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AB270,16,11 920.498 Wisconsin Renewable Energy Development Authority. There is
10appropriated to the Wisconsin Renewable Energy Development Authority for the
11following program:
AB270,16,13 12(1) Authority operations. (a) General program operations. As a continuing
13appropriation, the amounts in the schedule for the purposes of ch. 235.
AB270,34 14Section 34. 23.175 (1) (b) of the statutes is amended to read:
AB270,16,1915 23.175 (1) (b) “State agency" means any office, department, agency, institution
16of higher education, association, society or other body in state government created
17or authorized to be created by the constitution or any law which is entitled to expend
18moneys appropriated by law, including any authority created under subch. II of ch.
19114 or ch. 231, 233, 234, 235, or 237 but not including the legislature or the courts.
AB270,35
1Section 35. 25.17 (3) (b) 14. of the statutes is created to read:
AB270,17,32 25.17 (3) (b) 14. Bonds issued by the Wisconsin Renewable Energy
3Development Authority.
AB270,36 4Section 36. 40.02 (54) (k) of the statutes is created to read:
AB270,17,55 40.02 (54) (k) The Wisconsin Renewable Energy Development Authority.
AB270,37 6Section 37. 66.0603 (1m) (a) 3v. of the statutes is created to read:
AB270,17,87 66.0603 (1m) (a) 3v. Bonds issued by the Wisconsin Renewable Energy
8Development Authority.
AB270,38 9Section 38 . 70.11 (38o) of the statutes is created to read:
AB270,17,1410 70.11 (38o) Wisconsin Renewable Energy Development Authority.
11Notwithstanding the provisions of s. 70.11 (intro.) that relate to leased property or
12that impose other limitations, all property owned or leased by the Wisconsin
13Renewable Energy Development Authority, provided that use of the property is
14primarily related to the purposes of the authority.
AB270,39 15Section 39. 71.05 (1) (c) 7m. of the statutes is created to read:
AB270,17,1616 71.05 (1) (c) 7m. The Wisconsin Renewable Energy Development Authority.
AB270,40 17Section 40 . 71.26 (1) (be) of the statutes is amended to read:
AB270,17,2118 71.26 (1) (be) Certain authorities. Income of the University of Wisconsin
19Hospitals and Clinics Authority, of the Fox River Navigational System Authority, of
20the Wisconsin Economic Development Corporation, and of the Wisconsin Aerospace
21Authority, and of the Wisconsin Renewable Energy Development Authority.
AB270,41 22Section 41. 71.26 (1m) (o) of the statutes is created to read:
AB270,17,2323 71.26 (1m) (o) Those issued under s. 235.06.
AB270,42 24Section 42. 71.45 (1t) (n) of the statutes is created to read:
AB270,17,2525 71.45 (1t) (n) Those issued under s. 235.06.
AB270,43
1Section 43. 77.54 (9a) (a) of the statutes is amended to read:
AB270,18,52 77.54 (9a) (a) This state or any agency thereof, the University of Wisconsin
3Hospitals and Clinics Authority, the Wisconsin Aerospace Authority, the Wisconsin
4Renewable Energy Development Authority,
the Wisconsin Economic Development
5Corporation, and the Fox River Navigational System Authority.
AB270,44 6Section 44. 100.45 (1) (dm) of the statutes is amended to read:
AB270,18,167 100.45 (1) (dm) “State agency" means any office, department, agency,
8institution of higher education, association, society, or other body in state
9government created or authorized to be created by the constitution or any law which
10is entitled to expend moneys appropriated by law, including the legislature and the
11courts, the Wisconsin Housing and Economic Development Authority, the Bradley
12Center Sports and Entertainment Corporation, the University of Wisconsin
13Hospitals and Clinics Authority, the Wisconsin Health and Educational Facilities
14Authority, the Wisconsin Aerospace Authority, the Wisconsin Renewable Energy
15Development Authority,
the Wisconsin Economic Development Corporation, and the
16Fox River Navigational System Authority.
AB270,45 17Section 45. 106.16 (2) of the statutes is amended to read:
AB270,18,2318 106.16 (2) Any company that receives a loan or grant from a state agency or
19an authority under ch. 231 or, 234, or 235 shall notify the department and the local
20workforce development board established under 29 USC 2832, of any position in the
21company that is related to the project for which the grant or loan is received to be
22filled in this state within one year after receipt of the loan or grant. The company
23shall provide this notice at least 2 weeks prior to advertising the position.
AB270,46 24Section 46. 106.16 (3) of the statutes is amended to read:
AB270,19,3
1106.16 (3) A state agency or an authority under ch. 231 or, 234, or 235 shall
2notify the Wisconsin Economic Development Corporation if it makes a loan or grant
3to a company.
AB270,47 4Section 47. 219.09 (1) (h) of the statutes is created to read:
AB270,19,55 219.09 (1) (h) The Wisconsin Renewable Energy Development Authority.
AB270,48 6Section 48 . 230.03 (3) of the statutes is amended to read:
AB270,19,167 230.03 (3) “Agency" means any board, commission, committee, council, or
8department in state government or a unit thereof created by the constitution or
9statutes if such board, commission, committee, council, department, unit, or the
10head thereof, is authorized to appoint subordinate staff by the constitution or
11statute, except the Board of Regents of the University of Wisconsin System, a
12legislative or judicial board, commission, committee, council, department, or unit
13thereof or an authority created under subch. II of ch. 114 or under ch. 231, 232, 233,
14234, 235, 237, 238, or 279. “Agency" does not mean any local unit of government or
15body within one or more local units of government that is created by law or by action
16of one or more local units of government.
AB270,49 17Section 49 . Chapter 235 of the statutes is created to read:
AB270,19,1818 CHAPTER 235
AB270,19,1919 Wisconsin renewable energy
AB270,19,2020 development authority
AB270,19,21 21235.01 Definitions. In this chapter:
AB270,19,23 22(1) “Authority" means the Wisconsin Renewable Energy Development
23Authority.
AB270,19,24 24(2) “Board" means the board of directors of the authority.
AB270,20,2
1(3) “Bond" means a bond, note, or other obligation of the authority issued under
2this chapter, including a refunding bond.
AB270,20,6 3(4) “Bond resolution" means a resolution of the board authorizing the issuance
4of, or providing terms and conditions related to, bonds and includes, when
5appropriate, any trust agreement, trust indenture, indenture of mortgage, or deed
6of trust providing terms and conditions for the bonds.
AB270,20,8 7(5) “Eligible business" means a commercial entity that does any of the
8following:
AB270,20,109 (a) Produces energy, fuels, chemicals, or products primarily from renewable
10resources or agricultural, forestry, plant, or other biological materials.
AB270,20,1211 (b) Provides services related to reducing energy consumption or improving
12energy efficiency.
AB270,20,16 13(6) “Eligible project" means a project of a commercial entity to construct any
14new plant, equipment, property, or facilities, or extend, improve, or add to any
15existing plant, equipment, property, or facilities, for the purpose of reducing energy
16consumption or improving energy efficiency of the commercial entity.
AB270,20,17 17(7) “Lender" does not include a seller under a land contract.
AB270,20,18 18(8) “Renewable resource" has the meaning given in s. 196.378 (1) (h).
AB270,20,21 19235.02 Creation and organization. (1) (a) There is created a public body
20politic and corporate to be known as the “Wisconsin Renewable Energy Development
21Authority." The board of the authority shall consist of the following members:
AB270,20,2222 1. Four persons representing eligible businesses.
AB270,20,2323 2. One commercial lender.
AB270,20,2424 3. The secretary of natural resources or his or her designee.
AB270,21,2
14. The secretary of agriculture, trade and consumer protection or his or her
2designee.
AB270,21,43 5. The chief executive officer of the Wisconsin Economic Development
4Corporation or his or her designee.
AB270,21,55 6. The chairperson of the public service commission or his or her designee.
AB270,21,76 7. The dean of the College of Agricultural and Life Sciences of the University
7of Wisconsin-Madison or his or her designee.
AB270,21,98 8. The director of the Wisconsin Alumni Research Foundation or his or her
9designee.
AB270,21,1410 (b) The members under par. (a) 1. and 2. shall be nominated by the governor,
11and with the advice and consent of the senate appointed, for 4-year terms. Except
12for the initial members under par. (a) 1. and 2., before nominating the members
13under par. (a) 1. and 2., the governor shall obtain and consider the board's
14recommendations for nominees.
AB270,21,1515 (c) Members of the board shall be residents of this state.
AB270,21,1716 (d) The terms of the members appointed under par. (a) 1. and 2. expire on July
171. Each member's appointment remains in effect until a successor is appointed.
AB270,22,7 18(2) The board shall appoint an executive director who may not be a member of
19the board and who shall serve at the pleasure of the board. The board shall determine
20the compensation of the executive director, except that the compensation of the
21executive director may not exceed the maximum of the salary range established
22under s. 20.923 (1) for positions assigned to executive salary group 4, and the
23compensation of each other employee of the authority may not exceed the maximum
24of the salary range established under s. 20.923 (1) for positions assigned to executive
25salary group 3. The executive director or another person designated by resolution

1of the board shall keep a record of the proceedings of the authority and shall be
2custodian of all books, documents, and papers filed with the authority, the minute
3book or journal of the authority, and its official seal. The executive director, or other
4person, may cause copies to be made of all minutes and other records and documents
5of the authority and may give certificates under the official seal of the authority to
6the effect that the copies are true copies, and all persons dealing with the authority
7may rely upon the certificates.
AB270,22,15 8(3) Six members of the board constitute a quorum. The affirmative vote of a
9majority of all of the members of the board is necessary for any action taken by the
10authority. A vacancy in the membership of the board does not impair the right of a
11quorum to exercise all of the rights and perform all of the duties of the authority. All
12meetings of the board are subject to subch. V of ch. 19. Resolutions of the authority
13need not be published or posted. The board may delegate by resolution to one or more
14of its members or the executive director the powers and duties that it considers
15proper.
AB270,22,19 16(4) The members of the board shall receive no compensation for the
17performance of their duties as members, but each member shall be reimbursed for
18the member's actual and necessary expenses while engaged in the performance of the
19member's duties.
AB270,22,23 20(5) No cause of action of any nature may arise against and no civil liability may
21be imposed upon a member of the board for any act or omission in the performance
22of his or her powers and duties under this chapter, unless the person asserting
23liability proves that the act or omission constitutes willful misconduct.
AB270,23,3
1235.03 Powers of authority. The authority has all of the powers necessary
2or convenient to carry out the purposes and provisions of this chapter. In addition
3to all other powers granted by this chapter, the authority may do any of the following:
AB270,23,5 4(1) Adopt bylaws, policies, and procedures for the regulation of its affairs and
5the conduct of its business.
AB270,23,6 6(2) Sue and be sued.
AB270,23,8 7(3) Hire employees, define their duties, and fix their rate of compensation,
8subject to s. 235.02 (2).
AB270,23,10 9(4) Have a seal and alter the seal at pleasure, have perpetual existence, and
10maintain an office.
AB270,23,14 11(5) Appoint any technical or professional advisory committee that the
12authority finds necessary to assist the authority in exercising its duties and powers,
13define the duties of any committee, and provide reimbursement for the expenses of
14any committee.
AB270,23,16 15(6) Enter into contracts with 3rd parties as are necessary for the conduct of its
16business.
AB270,23,17 17(7) Accept gifts, grants, and other funding for the conduct of its business.
AB270,23,18 18(8) Charge fees for services that the authority provides.
AB270,23,20 19(9) Procure insurance against any loss in connection with its assets and procure
20insurance on its debt obligations.
AB270,24,5 21235.04 Political activities. (1) No employee of the authority may directly or
22indirectly solicit or receive subscriptions or contributions for any partisan political
23party or any political purpose while engaged in his or her official duties as an
24employee. No employee of the authority may engage in any form of political activity
25calculated to favor or improve the chances of any political party or any person seeking

1or attempting to hold partisan political office while engaged in his or her official
2duties as an employee or engage in any political activity while not engaged in his or
3her official duties as an employee to such an extent that the person's efficiency during
4working hours will be impaired or that he or she will be tardy or absent from work.
5Any violation of this subsection is adequate grounds for dismissal.
AB270,24,9 6(2) If an employee of the authority declares an intention to run for partisan
7political office, the employee shall be placed on a leave of absence for the duration
8of the election campaign and if elected shall no longer be employed by the authority
9on assuming the duties and responsibilities of such office.
AB270,24,11 10(3) An employee of the authority may be granted, by the executive director, a
11leave of absence to participate in partisan political campaigning.
AB270,24,14 12(4) Persons on leaves of absence under sub. (2) or (3) are not subject to the
13restrictions of sub. (1), except as they apply to the solicitation of assistance,
14subscription, or support from any other employee in the authority.
AB270,24,18 15235.05 Cooperation. To enhance the efficiency and effectiveness of the
16authority, the authority shall use staff and other resources of state agencies,
17including the University of Wisconsin System, and state agencies shall, to the extent
18possible given their staff and other resources, provide assistance to the authority.
AB270,24,21 19235.06 Issuance of bonds. (1) The authority may issue bonds for any
20corporate purpose. All bonds are negotiable for all purposes, notwithstanding their
21payment from a limited source.
AB270,24,23 22(2) The bonds of each issue shall be payable from sources specified in the bond
23resolution under which the bonds are issued.
AB270,25,10 24(3) The authority may not issue bonds unless the issuance is first authorized
25by a bond resolution. Bonds shall bear the dates, mature at the times not exceeding

130 years from their dates of issue, bear interest at the rates, be payable at the times,
2be in the denominations, be in the form, carry the registration and conversion
3privileges, be executed in the manner, be payable in lawful money of the United
4States at the places, and be subject to the terms of redemption, that the bond
5resolution provides. The bonds shall be executed by the manual or facsimile
6signatures of the officers of the authority designated by the board. The bonds may
7be sold at public or private sale at the price, in the manner, and at the time
8determined by the board. Pending preparation of definitive bonds, the authority may
9issue interim receipts or certificates that the authority shall exchange for the
10definitive bonds.
AB270,25,13 11(4) Any bond resolution may contain provisions that shall be a part of the
12contract with the holders of the bonds that are authorized by the bond resolution,
13regarding any of the following:
AB270,25,1414 (a) Pledging or assigning specified assets or revenues of the authority.
AB270,25,1615 (b) Setting aside reserves or sinking funds, and the regulation, investment, and
16disposition of these funds.
AB270,25,1817 (c) Limitations on the purpose to which or the investments in which the
18proceeds of the sale of any issue of bonds may be applied.
AB270,25,2219 (d) Limitations on the issuance of additional bonds, the terms upon which
20additional bonds may be issued and secured, and the terms upon which additional
21bonds may rank on a parity with, or be subordinate or superior to, the bonds
22authorized by the bond resolution.
AB270,25,2323 (e) Funding, refunding, advance refunding, or purchasing outstanding bonds.
AB270,26,3
1(f) Procedures by which the terms of any contract with bondholders may be
2amended, the amount of bonds the holders of which must consent to the amendment,
3and the manner in which this consent may be given.
AB270,26,64 (g) Defining the acts or omissions to act that constitute a default in the duties
5of the authority to the bondholders, and providing the rights and remedies of the
6bondholders in the event of a default.
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