SB27-SSA1,1196,1716
1. The authority shall guarantee at least 90 percent of the unpaid principal of
17an eligible loan.
SB27-SSA1,1196,1918
2. The total principal amount of all loans guaranteed under this subsection may
19not exceed $5,000,000.
SB27-SSA1,1196,2420
3. Before the authority guarantees a loan under this subsection, the authority
21shall demonstrate to the satisfaction of the secretary of administration that there are
22sufficient moneys in the Wisconsin development reserve fund to guarantee the loan,
23or that there are sufficient moneys in the housing rehabilitation loan program
24administration fund that may be transferred under par. (c) to guarantee the loan.
SB27-SSA1,1197,4
1(c) Notwithstanding s. 234.51 (2), the authority may transfer moneys from the
2housing rehabilitation loan program administration fund to the Wisconsin
3development reserve fund for a loan guarantee under this subsection if all of the
4following conditions are met:
SB27-SSA1,1197,65
1. The authority determines that the transfer is necessary to secure the loan
6guarantee.
SB27-SSA1,1197,77
2. The transfer of moneys does not exceed $5,000,000.
SB27-SSA1,1197,108
3. Within 14 days after the transfer, the authority submits a report to the joint
9committee on finance that includes the amount of the transfer and a description of
10the circumstances surrounding the transfer.
SB27-SSA1,1197,1312
234.83
(1c) (b) "Small business" means a business, as defined in s.
560.60 (2)
1384.185 (1) (a), that employs 50 or fewer employees on a full-time basis.
SB27-SSA1,1197,1615
234.84
(1) Definition. In this section,
"department" "corporation" means the
16department of commerce Wisconsin Economic Development Corporation.
SB27-SSA1,1197,1918
234.84
(3) (c) The interest rate on the loan, including any origination fees or
19other charges, is approved by the
department corporation.
SB27-SSA1,1198,321
234.84
(4) (a) Subject to par. (b), the authority shall guarantee collection of a
22percentage of the principal of, and all interest and any other amounts outstanding
23on, any loan eligible for a guarantee under sub. (2). The
department corporation 24shall establish the percentage of the principal of an eligible loan that will be
25guaranteed, using the procedures described in the agreement under s. 234.932 (3)
1(a). The
department corporation may establish a single percentage for all
2guaranteed loans or establish different percentages for eligible loans on an
3individual basis.
SB27-SSA1,1198,125
234.84
(5) (a) The program under this section shall be administered by the
6department corporation with the cooperation of the authority. The
department 7corporation shall enter into a memorandum of understanding with the authority
8setting forth the respective responsibilities of the
department corporation and the
9authority with regard to the administration of the program, including the functions
10and responsibilities specified in s. 234.932. The memorandum of understanding
11shall provide for reimbursement to the
department
corporation by the authority for
12costs incurred by the
department corporation in the administration of the program.
SB27-SSA1,1198,1614
234.84
(5) (b) The
department corporation may charge a premium, fee
, or other
15charge to a borrower of a guaranteed loan under this section for the administration
16of the loan guarantee.
SB27-SSA1,1198,2018
234.93
(1) (cm) Any moneys transferred under
1999 Wisconsin Act 9, section
199125 (1),
or under s. 234.75 (5) (c), from the housing rehabilitation loan program
20administration fund.
SB27-SSA1,1199,222
234.93
(4) (a) 2. To fund guarantees under all of the programs guaranteed by
23funds from the Wisconsin development reserve fund, except for the program under
24s. 234.935, 1997 stats.,
and the program under s. 234.75, at a ratio of $1 of reserve
1funding to $4.50 of total outstanding principal and outstanding guaranteed principal
2that the authority may guarantee under all of those programs.
SB27-SSA1,1199,74
234.93
(4) (a) 3. To fund guarantees under the program under s. 234.935, 1997
5stats.,
and the program under s. 234.75 at a ratio of $1 of reserve funding to $4 of total
6principal and outstanding guaranteed principal that the authority may guarantee
7under that program.
SB27-SSA1,1199,1210
234.932
(2) (a) Moneys
appropriated to the authority under s. 20.490 (6) (a) and
11(k) or received by the authority for the Wisconsin job training reserve fund from any
12other source.
SB27-SSA1, s. 1777
13Section
1777. 234.932 (3) (a) (intro.) of the statutes is amended to read:
SB27-SSA1,1199,1914
234.932
(3) (a) (intro.) The authority
or department shall enter into a
15guarantee agreement with any bank, production credit association, credit union,
16savings bank, savings and loan association
, or other person who wishes to participate
17in the loan program guaranteed by the Wisconsin job training reserve fund. The
18authority
or department may determine all of the following, consistent with the
19terms of the loan guarantee program:
SB27-SSA1,1199,2221
234.932
(3) (a) 2. Any conditions upon which the authority
or department may
22refuse to enter into such an agreement.
SB27-SSA1,1200,324
234.932
(3) (c) The
department Wisconsin Economic Development Corporation 25may establish an eligibility criteria review panel, consisting of experts in finance and
1in the subject area of the job training loan guarantee program, to provide advice
2about lending requirements and issues related to the job training loan guarantee
3program.
SB27-SSA1,1200,155
234.932
(4) Increases or decreases in loan guarantees. The authority
or
6department may request the joint committee on finance to take action under s. 13.10
7to permit the authority to increase or decrease the total outstanding guaranteed
8principal amount of loans that it may guarantee under the job training loan
9guarantee program. Included with its request, the authority
or department shall
10provide a projection, for the next June 30, that compares the amounts required on
11that date to pay outstanding claims and to fund guarantees under the job training
12loan guarantee program, and the balance remaining in the Wisconsin job training
13reserve fund on that date after deducting such amounts, if the increase or decrease
14is approved, with such amounts and the balance remaining, if the increase or
15decrease is not approved.
SB27-SSA1,1200,2017
234.932
(5) Annual report. Annually, the authority
or department shall report
18on the number and total dollar amount of guaranteed loans under the job training
19loan guarantee program, the default rate on the loans and any other information on
20the program that the authority
or department determines is significant.
SB27-SSA1,1200,2322
235.02
(2) (d) The
secretary of commerce, or the secretary's chief executive
23officer of the Wisconsin Economic Development Corporation, or his or her designee.
SB27-SSA1,1201,13
1236.12
(2) (a) Two copies for each of the state agencies required to review the
2plat to the department which shall examine the plat for compliance with ss. 236.15,
3236.16, 236.20 and 236.21 (1) and (2). If the subdivision abuts or adjoins a state trunk
4highway or connecting highway, the department shall transmit 2 copies to the
5department of transportation so that agency may determine whether it has any
6objection to the plat on the basis of its rules as provided in s. 236.13. If the subdivision
7is not served by a public sewer and provision for that service has not been made, the
8department shall transmit 2 copies to the department of
commerce safety and
9professional services so that that agency may determine whether it has any objection
10to the plat on the basis of its rules as provided in s. 236.13. In lieu of this procedure
11the agencies may designate local officials to act as their agents in examining the plats
12for compliance with the statutes or their rules by filing a written delegation of
13authority with the approving body.
SB27-SSA1,1201,1815
236.13
(1) (d) The rules of the department of
commerce safety and professional
16services relating to lot size and lot elevation necessary for proper sanitary conditions
17in a subdivision not served by a public sewer, where provision for public sewer service
18has not been made;
SB27-SSA1,1202,820
236.13
(2m) As a further condition of approval when lands included in the plat
21lie within 500 feet of the ordinary high-water mark of any navigable stream, lake
22or other body of navigable water or if land in the proposed plat involves lake or stream
23shorelands referred to in s. 236.16, the department of natural resources, to prevent
24pollution of navigable waters, or the department of
commerce safety and professional
25services, to protect the public health and safety, may require assurance of adequate
1drainage areas for private sewage disposal systems and building setback
2restrictions, or provisions by the owner for public sewage disposal facilities for
3waters of the state, as defined in s. 281.01 (18), industrial wastes, as defined in s.
4281.01 (5), and other wastes, as defined in s. 281.01 (7). The public sewage disposal
5facilities may consist of one or more systems as the department of natural resources
6or the department of
commerce safety and professional services determines on the
7basis of need for prevention of pollution of the waters of the state or protection of
8public health and safety.
SB27-SSA1,1202,17
10236.335 Prohibited subdividing; forfeit. No lot or parcel in a recorded plat
11may be divided, or used if so divided, for purposes of sale or building development if
12the resulting lots or parcels do not conform to this chapter, to any applicable
13ordinance of the approving authority or to the rules of the department of
commerce 14safety and professional services under s. 236.13. Any person making or causing such
15a division to be made shall forfeit not less than $100 nor more than $500 to the
16approving authority, or to the state if there is a violation of this chapter or the rules
17of the department of
commerce safety and professional services.
SB27-SSA1, s. 1787
18Section
1787. Subchapter I (title) of chapter 238 [precedes 238.01] of the
19statutes is created to read:
SB27-SSA1,1202,2221
subchapter I
22
general provisions
SB27-SSA1,1203,3
1238.02
(4) All powers and duties assigned to the corporation under this chapter
2shall be exercised or carried out by the board, unless the board delegates the power
3or duty to an employee of the corporation.
SB27-SSA1,1203,9
5238.08 Records of the corporation. All records of the corporation are open
6to the public as provided in s. 19.35 (1) except those records relating to pending
7grants, loans, or economic development projects that, in the opinion of the
8corporation, must remain confidential to protect the competitive nature of the grant,
9loan, or project.
SB27-SSA1,1203,1211
238.127
(2) (j) The corporation shall expend at least $250,000 annually on the
12state main street program.
SB27-SSA1,1203,18
14238.135 Grants to regional economic development organizations. The
15corporation shall award annual grants to regional economic development
16organizations to fund marketing activities. The amount of each grant may not exceed
17$100,000 or the amount of matching funds the organization obtains from sources
18other than the corporation or the state, whichever is less.
SB27-SSA1,1203,23
20238.145 Wisconsin-source assets exclusion; business certification. (1) 21The corporation shall implement a program to certify businesses for purposes of s.
2271.05 (25). A business shall submit an application to the corporation in each calendar
23year for which the business desires certification.
SB27-SSA1,1204,3
1(2) The corporation may certify a business if, in the business's taxable year
2ending immediately before the date of the business's application, all of the following
3are true:
SB27-SSA1,1204,64
(a) The amount of payroll compensation paid by the business in this state, as
5determined by the corporation, is equal to at least 50 percent of the amount of all
6payroll compensation paid by the business, as determined by the corporation.
SB27-SSA1,1204,107
(b) The value of real and tangible personal property owned or rented and used
8by the business in this state, as determined by the corporation, is equal to at least
950 percent of the value of all real and tangible personal property owned or rented and
10used by the business, as determined by the corporation.
SB27-SSA1,1204,13
11(3) The corporation shall notify the department of revenue of every certification
12issued under this section and of the date on which a certification is revoked or
13expires.
SB27-SSA1,1204,15
14(4) The corporation, in consultation with the department of revenue, may adopt
15rules for the administration of this section.
SB27-SSA1,1204,18
16(5) The corporation shall compile a list of businesses certified under this section
17and the taxable years for which the businesses are certified and shall make the list
18available to the public at the corporation's Internet Web site.
SB27-SSA1,1204,23
20238.146 Long-term Wisconsin capital assets deferral; business
21certification. (1) The corporation shall implement a program to certify businesses
22for purposes of s. 71.05 (26). A business shall submit an application to the
23corporation in each calendar year for which the business desires certification.
SB27-SSA1,1205,3
1(2) The corporation may certify a business if, in the business's taxable year
2ending immediately before the date of the business's application, all of the following
3are true:
SB27-SSA1,1205,64
(a) The amount of payroll compensation paid by the business in this state, as
5determined by the corporation, is equal to at least 50 percent of the amount of all
6payroll compensation paid by the business, as determined by the corporation.
SB27-SSA1,1205,107
(b) The value of real and tangible personal property owned or rented and used
8by the business in this state, as determined by the corporation, is equal to at least
950 percent of the value of all real and tangible personal property owned or rented and
10used by the business, as determined by the corporation.
SB27-SSA1,1205,13
11(3) The corporation shall notify the department of revenue of every certification
12issued under this section and of the date on which a certification is revoked or
13expires.
SB27-SSA1,1205,15
14(4) The corporation, in consultation with the department of revenue, may adopt
15rules for the administration of this section.
SB27-SSA1,1205,18
16(5) The corporation shall compile a list of businesses certified under this section
17and the taxable years for which the businesses are certified and shall make the list
18available to the public at the corporation's Internet Web site.
SB27-SSA1,1205,2020
238.16
(3) (am) The person increases net employment in the person's business.
SB27-SSA1, s. 1793
21Section
1793. Subchapter II (title) of chapter 238 [precedes 238.30] of the
22statutes is created to read:
SB27-SSA1,1206,3
1subchapter II
2
tax incentives for business
3
development
SB27-SSA1,1206,75
247.06
(1) (a) The foundation may distribute moneys appropriated under s.
620.220 (1) (r) to the arts board for programs that provide operating support to arts
7organizations and for the Wisconsin regranting program under s.
44.62 41.62.
SB27-SSA1,1206,139
247.06
(2) (b) The foundation may not distribute moneys to the arts board
10under sub. (1) (a) in any fiscal year in which the foundation determines that the
11amount of general purpose revenue appropriated to the
arts board department of
12tourism under s.
20.215 20.380 (3) is less than the amount appropriated in the
13previous fiscal year.
SB27-SSA1,1206,2115
251.02
(3) A county board may, in conjunction with the county board of
another
16county one or more other counties, establish a multiple county health department,
17which shall meet the requirements of this chapter. A multiple county health
18department shall serve all areas of the respective counties that are not served by a
19city health department that was established prior to January 1, 1994, by a town or
20village health department established under sub. (3m), or by a multiple municipal
21local health department established under sub. (3r).
SB27-SSA1,1207,223
252.12
(2) (a) 9. `Grant for family resource center.' The department shall award
24a grant to develop and implement an African-American family resource center in the
25city of Milwaukee that targets activities toward the prevention and treatment of HIV
1infection and related infections, including hepatitis C virus infection, of minority
2group members, as defined in s.
560.036 16.287 (1) (f).
