238.37 Revocation of certification.
(1) The corporation shall revoke the certification of a person certified under s. 238.365 (3) if the person does any of the following:
(a) Supplies false or misleading information to obtain certification.
(b) Becomes subject to revocation under s. 238.38 (1).
(c) Leaves the development zone to conduct substantially the same business outside of the development zone.
(d) Ceases operations in the development zone and does not renew operation of the trade or business or a similar trade or business in the development zone within 12 months.
(2) The corporation shall notify the department of revenue within 30 days of revoking a certification under sub. (1).
History: 1987 a. 328; 2011 a. 32 s. 3431; Stats. 2011 s. 238.37.
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.