COMMUNITY
DEVELOPMENT FINANCIAL INSTITUTIONS - Tribal
Description: Provides
financial assistance, technical assistance, training and outreach programs designed
to benefit Native American, Native Hawaiian, and Alaskan Native communities.
Programs are provided primarily through qualified community development lender
organizations with experience and expertise in community development banking
and lending in Indian country, Native American organizations, tribes and tribal
organizations and other suitable providers.
Funding
Mechanism: Funding
is in the US Department of Treasury.
State
Agency: Administration,
Department of
State Contact Name:
Brian
Vigue
State
Contact Phone: (608) 267-1824
State Contact E-Mail: brian.vigue@wisconsin.gov
Eligible
Entities:
Businesses Other Tribal
Government
Responsibility for Implementation: Federal
Federal Agency: Treasury, Department of
Federal Web Site: http://www.cdfifund.gov/what_we_do/programs_id.asp?programID=3
DISTANCE
LEARNING, TELEMEDICINE & BROADBAND GRANTS
Description: Provides
funding for broadband projects in rural areas. Priority is given to projects
that benefit areas that do not have broadband service and that would result in
more choices in providers for rural areas. Projects must be located in an areas
where at least 75 percent of the area is without sufficient access to broadband
service, as determined by the Secretary of Agriculture.
Funding
Mechanism: This
program is administered by USDA Rural Utilities Service through a competitive
selection process. Detailed program information and application materials are
not yet available.
At the federal level, Rural Utility Service, under the USDA, shares
responsibility for broadband implementation with the NTIA and the Federal
Communications Commission (FCC). These agencies are currently working to
develop common approaches to implementation of broadband funding under the
Recovery Act.
As the next step in this effort, USDA, NTIA and the FCC are hosting the first
of several Public Meetings on March 10, 2009. In addition, the agencies will
publish guidance in the Federal Register on how the public can provide input
into the delivery of our programs. More information will be available on http://www.recovery.gov.
State
Agency:
Public
Service
Commission
State
Contact Name:
Gary
Evenson
State
Contact Phone: (608) 266-6744
State Contact E-Mail: gary.evenson@psc.state.wi.us
State Web Site: http://psc.wi.gov/recoveryAct/index-recoveryAct.htm
Eligible
Entities:
Businesses Individuals Local
Government Non-Profit Organizations State
Government Tribal Government
Responsibility for Implementation: Federal
Federal Agency: Agriculture, Dept. of
Federal Contact Name: Steve Coyner, Rural Utilities Service
Federal Contact Phone: (715) 833-2415
Federal Contact E-Mail: steve.coyner@usda.gov
Federal Web Site: http://www.usda.gov/rus/
ECONOMIC
DEVELOPMENT ADMINISTRATION (EDA) FUNDING - Economic Adjustment
Assistance Program
Description: Provides
funding for a wide range of technical, planning and infrastructure assistance
in regions experiencing adverse economic changes that may occur suddenly or
over time.
Funding
Mechanism: Competitive
grants through the US Department of Commerce.
State
Agency: Commerce,
Department of
State Contact Name:
Amy
Young
Cumblad
State
Contact Phone: (608) 266-2688
State Contact E-Mail: amy.cumblad@wi.gov
Eligible
Entities:
Businesses Local Government Non-Profit
Organizations State Government Tribal
Government Universities
Responsibility for Implementation: Federal
Federal Agency: Commerce, Dept. of
Federal Web Site: http://www.eda.gov
INDUSTRIAL
DEVELOPMENT BONDS
Description: Tax-exempt
private activity bonds for manufacturing. Expands definition of manufacturing
to production of intangible property. Also clarifies what is in a manufacturing
facility.
Funding
Mechanism: The
Wisconsin Department of Commerce approves projects eligible to receive volume
cap allocation. No additional bonding authority or volume cap.
State
Agency: Commerce,
Department of
State Contact Name:
Steve
Sabatke
State
Contact Phone: (608) 267-0762
State Contact E-Mail: steven.sabatke@wi.gov
State Web Site: http://commerce.wi.gov/BD/BD-IRB.html
Eligible
Entities:
Businesses
Responsibility for Implementation:
Federal State
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
SMALL
BUSINESS ADMINISTRATION - 7(a) Loan Program
Description: Helps small businesses
obtain financing where they might not be eligible through normal lending
channels-changes to program are reduction/elimi nation of fees; increase in
loan guarantee to as much as 90%.
Funding
Mechanism: For-profit
businesses that meet SBA size standards; show good character, credit,
management and ability to pay may apply through an SBA-approved lender. 90%
guarantee and reduction/elmination of fees not yet available.
State
Agency: Commerce,
Department of
State Contact Name: Amy Young Cumblad
State Contact Phone: (608) 266-2688
State Contact E-Mail: amy.cumblad@wi.gov
Responsibility for Implementation: Federal
Federal Agency: Small Business Administration
Federal Contact Name: Cindy Merrigan
Federal Contact Phone: (608) 441-5560
Federal Contact E-Mail: cindy.merrigan@sba.gov
Federal Web Site: http://www.sba.gov/services/financialassistance/sbaloantopics/7a/index.html
SMALL
BUSINESS ADMINISTRATION - Business Stabilization Loans
Description: Provides
deferred payment loans of up to $35,000 to make payments on existing,
qualifying loan for up to six months. 100% guaranteed by SBA. Repayment begins
12 months after loan is disbursed.
Funding
Mechanism: For-profit
businesses that meet SBA size standards and eligible business type may apply.
State
Agency: Commerce,
Department of
State Contact Name:
Amy
Young
Cumblad
State
Contact Phone: (608) 266-2688
State Contact E-Mail: amy.cumblad@wi.gov
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Small Business Administration
Federal Contact Name: Cindy Merrigan
Federal Contact Phone: (608) 441-5560
Federal Contact E-Mail: cindy.merrigan@sba.gov
Federal Web Site: http://www.sba.gov
SMALL
BUSINESS ADMINISTRATION - Microloans
Description: Provides loans
of $500 to $35,000 to businesses and not for profit child care centers.
Funding
Mechanism: Loans
are made by nonprofit intermediaries - six microlenders statewide may take
applications. Eligible entities show good character, credit, management and
ability to pay.
State
Agency: Commerce,
Department of
State Contact Name:
Amy
Young
Cumblad
State
Contact E-Mail: amy.cumblad@wi.gov
Eligible
Entities:
Businesses Non-Profit Organizations
Responsibility for Implementation: Federal
Federal Agency: Small Business Administration
Federal Contact Name: Cindy Merrigan
Federal Contact Phone: (608) 441-5560
Federal Contact E-Mail: cindy.merrigan@sba.gov
Federal Web Site: http://www.sba.gov/localresources/district/wi/financing/WI_WIMICRO.html
SMALL
BUSINESS ADMINISTRATION - 504 Program
Description: Provides long
term, fixed rate financing for real estate, or machinery and equipment. Changes
to program are allowing refinancing and reduction of fees.
Funding
Mechanism: For-profit
businesses that show good character, credit, management and ability to pay may
apply through a certified development corporation. Reduction of fees and
allowance of refinancing is not yet available.
State
Agency: Commerce,
Department of
State Contact Name:
Amy
Young
Cumblad
State
Contact Phone: (608) 266-2688
State Contact E-Mail: amy.cumblad@wi.gov
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Small Business Administration
Federal Contact Name: Cindy Merrigan
Federal Contact Phone: (608) 441-5560
Federal Contact E-Mail: cindy.merrigan@sba.gov
Federal Web Site: http://www.sba.gov/localresources/district/wi/financing/index.html
USDA
FARM SERVICE AGENCY LOANS - Direct Farm Operating Loans
Description: Provides
funding for direct farm operating loans.
Funding
Mechanism: Formula
allocation. Wisconsin FSA will receive a state allocation to make direct
operating loans to farmers.
State
Agency: Agriculture,
Trade & Consumer Protection, Dept. of
State Contact Name: Frank Friar
State Contact Phone: (800) 942-2474
State Contact E-Mail: Frank.Friar@wisconsin.gov
State Web Site: http://www.datcp.state.wi.us/
Eligible
Entities:
Businesses Individuals
Responsibility for Implementation: Federal
Federal Agency: Agriculture, Dept. of
Federal Contact Name: Ray Ellenberger (ext. 103)
Federal Contact Phone: (608) 662-4422
Federal Contact E-Mail: ray.ellenberger@wi.usda.gov
Federal Web Site: http://www.usda.gov/fsa
USDA
RURAL DEVELOPMENT - Business and Industry Loan Program
Description: Provides loan
guarantees to rural business and industry to bolster existing private credit
structure through the guarantee of quality loans to improve, develop, or
finance business, industry, and employment, and to improve the economic and
environmental climate in rural communities.
Loan purposes include purchase and expansion of land, equipment, buildings,
working capital, aquaculture, commercial nurseries, tourist and recreation
facilities, hotels, motels, community facility projects, housing development sites,
apartment buildings and the purchase of stock in a cooperative where
commodities are being produced by the members for processing by the
cooperative. Loan funds cannot be used for lines of credit, gambling, golf
courses, and agricultural production over $1 million or more than 50% of a
project and when not part of an integrated agriculture processing business.
Projects must be located in rural areas or in cities or villages with
populations less than 50,000.
Funding
Mechanism: USDA
Rural Development allocates funds to states based on historical use of the
program.
Wisconsin will
receive a state allocation of the national total.
Contact the Wisconsin
Rural Development office for details.
State
Agency: Agriculture,
Trade & Consumer Protection, Dept. of
State Contact Name:
Will
Hughes
State
Contact Phone: (608) 224-5142
State Contact E-Mail: Will.Hughes@wisconsin.gov
State Web Site: http://www.datcp.state.wi.us
Eligible
Entities:
Businesses Individuals
Responsibility for Implementation: Federal
Federal Agency: Agriculture, Dept. of
Federal Contact Name: Mark Brodziski
Federal Contact Phone: (715) 345-7615
Federal Contact E-Mail: Mark. Brodziski@wi.usda.gov
Federal Web Site: http://www.rurdev.usda.gov/wi/programs/rbs/biguartd.htm
ADVANCED
RESEARCH PROJECTS GRANTS - ARPA-E
Description: Provides
funding to the Department of Energy's Advanced Research Projects Agency (ARPA-E)
to support high-risk and high-payoff research and to accelerate innovation for
traditional and alternative energy sources.
Funding
Mechanism: Administered
by the U.S. Department of Energy through a competitive grant program. Detailed
program information and application materials are not yet available.
State
Agency: Office
of
Energy
Independence
State
Contact Name:
David
Jenkins
State
Contact Phone: (608) 264-7651
State Contact E-Mail: davidj.jenkins@wisconsin.gov
State Web Site: http://power.wisconsin.gov/
Eligible
Entities:
Businesses Individuals
Non-Profit Organizations State Government
Universities
Responsibility for Implementation: Federal
Federal Agency: Energy, Dept. of
Federal Web Site: http://www.energy.gov/sciencetech/index.htm
BROADBAND
TECHNOLOGY OPPORTUNITIES PROGRAM - Infrastructure Grants
Description: Provides
funding to improve broadband service in underserved and unserved areas.
Funding
Mechanism: This
program is administered by the National Telecommunications and Information Agency
(NTIA) under the U.S. Department of Commerce. Funding will be made available
competitively as matching grants to eligible entities. Detailed program
information and application materials are not yet available.
At the federal level, the Rural Utility Service, under the USDA, shares
responsibility for broadband implementation with the NTIA and the Federal
Communications Commission (FCC). These agencies are currently working to
develop common approaches to implementation of broadband funding under the
Recovery Act.
As the next step in this effort, USDA, NTIA and the FCC are hosting the first
of several Public Meetings on March 10, 2009. In addition, the agencies will
publish guidance in the Federal Register on how the public can provide input
into the delivery of our programs. More information will be available on http://www.recovery.gov.
State
Agency:
Public
Service
Commission
State
Contact Name:
Gary
Evenson
State
Contact Phone: (608) 266-6744
State Contact E-Mail: gary.evenson@psc.state.wi.us
State Web Site: http://psc.wi.gov/recoveryAct/index-recoveryAct.htm
Eligible
Entities:
Businesses Individuals Local
Government Non-Profit Organizations
Other State Government Tribal
Government Universities
Responsibility for Implementation: Federal
Federal Agency: Commerce, Dept. of
Federal Contact Name: Barbara Brown, National
Telecommunications and Information Agency
Federal Contact Phone: (202) 482-4374
Federal Contact E-Mail: bbrown@ntia.doc.gov
Federal Web Site: http://www.ntia.doc.gov/
BROADBAND
TECHNOLOGY OPPORTUNITIES PROGRAM - Sustainable Adoption Grants
Description: Provides
funding for innovative programs to encourage sustainable adoption of broadband
service.
Funding
Mechanism: This
program is administered by the National Telecommunications and Information
Agency (NTIA) under the U.S. Department of Commerce. Funding will be made
available competitively as matching grants to eligible entities. Detailed
program information and application materials are not yet available.
At the federal level, the Rural Utility Service, under the USDA, shares
responsibility for broadband implementation with the NTIA and the Federal
Communications Commission (FCC). These agencies are currently working to
develop common approaches to implementation of broadband funding under the
Recovery Act.
As the next step in this effort, USDA, NTIA and the FCC are hosting the first
of several Public Meetings on March 10, 2009. In addition, the agencies will
publish guidance in the Federal Register on how the public can provide input
into the delivery of our programs. More information will be available on http://www.recovery.gov.
State
Agency:
Public
Service
Commission
State
Contact Name:
Gary
Evenson
State
Contact Phone: (608) 266-6744
State Contact E-Mail: gary.evenson@psc.state.wi.us
State Web Site: http://psc.wi.gov/recoveryAct/index-recoveryAct.htm
Eligible
Entities:
Businesses Individuals Local
Government Non-Profit Organizations
Other State Government Tribal
Government
Responsibility for Implementation: Federal
Federal Agency: Commerce, Dept. of
Federal Contact Name: Barbara Brown, National
Telecommunications and Information Agency
Federal Contact Phone: (202) 482-4374
Federal Contact E-Mail: bbrown@ntia.doc.gov
Federal Web Site: http://www.ntia.doc.gov/
BROADBAND
TECHNOLOGY OPPORTUNITIES PROGRAM - State Broadband Data and
Development Grants
Description: Provides
funding for developing and maintaining a statewide broadband inventory and map,
as authorized in the Broadband Data Services Improvement Act (P.L. 110-385).
State maps will be incorporated into a national broadband inventory within two
years.
Funding
Mechanism: Funding
for this program will be distributed through competitive grants to state
governments or to a single entity designated by a state government to complete
a comprehensive map and inventory of broadband availability. Detailed program
information and application materials are not yet available.
At the federal level, the Rural Utility Service, under the USDA, shares
responsibility for broadband implementation with the NTIA and the Federal
Communications Commission (FCC). These agencies are currently working to
develop common approaches to implementation of broadband funding under the
Recovery Act.
As the next step in this effort, USDA, NTIA and the FCC are hosting the first
of several Public Meetings on March 10, 2009. In addition, the agencies will
publish guidance in the Federal Register on how the public can provide input
into the delivery of our programs. More information will be available on http://www.recovery.gov.
State
Agency:
Public
Service
Commission
State
Contact Name:
Gary
Evenson
State
Contact Phone: (608) 266-6744
State Contact E-Mail: gary.evenson@psc.state.wi.us
State Web Site: http://psc.wi.gov/recoveryAct/index-recoveryAct.htm
Eligible
Entities:
Businesses Local Government
Non-Profit Organizations State Government
Responsibility for Implementation: State
Federal Agency: Commerce, Dept. of
Federal Contact Name: Barbara Brown, National
Telecommunications and Information Agency
Federal Contact Phone: (202) 482-4374
Federal Contact E-Mail: bbrown@ntia.doc.gov
Federal Web Site: http://www.ntia.doc.gov/
NATIONAL
SCIENCE FOUNDATION - Energy Efficiency Demonstration and Research
Description: Provides funding
for research related to improvements in energy efficiency, transmission,
regulation and storage of electricity for use on military installations,
including research on renewables.
Funding
Mechanism: NSF
will provide competitive grants for eligible projects. Detailed program
information and application materials are not yet available.
State
Agency: Office
of
Energy
Independence
State
Contact Name:
Dave
Jenkins
State
Contact Phone: (608) 264-7651
State Contact E-Mail: davidj.jenkins@wisconsin.gov
State Web Site: http://power.wisconsin.gov/
Eligible
Entities:
Businesses Individuals State Government
Universities
Responsibility for Implementation: Federal
Federal Agency: National Science Foundation
Federal Web Site: http://www.nsf.gov/funding/
NATIONAL
SCIENCE FOUNDATION - Research and Related Activities
Description: Provides
funding for fundamental science and engineering research that advances
discovery and spurs innovation.
Funding
Mechanism: NSF
will distribute funding through competitive grants. Within this amount, $300,000,000
shall be available solely for the major research instrumentation program and
$200,000,000 shall be available for activities authorized by title II of Public
Law 100-570 for academic facilities modernization.
State
Agency:
University of
Wisconsin
System
Eligible
Entities:
Businesses Individuals
Other State Government
Universities
Responsibility for Implementation: Federal
Federal Agency: National Science Foundation
Federal
Web Site: http://www.nsf.gov/funding/
ADVANCED
BATTERY
MANUFACTURING LOANS AND GRANTS
Description: Provides
funding for the manufacture of advanced batteries and components, including
advanced lithium ion batteries, hybrid electric systems, component
manufacturers and software designers.
Funding
Mechanism: The
U.S. Department of Energy will make competive loans and grants. Detailed
program information and application materials are not yet available.
State
Agency: Commerce,
Department of
State Contact Name:
Amy
Young
Cumblad
State
Contact Phone: (608) 266-2688
State Contact E-Mail: amy.cumblad@wi.gov
Eligible
Entities:
Businesses Individuals
Responsibility for Implementation: Federal
Federal Agency: Energy, Dept. of
Federal Web Site: http://www.doe.gov
ALTERNATIVE FUEL VEHICLE REFUELING CREDIT
Description: Temporarily
increases the credit rate for alternative-fuel vehicle refueling property to
50%; increase to $50,000 business property, $2,000 non-business.
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses Individuals
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
Federal Amount: $54,000,000.00
ALTERNATIVE
FUELED VEHICLES PILOT PROGRAM
Description: Provides
funding through the U.S. Department of Energy Clean Cities program to encourage
the use of plug-in electric drive vehicles or other emerging electric vehicle
technologies. Grants may be used for the acquisition of alternative-fuel
vehicles, fuel-cell vehicles, or hybrid vehicles including buses for public
transportation and ground transportation at airports.
Funding
Mechanism:
U.S.
Department of Energy may make competitive grants for up to 30 geographically
dispersed pilot projects. Detailed program information and application
materials are not yet available.
State
Agency: Office
of
Energy
Independence
State
Contact Name:
David
Jenkins
State
Contact Phone: (608) 264-7651
State Contact E-Mail: davidj.jenkins@wisconsin.gov
State Web Site: http://power.wisconsin.gov/
Eligible
Entities:
Businesses Individuals Local
Government Other State Government
Responsibility for Implementation: Federal
Federal Agency: Energy, Dept. of
Federal Web Site: http://www1.eere.energy.gov/cleancities/
CLEAN
RENEWABLE ENERGY BONDS
Description: Authorizes additional
clean renewable energy bonds to finance facilities that generate electricity
from the following resources: wind, closed-loop biomass, open-loop biomass,
geothermal, small irrigation, hydropower, landfill gas, marine renewable and
trash combustion facilities.
Funding
Mechanism: Authorizes
an additional $1.6 billion in bonding, of which: 1/3 will be available for
qualifying projects of state, local, and tribal governments, 1/3 for qualifying
projects of public power providers and 1/3 for qualifying projects of electric
cooperatives.
State
Agency: Commerce,
Department of
State Contact Name:
Steve
Sabatke
State
Contact Phone: (608) 267-0762
State Contact E-Mail: steven.sabatke@wi.gov
Eligible
Entities:
Businesses Individuals Local
Government Other State Government
Tribal Government
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
ELECTRICITY
DELIVERY AND ENERGY RELIABILITY - Smart Grid Infrastructure Grants
Description: Provides
funding to modernize the nation's electricity transmission and distribution
systems to maintain reliability and infrastructure protection. Smart grid
refers to a distribution system that allows for communication between a
customer's meter and the utility, including communication with thermostats,
appliances, and other devices. It also includes operation and efficiency
measures. This program is intended to encourage utility investment in smart
grid technologies.
Funding
Mechanism: Matching
grant program administered by the U.S. Department of Energy. Grants available
for up to 50 percent of the cost of qualifying investments. Detailed program
information and application materials are not yet available, but DOE announced
its intention to issue a Funding Opportunity Announcement ("FOA")
under the heading, "Smart Grid Demonstrations." The program would
provide funding under cooperative agreement arrangements for "regionally
unique" projects in three general categories: Regional Smart Grid
Demonstrations, Utility-Scale Energy Storage Demonstrations, and Regional
Synchrophasor Demonstrations. DOE hopes to fund projects that quantify the
costs and benefits of the various technologies, verify their viability, and
validate their business models for deployment around the country.
State
Agency:
Public
Service
Commission
State
Contact Name:
Scot
Cullen
State
Contact Phone: (608) 267-9229
State Contact E-Mail: scot.cullen@psc.state.wi.us
State Web Site: http://psc.wi.gov/recoveryAct/index-recoveryAct.htm
Eligible
Entities:
Businesses Individuals Local
Government Other State Government
Tribal Government
Responsibility for Implementation: Federal
Federal Agency: Energy, Dept. of
Federal Web Site: http://www.oe.energy.gov/smartgrid.htm
ELECTRICITY
DELIVERY AND ENERGY RELIABILITY - Electricity and Energy Worker
Training
Description: Provides funds
to support worker training related to electricity delivery and energy reliability
activities that modernize the electric grid; enhance security and reliability
of energy infrastructure; conduct energy storage research, development,
demonstration, and deployment; and facilitate recovery from disruptions to the
energy supply, and for implementation of programs authorized under title XIII
of the Energy Independence and Security Act of 2007.
Funding
Mechanism: Detailed
program information and application materials are not yet available, but the
funding opportunities announcement (FOA) is expected to be released by March
17th.
State
Agency: Workforce
Development, Department of
State Contact Name:
Ron
Danowski
State
Contact Phone: (608) 266-3485
State Contact E-Mail: Ron.danowski@dwd.wisconsin.gov
State Web Site: http://dwd.wisconsin.gov/det/
Eligible
Entities:
Businesses Individuals
Non-Profit Organizations Other
State Government Technical Colleges
Responsibility for Implementation: Federal
Federal Agency: Energy, Dept. of
Federal Web Site: http://www.oe.energy.gov
ENERGY
EFFICIENCY AND RENEWABLE ENERGY RESEARCH
Description: Provides
funding for research, development, and demonstrations of renewable energy
technologies (including biomass, geothermal, water power, and solar energy) and
energy efficiency demonstrations for industrial and commercial practices (such
as combined heat and power projects). Grants may also be used to accelerate
research and development for advanced batteries necessary for the conversion to
electric vehicles and the storage of energy to increase the effectiveness of
renewable energy projects. Specific funding is set aside for projects related
to biomass and geothermal activities.
Funding
Mechanism: Administered
by the U.S. Department of Energy through competitive grants. On March 4, 2009,
DOE issued two FOAs for enhanced geothermal systems. The combined FOAs offer up
to $84 million over six years, with $20 million allocated for the 2009 fiscal
year. Future funding is subject to congressional appropriations. The first FOA
would provide up to $35 million for component research, development, and
analysis to investigate the use of engineered geothermal reservoirs. The second
FOA apportions $49 million for 5-10 domestic enhanced geothermal system
demonstration projects. Detailed information about other grant opportunities is
not yet available.
State
Agency: Office
of
Energy
Independence
State
Contact Name:
Dave
Jenkins
State
Contact Phone: (608) 264-7651
State Contact E-Mail: davidj.jenkins@wisconsin.gov
State Web Site: http://power.wisconsin.gov/
Eligible
Entities:
Businesses Individuals Local
Government Non-Profit Organizations
Other State Government
Technical Colleges Tribal Government
Universities
Responsibility for Implementation: Federal
Federal Agency: Energy, Dept. of
Federal Web Site: http://www.eere.energy.gov/
ENERGY
INVESTMENT CREDIT (SEC 48)
Description: Eliminates the
$4,000 cap for small wind energy property expenses for property placed in
service by 2017.
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
FOSSIL
ENERGY RESEARCH AND DEVELOPMENT
Description: Provides
additional funding to promote the development and use of environmentally and
economically superior technologies for supply, conversion, delivery and
utilization of fossil fuels. Includes funding for the Clean Coal Power
Initiative Round III, industrial carbon capture and energy efficiency projects,
site characterization of geologic formations, geologic sequestration training
and research.
Funding
Mechanism: The
National Energy Technology Laboratory intends to issue, on behalf of the DOE
Office of Fossil Energy, four Funding Opportunity Announcements for improving
techniques to clean or capture and store the emissions from coal-fired power
plants and other industrial sources (e.g., cement plants, chemical plants,
refineries, etc.). The areas of interest include:
·
Geologic Sequestration Training and Research
·
Carbon Capture and Sequestration (CCS) from Industrial Sources
·
Site Characterization of Promising Geologic Formations for CO2 Storage
·
Amendment to Re-Open the FOA "Clean Coal Power Initiative - Round 3"
For more information about the Notice of Intent, visit http://www.fossil.energy.gov/news/techlines/2009/09013-DOE_Issues_Notice_of_Intent.html
State
Agency:
Public
Service
Commission
State
Contact Name:
John
Shenot
State
Contact Phone: (608) 267-3798
State Contact E-Mail: john.shenot@psc.state.wi.us
State Web Site: http://psc.wi.gov/recoveryAct/index-recoveryAct.htm
Eligible
Entities:
Businesses Individuals
Other State Government
Universities
Responsibility for Implementation: Federal
Federal Agency: Energy, Dept. of
Federal Web Site: http://www.fossil.energy.gov/index.html
INNOVATIVE
TECHNOLOGY LOAN GUARANTEE PROGRAM
Description: Provides loan
guarantees for proven renewable energy and transmission technologies, including
nuclear, clean coal and other renewables. Program helps project proponents
obtain capital for the construction of new renewable generation facilities and
to make improvements to the nation's transmission system.
Funding
Mechanism: Administered
by the Department of Energy through a competitive process. Detailed program
information and application materials are not yet available.
State
Agency: Office
of
Energy
Independence
State
Contact Name:
Dave
Jenkins
State
Contact Phone: (608) 264-7651
State Contact E-Mail: davidj.jenkins@wisconsin.gov
State Web Site: http://power.wisconsin.gov/
Eligible
Entities:
Businesses Individuals
Other
Responsibility for Implementation: Federal
Federal Agency: Energy, Dept. of
Federal Web Site: http://www.lgprogram.energy.gov/
INVESTMENT
CREDIT (SEC 45) ELECTION
Description: In lieu of
taking a credit for the production for electricity from alternative sources of
energy at qualified facilities in 2009 and 2010, taxpayers may treat the
facilities as energy property eligible for a 30% investment credit under sec. 48.
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
MANUFACTURING
INVESTMENT TAX CREDIT - Advanced Energy Facilities
Description: Allows a 30%
credit for investments used to produce electricity from qualified energy
resources (wind, biomass, geothermal, solar hydro), or for investments used to
manufacture fuel cells, energy storage for electric/hybrid vehicles, electric
grids for renewable energy or equipment for carbon capture
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
PLUG-IN
ELECTRIC VEHICLE CREDIT
Description: Allows a $2,500
tax credit for the first 200,000 plug-in electric vehicles. The credit is
reduced after the 200,000th vehicle. Low speed vehicles qualify for new credit.
Credit to offset alternative minimum tax for tax years beginning 2010.
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses Individuals
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
RENEWABLE
ELECTRICITY PRODUCTION CREDIT (SEC 45)
Description: Extends tax
credit to allow claims for eligible property placed in service between 2010 to
2013. Internal Revenue Code SEC 45.
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal
Web Site: http://www.irs.gov
WORKFORCE
TRAINING GRANTS FOR HIGH GROWTH AND EMERGING INDUSTRIES - Health Care
Sector
Description: Provides
funding for worker training and placement in high growth and emerging
industries. While a major portion of available funding is for research, labor
exchange and job training projects that prepare individuals for careers in
energy efficiency and renewable energy as defined in the Workforce Investment
Act Energy Efficiency and Renewable Energy Worker Training Program [Section
171(e)(1)(B) of the Workforce Investment Act], other funding may also be
available for projects that prepare workers for careers in the health care
sector.
Funding
Mechanism: Competitive
grants, process not yet specified.
State
Agency: Workforce
Development, Department of
State Contact Name:
Ron
Danowski
State
Contact Phone: (608) 266-3485
State Contact E-Mail: ron.danowski@dwd.wisconsin.gov
State Web Site: http://worknet.wisconsin.gov/worknet/
Eligible
Entities:
Other
Responsibility for Implementation: Federal
Federal Agency: Labor, Dept. of
Federal Web Site: http://www.doleta.gov/grants/
WORKFORCE
TRAINING GRANTS FOR HIGH GROWTH AND EMERGING INDUSTRIES -
Energy Efficiency and Renewable Energy
Description: Provides
funding for worker training and placement in high growth and emerging industries.
A portion of available funding is for research, labor exchange and job training
projects that prepare individuals for careers in energy efficiency and
renewable energy under the WIA Energy Efficiency and Renewable Energy Worker
Training Program [Section 171(e)(1)(B) of the Workforce Investment Act], as
described in the Green Jobs Act of 2007.
Funding
Mechanism: Competitive
grants, process not yet specified.
State
Agency: Workforce
Development, Department of
State Contact Name:
Ron
Danowski
State
Contact Phone: (608) 266-3485
State Contact E-Mail: ron.danowski@dwd.wisconsin.gov
State Web Site: http://worknet.wisconsin.gov/worknet/
Eligible
Entities:
Businesses Individuals
Other State Government
Technical Colleges
Responsibility for Implementation: Federal
Federal Agency: Labor, Dept. of
Federal
Web Site: http://www.doleta.gov/grants/
TAX
RELIEF AND INCENTIVES
SMALL
BUSINESS CAPITAL GAINS
Description: Allow a 75%
exclusion for individuals on the gain from the sale of certain small business stock
held for more than five years. This change is for stock issued after the date
of enactment and before January 1, 2011.
Funding
Mechanism: Lower
federal tax liability.
Wisconsin
provides 100% exclusion for state tax purposes.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
ALTERNATIVE
FUEL VEHICLE REFUELING CREDIT
Description: Temporarily
increases the credit rate for alternative-fuel vehicle refueling property to
50%; increase to $50,000 business property, $2,000 non-business.
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses Individuals
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
BONUS
DEPRECIATION EXTENSION
Description: Extends to 2009
the temporary benefit provided by Congress last year allowing businesses to
recover the costs of capital expenditures made in 2008 more quickly than the
ordinary depreciation schedule. Extends first year 50% bonus depreciation. For
2009 water utility property, computer software, qualified leasehold property.
Extends bonus depreciation through 2010 for transportation property.
Funding
Mechanism: Lower
federal tax liability.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
CANCELLATION
OF DEBT INCOME
Description: Allows certain
businesses to recognize the cancellation of debt income older than 10 years for
specified types of business debt repurchased by the business after December 31,
2008 and before January 1, 2011.
Funding
Mechanism: Lower
federal tax liability
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
CLEAN
RENEWABLE ENERGY BONDS
Description: Authorizes
additional clean renewable energy bonds to finance facilities that generate
electricity from the following resources: wind, closed-loop biomass, open-loop biomass,
geothermal, small irrigation, hydropower, landfill gas, marine renewable and
trash combustion facilities.
Funding
Mechanism: Authorizes
an additional $1.6 billion in bonding, of which: 1/3 will be available for
qualifying projects of state, local, and tribal governments, 1/3 for qualifying
projects of public power providers and 1/3 for qualifying projects of electric
cooperatives.
State
Agency: Commerce,
Department of
State Contact Name:
Steve
Sabatke
State
Contact Phone: (608) 267-0762
State Contact E-Mail: steven.sabatke@wi.gov
Eligible
Entities:
Businesses Individuals Local
Government Other State Government
Tribal Government
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
DE
MINIMUS SAFE HARBOR EXCEPTION
Description: Tax-exempt
interest paid on obligations issued in 2009 and 2010 held by financial
institutions are not taken into account for purposes of determining the portion
of the institution's interest expense disallowance rules.
State
Agency: Financial
Institutions, Department of
State Contact Name:
Catherine
Haberland
State
Contact E-Mail: Cahterine.Haberland@dfi.wisconsin.gov
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
ENERGY
INVESTMENT CREDIT (SEC 48)
Description: Eliminates the
$4,000 cap for small wind energy property expenses for property placed in
service by 2017.
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
INVESTMENT
CREDIT (SEC 45) ELECTION
Description: In lieu of
taking a credit for the production for electricity from alternative sources of
energy at qualified facilities in 2009 and 2010, taxpayers may treat the
facilities as energy property eligible for a 30% investment credit under sec.
48.
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
LOSS
LIMITATION FOR OWNERSHIP CHANGES
Description: Creates an
exception to the IRS Section 382 loss limitations for ownership changes due to
restructuring required under a loan agreement entered into with Treasury under
EESA of 2008 (intended for a rationalization of costs/capitalization and
capacity with respect to a manufacturing workforce).
Funding
Mechanism: Lower
federal tax liability.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal
Web Site: http://www.irs.gov
MANUFACTURING
INVESTMENT TAX CREDIT - Advanced Energy Facilities
Description: Allows a 30%
credit for investments used to produce electricity from qualified energy
resources (wind, biomass, geothermal, solar hydro), or for investments used to
manufacture fuel cells, energy storage for electric/hybrid vehicles, electric
grids for renewable energy or equipment for carbon capture
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
NET
OPERATING LOSS CARRYBACK
Description: Extend the
maximum net operating loss carryback period from two to five years for losses
generated in 2008 for qualified small businesses with gross receipts $15
million or less.
Funding
Mechanism: Lower
federal tax liability.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http//www.irs.gov
NEW
MARKETS TAX CREDITS
Description: For qualified community
development entities that serve low-income communities through investmentss and
loans to businesses and residents of low-income communities. Provides
additional allocations for 2008 and 2009. 2009 credits may offset alternative
minimum tax
Funding
Mechanism: Federal
tax credit.
State
Agency: Wisconsin
Housing and
Economic
Development
Authority
State
Contact Name:
Darren
Easton
State
Contact E-Mail: darren.easton@wheda.com
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal
Web Site: http://www.irs.gov
PRIVATE ACTIVITY BONDS
Description: Interest on new
tax-exempt private activity bonds issued in 2009 and 2010 are not treated as
tax preference item for alternative minimum tax (applies to individuals and
corporations).
Funding
Mechanism: Lower
alternative minimum tax liability.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses Individuals
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
REFUNDABLE
CREDITS IN LIEU OF BONUS DEPRECIATION
Description: Businesses can
claim additional refundable research or alternative minimum tax credits instead
of taking the bonus depreciation. The new federal law will extend this
temporary benefit through 2009.
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
RENEWABLE
ELECTRICITY PRODUCTION CREDIT (SEC 45)
Description: Extends tax
credit to allow claims for eligible property placed in service between 2010 to
2013. Internal Revenue Code SEC 45.
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
S-CORPORATION
BUILT-IN GAINS HOLDING PERIOD
Description: Reduces from
ten to seven years the holding period for built-in gains after a C-corporation
becomes an S-corporation for sales occurring in 2009 and 2010.
Funding
Mechanism: Lower
federal tax liability.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
SMALL
BUSINESS CAPITAL GAINS
Description: Allow a 75%
exclusion for individuals on the gain from the sale of certain small business
stock held for more than five years. This change is for stock issued after the
date of enactment and before January 1, 2011.
Funding
Mechanism: Lower
federal tax liability.
Wisconsin
provides 100% exclusion for state tax purposes.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
SMALL
BUSINESS EXPENSING
Description: In order to
help small businesses quickly recover the cost of certain capital expenses, small
business taxpayers may elect to write off the cost of these expenses in the
year of acquisition in lieu of recovering these costs over time through
depreciation. These benefits are extended through 2009. Small businesses can
write off up to $250,000 in capital expenditures. Phase out of the deduction
begins at $800,000.
Funding
Mechanism: Lower
federal tax liability.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
WORK
OPPORTUNITY
TAX CREDIT
Description: Under current
law, businesses are allowed to claim a work opportunity tax credit equal to 40%
of the first $6,000 of wages paid to employees of one of nine targeted groups.
The new law creates two new targeted groups of prospective employees:
unemployed veterans and disconnected youth (16-25 years old).
Funding
Mechanism: Federal
tax credit.
State
Agency: Revenue,
Department of
Eligible
Entities:
Businesses
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
QUALIFIED
ZONE ACADEMY BONDS
Description: Extends and
expands qualified zone academy bonds (school construction). Authorizes issuance
of $1.4 billion for 2009 and 2010. Bond holders receive a federal tax credit
(in place of interest on the bond).
Funding
Mechanism: Federal
outlay and federal tax credit.
State
Agency: Public
Instruction, Department of
State Contact Name:
Natalie
Rew
State
Contact Phone: (608) 267-9212
State Contact E-Mail: Natalie.rew@dpi.wi.gov
State Web Site: http://www.dpi.state.wi.us/pb/stimuluspackage.html
Eligible
Entities:
Businesses Local Government
Schools or School Districts State
Government
Responsibility for Implementation: Federal
Federal Agency: Education, Dept. of
Federal Web Site: http://www.ed.gov/programs/qualifiedzone/index.html
SCHOOL
CONSTRUCTION BONDS
Description: Allows issuance
of $5 billion for school construction bonds-- 60% of allocation will go to
states and 40% to large school districts. Each state is guaranteed 1.68% of
states' share. Bond holders receive a federal tax credit (in place of interest
on bond).
Funding
Mechanism: Federal
outlay and federal tax credit.
State
Agency: Public
Instruction, Department of
State Contact Name:
Natalie
Rew
State
Contact Phone: (608) 267-9212
State Contact E-Mail: natalie.rew@dpi.wi.gov
Eligible
Entities:
Businesses Local Government
Schools or School Districts State
Government
Responsibility for Implementation: Federal
Federal Agency: Internal Revenue Service
Federal Web Site: http://www.irs.gov
