SB516: Bill Text

SB516, s. 5 Section 5. 71.07 (2dx) (b) 2. of the statutes is amended to read:

SB516,6,8 71.07 (2dx) (b) 2. The amount determined by multiplying the amount determined under s. 560.785 (1) (b) by the number of full-time jobs created in a development zone and filled by a member of a targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 6 Section 6. 71.07 (2dx) (b) 3. of the statutes is amended to read:

SB516,6,14 71.07 (2dx) (b) 3. The amount determined by multiplying the amount determined under s. 560.785 (1) (c) by the number of full-time jobs created in a development zone and not filled by a member of a targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 7 Section 7. 71.07 (2dx) (b) 4. of the statutes is amended to read:

SB516,6,22 71.07 (2dx) (b) 4. The amount determined by multiplying the amount determined under s. 560.785 (1) (bm) by the number of full-time jobs retained, as provided in the rules under s. 560.785, excluding jobs for which a credit has been claimed under sub. (2dj), in an enterprise development zone under s. 560.797 and for which significant capital investment was made and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 8 Section 8. 71.07 (2dx) (b) 5. of the statutes is amended to read:

SB516,7,4 71.07 (2dx) (b) 5. The amount determined by multiplying the amount determined under s. 560.785 (1) (c) by the number of full-time jobs retained, as provided in the rules under s. 560.785, excluding jobs for which a credit has been claimed under sub. (2dj), in a development zone and not filled by a member of a targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 9 Section 9. 71.28 (1dx) (b) 2. of the statutes is amended to read:

SB516,7,10 71.28 (1dx) (b) 2. The amount determined by multiplying the amount determined under s. 560.785 (1) (b) by the number of full-time jobs created in a development zone and filled by a member of a targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 10 Section 10. 71.28 (1dx) (b) 3. of the statutes is amended to read:

SB516,7,16 71.28 (1dx) (b) 3. The amount determined by multiplying the amount determined under s. 560.785 (1) (c) by the number of full-time jobs created in a development zone and not filled by a member of a targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 11 Section 11. 71.28 (1dx) (b) 4. of the statutes is amended to read:

SB516,7,24 71.28 (1dx) (b) 4. The amount determined by multiplying the amount determined under s. 560.785 (1) (bm) by the number of full-time jobs retained, as provided in the rules under s. 560.785, excluding jobs for which a credit has been claimed under sub. (1dj), in an enterprise development zone under s. 560.797 and for which significant capital investment was made and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 12 Section 12. 71.28 (1dx) (b) 5. of the statutes is amended to read:

SB516,8,6 71.28 (1dx) (b) 5. The amount determined by multiplying the amount determined under s. 560.785 (1) (c) by the number of full-time jobs retained, as provided in the rules under s. 560.785, excluding jobs for which a credit has been claimed under sub. (1dj), in a development zone and not filled by a member of a targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 13 Section 13. 71.47 (1dx) (b) 2. of the statutes is amended to read:

SB516,8,12 71.47 (1dx) (b) 2. The amount determined by multiplying the amount determined under s. 560.785 (1) (b) by the number of full-time jobs created in a development zone and filled by a member of a targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 14 Section 14. 71.47 (1dx) (b) 3. of the statutes is amended to read:

SB516,8,18 71.47 (1dx) (b) 3. The amount determined by multiplying the amount determined under s. 560.785 (1) (c) by the number of full-time jobs created in a development zone and not filled by a member of a targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 15 Section 15. 71.47 (1dx) (b) 4. of the statutes is amended to read:

SB516,9,2 71.47 (1dx) (b) 4. The amount determined by multiplying the amount determined under s. 560.785 (1) (bm) by the number of full-time jobs retained, as provided in the rules under s. 560.785, excluding jobs for which a credit has been claimed under sub. (1dj), in an enterprise development zone under s. 560.797 and for which significant capital investment was made and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 16 Section 16. 71.47 (1dx) (b) 5. of the statutes is amended to read:

SB516,9,9 71.47 (1dx) (b) 5. The amount determined by multiplying the amount determined under s. 560.785 (1) (c) by the number of full-time jobs retained, as provided in the rules under s. 560.785, excluding jobs for which a credit has been claimed under sub. (1dj), in a development zone and not filled by a member of a targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

SB516, s. 17 Section 17. 227.01 (13) (zL) of the statutes is created to read:

SB516,9,12 227.01 (13) (zL) Relates to the trial jobs plus demonstration project under s. 49.147 (3) (d).

SB516, s. 18 Section 18. 227.01 (13) (zL) of the statutes, as created by 2003 Wisconsin Act .... (this act), is repealed.

SB516, s. 19 Section 19. 2003 Wisconsin Act 33, section 9159 (4f) is repealed.

SB516, s. 20 Section 20. Nonstatutory provisions.

SB516,9,21 (1) Reports on trial jobs plus demonstration project. On or about January 1, 2005, July 1, 2005, and March 1, 2006, the department of workforce development shall submit a report to the legislature in the manner provided under section 13.172 (2) of the statutes that details the following information about the demonstration project under section 49.147 (3) (d) of the statutes, as created by this act:

SB516,9,23 (a) A profile of the participants, including identifiable barriers to their employment.

SB516,10,3 (b) The success of the Wisconsin Works agencies involved in the project in meeting the performance standards established under section 49.143 (3) of the statutes.

SB516,10,5 (c) The number of participants offered unsubsidized employment by their trial jobs plus employers.

SB516,10,6 (d) The average cost per participant placement in a trial job plus.

SB516,10,10 (e) A follow-up on the employment status of each individual after the conclusion of his or her participation in the project, including whether the individual is employed in unsubsidized employment or participating in another job or placement under the Wisconsin Works program.

SB516,10,14 (f) An accounting of expenditures under the project, including administration expenses, intermediary contract costs under section 49.147 (3) (d) 4. of the statutes, as created by this act, reimbursements and wage subsidies under section 49.147 (3) (d) 5. of the statutes, as created by this act, and any other project-related expenses.

SB516,10,23 (2) Request for release of funds. Within 30 days after the effective date of this subsection, the department of workforce development shall request the joint committee on finance to take action under section 13.10 of the statutes to release moneys from the appropriation account under section 20.865 (4) (m) of the statutes to fund the demonstration project under section 49.147 (3) (d) of the statutes, as created by this act. In addition to providing an accounting of the proposed budget, the request shall detail the goals of the demonstration project and the department's strategy for implementation and shall provide an explanation of the criteria that the Wisconsin Works agencies will use to select the project's participants.

SB516, s. 21 Section 21. Initial applicability.

SB516,11,3 (1) Development zones tax credits. The treatment of sections 71.07 (2dx) (b) 2., 3., 4., and 5., 71.28 (1dx) (b) 2., 3., 4., and 5., and 71.47 (1dx) (b) 2., 3., 4., and 5. of the statutes first applies to taxable years beginning on January 1, 2004.

SB516, s. 22 Section 22. Effective dates. This act takes effect on the day after publication, except as follows:

SB516,11,7 (1) The repeal of section 227.01 (13) (zL) of the statutes takes effect on January 1, 2006.

SB516,11,8 (End)