2016 Wisconsin Statutes & Annotations
238. Wisconsin economic development corporation.
238.123 Loan reduction.

WI Stat § 238.123 (2016) What's This?

238.123 Loan reduction.

238.123(1)(1) Except for loans made under sub. (2), the corporation may not originate more than $10,000,000 in new loans in fiscal year 2015-16, may not originate more than $5,000,000 in loans in fiscal year 2016-17, and may not originate any new loan after June 30, 2017.

238.123(2) (2) The corporation may continue to administer its technology development loan program as that program was constituted on January 1, 2015. The corporation may not originate more than $3,000,000 annually in loans under that program, except that all loan amounts funded from federal revenue do not count toward that limit.

History: 2015 a. 55.

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