AB882: Bill Text

LRB-4747/2

MCP:emw

2021 - 2022 LEGISLATURE

2021 Assembly BILL 882

January 20, 2022 - Introduced by Representatives Kurtz, Brooks, Duchow, Edming, James, Kuglitsch, Macco, Moses, Murphy, Novak, Oldenburg, Penterman, Rozar, Shankland, VanderMeer, Vruwink and Wichgers, cosponsored by Senators Ballweg, Marklein, Pfaff and Testin. Referred to Committee on Agriculture.

AB882,1,2 An Act to amend 20.115 (3) (h), 93.06 (1qm) and 93.425 (3) of the statutes; relating to: grants for dairy exports promotion and making an appropriation.

Analysis by the Legislative Reference Bureau

Under current law, the Department of Agriculture, Trade and Consumer Protection is authorized to use certain funds to make loans for the development of rural businesses or rural economic development. This bill allows DATCP to also use those funds to provide grants for the purpose of promoting dairy exports and clarifies that these grant funds make up a part of the $5 million appropriated for the Agricultural Exports Program created under 2021 Wisconsin Act 92.

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:

AB882,1 Section 1. 20.115 (3) (h) of the statutes is amended to read:

AB882,2,2 20.115 (3) (h) Loans and grants for rural development and dairy exports promotion. All moneys received as origination fees, repayment of principal, and payment of interest on loans under s. 93.06 (1qm), to be used for loans for the development of rural business enterprises or rural economic development and grants for the purpose of promoting dairy exports under s. 93.06 (1qm).

AB882,2 Section 2. 93.06 (1qm) of the statutes is amended to read:

AB882,2,8 93.06 (1qm) Loans and grants for rural development and dairy exports promotion. Make loans, and charge interest and origination fees and take security for those loans, as required to receive federal funding for the development of rural business enterprises or for rural economic development and provide grants for the purpose of promoting dairy exports.

AB882,3 Section 3 . 93.425 (3) of the statutes, as created by 2021 Wisconsin Act 92, is amended to read:

AB882,2,17 93.425 (3) Of the moneys appropriated under s. 20.115 (3) (b) and the moneys appropriated under s. 20.115 (3) (h) for grants to promote dairy exports, the center for international agribusiness marketing shall ensure that $2,500,000 is expended for the objective specified in sub. (2) (a), $1,250,000 is expended for the objective specified in sub. (2) (b), and $1,250,000 is expended for the objective specified in sub. (2) (c). The center may not expend more than $1,000,000 under the program in any fiscal year.

AB882,2,18 (End)