AB100-ASA1,1706,2121
560.16
(2) (title)
Employe ownership assistance loans grants
.
AB100-ASA1,1707,223
560.16
(2) (a) From the appropriations under s. 20.143 (1) (c) and (ie), the
24department may make
loans grants to existing business groups for a feasibility study
1to investigate the reorganization or new incorporation of an existing business as an
2employe-owned business and for professional services to implement the study.
AB100-ASA1,1707,64
560.16
(2) (b) The department may not make a
loan grant under this section
5unless the board has approved the
loan grant under this section or requested the
6department to make the grant under s. 560.61 (3).
AB100-ASA1,1707,98
560.16
(2) (c) (intro.) The board may not approve a
loan grant under this section
9unless the board has considered all of the following:
AB100-ASA1,1707,1311
560.16
(2) (d) The board may approve a
loan grant regardless of the number
12of employes laid off or to be laid off by the business or, if the business is closed, the
13length of time that it has been closed.
AB100-ASA1,1707,1715
560.16
(3) (title)
Loan
Grant applications. (intro.) To apply for a
loan grant 16under this section, a group shall submit an application to the department which
17includes:
AB100-ASA1,1707,2119
560.16
(3) (e) A description of the group's financial assets available to match
20the
loan grant and a statement indicating the group's willingness to match the
loan 21grant.
AB100-ASA1,1707,2523
560.16
(3) (f) A written commitment from a person with the recognized
24expertise and experience necessary to conduct the feasibility study or provide the
25professional services to be financed by the
loan
grant.
AB100-ASA1,1708,22
560.16
(4) (title)
Loan
Grant limits; contract approval.
AB100-ASA1,1708,64
560.16
(4) (a) A
loan grant to a group under this section may not exceed
$25,000
5unless the joint committee on finance, under s. 13.101 (5m), approves a specified
6amount exceeding $25,000 $15,000.
AB100-ASA1,1708,128
560.16
(4) (b) As a condition of approval of a
loan grant to a group under this
9section, the board shall require that the group provide matching funds for at least
1025% of the cost of the project, except that the board may waive application of that
11requirement if the board determines that the group is subject to extreme financial
12hardship.
AB100-ASA1,1708,1914
560.16
(4) (c) Any contract for any feasibility study or professional services
15financed by a
loan grant under sub. (2) (a) shall be subject to the approval of the
board 16department. The
board department may not approve such a contract unless it
17determines that the contractor has the expertise required to provide the necessary
18study or services and that the contractor's costs are consistent with existing market
19rates.
AB100-ASA1, s. 2992
21Section
2992. 560.16 (6) (a) (intro.) of the statutes is amended to read:
AB100-ASA1,1708,2322
560.16
(6) (a) (intro.) Any feasibility study of an existing business financed by
23a
loan grant under sub. (2) (a)
shall may include:
AB100-ASA1,1709,7
1560.16
(6) (b) The results of a feasibility study of an existing business financed
2by a
loan grant under sub. (2) (a) shall be solely for the use of the group which received
3the
loan grant, except that if the group's bid to purchase the business has been
4withdrawn, rejected or terminated, the group shall submit a copy of the study and
5the results of any professional services financed by the
loan grant to the board and
6the board may provide a copy of such results to any person seeking to purchase the
7existing business.
AB100-ASA1,1709,13
9560.165 Division of international and export development; fees. The
10division of international and export development may charge fees for services it
11provides to cover the costs incurred by the division in providing the services. The
12division shall deposit all fees collected under this section in the appropriation
13account under s. 20.143 (1) (g).
AB100-ASA1,1709,1515
560.17
(1) (am) "Brownfields" has the meaning given in s. 560.60 (1v).
AB100-ASA1,1709,1717
560.17
(1) (bm) "Job" has the meaning given in s. 560.60 (10).
AB100-ASA1,1709,1919
560.17
(1) (d) 2. A city, town or village with a population of
4,000 6,000 or less.
AB100-ASA1,1709,2421
560.17
(2) (b) The department shall make the grant or loan
, except for a grant
22under sub. (5c), from the appropriation under s. 20.143 (1) (er) or (ir).
The
23department shall make a grant under sub. (5c) from the appropriation under s.
2420.143 (1) (g).
AB100-ASA1,1710,2
1560.17
(3) (intro.)
The
Subject to sub. (4m), the board may award a grant
or loan 2under this subsection to a business if all of the following apply:
AB100-ASA1,1710,44
560.17
(3) (a) The amount of the grant
or loan does not exceed
$30,000 $15,000.
AB100-ASA1,1710,76
560.17
(3) (b) The business, together with any affiliate, subsidiary or parent
7entity, has fewer than
25 50 employes.
AB100-ASA1,1710,109
560.17
(3) (e) The proceeds of the grant
or loan will be used by the business as
10provided in sub. (5).
AB100-ASA1,1710,1312
560.17
(4) (c) The number of new jobs created by the business in relation to the
13amount of the grant
or loan.
AB100-ASA1,1710,1715
560.17
(4) (cm) In relation to the amount of the grant, the number of existing
16jobs that will be retained by the business if the grant is awarded and that likely would
17not be retained if the grant is not awarded.
AB100-ASA1,1710,2019
560.17
(4) (f) Whether the business would be able to start or expand its
20operations without a grant
or loan.
AB100-ASA1,1711,222
560.17
(4m) Of the total amount awarded in grants in a fiscal biennium under
23sub. (3), the board shall award not less than 25% and not more than 50% for purposes
24related to an agricultural business. The board shall give priority under this
1subsection for grants that will be used for purposes related to a dairy farm, as defined
2in s. 97.22 (1) (a).
AB100-ASA1,1711,54
560.17
(5) (intro.) A business shall use the proceeds of a grant
or loan under
5sub. (3) to pay for any of the following:
AB100-ASA1,1711,107
560.17
(5c) (a)
Subject to par. (b), the board may award a grant under this
8subsection to a person or business proposing to start up, modernize or expand in this
9state a dairy farm, as defined in s. 97.22 (1) (a), or other agricultural business if all
10of the following apply:
AB100-ASA1,1711,1211
1. The dairy farm or other agricultural business is or will be owned by the
12person or business.
AB100-ASA1,1711,1313
2. The amount of the grant does not exceed $15,000.
AB100-ASA1,1711,1814
3. The grant proceeds will be used to pay for services related to the start-up,
15modernization or expansion of the dairy farm or other agricultural business, or for
16management assistance, as defined in s. 560.20 (1) (cf), continuing after the
17completion of the start-up, modernization or expansion of the dairy farm or other
18agricultural business.
AB100-ASA1,1711,2019
4. The grant is likely to result in the start-up, modernization or expansion of
20the dairy farm or other agricultural business.
AB100-ASA1,1711,2221
(b) The total amount of grants awarded under this subsection in any fiscal year
22may not exceed $200,000.
AB100-ASA1, s. 3008
23Section
3008. 560.17 (5m) (a) (intro.) of the statutes is amended to read:
AB100-ASA1,1712,3
1560.17
(5m) (a) (intro.) Subject to par.
(c) (cm), the board may award a
grant
2or loan under this subsection that does not exceed
$25,000 $100,000 to a business if
3all of the following apply:
AB100-ASA1,1712,65
560.17
(5m) (a) 1. The business, together with any affiliate, subsidiary or
6parent entity, has fewer than
25 50 employes.
AB100-ASA1,1712,108
560.17
(5m) (a) 4. The business
received a grant or loan under sub. (3) and with
9the proceeds successfully
demonstrated its demonstrates the feasibility
of the
10project.
AB100-ASA1, s. 3011
11Section
3011. 560.17 (5m) (b) (intro.) of the statutes is amended to read:
AB100-ASA1,1712,1312
560.17
(5m) (b) (intro.) A business shall use the proceeds of a
grant or loan
13under this subsection for any of the following:
AB100-ASA1,1712,1815
560.17
(5m) (bm) If a business receives a
grant or loan under this subsection
16for the purpose specified in par. (b) 3., the department shall ensure that an employe
17of the business has the option of accepting or declining any relocation assistance that
18is available as a result of the
grant or loan.
AB100-ASA1,1712,2521
560.17
(5m) (cm) Of the total amount awarded in grants and loans in a fiscal
22biennium under this subsection, the board shall award not less than 25% and not
23more than 50% for purposes related to an agricultural business. The board shall give
24priority under this paragraph for grants or loans that will be used for purposes
25related to a dairy farm, as defined in 97.22 (1) (a).
AB100-ASA1, s. 3015
1Section
3015. 560.17 (6m) of the statutes is repealed and recreated to read:
AB100-ASA1,1713,42
560.17
(6m) In order to receive a grant or loan under this section a person or
3business shall contribute cash, from a source other than the state, in an amount that
4equals at least 25% of the total cost of the project.
AB100-ASA1,1713,76
560.17
(6r) The board shall give priority for grants or loans under this section
7for projects related to brownfields redevelopment.
AB100-ASA1,1713,139
560.17
(7) (a)
The Except as provided in par. (am), the department shall
10designate staff to evaluate applications for grants or loans and assist the board under
11this section. The board shall act on an application for a grant or loan at its next
12regularly scheduled meeting after the department determines that the application
13is complete.
AB100-ASA1,1713,1815
560.17
(7) (am) The department of commerce and the department of
16agriculture, trade and consumer protection shall designate staff to evaluate
17applications for grants or loans for purposes related to agricultural businesses and
18to make recommendations and assist the board with respect to those applications.
AB100-ASA1,1714,2
20560.18 Forestry education grant program. (1) From the appropriation
21under s. 20.143 (1) (t), the department may award grants to nonprofit organizations,
22as defined in s. 560.20 (1) (d), to develop forestry educational programs and
23instructional materials for use in the public schools. The department may not award
24a grant unless it enters into a memorandum of understanding with the grant
1recipient and the director of the timber management program at the University of
2Wisconsin-Stevens Point regarding the use of the funds.
AB100-ASA1,1714,7
3(2) The recipient of a grant under sub. (1) shall submit the programs and
4materials developed with the funds to the department and the director of the timber
5management program at the University of Wisconsin-Stevens Point College of
6Natural Resources for approval. Upon request, the grant recipient shall provide
7approved programs and materials to school districts free of charge.
