SB27-SSA1,1185,1817
231.01
(7) (d) 2. Any office or clinic of a person licensed under ch. 446, 447, 448,
18449
, or 455
, or the substantially equivalent laws or rules of another state.
SB27-SSA1, s. 1736
19Section
1736. 231.03 (6) (a) 3. c. of the statutes is amended to read:
SB27-SSA1,1185,2320
231.03
(6) (a) 3. c. The expenditure, by or on behalf of a hospital, independent
21practitioner, partnership, unincorporated medical group or service corporation, as
22defined in s. 180.1901 (2)
, or the substantially equivalent laws or rules of another
23state, for clinical medical equipment.
SB27-SSA1,1186,9
1231.03
(6) (b) Refinance outstanding debt of any participating health
2institution if the department of health services certifies that refinancing will result
3in a reduction in the participating health institution's rates below the rates which
4would have otherwise prevailed, except that the authority may not refinance any
5office or clinic of a person licensed under ch. 446, 447, 448, 449 or 455
, or the
6substantially equivalent laws or rules of another state, and except that this
7certification is not required for the refinancing for a participating health institution
8that operates a facility as defined under s. 49.45 (6m) (a) 3
, or for a participating
9health institution that is located in another state.
SB27-SSA1,1186,21
11231.06 Property acquisition. The authority may acquire, directly or by and
12through a participating health institution, participating educational institution,
13participating research institution, or participating child care provider as its agent,
14by purchase or by gift or devise, such lands, structures, property, rights,
15rights-of-way, franchises, easements, and other interests in lands, including lands
16lying under water and riparian rights,
which are located within this state as it deems
17necessary or convenient for the construction or operation of a project, upon such
18terms and at such prices as it considers reasonable and can be agreed upon between
19it and the owner thereof, and take title thereto in the name of the authority or in the
20name of a health facility, educational facility, research facility, or child care center
21as its agent.
SB27-SSA1,1187,223
231.08
(8) The proceeds of a bond issued under this section may be used for a
24project in this state or any other state, except that if the proceeds of a bond are used
1for a project located in another state, that project shall include a substantial
2component located in this state, as determined by the executive director.
SB27-SSA1,1187,14
4231.20 Waiver of construction and bidding requirements. In exercising
5its powers under s. 101.12, the department of
commerce
safety and professional
6services or any city, village, town, or county may, within its discretion for proper
7cause shown, waive any particular requirements relating to public buildings,
8structures, grounds, works, and improvements imposed by law upon projects under
9this chapter; the requirements of s. 101.13 may not be waived, however. If, however,
10the prospective lessee so requests in writing, the authority shall, through the
11participating health institution, participating educational institution, participating
12research institution, or participating child care provider as its agent, call for
13construction bids in such manner as is determined by the authority with the approval
14of the lessee.
SB27-SSA1,1187,1916
231.27
(1) In this section, "minority business", "minority financial adviser" and
17"minority investment firm" mean a business, financial adviser and investment firm,
18respectively, certified by the department of
commerce
administration under s.
19560.036 16.287 (2).
SB27-SSA1,1187,2321
231.29
(1) In this section, "business," "financial adviser," and "investment firm"
22mean a business, financial adviser, and investment firm certified by the department
23of
commerce administration under s.
560.0335 16.283 (3).
SB27-SSA1,1188,5
1231.35
(6) (a) The authority shall enter into a guarantee agreement with any
2person who makes loans described under sub. (3) (b) and who wishes to have those
3loans guaranteed under this section. The guarantee agreement shall comply with
4the rules promulgated by the department of
commerce
administration under sub. (7)
5(b).
SB27-SSA1,1188,117
231.35
(6) (b) The authority may use money from the rural hospital loan fund
8to guarantee loans made for the purposes described in sub. (3) (b), if the authority
9sets out the terms and conditions of the guarantee in a guarantee agreement that
10complies with the rules promulgated by the department of
commerce administration 11under sub. (7) (b).
SB27-SSA1, s. 1745
12Section
1745. 231.35 (7) (intro.) of the statutes is amended to read:
SB27-SSA1,1188,1513
231.35
(7) (intro.) With the advice of the rural health development council, the
14department of
commerce administration shall promulgate rules specifying all of the
15following:
SB27-SSA1, s. 1746
16Section
1746. 234.01 (4n) (a) 3m. e. of the statutes is amended to read:
SB27-SSA1,1188,2017
234.01
(4n) (a) 3m. e. The facility is located in a targeted area, as determined
18by the authority after considering the factors set out in s. 560.605 (2m) (c), 2005
19stats., s. 560.605 (2m) (d), 2005 stats., s. 560.605 (2m) (e), 2005 stats., s. 560.605 (2m)
20(g), 2007 stats., and s. 560.605 (2m) (a), (b), (f), and (h)
, 2009 stats.
SB27-SSA1,1189,1222
234.02
(1) There is created a public body corporate and politic to be known as
23the "Wisconsin Housing and Economic Development Authority." The members of the
24authority shall be the
secretary of commerce chief executive officer of the Wisconsin
25Economic Development Corporation or his or her designee and the secretary of
1administration or his or her designee, and 6 public members nominated by the
2governor, and with the advice and consent of the senate appointed, for staggered
34-year terms commencing on the dates their predecessors' terms expire. In addition,
4one senator of each party and one representative to the assembly of each party
5appointed as are the members of standing committees in their respective houses
6shall serve as members of the authority. A member of the authority shall receive no
7compensation for services but shall be reimbursed for necessary expenses, including
8travel expenses, incurred in the discharge of duties. Subject to the bylaws of the
9authority respecting resignations, each member shall hold office until a successor
10has been appointed and has qualified. A certificate of appointment or reappointment
11of any member shall be filed with the authority and the certificate shall be conclusive
12evidence of the due and proper appointment.
SB27-SSA1, s. 1748
13Section
1748. 234.032 (2) (intro.) of the statutes is amended to read:
SB27-SSA1,1189,1614
234.032
(2) (intro.) The authority, in consultation with the
department of
15commerce Wisconsin Economic Development Corporation, shall do all of the
16following for each economic development program administered by the authority:
SB27-SSA1,1189,21
18234.034 Consistency with state housing strategy plan. Subject to
19agreements with bondholders or noteholders, the authority shall exercise its powers
20and perform its duties related to housing consistent with the state housing strategy
21plan under s.
560.9802 16.302.
SB27-SSA1,1190,623
234.06
(1) The authority may, as authorized in the state housing strategy plan
24under s.
560.9802 16.302, use the moneys held in the housing development fund to
25make temporary loans to eligible sponsors, with or without interest, and with such
1security for repayment, if any, as the authority determines reasonably necessary and
2practicable, solely from the housing development fund, to defray development costs
3for the construction of proposed housing projects for occupancy by persons and
4families of low and moderate income. No temporary loan may be made unless the
5authority may reasonably anticipate that satisfactory financing may be obtained by
6the eligible sponsor for the permanent financing of the housing project.
SB27-SSA1,1190,178
234.06
(3) The authority may, as authorized in the state housing strategy plan
9under s.
560.9802 16.302, use the moneys held in the housing development fund to
10establish and administer programs of grants to counties, municipalities
, and eligible
11sponsors of housing projects for persons of low and moderate income, to pay
12organizational expenses, administrative costs, social services, technical services,
13training expenses
, or costs incurred or expected to be incurred by counties,
14municipalities
, or sponsors for land and building acquisition, construction,
15improvements, renewal, rehabilitation, relocation
, or conservation under a plan to
16provide housing or related facilities, if the costs are not reimbursable from other
17private or public loan, grant
, or mortgage sources.
SB27-SSA1,1190,2219
234.08
(5) This section does not supersede or impair the power of the
20department of commerce Wisconsin Economic Development Corporation to carry out
21its program responsibilities relating to economic development which are funded by
22bonds or notes issued under this section.
SB27-SSA1,1191,224
234.08
(6) The authority may reimburse the
department of commerce 25Wisconsin Economic Development Corporation its operating costs to carry out its
1program responsibilities relating to economic development which are funded by
2bonds or notes issued under this section.
SB27-SSA1,1191,94
234.165
(2) (b) 2. Annually before August 31 the authority shall submit to the
5governor a plan for expending or encumbering the actual surplus reported under
6subd. 1. The part of the plan related to housing shall be consistent with the state
7housing strategy plan under s.
560.9802 16.302. The plan submitted under this
8subdivision may be attached to and submitted as a part of the report filed under subd.
91.
SB27-SSA1,1191,1411
234.25
(1) (e) An evaluation of its progress in implementing within its own
12housing programs the goals, policies
, and objectives of the state housing strategy
13plan under s.
560.9802 16.302, and recommendations for legislation to improve its
14ability to carry out its programs consistent with the state housing strategy plan.
SB27-SSA1,1191,17
16234.255 (title)
Economic development assistance coordination and
17reporting.
SB27-SSA1, s. 1757
18Section
1757. 234.255 of the statutes is renumbered 234.255 (2) and amended
19to read:
SB27-SSA1,1192,2
20234.255 (2) Annually, no later than October 1, the authority shall submit to the
21joint legislative audit committee and to the appropriate standing committees of the
22legislature under s. 13.172 (3) a comprehensive report assessing economic
23development programs, as defined in s. 234.032 (1), administered by the authority.
24The report shall include all of the information required under s.
560.01 (2) (am) 25238.07 (2). The authority shall collaborate with the
department of commerce
1Wisconsin Economic Development Corporation to make readily accessible to the
2public on an Internet-based system the information required under this section.
SB27-SSA1,1192,54
234.255
(1) The authority shall coordinate any economic development
5assistance with the Wisconsin Economic Development Corporation.
SB27-SSA1,1192,107
234.35
(1) In this section, "minority business", "minority financial adviser" and
8"minority investment firm" mean a business, financial adviser and investment firm,
9respectively, certified by the department of
commerce
administration under s.
10560.036 16.287 (2).
SB27-SSA1,1192,1412
234.36
(1) In this section, "business," "financial adviser," and "investment firm"
13mean a business, financial adviser, and investment firm certified by the department
14of
commerce administration under s.
560.0335 16.283 (3).
SB27-SSA1, s. 2832g
15Section 2832g. 234.622 (4) of the statutes is renumbered 234.622 (4) (intro.)
16and amended to read:
SB27-SSA1,1192,1717
234.622
(4) (intro.) "Participant" means
a all of the following:
SB27-SSA1,1192,19
18(a) A natural person 65 years of age or older who has been accepted into the
19program.
SB27-SSA1,1192,2221
234.622
(4) (b) A veteran, as defined in s. 45.01 (12) (a) to (f), who has been
22accepted into the program.
SB27-SSA1,1193,324
234.65
(1) (a) With the consent of the
department of commerce Wisconsin
25Economic Development Corporation and subject to par. (f), the authority may issue
1its negotiable bonds and notes to finance its economic development activities
2authorized or required under this chapter, including financing economic
3development loans.
SB27-SSA1,1193,105
234.65
(1) (f) The authority may not issue bonds or notes under par. (a) unless
6it has contracted to reimburse the
department of commerce Wisconsin Economic
7Development Corporation a sum certain for the
department's corporation's operating
8costs in carrying out its responsibilities to effectuate and promote the economic
9development programs created with the bonding authority in this chapter and its
10responsibilities under s.
560.03 (17) 238.25.
SB27-SSA1,1193,1512
234.65
(1m) The
department of commerce
Wisconsin Economic Development
13Corporation shall, in consultation with the authority,
promulgate rules and adopt
14rules and procedures
, in accordance with the procedures under ch. 227, to implement
15sub. (3).
SB27-SSA1,1193,2117
234.65
(3) (a) The business that will receive the loan, at least 30 days prior to
18signing of the loan contract, has given notice of intent to sign the contract, on a form
19prescribed under s.
560.034 238.11 (1), to the
department of commerce Wisconsin
20Economic Development Corporation and to any collective bargaining agent in this
21state with whom the person has a collective bargaining agreement.
SB27-SSA1,1194,323
234.65
(3) (am) The authority has received an estimate issued under s.
560.034 24238.11 (5) (b), and the
department of commerce Wisconsin Economic Development
25Corporation has estimated whether the project that the authority would finance
1under the loan is expected to eliminate, create
, or maintain jobs on the project site
2and elsewhere in this state and the net number of jobs expected to be eliminated,
3created
, or maintained as a result of the project.
SB27-SSA1,1194,75
234.65
(3m) An economic development loan may not be made unless the
6department of commerce Wisconsin Economic Development Corporation complies
7with sub. (1m) and certifies that each loan complies with sub. (3).
SB27-SSA1,1194,179
234.65
(3r) Any economic development loan
which that a business receives
10from the authority under this section to finance a project shall require the business
11to submit to the
department of commerce Wisconsin Economic Development
12Corporation within 12 months after the project is completed or 2 years after a loan
13is issued to finance the project, whichever is sooner, on a form prescribed under s.
14560.034 234.11 (1), the net number of jobs eliminated, created
, or maintained on the
15project site and elsewhere in this state as a result of the project. This subsection does
16not apply to an economic development loan to finance an economic development
17project described under s. 234.01 (4n) (c).
SB27-SSA1, s. 1768
18Section
1768. 234.65 (5) (intro.) of the statutes is amended to read:
SB27-SSA1,1194,2319
234.65
(5) (intro.) On or before July 1, 1985, and every July 1 thereafter, the
20department of commerce Wisconsin Economic Development Corporation shall
21submit to the chief clerk of each house of the legislature, for distribution to the
22appropriate standing committees under s. 13.172 (3), a report
which shall address 23that addresses the effects of lending under this section in the following areas:
SB27-SSA1,1195,6
1234.75 Public affairs network loan guarantee program. (1) Definition. 2In this section, "public affairs network" means a nonprofit corporation organized
3under the laws of this state that has as its primary purpose the broadcast of
4proceedings of the legislature, including legislative committee meetings, and the
5reporting of events and activities related to politics in this state, through television,
6radio, the Internet, or similar communications media.
SB27-SSA1,1195,9
7(2) Guarantee requirements. The authority may use money from the
8Wisconsin development reserve fund to guarantee the unpaid principal of a loan
9under sub. (5) if all of the following apply:
SB27-SSA1,1195,1110
(a) The borrower applies for a loan guarantee on a form provided by the
11authority.
SB27-SSA1,1195,1312
(b) The loan is eligible for a guarantee under sub. (3), and any applicable
13requirements under sub. (5) are met.
SB27-SSA1,1195,1514
(c) The lender is the authority or a financial institution that enters into an
15agreement under s. 234.93 (2) (a).
SB27-SSA1,1195,17
16(3) Eligible loans. A loan is eligible for guarantee of collection under sub. (5)
17from the Wisconsin development reserve fund if all of the following apply:
SB27-SSA1,1195,1818
(a) The loan principal equals $5,000,000 or less.
SB27-SSA1,1195,1919
(b) The authority determines that the borrower is a public affairs network.
SB27-SSA1,1195,2120
(c) The borrower certifies that loan proceeds will be used for the borrower's
21operating expenses or expenses related to a capital project.
SB27-SSA1,1195,2322
(d) The borrower certifies that loan proceeds will not be used to refinance
23existing debt or for entertainment expenses.
SB27-SSA1,1196,3
1(e) The loan term is not less that 13 years, and the borrower is not required to
2to pay any principal or interest on the loan within the first 3 years after the loan is
3made.
SB27-SSA1,1196,54
(f) The terms of the loan authorize the lender to obtain a security interest in
5the real or personal property of the borrower to secure repayment of the loan.
SB27-SSA1,1196,9
6(4) Authority loan. The authority may make a loan to a public affairs network
7if the loan meets the eligibility requirements under sub. (3), except that the total
8principal amount of all loans that the authority makes under this subsection may not
9exceed $5,000,000.
SB27-SSA1,1196,14
10(5) Guarantee of repayment. (a) Subject to par. (b), the authority shall
11guarantee collection of all or part of the unpaid principal of a loan eligible for
12guarantee under sub. (3). The authority shall establish the amount of the unpaid
13principal of an eligible loan that will be guaranteed using the procedures described
14in the guarantee agreement under s. 234.93 (2) (a).
SB27-SSA1,1196,1515
(b) A loan guarantee under this subsection is subject to all of the following: