LRB-1983/1
MES:lmk:jf
2005 - 2006 LEGISLATURE
February 22, 2005 - Introduced by Representatives Mursau, Gard, Ainsworth,
Albers, Ballweg, Berceau, Friske, Gunderson, Hahn, Hines, Hundertmark,
Jeskewitz, Kerkman, LeMahieu, Ott, Petrowski, Pridemore, Staskunas and
Van Roy, cosponsored by Senators Hansen and Lassa. Referred to Committee
on Small Business.
AB116,1,4
1An Act to amend 59.57 (2) (c) 3. and 59.57 (2) (f) (intro.); and
to create 59.57
2(2) (fm) of the statutes;
relating to: changing the definition of industrial
3development project, and limiting the scope of certain projects, under the
4Industrial Development Law.
Analysis by the Legislative Reference Bureau
Under current law, a county board may appropriate money for and create a
county industrial development agency, or may appropriate money to a nonprofit
agency, to foster industrial development in the county. An agency created by the
county is a separate and distinct public instrumentality from the county. An agency
may engage in a number of activities to promote industrial development in the
county, including the following:
1. Grant financial aid to any industrial development project.
2. Acquire real or personal property; improve, clear, and redevelop the
property; or sell, lease, or subdivide the property and make it available for industrial
use.
3. Borrow money and issue debt, or loan money, to foster an industrial
development project.
Currently, an "industrial development project" is defined as any site, structure,
facility, or undertaking comprising or connected with an industrial or manufacturing
enterprise that is established, or will be established, by an industrial development
agency. Under this bill, the definition of "industrial development project" is
expanded to include commercial, retail, agribusiness, or service enterprises. Also
under this bill, an industrial development agency may not take any action that is
described in item 2., above, for an industrial development project that is a
commercial, retail, agribusiness, or service-related enterprise.
For further information see the local fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB116, s. 1
1Section
1. 59.57 (2) (c) 3. of the statutes is amended to read:
AB116,2,52
59.57
(2) (c) 3. "Industrial development project" means any site, structure,
3facility
, or undertaking comprising or being connected with or being a part of an
4industrial
or, manufacturing
, commercial, retail, agribusiness, or service-related 5enterprise established or to be established by an industrial development agency.
AB116, s. 2
6Section
2. 59.57 (2) (f) (intro.) of the statutes is amended to read:
AB116,2,107
59.57
(2) (f)
Operating authority of industrial development agencies. (intro.)
8The Subject to par. (fm), the agency is granted all operating authority necessary or
9incidental to carrying out and effectuating the purposes of this subsection including,
10without limitation because of enumeration, the following:
AB116, s. 3
11Section
3. 59.57 (2) (fm) of the statutes is created to read:
AB116,2,1412
59.57
(2) (fm)
Limitations on authority of industrial development agencies. No
13agency may take any action under par. (f) 2. for an industrial development project
14that is a commercial, retail, agribusiness, or service-related enterprise.
