LRB-3446/1
EVM:kjf
2019 - 2020 LEGISLATURE
July 24, 2019 - Introduced by Representatives Quinn,
Billings, Edming,
Horlacher, Kulp, Kurtz, Murphy, Mursau, Neylon, Petryk, Skowronski,
Spiros, Spreitzer, Tranel, Tusler, VanderMeer and Wittke, cosponsored by
Senators Petrowski, Carpenter, Bewley, Feyen, Miller, Olsen, Ringhand,
Schachtner and Wanggaard. Referred to Committee on Transportation.
AB343,1,3
1An Act to amend 84.185 (1) (am), 84.185 (2) (b) 3. and 84.185 (3) (a) 2. of the
2statutes;
relating to: the transportation facilities economic assistance and
3development program.
Analysis by the Legislative Reference Bureau
Under current law, the Department of Transportation administers a
transportation facilities economic assistance and development program (TEA). As
part of an economic development project under TEA, DOT may improve a highway,
airport, or harbor, or provide other assistance for the improvement of such
transportation facilities or certain rail property or railroad tracks. DOT may also
make loans for the improvement of any of these transportation facilities. The state
share of costs for the improvement of any transportation facility (grant ceiling) may
generally not exceed the lesser of 50 percent of the cost of the improvement or $5,000
for each job resulting from the improvement or the economic development project.
This bill specifies that both jobs created and jobs retained resulting from the
improvement or economic development project may be used in setting the grant
ceiling.
For further information see the state and local fiscal estimate, which will be
printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB343,1
1Section
1. 84.185 (1) (am) of the statutes is amended to read:
AB343,2,42
84.185
(1) (am) “Economic development project" means a business
3development that directly
and significantly
retains jobs or increases the number of
4jobs in this state.
AB343,2
5Section
2. 84.185 (2) (b) 3. of the statutes is amended to read:
AB343,2,86
84.185
(2) (b) 3. The ratio of the cost of the improvement to
the increase in the
7number of jobs
retained or created in this state resulting directly from the
8improvement or economic development project.
AB343,3
9Section
3. 84.185 (3) (a) 2. of the statutes is amended to read:
AB343,2,1110
84.185
(3) (a) 2. Five thousand dollars for each job
retained or created in this
11state resulting directly from the improvement or economic development project.
