Date of enactment: March 21, 2024
2023 Assembly Bill 932 Date of publication*: March 22, 2024
2023 WISCONSIN ACT 144
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-
cation criteria to be a qualified new business venture.
The people of the state of Wisconsin, represented in
senate and assembly, do enact as follows:
SECTION 1. 238.15 (1) (f) 1. of the statutes is
repealed.
SECTION 2. 238.15 (1) (f) 1m. of the statutes is cre-
ated to read:
238.15 (1) (f) 1m. It is engaged in, or has committed
to engage in, innovation, if the innovation involves the
development of a differentiating technology, product,
service, or production process.
SECTION 3.0Initial applicability.
(1) This act first applies to a business that is first certi-
fied under s. 238.15 (1) on the effective date of this sub-
section.
* 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
partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication.”