SB468,102,624 93.07 (20) (b) Annually, no later than October 1, to submit to the joint
25legislative audit committee and to the appropriate standing committees of the

1legislature under s. 13.172 (3) a comprehensive report assessing economic
2development programs, as defined in sub. (18) (a), administered by the department.
3The report shall include all of the information required under s. 238.07 555.07 (2).
4The department shall collaborate with the Wisconsin Economic Development
5Corporation
department of economic opportunity to make readily accessible to the
6public on an Internet-based system the information required under this subsection.
SB468,320 7Section 320. 93.33 (5) (intro.) of the statutes is amended to read:
SB468,102,208 93.33 (5) Annual report. (intro.) In September of each year, the council shall
9submit a report to the appropriate standing committees of the legislature as
10determined by the speaker of the assembly and the president of the senate, under s.
1113.172 (3), the governor, the secretary of agriculture, trade and consumer protection,
12the state superintendent of public instruction, the secretary of workforce
13development, the secretary of natural resources, the chief executive officer secretary
14of the Wisconsin Economic Development Corporation economic opportunity, the
15president of the University of Wisconsin System, the director of the technical college
16system, the chancellor of the University of Wisconsin-Extension, the chancellor of
17the University of Wisconsin-Madison, the chancellor of the University of
18Wisconsin-Platteville, the chancellor of the University of Wisconsin-River Falls,
19and the chancellor of the University of Wisconsin-Stevens Point. The council shall
20include all of the following in the report:
SB468,321 21Section 321. 93.42 (5) of the statutes is amended to read:
SB468,102,2422 93.42 (5) Cooperating with the Wisconsin Economic Development Corporation
23department of economic opportunity in promoting the state's products through the
24state's foreign trade offices.
SB468,322 25Section 322. 100.45 (1) (dm) of the statutes is amended to read:
SB468,103,9
1100.45 (1) (dm) "State agency" means any office, department, agency,
2institution of higher education, association, society, or other body in state
3government created or authorized to be created by the constitution or any law which
4is entitled to expend moneys appropriated by law, including the legislature and the
5courts, the Wisconsin Housing and Economic Development Authority, the Bradley
6Center Sports and Entertainment Corporation, the University of Wisconsin
7Hospitals and Clinics Authority, the Wisconsin Health and Educational Facilities
8Authority, the Wisconsin Aerospace Authority, the Wisconsin Economic
9Development Corporation,
and the Fox River Navigational System Authority.
SB468,323 10Section 323. 106.16 (3) of the statutes is amended to read:
SB468,103,1311 106.16 (3) A state agency or an authority under ch. 231 or 234 shall notify the
12Wisconsin Economic Development Corporation department of economic opportunity
13if it makes a loan or grant to a company.
SB468,324 14Section 324. 106.27 (2m) of the statutes is amended to read:
SB468,103,1715 106.27 (2m) Consultation. The department shall consult with the technical
16college system board and the Wisconsin Economic Development Corporation
17department of economic opportunity in implementing this section.
SB468,325 18Section 325. 114.31 (6) of the statutes is amended to read:
SB468,104,419 114.31 (6) Technical services to municipalities. The secretary may, insofar
20as is reasonably possible, offer the engineering or other technical service of the
21department, to any municipality desiring them in connection with the construction,
22maintenance or operation or proposed construction, maintenance or operation of an
23airport. The secretary may assess reasonable costs for services including services
24performed while acting as agent for a municipality. Such assessment shall include
25properly allocated administrative costs. Municipalities are authorized to cooperate

1with the secretary in the development of aeronautics and aeronautical facilities in
2this state. The Wisconsin Economic Development Corporation and all All agencies
3are authorized and directed to make available such facilities and services, and to
4cooperate as far as possible to promote the best interests of aeronautics of the state.
SB468,326 5Section 326. 196.49 (4) of the statutes is amended to read:
SB468,104,96 196.49 (4) The commission may not issue a certificate under sub. (1), (2), or (3)
7for the construction of electric generating equipment and associated facilities unless
8the commission determines that brownfields, as defined in s. 238.13 555.13 (1) (a) or
9s. 560.13 (1) (a), 2009 stats., are used to the extent practicable.
SB468,327 10Section 327. 196.491 (3) (a) 2m. b. of the statutes is amended to read:
SB468,104,1411 196.491 (3) (a) 2m. b. The applicant proposes alternative construction sites for
12the facility that are contiguous or proximate, provided that at least one of the
13proposed sites is a brownfield, as defined in s. 238.13 555.13 (1) (a), or the site of a
14former or existing large electric generating facility.
SB468,328 15Section 328. 196.491 (3) (d) 8. of the statutes is amended to read:
SB468,104,1716 196.491 (3) (d) 8. For a large electric generating facility, brownfields, as defined
17in s. 238.13 555.13 (1) (a), are used to the extent practicable.
SB468,329 18Section 329. 230.03 (3) of the statutes, as affected by 2013 Wisconsin Act 20,
19is amended to read:
SB468,105,420 230.03 (3) "Agency" means any board, commission, committee, council, or
21department in state government or a unit thereof created by the constitution or
22statutes if such board, commission, committee, council, department, unit, or the
23head thereof, is authorized to appoint subordinate staff by the constitution or
24statute, except the Board of Regents of the University of Wisconsin System, a
25legislative or judicial board, commission, committee, council, department, or unit

1thereof or an authority created under subch. II of ch. 114 or under ch. 231, 232, 233,
2234, 237, 238, or 279. "Agency" does not mean any local unit of government or body
3within one or more local units of government that is created by law or by action of
4one or more local units of government.
SB468,330 5Section 330. 230.81 (2) of the statutes is amended to read:
SB468,105,126 230.81 (2) Nothing in this section prohibits an employee from disclosing
7information to an appropriate law enforcement agency, a state or federal district
8attorney in whose jurisdiction the crime is alleged to have occurred, a state or federal
9grand jury or a judge in a proceeding commenced under s. 968.26, or disclosing
10information pursuant to any subpoena issued by any person authorized to issue
11subpoenas under s. 885.01. Any such disclosure of information, or a report under
12sub. (4),
is a lawful disclosure under this section and is protected under s. 230.83.
SB468,331 13Section 331. 230.81 (4) of the statutes is created to read:
SB468,105,1714 230.81 (4) Any employee of the department of economic opportunity who is
15aware that a fraud has been perpetrated against that department shall report or
16cause that fraud to be reported to the department of justice or the appropriate district
17attorney.
SB468,332 18Section 332. 234.02 (1) of the statutes is amended to read:
SB468,106,919 234.02 (1) There is created a public body corporate and politic to be known as
20the "Wisconsin Housing and Economic Development Authority." The members of the
21authority shall be the chief executive officer of the Wisconsin Economic Development
22Corporation
secretary of economic opportunity or his or her designee and the
23secretary of administration or his or her designee, and 6 public members nominated
24by the governor, and with the advice and consent of the senate appointed, for
25staggered 4-year terms commencing on the dates their predecessors' terms expire.

1In addition, one senator of each party and one representative to the assembly of each
2party appointed as are the members of standing committees in their respective
3houses shall serve as members of the authority. A member of the authority shall
4receive no compensation for services but shall be reimbursed for necessary expenses,
5including travel expenses, incurred in the discharge of duties. Subject to the bylaws
6of the authority respecting resignations, each member shall hold office until a
7successor has been appointed and has qualified. A certificate of appointment or
8reappointment of any member shall be filed with the authority and the certificate
9shall be conclusive evidence of the due and proper appointment.
SB468,333 10Section 333. 234.032 (2) (intro.) of the statutes is amended to read:
SB468,106,1311 234.032 (2) (intro.) The authority, in consultation with the Wisconsin Economic
12Development Corporation
department of economic opportunity, shall do all of the
13following for each economic development program administered by the authority:
SB468,334 14Section 334. 234.08 (5) of the statutes is amended to read:
SB468,106,1815 234.08 (5) This section does not supersede or impair the power of the Wisconsin
16Economic Development Corporation
department of economic opportunity to carry
17out its program responsibilities relating to economic development which are funded
18by bonds or notes issued under this section.
SB468,335 19Section 335. 234.08 (6) of the statutes is amended to read:
SB468,106,2320 234.08 (6) The authority may reimburse the Wisconsin Economic Development
21Corporation
department of economic opportunity its operating costs to carry out its
22program responsibilities relating to economic development which are funded by
23bonds or notes issued under this section.
SB468,336 24Section 336. 234.255 (1) of the statutes is amended to read:
SB468,107,3
1234.255 (1) The authority shall coordinate any economic development
2assistance with the Wisconsin Economic Development Corporation department of
3economic opportunity
.
SB468,337 4Section 337. 234.255 (2) of the statutes is amended to read:
SB468,107,125 234.255 (2) Annually, no later than October 1, the authority shall submit to the
6joint legislative audit committee and to the appropriate standing committees of the
7legislature under s. 13.172 (3) a comprehensive report assessing economic
8development programs, as defined in s. 234.032 (1), administered by the authority.
9The report shall include all of the information required under s. 238.07 555.07 (2).
10The authority shall collaborate with the Wisconsin Economic Development
11Corporation
department of economic opportunity to make readily accessible to the
12public on an Internet-based system the information required under this section.
SB468,338 13Section 338. 234.84 (1) of the statutes is amended to read:
SB468,107,1514 234.84 (1) Definition. In this section, "corporation" "department" means the
15Wisconsin Economic Development Corporation department of economic opportunity.
SB468,339 16Section 339. 234.84 (3) (c) of the statutes is amended to read:
SB468,107,1817 234.84 (3) (c) The interest rate on the loan, including any origination fees or
18other charges, is approved by the corporation department.
SB468,340 19Section 340. 234.84 (4) (a) of the statutes is amended to read:
SB468,108,220 234.84 (4) (a) Subject to par. (b), the authority shall guarantee collection of a
21percentage of the principal of, and all interest and any other amounts outstanding
22on, any loan eligible for a guarantee under sub. (2). The corporation department
23shall establish the percentage of the principal of an eligible loan that will be
24guaranteed, using the procedures described in the agreement under s. 234.932 (3)
25(a). The corporation department may establish a single percentage for all

1guaranteed loans or establish different percentages for eligible loans on an
2individual basis.
SB468,341 3Section 341. 234.84 (5) (a) of the statutes is amended to read:
SB468,108,114 234.84 (5) (a) The program under this section shall be administered by the
5corporation department with the cooperation of the authority. The corporation
6department shall enter into a memorandum of understanding with the authority
7setting forth the respective responsibilities of the corporation department and the
8authority with regard to the administration of the program, including the functions
9and responsibilities specified in s. 234.932. The memorandum of understanding
10shall provide for reimbursement to the corporation department by the authority for
11costs incurred by the corporation department in the administration of the program.
SB468,342 12Section 342. 234.84 (5) (b) of the statutes is amended to read:
SB468,108,1513 234.84 (5) (b) The corporation department may charge a premium, fee, or other
14charge to a borrower of a guaranteed loan under this section for the administration
15of the loan guarantee.
SB468,343 16Section 343. 234.932 (3) (c) of the statutes is amended to read:
SB468,108,2117 234.932 (3) (c) The Wisconsin Economic Development Corporation department
18of economic opportunity
may establish an eligibility criteria review panel, consisting
19of experts in finance and in the subject area of the job training loan guarantee
20program, to provide advice about lending requirements and issues related to the job
21training loan guarantee program.
SB468,344 22Section 344. Chapter 238 (title) of the statutes is repealed.
SB468,345 23Section 345. Subchapter I (title) of chapter 238 [precedes 238.01] of the
24statutes is renumbered Subchapter I (title) of chapter 555 [precedes 555.01].
SB468,346 25Section 346. 238.01 (intro.) of the statutes is renumbered 555.01 (intro.).
SB468,347
1Section 347. 238.01 (1) of the statutes is repealed.
SB468,348 2Section 348. 238.01 (2) of the statutes is repealed.
SB468,349 3Section 349. 238.01 (3) of the statutes is renumbered 555.01 (2).
SB468,350 4Section 350. 238.02 of the statutes, as affected by 2015 Wisconsin Act 55, is
5repealed.
SB468,351 6Section 351. 238.03 (title) and (1) to (3) of the statutes are renumbered 555.03
7(title) and (1) to (3), and 555.03 (title), (1), (2) (intro.) and (c) and (3) (intro.), (a) and
8(b) (intro.), as renumbered, are amended to read:
SB468,109,9 9555.03 (title) Duties of board the department.
SB468,109,17 10(1) The board department shall develop and implement economic programs to
11promote family-supporting jobs, to provide business support and expertise and
12financial assistance to companies that are investing and creating jobs in Wisconsin,
13and to support new business start-ups and business expansion and growth in
14Wisconsin. The board department may also develop and implement any other
15programs related to economic development in Wisconsin. The department shall
16emphasize programs that encourage entrepreneurship, new business start-ups, and
17woman-owned, disabled-veteran owned, and minority businesses.
SB468,109,19 18(2) (intro.) For each program developed and implemented by the board
19department, the board department shall do all of the following:
SB468,109,2420 (c) Require that each recipient of a grant or loan under the program submit a
21report to the corporation department. Each contract with a recipient of a grant or
22loan under the program must specify the frequency and format of the report to be
23submitted to the corporation department and the performance measures to be
24included in the report.
SB468,110,2
1(3) (intro.) The board department shall require for each program developed and
2implemented by the board department all of the following:
SB468,110,163 (a) That each recipient of a grant or loan under the program of at least $100,000
4submit to the corporation department, within 120 days after the end of the recipient's
5fiscal year in which any grant or loan funds were expended, a schedule of
6expenditures of the grant or loan funds, including expenditures of any matching cash
7or in-kind match, signed by the director or principal officer of the recipient to attest
8to the accuracy of the schedule of expenditures. The recipient shall engage an
9independent certified public accountant to perform procedures, approved by the
10corporation department and consistent with applicable professional standards of the
11American Institute of Certified Public Accountants, to determine whether the grant
12or loan funds and any matching cash or in-kind match were expended in accordance
13with the grant or loan contract. The board department shall also require the
14recipient of such a grant or loan to make available for inspection the documents
15supporting the schedule of expenditures. The board department shall include the
16requirements under this paragraph in the contract with grant or loan recipients.
SB468,110,2117 (b) (intro.) That the board department, if a recipient of a grant or loan under
18the program submits false or misleading information to the corporation department
19or fails to comply with the terms of a contract entered into with the corporation
20department, without providing satisfactory explanation for the noncompliance, do
21all of the following:
SB468,352 22Section 352. 238.03 (4) of the statutes, as created by 2015 Wisconsin Act 55,
23is repealed.
SB468,353 24Section 353. 238.04 of the statutes is repealed.
SB468,354 25Section 354. 238.045 of the statutes is repealed.
SB468,355
1Section 355. 238.046 of the statutes is repealed.
SB468,356 2Section 356. 238.05 of the statutes is repealed.
SB468,357 3Section 357. 238.06 of the statutes is repealed.
SB468,358 4Section 358. 238.07 (1) of the statutes is renumbered 555.07 (1) and amended
5to read:
SB468,111,96 555.07 (1) Annually, by January 1, the board department shall submit to the
7chief clerk of each house of the legislature, for distribution to the legislature under
8s. 13.172 (2), a report identifying the economic development projects that the board
9department intends to develop and implement during the current calendar year.
SB468,359 10Section 359. 238.07 (2) of the statutes is renumbered 555.07 (2), and 555.07
11(2) (intro.), (ag) and (ar), as renumbered, are amended to read:
SB468,111,1612 555.07 (2) (intro.) Annually, no later than October l, the board department shall
13submit to the joint legislative audit committee and the chief clerk of each house of
14the legislature, for distribution to the legislature under s. 13.172 (2), a report for the
15previous fiscal year on each of the economic development programs of the corporation
16department that contains all of the following:
SB468,111,2017 (ag) An accounting of the location, by municipality, of each job created or
18retained in the state in the previous fiscal year as a result of the program. The
19department may not rely on aggregate jobs impact numbers for its report under this
20paragraph.
SB468,111,2321 (ar) An accounting of the industry classification, by municipality, of each job
22created or retained in the state as a result of the program. The department may not
23rely on aggregate jobs impact numbers for its report under this paragraph.
SB468,360 24Section 360. 238.07 (3) of the statutes is renumbered 555.07 (3) and amended
25to read:
SB468,112,7
1555.07 (3) The board department shall make readily accessible to the public
2on an Internet-based system Internet site the information required under sub. (2).
3The department's Internet site shall also contain the department's job creation and
4retention goals; all amendments to contracts executed under an economic
5development program of the department; and all agendas, meeting minutes, and
6materials discussed for meetings of the economic development policy board and the
7board of directors of the Badger Innovation Corporation.
SB468,361 8Section 361. 238.07 (4) of the statutes is repealed.
SB468,362 9Section 362. 238.08 of the statutes is repealed.
SB468,363 10Section 363. 238.09 of the statutes is repealed.
SB468,364 11Section 364. 238.10 of the statutes is renumbered 555.10 and amended to
12read:
SB468,112,1913 555.10 (1) Allocation. The corporation department shall establish under 26
14USC 146
and administer a system for the allocation of the volume cap on the issuance
15of private activity bonds, as defined under 26 USC 141 (a), among all municipalities,
16as defined in s. 67.01 (5), and any corporation formed on behalf of those
17municipalities, and among this state, the Wisconsin Health and Educational
18Facilities Authority, the Wisconsin Aerospace Authority, and the Wisconsin Housing
19and Economic Development Authority.
SB468,112,25 20(2) Amendment to allocation. At any time prior to December 31 in any year,
21the corporation department may adopt rules to revise the allocation system
22established for that year under sub. (1), except that any revision under this
23subsection does not apply to any allocation under which the recipient of that
24allocation has adopted a resolution authorizing the issuance of a private activity
25bond, as defined in 26 USC 141 (a).
SB468,113,5
1(3) Conditions. The corporation department may establish any procedure for,
2and place any condition upon, the granting of an allocation under this section which
3the corporation department deems to be in the best interest of the state including a
4requirement that a cash deposit, at a rate established by the corporation department,
5be a condition for an allocation.
SB468,113,8 6(4) Certification. If the corporation department receives notice of the issuance
7of a bond under an allocation under subs. (1) to (3), the corporation department shall
8certify that that bond meets the requirements of 26 USC 146.
SB468,365 9Section 365. 238.11 of the statutes is renumbered 555.11 and amended to
10read:
SB468,113,1711 555.11 (1) The corporation department shall prescribe the notice forms to be
12used under s. 66.1103 (4m) (a) 1. The corporation department shall include on the
13forms a requirement for information on the number of jobs the person submitting the
14notice expects to be eliminated, created, or maintained on the project site and
15elsewhere in this state by the project which is the subject of the notice. The
16corporation department shall prescribe the forms to be used under s. 66.1103 (4m)
17(b).
SB468,113,23 18(2) If the corporation department receives a notice under s. 66.1103 (4m) (a),
19the corporation department shall estimate, no later than 20 days after receipt of the
20notice, whether the project that is the subject of the notice is expected to eliminate,
21create, or maintain jobs on the project site and elsewhere in this state and the net
22number of jobs expected to be eliminated, created, or maintained as a result of the
23project.
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