560.13(4)(a)1.
1. A total of $870,000 in grants that do not exceed $300,000.
560.13(4)(a)2.
2. A total of $2,030,000 in grants that are greater than $300,000 but that do not exceed $700,000.
560.13(4)(a)3.
3. A total of $2,900,000 in grants that are greater than $700,000 but that do not exceed $1,250,000.
560.13(4)(am)1.
1. A total of $960,000 in grants that do not exceed $300,000.
560.13(4)(am)2.
2. A total of $2,240,000 in grants that are greater than $300,000 but that do not exceed $700,000.
560.13(4)(am)3.
3. A total of $3,200,000 in grants that are greater than $700,000 but that do not exceed $1,250,000.
560.13(4)(am)4.
4. At least $400,000 in grants for projects evaluated without consideration of the number of jobs that will be created by the projects.
560.13(4)(b)
(b) The department may not award a grant that exceeds $1,250,000.
560.13(4)(c)
(c) The department shall award at least 7 grants for projects that are located in municipalities with a population of less than 30,000.
560.13(5)
(5) Before the department awards a grant under this section, the department shall consider the recommendations of the department of administration and the department of natural resources.
560.13(6)
(6) The department shall promulgate rules that establish criteria, within the guidelines under
subs. (2) and
(3), for awarding grants under this section, including the circumstances under which grant proceeds may be used for assessment services.
560.13(6m)
(6m) Receipt of a grant under this section shall not render the recipient ineligible for a loan or any other grant awarded by the state, unless under the eligibility criteria of the loan or other grant the recipient is excluded by virtue of having received the grant.
560.13(7)
(7) On or before December 31, 1998, and annually thereafter, the department shall submit a report on the effectiveness of the program under this section to the legislature under
s. 13.172 (2) and to the governor and the department of administration.
560.13 History
History: 1997 a. 27;
1999 a. 9.
560.135
560.135
Mining economic development grants and loans. 560.135(1)(a)
(a) "Area affected by mining" means an area in which all of the following apply:
560.135(1)(a)1.
1. Public and private infrastructure are or were provided to support mining activity.
560.135(1)(a)2.
2. Public funds are or were expended for costs associated with mining activity.
560.135(1)(a)3.
3. Construction of a mine has commenced and economic diversification is necessary to reduce dependence on mining activity for the long-term economic growth and stability of the area.
560.135(1)(e)
(e) "Local development corporation" means any of the following:
560.135(1)(e)1.
1. The elected governing body of a federally recognized American Indian tribe or band in this state or any business created by the elected governing body.
560.135(1)(e)2.
2. A nonprofit corporation organized under
ch. 181 that does all of the following:
560.135(1)(e)2.b.
b. Promotes the economic development within the specific geographic area.
560.135(2)
(2) Subject to
subs. (3) and
(4), the board may award a grant or loan for the purpose specified to any of the following entities located in an area affected by mining:
560.135(2)(a)
(a) A business, to finance costs associated with start-up, maintenance or expansion in an area affected by mining.
560.135(2)(b)
(b) A city, village, town or county, to develop an economic diversification plan.
560.135(2)(c)
(c) A city, village, town, county, community-based organization or local development corporation, to establish a local revolving loan fund to finance businesses that will create long-term employment opportunities.
560.135(2)(d)
(d) A community-based organization or local development corporation, to conduct a local economic development project that will create long-term employment opportunities and to provide assistance to businesses or entrepreneurs.
560.135(2)(e)
(e) A business, to obtain professional services related to the start-up, maintenance or expansion of the business, including assistance with feasibility studies or financial and marketing plans and managerial assistance after start-up or expansion.
560.135(3)
(3) The board may not award a grant or loan under
sub. (2) if the proceeds will be used to establish or expand a business that is solely dependent on mining activity.
560.135(5)
(5) In awarding grants and loans under
sub. (2), the board shall consider all of the following:
560.135(5)(b)
(b) Whether the project will be located in a targeted area, as determined by the board after considering the factors under
s. 560.605 (2m) (a) to
(h).
560.135(5)(c)
(c) The extent to which the business or other entity assisted by the project is likely to provide stable, long-term employment opportunities to reduce the dependence of the area on mining.
560.135(7)
(7) The department, with the approval of the board, shall promulgate rules establishing policies and standards for awarding grants and loans under
sub. (2), consistent with policies and standards established under the rules required under
s. 560.602. The department shall promulgate rules regarding the application processes for grants and loans under
sub. (2) and for loans made from revolving loan funds established with proceeds awarded under
sub. (2) (c).
560.135 History
History: 1997 a. 27.
560.137
560.137
Gaming economic development grants and loans. 560.137(1)(a)
(a) "Native American business" means a sole proprietorship, partnership, limited liability company, joint venture or corporation that is at least 51% owned, controlled and actively managed by a member or members of a federally recognized American Indian tribe or band in this state.
560.137(1)(c)
(c) "Qualified business" means an existing business, including a Native American business, that is located in this state.
560.137(2)(a)
(a) Make a grant that does not exceed $15,000 to a qualified business for professional services.
560.137(2)(b)
(b) Make a grant or loan that does not exceed $100,000 to a qualified business for fixed asset financing.
560.137(3)
(3) The department may not make a grant or loan to a qualified business under this section unless the department determines all of the following:
560.137(3)(a)
(a) That the qualified business has been negatively impacted by the existence of a casino.
560.137(3)(b)
(b) That the qualified business has a legitimate need for the grant or loan to improve the profitability of the business.
560.137(4)
(4) As a condition of approval of a grant or loan under this section, the department shall require that the qualified business provide matching funds for at least 25% of the cost of the project. The department may waive the requirement under this subsection if the department determines that the qualified business is subject to extreme financial hardship.
560.137(5)
(5) The department may not award a grant or loan under this section to a qualified business for any purpose that is related to tourism unless the department of tourism concurs in the award.
560.137(6)(a)(a) The department shall deposit into the appropriation account under
s. 20.143 (1) (ig) all moneys received in repayment of loans made under this section.
560.137(6)(b)
(b) The department may forgive all or any part of a loan made under this section.
560.137 History
History: 1999 a. 9.
560.138
560.138
Gaming economic diversification grants and loans. 560.138(1)(a)
(a) "Native American business" means a sole proprietorship, partnership, limited liability company, joint venture or corporation that is at least 51% owned, controlled and actively managed by a member or members of a federally recognized American Indian tribe or band in this state.
560.138(1)(b)
(b) "Qualified business" means an existing business, including a Native American business, that is located in or expanding into this state.
560.138(2)(a)(a) Subject to
subs. (3) and
(4), from the appropriations under
s. 20.143 (1) (id) and
(km), the department may make a grant or loan to a qualified business for a project for the purpose of diversifying the economy of a community.
560.138(2)(b)
(b) In determining whether to award a grant or loan under this section, the department shall consider all of the following:
560.138(2)(b)1.
1. A project's potential to retain or increase the number of jobs.
560.138(2)(b)2.
2. A project's potential to provide for significant capital investment.
560.138(2)(b)3.
3. A project's contribution to the economy of the community.
560.138(3)
(3) As a condition of approval of a grant or loan under this section, the department shall require that a qualified business provide matching funds for at least 25% of the cost of a project.
560.138(4)
(4) The department may not award a grant or loan under this section to a qualified business for any purpose that is related to tourism unless the department of tourism concurs in the award.
560.138(5)
(5) The department shall deposit into the appropriation account under
s. 20.143 (1) (id) all moneys received in repayment of loans made under this section.
560.138 History
History: 1999 a. 9.
560.139
560.139
Economic development grants. 560.139(1)
(1)
Remediation and economic redevelopment. 560.139(1)(a)(a) Subject to
par. (b), from the appropriation under
s. 20.143 (1) (kj) or
(km) or from both appropriations, the department shall make grants to the city of Milwaukee to fund a program to be administered by the Milwaukee Economic Development Corporation. Under the program, the Milwaukee Economic Development Corporation shall provide grants to persons for remediation and economic redevelopment projects in the Menomonee valley. A person may not receive a grant unless the person provides matching funds for at least 50% of the cost of the project.
560.139(1)(b)
(b) The department may not expend more than $900,000 in grants to the city of Milwaukee under this subsection.
560.139(2)(a)(a) From the appropriation under
s. 20.143 (1) (kj) or
(km) or from both appropriations, the department shall make grants to the Northwest Regional Planning Commission to match federal or private funds for the purpose of establishing a community-based venture fund. Subject to
par. (b), the department shall provide grants in an amount that equals 50% of the total amount that the Northwest Regional Planning Commission receives in the year from federal or private sources for the community-based venture fund.
560.139(2)(b)
(b) The department may not expend more than $150,000 in grants under this subsection.
560.139 History
History: 1999 a. 9.
560.14
560.14
Community-based economic development programs.
