SB468: Bill Text

SB468,99,2 76.637 (4) Administration. If an insurer's certification is revoked under s. 555.305 or s. 238.305, 2013 stats., or s. 560.705, 2009 stats., or if an insurer becomes ineligible for tax benefits under s. 555.302 or s. 238.302, 2013 stats., or s. 560.702, 2009 stats., the insurer may not claim credits under this section for the taxable year that includes the day on which the certification is revoked; the taxable year that includes the day on which the insurer becomes ineligible for tax benefits; or succeeding taxable years and the insurer may not carry over unused credits from previous years to offset the fees imposed under ss. 76.60, 76.63, 76.65, 76.66, or 76.67 for the taxable year that includes the day on which certification is revoked; the taxable year that includes the day on which the insurer becomes ineligible for tax benefits; or succeeding taxable years.

SB468,309 Section 309. 76.638 (1) of the statutes is amended to read:

SB468,99,6 76.638 (1) Definitions. In this section, "fund manager" means an investment fund manager certified under s. 555.15 (2) or s. 238.15 (2), 2013 stats., or s. 560.205 (2), 2009 stats.

SB468,310 Section 310. 76.638 (2) of the statutes is amended to read:

SB468,99,13 76.638 (2) Filing claims. For taxable years beginning after December 31, 2008, subject to the limitations provided under this subsection and s. 555.15 or s. 238.15, 2013 stats., or s. 560.205, 2009 stats., an insurer may claim as a credit against the fees imposed under s. 76.60, 76.63, 76.65, 76.66, or 76.67, 25 percent of the insurer's investment paid to a fund manager that the fund manager invests in a business certified under s. 555.15 or s. 238.15, 2013 stats., or s. 560.205 (1), 2009 stats.

SB468,311 Section 311. 77.54 (9a) (a) of the statutes is amended to read:

SB468,99,18 77.54 (9a) (a) This state or any agency thereof, the University of Wisconsin Hospitals and Clinics Authority, the Wisconsin Aerospace Authority, the Wisconsin Economic Development Corporation, and the Fox River Navigational System Authority.

SB468,312 Section 312. 79.04 (7) (a) of the statutes is amended to read:

SB468,99,25 79.04 (7) (a) Beginning with payments in 2005, if a production plant, as described in sub. (6) (a), other than a nuclear-powered production plant, is built on the site of, or on a site adjacent to, an existing or decommissioned production plant; or is built on a site purchased by a public utility before January 1, 1980, that was identified in an advance plan as a proposed site for a production plant; or is built on, or on a site adjacent to, brownfields, as defined in s. 238.13 555.13 (1) (a) or s. 560.13 (1) (a), 2009 stats., after December 31, 2003, and has a name-plate capacity of at least one megawatt, each municipality and county in which such a production plant is located shall receive annually from the public utility account a payment in an amount that is equal to the number of megawatts that represents the production plant's name-plate capacity, multiplied by $600.

SB468,313 Section 313. 84.01 (6m) (b) (intro.) of the statutes is amended to read:

SB468,100,10 84.01 (6m) (b) (intro.) The department, in consultation with the Wisconsin Economic Development Corporation department of economic opportunity, shall do all of the following for each economic development program administered by the department:

SB468,314 Section 314. 84.01 (11m) (a) of the statutes is amended to read:

SB468,100,14 84.01 (11m) (a) The department shall coordinate any economic development assistance with the Wisconsin Economic Development Corporation department of economic opportunity.

SB468,315 Section 315. 84.01 (11m) (b) of the statutes is amended to read:

SB468,100,23 84.01 (11m) (b) Annually, no later than October 1, the department shall submit to the joint legislative audit committee and to the appropriate standing committees of the legislature under s. 13.172 (3) a comprehensive report assessing economic development programs, as defined in sub. (6m) (a), administered by the department. The report shall include all of the information required under s. 238.07 555.07 (2). The department shall collaborate with the Wisconsin Economic Development Corporation department of economic opportunity to make readily accessible to the public on an Internet-based system the information required under this subsection.

SB468,316 Section 316. 93.07 (3) of the statutes is amended to read:

SB468,101,13 93.07 (3) Promotion of agriculture. To promote the interests of agriculture, dairying, horticulture, manufacturing, commercial fishing and the domestic arts and to advertise Wisconsin and its dairy, food, and agricultural products by conducting campaigns of education throughout the United States and in foreign markets. Such campaigns shall include the distribution of educational and advertising material concerning Wisconsin and its plant, animal, food, and dairy products. The department shall coordinate efforts by the state to advertise and promote agricultural products of this state, with the Wisconsin Economic Development Corporation department of economic opportunity where appropriate. The department shall submit its request and plan for market development program expenditures for each biennium with its biennial budget request. The plan shall include the identification and priority of expenditures for each market development program activity.

SB468,317 Section 317. 93.07 (18) (b) (intro.) of the statutes is amended to read:

SB468,101,18 93.07 (18) (b) (intro.) In consultation with the Wisconsin Economic Development Corporation department of economic opportunity, to do all of the following for each economic development program administered by the department of agriculture, trade and consumer protection:

SB468,318 Section 318. 93.07 (20) (a) of the statutes is amended to read:

SB468,101,22 93.07 (20) (a) The department shall coordinate any economic development assistance with the Wisconsin Economic Development Corporation department of economic opportunity.

SB468,319 Section 319. 93.07 (20) (b) of the statutes is amended to read:

SB468,102,6 93.07 (20) (b) Annually, no later than October 1, to submit to the joint legislative audit committee and to the appropriate standing committees of the legislature under s. 13.172 (3) a comprehensive report assessing economic development programs, as defined in sub. (18) (a), administered by the department. The report shall include all of the information required under s. 238.07 555.07 (2). The department shall collaborate with the Wisconsin Economic Development Corporation department of economic opportunity to make readily accessible to the public on an Internet-based system the information required under this subsection.

SB468,320 Section 320. 93.33 (5) (intro.) of the statutes is amended to read:

SB468,102,20 93.33 (5) Annual report. (intro.) In September of each year, the council shall submit a report to the appropriate standing committees of the legislature as determined by the speaker of the assembly and the president of the senate, under s. 13.172 (3), the governor, the secretary of agriculture, trade and consumer protection, the state superintendent of public instruction, the secretary of workforce development, the secretary of natural resources, the chief executive officer secretary of the Wisconsin Economic Development Corporation economic opportunity, the president of the University of Wisconsin System, the director of the technical college system, the chancellor of the University of Wisconsin-Extension, the chancellor of the University of Wisconsin-Madison, the chancellor of the University of Wisconsin-Platteville, the chancellor of the University of Wisconsin-River Falls, and the chancellor of the University of Wisconsin-Stevens Point. The council shall include all of the following in the report:

SB468,321 Section 321. 93.42 (5) of the statutes is amended to read:

SB468,102,24 93.42 (5) Cooperating with the Wisconsin Economic Development Corporation department of economic opportunity in promoting the state's products through the state's foreign trade offices.

SB468,322 Section 322. 100.45 (1) (dm) of the statutes is amended to read:

SB468,103,9 100.45 (1) (dm) "State agency" means any office, department, agency, institution of higher education, association, society, or other body in state government created or authorized to be created by the constitution or any law which is entitled to expend moneys appropriated by law, including the legislature and the courts, the Wisconsin Housing and Economic Development Authority, the Bradley Center Sports and Entertainment Corporation, the University of Wisconsin Hospitals and Clinics Authority, the Wisconsin Health and Educational Facilities Authority, the Wisconsin Aerospace Authority, the Wisconsin Economic Development Corporation, and the Fox River Navigational System Authority.

SB468,323 Section 323. 106.16 (3) of the statutes is amended to read:

SB468,103,13 106.16 (3) A state agency or an authority under ch. 231 or 234 shall notify the Wisconsin Economic Development Corporation department of economic opportunity if it makes a loan or grant to a company.

SB468,324 Section 324. 106.27 (2m) of the statutes is amended to read:

SB468,103,17 106.27 (2m) Consultation. The department shall consult with the technical college system board and the Wisconsin Economic Development Corporation department of economic opportunity in implementing this section.

SB468,325 Section 325. 114.31 (6) of the statutes is amended to read:

SB468,104,4 114.31 (6) Technical services to municipalities. The secretary may, insofar as is reasonably possible, offer the engineering or other technical service of the department, to any municipality desiring them in connection with the construction, maintenance or operation or proposed construction, maintenance or operation of an airport. The secretary may assess reasonable costs for services including services performed while acting as agent for a municipality. Such assessment shall include properly allocated administrative costs. Municipalities are authorized to cooperate with the secretary in the development of aeronautics and aeronautical facilities in this state. The Wisconsin Economic Development Corporation and all All agencies are authorized and directed to make available such facilities and services, and to cooperate as far as possible to promote the best interests of aeronautics of the state.

SB468,326 Section 326. 196.49 (4) of the statutes is amended to read:

SB468,104,9 196.49 (4) The commission may not issue a certificate under sub. (1), (2), or (3) for the construction of electric generating equipment and associated facilities unless the commission determines that brownfields, as defined in s. 238.13 555.13 (1) (a) or s. 560.13 (1) (a), 2009 stats., are used to the extent practicable.

SB468,327 Section 327. 196.491 (3) (a) 2m. b. of the statutes is amended to read:

SB468,104,14 196.491 (3) (a) 2m. b. The applicant proposes alternative construction sites for the facility that are contiguous or proximate, provided that at least one of the proposed sites is a brownfield, as defined in s. 238.13 555.13 (1) (a), or the site of a former or existing large electric generating facility.

SB468,328 Section 328. 196.491 (3) (d) 8. of the statutes is amended to read:

SB468,104,17 196.491 (3) (d) 8. For a large electric generating facility, brownfields, as defined in s. 238.13 555.13 (1) (a), are used to the extent practicable.

SB468,329 Section 329. 230.03 (3) of the statutes, as affected by 2013 Wisconsin Act 20, is amended to read:

SB468,105,4 230.03 (3) "Agency" means any board, commission, committee, council, or department in state government or a unit thereof created by the constitution or statutes if such board, commission, committee, council, department, unit, or the head thereof, is authorized to appoint subordinate staff by the constitution or statute, except the Board of Regents of the University of Wisconsin System, a legislative or judicial board, commission, committee, council, department, or unit thereof or an authority created under subch. II of ch. 114 or under ch. 231, 232, 233, 234, 237, 238, or 279. "Agency" does not mean any local unit of government or body within one or more local units of government that is created by law or by action of one or more local units of government.

SB468,330 Section 330. 230.81 (2) of the statutes is amended to read:

SB468,105,12 230.81 (2) Nothing in this section prohibits an employee from disclosing information to an appropriate law enforcement agency, a state or federal district attorney in whose jurisdiction the crime is alleged to have occurred, a state or federal grand jury or a judge in a proceeding commenced under s. 968.26, or disclosing information pursuant to any subpoena issued by any person authorized to issue subpoenas under s. 885.01. Any such disclosure of information, or a report under sub. (4), is a lawful disclosure under this section and is protected under s. 230.83.

SB468,331 Section 331. 230.81 (4) of the statutes is created to read:

SB468,105,17 230.81 (4) Any employee of the department of economic opportunity who is aware that a fraud has been perpetrated against that department shall report or cause that fraud to be reported to the department of justice or the appropriate district attorney.

SB468,332 Section 332. 234.02 (1) of the statutes is amended to read:

SB468,106,9 234.02 (1) There is created a public body corporate and politic to be known as the "Wisconsin Housing and Economic Development Authority." The members of the authority shall be the chief executive officer of the Wisconsin Economic Development Corporation secretary of economic opportunity or his or her designee and the secretary of administration or his or her designee, and 6 public members nominated by the governor, and with the advice and consent of the senate appointed, for staggered 4-year terms commencing on the dates their predecessors' terms expire. In addition, one senator of each party and one representative to the assembly of each party appointed as are the members of standing committees in their respective houses shall serve as members of the authority. A member of the authority shall receive no compensation for services but shall be reimbursed for necessary expenses, including travel expenses, incurred in the discharge of duties. Subject to the bylaws of the authority respecting resignations, each member shall hold office until a successor has been appointed and has qualified. A certificate of appointment or reappointment of any member shall be filed with the authority and the certificate shall be conclusive evidence of the due and proper appointment.

SB468,333 Section 333. 234.032 (2) (intro.) of the statutes is amended to read:

SB468,106,13 234.032 (2) (intro.) The authority, in consultation with the Wisconsin Economic Development Corporation department of economic opportunity, shall do all of the following for each economic development program administered by the authority:

SB468,334 Section 334. 234.08 (5) of the statutes is amended to read:

SB468,106,18 234.08 (5) This section does not supersede or impair the power of the Wisconsin Economic Development Corporation department of economic opportunity to carry out its program responsibilities relating to economic development which are funded by bonds or notes issued under this section.

SB468,335 Section 335. 234.08 (6) of the statutes is amended to read:

SB468,106,23 234.08 (6) The authority may reimburse the Wisconsin Economic Development Corporation department of economic opportunity its operating costs to carry out its program responsibilities relating to economic development which are funded by bonds or notes issued under this section.

SB468,336 Section 336. 234.255 (1) of the statutes is amended to read:

SB468,107,3 234.255 (1) The authority shall coordinate any economic development assistance with the Wisconsin Economic Development Corporation department of economic opportunity.

SB468,337 Section 337. 234.255 (2) of the statutes is amended to read:

SB468,107,12 234.255 (2) Annually, no later than October 1, the authority shall submit to the joint legislative audit committee and to the appropriate standing committees of the legislature under s. 13.172 (3) a comprehensive report assessing economic development programs, as defined in s. 234.032 (1), administered by the authority. The report shall include all of the information required under s. 238.07 555.07 (2). The authority shall collaborate with the Wisconsin Economic Development Corporation department of economic opportunity to make readily accessible to the public on an Internet-based system the information required under this section.

SB468,338 Section 338. 234.84 (1) of the statutes is amended to read:

SB468,107,15 234.84 (1) Definition. In this section, "corporation" "department" means the Wisconsin Economic Development Corporation department of economic opportunity.

SB468,339 Section 339. 234.84 (3) (c) of the statutes is amended to read:

SB468,107,18 234.84 (3) (c) The interest rate on the loan, including any origination fees or other charges, is approved by the corporation department.

SB468,340 Section 340. 234.84 (4) (a) of the statutes is amended to read:

SB468,108,2 234.84 (4) (a) Subject to par. (b), the authority shall guarantee collection of a percentage of the principal of, and all interest and any other amounts outstanding on, any loan eligible for a guarantee under sub. (2). The corporation department shall establish the percentage of the principal of an eligible loan that will be guaranteed, using the procedures described in the agreement under s. 234.932 (3) (a). The corporation department may establish a single percentage for all guaranteed loans or establish different percentages for eligible loans on an individual basis.

SB468,341 Section 341. 234.84 (5) (a) of the statutes is amended to read:

SB468,108,11 234.84 (5) (a) The program under this section shall be administered by the corporation department with the cooperation of the authority. The corporation department shall enter into a memorandum of understanding with the authority setting forth the respective responsibilities of the corporation department and the authority with regard to the administration of the program, including the functions and responsibilities specified in s. 234.932. The memorandum of understanding shall provide for reimbursement to the corporation department by the authority for costs incurred by the corporation department in the administration of the program.

SB468,342 Section 342. 234.84 (5) (b) of the statutes is amended to read:

SB468,108,15 234.84 (5) (b) The corporation department may charge a premium, fee, or other charge to a borrower of a guaranteed loan under this section for the administration of the loan guarantee.

SB468,343 Section 343. 234.932 (3) (c) of the statutes is amended to read:

SB468,108,21 234.932 (3) (c) The Wisconsin Economic Development Corporation department of economic opportunity may establish an eligibility criteria review panel, consisting of experts in finance and in the subject area of the job training loan guarantee program, to provide advice about lending requirements and issues related to the job training loan guarantee program.

SB468,344 Section 344. Chapter 238 (title) of the statutes is repealed.

SB468,345 Section 345. Subchapter I (title) of chapter 238 [precedes 238.01] of the statutes is renumbered Subchapter I (title) of chapter 555 [precedes 555.01].

SB468,346 Section 346. 238.01 (intro.) of the statutes is renumbered 555.01 (intro.).

SB468,347 Section 347. 238.01 (1) of the statutes is repealed.

SB468,348 Section 348. 238.01 (2) of the statutes is repealed.

SB468,349 Section 349. 238.01 (3) of the statutes is renumbered 555.01 (2).

SB468,350 Section 350. 238.02 of the statutes, as affected by 2015 Wisconsin Act 55, is repealed.

SB468,351 Section 351. 238.03 (title) and (1) to (3) of the statutes are renumbered 555.03 (title) and (1) to (3), and 555.03 (title), (1), (2) (intro.) and (c) and (3) (intro.), (a) and (b) (intro.), as renumbered, are amended to read:

SB468,109,9 555.03 (title) Duties of board the department.

SB468,109,17 (1) The board department shall develop and implement economic programs to promote family-supporting jobs, to provide business support and expertise and financial assistance to companies that are investing and creating jobs in Wisconsin, and to support new business start-ups and business expansion and growth in Wisconsin. The board department may also develop and implement any other programs related to economic development in Wisconsin. The department shall emphasize programs that encourage entrepreneurship, new business start-ups, and woman-owned, disabled-veteran owned, and minority businesses.

SB468,109,19 (2) (intro.) For each program developed and implemented by the board department, the board department shall do all of the following:

SB468,109,24 (c) Require that each recipient of a grant or loan under the program submit a report to the corporation department. Each contract with a recipient of a grant or loan under the program must specify the frequency and format of the report to be submitted to the corporation department and the performance measures to be included in the report.

SB468,110,2 (3) (intro.) The board department shall require for each program developed and implemented by the board department all of the following:

SB468,110,16 (a) That each recipient of a grant or loan under the program of at least $100,000 submit to the corporation department, within 120 days after the end of the recipient's fiscal year in which any grant or loan funds were expended, a schedule of expenditures of the grant or loan funds, including expenditures of any matching cash or in-kind match, signed by the director or principal officer of the recipient to attest to the accuracy of the schedule of expenditures. The recipient shall engage an independent certified public accountant to perform procedures, approved by the corporation department and consistent with applicable professional standards of the American Institute of Certified Public Accountants, to determine whether the grant or loan funds and any matching cash or in-kind match were expended in accordance with the grant or loan contract. The board department shall also require the recipient of such a grant or loan to make available for inspection the documents supporting the schedule of expenditures. The board department shall include the requirements under this paragraph in the contract with grant or loan recipients.

SB468,110,21 (b) (intro.) That the board department, if a recipient of a grant or loan under the program submits false or misleading information to the corporation department or fails to comply with the terms of a contract entered into with the corporation department, without providing satisfactory explanation for the noncompliance, do all of the following:

SB468,352 Section 352. 238.03 (4) of the statutes, as created by 2015 Wisconsin Act 55, is repealed.

SB468,353 Section 353. 238.04 of the statutes is repealed.

SB468,354 Section 354. 238.045 of the statutes is repealed.