560.86(7)(b) (b) Community development.
560.86(7)(c) (c) Increasing employment among American Indians.
560.86(7)(d) (d) Minority business certification under s. 560.036.
560.86(7)(e) (e) Any other program or form of state assistance which the department considers relevant to American Indians, Indian businesses or Indian tribes.
560.86(8) (8) "Tribal enterprise" means a business that is all of the following:
560.86(8)(a) (a) At least 51% owned and controlled by the governing body of one or more Indian tribes.
560.86(8)(b) (b) Actively managed by the governing body, or the designee of the governing body, of one or more Indian tribes.
560.86(8)(c) (c) Currently performing a useful business function.
560.86(9) (9) "Tribal governing body" means the elected governing body of an Indian tribe.
560.86 History History: 1991 a. 39 ss. 3434g, 3463m; 1993 a. 112.
560.87 560.87 Economic liaison program. The department shall do all of the following:
560.87(1) (1) Provide to tribal governing bodies a directory or other list identifying state employees or officers who administer targeted programs.
560.87(2) (2) Provide information about economic development and targeted programs to American Indians, Indian businesses or tribal governing bodies by using brochures, conferences, counseling or other means determined by the department.
560.87(3) (3) Perform demographic and economic analyses of the American Indian population in this state to provide data for use in economic development and business recruitment on Indian reservations.
560.87(4) (4) Provide, upon request, assistance to American Indians, Indian businesses and tribal governing bodies to promote economic development through the use of targeted programs.
560.87(5) (5) Designate in the department a liaison between the state agencies that administer targeted programs and American Indians, Indian businesses and Indian tribes interested in targeted programs.
560.87(6) (6) From the appropriation under s. 20.143 (1) (kh), make an annual grant to the Great Lakes inter-tribal council in an amount equal to the amount appropriated under s. 20.143 (1) (kh), to partially fund in the Great Lakes inter-tribal council a liaison between American Indians, Indian businesses and Indian tribes interested in targeted programs and the state agencies that administer targeted programs.
560.87 History History: 1991 a. 39 ss. 3434e, 3434k; 1999 a. 9.
560.875 560.875 Technical assistance.
560.875(1) (1) Annually, the department shall grant to the Great Lakes inter-tribal council the amount appropriated under s. 20.143 (1) (kf) to partially fund a program to provide technical assistance for economic development on Indian reservations if the conditions under subs. (2) and (3) are satisfied.
560.875(2) (2)
560.875(2)(a)(a) As a condition of receiving a grant under sub. (1), the Great Lakes inter-tribal council shall establish a technical assistance program.
560.875(2)(b) (b) The program shall provide technical assistance to all of the following businesses:
560.875(2)(b)1. 1. A tribal enterprise.
560.875(2)(b)2. 2. An Indian business that is located on an Indian reservation.
560.875(2)(b)3. 3. An Indian business that is not located on an Indian reservation but that directly benefits the economy of an Indian reservation.
560.875(2)(c) (c) The program shall provide the following types of technical assistance:
560.875(2)(c)1. 1. Management assistance to existing businesses.
560.875(2)(c)2. 2. Start-up assistance to new businesses, including the development of business and marketing plans and assistance in securing development financing.
560.875(2)(c)3. 3. Technical assistance to new and existing businesses in gaining access to tribal, state and federal business assistance and financing programs.
560.875(2)(d) (d) The program may not provide technical assistance for a commercial gaming and gambling activity.
560.875(3) (3) As a condition of receiving a grant under sub. (1), the Great Lakes inter-tribal council annually shall prepare a report on the technical assistance program under sub. (2) and submit the report to the department.
560.875 History History: 1991 a. 39, 261; 1995 a. 27; 1999 a. 9.
subch. IX of ch. 560 SUBCHAPTER IX
TECHNOLOGY-BASED ECONOMIC DEVELOPMENT
560.90 560.90 Definitions. In this subchapter, "technically oriented business" means any of the following:
560.90(1) (1) A business in a new or emerging industry.
560.90(2) (2) A business that provides technically sophisticated products or services.
560.90(3) (3) A business that is based on a technically sophisticated production system.
560.90 History History: 1989 a. 31.
560.905 560.905 Administration.
560.905(1)(1) The department may contract with specialists outside the classified service, including teachers, professors and professionals on sabbatical leaves, to conduct or coordinate specific projects and programs under this subchapter.
560.905(2) (2) The standing committees of the senate and assembly with jurisdiction over science and technology shall advise the department concerning the administration of this subchapter. The department shall consider the advice of the committees in carrying out the functions under this subchapter.
560.905 History History: 1989 a. 31; 2007 a. 125.
560.92 560.92 Promotion.
560.92(1)(1) The department shall promote this state's science and technology assets in cooperation with Forward Wisconsin, Inc., and the department of agriculture, trade and consumer protection.
560.92(2) (2) The department shall establish a program to recognize all of the following:
560.92(2)(a) (a) Entrepreneurs in this state who have established successful technically oriented businesses.
560.92(2)(b) (b) Outstanding researchers in basic and applied sciences in this state.
560.92 History History: 1989 a. 31; 2001 a. 103.
560.93 560.93 Statewide advanced technology.
560.93(1) (1) The department shall monitor potential opportunities for federal and private sector funding of significant technology development and transfer programs. The department may create an advisory committee of persons likely to be aware of these funding opportunities to assist in the monitoring of such opportunities.
560.93(2) (2) Upon identifying a potential funding opportunity under sub. (1), the department may create a team composed of appropriate government, educational and private sector representatives to review and pursue the funding opportunity. A team may do any of the following:
560.93(2)(a) (a) Conduct an evaluation of whether one or more organizations located in this state should compete for the funds.
560.93(2)(b) (b) Help one or more organizations located in this state in developing a specific application for the funds and any subsequent proposal or documentation.
560.93(2)(c) (c) Present to persons providing funding, or coordinate the presentation of, an application for funds; and show to persons providing funding the facility or site where the technology development or transfer program is proposed to be conducted.
560.93 History History: 1989 a. 31.
560.96 560.96 Technology zones.
560.96(1)(1) In this section, "tax credit" means a credit under s. 71.07 (2di), (2dm), (2dx), or (3g), 71.28 (1di), (1dm), (1dx), or (3g), or 71.47 (1di), (1dm), (1dx), or (3g).
560.96(2) (2)
560.96(2)(a)(a) The department may designate up to 8 areas in the state as technology zones. A business that is located in a technology zone and that is certified by the department under sub. (3) is eligible for a tax credit as provided in sub. (3).
560.96(2)(b) (b) The designation of an area as a technology zone shall be in effect for 10 years from the time that the department first designates the area. Not more than $5,000,000 in tax credits may be claimed in a technology zone, except that the department may allocate the amount of unallocated airport development zone tax credits, as provided under s. 560.7995 (3) (b), to technology zones for which the $5,000,000 maximum allocation is insufficient. The department may change the boundaries of a technology zone during the time that its designation is in effect. A change in the boundaries of a technology zone does not affect the duration of the designation of the area or the maximum tax credit amount that may be claimed in the technology zone.
560.96(3) (3)
560.96(3)(a)(a) The department may certify for tax credits in a technology zone a business that satisfies all of the following requirements:
560.96(3)(a)1. 1. The business is located in the technology zone.
560.96(3)(a)2. 2. The business is a new or expanding business.
560.96(3)(a)3. 3. The business is a high-technology business.
560.96(3)(b) (b) In determining whether to certify a business under this subsection, the department shall consider all of the following:
560.96(3)(b)1. 1. How many new jobs the business is likely to create.
560.96(3)(b)2. 2. The extent and nature of the high technology used by the business.
560.96(3)(b)3. 3. The likelihood that the business will attract related enterprises.
560.96(3)(b)4. 4. The amount of capital investment that the business is likely to make in the state.
560.96(3)(b)5. 5. The economic viability of the business.
560.96(3)(c) (c) When the department certifies a business under this subsection, the department shall establish a limit on the amount of tax credits that the business may claim. Unless its certification is revoked, and subject to the limit on the tax credit amount established by the department under this paragraph, a business that is certified may claim a tax credit for 3 years, except that a business that experiences growth, as determined for that business by the department under par. (d) and sub. (5) (e), may claim a tax credit for up to 5 years.
560.96(3)(d) (d) The department shall enter into an agreement with a business that is certified under this subsection. The agreement shall specify the limit on the amount of tax credits that the business may claim, the extent and type of growth, which shall be specific to the business, that the business must experience to extend its eligibility for a tax credit, the business' baseline against which that growth will be measured, any other conditions that the business must satisfy to extend its eligibility for a tax credit, and reporting requirements with which the business must comply.
560.96(4) (4)
560.96(4)(a)(a) The department of commerce shall notify the department of revenue of all the following:
560.96(4)(a)1. 1. A technology zone's designation.
560.96(4)(a)2. 2. A business's certification and the limit on the amount of tax credits that the business may claim.
560.96(4)(a)3. 3. The extension or revocation of a business's certification.
560.96(4)(b) (b) The department shall annually verify information submitted to the department under ss. 71.07 (2di), (2dm), (2dx), and (3g), 71.28 (1di), (1dm), (1dx), and (3g), and 71.47 (1di), (1dm), (1dx), and (3g).
560.96(5) (5) The department shall promulgate rules for the operation of this section, including rules related to all the following:
560.96(5)(a) (a) Criteria for designating an area as a technology zone.
560.96(5)(b) (b) A business's eligibility for certification, including definitions for all of the following:
560.96(5)(b)1. 1. New or expanding business.
560.96(5)(b)2. 2. High-technology business.
560.96(5)(c) (c) Certifying a business, including use of the factors under sub. (3) (b).
560.96(5)(d) (d) Standards for establishing the limit on the amount of tax credits that a business may claim.
560.96(5)(e) (e) Standards for extending a business's certification, including what measures, in addition to job creation, the department will use to determine the growth of a specific business and how the department will establish baselines against which to measure growth.
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This is an archival version of the Wis. Stats. database for 2007. See Are the Statutes on this Website Official?