SB1106,,2452451. Supporting eligible recipients subject to the historic and current economic inequities experienced by communities in underserved neighborhoods, including enterprises established by residents there, as well as eligible recipients working to remedy those inequities. SB1106,,2462462. Supporting eligible recipients subject to the historic and current economic inequities experienced by women throughout the state. SB1106,,2472473. Supporting rural business and farming concerns. SB1106,,2482484. Supporting businesses with compensation structures that provide a livable wage, establish an equitable ratio between the least-paid and highest-paid members of the business, or otherwise demonstrate a commitment to equitable pay. SB1106,,2492495. Supporting entities that address the impacts of climate change and the reduction of greenhouse gases. SB1106,,2502506. Funding the need of municipalities to update and build safe and sustainable infrastructure. SB1106,,2512517. Supporting the operation of local governmental units, nonprofit organizations, credit unions, local community banks, community development authorities, redevelopment authorities, housing authorities, community development corporations, and state-chartered financial institutions, including by complementing or partnering rather than competing with these entities to strengthen them and to expand affordable financing in the state. SB1106,,2522528. Seeking participation loan options with the entities under subd. 7., when appropriate, rather than originating or servicing the loan itself. SB1106,,2532539. Promoting equitable distribution of the Bank’s resources across the state, including ensuring that rural areas are given full and fair consideration and have all necessary support in completing the application process. SB1106,,254254(3) In addition to all other powers granted the board under this chapter, the board may specifically do any of the following: SB1106,,255255(a) Adopt, amend, and repeal bylaws, policies, and procedures for the regulation of its affairs and the conduct of its business. SB1106,,256256(b) Sue and be sued. SB1106,,257257(c) Establish the Public Bank of Wisconsin’s annual budget and monitor the fiscal management of the Bank. SB1106,,258258(d) Execute contracts and other instruments required for the operation of the Public Bank of Wisconsin. SB1106,,259259(e) Make loans and incur debt and other nondeposit liabilities, including money market borrowing, federal reserve borrowing, and capital market borrowing. SB1106,,260260(f) Procure liability insurance. SB1106,,261261(g) Employ officers, staff, and agents and determine their qualifications, duties, and compensation. SB1106,,262262(h) Employ and compensate consultants, advisers, or other professionals to assist the board in carrying out its functions and exercising its authority under this chapter. SB1106,,263263(4) (a) In this subsection, “labor peace agreement” means an agreement between an eligible recipient and a labor organization, as defined in s. 5.02 (8m), that does all of the following: SB1106,,2642641. Prohibits labor organizations and its members from engaging in picketing, work stoppages, boycotts, and any other economic interference with persons operating in this state. SB1106,,2652652. Prohibits the eligible recipient from disrupting the efforts of the labor organization to communicate with and to organize and represent the eligible recipient’s employees. SB1106,,2662663. Provides the labor organization access at reasonable times to areas in which the eligible recipient’s employees work for the purpose of meeting with employees to discuss their right to representation, employment rights under state law, and terms and conditions of employment. SB1106,,267267(b) Subject to par. (c), the Public Bank of Wisconsin shall use its powers to extend affordable financing to eligible recipients. SB1106,,268268(c) The Public Bank of Wisconsin may not extend affordable financing to an eligible recipient unless the eligible recipient does all of the following: SB1106,,2692691. Certifies to the Bank that the eligible recipient has entered into a labor peace agreement and will abide by the terms of the agreement as a condition of receiving the affordable financing. SB1106,,2702702. Submits to the Bank a copy of the page of the labor peace agreement that contains the signatures of the labor organization representative and the representative of the eligible recipient. SB1106,,271271(5) (a) The board may facilitate investment in, and financing of, construction, rehabilitation, replacement, and improvement of new and existing public infrastructure systems. SB1106,,272272(b) Before initiating operations under par. (a), the board shall submit to the governor and to the chief clerk of each house of the legislature, for distribution to the appropriate standing committees under s. 13.172 (3), an implementation plan, including a proposal for any necessary legislation, that includes all of the following: SB1106,,2732731. Identification of the public infrastructure systems that the Bank plans to initially target.