SB218,8 5Section 8. 13.95 (intro.) of the statutes is amended to read:
SB218,9,19 613.95 Legislative fiscal bureau. (intro.) There is created a bureau to be
7known as the "Legislative Fiscal Bureau" headed by a director. The fiscal bureau
8shall be strictly nonpartisan and shall at all times observe the confidential nature
9of the research requests received by it; however, with the prior approval of the
10requester in each instance, the bureau may duplicate the results of its research for
11distribution. Subject to s. 230.35 (4) (a) and (f), the director or the director's
12designated employees shall at all times, with or without notice, have access to all
13state agencies, the University of Wisconsin Hospitals and Clinics Authority, the
14Wisconsin Aerospace Authority, the Health Insurance Risk-Sharing Plan Authority,
15the Lower Fox River Remediation Authority, the Wisconsin Economic Development
16Corporation, the Wisconsin Venture Capital Authority, and the Fox River
17Navigational System Authority, and to any books, records, or other documents
18maintained by such agencies or authorities and relating to their expenditures,
19revenues, operations, and structure.
SB218,9 20Section 9. 16.002 (2) of the statutes is amended to read:
SB218,9,2521 16.002 (2) "Departments" means constitutional offices, departments, and
22independent agencies and includes all societies, associations, and other agencies of
23state government for which appropriations are made by law, but not including
24authorities created in subch. II of ch. 114 or subch. III of ch. 149 or in ch. 231, 232,
25233, 234, 237, 238, 239, or 279.
SB218,10
1Section 10. 16.004 (4) of the statutes is amended to read:
SB218,10,72 16.004 (4) Freedom of access. The secretary and such employees of the
3department as the secretary designates may enter into the offices of state agencies
4and authorities created under subch. II of ch. 114 and subch. III of ch. 149 and under
5chs. 231, 233, 234, 237, 238, 239, and 279, and may examine their books and accounts
6and any other matter that in the secretary's judgment should be examined and may
7interrogate the agency's employees publicly or privately relative thereto.
SB218,11 8Section 11. 16.004 (5) of the statutes is amended to read:
SB218,10,139 16.004 (5) Agencies and employees to cooperate. All state agencies and
10authorities created under subch. II of ch. 114 and subch. III of ch. 149 and under chs.
11231, 233, 234, 237, 238, 239, and 279, and their officers and employees, shall
12cooperate with the secretary and shall comply with every request of the secretary
13relating to his or her functions.
SB218,12 14Section 12. 16.004 (12) (a) of the statutes is amended to read:
SB218,10,2315 16.004 (12) (a) In this subsection, "state agency" means an association,
16authority, board, department, commission, independent agency, institution, office,
17society, or other body in state government created or authorized to be created by the
18constitution or any law, including the legislature, the office of the governor, and the
19courts, but excluding the University of Wisconsin Hospitals and Clinics Authority,
20the Wisconsin Aerospace Authority, the Health Insurance Risk-Sharing Plan
21Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic
22Development Corporation, the Wisconsin Venture Capital Authority, and the Fox
23River Navigational System Authority.
SB218,13 24Section 13. 16.015 of the statutes is created to read:
SB218,11,3
116.015 Administrative support; Wisconsin Venture Capital Authority.
2The department shall provide administrative support services to the Wisconsin
3Venture Capital Authority.
SB218,14 4Section 14. 16.045 (1) (a) of the statutes is amended to read:
SB218,11,105 16.045 (1) (a) "Agency" means an office, department, independent agency,
6institution of higher education, association, society, or other body in state
7government created or authorized to be created by the constitution or any law, that
8is entitled to expend moneys appropriated by law, including the legislature and the
9courts, but not including an authority created in subch. II of ch. 114 or subch. III of
10ch. 149 or in ch. 231, 232, 233, 234, 237, 238, 239, or 279.
SB218,15 11Section 15. 16.15 (1) (ab) of the statutes is amended to read:
SB218,11,1612 16.15 (1) (ab) "Authority" has the meaning given under s. 16.70 (2), but
13excludes the University of Wisconsin Hospitals and Clinics Authority, the Lower Fox
14River Remediation Authority, the Wisconsin Economic Development Corporation,
15the Wisconsin Venture Capital Authority, and the Health Insurance Risk-Sharing
16Plan Authority.
SB218,16 17Section 16. 16.41 (4) of the statutes is amended to read:
SB218,11,1918 16.41 (4) In this section, "authority" means a body created under subch. II of
19ch. 114 or subch. III of ch. 149 or under ch. 231, 233, 234, 237, 238, 239, or 279.
SB218,17 20Section 17 . 16.417 (1) (b) of the statutes is amended to read:
SB218,11,2221 16.417 (1) (b) "Authority" means a body created under subch. II of ch. 114 or
22ch. 231, 232, 233, 234, 237, 238, 239, or 279.
SB218,18 23Section 18. 16.5195 of the statutes is created to read:
SB218,12,3
116.5195 Transfers to the Wisconsin forward jobs fund. The secretary
2shall transfer the following amounts from the general fund to the Wisconsin forward
3jobs fund:
SB218,12,4 4(1) In fiscal year 2013-14, $25,000,000.
SB218,12,5 5(2) In fiscal year 2014-15, $43,000,000.
SB218,12,6 6(3) In fiscal year 2015-16, $50,000,000.
SB218,12,7 7(4) In fiscal year 2016-17, $50,000,000.
SB218,12,8 8(5) In fiscal year 2017-18, $20,000,000.
SB218,12,9 9(6) In fiscal year 2018-19, $20,000,000.
SB218,19 10Section 19. 16.52 (7) of the statutes is amended to read:
SB218,12,2111 16.52 (7) Petty cash account. With the approval of the secretary, each agency
12that is authorized to maintain a contingent fund under s. 20.920 may establish a
13petty cash account from its contingent fund. The procedure for operation and
14maintenance of petty cash accounts and the character of expenditures therefrom
15shall be prescribed by the secretary. In this subsection, "agency" means an office,
16department, independent agency, institution of higher education, association,
17society, or other body in state government created or authorized to be created by the
18constitution or any law, that is entitled to expend moneys appropriated by law,
19including the legislature and the courts, but not including an authority created in
20subch. II of ch. 114 or subch. III of ch. 149 or in ch. 231, 233, 234, 237, 238, 239, or
21279.
SB218,20 22Section 20. 16.528 (1) (a) of the statutes is amended to read:
SB218,13,323 16.528 (1) (a) "Agency" means an office, department, independent agency,
24institution of higher education, association, society, or other body in state
25government created or authorized to be created by the constitution or any law, that

1is entitled to expend moneys appropriated by law, including the legislature and the
2courts, but not including an authority created in subch. II of ch. 114 or subch. III of
3ch. 149 or in ch. 231, 233, 234, 237, 238, 239, or 279.
SB218,21 4Section 21. 16.53 (2) of the statutes is amended to read:
SB218,13,135 16.53 (2) Improper invoices. If an agency receives an improperly completed
6invoice, the agency shall notify the sender of the invoice within 10 working days after
7it receives the invoice of the reason it is improperly completed. In this subsection,
8"agency" means an office, department, independent agency, institution of higher
9education, association, society, or other body in state government created or
10authorized to be created by the constitution or any law, that is entitled to expend
11moneys appropriated by law, including the legislature and the courts, but not
12including an authority created in subch. II of ch. 114 or subch. III of ch. 149 or in ch.
13231, 233, 234, 237, 238, 239, or 279.
SB218,22 14Section 22. 16.54 (9) (a) 1. of the statutes is amended to read:
SB218,13,2015 16.54 (9) (a) 1. "Agency" means an office, department, independent agency,
16institution of higher education, association, society or other body in state
17government created or authorized to be created by the constitution or any law, which
18is entitled to expend moneys appropriated by law, including the legislature and the
19courts, but not including an authority created in subch. II of ch. 114 or subch. III of
20ch. 149 or in ch. 231, 233, 234, 237, 238, 239, or 279.
SB218,23 21Section 23. 16.765 (1) of the statutes is amended to read:
SB218,14,822 16.765 (1) Contracting agencies, the University of Wisconsin Hospitals and
23Clinics Authority, the Fox River Navigational System Authority, the Wisconsin
24Aerospace Authority, the Health Insurance Risk-Sharing Plan Authority, the Lower
25Fox River Remediation Authority, the Wisconsin Economic Development

1Corporation, the Wisconsin Venture Capital Authority, and the Bradley Center
2Sports and Entertainment Corporation shall include in all contracts executed by
3them a provision obligating the contractor not to discriminate against any employee
4or applicant for employment because of age, race, religion, color, handicap, sex,
5physical condition, developmental disability as defined in s. 51.01 (5), sexual
6orientation as defined in s. 111.32 (13m), or national origin and, except with respect
7to sexual orientation, obligating the contractor to take affirmative action to ensure
8equal employment opportunities.
SB218,24 9Section 24. 16.765 (2) of the statutes is amended to read:
SB218,15,210 16.765 (2) Contracting agencies, the University of Wisconsin Hospitals and
11Clinics Authority, the Fox River Navigational System Authority, the Wisconsin
12Aerospace Authority, the Health Insurance Risk-Sharing Plan Authority, the Lower
13Fox River Remediation Authority, the Wisconsin Economic Development
14Corporation, the Wisconsin Venture Capital Authority, and the Bradley Center
15Sports and Entertainment Corporation shall include the following provision in every
16contract executed by them: "In connection with the performance of work under this
17contract, the contractor agrees not to discriminate against any employee or applicant
18for employment because of age, race, religion, color, handicap, sex, physical
19condition, developmental disability as defined in s. 51.01 (5), sexual orientation or
20national origin. This provision shall include, but not be limited to, the following:
21employment, upgrading, demotion or transfer; recruitment or recruitment
22advertising; layoff or termination; rates of pay or other forms of compensation; and
23selection for training, including apprenticeship. Except with respect to sexual
24orientation, the contractor further agrees to take affirmative action to ensure equal
25employment opportunities. The contractor agrees to post in conspicuous places,

1available for employees and applicants for employment, notices to be provided by the
2contracting officer setting forth the provisions of the nondiscrimination clause".
SB218,25 3Section 25. 16.765 (5) of the statutes is amended to read:
SB218,15,214 16.765 (5) The head of each contracting agency and the boards of directors of
5the University of Wisconsin Hospitals and Clinics Authority, the Fox River
6Navigational System Authority, the Wisconsin Aerospace Authority, the Health
7Insurance Risk-Sharing Plan Authority, the Lower Fox River Remediation
8Authority, the Wisconsin Economic Development Corporation, the Wisconsin
9Venture Capital Authority,
and the Bradley Center Sports and Entertainment
10Corporation shall be primarily responsible for obtaining compliance by any
11contractor with the nondiscrimination and affirmative action provisions prescribed
12by this section, according to procedures recommended by the department. The
13department shall make recommendations to the contracting agencies and the boards
14of directors of the University of Wisconsin Hospitals and Clinics Authority, the Fox
15River Navigational System Authority, the Wisconsin Aerospace Authority, the
16Health Insurance Risk-Sharing Plan Authority, the Lower Fox River Remediation
17Authority, the Wisconsin Economic Development Corporation, the Wisconsin
18Venture Capital Authority,
and the Bradley Center Sports and Entertainment
19Corporation for improving and making more effective the nondiscrimination and
20affirmative action provisions of contracts. The department shall promulgate such
21rules as may be necessary for the performance of its functions under this section.
SB218,26 22Section 26. 16.765 (6) of the statutes is amended to read:
SB218,16,723 16.765 (6) The department may receive complaints of alleged violations of the
24nondiscrimination provisions of such contracts. The department shall investigate
25and determine whether a violation of this section has occurred. The department may

1delegate this authority to the contracting agency, the University of Wisconsin
2Hospitals and Clinics Authority, the Fox River Navigational System Authority, the
3Wisconsin Aerospace Authority, the Health Insurance Risk-Sharing Plan Authority,
4the Lower Fox River Remediation Authority, the Wisconsin Economic Development
5Corporation, the Wisconsin Venture Capital Authority, or the Bradley Center Sports
6and Entertainment Corporation for processing in accordance with the department's
7procedures.
SB218,27 8Section 27. 16.765 (7) (intro.) of the statutes is amended to read:
SB218,16,209 16.765 (7) (intro.) When a violation of this section has been determined by the
10department, the contracting agency, the University of Wisconsin Hospitals and
11Clinics Authority, the Fox River Navigational System Authority, the Wisconsin
12Aerospace Authority, the Health Insurance Risk-Sharing Plan Authority, the Lower
13Fox River Remediation Authority, the Wisconsin Economic Development
14Corporation, the Wisconsin Venture Capital Authority, or the Bradley Center Sports
15and Entertainment Corporation, the contracting agency, the University of Wisconsin
16Hospitals and Clinics Authority, the Fox River Navigational System Authority, the
17Wisconsin Aerospace Authority, the Health Insurance Risk-Sharing Plan Authority,
18the Lower Fox River Remediation Authority, the Wisconsin Economic Development
19Corporation, the Wisconsin Venture Capital Authority, or the Bradley Center Sports
20and Entertainment Corporation shall:
SB218,28 21Section 28. 16.765 (7) (d) of the statutes is amended to read:
SB218,17,422 16.765 (7) (d) Direct the violating party to take immediate steps to prevent
23further violations of this section and to report its corrective action to the contracting
24agency, the University of Wisconsin Hospitals and Clinics Authority, the Fox River
25Navigational System Authority, the Wisconsin Aerospace Authority, the Health

1Insurance Risk-Sharing Plan Authority, the Lower Fox River Remediation
2Authority, the Wisconsin Economic Development Corporation, the Wisconsin
3Venture Capital Authority,
or the Bradley Center Sports and Entertainment
4Corporation.
SB218,29 5Section 29. 16.765 (8) of the statutes is amended to read:
SB218,17,256 16.765 (8) If further violations of this section are committed during the term
7of the contract, the contracting agency, the Fox River Navigational System Authority,
8the Wisconsin Aerospace Authority, the Health Insurance Risk-Sharing Plan
9Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic
10Development Corporation, the Wisconsin Venture Capital Authority, or the Bradley
11Center Sports and Entertainment Corporation may permit the violating party to
12complete the contract, after complying with this section, but thereafter the
13contracting agency, the Fox River Navigational System Authority, the Wisconsin
14Aerospace Authority, the Health Insurance Risk-Sharing Plan Authority, the Lower
15Fox River Remediation Authority, the Wisconsin Economic Development
16Corporation, the Wisconsin Venture Capital Authority, or the Bradley Center Sports
17and Entertainment Corporation shall request the department to place the name of
18the party on the ineligible list for state contracts, or the contracting agency, the Fox
19River Navigational System Authority, the Wisconsin Aerospace Authority, the
20Health Insurance Risk-Sharing Plan Authority, the Lower Fox River Remediation
21Authority, the Wisconsin Economic Development Corporation, the Wisconsin
22Venture Capital Authority,
or the Bradley Center Sports and Entertainment
23Corporation may terminate the contract without liability for the uncompleted
24portion or any materials or services purchased or paid for by the contracting party
25for use in completing the contract.
SB218,30
1Section 30. 16.85 (2) of the statutes is amended to read:
SB218,18,122 16.85 (2) To furnish engineering, architectural, project management, and other
3building construction services whenever requisitions therefor are presented to the
4department by any agency. The department may deposit moneys received from the
5provision of these services in the account under s. 20.505 (1) (kc) or in the general
6fund as general purpose revenue — earned. In this subsection, "agency" means an
7office, department, independent agency, institution of higher education, association,
8society, or other body in state government created or authorized to be created by the
9constitution or any law, which is entitled to expend moneys appropriated by law,
10including the legislature and the courts, but not including an authority created in
11subch. II of ch. 114 or subch. III of ch. 149 or in ch. 231, 233, 234, 237, 238, 239, or
12279.
SB218,31 13Section 31. 16.865 (8) of the statutes is amended to read:
SB218,19,314 16.865 (8) Annually in each fiscal year, allocate as a charge to each agency a
15proportionate share of the estimated costs attributable to programs administered by
16the agency to be paid from the appropriation under s. 20.505 (2) (k). The department
17may charge premiums to agencies to finance costs under this subsection and pay the
18costs from the appropriation on an actual basis. The department shall deposit all
19collections under this subsection in the appropriation account under s. 20.505 (2) (k).
20Costs assessed under this subsection may include judgments, investigative and
21adjustment fees, data processing and staff support costs, program administration
22costs, litigation costs, and the cost of insurance contracts under sub. (5). In this
23subsection, "agency" means an office, department, independent agency, institution
24of higher education, association, society, or other body in state government created
25or authorized to be created by the constitution or any law, that is entitled to expend

1moneys appropriated by law, including the legislature and the courts, but not
2including an authority created in subch. II of ch. 114 or subch. III of ch. 149 or in ch.
3231, 232, 233, 234, 237, 238, 239, or 279.
SB218,32 4Section 32. 19.42 (10) (t) of the statutes is created to read:
SB218,19,85 19.42 (10) (t) The executive director of the Wisconsin Venture Capital
6Authority, the members of the authority's board of directors who are nominated by
7the executive director of the investment board, and the fund manager of the
8Wisconsin forward jobs fund hired under s. 239.41.
SB218,33 9Section 33. 19.42 (13) (p) of the statutes is created to read:
SB218,19,1310 19.42 (13) (p) The executive director of the Wisconsin Venture Capital
11Authority, the members of the authority's board of directors who are nominated by
12the executive director of the investment board, and the fund manager of the
13Wisconsin forward jobs fund hired under s. 239.41.
SB218,34 14Section 34. 20.195 of the statutes is created to read:
SB218,19,16 1520.195 Wisconsin Venture Capital Authority. There is appropriated to the
16Wisconsin Venture Capital Authority for the following programs:
SB218,19,19 17(1) Venture capital investment programs. (q) Wisconsin forward jobs fund.
18From the Wisconsin forward jobs fund, all moneys received under s. 16.5195 for the
19investments and grants under subch. II of ch. 239.
SB218,35 20Section 35. 25.14 (1) (a) (intro.) of the statutes is amended to read:
SB218,19,2521 25.14 (1) (a) (intro.) There is created a state investment fund under the
22jurisdiction and management of the board to be operated as an investment trust for
23the purpose of managing the securities of all funds that are required by law to be
24invested in the state investment fund, the Wisconsin forward jobs fund, and all of the
25state's funds specified in s. 25.17 (1), except all of the following:
SB218,36
1Section 36. 25.90 of the statutes is created to read:
SB218,20,6 225.90 Wisconsin forward jobs fund. There is established a separate
3nonlapsible trust fund designated as the Wisconsin forward jobs fund. The fund
4shall consist of all moneys transferred to the fund under s. 16.5195, together with all
5donations, gifts, or bequests made to the fund, all moneys transferred to the fund
6from other funds, and all income or interest earned by the fund.
SB218,37 7Section 37. 40.02 (54) (n) of the statutes is created to read:
SB218,20,88 40.02 (54) (n) The Wisconsin Venture Capital Authority.
SB218,38 9Section 38. 70.11 (38v) of the statutes is created to read:
SB218,20,1210 70.11 (38v) Wisconsin Venture Capital Authority. All property owned by the
11Wisconsin Venture Capital Authority, provided that use of the property is primarily
12related to the purposes of the Wisconsin Venture Capital Authority.
SB218,39 13Section 39. 71.07 (5d) (c) 1. of the statutes is repealed.
SB218,40 14Section 40. 73.03 (63) of the statutes is amended to read:
SB218,20,2315 73.03 (63) Notwithstanding the amount limitations specified under s. 71.07
16(5d) (c) 1. and
s. 238.15 (3) (d) or s. 560.205 (3) (d), 2009 stats., in consultation with
17the department of commerce or the Wisconsin Economic Development Corporation,
18to carry forward to subsequent taxable years unclaimed credit amounts of the early
19stage seed investment credits under ss. 71.07 (5b), 71.28 (5b), 71.47 (5b), and 76.638
20and the angel investment credit under s. 71.07 (5d). Annually, no later than July 1,
21the department of commerce or the Wisconsin Economic Development Corporation
22shall submit to the department of revenue its recommendations for the carry forward
23of credit amounts as provided under this subsection.
SB218,41 24Section 41. 77.54 (9a) (a) of the statutes is amended to read:
SB218,21,5
177.54 (9a) (a) This state or any agency thereof, the University of Wisconsin
2Hospitals and Clinics Authority, the Wisconsin Aerospace Authority, the Health
3Insurance Risk-Sharing Plan Authority, the Wisconsin Economic Development
4Corporation, the Wisconsin Venture Capital Authority, and the Fox River
5Navigational System Authority.
SB218,42 6Section 42. 100.45 (1) (dm) of the statutes is amended to read:
SB218,21,167 100.45 (1) (dm) "State agency" means any office, department, agency,
8institution of higher education, association, society, or other body in state
9government created or authorized to be created by the constitution or any law which
10is entitled to expend moneys appropriated by law, including the legislature and the
11courts, the Wisconsin Housing and Economic Development Authority, the Bradley
12Center Sports and Entertainment Corporation, the University of Wisconsin
13Hospitals and Clinics Authority, the Wisconsin Health and Educational Facilities
14Authority, the Wisconsin Aerospace Authority, the Wisconsin Economic
15Development Corporation, the Wisconsin Venture Capital Authority, and the Fox
16River Navigational System Authority.
SB218,43 17Section 43. 230.03 (3) of the statutes is amended to read:
SB218,22,218 230.03 (3) "Agency" means any board, commission, committee, council, or
19department in state government or a unit thereof created by the constitution or
20statutes if such board, commission, committee, council, department, unit, or the
21head thereof, is authorized to appoint subordinate staff by the constitution or
22statute, except a legislative or judicial board, commission, committee, council,
23department, or unit thereof or an authority created under subch. II of ch. 114 or
24subch. III of ch. 149 or under ch. 231, 232, 233, 234, 237, 238, 239, or 279. "Agency"
25does not mean any local unit of government or body within one or more local units

1of government that is created by law or by action of one or more local units of
2government.
SB218,44 3Section 44. 230.03 (3) of the statutes, as affected by 2011 Wisconsin Act 32 and
42013 Wisconsin Act .... (this act), is repealed and recreated to read:
SB218,22,145 230.03 (3) "Agency" means any board, commission, committee, council, or
6department in state government or a unit thereof created by the constitution or
7statutes if such board, commission, committee, council, department, unit, or the
8head thereof, is authorized to appoint subordinate staff by the constitution or
9statute, except the Board of Regents of the University of Wisconsin System, a
10legislative or judicial board, commission, committee, council, department, or unit
11thereof or an authority created under subch. II of ch. 114 or subch. III of ch. 149 or
12under ch. 231, 232, 233, 234, 237, 238, 239, or 279. "Agency" does not mean any local
13unit of government or body within one or more local units of government that is
14created by law or by action of one or more local units of government.
SB218,45 15Section 45. Chapter 239 of the statutes is created to read:
SB218,22,1816 Chapter 239
17 WISCONSIN VENTURE CAPITAL
18 AUTHORITY
SB218,22,2019 Subchapter I
20 General provisions
SB218,22,21 21239.01 Definitions. In this chapter:
SB218,22,22 22(1) "Authority" means the Wisconsin Venture Capital Authority.
SB218,22,23 23(2) "Board" means the board of directors of the authority.
SB218,23,3
1239.02 Creation and organization of authority. (1) There is created a
2public body corporate and politic to be known as the "Wisconsin Venture Capital
3Authority." The members of the board shall consist of the following:
SB218,23,84 (a) A chairperson, nominated by the governor, and with the advice and consent
5of the senate appointed, to serve at the pleasure of the governor. The chairperson
6shall have at least 10 years of experience in equity investing at the time of
7appointment. The chairperson may not be an officer, director, or other principal of
8an equity investment firm.
SB218,23,109 (b) The chief executive officer of the Wisconsin Economic Development
10Corporation or his or her designee.
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