Creating a grant program to cover tuition and fees for resident students enrolled in technical colleges and University of Wisconsin System college campuses, eliminating the manufacturing tax credit, granting rule-making authority, and making an appropriation. (FE)

A recipient of an initial grant may renew the grant in the following academic year if the recipient has maintained enrollment and a cumulative grade point average of at least 2.0 and again enrolls in an eligible postsecondary institution in the following academic year and completes the FAFSA. HEAB must establish requirements for community service by grant recipients, and a grant may not be renewed unless the grant recipient has satisfied these community service requirements. After a student has met all requirements for an associate degree or diploma in the student's program, the student is no longer eligible for the grant. Under the bill, HEAB must submit to the legislature certain reports relating to the program.

Under current law, a person may claim a tax credit based on the person's qualified production activities income derived from manufacturing or agriculture in this state. The bill provides that, for taxable years beginning after December 31, 2017, a person may not claim the tax credit for income that is derived from manufacturing.