LRBa0725/1
PJK:hmh:jf
2001 - 2002 LEGISLATURE
ASSEMBLY AMENDMENT 1,
TO 2001 ASSEMBLY BILL 576
October 17, 2001 - Offered by Representative Stone, by request of Governor Scott
McCallum.
AB576-AA1,1,11 At the locations indicated, amend the bill as follows:
AB576-AA1,1,2 21. Page 4, line 18: after that line insert:
AB576-AA1,1,3 3" Section 3m. 20.143 (1) (cm) of the statutes is created to read:
AB576-AA1,1,94 20.143 (1) (cm) Economic development assistance. A sum sufficient equal to the
5amounts transferred to the general fund under s. 234.93 (4) (a) that relate to the
6program under s. 234.80, but not exceeding $475,000 in the aggregate, for grants
7under ss. 560.145, 560.16, 560.175, and 560.26; for grants and loans under ss. 560.62,
8560.63, and 560.66; for loans under s. 560.147; for reimbursements under s. 560.167;
9and for providing assistance under s. 560.06.".
AB576-AA1,1,10 102. Page 9, line 4: after that line insert:
AB576-AA1,1,12 11" Section 15c. 560.06 (2) of the statutes, as affected by 2001 Wisconsin Act 16,
12is amended to read:
AB576-AA1,2,8
1560.06 (2) In each fiscal year, the department shall provide $100,000 from the
2appropriations under s. 20.143 (1) (c), (cm), and (ie) in assistance to the nonprofit
3organization specified in sub. (1) that provides assistance to organizations and
4individuals in urban areas. Notwithstanding sub. (1), the department shall use the
5moneys authorized under this subsection in accordance with the memorandum of
6understanding under sub. (1) and shall ensure that the nonprofit organization
7provides assistance to organizations and individuals in an area that includes the city
8of Beloit.
AB576-AA1, s. 15e 9Section 15e. 560.145 (1) (intro.) of the statutes is amended to read:
AB576-AA1,2,1210 560.145 (1) Grants. (intro.) Subject to sub. (3), the department may make a
11grant to a person from the appropriation appropriations under s. 20.143 (1) (c) and
12(cm)
for the capitalization of a revolving loan fund if all of the following apply:
AB576-AA1, s. 15f 13Section 15f. 560.147 (1) (intro.) of the statutes is amended to read:
AB576-AA1,2,1614 560.147 (1) Loans. (intro.) Subject to sub. (4), the department may make a loan
15to a person from the appropriations under s. 20.143 (1) (c), (cm), and (ie) for a project
16described in sub. (2) if all of the following apply:
AB576-AA1, s. 15h 17Section 15h. 560.16 (2) (a) of the statutes is amended to read:
AB576-AA1,2,2118 560.16 (2) (a) From the appropriations under s. 20.143 (1) (c), (cm), and (ie), the
19department may make grants to existing business groups for a feasibility study to
20investigate the reorganization or new incorporation of an existing business as an
21employee-owned business and for professional services to implement the study.
AB576-AA1, s. 15j 22Section 15j. 560.167 (2) (intro.) of the statutes, as affected by 2001 Wisconsin
23Act 16
, is amended to read:
AB576-AA1,3,224 560.167 (2) (intro.) Subject to subs. (2m) and (5), the department may make
25reimbursements totaling no more than $100,000 in a fiscal year from the

1appropriations under s. 20.143 (1) (c), (cm), and (ie) to eligible businesses for any of
2the following:
AB576-AA1, s. 15m 3Section 15m. 560.175 (2) of the statutes is amended to read:
AB576-AA1,3,64 560.175 (2) Subject to subs. (3) and (6), the department may make a grant from
5the appropriation appropriations under s. 20.143 (1) (c) and (cm) to a person to fund
6an early planning project.
AB576-AA1, s. 15p 7Section 15p. 560.26 (1) (intro.) of the statutes is amended to read:
AB576-AA1,3,108 560.26 (1) (intro.) Subject to sub. (3), the department shall make grants from
9the appropriation appropriations under s. 20.143 (1) (c) and (cm) to the Wisconsin
10Procurement Institute if all of the following apply:
AB576-AA1, s. 15r 11Section 15r. 560.61 (1) of the statutes is amended to read:
AB576-AA1,3,1512 560.61 (1) Make a grant or loan to an eligible recipient for a project that meets
13the criteria for funding under s. 560.605 (1) and (2) and under s. 560.62, 560.63,
14560.65, or 560.66, whichever is appropriate, from the appropriations under s. 20.143
15(1) (c), (cb), (cm), and (ie).
AB576-AA1, s. 15s 16Section 15s. 560.61 (3) of the statutes is amended to read:
AB576-AA1,3,1917 560.61 (3) Make a grant under s. 560.16 from the appropriations under s.
1820.143 (1) (c), (cm), and (ie) if the board determines that the grant meets the
19requirements of s. 560.16.".
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