Amendment AA24-ASA1-AB768

ASSEMBLY AMENDMENT 24, TO ASSEMBLY SUBSTITUTE AMENDMENT 1, TO 1997 ASSEMBLY BILL 768

May 6, 1998 - Offered by Representative Springer.

AB768-ASA1-AA24,1,1 At the locations indicated, amend the substitute amendment as follows:

AB768-ASA1-AA24,1,3 1. Page 11, line 22: after "development;" insert "grants to cities and villages for property acquisition and relocation benefits;".

AB768-ASA1-AA24,1,4 2. Page 26, line 11: after that line insert: - See PDF for table

AB768-ASA1-AA24,1,5 3. Page 30, line 2: after that line insert:

AB768-ASA1-AA24,1,6 " Section 24c. 20.143 (1) (cr) of the statutes is created to read:

AB768-ASA1-AA24,2,4 20.143 (1) (cr) Property acquisition and relocation benefits grant program. Biennially, the amounts in the schedule for the grants under 1997 Wisconsin Act .... (this act), section 9110 (3f). No moneys may be encumbered under this paragraph after June 30, 1999.".

AB768-ASA1-AA24,2,5 4. Page 509, line 23: after that line insert:

AB768-ASA1-AA24,2,6 "(3f) Grants for property acquisition and relocation benefits.

AB768-ASA1-AA24,2,7 (a) In this subsection:

AB768-ASA1-AA24,2,8 1. "Department" means the department of commerce.

AB768-ASA1-AA24,2,11 2. "Eligible city or village" means a city or village in this state that has a population of less than 15,000 and that has created a tax incremental district under section 66.46 of the statutes.

AB768-ASA1-AA24,2,13 3. "Relocation benefits" means payments specified in section 32.19 of the statutes and reimbursements specified in section 32.195 of the statutes.

AB768-ASA1-AA24,2,14 4. "Secretary" means the secretary of commerce.

AB768-ASA1-AA24,2,17 (b) Subject to paragraphs (e) and (f), the department may make a grant of not more than $1,500,000 from the appropriation under section 20.143 (1) (cr) of the statutes, as created by this act, to an eligible city or village if all of the following apply:

AB768-ASA1-AA24,2,19 1. The eligible city or village uses the grant proceeds for any of the purposes specified in paragraph (c).

AB768-ASA1-AA24,2,21 2. The eligible city or village submits a plan to the department detailing the proposed use of the grant and the secretary approves the plan.

AB768-ASA1-AA24,2,24 3. The eligible city or village enters into a written agreement with the department that specifies the conditions for use of the grant proceeds, including reporting and auditing requirements.

AB768-ASA1-AA24,3,2 4. The eligible city or village agrees in writing to submit to the department the report required under paragraph (d) by the time required under paragraph (d).

AB768-ASA1-AA24,3,4 (c) A grant under this subsection may be used only for any of the following purposes:

AB768-ASA1-AA24,3,7 1. To acquire real property that is located in the eligible city or village in an area that is completely surrounded by a tax incremental district created by the eligible city or village.

AB768-ASA1-AA24,3,9 2. To provide relocation benefits to persons entitled to such benefits as a result of the acquisition of real property under subdivision 1.

AB768-ASA1-AA24,3,12 (d) An eligible city or village that receives a grant under this subsection shall submit to the department, within 6 months after spending the full amount of the grant, a report detailing how the grant proceeds were used.

AB768-ASA1-AA24,3,14 (e) The total amount of grants awarded under this subsection may not exceed $5,000,000.

AB768-ASA1-AA24,3,16 (f) The department may not pay grant proceeds under this subsection after June 30, 1999.".

AB768-ASA1-AA24,3,17 (End)