (a) In this subsection, "government" includes the Forward
15Wisconsin Housing and Economic Development Authority.
SB148,111 16Section 111. 66.1205 (3) of the statutes is amended to read:
SB148,41,1917 66.1205 (3) Subsection (1) (a) and (c) does not apply in the case of housing
18projects to the financing of which the Forward Wisconsin Housing and Economic
19Development Authority is a party, as to which ch. 234 235 shall be controlling.
SB148,112 20Section 112. 66.1213 (7) (b) of the statutes is amended to read:
SB148,41,2321 66.1213 (7) (b) As set down by the Forward Wisconsin Housing and Economic
22Development Authority in accordance with ch. 234 235 in the case of housing projects
23to the financing of which it is a party.
SB148,113 24Section 113. 70.11 (4b) (b) of the statutes is amended to read:
SB148,42,2
170.11 (4b) (b) It is financed by the Housing and Economic Development
2Authority under s. 234.03 (13), 2013 stats.
SB148,114 3Section 114. 70.11 (4b) (c) of the statutes is amended to read:
SB148,42,54 70.11 (4b) (c) The Housing and Economic Forward Wisconsin Development
5Authority holds a first-lien mortgage security interest on it.
SB148,115 6Section 115. 70.11 (38r) of the statutes is amended to read:
SB148,42,117 70.11 (38r) Economic Development Corporation Forward Authority. All
8property owned by the Wisconsin Economic Development Corporation Forward
9Wisconsin Development Authority
, provided that use of the property is primarily
10related to the purposes of the Wisconsin Economic Development Corporation
11Forward Wisconsin Development Authority.
SB148,116 12Section 116. 71.05 (1) (c) 1. of the statutes is amended to read:
SB148,42,1613 71.05 (1) (c) 1. The Wisconsin Housing and Economic Development Authority
14under s. 234.65, 2013 stats., if the bonds are used to fund an economic development
15loan to finance construction, renovation, or development of property that would be
16exempt under s. 70.11 (36).
SB148,117 17Section 117. 71.05 (1) (c) 1m. of the statutes is amended to read:
SB148,42,2218 71.05 (1) (c) 1m. The Wisconsin Housing and Economic Development Authority
19under s. 234.08, 2013 stats., or s. 234.61, 2013 stats., on or after January 1, 2004, or
20the Forward Wisconsin Development Authority under s. 235.02 or 235.61,
if the
21bonds or notes are issued to fund multifamily affordable housing projects or elderly
22housing projects.
SB148,118 23Section 118. 71.05 (1) (c) 10. a. of the statutes is amended to read:
SB148,43,324 71.05 (1) (c) 10. a. The bonds or notes are used to fund multifamily affordable
25housing projects or elderly housing projects in this state, and the Wisconsin Housing

1and Economic Development Authority under ch. 234, 2013 stats., or the Forward
2Wisconsin Development Authority
has the authority to issue its bonds or notes for
3the project being funded.
SB148,119 4Section 119. 71.05 (1) (c) 12. of the statutes is amended to read:
SB148,43,85 71.05 (1) (c) 12. The Wisconsin Housing and Economic Development Authority
6or the Forward Wisconsin Development Authority, if the bonds or notes are issued
7to provide loans to a public affairs network under s. 234.75 (4), 2013 stats., or s.
8235.75 (4)
.
SB148,120 9Section 120. 71.07 (2dm) (a) 1. of the statutes is amended to read:
SB148,43,1410 71.07 (2dm) (a) 1. "Certified" means entitled under s. 235.395 (3) (a) 4. or s.
11238.395 (3) (a) 4., 2013 stats., or s. 560.795 (3) (a) 4., 2009 stats., to claim tax benefits
12or certified under s. 235.395 (5), 235.398 (5), or 235.3995 (4) or s. 238.395 (5), 2013
13stats., s.
238.398 (5), 2013 stats., or s. 238.3995 (4), 2013 stats., or s. 560.795 (5), 2009
14stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats.
SB148,121 15Section 121. 71.07 (2dm) (a) 3. of the statutes is amended to read:
SB148,43,2016 71.07 (2dm) (a) 3. "Development zone" means a development opportunity zone
17under   s. 235.395 (1) (e) and (f) or 235.398 or s. 238.395 (1) (e) and (f), 2013 stats., or
18s. 238.398, 2013 stats., or s. 560.795 (1) (e) and (f), 2009 stats., or s. 560.798, 2009
19stats., or an airport development zone under s. 235.3995 or s. 238.3995, 2013 stats.,
20or s. 560.7995, 2009 stats.
SB148,122 21Section 122. 71.07 (2dm) (a) 4. of the statutes is amended to read:
SB148,44,622 71.07 (2dm) (a) 4. "Previously owned property" means real property that the
23claimant or a related person owned during the 2 years prior to the department of
24commerce or the Wisconsin Economic Development Corporation or the Forward
25Wisconsin Development Authority
designating the place where the property is

1located as a development zone and for which the claimant may not deduct a loss from
2the sale of the property to, or an exchange of the property with, the related person
3under section 267 of the Internal Revenue Code, except that section 267 (b) of the
4Internal Revenue Code is modified so that if the claimant owns any part of the
5property, rather than 50% ownership, the claimant is subject to section 267 (a) (1) of
6the Internal Revenue Code for purposes of this subsection.
SB148,123 7Section 123. 71.07 (2dm) (f) 1. of the statutes is amended to read:
SB148,44,128 71.07 (2dm) (f) 1. A copy of the verification that the claimant may claim tax
9benefits under s. 235.395 (3) (a) 4. or s. 238.395 (3) (a) 4., 2013 stats., or s. 560.795
10(3) (a) 4., 2009 stats., or is certified under s. 235.395 (5), 235.398 (3), or 235.3995 (4)
11or
s. 238.395 (5), 2013 stats., s. 238.398 (3) , 2013 stats., or s. 238.3995 (4), 2013 stats.,
12or s. 560.795 (5), 2009 stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats.
SB148,124 13Section 124. 71.07 (2dm) (f) 2. of the statutes is amended to read:
SB148,44,1714 71.07 (2dm) (f) 2. A statement from the department of commerce or the
15Wisconsin Economic Development Corporation or the Forward Wisconsin
16Development Authority
verifying the purchase price of the investment and verifying
17that the investment fulfills the requirements under par. (b).
SB148,125 18Section 125. 71.07 (2dm) (i) of the statutes is amended to read:
SB148,45,819 71.07 (2dm) (i) Partnerships, limited liability companies, and tax-option
20corporations may not claim the credit under this subsection, but the eligibility for,
21and the amount of, that credit shall be determined on the basis of their economic
22activity, not that of their shareholders, partners, or members. The corporation,
23partnership, or limited liability company shall compute the amount of credit that
24may be claimed by each of its shareholders, partners, or members and provide that
25information to its shareholders, partners, or members. Partners, members of limited

1liability companies, and shareholders of tax-option corporations may claim the
2credit based on the partnership's, company's, or corporation's activities in proportion
3to their ownership interest and may offset it against the tax attributable to their
4income from the partnership's, company's, or corporation's business operations in the
5development zone; except that partners, members, and shareholders in a
6development zone under s. 235.395 (1) (e) or s. 238.395 (1) (e), 2013 stats., or s.
7560.795 (1) (e), 2009 stats., may offset the credit against the amount of the tax
8attributable to their income.
SB148,126 9Section 126. 71.07 (2dm) (j) of the statutes is amended to read:
Loading...
Loading...