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Wisconsin Legislature: SB806: Bill Text
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SB806: Bill Text
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2025 - 2026 LEGISLATURE
LRB-5328/1
MDE:cdc
2025 SENATE BILL 806
January 2, 2026 - Introduced by Senators
Roys
,
Drake
,
Habush Sinykin
,
Hesselbein
,
Larson
,
Ratcliff
,
Spreitzer
and
Wirch
, cosponsored by Representatives
Joers
,
Vining
,
Anderson
,
Arney
,
Billings
,
Brown
,
DeSmidt
,
Doyle
,
Fitzgerald
,
Hong
,
Hysell
,
Kirsch
,
McCarville
,
Miresse
,
Palmeri
,
Prado
,
Rivera-Wagner
,
Roe
,
Sinicki
,
Snodgrass
,
Stroud
,
Stubbs
,
Subeck
,
Taylor
,
Tenorio
,
Udell
and
Mayadev
. Referred to Committee on Government Operations, Labor and Economic Development.
SB806,1,2
1
An Act
to create
20.192 (1) (br) and 238.129 of the statutes;
relating to:
main
2
street bounceback grants and making an appropriation.
Analysis by the Legislative Reference Bureau
This bill appropriates $25,000,000 in general purpose revenue in each year of the 2025-27 fiscal biennium for the Wisconsin Economic Development Corporation to award grants to provide assistance to businesses opening a new location or expanding operations in a vacant commercial space. WEDC already administered such a program, which was nonstatutory, with federal American Rescue Plan Act (ARPA) funding. Under the bill, WEDC must establish eligibility requirements and other policies and procedures for grants awarded under the bill that are substantially similar to the eligibility requirements and policies and procedures in effect on June 30, 2023, for the Wisconsin Tomorrow Main Street Bounceback Grant program administered by WEDC. Additionally, WEDC may not award a grant under the bill to a nonprofit organization.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SB806,1
1
Section
1
.
20.005 (3) (schedule) of the statutes: at the appropriate place,
2
insert the following amounts for the purposes indicated:
-
See PDF for table
SB806,2
8
Section
2
.
20.192 (1) (br) of the statutes is created to read:
SB806,2,10
9
20.192
(1)
(br)
Main street bounceback grants.
The amounts in the schedule
10
for grants awarded under s. 238.129.
SB806,3
11
Section
3
.
238.129 of the statutes is created to read:
SB806,2,15
12
238.129
Main street bounceback grants.
(1)
Grants.
From the
13
appropriation under s. 20.192 (1) (br), the corporation may award grants to provide
14
assistance to businesses opening a new location or expanding operations in a vacant
15
commercial space.
SB806,2,20
16
(2)
Eligibility.
(a) Subject to par. (b), the corporation shall establish
17
eligibility requirements and other policies and procedures for the grants awarded
18
under sub. (1) that are substantially similar to the eligibility requirements and
19
policies and procedures in effect on June 30, 2023, for the Wisconsin Tomorrow
20
Main Street Bounceback Grant program administered by the corporation.
SB806,2,22
21
(b) The corporation may not award a grant under this section to a nonprofit
22
organization.
SB806,2,23
23
(end)
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proposaltext/2025/REG/SB806
section
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