Amendment AA15-ASA1-AB100

AB100-ASA1-AA15,21,12 (a) The department determines that the business will create not fewer than 100 qualifying jobs in the extremely depressed area.

AB100-ASA1-AA15,21,15 (b) The business enters into a written agreement with the department that specifies the conditions for use of the grant proceeds and in which the business agrees to do all of the following:

AB100-ASA1-AA15,21,17 1. Compensate at a family-supporting wage not less than 90 percent of the employees in the qualifying jobs created under par. (a).

AB100-ASA1-AA15,21,19 2. Make every reasonable effort to hire individuals who reside in the extremely depressed area to fill at least 75 percent of the qualifying jobs created under par. (a).

AB100-ASA1-AA15,21,21 3. Submit the report required under sub. (2) by the time the report is required under sub. (2).

AB100-ASA1-AA15,22,2 (2) A business that is awarded a grant under this section shall, by March 31 of the year following a year in which the department disburses grant moneys to the business, submit to the department a report detailing how the grant moneys received in that year were used.

AB100-ASA1-AA15,22,3 (3) The department shall do all of the following:

AB100-ASA1-AA15,22,7 (a) Designate areas in this state as extremely depressed areas. The department may not designate an area under this paragraph unless the department determines that the unemployment rate for the area equals or exceeds 150 percent of the average unemployment rate for this state.

AB100-ASA1-AA15,22,8 (b) Promulgate rules defining all of the following terms:

AB100-ASA1-AA15,22,12 1. "Eligible costs," which may include property taxes, utilities, job training, employee transportation, a portion of wages paid by the business to employees who reside in the extremely depressed area, and a portion of the costs incurred by the business to provide child care at the business for employees.

AB100-ASA1-AA15,22,13 2. "Extremely depressed area."

AB100-ASA1-AA15,22,14 3. "Family-supporting wage."

AB100-ASA1-AA15,22,15 4. "Qualifying jobs."

AB100-ASA1-AA15,22,17 (4) The department may pay grant proceeds to an eligible business that is awarded a grant under this section for up to 5 years.".

AB100-ASA1-AA15,22,18 48. Page 958, line 8: after that line insert:

AB100-ASA1-AA15,22,24 "(1k) Forward Wisconsin, inc. Notwithstanding section 20.001 (3) (a) of the statutes, in the 2006-07 fiscal year Forward Wisconsin, Inc., may not spend $1,000,000 of the amount appropriated under section 20.143 (1) (bm) of the statutes, as affected by this act, unless the department of administration certifies that Forward Wisconsin, Inc., has raised at least $2,000,000 in private funds during the 2005-06 and 2006-07 fiscal years.".

AB100-ASA1-AA15,23,1 49. Page 960, line 12: delete "as affected by this act,".

AB100-ASA1-AA15,23,2 50. Page 961, line 10: delete lines 10 to 14.

AB100-ASA1-AA15,23,3 51. Page 992, line 10: delete lines 10 to 20.

AB100-ASA1-AA15,23,4 52. Page 1008, line 15: delete lines 15 to 25.

AB100-ASA1-AA15,23,5 53. Page 1009, line 1: delete lines 1 to 25.

AB100-ASA1-AA15,23,6 54. Page 1010, line 1: delete lines 1 to 25.

AB100-ASA1-AA15,23,7 55. Page 1011, line 1: delete lines 1 to 24.

AB100-ASA1-AA15,23,8 56. Page 1012, line 1: delete lines 1 to 6.

AB100-ASA1-AA15,23,9 57. Page 1017, line 4: delete lines 4 to 7.

AB100-ASA1-AA15,23,10 58. Page 1017, line 7: after that line insert:

AB100-ASA1-AA15,23,14 "(3k) Wisconsin development fund lapse. Notwithstanding section 20.001 (3) (c) of the statutes, there is lapsed to the general fund $336,700 from the appropriation account of the department of commerce under section 20.143 (1) (c) of the statutes, as affected by the acts of 2005.".

AB100-ASA1-AA15,23,15 59. Page 1026, line 8: delete lines 8 to 11.

AB100-ASA1-AA15,23,16 60. Page 1029, line 8: delete lines 8 to 10 and substitute:

AB100-ASA1-AA15,24,4 "(1zm) Wisconsin development fund restructuring. The treatment of sections 20.143 (1) (c), (cb), and (ie), 84.185 (1) (ce) and (cm), 243.01 (4n) (a) 3m. e., 292.11 (7) (d) 1m. b., 292.255, 560.045 (1), 560.135 (5) (a) and (b), 560.14 (1) (ar), 560.145, 560.147, 560.15 (2) (d), 560.16, 560.155 (2) (e), 560.17 (1) (am) and (bm), 560.175, 560.26, 560.60 (1m), (1v), (3), (3m), (4), (8), (10), (11), (13), (15), (17), and (18m), 560.605 (1) (intro.), (a), (b), (c), (d), (e), (f), (g), (h), and (i), (2) (intro), (a), (b), (c), (d), (e), and (f), (2m) (intro.), (c), (d), and (e), (3m), (4), (5), (5m), and (6), 560.607 (1), 560.61 (intro.), (1), and (3), 560.62, 560.63, 560.65, 560.66, and 560.68 (1m), (2m), (3), (6), and (7) (a) of the statutes, the renumbering and amendment of section 560.68 (5) of the statutes, and the creation of section 560.68 (5) (a) of the statutes first apply to applications for grants and loans received on the effective date of this subsection.".

AB100-ASA1-AA15,24,5 (End)