SB45: Bill Text

SB45,1285,19 560.605 (1) (g) Funds from the grant or loan under s. 560.615, 560.62, 560.63, 560.65 or 560.66 will not be used to pay overhead costs, except as provided in s. 560.65 (1m) (b), or to replace funds from any other source.

SB45, s. 2990 Section 2990. 560.605 (1) (i) of the statutes is created to read:

SB45,1285,21 560.605 (1) (i) The eligible recipient has not received a grant under s. 560.25.

SB45, s. 2991 Section 2991. 560.605 (2) (intro.) of the statutes is amended to read:

SB45,1285,25 560.605 (2) (intro.) The board shall consider all of the following before awarding a grant or loan to an eligible recipient for a project under s. 560.615, 560.62, 560.63 or 560.66:

SB45, s. 2992 Section 2992. 560.605 (2m) (intro.) of the statutes is amended to read:

SB45,1286,4 560.605 (2m) (intro.) When considering whether a project under s. 560.615, 560.62, 560.63 or 560.66 will be located in a targeted area, the board shall consider all of the following:

SB45, s. 2993 Section 2993. 560.607 (3) of the statutes is created to read:

SB45,1286,8 560.607 (3) Evaluation costs, collection costs, foreclosure costs and other costs associated with administering the loan portfolio under this subchapter, excluding staff salaries.

SB45, s. 2994 Section 2994. 560.61 (1) of the statutes is amended to read:

SB45,1286,13 560.61 (1) Make a grant or loan to an eligible recipient for a project that meets the criteria for funding under s. 560.605 (1) and (2) and under s. 560.615, 560.62, 560.63, 560.65 or 560.66, whichever is appropriate, from the appropriations under s. 20.143 (1) (c), (cb), and (ie) , (s) and (sm).

SB45, s. 2995 Section 2995. 560.615 of the statutes is repealed.

SB45, s. 2996 Section 2996. 560.62 (4) of the statutes is renumbered 560.607, and 560.607 (intro.) and (1), as renumbered, are amended to read:

SB45,1286,19 560.607 Miscellaneous and administrative expenditures. (intro.) In each biennium, the board department may expend or encumber up to a total of 1% of the moneys appropriated under s. 20.143 (1) (c) for that biennium for any of the following:

SB45,1286,20 (1) Evaluations of proposed technical research projects under s. 560.62.

SB45, s. 2997 Section 2997. 560.66 (1) (intro.) of the statutes is amended to read:

SB45,1286,25 560.66 (1) (intro.) The board may award grants and loans under s. 560.61 to eligible recipients for any project that is not eligible for a grant or loan under s. 560.615, 560.62 or 560.63, if the board determines that the project is a major economic development project and considers all of the following:

SB45, s. 2998 Section 2998. 560.68 (3) of the statutes is amended to read:

SB45,1287,6 560.68 (3) The department may charge a grant or loan recipient of a grant or loan awarded under this subchapter an origination fee of up to 1.5% of the grant or loan amount if the grant or loan exceeds $200,000 and is awarded under s. 560.63 or 560.66 equals $100,000 or more. The department shall deposit all origination fees collected under this subsection in the appropriation account under s. 20.143 (1) (gm).

SB45, s. 2999 Section 2999. 560.745 (2) (a) of the statutes is amended to read:

SB45,1287,11 560.745 (2) (a) When the department designates a development zone under s. 560.71, it shall establish a limit for tax benefits for the development zone determined by allocating to the development zone a portion of $33,155,000 the total amount of tax benefits specified in s. 560.787.

SB45, s. 3000 Section 3000. 560.75 (11) of the statutes is repealed.

SB45, s. 3001 Section 3001. 560.785 (1) (b) (intro.) and 1. of the statutes are consolidated, renumbered 560.785 (1) (b) and amended to read:

SB45,1287,18 560.785 (1) (b) Allow a person to claim up to $6,500 $8,000 in tax benefits during the time that an area is designated as a development zone or as an enterprise development zone for any of the following: Creating creating a full-time job that is filled by a member of the target population.

SB45, s. 3002 Section 3002. 560.785 (1) (b) 2. of the statutes is repealed.

SB45, s. 3003 Section 3003. 560.785 (1) (bm) of the statutes is created to read:

SB45,1287,24 560.785 (1) (bm) Allow a person to claim up to $8,000 in tax benefits during the time that an area is designated as an enterprise development zone for retaining a full-time job if the department determines that the person made a significant capital investment to retain the full-time job.

SB45, s. 3004 Section 3004. 560.785 (1) (c) (intro.) of the statutes is amended to read:

SB45,1288,3 560.785 (1) (c) (intro.) Allow a person to claim up to $4,000 $6,000 in tax benefits during the time that an area is designated as a development zone or as an enterprise development zone for any of the following:

SB45, s. 3005 Section 3005. 560.785 (1) (e) of the statutes is amended to read:

SB45,1288,7 560.785 (1) (e) Require at least one-third of the tax benefits claimed by a person that are based on creating or retaining full-time jobs to be based on creating or retaining full-time jobs that are filled by members of the target population.

SB45, s. 3006 Section 3006. 560.785 (2) (c) of the statutes is created to read:

SB45,1288,12 560.785 (2) (c) The requirement under ss. 560.70 (2m) and 560.797 (1) (am) that an individual's position must be regular, nonseasonal and full-time and that the individual must be required to work at least 2,080 hours per year, including paid leave and holidays.

SB45, s. 3007 Section 3007. 560.787 of the statutes is created to read:

SB45,1288,17 560.787 Limit on tax benefits. The combined total of the tax benefits that may be claimed under the development zone program under ss. 560.70 to 560.78 and the enterprise development zone program under s. 560.797 may not exceed $300,000,000.

SB45, s. 3008 Section 3008. 560.795 (3) (e) of the statutes is repealed.

SB45, s. 3009 Section 3009. 560.797 (1) (aj) of the statutes is created to read:

SB45,1288,21 560.797 (1) (aj) "Environmental remediation" has the meaning given in s. 71.07 (2dx) (a) 3.

SB45, s. 3010 Section 3010. 560.797 (2) (bg) of the statutes is created to read:

SB45,1288,25 560.797 (2) (bg) Notwithstanding par. (a) and subject to pars. (c) and (d), the department may designate an area as an enterprise development zone for a project if the department determines all of the following:

SB45,1289,1 1. That the project serves a public purpose.

SB45,1289,3 2. That the project is not likely to occur or continue without the department's designation of the area as an enterprise development zone.

SB45,1289,5 3. That the project will likely provide for significant environmental remediation.

SB45, s. 3011 Section 3011. 560.797 (2) (br) of the statutes is created to read:

SB45,1289,8 560.797 (2) (br) In making a determination under par. (bg), the department shall consider all of the following:

SB45,1289,9 1. The factors specified in par. (b) 1. to 8.

SB45,1289,10 2. The environmental remediation that is likely to result from the project.

SB45, s. 3012 Section 3012. 560.797 (2) (d) of the statutes is amended to read:

SB45,1289,15 560.797 (2) (d) The department may not designate more than 50 up to 100 enterprise development zones unless the department obtains the approval of the joint committee on finance to do so. Of the enterprise development zones that the department designates, at least 10 shall be designated under par. (bg).

SB45, s. 3013 Section 3013. 560.797 (4) (e) of the statutes is repealed.

SB45, s. 3014 Section 3014. 560.797 (5) (b) of the statutes is amended to read:

SB45,1289,21 560.797 (5) (b) When the department designates an area as an enterprise development zone under this section, the department shall establish a limit, not to exceed $3,000,000 and subject to the limit under s. 560.787, for tax benefits for the enterprise development zone.

SB45, s. 3015 Section 3015. 560.80 (5) of the statutes is amended to read:

SB45,1289,25 560.80 (5) "Eligible recipient" means a person who is eligible to receive a grant under s. 560.82 (5) or 560.837 or a grant or loan under s. 560.83 (5) (a) or (b) or 560.835.

SB45, s. 3016 Section 3016. 560.81 (2) of the statutes is amended to read:

SB45,1290,4 560.81 (2) The board awards a grant or loan to the eligible recipient or local development corporation under ss. 560.83 (1) and 560.84 or to the eligible recipient under ss. 560.835 and 560.84.

SB45, s. 3017 Section 3017. 560.83 (1) of the statutes is amended to read:

SB45,1290,8 560.83 (1) Subject to s. 560.84, the board may award a grant or loan under this section subsection to an eligible recipient or a local development corporation to fund eligible development project costs.

SB45, s. 3018 Section 3018. 560.83 (2) (intro.) of the statutes is amended to read:

SB45,1290,11 560.83 (2) (intro.) The board may award a grant or loan under this section subsection to a local development corporation if all of the following apply:

SB45, s. 3019 Section 3019. 560.83 (4) (a) of the statutes is amended to read:

SB45,1290,16 560.83 (4) (a) In any fiscal biennium, the board may not award, to any one eligible recipient or local development corporation or for any one development project, grants or loans under sub. (1) that total more than $100,000 in a fiscal biennium.

SB45, s. 3020 Section 3020. 560.83 (5) (intro.) of the statutes is amended to read:

SB45,1290,19 560.83 (5) (intro.) The In addition to local development corporations, the board may award grants or loans under sub. (1) only to persons who are any of the following:

SB45, s. 3021 Section 3021. 560.835 (7) (b) of the statutes is amended to read:

SB45,1290,24 560.835 (7) (b) The department shall deposit in the recycling fund appropriation account under s. 20.143 (1) (L) all moneys received after July 1, 1995 the effective date of this paragraph .... [revisor inserts date], in repayment of loans made under this section.

SB45, s. 3022 Section 3022. 560.87 (6) of the statutes is amended to read:

SB45,1291,6 560.87 (6) From the appropriation under s. 20.143 (1) (dh) (kh), make an annual grant to the Great Lakes inter-tribal council in an amount equal to the amount appropriated under s. 20.143 (1) (dh) (kh), to partially fund in the Great Lakes inter-tribal council a liaison between American Indians, Indian businesses and Indian tribes interested in targeted programs and the state agencies that administer targeted programs.

SB45, s. 3023 Section 3023. 560.875 (1) of the statutes is amended to read:

SB45,1291,11 560.875 (1) Annually, the department shall grant to the Great Lakes inter-tribal council the amount appropriated under s. 20.143 (1) (df) (kf) to partially fund a program to provide technical assistance for economic development on Indian reservations if the conditions under subs. (2) and (3) are satisfied.

SB45, s. 3024 Section 3024. 565.02 (4) (g) of the statutes is created to read:

SB45,1291,17 565.02 (4) (g) Establishing a program to provide for additional compensation, above the compensation provided under s. 565.10 (14) (b) 1. or 2., to be paid to retailers who meet certain performance goals identified by the department. Under this program, the total compensation provided to retailers may not exceed 1.0% of the gross revenues from the sale of lottery tickets and lottery shares.

SB45, s. 3025 Section 3025. 565.10 (14) (b) 3m. of the statutes is created to read:

SB45,1291,22 565.10 (14) (b) 3m. The department may, in rules promulgated under s. 565.02 (4) (g), provide for additional compensation, above the compensation provided under subd. 1. or 2., to be paid to retailers who meet certain performance goals identified by the department.

SB45, s. 3026 Section 3026. 569.01 (1m) (d) of the statutes is created to read:

SB45,1292,3 569.01 (1m) (d) Moneys received by the state from Indian tribes pursuant to an Indian gaming compact, except moneys received as direct reimbursements to the department of justice.

SB45, s. 3027 Section 3027. 569.06 of the statutes is amended to read:

SB45,1292,7 569.06 Indian gaming receipts. Indian gaming receipts shall be credited to the appropriation accounts under ss. 20.455 (2) (gc) and 20.505 (8) (h) and (hm) as specified under ss. 20.455 (2) (gc) and 20.505 (8) (h) and (hm).

SB45, s. 3028 Section 3028. 600.01 (1) (b) 10. of the statutes is created to read:

SB45,1292,13 600.01 (1) (b) 10. a. Except as provided in subd. 10. b., long-term care services funded by the family care benefit, as defined in s. 46.2805 (4), that are provided by a care management organization that contracts with the department of health and family services under s. 46.284 and enrolls only individuals who are eligible under s. 46.286.

SB45,1292,16 b. The exemption under subd. 10. a. does not apply if the services offered by the care management organization include hospital, physician or other acute health care services.

SB45, s. 3029 Section 3029. 601.31 (1) (k) 6. of the statutes is created to read:

SB45,1292,18 601.31 (1) (k) 6. Domestic mutual insurance holding companies, $100.

SB45, s. 3030 Section 3030. 601.31 (1) (L) 1. of the statutes is repealed.

SB45, s. 3031 Section 3031. 601.31 (1) (m) (intro.) of the statutes is renumbered 601.31 (1) (m) and amended to read:

SB45,1292,25 601.31 (1) (m) For regulating resident intermediaries and nonresident intermediaries, annually after the year in which the initial license is issued, amounts to be set by the commissioner by rule and paid at times and under procedures set by the commissioner, but not to exceed:.

SB45, s. 3032 Section 3032. 601.31 (1) (m) 1. of the statutes is repealed.

SB45, s. 3033 Section 3033. 601.31 (1) (m) 2. of the statutes is repealed.

SB45, s. 3034 Section 3034. 601.31 (1) (m) 3. of the statutes is renumbered 601.31 (1) (mc) and amended to read: