2005 WISCONSIN ACT 227
An Act to amend 59.57 (2) (c) 3. and 59.57 (2) (f) (intro.); and to create 59.57 (2) (fm) of the statutes; relating to: changing the definition of industrial development project, and limiting the scope of certain projects, under the Industrial Development Law.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
227,1
Section
1. 59.57 (2) (c) 3. of the statutes is amended to read:
59.57 (2) (c) 3. "Industrial development project" means any site, structure, facility, or undertaking comprising or being connected with or being a part of an industrial or, manufacturing, commercial, retail, agribusiness, or service-related enterprise established or to be established by an industrial development agency.
227,2
Section
2. 59.57 (2) (f) (intro.) of the statutes is amended to read:
59.57 (2) (f) Operating authority of industrial development agencies. (intro.) The Subject to par. (fm), the agency is granted all operating authority necessary or incidental to carrying out and effectuating the purposes of this subsection including, without limitation because of enumeration, the following:
227,3
Section
3. 59.57 (2) (fm) of the statutes is created to read:
59.57 (2) (fm) Limitations on authority of industrial development agencies. No agency may take any action under par. (f) 2. for an industrial development project that is a commercial, retail, agribusiness, or service-related enterprise.