AB1117: Bill Text

AB1117,37,15 235.17 Grant program. The authority may make grants for eligible projects or grants to eligible businesses or to persons engaged in the commercialization of biological fuel, biological power, or biological products. The authority shall adopt guidelines for making grants under this section. The guidelines shall provide for a committee to make determinations regarding grant recipients and amounts. The committee shall consist of the secretary of agriculture, trade and consumer protection, the secretary of natural resources, and the chief executive officer of the Wisconsin Economic Development Corporation. The guidelines may also allow the committee to make grants on behalf of the authority.

AB1117,37,18 235.18 Additional powers. The authority may implement any of the following programs for the purpose of promoting eligible businesses or eligible projects in this state:

AB1117,37,20 (1) A revolving loan fund program pursuant to which the authority makes loans to finance eligible businesses or eligible projects.

AB1117,37,22 (2) An equity financing program to facilitate equity investments in renewable energy generation businesses owned and controlled by agricultural producers.

AB1117,37,25 (3) A conservation trading program pursuant to which the authority acts as an intermediary in the aggregation and trading of environmental credits related to clean and renewable energy production.

AB1117,38,3 (4) A program for providing technical assistance and business services to eligible businesses and community-based projects for reducing energy consumption, improving energy efficiency, or promoting the use of renewable resources.

AB1117,38,5 (5) A program for the authority to obtain licenses and royalties on technologies developed with the assistance of the authority.

AB1117,38,7 (6) The acceptance of gifts and grants to carry out any of the powers of the authority.

AB1117,38,11 235.19 Repayment to general fund. The authority shall repay the amounts appropriated under s. 20.498 (1) (a) to the general fund from that portion of the authority's surplus, if any, as is determined pursuant to agreement between the authority and the secretary of administration.

AB1117,50 Section 50. 238.10 (1) of the statutes is amended to read:

AB1117,38,19 238.10 (1) Allocation. The corporation shall establish under 26 USC 146 and administer a system for the allocation of the volume cap on the issuance of private activity bonds, as defined under 26 USC 141 (a), among all municipalities, as defined in s. 67.01 (5), and any corporation formed on behalf of those municipalities, and among this state, the Wisconsin Health and Educational Facilities Authority, the Wisconsin Aerospace Authority, the Wisconsin Renewable Energy Development Authority, and the Wisconsin Housing and Economic Development Authority.

AB1117,51 Section 51. 281.75 (4) (b) 3. of the statutes is amended to read:

AB1117,38,22 281.75 (4) (b) 3. An authority created under subch. II of ch. 114 or ch. 231, 233, 234, 235, 237, or 238.

AB1117,52 Section 52. 285.59 (1) (b) of the statutes is amended to read:

AB1117,39,8 285.59 (1) (b) “State agency" means any office, department, agency, institution of higher education, association, society, or other body in state government created or authorized to be created by the constitution or any law which is entitled to expend moneys appropriated by law, including the legislature and the courts, the Wisconsin Housing and Economic Development Authority, the Bradley Center Sports and Entertainment Corporation, the University of Wisconsin Hospitals and Clinics Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Wisconsin Renewable Energy Development Authority, the Wisconsin Economic Development Corporation, and the Wisconsin Health and Educational Facilities Authority.

AB1117,53 Section 53. 600.01 (1) (b) 8m. of the statutes is created to read:

AB1117,39,11 600.01 (1) (b) 8m. Guarantees of the Wisconsin Renewable Energy Development Authority under s. 235.15.

AB1117,54 Section 54. 706.11 (1) (c) 2. of the statutes is amended to read:

AB1117,39,16 706.11 (1) (c) 2. The Wisconsin Health and Educational Facilities Authority created under ch. 231, the Wisconsin Housing and Economic Development Authority created under ch. 234, the Wisconsin Renewable Energy Development Authority created under ch. 235, or any other authority created by state law.

AB1117,55 Section 55. Nonstatutory provisions.

AB1117,39,21 (1) Terms of initial members of board. Notwithstanding the length of terms specified for the members of the board of directors of the Wisconsin Renewable Energy Development Authority under s. 235.02 (1), the initial members of the board shall be appointed for the following terms:

AB1117,39,23 (a) One member appointed under s. 235.02 (1) (a) 1. for a term expiring on July 1, 2023.

AB1117,39,25 (b) One member appointed under s. 235.02 (1) (a) 1. for a term expiring on July 1, 2024.

AB1117,40,2 (c) Two members appointed under s. 235.02 (1) (a) 1. for terms expiring on July 1, 2025.

AB1117,40,4 (d) One member appointed under s. 235.02 (1) (a) 2. for a term expiring on July 1, 2026.

AB1117,56 Section 56. Fiscal changes.

AB1117,40,10 (1) Special education aid. In the schedule under s. 20.005 (3) for the appropriation to the department of public instruction under s. 20.255 (2) (b), the dollar amount is increased by 63 percent of the amount expended for the Wisconsin Renewable Energy Development Authority under s. 20.498 (1) (a) for the fiscal year in which expended to increase funding for aids for special education under s. 115.88.

AB1117,40,16 (2) UW System; general program operations. In the schedule under s. 20.005 (3) for the appropriation to the Board of Regents of the University of Wisconsin System under s. 20.285 (1) (a), the dollar amount is increased by 14 percent of the amount expended for the Wisconsin Renewable Energy Development Authority under s. 20.498 (1) (a) for the fiscal year in which expended to increase funding for the purposes for which the appropriation is made.

AB1117,40,22 (3) State aids for technical colleges. In the schedule under s. 20.005 (3) for the appropriation to the technical college system board under s. 20.292 (1) (d), the dollar amount is increased by 2 percent of the amount expended for the Wisconsin Renewable Energy Development Authority under s. 20.498 (1) (a) to increase funding for the fiscal year in which expended for the purposes for which the appropriation is made.

AB1117,40,23 (End)