SB45: Bill Text

SB45,1271,19 560.13 (3) (a) (intro.) The department shall award grants under this section sub. (2) (a) on the basis of the following criteria:

SB45, s. 2942 Section 2942. 560.13 (3) (c) of the statutes is created to read:

SB45,1271,22 560.13 (3) (c) The department shall award grants under sub. (2) (am) on the basis of the following criteria:

SB45,1271,23 1. The potential of the project to promote economic development in the area.

SB45,1271,24 2. The number of jobs likely to be created or retained.

SB45,1271,25 3. Whether the project will have a positive effect on the environment.

SB45,1272,1 4. The amount and quality of the recipient's contribution to the project.

SB45,1272,3 5. The innovativeness of the recipient's proposal for remediation and redevelopment.

SB45, s. 2943 Section 2943. 560.13 (3) (d) of the statutes is created to read:

SB45,1272,8 560.13 (3) (d) If possible, when making a determination under par. (c), the department shall accord a 50% weight to the criteria under par. (c) 1. and 2., a 25% weight to the criterion under par. (c) 3., a 15% weight to the criterion under par. (c) 4. and a 10% weight to the criterion under par. (c) 5.

SB45, s. 2944 Section 2944. 560.13 (4) (a) (intro.) of the statutes is amended to read:

SB45,1272,13 560.13 (4) (a) (intro.) From the appropriations under s. 20.143 (1) (br) and (qm) in fiscal year 1997-98, and from the appropriation under s. 20.143 (1) (qm) in fiscal year 1998-99 Under this section, the department shall award all of the following in each of those fiscal years fiscal year:

SB45, s. 2945 Section 2945. 560.13 (4) (a) 1. of the statutes is amended to read:

SB45,1272,16 560.13 (4) (a) 1. A total of $750,000 $3,000,000 in grants that do not exceed $300,000.

SB45, s. 2946 Section 2946. 560.13 (4) (a) 2. of the statutes is amended to read:

SB45,1272,19 560.13 (4) (a) 2. A total of $1,750,000 $3,000,000 in grants that are greater than $300,000 but that do not exceed $700,000.

SB45, s. 2947 Section 2947. 560.13 (4) (a) 3. of the statutes is amended to read:

SB45,1272,22 560.13 (4) (a) 3. A total of $2,500,000 $4,000,000 in grants that are greater than $700,000 but that do not exceed $1,250,000.

SB45, s. 2948 Section 2948. 560.13 (4) (c) of the statutes is amended to read:

SB45,1273,3 560.13 (4) (c) The department shall award at least 7 14 grants under this section for projects that are located in municipalities with a population of less than 30,000 50,000.

SB45, s. 2949 Section 2949. 560.13 (6) of the statutes is renumbered 560.13 (6) (a) (intro.) and amended to read:

SB45,1273,7 560.13 (6) (a) (intro.) The department shall promulgate rules that establish do all of the following:

SB45,1273,10 1. Establish criteria, within the guidelines under subs. (2) and (3), for awarding grants under this section, including the circumstances under which grant proceeds may be used for assessment services.

SB45, s. 2950 Section 2950. 560.13 (6) (a) 2. of the statutes is created to read:

SB45,1273,13 560.13 (6) (a) 2. Establish the hours and benefits of employment for eligible individuals.

SB45, s. 2951 Section 2951. 560.13 (6) (b) of the statutes is created to read:

SB45,1273,16 560.13 (6) (b) An applicant for a grant under sub. (2) (am) shall include in its application a plan for creating jobs, including jobs to be filled by eligible individuals.

SB45, s. 2952 Section 2952. 560.137 of the statutes is created to read:

SB45,1273,19 560.137 Gaming economic development grants and loans. (1) In this section:

SB45,1273,20 (a) "Professional services" has the meaning given in s. 560.17 (1) (c).

SB45,1273,24 (b) "Qualified business" means an existing business that is located in this state in a county, or in a county that is adjacent to a county in this state, in which is located a casino that is operated by a federally recognized American Indian tribe or band in this state.

SB45,1274,2 (2) Subject to subs. (3), (4) and (5), from the appropriations under s. 20.143 (1) (ig) and (kj), the department may do all of the following:

SB45,1274,4 (a) Make a grant that does not exceed $15,000 to a qualified business for professional services.

SB45,1274,6 (b) Make a grant or loan that does not exceed $100,000 to a qualified business for fixed asset financing.

SB45,1274,8 (3) The department may not make a grant or loan to a qualified business under this section unless the department determines all of the following:

SB45,1274,10 (a) That the qualified business has been negatively impacted by the existence of the casino.

SB45,1274,12 (b) That the qualified business has a legitimate need for the grant or loan to improve the profitability of the business.

SB45,1274,17 (4) As a condition of approval of a grant or loan under this section, the department shall require that the qualified business provide matching funds for at least 25% of the cost of the project. The department may waive the requirement under this subsection if the department determines that the qualified business is subject to extreme financial hardship.

SB45,1274,20 (5) The department may not award a grant or loan under this section to a qualified business for any purpose that is related to tourism unless the department of tourism concurs in the award.

SB45,1274,22 (6) (a) The department shall deposit into the appropriation account under s. 20.143 (1) (ig) all moneys received in repayment of loans made under this section.

SB45,1274,24 (b) The department may forgive all or any part of a loan made under this section.

SB45, s. 2953 Section 2953. 560.138 of the statutes is created to read:

SB45,1275,3 560.138 Gaming economic diversification grants and loans. (1) In this section, "qualified business" means an existing business that is located in, or expanding into, any of the following:

SB45,1275,5 (a) A county in this state in which is located a casino that is operated by a federally recognized American Indian tribe or band in this state.

SB45,1275,8 (b) A county in this state that is adjacent to a county in this state in which is located a casino that is operated by a federally recognized American Indian tribe or band in this state.

SB45,1275,12 (2) (a) Subject to subs. (3) and (4), from the appropriations under s. 20.143 (1) (id) and (km), the department may make a grant or loan to a qualified business for a project for the purpose of diversifying the economy of a community in proximity to a casino.

SB45,1275,14 (b) In determining whether to award a grant or loan under this section, the department shall consider all of the following:

SB45,1275,15 1. A project's potential to retain or increase the number of jobs.

SB45,1275,16 2. A project's potential to provide for significant capital investment.

SB45,1275,18 3. A project's contribution to the economy of the community in proximity to the casino and of the state.

SB45,1275,21 (3) As a condition of approval of a grant or loan under this section, the department shall require that a qualified business provide matching funds for at least 25% of the cost of a project.

SB45,1275,24 (4) The department may not award a grant or loan under this section to a qualified business for any purpose that is related to tourism unless the department of tourism concurs in the award.

SB45,1276,2 (5) The department shall deposit into the appropriation account under s. 20.143 (1) (id) all moneys received in repayment of loans made under this section.

SB45, s. 2954 Section 2954. 560.14 (4) (a) of the statutes is renumbered 560.14 (4), and 560.14 (4) (intro.), (f) and (g), as renumbered, are amended to read:

SB45,1276,8 560.14 (4) (intro.) Subject to par. (b), the The department may make a grant under this subsection from the appropriation under s. 20.143 (1) (fg) to a community-based organization for regional economic development activity if all of the following apply:

SB45,1276,13 (f) The applicants submit a plan that describes the economic development activity, how the economic development activity satisfies the criteria under this paragraph subsection, how the grant will be administered and how the grant proceeds will be used to support the economic development activity; and the secretary approves the plan.

SB45,1276,15 (g) The applicants provide documentation of the contributions required under subd. 5 par. (e).

SB45, s. 2955 Section 2955. 560.14 (4) (b) of the statutes is repealed.

SB45, s. 2956 Section 2956. 560.175 of the statutes is created to read:

SB45,1276,18 560.175 Urban area early planning grants. (1) In this section:

SB45,1276,21 (a) "Early planning project" means the preliminary stages of considering and planning the expansion or start-up of a business that is or will be located in an urban area in this state.

SB45,1276,22 (b) "Urban area" means any of the following:

SB45,1276,24 1. A city, village or town that is located in a county with a population density of at least 150 persons per square mile.

SB45,1276,25 2. A city, village or town with a population of more than 6,000.

SB45,1277,2 (2) Subject to subs. (3) and (6), the department may make a grant from the appropriation under s. 20.143 (1) (c) to a person to fund an early planning project.

SB45,1277,5 (3) The department may not award a grant to a person under this section unless the person submits an application, in a form required by the department, that contains or describes all of the following:

SB45,1277,6 (a) The location of the new or expanding business.

SB45,1277,7 (b) The ownership structure of the new or expanding business.

SB45,1277,8 (c) The product or service provided by the new or expanding business.

SB45,1277,9 (d) The market for the product or service described in par. (c).

SB45,1277,10 (e) Competition within the market described in par. (d).

SB45,1277,11 (f) Any competitive advantages of the new or expanding business.

SB45,1277,13 (g) The person's estimate of the gross revenue of the new or expanding business over a period specified by the department.

SB45,1277,15 (h) The process for manufacturing the product, or providing the services, of the new or expanding business.

SB45,1277,17 (i) An estimate of the number of jobs that will be created by the new or expanding business.

SB45,1277,18 (j) The person's experience and training.

SB45,1277,20 (k) The person's estimate of the profit that will be generated by the new or expanding business over a period specified by the department.

SB45,1277,22 (L) The person's estimate of the capital required to complete the early planning project.

SB45,1277,23 (m) Potential sources of financing for the early planning project.

SB45,1277,24 (n) Any other information that the department requests.

SB45,1278,2 (4) A person who receives a grant under this section may use the grant proceeds only for any of the following:

SB45,1278,3 (a) To perform a business feasibility study.

SB45,1278,4 (b) To prepare a detailed marketing plan.

SB45,1278,5 (c) To prepare a detailed business plan.

SB45,1278,8 (5) In order to receive a grant under this section a person shall contribute cash, from a source other than the state, in an amount that equals at least 25% of the total cost of the project.

SB45,1278,10 (6) (a) In any fiscal biennium, the department may not award to any one person more than $15,000 in grants under this section.

SB45,1278,12 (b) In any fiscal biennium, the department may not award more than $250,000 in grants under this section.

SB45, s. 2957 Section 2957. 560.183 (3) (b) of the statutes is amended to read:

SB45,1278,16 560.183 (3) (b) The agreement shall specify that the responsibility of the department to make the payments under the agreement is subject to the availability of funds in the appropriations under s. 20.143 (1) (f), (jc) and, (jm) and (kr).