AB133-SSA1,1379,2121 1. A total of $960,000 in grants that do not exceed $300,000.
AB133-SSA1,1379,2322 2. A total of $2,240,000 in grants that are greater than $300,000 but that do
23not exceed $700,000.
AB133-SSA1,1379,2524 3. A total of $3,200,000 in grants that are greater than $700,000 but that do
25not exceed $1,250,000.
AB133-SSA1, s. 2946m
1Section 2946m. 560.13 (4) (d) of the statutes is created to read:
AB133-SSA1,1380,52 560.13 (4) (d) The department shall award 50% of the amount required to be
3awarded in a fiscal year for projects, such as housing and recreational projects, for
4which the grant applications are evaluated without consideration of the number of
5jobs that will be created by the projects.
AB133-SSA1, s. 2948c 6Section 2948c. 560.13 (6m) of the statutes is created to read:
AB133-SSA1,1380,107 560.13 (6m) Receipt of a grant under this section shall not render the recipient
8ineligible for a loan or any other grant awarded by the state, unless under the
9eligibility criteria of the loan or other grant the recipient is excluded by virtue of
10having received the grant.
AB133-SSA1, s. 2952 11Section 2952. 560.137 of the statutes is created to read:
AB133-SSA1,1380,13 12560.137 Gaming economic development grants and loans. (1) In this
13section:
AB133-SSA1,1380,1714 (a) "Native American business" means a sole proprietorship, partnership,
15limited liability company, joint venture or corporation that is at least 51% owned,
16controlled and actively managed by a member or members of a federally recognized
17American Indian tribe or band in this state.
AB133-SSA1,1380,1818 (b) "Professional services" has the meaning given in s. 560.17 (1) (c).
AB133-SSA1,1380,2019 (c) "Qualified business" means an existing business, including a Native
20American business, that is located in this state.
AB133-SSA1,1380,22 21(2) Subject to subs. (3), (4) and (5), from the appropriations under s. 20.143 (1)
22(ig) and (kj), the department may do all of the following:
AB133-SSA1,1380,2423 (a) Make a grant that does not exceed $15,000 to a qualified business for
24professional services.
AB133-SSA1,1381,2
1(b) Make a grant or loan that does not exceed $100,000 to a qualified business
2for fixed asset financing.
AB133-SSA1,1381,4 3(3) The department may not make a grant or loan to a qualified business under
4this section unless the department determines all of the following:
AB133-SSA1,1381,65 (a) That the qualified business has been negatively impacted by the existence
6of a casino.
AB133-SSA1,1381,87 (b) That the qualified business has a legitimate need for the grant or loan to
8improve the profitability of the business.
AB133-SSA1,1381,13 9(4) As a condition of approval of a grant or loan under this section, the
10department shall require that the qualified business provide matching funds for at
11least 25% of the cost of the project. The department may waive the requirement
12under this subsection if the department determines that the qualified business is
13subject to extreme financial hardship.
AB133-SSA1,1381,16 14(5) The department may not award a grant or loan under this section to a
15qualified business for any purpose that is related to tourism unless the department
16of tourism concurs in the award.
AB133-SSA1,1381,18 17(6) (a) The department shall deposit into the appropriation account under s.
1820.143 (1) (ig) all moneys received in repayment of loans made under this section.
AB133-SSA1,1381,2019 (b) The department may forgive all or any part of a loan made under this
20section.
AB133-SSA1, s. 2953 21Section 2953. 560.138 of the statutes is created to read:
AB133-SSA1,1381,22 22560.138 Gaming economic diversification grants and loans. (1) In this
AB133-SSA1,1381,2323 section:
AB133-SSA1,1382,224 (a) "Native American business" means a sole proprietorship, partnership,
25limited liability company, joint venture or corporation that is at least 51% owned,

1controlled and actively managed by a member or members of a federally recognized
2American Indian tribe or band in this state.
AB133-SSA1,1382,43 (b) "Qualified business" means an existing business, including a Native
4American business, that is located in or expanding into this state.
AB133-SSA1,1382,7 5(2) (a) Subject to subs. (3) and (4), from the appropriations under s. 20.143 (1)
6(id) and (km), the department may make a grant or loan to a qualified business for
7a project for the purpose of diversifying the economy of a community.
AB133-SSA1,1382,98 (b) In determining whether to award a grant or loan under this section, the
9department shall consider all of the following:
AB133-SSA1,1382,1010 1. A project's potential to retain or increase the number of jobs.
AB133-SSA1,1382,1111 2. A project's potential to provide for significant capital investment.
AB133-SSA1,1382,1212 3. A project's contribution to the economy of the community.
AB133-SSA1,1382,15 13(3) As a condition of approval of a grant or loan under this section, the
14department shall require that a qualified business provide matching funds for at
15least 25% of the cost of a project.
AB133-SSA1,1382,18 16(4) The department may not award a grant or loan under this section to a
17qualified business for any purpose that is related to tourism unless the department
18of tourism concurs in the award.
AB133-SSA1,1382,20 19(5) The department shall deposit into the appropriation account under s.
2020.143 (1) (id) all moneys received in repayment of loans made under this section.
AB133-SSA1, s. 2953g 21Section 2953g. 560.139 of the statutes is created to read:
AB133-SSA1,1383,4 22560.139 Economic development grants. (1) Remediation and economic
23redevelopment.
(a) Subject to par. (b), from the appropriation under s. 20.143 (1)
24(kj), the department shall make grants annually to the city of Milwaukee to fund a
25program to be administered by the Milwaukee Economic Development Corporation.

1Under the program, the Milwaukee Economic Development Corporation shall
2provide grants to persons for remediation and economic redevelopment projects in
3the Menomonee valley. A person may not receive a grant unless the person provides
4matching funds for at least 50% of the cost of the project.
AB133-SSA1,1383,65 (b) The department may not expend more than $1,000,000 in grants to the city
6of Milwaukee under this subsection annually.
AB133-SSA1,1383,13 7(2) Community-based venture fund. (a) From the appropriation under s.
820.143 (1) (kj), the department shall make grants to the Northwest Regional
9Planning Commission to match federal or private funds for the purpose of
10establishing a community-based venture fund. Subject to par. (b), the department
11shall provide grants each year in an amount that equals 50% of the total amount that
12the Northwest Regional Planning Commission receives in the year from federal or
13private sources for the community-based venture fund.
AB133-SSA1,1383,1514 (b) The department may not expend more than $150,000 in grants under this
15subsection annually.
AB133-SSA1, s. 2953h 16Section 2953h. 560.139 (1) (a) of the statutes, as created by 1999 Wisconsin
17Act .... (this act), is amended to read:
AB133-SSA1,1383,2518 560.139 (1) (a) Subject to par. (b), from the appropriation under s. 20.143 (1)
19(kj) or (km) or from both appropriations, the department shall make grants annually
20to the city of Milwaukee to fund a program to be administered by the Milwaukee
21Economic Development Corporation. Under the program, the Milwaukee Economic
22Development Corporation shall provide grants to persons for remediation and
23economic redevelopment projects in the Menomonee valley. A person may not receive
24a grant unless the person provides matching funds for at least 50% of the cost of the
25project.
AB133-SSA1, s. 2953i
1Section 2953i. 560.139 (2) (a) of the statutes, as created by 1999 Wisconsin Act
2.... (this act), is amended to read:
AB133-SSA1,1384,93 560.139 (2) (a) From the appropriation under s. 20.143 (1) (kj) or (km) or from
4both appropriations
, the department shall make grants to the Northwest Regional
5Planning Commission to match federal or private funds for the purpose of
6establishing a community-based venture fund. Subject to par. (b), the department
7shall provide grants each year in an amount that equals 50% of the total amount that
8the Northwest Regional Planning Commission receives in the year from federal or
9private sources for the community-based venture fund.
AB133-SSA1, s. 2954 10Section 2954. 560.14 (4) (a) of the statutes is renumbered 560.14 (4), and
11560.14 (4) (intro.), (f) and (g), as renumbered, are amended to read:
AB133-SSA1,1384,1512 560.14 (4) (intro.) Subject to par. (b), the The department may make a grant
13under this subsection from the appropriation under s. 20.143 (1) (fg) to a
14community-based organization for regional economic development activity if all of
15the following apply:
AB133-SSA1,1384,2016 (f) The applicants submit a plan that describes the economic development
17activity, how the economic development activity satisfies the criteria under this
18paragraph subsection, how the grant will be administered and how the grant
19proceeds will be used to support the economic development activity; and the
20secretary approves the plan.
AB133-SSA1,1384,2221 (g) The applicants provide documentation of the contributions required under
22subd. 5 par. (e).
AB133-SSA1, s. 2955 23Section 2955. 560.14 (4) (b) of the statutes is repealed.
AB133-SSA1, s. 2955m 24Section 2955m. 560.17 (5r) of the statutes is created to read:
AB133-SSA1,1385,2
1560.17 (5r) (a) Under this subsection, the board may award to a business a loan
2that does not exceed $50,000 if all of the following apply:
AB133-SSA1,1385,43 1. The business, together with any affiliate, subsidiary or parent entity, has
4fewer than 50 employes.
AB133-SSA1,1385,55 2. The business is or will be located in a rural municipality.
AB133-SSA1,1385,76 3. The rural municipality in which the business is or will be located satisfies
7either of the following criteria:
AB133-SSA1,1385,98 a. The rural municipality is located in a county that has a median household
9income that is lower than the state median household income.
AB133-SSA1,1385,1310 b. If the rural municipality is located in a county that has a median household
11income that is higher than the state median household income, the rural
12municipality has a median household income that is lower than the county median
13household income.
AB133-SSA1,1385,1414 4. The business is starting or expanding its operations.
AB133-SSA1,1385,1515 5. The operations of the business do not involve metallic mining activities.
AB133-SSA1,1385,1816 6. The owner of the business attends a class that provides instruction in writing
17a business plan, making a business loan application and managing a start-up
18business.
AB133-SSA1,1385,2319 (b) A business applying for a loan under this subsection must submit an
20application package that includes a business plan and such personal and business
21financial information as the board requires to enable the board to assess sufficiently
22the potential viability of the business. The department shall assist a business in
23preparing an application.
AB133-SSA1,1385,2524 (c) A business that receives a loan under this subsection may use the loan
25proceeds for any of the following purposes:
AB133-SSA1,1386,1
11. The purchase or improvement of land.
AB133-SSA1,1386,32 2. The purchase of buildings, furniture, fixtures, machinery, equipment or
3inventory.
AB133-SSA1,1386,44 3. Job training costs.
AB133-SSA1,1386,55 4. Employe relocation costs.
AB133-SSA1,1386,66 5. Working capital.
AB133-SSA1,1386,97 (d) If a business that receives a loan under this subsection uses the loan
8proceeds for employe relocation costs under par. (c) 4., the department shall ensure
9all of the following:
AB133-SSA1,1386,1110 1. That an employe of the business has the option of accepting or declining any
11relocation assistance that is available as a result of the loan.
AB133-SSA1,1386,1312 2. That the compensation and benefits terms offered at the new location are at
13least as favorable as those offered by the business at its previous location.
AB133-SSA1, s. 2955p 14Section 2955p. 560.17 (6m) of the statutes is renumbered 560.17 (6m) (a) and
15amended to read:
AB133-SSA1,1386,1816 560.17 (6m) (a) In Except as provided in par. (b), in order to receive a grant or
17loan under this section a person or business shall contribute cash, from a source other
18than the state, in an amount that equals at least 25% of the total cost of the project.
AB133-SSA1, s. 2955q 19Section 2955q. 560.17 (6m) (b) of the statutes is created to read:
AB133-SSA1,1386,2520 560.17 (6m) (b) The board shall determine whether, and the extent to which,
21in order to receive a loan under sub. (5r), a business must contribute from a source
22other than the state a portion of the cost of the project, except that the board may not
23require a business to contribute more than 20% of the cost of the project. The
24contribution may be in cash or in kind. The board shall determine what services or
25materials may be used as in-kind contributions.
AB133-SSA1, s. 2955r
1Section 2955r. 560.17 (7) (a) of the statutes is amended to read:
AB133-SSA1,1387,82 560.17 (7) (a) Except as provided in par. (am), the department shall designate
3staff to evaluate applications for grants or loans and assist the board under this
4section. The board shall act on an application for a grant or loan at its next regularly
5scheduled meeting after the department determines that the application is complete,
6except that the board shall act on an application for a loan under sub. (5r) and advise
7the applicant of its decision within 45 days after the department determines that the
8application is complete
.
AB133-SSA1, s. 2956 9Section 2956. 560.175 of the statutes is created to read:
AB133-SSA1,1387,10 10560.175 Urban area early planning grants. (1) In this section:
AB133-SSA1,1387,1311 (a) "Early planning project" means the preliminary stages of considering and
12planning the expansion or start-up of a business that is or will be located in an urban
13area in this state.
AB133-SSA1,1387,1414 (b) "Urban area" means any of the following:
AB133-SSA1,1387,1615 1. A city, village or town that is located in a county with a population density
16of at least 150 persons per square mile.
AB133-SSA1,1387,1717 2. A city, village or town with a population of more than 6,000.
AB133-SSA1,1387,19 18(2) Subject to subs. (3) and (6), the department may make a grant from the
19appropriation under s. 20.143 (1) (c) to a person to fund an early planning project.
AB133-SSA1,1387,22 20(3) The department may not award a grant to a person under this section unless
21the person submits an application, in a form required by the department, that
22contains or describes all of the following:
AB133-SSA1,1387,2323 (a) The location of the new or expanding business.
AB133-SSA1,1387,2424 (b) The ownership structure of the new or expanding business.
AB133-SSA1,1387,2525 (c) The product or service provided by the new or expanding business.
AB133-SSA1,1388,1
1(d) The market for the product or service described in par. (c).
AB133-SSA1,1388,22 (e) Competition within the market described in par. (d).
AB133-SSA1,1388,33 (f) Any competitive advantages of the new or expanding business.
Loading...
Loading...