AB40-ASA1,1313,1915
238.16
(4) (b) 1. The
department
corporation may award to a person certified
16under sub. (2) tax benefits for each eligible employee in an amount equal to
up to 10
17percent of the wages paid by the person to that employee
or $10,000, whichever is
18less, if that employee earned wages in the year for which the tax benefit is claimed
19equal to one of the following:
AB40-ASA1,1313,2120
a. In a tier I county or municipality, at least $20,000
but not more than
21$100,000.
AB40-ASA1,1313,2322
b. In a tier II county or municipality, at least $30,000
but not more than
23$100,000.
AB40-ASA1, s. 3365
24Section
3365. 560.2055 (4) (b) 2. and (c) of the statutes are renumbered 238.16
25(4) (b) 2. and (c) and amended to read:
AB40-ASA1,1314,4
1238.16
(4) (b) 2. The
department corporation may award to a person certified
2under sub. (2) tax benefits in an amount to be determined by the
department by rule 3corporation for costs incurred by the person to undertake the training activities
4described in sub. (3) (c).
AB40-ASA1,1314,75
(c) Subject to a reallocation by the
department
corporation pursuant to rules
6promulgated adopted under s.
560.205 238.215 (3) (d), the
department corporation 7may allocate up to $5,000,000 in tax benefits under this section in any calendar year.
AB40-ASA1, s. 3366
8Section
3366. 560.2055 (5) of the statutes is renumbered 238.16 (5), and
9238.16 (5) (title), (a), (b), (c), (d), (e) and (f) (intro.) and 1. (intro.), as renumbered, are
10amended to read:
AB40-ASA1,1314,1311
238.16
(5) (title)
Duties of the department corporation. (a) The
department
12of commerce corporation shall notify the department of revenue when the
13department of commerce corporation certifies a person to receive tax benefits.
AB40-ASA1,1314,1514
(b) The
department of commerce corporation shall notify the department of
15revenue within 30 days of revoking a certification made under sub. (2).
AB40-ASA1,1314,1816
(c) The
department corporation may require a person to repay any tax benefits
17the person claims for a year in which the person failed to maintain employment
18required by an agreement under sub. (2) (b).
AB40-ASA1,1314,2119
(d) The
department corporation shall determine the maximum amount of the
20tax credits under ss. 71.07 (3q), 71.28 (3q), and 71.47 (3q) that a certified business
21may claim and shall notify the department of revenue of this amount.
AB40-ASA1,1314,2422
(e) The
department corporation shall annually verify the information
23submitted to the
department corporation by the person claiming tax benefits under
24ss. 71.07 (3q), 71.28 (3q), and 71.47 (3q).
AB40-ASA1,1315,3
1(f) (intro.) The
department corporation shall
promulgate adopt rules for the
2implementation and operation of this section, including rules relating to the
3following:
AB40-ASA1,1315,64
1. (intro.) The definitions of a tier I county or municipality and a tier II county
5or municipality. The
department corporation may consider all of the following
6information when establishing the definitions required under this subdivision:
AB40-ASA1, s. 3367
7Section
3367. 560.2056 of the statutes is renumbered 93.54 and amended to
8read:
AB40-ASA1,1315,12
993.54 Food processing plant and food warehouse investment credit. 10(1) The department
of commerce shall implement a program to certify taxpayers as
11eligible for the food processing plant and food warehouse investment credit under ss.
1271.07 (3rn), 71.28 (3rn), and 71.47 (3rn).
AB40-ASA1,1315,19
13(2) If the department
of commerce certifies a taxpayer under sub. (1), the
14department
of commerce shall determine the amount of credits to allocate to that
15taxpayer. The total amount of food processing plant and food warehouse investment
16credits allocated to taxpayers in fiscal year 2009-10 may not exceed $600,000 and
17the total amount of food processing plant and food warehouse investment credits
18allocated to taxpayers in fiscal year 2010-11, and in each fiscal year thereafter, may
19not exceed $700,000.
AB40-ASA1,1315,22
20(3) The department
of commerce shall inform the department of revenue of
21every taxpayer certified under sub. (1) and the amount of credits allocated to the
22taxpayer.
AB40-ASA1,1315,24
23(4) The department
of commerce, in consultation with the department of
24revenue, shall promulgate rules to administer this section.
AB40-ASA1, s. 3368
1Section
3368. 560.206 of the statutes is renumbered 41.155, and 41.155 (4),
2as renumbered, is amended to read:
AB40-ASA1,1316,43
41.155
(4) The department of
commerce
tourism, in consultation with the
4department of revenue, shall promulgate rules to administer this section.
AB40-ASA1, s. 3369
5Section
3369. 560.207 of the statutes is renumbered 93.535 and amended to
6read:
AB40-ASA1,1316,11
793.535 Dairy manufacturing facility investment credit. (1) The
8department
of commerce shall implement a program to certify taxpayers, including
9taxpayers who are members of dairy cooperatives, as eligible for the dairy
10manufacturing facility investment credit under ss. 71.07 (3p), 71.28 (3p), and 71.47
11(3p).
AB40-ASA1,1316,23
12(2) If the department
of commerce certifies a taxpayer under sub. (1), the
13department
of commerce shall determine the amount of credits to allocate to that
14taxpayer. The total amount of dairy manufacturing facility investment credits
15allocated to taxpayers in fiscal year 2007-08 may not exceed $600,000 and the total
16amount of dairy manufacturing facility investment credits allocated to taxpayers
17who are not members of dairy cooperatives in fiscal year 2008-09, and in each fiscal
18year thereafter, may not exceed $700,000. The total amount of dairy manufacturing
19facility investment credits allocated to taxpayers who are members of dairy
20cooperatives in fiscal year 2009-10 may not exceed $600,000 and the total amount
21of dairy manufacturing facility investment credits allocated to taxpayers who are
22members of dairy cooperatives in fiscal year 2010-11, and in each fiscal year
23thereafter, may not exceed $700,000.
AB40-ASA1,1317,3
1(3) The department
of commerce shall inform the department of revenue of
2every taxpayer certified under sub. (1) and the amount of credits allocated to the
3taxpayer.
AB40-ASA1,1317,5
4(4) The department
of commerce, in consultation with the department of
5revenue, shall promulgate rules to administer this section.
AB40-ASA1, s. 3370
6Section
3370. 560.208 of the statutes is renumbered 93.545 and amended to
7read:
AB40-ASA1,1317,10
893.545 Meat processing facility investment credit. (1) The department
9of commerce shall implement a program to certify taxpayers as eligible for the meat
10processing facility investment credit under ss. 71.07 (3r), 71.28 (3r), and 71.47 (3r).
AB40-ASA1,1317,16
11(2) If the department
of commerce certifies a taxpayer under sub. (1), the
12department
of commerce shall determine the amount of credits to allocate to that
13taxpayer. The total amount of meat processing facility investment credits allocated
14to taxpayers in fiscal year 2009-10 may not exceed $300,000 and the total amount
15of meat processing facility investment credits allocated to taxpayers in fiscal year
162010-11, and in each fiscal year thereafter, may not exceed $700,000.
AB40-ASA1,1317,19
17(3) The department
of commerce shall inform the department of revenue of
18every taxpayer certified under sub. (1) and the amount of credits allocated to the
19taxpayer.
AB40-ASA1,1317,21
20(4) The department
of commerce, in consultation with the department of
21revenue, shall promulgate rules to administer this section.
AB40-ASA1, s. 3371
22Section
3371. 560.2085 of the statutes is renumbered 238.20, and 238.20 (1)
23(intro.), (2) and (3), as renumbered, are amended to read:
AB40-ASA1,1318,424
238.20
(1) (intro.) The
department
corporation shall implement a program to
25certify qualified new business ventures for purposes of s. 71.05 (24). A business
1desiring certification shall submit an application to the
department corporation in
2each taxable year for which the business desires certification. Subject to sub. (2), a
3business may be certified under this subsection, and may maintain such
4certification, only if the business is engaged in one of the following:
AB40-ASA1,1318,9
5(2) The
department corporation may not certify a business under sub. (1) if the
6business is engaged in real estate development, insurance, banking, lending,
7lobbying, political consultation, professional services provided by attorneys,
8accountants, business consultants, physicians, or health care consultants, wholesale
9or retail sales, leisure, hospitality, transportation, or construction.
AB40-ASA1,1318,12
10(3) (a) The
department corporation shall maintain a list of businesses certified
11under sub. (1) and shall permit public access to the lists through the
department's 12corporation's Internet Web site.
AB40-ASA1,1318,1513
(b) The
department of commerce corporation shall notify the department of
14revenue of every certification issued under sub. (1) and the date on which a
15certification under sub. (1) is revoked or expires.
AB40-ASA1, s. 3372
16Section
3372. 560.209 of the statutes is renumbered 93.547 and amended to
17read:
AB40-ASA1,1318,21
1893.547 Woody biomass harvesting and processing credit. (1) The
19department
of commerce shall implement a program to certify taxpayers as eligible
20for the woody biomass harvesting and processing credit under ss. 71.07 (3rm), 71.28
21(3rm), and 71.47 (3rm).
AB40-ASA1,1319,3
22(2) If the department
of commerce certifies a taxpayer under sub. (1), the
23department
of commerce shall determine the amount of credits to allocate to that
24taxpayer. The total amount of woody biomass harvesting and processing credits
25allocated to taxpayers in any fiscal year may not exceed $900,000. In each fiscal year,
1the department
of commerce shall allocate $450,000 in tax credits to businesses that,
2individually, have no more than $5,000,000 in gross receipts from doing business in
3this state for the taxable year in which the credit is claimed.
AB40-ASA1,1319,6
4(3) The department
of commerce shall inform the department of revenue of
5every taxpayer certified under sub. (1) and the amount of credits allocated to the
6taxpayer.
AB40-ASA1,1319,8
7(4) The department
of commerce, in consultation with the department of
8revenue, shall promulgate rules to administer this section.
AB40-ASA1, s. 3380m
17Section 3380m. 560.285 (title) of the statutes is renumbered 101.934 (title).
AB40-ASA1, s. 3381f
20Section 3381f. 560.285 (3) of the statutes is renumbered 101.934 (3) and
21amended to read:
AB40-ASA1,1320,322
101.934
(3) Administration. The department shall contract with one or more
23entities that are exempt from taxation under section
501 (a) of the Internal Revenue
24Code and that employ individuals with technical expertise concerning manufactured
25housing for the administration of the grant program under this section. The
1department shall promulgate rules to establish the grant program under this
2section. To the extent feasible, the department shall coordinate the program under
3this section with the state housing strategy plan under s.
560.9802 16.302.
AB40-ASA1, s. 3383
5Section
3383. Subchapter II (title) of chapter 560 [precedes 560.30] of the
6statutes is repealed.
AB40-ASA1, s. 3390
13Section
3390. Subchapter III (title) of chapter 560 [precedes 560.41] of the
14statutes is repealed.
AB40-ASA1, s. 3396
20Section
3396. Subchapter IV (title) of chapter 560 [precedes 560.51] of the
21statutes is repealed.
AB40-ASA1, s. 3400
1Section
3400. Subchapter V (title) of chapter 560 [precedes 560.60] of the
2statutes is repealed.
AB40-ASA1, s. 3407
9Section
3407. Subchapter VI (title) of chapter 560 [precedes 560.70] of the
10statutes is repealed.
AB40-ASA1, s. 3408
11Section
3408. 560.70 (intro.), (2), (2g), (2m), (3), (4), (4m), (5), (6) and (7) of the
12statutes are renumbered 238.30 (intro.), (2), (2g), (2m), (3), (4), (4m), (5), (6) and (7),
13and 238.30 (intro.), (2g), (2m) (b), (4) and (7) (b) 1. and 2., (c) and (d), as renumbered,
14are amended to read:
AB40-ASA1,1321,16
15238.30 Definitions. (intro.) In this section and ss.
560.71 to 560.795 238.31
16to 238.395:
AB40-ASA1,1321,17
17(2g) "Eligible activity" means an activity described under s.
560.702 238.302.
AB40-ASA1,1321,24
18(2m) (b) The
department may by rule specify corporation may adopt a rule
19specifying circumstances under which the
department corporation may grant
20exceptions to the requirement under par. (a) that a full-time job means a job in which
21an individual, as a condition of employment, is required to work at least 2,080 hours
22per year, but under no circumstances may a full-time job mean a job in which an
23individual, as a condition of employment, is required to work less than 37.5 hours per
24week.
AB40-ASA1,1322,3
1(4) "Local governing body" means the governing body of one or more cities,
2villages, towns
, or counties or the elected governing body of a federally recognized
3American Indian tribe or band in this state.
AB40-ASA1,1322,9
4(7) (b) 1. Except as provided in subd. 2., in s.
560.795 238.395, "tax benefits"
5means the development zones investment credit under ss. 71.07 (2di), 71.28 (1di),
6and 71.47 (1di) and the development zones credit under ss. 71.07 (2dx), 71.28 (1dx),
771.47 (1dx), and 76.636. With respect to the development opportunity zones under
8s.
560.795 238.395 (1) (e) and (f), "tax benefits" also means the development zones
9capital investment credit under ss. 71.07 (2dm), 71.28 (1dm), and 71.47 (1dm).
AB40-ASA1,1322,1310
2. With respect to the development opportunity zones under s.
560.795 238.395 11(1) (g) and (h), "tax benefits" means the development zone credits under ss. 71.07
12(2dx), 71.28 (1dx), 71.47 (1dx), and 76.636 and the development zones capital
13investment credit under ss. 71.07 (2dm), 71.28 (1dm), and 71.47 (1dm).
AB40-ASA1,1322,1614
(c) In s.
560.798 238.398, "tax benefits" means the development zones capital
15investment credit under ss. 71.07 (2dm), 71.28 (1dm), and 71.47 (1dm) and the
16development zones credits under ss. 71.07 (2dx), 71.28 (1dx), 71.47 (1dx), and 76.636.
AB40-ASA1,1322,1917
(d) In ss.
560.701 to 560.706 238.301 to 238.306, "tax benefits" means the
18economic development tax credit under ss. 71.07 (2dy), 71.28 (1dy), 71.47 (1dy), and
1976.637.
