| 4 | 4 | | AN ACT to repeal 238.15 (1) (f) 1.; and to create 238.15 (1) (f) 1m. of the statutes; relating to: modifying the certifi- |
|---|
| 5 | 5 | | cation criteria to be a qualified new business venture. |
|---|
| 6 | 6 | | The people of the state of Wisconsin, represented in |
|---|
| 7 | 7 | | senate and assembly, do enact as follows: |
|---|
| 8 | 8 | | SECTION 1. 238.15 (1) (f) 1. of the statutes is |
|---|
| 9 | 9 | | repealed. |
|---|
| 10 | 10 | | SECTION 2. 238.15 (1) (f) 1m. of the statutes is cre- |
|---|
| 11 | 11 | | ated to read: |
|---|
| 12 | 12 | | 238.15 (1) (f) 1m. It is engaged in, or has committed |
|---|
| 13 | 13 | | to engage in, innovation, if the innovation involves the |
|---|
| 14 | 14 | | development of a differentiating technology, product, |
|---|
| 15 | 15 | | service, or production process. |
|---|
| 16 | 16 | | SECTION 3.0Initial applicability. |
|---|
| 17 | 17 | | (1) This act first applies to a business that is first certi- |
|---|
| 18 | 18 | | fied under s. 238.15 (1) on the effective date of this sub- |
|---|
| 19 | 19 | | section. |
|---|
| 20 | 20 | | * Section 991.11, WISCONSIN STATUTES: Effective date of acts. “Every act and every portion of an act enacted by the legislature over the governor’s |
|---|
| 21 | 21 | | partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication.” |
|---|