SB55-ASA1,1172,119 560.185 (1) Advise the department on matters related to the physician and
10dentist
loan assistance program under s. 560.183 and the health care provider loan
11assistance program under s. 560.184.
SB55-ASA1, s. 1958 12Section 1958. 560.25 (2) (intro.) of the statutes is amended to read:
SB55-ASA1,1172,1613 560.25 (2) Grants. (intro.) Subject to subs. sub. (4) and (5), the department
14may make a grant from the appropriation under s. 20.143 (1) (ie) (ko) to a
15technology-based nonprofit organization to provide support for a manufacturing
16extension center if all of the following apply:
SB55-ASA1, s. 1959 17Section 1959. 560.25 (5) of the statutes is repealed.
SB55-ASA1, s. 1960 18Section 1960. 560.42 (5) of the statutes is repealed and recreated to read:
SB55-ASA1,1173,219 560.42 (5) Report. Beginning in 2003 and biennially thereafter, the center
20shall prepare a report describing its activities under this section since the period
21covered in the previous report. The department shall submit the report with the
22report required under s. 560.55. The report may include recommendations for the
23legislature, governor, public records board, and regulatory agencies on simplifying
24the process of applying for permits, of reviewing and making determinations on
25permit applications, and of issuing permits, and shall include information on the

1number of requests for assistance, the types of assistance provided, and the center's
2success in resolving conflicts in permit application and review processes.
SB55-ASA1, s. 1961 3Section 1961. 560.42 (6) of the statutes is repealed.
SB55-ASA1, s. 1962 4Section 1962. 560.44 (2) of the statutes is amended to read:
SB55-ASA1,1173,85 560.44 (2) Administration of brownfields grant program programs. The
6center shall assist in administering the grant program under s. 560.13 and in
7administering grants and loans under s. 560.138 that are made for brownfields
8remediation projects
.
SB55-ASA1, s. 1963 9Section 1963. 560.55 (1) of the statutes is repealed.
SB55-ASA1, s. 1964 10Section 1964. 560.55 (2) of the statutes is renumbered 560.55 and amended
11to read:
SB55-ASA1,1173,22 12560.55 Evaluation and report Report. No Beginning on October 15, 2003,
13and no
later than January 1 October 15 of each odd-numbered year thereafter, the
14department shall submit to the governor and to the chief clerk of each house of the
15legislature, for distribution to the legislature under s. 13.172 (2), a report containing
16the evaluation prepared under sub. (1) and
describing the department's activities
17and the
result of the department's activities under s. 560.54 since the period covered
18in the previous report. The department shall combine this report with the report
19required under s. 560.42 (5) and
may combine this report with other reports
20published by the department, including the report under s. 15.04 (1) (d). The report
21may include recommendations for legislative proposals to change the
22entrepreneurial assistance programs and intermediary assistance programs.
SB55-ASA1, s. 1965 23Section 1965. 560.70 (7) of the statutes is renumbered 560.70 (7) (a) and
24amended to read:
SB55-ASA1,1174,3
1560.70 (7) (a) "Tax Except as provided in par. (b), "tax benefits" means the
2development zones credit under ss. 71.07 (2dx), 71.28 (1dx), and 71.47 (1dx), except
3that in
.
SB55-ASA1,1174,8 4(b) In s. 560.795, "tax benefits" means the development zones investment credit
5under ss. 71.07 (2di), 71.28 (1di), and 71.47 (1di) and the development zones credit
6under ss. 71.07 (2dx), 71.28 (1dx), and 71.47 (1dx). With respect to the development
7opportunity zone under s. 560.795 (1) (e), "tax benefits" also means the development
8zones capital investment credit under ss. 71.07 (2dm), 71.28 (1dm), and 71.47 (1dm).
SB55-ASA1, s. 1966 9Section 1966. 560.795 (1) (e) of the statutes is created to read:
SB55-ASA1,1174,1110 560.795 (1) (e) An area in the city of Milwaukee, the legal description of which
11is provided to the department by the local governing body of the city of Milwaukee.
SB55-ASA1, s. 1967 12Section 1967. 560.795 (2) (a) of the statutes is amended to read:
SB55-ASA1,1174,2113 560.795 (2) (a) Except as provided in par. (d), the designation of each area under
14sub. (1) (a), (b) and (c), and (e) as a development opportunity zone shall be effective
15for 36 months, with the designation of the areas under sub. (1) (a) and (b) beginning
16on April 23, 1994, and the designation of the area under sub. (1) (c) beginning on
17April 28, 1995. Except as provided in par. (d), the designation of the each area under
18sub. (1) (d) and (e) as a development opportunity zone shall be effective for 84 months,
19with the designation of the area under sub. (1) (d) beginning on January 1, 2000, and
20the designation of the area under sub. (1) (e) beginning on the effective date of this
21paragraph .... [revisor inserts date]
.
SB55-ASA1, s. 1968 22Section 1968. 560.795 (2) (b) 5. of the statutes is created to read:
SB55-ASA1,1174,2423 560.795 (2) (b) 5. The limit for tax benefits for the development opportunity
24zone under sub. (1) (e) is $4,700,000.
SB55-ASA1, s. 1969 25Section 1969. 560.795 (3) (a) 4. of the statutes is created to read:
SB55-ASA1,1175,6
1560.795 (3) (a) 4. Any corporation that is conducting or that intends to conduct
2economic activity in a development opportunity zone under sub. (1) (e) and that, in
3conjunction with the local governing body of the city in which the development
4opportunity zone is located, submits a project plan as described in par. (b) to the
5department shall be entitled to claim tax benefits while the area is designated as a
6development opportunity zone.
SB55-ASA1, s. 1970 7Section 1970. 560.795 (3) (c) of the statutes is amended to read:
SB55-ASA1,1175,98 560.795 (3) (c) The department shall notify the department of revenue of all
9corporations entitled to claim tax benefits under this section subsection.
SB55-ASA1, s. 1971 10Section 1971. 560.795 (3) (d) of the statutes is amended to read:
SB55-ASA1,1175,1311 560.795 (3) (d) The department annually shall verify information submitted
12to the department under s. 71.07 (2di), (2dm), or (2dx), 71.28 (1di), (1dm), or (1dx),
13or 71.47 (1di), (1dm), or (1dx).
SB55-ASA1, s. 1972 14Section 1972. 560.795 (4) (a) (intro.) of the statutes is amended to read:
SB55-ASA1,1175,1715 560.795 (4) (a) (intro.) The department shall revoke the entitlement of a
16corporation to claim tax benefits under this section sub. (3) if the corporation does
17any of the following:
SB55-ASA1, s. 1973 18Section 1973. 560.795 (5) of the statutes is created to read:
SB55-ASA1,1175,2219 560.795 (5) Certification based on the activity of another. (a) The
20department may certify for tax benefits a person that is conducting economic activity
21in the development opportunity zone under sub. (1) (e) and that is not otherwise
22entitled to claim tax benefits if all of the following apply:
SB55-ASA1,1175,2423 1. The person's economic activity is instrumental in enabling another person
24to conduct economic activity in the development opportunity zone under sub. (1) (e).
SB55-ASA1,1176,3
12. The department determines that the economic activity of the other person
2under subd. 1. would not have occurred but for the involvement of the person to be
3certified for tax benefits under this subsection.
SB55-ASA1,1176,64 3. The person to be certified for tax benefits under this subsection will pass the
5benefits through to the other person conducting the economic activity under subd.
61., as determined by the department.
SB55-ASA1,1176,87 4. The other person conducting the economic activity under subd. 1. does not
8claim tax benefits under sub. (3).
SB55-ASA1,1176,119 (b) A person intending to claim tax benefits under this subsection shall submit
10to the department an application, in the form required by the department, containing
11information required by the department and by the department of revenue.
SB55-ASA1,1176,1312 (c) The department shall notify the department of revenue of all persons
13certified to claim tax benefits under this subsection.
SB55-ASA1,1176,1614 (d) The department annually shall verify information submitted to the
15department under s. 71.07 (2dm) or (2dx), 71.28 (1dm) or (1dx), or 71.47 (1dm) or
16(1dx).
SB55-ASA1,1176,1817 (e) The department shall revoke the entitlement of a person to claim tax
18benefits under this subsection if the person does any of the following:
SB55-ASA1,1176,1919 1. Supplies false or misleading information to obtain the tax benefits.
SB55-ASA1,1176,2020 2. Ceases operations in the development opportunity zone under sub. (1) (e).
SB55-ASA1,1176,2221 3. Does not pass the benefits through to the other person conducting the
22economic activity under par. (a) 1., as determined by the department.
SB55-ASA1,1176,2423 (f) The department shall notify the department of revenue within 30 days after
24revoking an entitlement under par. (e).
SB55-ASA1, s. 1974
1Section 1974. 560.80 (4) (a) and (b) of the statutes are consolidated,
2renumbered 560.80 (4) and amended to read:
SB55-ASA1,1177,83 560.80 (4) "Eligible development project costs" means costs that, in accordance
4with sound business and financial practices, are appropriately incurred in
5connection with a development project or a recycling development project . (b)
6"Eligible development project costs"
, but does not include entertainment expenses or
7expenses incurred more than 6 months before the board approves a grant or loan
8under s. 560.83 or 560.835.
SB55-ASA1, s. 1975 9Section 1975. 560.80 (5) of the statutes is amended to read:
SB55-ASA1,1177,1210 560.80 (5) "Eligible recipient" means a person who is eligible to receive a grant
11under s. 560.82 (5) (a) or 560.837 or a grant or loan under s. 560.83 (5) (a) or (b) or
12560.835.
SB55-ASA1, s. 1976 13Section 1976. 560.82 (5) of the statutes is renumbered 560.82 (5) (a).
SB55-ASA1, s. 1977 14Section 1977. 560.82 (5) (b) of the statutes is created to read:
SB55-ASA1,1177,1715 560.82 (5) (b) If the department awards a grant under sub. (1), the department
16may contract directly with and pay grant proceeds directly to any person providing
17technical or management assistance to the grant recipient.
SB55-ASA1, s. 1978 18Section 1978. 560.96 of the statutes is created to read:
SB55-ASA1,1177,20 19560.96 Technology zones. (1) In this section, "tax credit" means a credit
20under s. 71.07 (3g), 71.28 (3g), or 71.47 (3g).
SB55-ASA1,1177,25 21(2) (a) The department may designate up to 3 areas in the state as technology
22zones and may, with the approval of the joint committee on finance, designate up to
236 more areas as technology zones. A business that is located in a technology zone and
24that is certified by the department under sub. (3) is eligible for a tax credit as
25provided in sub. (3).
SB55-ASA1,1178,7
1(b) The designation of an area as a technology zone shall be in effect for 10 years
2from the time that the department first designates the area. However, not more than
3$3,000,000 in tax credits may be claimed in a technology zone. The department may
4change the boundaries of a technology zone during the time that its designation is
5in effect. A change in the boundaries of a technology zone does not affect the duration
6of the designation of the area or the maximum tax credit amount that may be claimed
7in the technology zone.
SB55-ASA1,1178,9 8(3) (a) The department may certify for tax credits in a technology zone a
9business that satisfies all of the following requirements:
SB55-ASA1,1178,1010 1. The business is located in the technology zone.
SB55-ASA1,1178,1111 2. The business is a new or expanding business.
SB55-ASA1,1178,1212 3. The business is a high-technology business.
SB55-ASA1,1178,1413 (b) In determining whether to certify a business under this subsection, the
14department shall consider all of the following:
SB55-ASA1,1178,1515 1. How many new jobs the business is likely to create.
SB55-ASA1,1178,1616 2. The extent and nature of the high technology used by the business.
SB55-ASA1,1178,1717 3. The likelihood that the business will attract related enterprises.
SB55-ASA1,1178,1918 4. The amount of capital investment that the business is likely to make in the
19state.
SB55-ASA1,1178,2020 5. The economic viability of the business.
SB55-ASA1,1179,221 (c) When the department certifies a business under this subsection, the
22department shall establish a limit on the amount of tax credits that the business may
23claim. Unless its certification is revoked, and subject to the limit on the tax credit
24amount established by the department under this paragraph, a business that is
25certified may claim a tax credit for 3 years, except that a business that experiences

1growth, as determined for that business by the department under par. (d) and sub.
2(5) (e), may claim a tax credit for up to 5 years.
SB55-ASA1,1179,93 (d) The department shall enter into an agreement with a business that is
4certified under this subsection. The agreement shall specify the limit on the amount
5of tax credits that the business may claim, the extent and type of growth, which shall
6be specific to the business, that the business must experience to extend its eligibility
7for a tax credit, the business' baseline against which that growth will be measured,
8any other conditions that the business must satisfy to extend its eligibility for a tax
9credit, and reporting requirements with which the business must comply.
SB55-ASA1,1179,11 10(4) (a) The department of commerce shall notify the department of revenue of
11all the following:
SB55-ASA1,1179,1212 1. A technology zone's designation.
SB55-ASA1,1179,1413 2. A business' certification and the limit on the amount of tax credits that the
14business may claim.
SB55-ASA1,1179,1515 3. The extension or revocation of a business' certification.
SB55-ASA1,1179,1716 (b) The department shall annually verify information submitted to the
17department under ss. 71.07 (3g) (b), 71.28 (3g) (b), and 71.47 (3g) (b).
SB55-ASA1,1179,19 18(5) The department shall promulgate rules for the operation of this section,
19including rules related to all the following:
SB55-ASA1,1179,2020 (a) Criteria for designating an area as a technology zone.
SB55-ASA1,1179,2221 (b) A business' eligibility for certification, including definitions for all of the
22following:
SB55-ASA1,1179,2323 1. New or expanding business.
SB55-ASA1,1179,2424 2. High-technology business.
SB55-ASA1,1179,2525 (c) Certifying a business, including use of the factors under sub. (3) (b).
SB55-ASA1,1180,2
1(d) Standards for establishing the limit on the amount of tax credits that a
2business may claim.
SB55-ASA1,1180,63 (e) Standards for extending a business' certification, including what measures,
4in addition to job creation, the department will use to determine the growth of a
5specific business and how the department will establish baselines against which to
6measure growth.
SB55-ASA1,1180,77 (f) Reporting requirements for certified businesses.
SB55-ASA1,1180,98 (g) The exchange of information between the department of commerce and the
9department of revenue.
SB55-ASA1,1180,1010 (h) Reasons for revoking a business' certification.
SB55-ASA1,1180,1111 (i) Standards for changing the boundaries of a technology zone.
SB55-ASA1, s. 3713c 12Section 3713c. 562.057 (4m) (a) 1. of the statutes is renumbered 562.057 (4m)
13(a) and amended to read:
SB55-ASA1,1180,1714 562.057 (4m) (a) For a racetrack at which $25,000,000 or more was wagered
15during
During the calendar year immediately preceding the year in which the
16applicant proposes to conduct wagering on simulcast races, at least 250 275 race
17performances were conducted at the racetrack during that period.
SB55-ASA1, s. 3713d 18Section 3713d. 562.057 (4m) (a) 2. of the statutes is repealed.
SB55-ASA1, s. 3713e 19Section 3713e. 562.057 (4m) (b) of the statutes is repealed.
SB55-ASA1, s. 3713k 20Section 3713k. 563.04 (14) of the statutes is created to read:
SB55-ASA1,1180,2221 563.04 (14) Promulgate rules relating to the sale of equal shares of single raffle
22tickets to one or more purchasers under a Class A raffle license under s. 563.92 (1m).
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