560.701(3)(e)
(e) The reporting requirements with which the person must comply.
560.701(3)(f)
(f) If feasible, a determination of the tax benefits the person will be authorized to claim under
s. 560.703 (2) if the person fulfills the terms of the contract.
560.701 History
History: 2009 a. 2.
560.702
560.702
Eligible activities. A person who conducts or proposes to conduct any of the following may be certified under
s. 560.701 (2):
560.702(1)
(1) Job creation project. A project that creates and maintains for a period of time established by the department by rule full-time jobs in addition to any existing full-time jobs provided by the person.
560.702(2)
(2) Capital investment project. A project that involves a significant investment of capital, as defined by the department by rule under
s. 560.706 (2) (b), by the person in new equipment, machinery, real property, or depreciable personal property.
560.702(3)
(3) Employee training project. A project that involves significant investments in the training or reeducation of employees, as defined by the department by rule under
s. 560.706 (2) (c), by the person for the purpose of improving the productivity or competitiveness of the business of the person.
560.702(4)
(4) Project related to persons with corporate headquarters in Wisconsin. A project that will result in the location or retention of a person's corporate headquarters in Wisconsin or that will result in the retention of employees holding full-time jobs in Wisconsin if the person's corporate headquarters are located in Wisconsin.
560.702 History
History: 2009 a. 2.
560.703
560.703
Limits on tax benefits and claiming tax benefits. 560.703(1)(b)
(b) The department may submit to the joint committee on finance a request in writing to exceed the total tax benefits specified in
par. (a). The department shall submit with its request a justification for seeking an increase under this paragraph. The joint committee on finance, following its review, may approve or disapprove an increase in the total tax benefits available to be allocated under
ss. 560.701 to
560.706.
560.703(2)
(2) Authority to claim tax benefits. The department may authorize a person certified under
s. 560.701 (2) to claim tax benefits only after the person has submitted a report to the department that documents to the satisfaction of the department that the person has complied with the terms of the contract under
s. 560.701 (3) and the requirements of any applicable rules promulgated under
s. 560.706 (2).
560.703(3)
(3) Notice of eligibility. The department shall provide to the person and to the department of revenue a notice of eligibility to receive tax benefits that reports the amount of tax benefits for which the person is eligible.
560.703 History
History: 2009 a. 2,
265.
560.704
560.704
Eligible activities in economically distressed areas and benefiting members of targeted groups. The department may authorize a person certified under
s. 560.701 (2) to claim additional tax benefits under
s. 560.703 if, after conducting an investigation, the department determines any of the following:
560.704(1)
(1) The person conducts at least one eligible activity in an area designated by the department as economically distressed. In designating an area as economically distressed under this subsection, the department shall follow the methodology established by rule under
s. 560.706 (2) (e).
560.704(2)
(2) The person conducts at least one eligible activity that benefits, creates, retains, or significantly upgrades full-time jobs for, that trains, or that reeducates, members of a targeted group.
560.704 History
History: 2009 a. 2.
560.705
560.705
Revocation of certification. The department shall revoke the certification of a person who does any of the following:
560.705(2)
(2) Supplies false or misleading information to obtain tax benefits under
s. 560.703.
560.705(3)
(3) Leaves the state to conduct substantially the same business outside of the state.
560.705(4)
(4) Ceases operations in the state and does not renew operation of the business or a similar business within 12 months.
560.705 History
History: 2009 a. 2.
560.706
560.706
Responsibilities of the department. The department shall do all of the following:
560.706(1)(b)
(b) Notify and obtain written approval from the secretary for any certification under
sub. (2) (j).
560.706(2)
(2) Rules. Establish by rule all of the following:
560.706(2)(a)
(a) A schedule of hourly wage ranges to be paid, and health insurance benefits to be provided, to an employee by a person certified under
s. 560.701 (2) and the corresponding per employee tax benefit for which a person certified under
s. 560.701 (2) may be eligible.
560.706(2)(b)
(b) A definition of "significant investment of capital" for purposes of
s. 560.702 (2), together with a corresponding schedule of tax benefits for which a person who is certified under
s. 560.701 (2) and who conducts a project described in
s. 560.702 (2) may be eligible. The department shall include in the definition required under this paragraph a schedule of investments that takes into consideration the size or nature of the business.
560.706(2)(c)
(c) A definition of "significant investments in the training or reeducation of employees" for purposes of
s. 560.702 (3), together with a corresponding schedule of tax benefits for which a person who is certified under
s. 560.701 (2) and who conducts a project under
s. 560.702 (3) may be eligible.
560.706(2)(d)
(d) A schedule of tax benefits for which a person who is certified under
s. 560.701 (2) and who conducts a project that will result in the location or retention of a person's corporate headquarters in Wisconsin may be eligible.
560.706(2)(e)
(e) The methodology for designating an area as economically distressed under
s. 560.704 (1). The methodology under this paragraph shall require the department to consider the most current data available for the area and for the state on the following indicators:
560.706(2)(e)7.
7. Other significant or irregular indicators of economic distress, such as a natural disaster.
560.706(2)(f)
(f) A schedule of additional tax benefits for which a person who is certified under
s. 560.701 (2) and who conducts an eligible activity described under
s. 560.704 may be eligible.
560.706(2)(g)
(g) Reporting requirements, minimum benchmarks, and outcomes expected of a person certified under
s. 560.701 (2) before that person may receive tax benefits under
s. 560.703.
560.706(2)(h)
(h) Policies, criteria, and methodology for allocating a portion of the tax benefits available under
s. 560.703 to rural areas.
560.706(2)(i)
(i) Policies, criteria, and methodology for allocating a portion of the tax benefits available under
s. 560.703 to small businesses.
560.706(2)(j)
(j) Policies and criteria for certifying a person who may be eligible for tax benefits greater than or equal to $3,000,000.
560.706 Cross-reference
Cross-reference: See also ch.
Comm 100, Wis. adm. code.
560.706(3)
(3) Reporting. Annually, 6 months after the report has been submitted under
s. 560.01 (2) (am), submit to the joint legislative audit committee and to the appropriate standing committees of the legislature under
s. 13.172 (3) a comprehensive report assessing the program under
ss. 560.701 to
560.706. The report under this subsection shall update the applicable information provided in the report under
s. 560.01 (2) (am).
560.706 History
History: 2009 a. 2.
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)(ac)
(ac) The department has invited a local governing body to nominate the area under
s. 560.715.
560.71(1)(b)
(b) The department has evaluated the local governing body's application as described in
s. 560.725.
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 insurance 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) (a) of either a business closing or a mass layoff of at least 25 employees, or 25% of the employees, 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 full-time 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 full-time 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 22 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.
560.71(4)
(4) No development zone may be designated under this section after March 6, 2009.
