Amendment CA1-SSA1-SB55

SB55-SSA1-CA1,903,7 " Section 3619sd. 560.036 (2) (a) of the statutes is amended to read:

SB55-SSA1-CA1,903,18 560.036 (2) (a) For the purposes of ss. 16.75 (3m), 16.854, 16.855 (10m), 16.87 (2), 18.16, 18.64, 18.77, 25.17 (59), 25.185, 34.05 (4), 38.18, 43.17 (9) (a), 59.52 (29) (c), 59.57 (1) (b), 60.47 (7), 61.55 (3), 62.15 (1) (c), 66.0901 (6), 84.075, 84.076, 119.495 (2), 120.12 (27), 200.49, 200.57, 229.46, 229.70, 229.8273, 229.845, 231.27 and, 232.05 (2) (d), 234.01 (4n) (a) 3m. d., 234.35, 234.65 (1) (g), 252.12 (2) (c) 2., 560.038, 560.039, and 560.80 to 560.85, the department shall establish and periodically update a list of certified minority businesses, minority financial advisers, and minority investment firms. Any business, financial adviser, or investment firm may apply to the department for certification. For purposes of this paragraph, unless the context otherwise requires, a "business" includes a financial adviser or investment firm.

SB55-SSA1-CA1, s. 3619sg Section 3619sg. 560.036 (3) (a) of the statutes is amended to read:

SB55-SSA1-CA1,903,22 560.036 (3) (a) The department shall promulgate rules establishing procedures to implement sub. (2). Those rules shall include a rule prescribing a uniform application form for certification under sub. (2).

SB55-SSA1-CA1, s. 3619sj Section 3619sj. 560.036 (3) (c) of the statutes is amended to read:

SB55-SSA1-CA1,904,6 560.036 (3) (c) The department may promulgate rules establishing conditions with which a business, financial adviser, or investment firm must comply to qualify for certification, in addition to the qualifications specified under sub. (1) (e), (ep), and (fm), respectively. Those rules may not require that a business, financial adviser, or investment firm submit any income or franchise tax return to the department as a condition for qualification for certification.

SB55-SSA1-CA1, s. 3619sm Section 3619sm. 560.038 (1) (ar) of the statutes is amended to read:

SB55-SSA1-CA1,904,9 560.038 (1) (ar) "Minority business" has the meaning given in s. 560.036 (1) (e) means a business that is certified by the department under s. 560.036 (2).

SB55-SSA1-CA1, s. 3619sp Section 3619sp. 560.039 (1) (b) of the statutes is amended to read:

SB55-SSA1-CA1,904,12 560.039 (1) (b) "Minority business" has the meaning given in s. 560.036 (1) (e) means a business that is certified by the department under s. 560.036 (2).".

SB55-SSA1-CA1,904,13 1439. Page 1156, line 7: after that line insert:

SB55-SSA1-CA1,904,14 " Section 3619w. 560.06 (2) of the statutes is amended to read:

SB55-SSA1-CA1,904,22 560.06 (2) In each fiscal year 1999-2000, the department may shall provide up to $100,000 from the appropriations under s. 20.143 (1) (c) and (ie) in assistance to a the nonprofit organization specified in sub. (1) that provides assistance to organizations and individuals in urban areas. Notwithstanding sub. (1), the department shall use the moneys authorized under this subsection in accordance with the memorandum of understanding under sub. (1) and shall ensure that the nonprofit organization provides assistance to organizations and individuals in an area that includes the city of Beloit.".

SB55-SSA1-CA1,904,23 1440. Page 1156, line 7: delete that line and substitute:

SB55-SSA1-CA1,905,2 " Section 3619k. 560.031 (3) of the statutes, as created by 1997 Wisconsin Act 27, is renumbered 560.031 (3) (am).

SB55-SSA1-CA1, s. 3619m Section 3619m. 560.031 (3) (bc) of the statutes is created to read:

SB55-SSA1-CA1,905,7 560.031 (3) (bc) In awarding grants, loans, and manufacturing rebates under this subsection, the board shall give priority to projects that involve recovered materials that constitute a relatively high volume of solid waste generated in this state or that are hazardous to human health or the environment.

SB55-SSA1-CA1, s. 3619n Section 3619n. 560.031 (3) (cm) of the statutes is created to read:

SB55-SSA1-CA1,905,13 560.031 (3) (cm) Annually, the board shall allocate up to $200,000 in financial assistance under this subsection for forgivable loans for projects that have exceptional potential to meet one of the qualifying considerations under par. (am) 1., 2., 3., or 4., but do not comply with the standard criteria established by the board or department for meeting its fiduciary responsibilities in managing state resources.

SB55-SSA1-CA1, s. 3619s Section 3619s. 560.031 (6m) of the statutes is created to read:

SB55-SSA1-CA1,905,17 560.031 (6m) Annually, in consultation with the council on recycling, the board shall establish a list of materials recovered from solid waste for which the board may award financial assistance.".

SB55-SSA1-CA1,905,18 1441. Page 1162, line 8: delete lines 8 to 10.

SB55-SSA1-CA1,905,19 1442. Page 1162, line 10: after that line insert:

SB55-SSA1-CA1,905,20 " Section 3649m. 560.16 (6) (a) 3. of the statutes is amended to read:

SB55-SSA1-CA1,905,23 560.16 (6) (a) 3. A verified statement of the financial condition and business operation of the existing business for the previous 3 years, certified by an independent certified public accountant licensed or certified under ch. 442.".

SB55-SSA1-CA1,905,24 1443. Page 1162, line 11: delete lines 11 to 18 and substitute:

SB55-SSA1-CA1,906,1 " Section 3650. 560.165 (title) of the statutes is amended to read:

SB55-SSA1-CA1,906,3 560.165 (title) Division of international and export development International services; fees and assessments.

SB55-SSA1-CA1, s. 3651 Section 3651. 560.165 of the statutes is renumbered 560.165 (1) and amended to read:

SB55-SSA1-CA1,906,9 560.165 (1) The division of international and export development may charge fees for services it provides to cover the costs incurred by the division in providing the services. The division shall deposit all fees credit all moneys collected under this section in subsection to the appropriation account under s. 20.143 (1) (g).

SB55-SSA1-CA1, s. 3652 Section 3652. 560.165 (2) of the statutes is created to read:

SB55-SSA1-CA1,906,16 560.165 (2) The department may assess a state agency on a premium basis for the cost of services that are provided by the department's international liaison and that are requested by the state agency. Any premium charged by the department under this section must be agreed to by the state agency paying the premium. The department shall credit all moneys received from state agencies under this section to the appropriation account under s. 20.143 (1) (k).".

SB55-SSA1-CA1,906,17 1444. Page 1164, line 22: after that line insert:

SB55-SSA1-CA1,906,18 " Section 3664m. 560.172 of the statutes is created to read:

SB55-SSA1-CA1,906,22 560.172 Fire suppression grant program. (1) Grants. (a) From the appropriation under s. 20.143 (1) (n), the department of commerce shall award grants to fire departments for up to 50% of the cost of acquiring fire suppression equipment and materials.

SB55-SSA1-CA1,906,24 (b) The department of commerce may not award more than $250,000 in grants per fiscal year under this section.

SB55-SSA1-CA1,907,2 (2) Eligible recipients. A fire department is eligible for grants under this section if all of the following apply:

SB55-SSA1-CA1,907,5 (a) The area in which the fire department provides fire protection and fire prevention services has a population of less than 6,000 on the date on which the application for the grant is submitted to the department of commerce.

SB55-SSA1-CA1,907,7 (b) The fire department responds to all of the first alarms for structural fires that are issued in the area described in par. (a).

SB55-SSA1-CA1,907,10 (c) The fire department has entered into an agreement with at least one other fire department to assist the latter fire department in the suppression of structural fires.

SB55-SSA1-CA1,907,13 (3) Eligible equipment and materials. (a) A recipient of a grant under this section may use the grant proceeds to acquire, to the extent permitted under federal law, any of the following fire suppression equipment or materials:

SB55-SSA1-CA1,907,14 1. Protective equipment and fire resistant clothing.

SB55-SSA1-CA1,907,15 2. Fire suppression tools and communication equipment.

SB55-SSA1-CA1,907,17 3. Materials necessary for fire prevention training or information that is provided by the recipient.

SB55-SSA1-CA1,907,18 4. Fire suppression training equipment and materials.

SB55-SSA1-CA1,907,20 5. Other equipment and materials as specified by rule by the department of commerce.

SB55-SSA1-CA1,907,22 (b) A recipient of a grant under this section may not use the grant proceeds to acquire any of the following:

SB55-SSA1-CA1,907,23 1. Buildings or vehicles.

SB55-SSA1-CA1,907,24 2. Search and rescue or emergency medical equipment.

SB55-SSA1-CA1,908,2 3. Equipment or materials that are used exclusively for suppressing forest fires.

SB55-SSA1-CA1,908,5 (4) Rules. The department of commerce shall promulgate rules establishing criteria and procedures for awarding grants under this section. The rules shall include a definition of "structural fire" for purposes of this section.".

SB55-SSA1-CA1,908,6 1445. Page 1171, line 13: delete lines 13 to 16 and substitute:

SB55-SSA1-CA1,908,11 "560.25 (2) Grants. (intro.) Subject to subs. sub. (4) and (5), the department may make a grant from the appropriation under s. 20.143 (1) (ko) and a grant of up to $500,000 in each fiscal year from the appropriation under s. 20.143 (1) (ie) to a technology-based nonprofit organization to provide support for a manufacturing extension center if all of the following apply:

SB55-SSA1-CA1, s. 3692c Section 3692c. 560.25 (2) (intro.) of the statutes, as affected by 2001 Wisconsin Act .... (this act), is amended to read:

SB55-SSA1-CA1,908,18 560.25 (2) Grants. (intro.) Subject to sub. (4), the department may make a grant from the appropriation under s. 20.143 (1) (ko) and a grant of up to $500,000 in each fiscal year from the appropriation under s. 20.143 (1) (ie) to a technology-based nonprofit organization to provide support for a manufacturing extension center if all of the following apply:".

SB55-SSA1-CA1,908,19 1446. Page 1173, line 1: delete "par. (b)" and substitute "pars. (b) and (c)".

SB55-SSA1-CA1,908,20 1447. Page 1173, line 7: after "(e)" insert "and (f)".

SB55-SSA1-CA1,908,21 1448. Page 1173, line 7: delete "zone" and substitute " zones".

SB55-SSA1-CA1,908,22 1449. Page 1173, line 8: after that line insert:

SB55-SSA1-CA1,908,23 " Section 3700d. 560.70 (7) (c) of the statutes is created to read:

SB55-SSA1-CA1,909,3 560.70 (7) (c) In s. 560.798, "tax benefits" means the development zones capital investment credit under ss. 71.07 (2dm), 71.28 (1dm), and 71.47 (1dm) and the development zones credit under ss. 71.07 (2dx), 71.28 (1dx), and 71.47 (1dx).".

SB55-SSA1-CA1,909,4 1450. Page 1173, line 11: after that line insert:

SB55-SSA1-CA1,909,5 " Section 3701m. 560.795 (1) (f) of the statutes is created to read:

SB55-SSA1-CA1,909,8 560.795 (1) (f) For the Gateway Project, an area in the city of Beloit, the legal description of which is provided to the department by the local governing body of the city of Beloit.".

SB55-SSA1-CA1,909,9 1451. Page 1173, line 18: delete "and (e)" and substitute ", (e), and (f)".

SB55-SSA1-CA1,909,11 1452. Page 1173, line 20: delete "designation of the area under sub. (1) (e)" and substitute "designations of the areas under sub. (1) (e) and (f)".

SB55-SSA1-CA1,909,12 1453. Page 1173, line 24: after that line insert:

SB55-SSA1-CA1,909,13 " Section 3703m. 560.795 (2) (b) 6. of the statutes is created to read:

SB55-SSA1-CA1,909,15 560.795 (2) (b) 6. The limit for tax benefits for the development opportunity zone under sub. (1) (f) is $4,700,000.

SB55-SSA1-CA1, s. 3703p Section 3703p. 560.795 (2) (c) of the statutes is amended to read:

SB55-SSA1-CA1,909,19 560.795 (2) (c) Annually, the department shall estimate the amount of forgone state revenue because of tax benefits claimed by corporations or persons in each development opportunity zone.".

SB55-SSA1-CA1,909,20 1454. Page 1173, line 25: after that line insert:

SB55-SSA1-CA1,910,2 "560.795 (3) (a) 4. Any person that is conducting or that intends to conduct economic activity in a development opportunity zone under sub. (1) (e) and that, in conjunction with the local governing body of the city in which the development opportunity zone is located, submits a project plan as described in par. (b) to the department shall be entitled to claim tax benefits while the area is designated as a development opportunity zone.

SB55-SSA1-CA1, s. 3704c Section 3704c. 560.795 (3) (a) 5. of the statutes is created to read:".

SB55-SSA1-CA1,910,4 1455. Page 1174, line 1: delete "4." and substitute "5.".

SB55-SSA1-CA1,910,5 1456. Page 1174, line 2: delete "(e)" and substitute "(f)".

SB55-SSA1-CA1,910,6 1457. Page 1174, line 6: after that line insert:

SB55-SSA1-CA1,910,7 " Section 3704e. 560.795 (3) (b) 1. of the statutes is amended to read:

SB55-SSA1-CA1,910,9 560.795 (3) (b) 1. The name and address of the corporation's or person's business for which tax benefits will be claimed.

SB55-SSA1-CA1, s. 3704f Section 3704f. 560.795 (3) (b) 2. of the statutes is amended to read:

SB55-SSA1-CA1,910,12 560.795 (3) (b) 2. The appropriate federal tax identification number of the corporation or person.

SB55-SSA1-CA1, s. 3704g Section 3704g. 560.795 (3) (b) 3. of the statutes is amended to read:

SB55-SSA1-CA1,910,16 560.795 (3) (b) 3. The names and addresses of other locations outside of the development opportunity zone where the corporation or person conducts business and a description of the business activities conducted at those locations.

SB55-SSA1-CA1, s. 3704h Section 3704h. 560.795 (3) (b) 4. of the statutes is amended to read:

SB55-SSA1-CA1,910,20 560.795 (3) (b) 4. The amount that the corporation or person proposes to invest in a business, or spend on the construction, rehabilitation, repair , or remodeling of a building, located within the development opportunity zone.

SB55-SSA1-CA1, s. 3704i Section 3704i. 560.795 (3) (b) 5. of the statutes is amended to read:

SB55-SSA1-CA1,910,23 560.795 (3) (b) 5. The estimated total investment of the corporation or person in the development opportunity zone.

SB55-SSA1-CA1, s. 3704j Section 3704j. 560.795 (3) (b) 6. of the statutes is amended to read:

SB55-SSA1-CA1,911,4 560.795 (3) (b) 6. The number of full-time jobs that will be created, retained, or substantially upgraded as a result of the corporation's or person's economic activity in relation to the amount of tax benefits estimated for the corporation or person.