Amendment SA6-SB453

LRBa1670/1

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2007 - 2008 LEGISLATURE

SENATE AMENDMENT 6, TO 2007 SENATE BILL 453

March 12, 2008 - Offered by Senator Roessler.

SB453-SA6,1,1 At the locations indicated, amend the bill as follows:

SB453-SA6,1,2 1. Page 2, line 18: after that line insert:

SB453-SA6,1,3 " Section 2d. 560.96 (2) (c) of the statutes is created to read:

SB453-SA6,1,6 560.96 (2) (c) The amount of any remaining, unclaimed technology zone credits, as allocated under par. (b), may be transferred to any technology zone in order to facilitate any of the following:

SB453-SA6,1,9 1. A project that creates and maintains for a period of time established by the department by rule full-time jobs in addition to any existing full-time jobs provided by the person.

SB453-SA6,1,12 2. A project that involves a significant investment of capital, as defined by the department by rule, by the person in new equipment, machinery, real property, or depreciable personal property.

SB453-SA6,2,3 3. A project that involves significant investments in the training or reeducation of employees, as defined by the department by rule, by the person for the purpose of improving the productivity or competitiveness of the business of the person.

SB453-SA6,2,7 4. A project that will result in the location or retention of a person's corporate headquarters in Wisconsin or that will result in the retention of employees holding full-time jobs in Wisconsin if the person's corporate headquarters are located in Wisconsin.".

SB453-SA6,2,8 (End)