SB40-ASA1-AA1,422,423
560.205
(1) (g) It is not engaged in real estate development, insurance,
24banking, lending, lobbying, political consulting, professional services provided by
1attorneys, accountants, business consultants, physicians, or health care
2consultants, wholesale or retail trade, leisure, hospitality, transportation, or
3construction
, except construction of power production plants that derive energy from
4a renewable resource, as defined in s. 196.378 (1) (h).".
SB40-ASA1-AA1,422,6
6"
Section 3577q. 560.205 (3) (c) (intro.) of the statutes is amended to read:
SB40-ASA1-AA1,422,107
560.205
(3) (c)
Annual report. (intro.)
Annually, no later than September 15,
8the The department shall
submit a include in the report
to the chief clerk of each
9house of the legislature for distribution to the legislature under s. 13.172 (2), listing 10required under s. 560.01 (2) (a) 2. all of the following information:".
SB40-ASA1-AA1,422,15
13560.207 Workplace wellness programs.
(1) The department shall
14implement a program to certify workplace wellness programs under ss. 71.07 (3h),
1571.28 (3h), and 71.47 (3h).
SB40-ASA1-AA1,422,22
16(2) If the department certifies a workplace wellness program under sub. (1),
17the department shall determine the amount of workplace wellness program credits
18to allocate to the business providing the workplace wellness program. The total
19amount of workplace wellness program credits allocated to businesses in any year
20may not exceed $5,000,000. In any year, the department may not allocate more than
21$2,500,000 in credits to businesses with more than 50 employees, and may not
22allocate more than $2,500,000 in credits to businesses with 50 or fewer employees.
SB40-ASA1-AA1,423,3
1(3) The department shall inform the department of revenue of every business
2whose workplace wellness program is certified under sub. (1) and the amount of
3credits allocated to the business.
SB40-ASA1-AA1,423,6
4(4) The department, in consultation with the department of revenue and the
5department of health and family services, shall promulgate rules to administer this
6section.".
SB40-ASA1-AA1,423,12
9560.2055 Grants for venture center. The department may not make grants
10to establish, start up, operate, or maintain a corporation for the purpose of raising
11capital to promote investments in emerging industries in this state unless the
12corporation satisfies the following requirements:
SB40-ASA1-AA1,423,14
13(1) The corporation is established as a nongovernmental organization with a
14mission to facilitate access to venture capital for Wisconsin-based businesses.
SB40-ASA1-AA1,423,15
15(2) The board of directors of the corporation includes all of the following:
SB40-ASA1-AA1,423,1616
(a) High-level business executives.
SB40-ASA1-AA1,423,1717
(b) The presidents or chief operating officers of business associations.
SB40-ASA1-AA1,423,1818
(c) Partners, officers, or shareholders of institutional investment businesses.
SB40-ASA1-AA1,423,1919
(d) Executives from technology transfer organizations.
SB40-ASA1-AA1,423,22
20(3) The corporation collaborates with governmental and academic economic
21development organizations working for the improvement of Wisconsin's technology
22business sectors.".
SB40-ASA1-AA1,424,4
1560.208 Dairy manufacturing facility investment credit. (1) The
2department of commerce shall implement a program to certify taxpayers as eligible
3for the dairy manufacturing facility investment credit under ss. 71.07 (3p), 71.28
4(3p), and 71.47 (3p).
SB40-ASA1-AA1,424,10
5(2) If the department of commerce certifies a taxpayer under sub. (1), the
6department of commerce shall determine the amount of credits to allocate to that
7taxpayer. The total amount of dairy manufacturing facility investment credits
8allocated to taxpayers in fiscal year 2007-08 may not exceed $600,000 and the total
9amount of dairy manufacturing facility investment credits allocated to taxpayers in
10fiscal year 2008-09, and in each fiscal year thereafter, may not exceed $700,000.
SB40-ASA1-AA1,424,13
11(3) The department of commerce shall inform the department of revenue of
12every taxpayer certified under sub. (1) and the amount of credits allocated to the
13taxpayer.
SB40-ASA1-AA1,424,15
14(4) The department of commerce, in consultation with the department of
15revenue, shall promulgate rules to administer this section.".
SB40-ASA1-AA1,425,418
560.42
(5) Report. Beginning in 2003 and biennially thereafter, the Annually,
19the center shall prepare a report describing its activities under this section since the
20period covered in the previous report.
The department shall submit the report with
21the report required under s. 560.55. The report may include recommendations for
22the legislature, governor, public records board, and regulatory agencies on
23simplifying the process of applying for permits, of reviewing and making
24determinations on permit applications, and of issuing permits, and shall include
1information on the number of requests for assistance, the types of assistance
2provided, and the center's success in resolving conflicts in permit application and
3review processes.
The department shall include the information required under this
4subsection in the report required under s. 560.01 (2) (a) 2.
SB40-ASA1-AA1,425,96
560.52
(1) Inventory. (intro.) The department shall prepare
and periodically, 7revise
, and include in the report required under s. 560.01 (2) (a) 2. an inventory of
8existing entrepreneurial assistance programs offered in this state. In preparing the
9inventory, the department may do any of the following:
SB40-ASA1-AA1,425,22
11560.55 Report. Beginning on October 15, 2003, and no later than October 15
12of each odd-numbered year thereafter, the The department shall
submit to include
13in the
governor and to the chief clerk of each house of the legislature, for distribution
14to the legislature under s. 13.172 (2), a report
describing required under s. 560.01 (2)
15(a) 2. a description of the department's activities and the result of the department's
16activities under s. 560.54 since the period covered in the previous report
submitted
17under this section. The department shall
combine this report with the report
18required under s. 560.42 (5) and may combine this report with other reports
19published by the department, including the report under s. 15.04 (1) (d) provide to
20the governor a copy of the information required under this section. The report may
21include recommendations for legislative proposals to change the entrepreneurial
22assistance programs and intermediary assistance programs.".
SB40-ASA1-AA1,426,4
4560.799 (title)
Enterprise
Rural enterprise zone.
SB40-ASA1-AA1,426,66
560.799
(1) (bm) 1. A business' employees in a
economic rural enterprise zone.
SB40-ASA1-AA1,426,118
560.799
(3) (a) The department may designate not more than 10
rural 9enterprise zones. The department may designate an area as a
rural enterprise zone
10if the area does not exceed 50 acres
and if the area does not include any part of a city
11of the 1st class or a city with a population greater than 200,000.
SB40-ASA1-AA1,426,1313
560.799
(5) (a) A business that begins operations in a
rural enterprise zone.
SB40-ASA1-AA1,426,1815
560.799
(5) (b) A business that relocates to a
rural enterprise zone from outside
16this state, if the business offers compensation and benefits to its employees working
17in the zone for the same type of work that are at least as favorable as those offered
18to its employees working outside the zone, as determined by the department.
SB40-ASA1-AA1,426,2120
560.799
(5) (c) (intro.) A business that expands operations in a
rural enterprise
21zone, but only if any of the following apply:
SB40-ASA1-AA1,427,223
560.799
(5) (c) 1. b. The business offers compensation and benefits for the same
24type of work to its employees working in the
rural enterprise zone that are at least
1as favorable as those offered to its employees working in this state but outside the
2zone, as determined by the department.
SB40-ASA1-AA1,427,54
560.799
(5) (c) 2. (intro.) The business makes a capital investment in property
5located in the
rural enterprise zone and all of the following apply:
SB40-ASA1-AA1,427,87
560.799
(6) (b) 2. Leaves the
rural enterprise zone to conduct substantially the
8same business outside of the
rural enterprise zone.
SB40-ASA1-AA1,427,1210
560.799
(6) (b) 3. Ceases operations in the
rural enterprise zone and does not
11renew operation of the business or a similar business in the
rural enterprise zone
12within 12 months.".
SB40-ASA1-AA1,427,1716
560.80
(5) "Eligible recipient" means a person who is eligible to receive a grant
17under s. 560.82 (5) (a)
or 560.837 or a grant or loan under s. 560.83 (5) (a) or (b).
SB40-ASA1-AA1,427,2120
560.80
(11) "Project" means a development project, an early planning project,
21a finance project, an education and training project or a revolving fund project.
SB40-ASA1-AA1,428,2
1560.84
(1) (f) That the project meets all criteria set forth in s. 560.82
, or 560.83,
2or 560.837, whichever is appropriate.
SB40-ASA1-AA1,428,64
560.84
(1) (j) If a development project
, finance project, or education and
5training project, that funds from the grant or loan will not be used to refinance
6existing debt.
SB40-ASA1-AA1,428,118
560.85
(3) (b) Develop procedures, with the approval of the board, to evaluate
9applications, monitor project performance
, and audit grants and loans awarded for
10development projects under s. 560.83, projects under s. 560.835, 2001 stats., and
11finance projects and education and training projects under s. 560.837
, 2005 stats.
SB40-ASA1-AA1,428,2113
560.905
(2) The standing committees of the senate and assembly with
14jurisdiction over science and technology shall advise the department concerning the
15administration of this subchapter. The department shall consider the advice of the
16committees in carrying out the functions under this subchapter.
Annually, the The 17department shall
submit a include in the report
on required under s. 560.01 (2) (a)
182. information regarding the department's activities
to the chief clerk of each house
19of the legislature for distribution under s. 13.172 (3) under this subchapter and shall
20request that the information required under this subsection be distributed to the
21standing committees with jurisdiction over science and technology.
SB40-ASA1-AA1, s. 3638z
24Section 3638z. 560.915 (4) (a) of the statutes is renumbered 560.915 (4) (a)
25(intro.) and amended to read:
SB40-ASA1-AA1,429,6
1560.915
(4) (a) (intro.)
Prepare a biennial Include in the report
required under
2s. 560.01 (2) (a) 2. information on the disposition and repayment of moneys spent
3under
sub. (2). s. 560.915 (2), 2005 stats., and request that the information required
4under this paragraph be distributed to the standing committees with jurisdiction
5over economic development, until the year in or after which the earlier of the
6following occurs:
SB40-ASA1-AA1, s. 3638zd
8Section 3638zd. 560.915 (4) (b) 1. of the statutes is renumbered 560.915 (4)
9(a) 1. and amended to read:
SB40-ASA1-AA1,429,1110
560.915
(4) (a) 1. All financial assistance provided by the department under
11sub. (2) (b) s. 560.915 (2) (b), 2005 stats., has been repaid.
SB40-ASA1-AA1, s. 3638zf
12Section 3638zf. 560.915 (4) (b) 2. of the statutes is renumbered 560.915 (4) (a)
132. and amended to read:
SB40-ASA1-AA1,429,1514
560.915
(4) (a) 2. The secretary certifies in the report that the department will
15not provide money to any fund under
sub. (2) (b)
s. 560.915 (2) (b), 2005 stats.
SB40-ASA1-AA1,429,1817
560.915
(4) (c) Deposit all money received in repayment of financial assistance
18under
sub. (2) (b) s. 560.915 (2) (b), 2005 stats., in the general fund.