560.68(7)(b)
(b) Simplify the application and review procedures for small businesses so that they will not impose unnecessary administrative burdens on small businesses.
560.68(7)(c)
(c) Assist small businesses in preparing applications for grants and loans.
560.68 History
History: 1987 a. 27;
1991 a. 39,
269.
560.685
560.685
Rules. The department may not promulgate a rule under this subchapter without first considering the recommendations of the board regarding the proposed rule.
560.685 History
History: 1987 a. 27.
DEVELOPMENT ZONE PROGRAM
560.70(1)
(1) "Business incubator" means a person who operates a facility designed to encourage the growth of new businesses, if at least 2 of the following apply:
560.70(1)(a)
(a) Space in the facility is rented at a rate lower than the market rate in the community.
560.70(1)(b)
(b) Shared business services are provided in the facility.
560.70(1)(c)
(c) Management and technical assistance are available at the facility.
560.70(1)(d)
(d) Businesses using the facility may obtain financial capital through a direct relationship with at least one financial institution.
560.70(2)
(2) "Development zone program" means the program administered under this subchapter.
560.70(4)
(4) "Local governing body" means the governing body of one or more cities, villages, towns or counties or the elected governing body of a federally recognized American Indian tribe or band in this state.
560.70(5)
(5) "Metropolitan statistical area" means a federal standard metropolitan statistical area but does not include areas located within Indian reservations.
560.70(7)
(7) "Tax benefits" means the development zones day care credit under
ss. 71.07 (2dd),
71.28 (1dd) and
71.47 (1dd), the development zones environmental remediation credit under
ss. 71.07 (2de),
71.28 (1de) and
71.47 (1de), the development zones investment credit under
ss. 71.07 (2di),
71.28 (1di) and
71.47 (1di), the development zones jobs credit under
ss. 71.07 (2dj),
71.28 (1dj) and
71.47 (1dj), the development zones location credit under
ss. 71.07 (2dL),
71.28 (1dL) and
71.47 (1dL), the development zones sales tax credit under
ss. 71.07 (2ds),
71.28 (1ds) and
71.47 (1ds), the development zones research credit under
s. 71.07 (2dr) and the additional 5% credit under
ss. 71.28 (4) and
71.47 (4).
560.71
560.71
Designation of development zone. 560.71(1)
(1) The department may designate an area as a development zone if all of the following apply:
560.71(1)(b)
(b) The department has evaluated the local governing body's application as described in
s. 560.725.
560.71(1)(c)
(c) The department approves the development zone plan submitted under
s. 560.73.
560.71(1)(e)
(e) The department determines all of the following:
560.71(1)(e)1.
1. That designation of the area as a development zone will serve a public purpose.
560.71(1)(e)2.
2. That designation of the area as a development zone will likely retain or increase employment in the area.
560.71(1)(e)3.
3. That economic development in the area is not likely to occur or continue without the department's designation of the area as a development zone.
560.71(1)(e)4.
4. That the area meets at least 3 of the following criteria:
560.71(1)(e)4.a.
a. The unemployment rate in the area is higher than the state average for the 18 months immediately preceding the date on which the application under
s. 560.72 (2) or
(3) was submitted to the department.
560.71(1)(e)4.b.
b. The percentage of persons residing in the area who are members of households with household income levels at or below 80% of the statewide median household income is higher than the state average.
560.71(1)(e)4.c.
c. The percentage of households in the area receiving unemployment compensation under
ch. 108, relief funded by a relief block grant under
ch. 49 or aid to families with dependent children under
s. 49.19 is higher than the state average.
560.71(1)(e)4.d.
d. In the 36 months immediately preceding the date on which the application under
s. 560.72 (2) or
(3) was submitted to the department, a number of workers in the area were permanently laid off by their employer or became unemployed as a result of a business action subject to
s. 109.07 (1m).
560.71(1)(e)4.e.
e. An employer in the vicinity of the area has given public notice under
s. 109.07 (1m) of either a business closing or a mass layoff of at least 25 employes, or 25% of the employes, of a business, whichever is greater, that will result in a number of workers in the area being laid off permanently.
560.71(1m)
(1m) In making a determination under
sub. (1) (e), the department shall consider all of the following:
560.71(1m)(a)
(a) The extent of poverty, unemployment or other factors contributing to general economic hardship in the area.
560.71(1m)(b)
(b) The prospects for new investment and economic development in the area.
560.71(1m)(c)
(c) The amount of investment that is likely to result from the designation of the area as a development zone.
560.71(1m)(d)
(d) The number of jobs that are likely to be created or retained in the area as a result of its designation as a development zone.
560.71(1m)(e)
(e) The number of jobs that are likely to be available to the target population as a result of the designation of the area as a development zone.
560.71(1m)(f)
(f) The competitive effect of designating the area as a development zone on other businesses in the vicinity of the area.
560.71(1m)(h)
(h) Any other factors that the department considers relevant.
560.71(2)
(2) In determining whether an area meets the requirements under
sub. (1) (e) or
s. 560.735, the department may rely on any data provided by the local governing body which the department determines is relevant.
560.71(3)
(3) The department shall do all of the following:
560.71(3)(a)
(a) Determine the number of development zones designated under
sub. (1) but may not designate more than 18 development zones over the life of the program.
560.71(3)(b)
(b) Divide the number of development zones as evenly as possible between metropolitan statistical areas and areas that are not metropolitan statistical areas.
560.71(3)(c)1.1. Designate at least one development zone that is entirely within a 1st class city.
560.71(3)(c)2.
2. Designate at least 2 development zones that are each at least partially within an Indian reservation.
560.71(3)(c)3.
3. Of the development zones that are designated after April 25, 1996, designate one that is in an urban area.
560.72
560.72
Application by local governing bodies. 560.72(1)
(1) A local governing body may nominate an area as a development zone, if the governing body does all of the following:
560.72(1)(a)
(a) Holds at least one public hearing on the issue of designating the area as a development zone.
560.72(1)(b)
(b) Adopts a resolution or ordinance authorizing it to nominate the area under this section and to develop a development zone plan under
s. 560.73 (1).
560.72(2)
(2) A local governing body may nominate the area as a development zone by submitting an application to the department in a form prescribed by the department. The application shall include all of the following:
560.72(2)(a)
(a) A copy of the ordinance or resolution authorizing the local governing body to nominate the area as a development zone.
560.72(2)(e)
(e) A description of the land use patterns in the area including:
560.72(2)(e)2.
2. Information about vacant buildings or land available for development.
560.72(2)(f)
(f) A description of past and present economic development activities in the area under local, state or federal programs.
560.72(2)(g)
(g) A description of the local governing body's goals for the economic development of the area.
560.72(2)(h)
(h) An assessment of the effect of making the area a development zone on jobs available to the targeted population.
560.72(2)(i)
(i) Any other information required by the department.
560.72(2)(j)
(j) Any other information the local governing body considers relevant.
560.72(3)
(3) Two or more local governing bodies may submit a joint application nominating an area as a development zone, subject to
s. 560.735 (2), if each local governing body complies with
subs. (1) and
(2).
560.72(5)
(5) The department may permit a local governing body to revise an application that the department determines is inadequate or incomplete.
560.72 History
History: 1987 a. 328;
1995 a. 209.
560.725
560.725
Evaluation by department. 560.725(2)
(2) Subject to
s. 560.735 (5), the department may reduce the size of an area nominated as a development zone, if the department determines the boundaries as proposed by the local governing body in an application under
s. 560.72 (2) or
(3) are inconsistent with the purpose of the development zone program. Any nominated area which is reduced under this subsection need not comply with
s. 560.735 (1) and
(4).
560.725(3)
(3) After evaluating an application submitted under
s. 560.72 (2) or
(3), the department may approve the application, subject to any reduction in the size of the nominated area under
sub. (2). If the department approves the application, the department shall notify the local governing body and request the local governing body to submit a development zone plan under
s. 560.73 (1) or
(2), whichever is applicable.
560.725 History
History: 1987 a. 328;
1995 a. 209.
560.73
560.73
Development zone plan. 560.73(1)
(1) Not more than 3 months after receiving notification from the department that an application has been approved under
s. 560.725 (3), a local governing body shall submit a development zone plan to the department. The development zone plan shall include all of the following information:
560.73(1)(a)
(a) Current public and private economic development activity in the area and a description of how the activity would be coordinated with the administration of the area as a development zone.
560.73(1)(b)
(b) How existing available economic development programs will be used in the area.
560.73(1)(c)
(c) How the local governing body plans to do all of the following:
560.73(1)(c)3.
3. Expedite regulatory proceedings and the procedures for issuing permits or licenses.