560.17(5m)(b)
(b) A business shall use the proceeds of a grant or loan under this subsection for any of the following:
560.17(5m)(bm)
(bm) If a business receives a grant or loan under this subsection for the purpose specified in
par. (b) 3., the department shall ensure that an employee of the business has the option of accepting or declining any relocation assistance that is available as a result of the grant or loan.
560.17(5m)(cm)
(cm) Of the total amount awarded in grants and loans in a fiscal biennium under this subsection, the board shall award not less than 25% and not more than 50% for purposes related to an agricultural business. The board shall give priority under this paragraph for grants or loans that will be used for purposes related to a dairy farm, as defined in 97.22 (1) (a).
560.17(5r)(a)(a) Under this subsection, the board may award to a business a loan that does not exceed $50,000 if all of the following apply:
560.17(5r)(a)1.
1. The business, together with any affiliate, subsidiary or parent entity, has fewer than 50 employees.
560.17(5r)(a)2.
2. The business is or will be located in a rural municipality.
560.17(5r)(a)3.
3. The rural municipality in which the business is or will be located satisfies either of the following criteria:
560.17(5r)(a)3.a.
a. The rural municipality is located in a county that has a median household income that is lower than the state median household income.
560.17(5r)(a)3.b.
b. If the rural municipality is located in a county that has a median household income that is higher than the state median household income, the rural municipality has a median household income that is lower than the county median household income.
560.17(5r)(a)5.
5. The operations of the business do not involve metallic mining activities.
560.17(5r)(a)6.
6. The owner of the business attends a class that provides instruction in writing a business plan, making a business loan application and managing a start-up business.
560.17(5r)(b)
(b) A business applying for a loan under this subsection must submit an application package that includes a business plan and such personal and business financial information as the board requires to enable the board to assess sufficiently the potential viability of the business. The department shall assist a business in preparing an application.
560.17(5r)(c)
(c) A business that receives a loan under this subsection may use the loan proceeds for any of the following purposes:
560.17(5r)(c)2.
2. The purchase of buildings, furniture, fixtures, machinery, equipment or inventory.
560.17(5r)(d)
(d) If a business that receives a loan under this subsection uses the loan proceeds for employee relocation costs under
par. (c) 4., the department shall ensure all of the following:
560.17(5r)(d)1.
1. That an employee of the business has the option of accepting or declining any relocation assistance that is available as a result of the loan.
560.17(5r)(d)2.
2. That the compensation and benefits terms offered at the new location are at least as favorable as those offered by the business at its previous location.
560.17(6)
(6) Before awarding a loan under this section, the board shall do all of the following:
560.17(6)(a)
(a) Determine the terms for repayment of the principal amount of the loan.
560.17(6)(c)
(c) Establish all other terms and conditions of the loan after considering the circumstances of the particular business.
560.17(6m)(a)(a) Except as provided in
par. (b), in order to receive a grant or loan under this section a person or business shall contribute cash, from a source other than the state, in an amount that equals at least 25% of the total cost of the project.
560.17(6m)(b)
(b) The board shall determine whether, and the extent to which, in order to receive a loan under
sub. (5r), a business must contribute from a source other than the state a portion of the cost of the project, except that the board may not require a business to contribute more than 20% of the cost of the project. The contribution may be in cash or in kind. The board shall determine what services or materials may be used as in-kind contributions.
560.17(6r)
(6r) The board shall give priority for grants or loans under this section for projects related to brownfields redevelopment.
560.17(7)(a)(a) Except as provided in
par. (am), the department shall designate staff to evaluate applications for grants or loans and assist the board under this section. The board shall act on an application for a grant or loan at its next regularly scheduled meeting after the department determines that the application is complete, except that the board shall act on an application for a loan under
sub. (5r) and advise the applicant of its decision within 45 days after the department determines that the application is complete.
560.17(7)(am)
(am) The department of commerce and the department of agriculture, trade and consumer protection shall designate staff to evaluate applications for grants or loans for purposes related to agricultural businesses and to make recommendations and assist the board with respect to those applications.
560.17(7)(b)
(b) The board or department shall deposit all interest or principal payments received for loans made under this section in the appropriation under
s. 20.143 (1) (ir).
560.17(7)(d)
(d) The department or board may not limit the time period during which applications for grants and loans under this section may be accepted.
560.175
560.175
Urban area early planning grants. 560.175(1)(a)
(a) "Early planning project" means the preliminary stages of considering and planning the expansion or start-up of a business that is or will be located in an urban area in this state.
560.175(1)(b)1.
1. A city, village or town that is located in a county with a population density of at least 150 persons per square mile.
560.175(1)(b)2.
2. A city, village or town with a population of more than 6,000.
560.175(2)
(2) Subject to
subs. (3) and
(6), the department may make a grant from the appropriation under
s. 20.143 (1) (c) to a person to fund an early planning project.
560.175(3)
(3) The department may not award a grant to a person under this section unless the person submits an application, in a form required by the department, that contains or describes all of the following:
560.175(3)(b)
(b) The ownership structure of the new or expanding business.
560.175(3)(c)
(c) The product or service provided by the new or expanding business.
560.175(3)(f)
(f) Any competitive advantages of the new or expanding business.
560.175(3)(g)
(g) The person's estimate of the gross revenue of the new or expanding business over a period specified by the department.
560.175(3)(h)
(h) The process for manufacturing the product, or providing the services, of the new or expanding business.
560.175(3)(i)
(i) An estimate of the number of jobs that will be created by the new or expanding business.
560.175(3)(k)
(k) The person's estimate of the profit that will be generated by the new or expanding business over a period specified by the department.
560.175(3)(L)
(L) The person's estimate of the capital required to complete the early planning project.
560.175(3)(m)
(m) Potential sources of financing for the early planning project.
560.175(3)(n)
(n) Any other information that the department requests.
560.175(4)
(4) A person who receives a grant under this section may use the grant proceeds only for any of the following:
560.175(5)
(5) In order to receive a grant under this section a person shall contribute cash, from a source other than the state, in an amount that equals at least 25% of the total cost of the project.
560.175(6)(a)(a) In any fiscal biennium, the department may not award to any one person more than $15,000 in grants under this section.
560.175(6)(b)
(b) In any fiscal biennium, the department may not award more than $250,000 in grants under this section.
560.175 History
History: 1999 a. 9.
560.18
560.18
Forestry education grant program. 560.18(1)
(1) From the appropriation under
s. 20.143 (1) (t), the department may award grants to nonprofit organizations, as defined in
s. 560.20 (1) (d), to develop forestry educational programs and instructional materials for use in the public schools. The department may not award a grant unless it enters into a memorandum of understanding with the grant recipient and the director of the timber management program at the University of Wisconsin-Stevens Point regarding the use of the funds.
560.18(2)
(2) The recipient of a grant under
sub. (1) shall submit the programs and materials developed with the funds to the department and the director of the timber management program at the University of Wisconsin-Stevens Point College of Natural Resources for approval. Upon request, the grant recipient shall provide approved programs and materials to school districts free of charge.
560.18 History
History: 1997 a. 27.
560.183
560.183
Physician loan assistance program. 560.183(1)(ac)
(ac) "Clinic hours" means hours spent working with patients in a clinic.
560.183(1)(ag)
(ag) "Eligible practice area" means a primary care shortage area, a mental health shortage area, an American Indian reservation or trust lands of an American Indian tribe.
560.183(1)(aj)
(aj) "Health professional shortage area" means an area that is designated by the federal department of health and human services under
42 CFR part 5, appendix A, as having a shortage of medical care professionals.
560.183(1)(ap)
(ap) " Mental health shortage area" means an area that is designated by the federal department of health and human services under
42 CFR part 5, appendix C, as having a shortage of psychiatric professionals, excluding a state or federal prison and a state or county mental hospital.
560.183(1)(b)
(b) "Physician" means a physician, as defined in
s. 448.01 (5), who specializes in family practice, general internal medicine, general pediatrics, obstetrics and gynecology, or psychiatry.
560.183(1)(cm)
(cm) "Primary care shortage area" means an area that is in a primary care health professional shortage area as determined by the federal department of health and human services under
42 CFR part 5, appendix A, excluding a state or federal prison.
560.183(2)(a)(a) The department may repay, on behalf of a physician, up to $50,000 in educational loans obtained by the physician from a public or private lending institution for education in an accredited school of medicine or for postgraduate medical training.
560.183(2)(b)
(b) A physician who is a participant in the national health service corps scholarship program under
42 USC 254n, or a physician who was a participant in that program and who failed to carry out his or her obligations under that program, is not eligible for loan repayment under this section.
560.183(3)(a)(a) The department shall enter into a written agreement with the physician. In the agreement, the physician shall agree to practice at least 32 clinic hours per week for 3 years in one or more eligible practice areas in this state, except that a physician specializing in psychiatry may only agree to practice psychiatry in a mental health shortage area and a physician in the expanded loan assistance program under
sub. (9) may only agree to practice at a public or private nonprofit entity in a health professional shortage area. The physician shall also agree to care for patients who are insured or for whom health benefits are payable under medicare, medical assistance or any other governmental program.
560.183(3)(b)
(b) The agreement shall specify that the responsibility of the department to make the payments under the agreement is subject to the availability of funds in the appropriations under
s. 20.143 (1) (jc),
(jm) and
(kr).
560.183(4)
(4) Loan repayment. Principal and interest due on loans, exclusive of any penalties, may be repaid by the department at the following rate:
