560.184(4)(c)
(c) Up to an additional 20% of the principal of the loan or $5,000, whichever is less, during the 3rd year of participation in the program under this section.
560.184(5)
(5) Availability of funds; right of action against state. 560.184(5)(a)(a) The obligation of the department to make payments under an agreement entered into under
sub. (3) is subject to the availability of funds in the appropriations under
s. 20.143 (1) (jc),
(jL) and
(kr).
560.184(5)(b)
(b) If the cost of repaying the loans of all eligible applicants, when added to the cost of loan repayments scheduled under existing agreements, exceeds the total amount in the appropriations under
s. 20.143 (1) (jc),
(jL) and
(kr), the department shall establish priorities among the eligible applicants based upon the following considerations:
560.184(5)(b)1.
1. The degree to which there is an extremely high need for medical care in the eligible practice area or health professional shortage area in which an eligible applicant who is not a dental hygienist desires to practice and the degree to which there is an extremely high need for dental care in the dental health shortage area in which an eligible applicant who is a dental hygienist desires to practice.
560.184(5)(b)2.
2. The likelihood that an eligible applicant will remain in the eligible practice area or health professional shortage area in which he or she desires to practice after the loan repayment period.
560.184(5)(b)3.
3. The per capita income of the eligible practice area or health professional shortage area in which an eligible applicant desires to practice.
560.184(5)(b)4.
4. The financial or other support for health care provider recruitment and retention provided by individuals, organizations or local governments in the eligible practice area or health professional shortage area in which an eligible applicant desires to practice.
560.184(5)(b)5.
5. The geographic distribution of the health care providers who have entered into loan repayment agreements under this section and the geographic location of the eligible practice area or health professional shortage area in which an eligible applicant desires to practice.
560.184(5)(b)6.
6. Other considerations that the department may specify by rule.
560.184(5)(c)
(c) An agreement under
sub. (3) does not create a right of action against the state on the part of the health care provider or the lending institution for failure to make the payments specified in the agreement.
560.184(6)
(6) Local participation. The department shall encourage contributions to the program under this section by counties, cities, villages and towns. Funds received under this subsection shall be credited to the appropriation account under
s. 20.143 (1) (jL).
560.184(6m)(a)(a) The department shall, by rule, establish penalties to be assessed by the department against health care providers who breach an agreement entered into under
sub. (3) (a). The rules shall do all of the following:
560.184(6m)(a)3.
3. Provide exceptions for certain actions, including breaches resulting from death or disability.
560.184(6m)(b)
(b) Any penalties assessed and collected under this subsection shall be credited to the appropriation account under
s. 20.143 (1) (jc).
560.184(7)
(7) Administrative contract. From the appropriation under
s. 20.143 (1) (kr), the department shall contract with the board of regents of the University of Wisconsin System for administrative services from the office of rural health of the department of professional and community development of the University of Wisconsin Medical School. Under the contract, the office of rural health shall do all of the following:
560.184(7)(a)
(a) Advise the department and council on the identification of communities with an extremely high need for health care, including dental health care.
560.184(7)(b)
(b) Assist the department to publicize the program under this section to health care providers and eligible communities.
560.184(7)(c)
(c) Assist health care providers who are interested in applying for the program under this section.
560.184(7)(d)
(d) Assist communities in obtaining the services of health care providers through the program under this section.
560.184(7)(e)
(e) Assist the department with the general operation of the program under this section.
560.184(8)
(8) Expanded loan assistance program. The department may agree to repay loans as provided under this section on behalf of a health care provider under an expanded health care provider loan assistance program that is funded through federal funds in addition to state matching funds. To be eligible for loan repayment under the expanded health care provider loan assistance program, a health care provider must fulfill all of the requirements for loan repayment under this section, as well as all of the following:
560.184(8)(a)
(a) The health care provider must be a U.S. citizen.
560.184(8)(b)
(b) The health care provider may not have a judgment lien against his or her property for a debt to the United States.
560.184(8)(c)
(c) The health care provider must agree to do all of the following:
560.184(8)(c)1.
1. Accept medicare assignment as payment in full for services or articles provided.
560.184(8)(c)2.
2. Use a sliding fee scale or a comparable method of determining payment arrangements for patients who are not eligible for medicare or medical assistance and who are unable to pay the customary fee for the health care provider's services.
560.184(8)(c)3.
3. Practice at a public or private nonprofit entity in a health professional shortage area, if the health care provider is not a dental hygienist, or in a dental health shortage area, if the health care provider is a dental hygienist.
560.185
560.185
Rural health development council. The rural health development council created under
s. 15.157 (8) shall do all of the following:
560.185(1)
(1) Advise the department on matters related to the physician and dentist loan assistance program under
s. 560.183 and the health care provider loan assistance program under
s. 560.184.
560.185(1m)
(1m) Advise the department on the amount, up to $25,000, to be repaid on behalf of each health care provider who participates in the health care provider loan assistance program under
s. 560.184.
560.185(2)
(2) Advise the department as it promulgates the rules required under
s. 231.35 (7) for the rural hospital loan guarantee program.
560.185(3)
(3) Make recommendations to the department on all of the following:
560.185(3)(a)
(a) Ways to improve the delivery of health care to persons living in rural areas of the state that qualify as eligible practice areas, as defined in
s. 560.183 (1) (ag).
560.185(3)(b)
(b) Ways to help communities evaluate the linkage between rural health facilities and economic development for purposes of determining the value of local support for rural health facilities.
560.185(3)(c)
(c) The coordination of state and federal programs available to assist rural health facilities.
560.185(3)(d)
(d) A rural health initiative for inclusion in the 1991-93 biennial budget that addresses all of the following issues:
560.185(3)(d)1.
1. Stronger coordination and maintenance of rural health services and delivery systems.
560.185(3)(d)2.
2. Development of mechanisms to reduce shortages of health care providers in rural areas.
560.185(3)(d)3.
3. Development of alternative state capital financing mechanisms for rural health facilities and services.
560.185(4)
(4) Perform other advisory functions at the request of the secretary related to rural health development.
560.19
560.19
Pollution prevention. 560.19(2)
(2) From the appropriation under
s. 20.143 (1) (em), the department may contract with the board of regents of the University of Wisconsin System for educational services from the University of Wisconsin-Extension solid and hazardous waste education center. If the department enters into a contract under this subsection, the contract shall provide that the solid and hazardous waste center shall do all of the following:
560.19(2)(a)
(a) Expand its educational program to include business assessment activities that are specified in the contract and that have the following purposes:
560.19(2)(a)1.
1. Determining the full costs of using and producing hazardous substances, toxic pollutants and solid or hazardous waste.
560.19(2)(a)2.
2. Identifying processes that use or produce hazardous substances, toxic pollutants or solid or hazardous waste and the composition of the hazardous substances, toxic pollutants or solid or hazardous waste.
560.19(2)(b)
(b) Consider all of the following in conducting the business assessment activities under the contract:
560.19(2)(b)1.
1. The need for a pollution prevention assessment and a program participant's willingness to participate in an assessment.
560.19(2)(b)2.
2. The technical and financial ability of a program participant to implement pollution prevention.
560.19(2)(b)3.
3. The potential for others to use the information gained from a pollution prevention assessment.
560.19(3)
(3) In coordination with the solid and hazardous waste education center under
s. 36.25 (30) and the department of natural resources, the department shall conduct an education, environmental management and technical assistance program to promote pollution prevention among businesses in the state.
560.204
560.204
Hardware and software used to maintain medical records. 560.204(2)
(2) If the department certifies a health care provider under
sub. (1), the department shall determine the amount of credits to allocate to the health care provider. The total amount of electronic medical records credits allocated to health care providers in any year may not exceed $10,000,000.
560.204(3)
(3) The department shall inform the department of revenue of every health care provider certified under
sub. (1) and the amount of credits allocated to the health care provider.
560.204(4)
(4) The department, in consultation with the department of revenue, shall promulgate rules to administer this section.
560.204 History
History: 2007 a. 20.
560.205
560.205
Early stage business investment program. 560.205(1)(1)
Angel investment tax credits. The department shall implement a program to certify businesses for purposes of
s. 71.07 (5d). A business desiring certification shall submit an application to the department in each taxable year for which the business desires certification. Unless otherwise provided under the rules of the department, a business may be certified under this subsection, and may maintain such certification, only if the business satisfies all of the following conditions:
560.205(1)(b)
(b) At least 51 percent of the employees employed by the business are employed in this state.
560.205(1)(f)
(f) It is engaged in, or has committed to engage in, manufacturing, agriculture, or processing or assembling products and conducting research and development or developing a new product or business process.
560.205(1)(g)
(g) It is not engaged in real estate development, insurance, banking, lending, lobbying, political consulting, professional services provided by attorneys, accountants, business consultants, physicians, or health care consultants, wholesale or retail trade, leisure, hospitality, transportation, or construction, except construction of power production plants that derive energy from a renewable resource, as defined in
s. 196.378 (1) (h).
560.205(1)(j)
(j) It has been in operation in this state for not more than 10 consecutive years.
560.205(1)(k)
(k) It has not received more than $1,000,000 in investments that have qualified for tax credits under
s. 71.07 (5d).
560.205(1)(km)
(km) It has not received aggregate private equity investment in cash of more than $10,000,000 prior to being certified under this subsection.
560.205(2)
(2) Early stage seed investment tax credits. The department shall implement a program to certify investment fund managers for purposes of
ss. 71.07 (5b),
71.28 (5b), and
71.47 (5b). An investment fund manager desiring certification shall submit an application to the department. In determining whether to certify an investment fund manager, the department shall consider the investment fund manager's experience in managing venture capital funds, the past performance of investment funds managed by the applicant, the expected level of investment in the investment fund to be managed by the applicant, and any other relevant factors. The department may certify only investment fund managers that commit to consider placing investments in businesses certified under
sub. (1).
560.205(3)(a)(a)
List of certified businesses and investment fund managers. The department shall maintain a list of businesses certified under
sub. (1) and investment fund managers certified under
sub. (2) and shall permit public access to the lists through the department's Internet website.
560.205(3)(b)
(b)
Notification of department of revenue. The department of commerce shall notify the department of revenue of every certification issued under
sub. (1) and
(2) and the date on which any such certification is revoked or expires.
560.205(3)(d)
(d)
Rules. The department of commerce, in consultation with the department of revenue, shall promulgate rules to administer this section. The rules shall further define "bona fide angel investment" for purposes of
s. 71.07 (5d) (a) 1. The rules shall limit the aggregate amount of tax credits under
s. 71.07 (5d) that may be claimed for investments in businesses certified under
sub. (1) at $3,000,000 per calendar year for calendar years beginning after December 31, 2004, and $5,500,000 per calendar year for calendar years beginning after December 31, 2007. The rules shall also limit the aggregate amount of the tax credits under
ss. 71.07 (5b),
71.28 (5b), and
71.47 (5b) that may be claimed for investments paid to fund managers certified under
sub. (2) at $3,500,000 per calendar year for calendar years beginning after December 31, 2004, and $6,000,000 per calendar year for calendar years beginning after December 31, 2007. The rules shall also provide that, for calendar years beginning after December 31, 2007, no person may receive a credit under
ss. 71.07 (5b) and
(5d),
71.28 (5b), or
71.47 (5b) unless the person's investment is kept in a certified business, or with a certified fund manager, for no less than 3 years.
560.205 Cross-reference
Cross Reference: See also ch.
Comm 129, Wis. adm. code.
560.206
560.206
Film production tax credits. 560.206(1)
(1) The department shall implement a program to accredit productions for purposes of
ss. 71.07 (5f) and
(5h),
71.28 (5f) and
(5h), and
71.47 (5f) and
(5h). Application for accreditation shall be made to the department in each taxable year for which accreditation is desired.
560.206(2)
(2) If the department accredits a production under
sub. (1), the department shall determine the amount of the production's production expenditures, as defined in
s. 71.07 (5f) (a) 3.
560.206(3)
(3) The department shall notify the department of revenue of every production accredited under
sub. (1) and the amount of the production's production expenditures.
560.206(4)
(4) The department of commerce, in consultation with the department of revenue, shall promulgate rules to administer this section.
560.206 History
History: 2005 a. 483.
560.207
560.207
Dairy manufacturing facility investment credit.
