SB205-SA2,7,208 93.07 (20) (b) Annually, no later than October 1, to submit to the joint
9legislative audit committee and to the appropriate standing committees of the
10legislature under s. 13.172 (3) a comprehensive report assessing economic
11development programs, as defined in sub. (18) (a), administered by the department.
12The report shall include all of the information required under s. 238.07 (2); the
13number of recipients of a grant, loan, or allocation of a tax benefit under each
14program that satisfied the requirements under s. 93.07 (18) (b) 3. and 6. and a list
15that identifies each recipient of a grant, loan, or allocation of a tax benefit under each
16program that failed to satisfy one or more of those requirements; and the results of
17the independent verification under s. 93.07 (18) (b) 5
. The department shall
18collaborate with the Wisconsin Economic Development Corporation to make readily
19accessible to the public on an Internet-based system the information required under
20this subsection.
SB205-SA2,29t 21Section 29t. 234.032 (2) (c) of the statutes is amended to read:
SB205-SA2,8,222 234.032 (2) (c) Require that each recipient of a grant or, loan, or allocation of
23a tax benefit
under the program submit a report to the authority. Each contract with
24a recipient of a grant or, loan, or allocation of a tax benefit under the program shall

1specify the frequency and format of the report to be submitted to the authority and
2the performance measures to be included in the report.
SB205-SA2,29u 3Section 29u. 234.032 (2) (e) of the statutes is amended to read:
SB205-SA2,8,64 234.032 (2) (e) Annually and independently verify, from a sample of grants and,
5loans, and allocated tax benefits, the accuracy of the information required to be
6reported under par. (c).
SB205-SA2,29v 7Section 29v. 234.255 (2) of the statutes is renumbered 234.255 (2) (a) (intro.)
8and amended to read:
SB205-SA2,8,139 234.255 (2) (a) (intro.) Annually, no later than October 1, the authority shall
10submit to the joint legislative audit committee and to the appropriate standing
11committees of the legislature under s. 13.172 (3) a comprehensive report assessing
12economic development programs, as defined in s. 234.032 (1), administered by the
13authority. The report shall include all of the information following:
SB205-SA2,8,14 141. The information required under s. 238.07 (2).
SB205-SA2,8,17 15(b) The authority shall collaborate with the Wisconsin Economic Development
16Corporation to make readily accessible to the public on an Internet-based system the
17information required under this section.
SB205-SA2,29w 18Section 29w. 234.255 (2) (a) 2. and 3. of the statutes are created to read:
SB205-SA2,8,2319 234.255 (2) (a) 2. The number of recipients of a grant, loan, or allocation of a
20tax benefit under each program that satisfied the requirements under s. 234.032 (2)
21(c) and (f) and a list that identifies each recipient of a grant, loan, or allocation of a
22tax benefit under each program that failed to satisfy one or more of those
23requirements.
SB205-SA2,8,2424 3. The results of the independent verification under s. 234.032 (2) (e).".
SB205-SA2,9,2
16. Page 12, line 19: after "assembly," insert "to serve for 6-year terms or their
2terms of office, whichever is shorter,
".
SB205-SA2,9,4 37. Page 12, line 22: after "senate," insert "to serve for 6-year terms or their
4terms of office, whichever is shorter,
".
SB205-SA2,9,6 58. Page 14, line 1: delete "Assist the chairperson to identify" and substitute
6"Identify".
SB205-SA2,9,7 79. Page 14, line 13: substitute "benefits," for "benefits".
SB205-SA2,9,9 810. Page 14, line 16: delete "nonprofit organization" and substitute
9"private foundation or other entity".
SB205-SA2,9,11 1011. Page 14, line 16: delete the material beginning with "Definition" and
11ending with "(a)" on line 21.
SB205-SA2,9,14 1212. Page 14, line 21: delete the material beginning with "nonprofit" and
13ending with "organization" on line 22 and substitute "private foundation or any other
14entity, whether operated for profit or not for profit,".
SB205-SA2,9,15 1513. Page 14, line 22: substitute "sub. (2)" for "par. (b)".
SB205-SA2,9,16 1614. Page 14, line 23: substitute "(2) (a)" for "(b) 1.".
SB205-SA2,9,18 1715. Page 14, line 23: delete "chief executive officer of the corporation" and
18substitute "board".
SB205-SA2,9,20 1916. Page 14, line 24: delete "nonprofit organization" and substitute "private
20foundation or other entity".
SB205-SA2,9,22 2117. Page 15, line 1: delete the material beginning with "nonprofit" and ending
22with "organization" on line 2 and substitute "private foundation or other entity".
SB205-SA2,9,23 2318. Page 15, line 3: substitute "(b)" for "2.".
SB205-SA2,10,1
119. Page 15, line 4: substitute "par. (a)" for "subd. 1.".
SB205-SA2,10,3 220. Page 15, line 5: delete "chief executive officer of the corporation" and
3substitute "board".
SB205-SA2,10,4 421. Page 15, line 8: delete "chief executive officer" and substitute "board".
SB205-SA2,10,5 522. Page 15, line 19: on lines 19 and 20, delete "that the corporation".
SB205-SA2,10,6 623. Page 15, line 24: delete "by the corporation".
SB205-SA2,10,8 724. Page 15, line 24: delete the material beginning with "verified by" and
8ending with "corporation" on line 25 and substitute "verified".
SB205-SA2,10,9 925. Page 16, line 1: substitute "(2m)" for "(2) (gm)".
SB205-SA2,10,10 1026. Page 16, line 1: after that line insert:
SB205-SA2,10,12 11"238.07 (2m) The board shall include all of the following additional information
12with its report under sub. (2):".
SB205-SA2,10,13 1327. Page 16, line 2: substitute "(a)" for "238.07 (2) (gm)".
SB205-SA2,10,14 1428. Page 16, lines 2: on lines 2 and 4, after "or" insert "allocation of a".
SB205-SA2,10,15 1529. Page 16, line 3: after "(c)" insert "and (3) (a)".
SB205-SA2,10,16 1630. Page 16, line 5: after "satisfy" insert "one or more of".
SB205-SA2,10,17 1731. Page 16, line 5: after that line insert:
SB205-SA2,10,18 18"(b) The results of the independent verification under s. 238.03 (2) (e).
SB205-SA2,39m 19Section 39m. 238.09 of the statutes is created to read:
SB205-SA2,10,21 20238.09 Procurement policies and procedures. The board shall adopt
21policies and procedures that specify all of the following:
SB205-SA2,10,23 22(1) When the corporation is required to publicly solicit proposals from multiple
23vendors of goods or services.
SB205-SA2,11,1
1(2) How the corporation is to evaluate proposals from multiple vendors.
SB205-SA2,11,3 2(3) How the corporation is to assess any conflict of interest a vendor may have
3if the vendor sells goods or services to the corporation.".
SB205-SA2,11,4 432. Page 16, line 6: delete lines 6 and 7.
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