AB75: Bill Text

AB75, s. 3000 Section 3000. 551.614 (1) (b) 2. a. of the statutes is amended to read:

AB75,1493,14 551.614 (1) (b) 2. a. Elect not to include the information under subd. 2. b. and instead pay a fee of $1,500 $10,000.

AB75, s. 3001 Section 3001. 551.614 (1) (b) 2. b. of the statutes is amended to read:

AB75,1493,20 551.614 (1) (b) 2. b. Report the amount of securities sold to persons in this state during the preceding fiscal year or, if sales have terminated, during the portion of the preceding fiscal year during which sales were made, and pay a fee of 0.05 percent of the dollar amount of the securities sold to persons in this state, but not less than $150 $500 nor more than $1,500 $10,000.

AB75, s. 3002 Section 3002. 551.614 (2) of the statutes is amended to read:

AB75,1494,7 551.614 (2) Fees related to broker-dealers, agents, investment advisers, investment adviser representatives, and federal covered advisers. Every applicant for an initial or renewal license under s. 551.401, 551.402, 551.403, or 551.404 shall pay a filing fee of $200 in the case of a broker-dealer or investment adviser and $30 $60 in the case of an agent representing a broker-dealer or issuer or an investment adviser representative. Every federal covered adviser in this state that is required to make a notice filing under s. 551.405 shall pay an initial or renewal notice filing fee of $200. A broker-dealer, investment adviser, or federal covered adviser maintaining a branch office within this state shall pay an additional filing fee of $30 $60 for each branch office. When an application is denied, or an application or a notice filing is withdrawn, the filing fee shall be retained.

AB75, s. 3003 Section 3003. 560.031 of the statutes is amended to read:

AB75,1494,13 560.031 Grants for ethanol production facilities. Notwithstanding ss. s. 560.138 (2) (a) and 560.17 (3), the department may not make a grant for an ethanol production facility on which construction begins after July 27, 2005, unless a competitive bidding process is used for the construction of the ethanol production facility.

AB75, s. 3004 Section 3004. 560.036 (1) (e) 1. (intro.) of the statutes is renumbered 560.036 (1) (e) (intro.) and amended to read:

AB75,1494,19 560.036 (1) (e) (intro.) "Minority business" means a sole proprietorship, partnership, limited liability company, joint venture, or corporation that is currently performing a useful business function and fulfills both one of the following requirements:

AB75, s. 3005 Section 3005. 560.036 (1) (e) 1. a. of the statutes is renumbered 560.036 (1) (e) 2.

AB75, s. 3006 Section 3006. 560.036 (1) (e) 1. b. of the statutes is repealed.

AB75, s. 3007 Section 3007. 560.036 (1) (e) 3. of the statutes is created to read:

AB75,1495,2 560.036 (1) (e) 3. It is at least 30 percent owned by a minority group member or members who are U.S. citizens or persons lawfully admitted to the United States for permanent residence, as defined under 8 USC 1101 (a) (20) and it fulfills all of the following criteria:

AB75,1495,4 a. Its day-to-day operations are controlled by the minority group member or members.

AB75,1495,6 b. At least 51 percent of any voting rights attached to its equity securities are held by the minority group member or members.

AB75,1495,8 c. At least 51 percent of the members of its board of directors are appointed by the minority group member or members.

AB75, s. 3008 Section 3008. 560.037 (1) (intro.) of the statutes is amended to read:

AB75,1495,12 560.037 (1) (intro.) Subject to sub. (3), the department may make grants from the appropriation under s. 20.143 (1) (fg) (fw) to the women's business initiative corporation to fund its operating costs if all of the following apply:

AB75, s. 3009 Section 3009. 560.06 of the statutes is repealed.

AB75, s. 3010 Section 3010. 560.07 (8) of the statutes is repealed.

AB75, s. 3011 Section 3011. 560.07 (9) of the statutes is repealed.

AB75, s. 3012 Section 3012. 560.122 of the statutes is created to read:

AB75,1495,20 560.122 Film project grants program. The department may award a grant from the appropriation under s. 20.143 (1) (bp) for a film-related or video-related project that creates long-term jobs in this state. The department shall promulgate rules necessary for the administration of this program.

AB75, s. 3013 Section 3013. 560.125 of the statutes is repealed.

AB75, s. 3014 Section 3014. 560.126 (2) (b) 2. of the statutes is amended to read:

AB75,1495,24 560.126 (2) (b) 2. Whether the applicant is a small business, a minority owned business under s. 560.80 (8) 560.036 (1) (e), a locally owned business, or a farm.

AB75, s. 3015 Section 3015. 560.13 (2) (a) 2. (intro.) of the statutes is amended to read:

AB75,1496,3 560.13 (2) (a) 2. (intro.) All of the following are unknown, cannot be located, or are financially unable to pay the cost of brownfields redevelopment or associated environmental remediation activities:

AB75, s. 3016 Section 3016. 560.13 (2) (b) 1. of the statutes is amended to read:

AB75,1496,9 560.13 (2) (b) 1. The contribution required under par. (a) 3. may be in cash or in-kind. Cash contributions may be of private or public funds, excluding funds obtained under the program under s. 560.17 or under any program under subch. II or V or VII of this chapter. In-kind contributions shall be limited to actual remediation services.

AB75, s. 3017 Section 3017. 560.13 (3) (a) (intro.) of the statutes is renumbered 560.13 (3) (intro.) and amended to read:

AB75,1496,14 560.13 (3) (intro.) The department shall award grants may consider the following criteria in making awards under this section on the basis of the following criteria:

AB75, s. 3018 Section 3018. 560.13 (3) (a) 1. of the statutes is renumbered 560.13 (3) (a).

AB75, s. 3019 Section 3019. 560.13 (3) (a) 2. of the statutes is repealed.

AB75, s. 3020 Section 3020. 560.13 (3) (a) 3. of the statutes is repealed.

AB75, s. 3021 Section 3021. 560.13 (3) (a) 4. of the statutes is repealed.

AB75, s. 3022 Section 3022. 560.13 (3) (b) of the statutes is repealed.

AB75, s. 3023 Section 3023. 560.13 (3) (c) of the statutes is created to read:

AB75,1496,21 560.13 (3) (c) The level of financial commitment by the applicant to the project.

AB75, s. 3024 Section 3024. 560.13 (3) (d) of the statutes is created to read:

AB75,1496,24 560.13 (3) (d) The extent and degree of soil and groundwater contamination at the project site.

AB75, s. 3025 Section 3025. 560.13 (3) (e) of the statutes is created to read:

AB75,1497,2 560.13 (3) (e) The adequacy and completeness of the site investigation and remediation plan.

AB75, s. 3026 Section 3026. 560.13 (3) (f) of the statutes is created to read:

AB75,1497,5 560.13 (3) (f) Any other factors considered by the department to be relevant to assessing the viability and feasibility of the project.

AB75, s. 3027 Section 3027. 560.138 (1) (at) of the statutes is renumbered 560.138 (1) (at) (intro.) and amended to read:

AB75,1497,9 560.138 (1) (at) (intro.) "Professional services" has the meaning given in s. 560.17 (1) (c). includes all of the following:

AB75, s. 3028 Section 3028. 560.138 (1) (at) 1., 2., 3. and 4. of the statutes are created to read:

AB75,1497,12 560.138 (1) (at) 1. Preparing preliminary feasibility studies, feasibility studies, or business and financial plans.

AB75,1497,13 2. Providing a financial package.

AB75,1497,14 3. Performing engineering studies, appraisals, or marketing assistance.

AB75,1497,15 4. Providing related legal, accounting, or managerial services.

AB75, s. 3029 Section 3029. 560.138 (7) of the statutes is created to read:

AB75,1497,21 560.138 (7) The department may charge the recipient of a grant or loan under this section an origination fee of not more than 2 percent of the grant or loan amount if the grant or loan equals or exceeds $100,000. The department shall deposit all origination fees collected under this subsection into the appropriation account under s. 20.143 (1) (gm).

AB75, s. 3030 Section 3030. 560.139 (2) of the statutes is repealed.

AB75, s. 3031 Section 3031. 560.139 (3) of the statutes is repealed.

AB75, s. 3032 Section 3032. 560.139 (4) of the statutes is created to read:

AB75,1498,5 560.139 (4) Origination fee. The department may charge the recipient of a grant or loan under sub. (1) (a), (2), or (3) an origination fee of not more than 2 percent of the grant or loan amount if the grant or loan equals or exceeds $100,000. The department shall deposit all origination fees collected under this subsection into the appropriation account under s. 20.143 (1) (gm).

AB75, s. 3033 Section 3033. 560.14 of the statutes is repealed.

AB75, s. 3034 Section 3034. 560.17 of the statutes is repealed.

AB75, s. 3035 Section 3035. 560.183 (title) of the statutes is renumbered 36.60 (title).

AB75, s. 3036 Section 3036. 560.183 (1) of the statutes is renumbered 36.60 (1).

AB75, s. 3037 Section 3037. 560.183 (2) of the statutes is renumbered 36.60 (2), and 36.60 (2) (a), as renumbered, is amended to read:

AB75,1498,15 36.60 (2) (a) The department board may repay, on behalf of a physician or dentist, up to $50,000 in educational loans obtained by the physician or dentist from a public or private lending institution for education in an accredited school of medicine or dentistry or for postgraduate medical or dental training.

AB75, s. 3038 Section 3038. 560.183 (3) of the statutes is renumbered 36.60 (3) and amended to read:

AB75,1499,2 36.60 (3) Agreement. (a) The department board shall enter into a written agreement with the physician, in which the physician agrees to practice at least 32 clinic hours per week for 3 years in one or more eligible practice areas in this state, except that a physician specializing in psychiatry may only agree to practice psychiatry in a mental health shortage area and a physician in the expanded loan assistance program under sub. (9) may only agree to practice at a public or private nonprofit entity in a health professional shortage area. The physician shall also agree to care for patients who are insured or for whom health benefits are payable under medicare, medical assistance, or any other governmental program.

AB75,1499,7 (am) The department board shall enter into a written agreement with the dentist, in which the dentist agrees to practice at least 32 clinic hours per week for 3 years in one or more dental health shortage areas in this state. The dentist shall also agree to care for patients who are insured or for whom dental health benefits are payable under medicare, medical assistance, or any other governmental program.

AB75,1499,10 (b) The agreement shall specify that the responsibility of the department board to make the payments under the agreement is subject to the availability of funds in the appropriations under s. 20.143 20.285 (1) (jc), (jm) and (kr) (ks).

AB75, s. 3039 Section 3039. 560.183 (4) of the statutes is renumbered 36.60 (4), and 36.60 (4) (intro.), as renumbered, is amended to read:

AB75,1499,15 36.60 (4) Loan repayment. (intro.) Principal and interest due on loans, exclusive of any penalties, may be repaid by the department board at the following rate:

AB75, s. 3040 Section 3040. 560.183 (5) of the statutes is renumbered 36.60 (5), and 36.60 (5) (a) and (b) (intro.) and 6., as renumbered, are amended to read:

AB75,1499,20 36.60 (5) (a) The obligation of the department board to make payments under an agreement entered into under sub. (3) (b) is subject to the availability of funds in the appropriations under s. 20.143 20.285 (1) (jc), (jm) and (kr) (ks).

AB75,1499,25 (b) (intro.) If the cost of repaying the loans of all eligible applicants, when added to the cost of loan repayments scheduled under existing agreements, exceeds the total amount in the appropriations under s. 20.143 20.285 (1) (jc), (jm) and (kr) (ks), the department board shall establish priorities among the eligible applicants based upon the following considerations:

AB75,1500,1 6. Other considerations that the department board may specify by rule.

AB75, s. 3041 Section 3041. 560.183 (6) of the statutes is renumbered 36.60 (6) and amended to read:

AB75,1500,7 36.60 (6) Local participation. The department board shall encourage contributions to the program under this section by counties, cities, villages, and towns. Funds received under this subsection shall be deposited in the appropriation under s. 20.143 (1) (jm) 20.285 (1) (jc).

AB75, s. 3042 Section 3042. 560.183 (6m) of the statutes is renumbered 36.60 (6m), and 36.60 (6m) (a) (intro.) and (b), as renumbered, are amended to read:

AB75,1500,12 36.60 (6m) (a) (intro.) The department board shall, by rule, establish penalties to be assessed by the department board against physicians and dentists who breach agreements entered into under sub. (3). The rules shall do all of the following:

AB75,1500,14 (b) Any penalties assessed and collected under this subsection shall be credited to the appropriation account under s. 20.143 20.285 (1) (jc).

AB75, s. 3043 Section 3043. 560.183 (8) (intro.), (b), (d), (e) and (f) of the statutes are renumbered 36.60 (8) (intro.), (b), (d), (e) and (f), and 36.60 (8) (intro.), (b) and (d), as renumbered, are amended to read:

AB75,1500,23 36.60 (8) Administrative contract Administration. (intro.) From the appropriation under s. 20.143 (1) (kr), the department shall contract with the board of regents of the University of Wisconsin System for administrative services from the office of rural health of the department of professional and community development of the University of Wisconsin Medical School. Under the contract, the office of rural health The board shall do all of the following:

AB75,1501,2 (b) Advise the department and rural health development council on the identification of Identify eligible practice areas with an extremely high need for medical care and dental health shortage areas with an extremely high need for dental care.

AB75,1501,4 (d) Assist the department to publicize Publicize the program under this section to physicians, dentists, and eligible communities.

AB75, s. 3044 Section 3044. 560.183 (8) (g) of the statutes is repealed.

AB75, s. 3045 Section 3045. 560.183 (9) of the statutes is renumbered 36.60 (9), and 36.60 (9) (intro.), as renumbered, is amended to read:

AB75,1501,14 36.60 (9) Expanded loan assistance program. (intro.) The department board may agree to repay loans as provided under this section on behalf of a physician or dentist under an expanded physician and dentist loan assistance program that is funded through federal funds in addition to state matching funds. To be eligible for loan repayment under the expanded physician and dentist loan assistance program, a physician or dentist must fulfill all of the requirements for loan repayment under this section, as well as all of the following:

AB75, s. 3046 Section 3046. 560.184 (title) of the statutes is renumbered 36.61 (title).

AB75, s. 3047 Section 3047. 560.184 (1) of the statutes is renumbered 36.61 (1), and 36.61 (1) (ac), (ag), (bp) and (d), as renumbered, are amended to read: