560.725(1) (1) The department shall evaluate applications received under s. 560.72 (2) and (3) and development zone plans received under s. 560.73 (1) and (2).
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)1. 1. Improve services in the area.
560.73(1)(c)2. 2. Eliminate obstacles to economic development.
560.73(1)(c)3. 3. Expedite regulatory proceedings and the procedures for issuing permits or licenses.
560.73(1)(c)4. 4. Provide technical assistance to businesses.
560.73(1)(c)5. 5. Improve the level of cooperation between the private sector and local or tribal government.
560.73(1)(d) (d) Current land use patterns and the effect of anticipated economic development on land use patterns in the area.
560.73(1)(e) (e) The effect of making the area a development zone on jobs available to the targeted population.
560.73(1)(f) (f) Any changes in ordinances, or expenditures of the city, village, town, county or American Indian tribe or band to facilitate economic development.
560.73(1)(g) (g) How the local governing body intends to assess the effectiveness of its development zone plan submitted under this subsection or sub. (2).
560.73(1)(h) (h) A description of how the local governing body shall attempt not to recruit businesses which engage in economic activity that violates s. 560.78 (1).
560.73(1)(i)1.1. Whether a grant diversion project has been established in the county in which the area is located and, if a grant diversion project has not been established, how the local governing body intends to work with the county and the department of industry, labor and job development to establish a grant diversion project.
560.73(1)(i)2. 2. How the local governing body will work with the county and department of industry, labor and job development to promote and encourage participation in the grant diversion project by employers in the development zone.
560.73(2) (2) If 2 or more local governing bodies submit a joint application under s. 560.72 (3), the local governing bodies shall submit a joint development zone plan under this section.
560.73(3) (3) After review under s. 560.725 (1), the department may approve a development zone plan. If the department approves a development zone plan, the department shall designate the area nominated by the local governing body as a development zone, subject to s. 560.71, and notify the local governing body.
560.73 History History: 1987 a. 328; 1995 a. 27 ss. 6934, 6935 and 9130 (4); 1995 a. 209.
560.735 560.735 Boundaries and size of development zones.
560.735(1)(1) An area that is located within a metropolitan statistical area may not be nominated or designated as a development zone unless all of the following apply:
560.735(1)(a) (a) The area contains less than 10% of the valuation of the property of the city, village or town, as determined under s. 70.57, in which the area is located.
560.735(1)(b) (b) If the area is located within a 1st class city, the population of the area as estimated under s. 16.96 is not less than 4,000 and not more than 10% of the city's population, as estimated under s. 16.96.
560.735(1)(c) (c) If the area is located within a village, town or city other than a 1st class city, the population of the area is not less than 1,000 nor more than 10,000, as estimated under s. 16.96.
560.735(2) (2) If an area is located within the boundaries of 2 or more cities, villages or towns, the property value of the cities, villages or towns under sub. (1) (a) shall be combined for the purposes of sub. (1).
560.735(4) (4) An area that is located within the boundaries of an Indian reservation may not be nominated or designated as a development zone unless the population of the area, as estimated under s. 16.96, is less than or equals 5,000.
560.735(5) (5) Except as provided in sub. (6), an area may not be nominated or designated a development zone unless all of the following apply:
560.735(5)(a) (a) The area has a continuous border following natural or man-made boundaries such as streets, highways, rivers, municipal limits or limits of a reservation.
560.735(5)(b) (b) The area consists of contiguous blocks, census blocks or similar units.
560.735(6) (6)
560.735(6)(a)(a) Except as provided in pars. (b) and (c), 2 separate areas may be nominated or designated as one development zone, if all of the following apply:
560.735(6)(a)1. 1. Each of the areas has a continuous border following natural or man-made boundaries and consists of contiguous blocks, census blocks or similar units.
560.735(6)(a)2. 2. Each area meets at least 3 of the criteria listed in s. 560.71 (1) (e) 4.
560.735(6)(a)3. 3. Considered together, the areas meet the requirements of sub. (1).
560.735(6)(b) (b) Except as provided in par. (c), in a 1st class city, up to 8 separate areas may be nominated or designated as one development zone, if par. (a) 1. to 3. applies.
560.735(6)(c) (c) If an application is submitted by the governing body of a county under s. 560.72 (2) or (3), up to 4 separate areas may be nominated or designated as one development zone, if par. (a) 1. to 3. applies.
560.735(6m) (6m) An area that is comprised of entire counties may be nominated or designated as one development zone only if the population of the entire area does not exceed 75,000.
560.735(7) (7) The department may waive the requirements of this section in a particular case, if the department determines that application of the requirement is impractical with respect to a particular development zone.
560.735 History History: 1987 a. 328; 1989 a. 56; 1995 a. 209.
560.737 560.737 Business incubators. Notwithstanding s. 560.735 (5) and (6), the department may designate the premises of a business incubator located near a development zone as part of the development zone, if all of the following apply:
560.737(1) (1) At least 50% of the small businesses housed in the small business incubator have received or participated in any of the following:
560.737(1)(a) (a) Federal targeted jobs tax credits under section 51 of the internal revenue code.
560.737(1)(b) (b) A job training partnership program under 29 USC 1502.
560.737(1)(c) (c) Any other program, similar to the program described in sub. (2), established to increase the employment opportunities of disadvantaged individuals.
560.737(2) (2) The business incubator has housed businesses described in sub. (1) for at least 6 months before the designation of the development zone under s. 560.71.
560.737(3) (3) The business incubator's facility is located within 5 miles of the boundary of the development zone or proposed development zone.
560.737 History History: 1989 a. 31.
560.74 560.74 Change in boundary and size of development zones.
560.74(1)(1) At any time after a development zone is designated by the department, a local governing body may submit an application to change the boundaries of the development zone. The local governing body shall submit a revised development zone plan, described in s. 560.73 (1), with its application for a boundary change. If the boundary change reduces the size of a development zone, the local governing body shall explain why the area excluded should no longer be in a development zone. The department may require the local governing body to submit additional information.
560.74(2) (2) The department may approve an application for a boundary change if the development zone, as affected by the boundary changes, meets the applicable requirements of s. 560.735 and 3 of the criteria under s. 560.71 (1) (e) 4.
560.74(3) (3) If the department approves an application for a boundary change under sub. (2), it shall do all of the following:
560.74(3)(a) (a) Redetermine the limit on the tax benefits for the development zone established under s. 560.745 (2) (a).
560.74(3)(b) (b) Notify the local governing body which submitted the application of the change in the boundary or tax benefits limit of the development zone.
560.74(4) (4) The change in the boundaries or tax benefits limit of a development zone shall be effective on the day the department notifies the local governing body under sub. (3) (b).
560.74(5) (5) No change in the boundaries of a development zone may affect the duration of an area as a development zone under s. 560.745 (1) (a). The department may consider a change in the boundary of a development zone when evaluating an application for an extension of the designation of an area as a development zone under s. 560.745 (1) (b).
560.74 History History: 1987 a. 328; 1995 a. 209.
560.745 560.745 Duration, renewal and expiration.
560.745(1) (1)
560.745(1)(a)(a) The designation of an area as a development zone shall be effective for 84 months, beginning on the day the department notifies the local governing body under s. 560.73 (3) of the designation.
560.745(1)(b) (b) The local governing body may apply to the department for up to 3 12-month extensions of the designation. The department shall promulgate rules establishing criteria for approving an extension of a designation of an area as a development zone under this subsection.
560.745(2) (2)
560.745(2)(a)(a) When the department designates a development zone under s. 560.71, it shall establish a limit for tax benefits for the development zone determined by allocating to the development zone a portion of $28,155,000.
560.745(2)(am) (am) Notwithstanding par. (a), the department may increase the established limit for tax benefits for a development zone that was designated before April 25, 1996, by no more than $500,000.
560.745(2)(b) (b) Annually the department shall estimate the amount of foregone state revenue because of tax benefits claimed by persons in each development zone.
560.745(2)(c) (c) Notwithstanding sub. (1), the designation of an area as a development zone shall expire on the earlier of the following:
560.745(2)(c)1. 1. Ninety days after the day on which the department determines that the foregone tax revenues under par. (b) will equal or exceed the limit for the development zone established under par. (a).
560.745(2)(c)2. 2. The day that the department withdraws its designation of an area as a development zone under sub. (3).
560.745(2)(d) (d) The department shall immediately notify the local governing body of a change in the expiration date of the development zone under par. (c).
560.745(3) (3) The department may withdraw the designation of an area as a development zone if any of the following apply:
560.745(3)(a) (a) No person is certified as eligible to receive tax benefits under s. 560.765 (3) during the 12-month period beginning on the day the area is designated as a development zone and the department determines that the local governing body that nominated the zone is not following the development zone plan submitted under s. 560.73.
560.745(3)(b) (b) No person is certified as eligible to receive tax benefits under s. 560.765 (3) during the 24-month period beginning on the day the area is designated a development zone.
560.745 History History: 1987 a. 328; 1989 a. 31, 336; 1993 a. 16; 1995 a. 209.
560.75 560.75 Additional duties of the department. The department shall do all of the following:
560.75(1) (1) Monitor and evaluate the implementation of the development zone program.
560.75(2) (2) Apply to the federal government for assistance for the development zone program.
560.75(4) (4) Help eligible persons apply for and obtain tax benefits.
560.75(5) (5) Help local governing bodies prepare applications for development zones and development zone plans.
560.75(6) (6) Notify university of Wisconsin small business development centers, the Wisconsin housing and development centers, the central administration of all university of Wisconsin campuses and regional planning commissions about the development zone program and encourage those entities to provide advice to the department or local governing bodies on ways to improve the development zone program.
560.75(7) (7) Prepare forms for the certification described under s. 560.765 (5).
560.75(9) (9)
560.75(9)(a)(a) Except as provided in par. (b), ensure that at all times in each development zone at least 50% of the tax benefits in the development zone is used for development zones jobs credits under ss. 71.07 (2dj), 71.28 (1dj) and 71.47 (1dj).
560.75(9)(b) (b) With respect to a development zone located in a 1st class city, ensure that at all times in the development zone at least 65% of the tax benefits in the development zone is used for development zones jobs credits under ss. 71.07 (2dj), 71.28 (1dj) and 71.47 (1dj).
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This is an archival version of the Wis. Stats. database for 1995. See Are the Statutes on this Website Official?