AB100-ASA1-AA15,14,12
11(5) The department shall promulgate rules defining, for purposes of the
12program under this section, all of the following terms:
AB100-ASA1-AA15,14,1313
(a) Capital investment.
AB100-ASA1-AA15,14,1414
(b) Family-supporting wage.
AB100-ASA1-AA15,14,1515
(c) High-paying job.
AB100-ASA1-AA15,14,1616
(d) Significant numbers.
AB100-ASA1-AA15,14,2421
38.34
(2) Grants. Subject to sub.
(4) (3), the
department board may make a
22grant from the appropriation under s.
20.143 (1) (fj)
20.292 (1) (fj) to a
23technology-based nonprofit organization to provide support for a manufacturing
24extension center if all of the following apply:
AB100-ASA1-AA15,15,3
1(a) The technology-based nonprofit organization submits to the
department 2board a plan detailing its proposed expenditures and performance measures related
3to the project.
AB100-ASA1-AA15,15,44
(b) The
secretary state director approves the plan submitted under par. (a).
AB100-ASA1-AA15,15,1111
560.60
(3m) "Eligible activities" means any of the following:
AB100-ASA1-AA15,15,1212
(a) Capital financing.
AB100-ASA1-AA15,15,1313
(b) Worker training.
AB100-ASA1-AA15,15,1414
(c) Entrepreneurial development.
AB100-ASA1-AA15,15,1615
(d) Providing assistance to technology-based businesses or to businesses at a
16foreign trade show or event.
AB100-ASA1-AA15,15,1717
(e) Promoting urban or regional economic development.
AB100-ASA1-AA15,15,1818
(f) Establishing revolving loan funds.
AB100-ASA1-AA15,15,1919
(g) Providing working capital.
AB100-ASA1-AA15,15,2020
(h) Promoting employee ownership through all of the following:
AB100-ASA1-AA15,15,2221
1. Conducting feasibility studies to investigate the reorganization or new
22incorporation of existing businesses as employee-owned businesses.
AB100-ASA1-AA15,15,2323
2. Implementing feasibility studies under subd. 1.
AB100-ASA1-AA15,16,3
1560.60
(4) "Eligible recipient" means a governing body or a person who is
2eligible to receive a grant or loan under s.
560.62, a grant or loan under s. 560.63 or
3a grant or loan under s. 560.65 560.61.
AB100-ASA1-AA15,16,119
560.60
(15) "Small business" means a business
operating for profit, with
250
10or fewer
than 100 employees, including employees of any subsidiary or affiliated
11organization.
AB100-ASA1-AA15,16,1915
560.605
(1) (intro.)
The Upon receipt of an application by an eligible recipient,
16the board may
consider any of the following in determining whether to award a grant
17or loan under s. 560.61
upon the receipt and consideration of an application by an
18eligible recipient for a project under ss. 560.62 to 560.66, if the board determines all
19of the following:
AB100-ASA1-AA15,16,2121
560.605
(1) (a)
The Whether the project serves a public purpose.
AB100-ASA1-AA15,16,2423
560.605
(1) (b)
The Whether the project will retain or increase employment in
24this state.
AB100-ASA1-AA15,17,2
1560.605
(1) (c)
The Whether the project
is not likely to might not occur without
2the grant or loan.
AB100-ASA1-AA15,17,54
560.605
(1) (d)
Financing Whether financing is
unavailable available from
any
5other another source on reasonably equivalent terms.
AB100-ASA1-AA15,17,107
560.605
(1) (e)
Except as provided in s. 560.68 (6), the eligible recipient
8receiving the grant or loan will contribute, from The extent to which the project will
9be financed with funds not provided by this state
, not less than 25% of the cost of the
10project.
AB100-ASA1-AA15,17,1513
560.605
(1) (g)
Funds Whether funds from the grant or loan
under s. 560.62,
14560.63, 560.65 or 560.66 will be used to pay overhead costs
, except as provided in s.
15560.65 (1m) (b), or to replace funds from
any other another source.
AB100-ASA1-AA15,17,1817
560.605
(1) (h)
The Whether the project will
not displace
any workers in this
18state.
AB100-ASA1-AA15, s. 2393g
24Section 2393g. 560.605 (2) (d) of the statutes is renumbered 560.605 (1) (m)
25and amended to read:
AB100-ASA1-AA15,18,1
1560.605
(1) (m) The financial soundness of the
business eligible recipient.
AB100-ASA1-AA15,18,75
560.605
(2m) (intro.) When considering whether a project
under s. 560.62,
6560.63 or 560.66 will be located in a targeted area, the board
shall may consider
all
7any of the following:
AB100-ASA1-AA15,18,1512
560.605
(3m) The board may not award a grant or loan under s. 560.61 for an
13ethanol production facility on which construction begins after the effective date of
14this subsection .... [revisor inserts date], unless a competitive bidding process is used
15for the construction of the ethanol production facility.
AB100-ASA1-AA15,18,2221
560.607
(1) Evaluations of proposed technical research projects
under s.
22560.62.
AB100-ASA1-AA15,19,5
1560.61 Make At the request of the board, the department may make a grant
2or loan to an eligible recipient
for a project that meets the criteria for funding under
3s. 560.605 (1) and (2) and under s. 560.62, 560.63, 560.65 or 560.66, whichever is
4appropriate, from the appropriations under s. 20.143 (1) (c)
, (cb) and (ie)
for eligible
5activities.
AB100-ASA1-AA15,19,1412
560.68
(1m) The department shall establish criteria for the award of grants
13and loans under s. 560.61, including the types of projects that are eligible for funding
14and the types of eligible projects that will receive priority.
AB100-ASA1-AA15,19,1716
560.68
(2m) The department shall determine conditions applicable to a grant
17or loan under s. 560.61.
