238.325 Evaluation by corporation.
(1) The corporation shall evaluate applications received under s. 238.32 (2) and (3).
(2) Subject to s. 238.335 (5), the corporation may reduce the size of an area nominated as a development zone, if the corporation determines the boundaries as proposed by the local governing body in an application under s. 238.32 (2) or (3) are inconsistent with the purpose of the development zone program. Any nominated area which is reduced under this subsection need not comply with s. 238.335 (1) and (4).
(3) After evaluating an application submitted under s. 238.32 (2) or (3), the corporation may approve the application, subject to any reduction in the size of the nominated area under sub. (2). If the corporation approves the application, the corporation shall designate the area as a development zone, subject to s. 238.31, and notify the local governing body.
History: 1987 a. 328; 1995 a. 209; 1997 a. 103; 2011 a. 32 s. 3422; Stats. 2011 s. 238.325.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 238 - Wisconsin economic development corporation.
238.02 - Creation and organization of corporation.
238.045 - Establishment of nonprofit organization.
238.046 - Private interest in public contract.
238.07 - Submission of annual reports to legislature.
238.08 - Records of the corporation.
238.09 - Procurement policies and procedures.
238.10 - Allocation of volume cap on tax-exempt bonds.
238.11 - Employment impact estimates.
238.115 - Tax credit reporting.
238.12 - Repayment of grants, loans, and tax benefits.
238.125 - Notification of position openings; compliance.
238.127 - State main street program.
238.13 - Brownfields grant program.
238.133 - Brownfield site assessment grants.
238.135 - Grants to regional economic development organizations.
238.14 - St. Croix Valley Business Incubator.
238.15 - Early stage business investment program.
238.155 - Talent attraction and retention initiatives.
238.17 - Historic rehabilitation tax credit.
238.25 - Assistance to loan recipients.
238.26 - Report to investment board.
238.28 - Refundable tax credits.
238.301 - Certification for tax benefits.
238.302 - Eligible activities.
238.303 - Limits on tax benefits and claiming tax benefits.
238.3045 - Transferability of tax benefits.
238.305 - Revocation of certification.
238.306 - Responsibilities of the corporation.
238.308 - Business development tax credit.
238.31 - Designation of development zone.
238.315 - Invitation to nominate area.
238.32 - Application by local governing bodies.
238.325 - Evaluation by corporation.
238.335 - Boundaries and size of development zones.
238.34 - Change in boundary and size of development zones.
238.345 - Duration, renewal and expiration.
238.35 - Additional duties of the corporation.
238.363 - Duties of local governing bodies.
238.365 - Certification for tax benefits.
238.368 - Limits on tax benefit to certified person.
238.37 - Revocation of certification.
238.38 - Certification prohibited in certain cases.
238.385 - Rules on eligibility for tax benefits.
238.395 - Development opportunity zones.
238.396 - Electronics and information technology manufacturing zone.
238.397 - Enterprise development zone program.