AB1-ASA1,17,115 1. Notwithstanding the dates specified in sub. (4) (gm) 2., if the resolution
6described under sub. (4) (gm) is adopted during the period between January 1 and
7December 1, the creation date shall be either the January 1 of the year in which the
8resolution is adopted or the next subsequent January 1, as specified by the local
9legislative body in the resolution. If a resolution is adopted during the period
10between December 2 and December 31, the creation date shall be the next
11subsequent January 1.
AB1-ASA1,17,1412 2. Notwithstanding the October 31 deadline for the city clerk's submission of
13the forms described in sub. (5) (b), the city clerk shall complete and submit the
14required forms for a tax incremental district described in this subsection either:
AB1-ASA1,17,1815 a. On or before December 31 of the year the resolution under subd. 1. is adopted
16if the resolution is adopted between January 1 and December 1, and the resolution
17specifies that the district's creation date is January 1 of the year in which the
18resolution is adopted.
AB1-ASA1,17,2319 b. On or after the next subsequent April 1 and before the next subsequent
20December 1 of the year the resolution under subd. 1. is adopted if the resolution is
21adopted between January 1 and December 1 and the resolution specifies that the
22district's creation date is the next subsequent January 1 or the resolution is adopted
23between December 2 and December 31.
AB1-ASA1,17,2524 (b) Exception to the 12 percent limit. Notwithstanding the 12 percent limit
25findings requirement described under sub. (4) (gm) 4. c.:
AB1-ASA1,18,2
11. That findings requirement does not apply to a local legislative body's
2resolution which relates to a district described under this subsection.
AB1-ASA1,18,83 2. After a local legislative body's creation of a district described under this
4subsection, if that body makes the calculation under sub. (4) (gm) 4. c. for a tax
5incremental district created under this section but not under this subsection, that
6findings requirement may not include the value increment of the district created
7under this subsection, provided that the district created under this subsection has
8not terminated.
AB1-ASA1,18,119 (c) Expenditures. With regard to a tax incremental district described under this
10subsection, and subject to par. (ce), the creating city may incur project costs for any
11of the following, provided that the expenditures benefit the district:
AB1-ASA1,18,1212 1. Territory that is located in the same county as the district.
AB1-ASA1,18,2313 2. Notwithstanding the provisions of sub. (2) (f) 2. a. and c., the cost of
14constructing or expanding fire stations, purchasing police and fire equipment, and
15the cost of general government operating expenses, provided that the total of such
16expenditures do not exceed, over the district's lifetime, 15 percent of the total positive
17tax increments received by the creating city over the district's lifetime. With regard
18to capital expenditures that may be made under this subdivision, such expenditures
19may be made only for the first 84 months following the district's creation, and any
20expenditures made under this subdivision for constructing or expanding fire stations
21may be made only for fire stations located within a one-mile radius of the electronics
22and information technology manufacturing zone that is designated under s. 238.396
23(1m).
AB1-ASA1,19,224 (ce) Certification. Before the creating city may incur project costs for any
25territory that is located outside the district but in the same county as the district, the

1city must obtain certification from the department of administration that the
2department believes such a proposed expenditure benefits the district.
AB1-ASA1,19,53 (cm) Expenditure period. Notwithstanding the limitation on expenditures
4described in sub. (6) (am) 1., expenditures for a district described under this
5subsection may be made up to the unextended termination date described in par. (e).
AB1-ASA1,19,96 (d) Allocation of positive increments. Notwithstanding the 20-year limit for
7allocating positive tax increments described in sub. (6) (a) 7., for a tax incremental
8district described under this subsection, that limit shall be 30 years for purposes of
9sub. (6) (a) 7.
AB1-ASA1,19,1210 (e) Termination. Notwithstanding the 20-year termination requirement
11specified in sub. (7) (am) 2., for a tax incremental district described under this
12subsection, that limit shall be 30 years for purposes of sub. (7) (am) 2.
AB1-ASA1,21m 13Section 21m. 67.05 (10) of the statutes is amended to read:
AB1-ASA1,20,1014 67.05 (10) Direct, annual, irrepealable tax. The Except as provided in sub.
15(10m), the
governing body of every municipality proceeding under this chapter shall,
16at the time of or after the adoption of an initial resolution in compliance with sub.
17(1) or (2), or, after the approval of the resolution by popular vote when such approval
18is required, and before issuing any of the contemplated bonds, levy by recorded
19resolution a direct, annual tax sufficient in amount to pay and for the express
20purpose of paying the interest on such bonds as it falls due, and also to pay and
21discharge the principal thereof at maturity. The municipality shall be and continue
22without power to repeal such levy or obstruct the collection of the tax until all such
23payments have been made or provided for. After the issue of the bonds, the tax shall
24be from year to year carried into the tax roll of the municipality and collected as other
25taxes are collected, provided that the amount of tax carried into the tax roll may be

1reduced in any year by the amount of any surplus money in the debt service fund
2created under s. 67.11, and provided further that the municipality issuing the bonds
3may make an appropriation in advance of the authorization of the bonds to provide
4funds for any payment coming due on the bonds prior to the first collection of taxes
5levied for that payment. The amount of the appropriation shall be based on
6estimates of the amount of bonds to be sold and the rate of interest the bonds will
7bear. The appropriation shall not be used for any purpose other than that for which
8appropriated and any surplus in the appropriation shall be transferred to the
9general fund of the municipality. The municipality is not required to levy a tax equal
10to the amount of that appropriation.
AB1-ASA1,21n 11Section 21n. 67.05 (10m) of the statutes is created to read:
AB1-ASA1,20,1812 67.05 (10m) Counties may issue sales tax revenue bonds. A county in which
13an electronics and information technology manufacturing zone that is designated
14under s. 238.396 (1m) exists may issue bonds under this chapter whose principal and
15interest are paid only through sales and use tax revenues imposed by the county
16under s. 77.70. The county shall be and continue without power to repeal such tax
17or obstruct the collection of the tax until all such payments have been made or
18provided for.
AB1-ASA1,22 19Section 22 . 71.05 (6) (a) 15. of the statutes is amended to read:
AB1-ASA1,20,2520 71.05 (6) (a) 15. Except as provided under s. 71.07 (3p) (c) 5., the amount of the
21credits computed under s. 71.07 (2dm), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r),
22(3rm), (3rn), (3s), (3t), (3w), (3wm), (3y), (4k), (4n), (5e), (5f), (5h), (5i), (5j), (5k), (5r),
23(5rm), (6n), and (8r) and not passed through by a partnership, limited liability
24company, or tax-option corporation that has added that amount to the partnership's,
25company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g).
AB1-ASA1,23
1Section 23. 71.07 (3w) (bm) 5. of the statutes is created to read:
AB1-ASA1,21,162 71.07 (3w) (bm) 5. In addition to the credits under par. (b) and subds. 1. to 4.,
3and subject to the limitations provided in this subsection and s. 238.399 or s. 560.799,
42009 stats., a claimant that has retained the minimum number of full-time
5employees determined under s. 238.399 (5) (f) and maintained average zone payroll
6for the taxable year equal to or greater than the base year may claim as a credit
7against the tax imposed under s. 71.02 or 71.08 an amount equal to the percentage,
8as determined by the Wisconsin Economic Development Corporation, of the
9claimant's zone payroll paid in the 12 months prior to the certification date to the
10claimant's full-time employees in the enterprise zone whose annual wages are
11greater than the amount determined by multiplying 2,080 by 150 percent of the
12federal minimum wage in a tier I county or municipality or greater than $30,000 in
13a tier II county or municipality. The amount that the claimant may claim as credit
14under this subdivision for a taxable year shall not exceed $2,000,000. A claimant
15may claim a credit under this subdivision for no more than 5 consecutive taxable
16years.
AB1-ASA1,24 17Section 24 . 71.07 (3wm) of the statutes is created to read:
AB1-ASA1,21,1918 71.07 (3wm) Electronics and information technology manufacturing zone
19credit.
(a) Definitions. In this subsection:
AB1-ASA1,21,2120 1. “Claimant" means a person who is certified to claim tax benefits under s.
21238.396 (3) and who files a claim under this subsection.
AB1-ASA1,21,2522 2. “Full-time employee” means an individual who is employed in a job for which
23the annual pay is at least $30,000 and who is offered retirement, health, and other
24benefits that are equivalent to the retirement, health, and other benefits offered to
25an individual who is required to work at least 2,080 hours per year.
AB1-ASA1,22,2
13. “State payroll" means the amount of payroll apportioned to this state, as
2determined under s. 71.25 (8).
AB1-ASA1,22,43 6. “Wages" means wages under section 3306 (b) of the Internal Revenue Code,
4determined without regard to any dollar limitations.
AB1-ASA1,22,55 7. “Zone” means a zone designated under s. 238.396 (1m).
AB1-ASA1,22,116 8. “Zone payroll" means the amount of state payroll that is attributable to
7wages paid by the claimant to full-time employees for services that are performed
8in the zone or that are performed outside the zone, but within the state, and for the
9benefit of the operations within the zone, as determined by the Wisconsin Economic
10Development Corporation. “Zone payroll" does not include the amount of wages paid
11to any full-time employees that exceeds $100,000.
AB1-ASA1,22,1412 (b) Filing claims; payroll. Subject to the limitations provided in this subsection
13and s. 238.396, a claimant may claim as a credit against the tax imposed under s.
1471.02 or 71.08 an amount calculated as follows:
AB1-ASA1,22,1615 1. Determine the zone payroll for the taxable year for full-time employees
16employed by the claimant.
AB1-ASA1,22,1717 2. Multiply the amount determined under subd. 1. by 17 percent.
AB1-ASA1,22,2218 (bm) Filing supplemental claims. In addition to claiming the credit under par.
19(b), and subject to the limitations under this subsection and s. 238.396, a claimant
20may claim as a credit against the tax imposed under s. 71.02 or 71.08 up to 15 percent
21of the claimant's significant capital expenditures in the zone in the taxable year, as
22determined under s. 238.396 (3m).
AB1-ASA1,23,523 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
24corporations may not claim the credit under this subsection, but the eligibility for,
25and the amount of, the credit are based on their payment of amounts described under

1pars. (b) and (bm). A partnership, limited liability company, or tax-option
2corporation shall compute the amount of credit that each of its partners, members,
3or shareholders may claim and shall provide that information to each of them.
4Partners, members of limited liability companies, and shareholders of tax-option
5corporations may claim the credit in proportion to their ownership interests.
AB1-ASA1,23,86 2. No credit may be allowed under this subsection unless the claimant includes
7with the claimant's return a copy of the claimant's certification for tax benefits under
8s. 238.396 (3).
AB1-ASA1,23,109 (d) Administration. 1. Section 71.28 (4) (g) and (h), as it applies to the credit
10under s. 71.28 (4), applies to the credit under this subsection.
AB1-ASA1,23,1611 2. If the allowable amount of the claim under this subsection exceeds the taxes
12otherwise due on the claimant's income under s. 71.02, the amount of the claim that
13is not used to offset those taxes shall be certified by the department of revenue to the
14department of administration for payment by check, share draft, or other draft
15drawn from the appropriation under s. 20.835 (2) (cp). Notwithstanding s. 71.82, no
16interest shall be paid on amounts certified under this subdivision.
AB1-ASA1,25 17Section 25 . 71.08 (1) (intro.) of the statutes is amended to read:
AB1-ASA1,24,218 71.08 (1) Imposition. (intro.) If the tax imposed on a natural person, married
19couple filing jointly, trust, or estate under s. 71.02, not considering the credits under
20ss. 71.07 (1), (2dx), (2dy), (3m), (3n), (3p), (3q), (3r), (3rm), (3rn), (3s), (3t), (3w),
21(3wm), (3y), (4k), (5b), (5d), (5e), (5f), (5h), (5i), (5j), (5n), (6), (6e), (8r), (9e), (9m), and
22(9r), 71.28 (1dx), (1dy), (2m), (3), (3n), (3t), (3w), (3wm), and (3y), 71.47 (1dx), (1dy),
23(2m), (3), (3n), (3t), (3w), and (3y), 71.57 to 71.61, and 71.613 and subch. VIII and
24payments to other states under s. 71.07 (7), is less than the tax under this section,

1there is imposed on that natural person, married couple filing jointly, trust or estate,
2instead of the tax under s. 71.02, an alternative minimum tax computed as follows:
AB1-ASA1,26 3Section 26 . 71.10 (4) (i) of the statutes is amended to read:
AB1-ASA1,24,184 71.10 (4) (i) The total of claim of right credit under s. 71.07 (1), farmland
5preservation credit under ss. 71.57 to 71.61, farmland preservation credit, 2010 and
6beyond under s. 71.613, homestead credit under subch. VIII, farmland tax relief
7credit under s. 71.07 (3m), dairy manufacturing facility investment credit under s.
871.07 (3p), jobs tax credit under s. 71.07 (3q), meat processing facility investment
9credit under s. 71.07 (3r), woody biomass harvesting and processing credit under s.
1071.07 (3rm), food processing plant and food warehouse investment credit under s.
1171.07 (3rn), business development credit under s. 71.07 (3y), film production services
12credit under s. 71.07 (5f), film production company investment credit under s. 71.07
13(5h), veterans and surviving spouses property tax credit under s. 71.07 (6e),
14enterprise zone jobs credit under s. 71.07 (3w), electronics and information
15technology manufacturing zone credit under s. 71.07 (3wm),
beginning farmer and
16farm asset owner tax credit under s. 71.07 (8r), earned income tax credit under s.
1771.07 (9e), estimated tax payments under s. 71.09, and taxes withheld under subch.
18X.
AB1-ASA1,27 19Section 27 . 71.21 (4) (a) of the statutes is amended to read:
AB1-ASA1,24,2320 71.21 (4) (a) The amount of the credits computed by a partnership under s.
2171.07 (2dm), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3s), (3t), (3w),
22(3wm), (3y), (4k), (4n), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), and (8r) and
23passed through to partners shall be added to the partnership's income.
AB1-ASA1,28 24Section 28 . 71.26 (2) (a) 4. of the statutes is amended to read:
AB1-ASA1,25,6
171.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dm),
2(1dx), (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3t), (3w), (3wm), (5e), (5f),
3(5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8r), and (9s) and not passed through by a
4partnership, limited liability company, or tax-option corporation that has added that
5amount to the partnership's, limited liability company's, or tax-option corporation's
6income under s. 71.21 (4) or 71.34 (1k) (g).
AB1-ASA1,29 7Section 29 . 71.28 (3w) (bm) 5. of the statutes is created to read:
AB1-ASA1,25,218 71.28 (3w) (bm) 5. In addition to the credits under par. (b) and subds. 1. to 4.,
9and subject to the limitations provided in this subsection and s. 238.399 or s. 560.799,
102009 stats., a claimant that has retained the minimum number of full-time
11employees determined under s. 238.399 (5) (f) and maintained average zone payroll
12for the taxable year equal to or greater than the base year may claim as a credit
13against the tax imposed under s. 71.23 an amount equal to the percentage, as
14determined by the Wisconsin Economic Development Corporation, of the claimant's
15zone payroll paid in the 12 months prior to the certification date to the claimant's
16full-time employees in the enterprise zone whose annual wages are greater than the
17amount determined by multiplying 2,080 by 150 percent of the federal minimum
18wage in a tier I county or municipality or greater than $30,000 in a tier II county or
19municipality. The amount that the claimant may claim as credit under this
20subdivision for a taxable year shall not exceed $2,000,000. A claimant may claim a
21credit under this subdivision for no more than 5 consecutive taxable years.
AB1-ASA1,30 22Section 30 . 71.28 (3wm) of the statutes is created to read:
AB1-ASA1,25,2423 71.28 (3wm) Electronics and information technology manufacturing zone
24credit.
(a) Definitions. In this subsection:
AB1-ASA1,26,2
11. “Claimant" means a person who is certified to claim tax benefits under s.
2238.396 (3) and who files a claim under this subsection.
AB1-ASA1,26,63 2. “Full-time employee” means an individual who is employed in a job for which
4the annual pay is at least $30,000 and who is offered retirement, health, and other
5benefits that are equivalent to the retirement, health, and other benefits offered to
6an individual who is required to work at least 2,080 hours per year.
AB1-ASA1,26,87 3. “State payroll" means the amount of payroll apportioned to this state, as
8determined under s. 71.25 (8).
AB1-ASA1,26,109 6. “Wages" means wages under section 3306 (b) of the Internal Revenue Code,
10determined without regard to any dollar limitations.
AB1-ASA1,26,1111 7. “Zone” means a zone designated under s. 238.396 (1m).
AB1-ASA1,26,1712 8. “Zone payroll" means the amount of state payroll that is attributable to
13wages paid by the claimant to full-time employees for services that are performed
14in the zone or that are performed outside the zone, but within the state, and for the
15benefit of the operations within the zone, as determined by the Wisconsin Economic
16Development Corporation. “Zone payroll" does not include the amount of wages paid
17to any full-time employees that exceeds $100,000.
AB1-ASA1,26,2018 (b) Filing claims; payroll. Subject to the limitations provided in this subsection
19and s. 238.396, a claimant may claim as a credit against the tax imposed under s.
2071.23 an amount calculated as follows:
AB1-ASA1,26,2221 1. Determine the zone payroll for the taxable year for full-time employees
22employed by the claimant.
AB1-ASA1,26,2323 2. Multiply the amount determined under subd. 1. by 17 percent.
AB1-ASA1,27,324 (bm) Filing supplemental claims. In addition to claiming the credit under par.
25(b), and subject to the limitations under this subsection and s. 238.396, a claimant

1may claim as a credit against the tax imposed under s. 71.23 up to 15 percent of the
2claimant's significant capital expenditures in the zone in the taxable year, as
3determined under s. 238.396 (3m).
AB1-ASA1,27,114 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
5corporations may not claim the credit under this subsection, but the eligibility for,
6and the amount of, the credit are based on their payment of amounts described under
7pars. (b) and (bm). A partnership, limited liability company, or tax-option
8corporation shall compute the amount of credit that each of its partners, members,
9or shareholders may claim and shall provide that information to each of them.
10Partners, members of limited liability companies, and shareholders of tax-option
11corporations may claim the credit in proportion to their ownership interests.
AB1-ASA1,27,1412 2. No credit may be allowed under this subsection unless the claimant includes
13with the claimant's return a copy of the claimant's certification for tax benefits under
14s. 238.396 (3).
AB1-ASA1,27,1615 (d) Administration. 1. Subsection (4) (g) and (h), as it applies to the credit
16under sub. (4), applies to the credit under this subsection.
AB1-ASA1,27,2217 2. If the allowable amount of the claim under this subsection exceeds the taxes
18otherwise due on the claimant's income under s. 71.23, the amount of the claim that
19is not used to offset those taxes shall be certified by the department of revenue to the
20department of administration for payment by check, share draft, or other draft
21drawn from the appropriation under s. 20.835 (2) (cp). Notwithstanding s. 71.82, no
22interest shall be paid on amounts certified under this subdivision.
AB1-ASA1,31 23Section 31 . 71.30 (3) (f) of the statutes is amended to read:
AB1-ASA1,28,924 71.30 (3) (f) The total of farmland preservation credit under subch. IX,
25farmland tax relief credit under s. 71.28 (2m), dairy manufacturing facility

1investment credit under s. 71.28 (3p), jobs credit under s. 71.28 (3q), meat processing
2facility investment credit under s. 71.28 (3r), woody biomass harvesting and
3processing credit under s. 71.28 (3rm), food processing plant and food warehouse
4investment credit under s. 71.28 (3rn), enterprise zone jobs credit under s. 71.28
5(3w), electronics and information technology manufacturing zone credit under s.
671.28 (3wm),
business development credit under s. 71.28 (3y), film production
7services credit under s. 71.28 (5f), film production company investment credit under
8s. 71.28 (5h), beginning farmer and farm asset owner tax credit under s. 71.28 (8r),
9and estimated tax payments under s. 71.29.
AB1-ASA1,32 10Section 32 . 71.34 (1k) (g) of the statutes is amended to read:
AB1-ASA1,28,1411 71.34 (1k) (g) An addition shall be made for credits computed by a tax-option
12corporation under s. 71.28 (1dm), (1dx), (1dy), (3), (3g), (3h), (3n), (3p), (3q), (3r),
13(3rm), (3rn), (3t), (3w), (3wm), (3y), (4), (5), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r),
14(5rm), (6n), and (8r) and passed through to shareholders.
AB1-ASA1,33 15Section 33 . 73.0300 of the statutes is created to read:
AB1-ASA1,28,20 1673.0300 Disregarded entities. With regard to a single-owner entity that is
17disregarded as a separate entity under section 7701 of the Internal Revenue Code,
18any notice that the department of revenue sends to the owner or to the entity is
19considered a notice sent to both and both are liable for any amounts due as specified
20in the notice. This section applies to all laws administered by the department.
AB1-ASA1,34 21Section 34 . 77.54 (65) of the statutes is created to read:
AB1-ASA1,29,522 77.54 (65) The sales price from the sale of building materials, supplies, and
23equipment and the sale of services described in s. 77.52 (2) (a) 20. to; and the storage,
24use, or other consumption of the same property and services by; owners, lessees,
25contractors, subcontractors, or builders if that property or service is acquired solely

1for or used solely in, the construction or development of facilities located in an
2electronics and information technology manufacturing zone designated under s.
3238.396 (1m) and if the capital expenditures for the construction or development of
4such facilities may be claimed as a credit under s. 71.07 (3wm) (bm) or 71.28 (3wm)
5(bm), as certified by the Wisconsin Economic Development Corporation.
AB1-ASA1,34e 6Section 34e. 77.70 of the statutes, as affected by 2017 Wisconsin Act 17, is
7amended to read:
AB1-ASA1,29,23 877.70 Adoption by county ordinance. Any county desiring to impose county
9sales and use taxes under this subchapter may do so by the adoption of an ordinance,
10stating its purpose and referring to this subchapter. The rate of the tax imposed
11under this section is 0.5 percent of the sales price or purchase price. The Except as
12provided in s. 67.05 (10m), the
county sales and use taxes may be imposed only for
13the purpose of directly reducing the property tax levy and only in their entirety as
14provided in this subchapter. That ordinance shall be effective on the first day of
15January, the first day of April, the first day of July or the first day of October. A
16certified copy of that ordinance shall be delivered to the secretary of revenue at least
17120 days prior to its effective date. The repeal of any such ordinance shall be effective
18on December 31. A certified copy of a repeal ordinance shall be delivered to the
19secretary of revenue at least 120 days before the effective date of the repeal. Except
20as provided under s. 77.60 (9), the department of revenue may not issue any
21assessment nor act on any claim for a refund or any claim for an adjustment under
22s. 77.585 after the end of the calendar year that is 4 years after the year in which the
23county has enacted a repeal ordinance under this section.
AB1-ASA1,35 24Section 35 . 84.0145 (2) of the statutes is amended to read:
AB1-ASA1,30,3
184.0145 (2) Subject to sub. (3) and s. 86.255, any southeast Wisconsin freeway
2megaproject may be funded only from the appropriations under ss. 20.395 (3) (aq),
3(av), (ax), and (ct) and 20.866 (2) (uup) and, (uur), and (uuz).
AB1-ASA1,36 4Section 36 . 84.585 of the statutes is created to read:
AB1-ASA1,30,8 584.585 Additional contingent funding for southeast Wisconsin freeway
6megaprojects
. Subject to 2017 Wisconsin Act .... (this act), section 60 (1), the
7proceeds of general obligation bonds issued under s. 20.866 (2) (uuz) may be used to
8fund southeast Wisconsin freeway megaprojects under s. 84.0145 (3) (b) 1.
AB1-ASA1,36m 9Section 36m. 106.271 of the statutes is created to read:
AB1-ASA1,30,13 10106.271 Worker training and employment program. (1) Program. Of the
11amounts appropriated under s. 20.445 (1) (bg) in the 2019-21 fiscal biennium, the
12department shall allocate $20,000,000 to provide funding, through grants or other
13means, to facilitate worker training and employment in this state.
AB1-ASA1,30,16 14(2) Powers of department. The department shall have all other powers
15necessary and convenient to implement this section, including the power to audit and
16inspect the records of grant recipients.
AB1-ASA1,30,19 17(3) Consultation. The department shall consult with the technical college
18system board and the Wisconsin Economic Development Corporation in
19implementing this section.
AB1-ASA1,30,24 20(4) Approval of joint finance committee. Prior to expending any funds
21appropriated under s. 20.445 (1) (bg), the department shall submit to the joint
22committee on finance a plan for implementing the program under this section. The
23department may not expend any funds appropriated under s. 20.445 (1) (bg) except
24in accordance with the plan as approved by the committee.
AB1-ASA1,31,4
1(5) Annual report. Annually, by December 31, the department shall submit
2a report to the governor and the cochairpersons of the joint committee on finance
3providing an account of the department's activities and expenditures under this
4section during the preceding fiscal year.
AB1-ASA1,37 5Section 37 . 180.0622 (2) of the statutes is amended to read:
AB1-ASA1,31,106 180.0622 (2) Unless otherwise provided in the articles of incorporation, a
7shareholder of a corporation is not personally liable for the acts or debts of the
8corporation, except for a shareholder in a corporation defined under s. 71.365 (7), and
9only to the extent provided for under s. 73.0300, and
except that a shareholder may
10become personally liable by his or her acts or conduct other than as a shareholder.
AB1-ASA1,38 11Section 38 . 183.0304 (1) of the statutes is amended to read:
AB1-ASA1,31,1812 183.0304 (1) The debts, obligations and liabilities of a limited liability
13company, whether arising in contract, tort or otherwise, shall be solely the debts,
14obligations and liabilities of the limited liability company. Except as provided in ss.
1573.0300, 183.0502, and 183.0608, a member or manager of a limited liability
16company is not personally liable for any debt, obligation or liability of the limited
17liability company, except that a member or manager may become personally liable
18by his or her acts or conduct other than as a member or manager.
AB1-ASA1,39 19Section 39 . 196.192 (1) of the statutes is renumbered 196.192 (1) (intro.) and
20amended to read:
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