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Bills · 2015-2016 Regular Session

SB 415

Died at session end Official bill text Atom feed

Relating to: fraud in obtaining economic development benefits from the Wisconsin Economic Development Corporation and providing a criminal penalty. (FE)

Economic development corporation, wisconsin Fraud Industrial development

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill establishes penalties for certain fraudulent conduct committed to

obtain a grant, loan, tax credit, or other assistance from the Wisconsin Economic

Development Corporation (WEDC) under an economic development program

administered by WEDC (economic development benefits).

Under the bill, whoever, whether on their own behalf or on behalf of another

person, intentionally conceals a material fact that concerns a person's eligibility to

receive economic development benefits or that is necessary to determine the merits

of an application for economic development benefits, or makes a false statement or

misrepresentation to obtain economic development benefits, is guilty of a Class D

felony. Also, under the bill, if a person, or the person's authorized agent on behalf

of that person, intentionally commits such economic development benefits fraud, the

person, including all affiliates and successors, is ineligible for economic development

benefits from WEDC for seven years from the date on which the fraudulent act was

committed.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: C. Larson (D) , Erpenbach (D) , Hansen (D) , L. Taylor (D) , Ringhand (D) , Risser (D) , Vinehout (D) , Wirch (D)

17 cosponsors

Berceau (D) , Brostoff (D) , C. Taylor (D) , Danou (D) , Hebl (D) , Hesselbein (D) , Johnson (D) , Kahl (D) , Kolste (D) , Ohnstad (D) , Sargent (D) , Shankland (D) , Sinicki (D) , Spreitzer (D) , Subeck (D) , Wachs (D) , Zamarripa (D)

Full history

  1. Dec 3, 2015 · Senate

    Introduced by Senators Hansen, Ringhand, Vinehout, C. Larson, Risser, Wirch, Erpenbach and L. Taylor; cosponsored by Representatives Shankland, C. Taylor, Berceau, Brostoff, Danou, Hebl, Hesselbein, Johnson, Kahl, Kolste, Ohnstad, Sargent, Sinicki, Spreitzer, Subeck, Wachs and Zamarripa

  2. Dec 3, 2015 · Senate

    Read first time and referred to Committee on Economic Development and Commerce

  3. Dec 18, 2015 · Senate

    Fiscal estimate received

  4. Apr 13, 2016 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1