SB40-ASA1-AA1,421,5 51968. Page 1479, line 13: after that line insert:
SB40-ASA1-AA1,421,6 6" Section 3574g. 560.17 (5r) of the statutes is repealed.
SB40-ASA1-AA1, s. 3574i 7Section 3574i. 560.17 (6m) (a) of the statutes is renumbered 560.17 (6m) and
8amended to read:
SB40-ASA1-AA1,421,119 560.17 (6m) Except as provided in par. (b), in order to To receive a grant or loan
10under this section a person or business shall contribute cash, from a source other
11than the state, in an amount that equals at least 25% of the total cost of the project.
SB40-ASA1-AA1, s. 3574k 12Section 3574k. 560.17 (6m) (b) of the statutes is repealed.
SB40-ASA1-AA1, s. 3574m 13Section 3574m. 560.17 (7) (a) of the statutes is amended to read:
SB40-ASA1-AA1,421,2014 560.17 (7) (a) Except as provided in par. (am), the department shall designate
15staff to evaluate applications for grants or loans and assist the board under this
16section. The board shall act on an application for a grant or loan at its next regularly
17scheduled meeting after the department determines that the application is complete,
18except that the board shall act on an application for a loan under sub. (5r) and advise
19the applicant of its decision within 45 days after the department determines that the
20application is complete
.".
SB40-ASA1-AA1,421,21 211969. Page 1480, line 5: after that line insert:
SB40-ASA1-AA1,421,22 22" Section 3577k. 560.205 (1) (g) of the statutes is amended to read:
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-AA1,422,5 51970. Page 1480, line 5: after that line insert:
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-AA1,422,11 111971. Page 1480, line 21: after that line insert:
SB40-ASA1-AA1,422,12 12" Section 3578d. 560.207 of the statutes is created to read:
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-AA1,423,7 71972. Page 1480, line 21: after that line insert:
SB40-ASA1-AA1,423,8 8" Section 3578d. 560.2055 of the statutes is created to read:
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-AA1,423,23 231973. Page 1480, line 21: after that line insert:
SB40-ASA1-AA1,423,24 24" Section 3578h. 560.208 of the statutes is created to read:
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-AA1,424,16 161974. Page 1484, line 1: before that line insert:
SB40-ASA1-AA1,424,17 17" Section 3581zd. 560.42 (5) of the statutes is amended to read:
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, s. 3581zf 5Section 3581zf. 560.52 (1) (intro.) of the statutes is amended to read:
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, s. 3581zh 10Section 3581zh. 560.55 of the statutes is amended to read:
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-AA1,425,23 231975. Page 1487, line 15: after that line insert:
SB40-ASA1-AA1,425,24 24" Section 3621d. 560.607 (2) of the statutes is repealed.".
SB40-ASA1-AA1,426,1
11976. Page 1489, line 10: delete lines 10 to 25.
SB40-ASA1-AA1,426,2 21977. Page 1489, line 25: after that line insert:
SB40-ASA1-AA1,426,3 3" Section 3636d. 560.799 (title) of the statutes is amended to read:
SB40-ASA1-AA1,426,4 4560.799 (title) Enterprise Rural enterprise zone.
SB40-ASA1-AA1, s. 3636e 5Section 3636e. 560.799 (1) (bm) 1. of the statutes is amended to read:
SB40-ASA1-AA1,426,66 560.799 (1) (bm) 1. A business' employees in a economic rural enterprise zone.
SB40-ASA1-AA1, s. 3636f 7Section 3636f. 560.799 (3) (a) of the statutes is amended to read:
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, s. 3636g 12Section 3636g. 560.799 (5) (a) of the statutes is amended to read:
SB40-ASA1-AA1,426,1313 560.799 (5) (a) A business that begins operations in a rural enterprise zone.
SB40-ASA1-AA1, s. 3636h 14Section 3636h. 560.799 (5) (b) of the statutes is amended to read:
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, s. 3636i 19Section 3636i. 560.799 (5) (c) (intro.) of the statutes is amended to read:
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, s. 3636j 22Section 3636j. 560.799 (5) (c) 1. b. of the statutes is amended to read:
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, s. 3636k 3Section 3636k. 560.799 (5) (c) 2. (intro.) of the statutes is amended to read:
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, s. 3636L 6Section 3636L. 560.799 (6) (b) 2. of the statutes is amended to read:
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, s. 3636m 9Section 3636m. 560.799 (6) (b) 3. of the statutes is amended to read:
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-AA1,427,13 131978. Page 1490, line 7: after that line insert:
SB40-ASA1-AA1,427,14 14" Section 3638b. 560.80 (3m) of the statutes is repealed.
SB40-ASA1-AA1, s. 3638d 15Section 3638d. 560.80 (5) of the statutes is amended to read:
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, s. 3638f 18Section 3638f. 560.80 (5m) of the statutes is repealed.
SB40-ASA1-AA1, s. 3638h 19Section 3638h. 560.80 (11) of the statutes is amended to read:
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, s. 3638j 22Section 3638j. 560.81 (4) of the statutes is repealed.
SB40-ASA1-AA1, s. 3638L 23Section 3638L. 560.837 of the statutes is repealed.
SB40-ASA1-AA1, s. 3638n 24Section 3638n. 560.84 (1) (f) of the statutes is amended to read:
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, s. 3638p 3Section 3638p. 560.84 (1) (j) of the statutes is amended to read:
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, s. 3638r 7Section 3638r. 560.85 (3) (b) of the statutes is amended to read:
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, s. 3638t 12Section 3638t. 560.905 (2) of the statutes is amended to read:
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. 3638v 22Section 3638v. 560.91 of the statutes is repealed.
SB40-ASA1-AA1, s. 3638x 23Section 3638x. 560.915 (2) and (3) of the statutes are repealed.
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. 3638zb 7Section 3638zb. 560.915 (4) (b) (intro.) of the statutes is repealed.
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:
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