AB672: Bill Text

AB672,5,16 1. To expand its operations statewide.

AB672,5,18 2. To establish physical office locations in the 5 counties that have the highest foreclosure rates per capita on the effective date of this subdivision.

AB672,5,19 3. To provide services related to foreclosure prevention and tenant mediation.

AB672,5,22 (b) The Tenant Resource Center submits a plan to department of agriculture, trade and consumer protection detailing the proposed use of the grant proceeds and the secretary of agriculture, trade and consumer protection approves the plan.

AB672,6,2 (c) The Tenant Resource Center enters into a written agreement with the department of agriculture, trade and consumer protection that specifies the conditions for the use of the grant proceeds, including reporting and auditing requirements.

AB672,6,5 (d) The Tenant Resource Center agrees in writing to submit to the department of agriculture, trade and consumer protection, within 6 months after spending the full amount of the grant proceeds, a report detailing how the proceeds were used.

AB672, s. 9117 Section 9117. Nonstatutory provisions; Financial Institutions.

AB672,6,7 (1) Grants from national mortgage settlement funds.

AB672,6,8 (a) In this subsection:

AB672,6,9 1. "Department" means the department of financial institutions.

AB672,6,11 2. "Governmental body" has the meaning given in section 19.82 (1) of the statutes.

AB672,6,13 3. "Nonprofit organization" has the meaning given in section 108.02 (19) of the statutes.

AB672,6,19 (b) From the appropriation under section 20.144 (1) (b) of the statutes, as created by this act, in the 2011-13 fiscal biennium, the department shall award grants to assist nonprofit organizations and governmental bodies for the purpose of foreclosure mediation and foreclosure prevention. To the extent possible, these grants shall be funded from this state's share of proceeds from the national mortgage settlement on or about February 9, 2012, that are deposited into the general fund.

AB672,6,22 (c) The department shall establish a form and procedure for grant applications, standards for grant eligibility, and procedures and criteria for evaluating applications and awarding grants under this subsection.

AB672, s. 9145 Section 9145. Nonstatutory provisions; Supreme Court.

AB672,7,8 (1) Foreclosure mediation program grant. From the appropriation under section 20.680 (2) (dy) of the statutes, as created by this act, the director of state courts shall make a grant in the amount of $1,000,000 to the Milwaukee Foreclosure Mediation Program to be used for the general operating expenses of the program. The Milwaukee Foreclosure Mediation Program shall enter into a written agreement with the director of state courts that specifies the conditions for the use of the grant proceeds, including reporting and auditing requirements, and under which the Milwaukee Foreclosure Mediation Program agrees to submit to the director of state courts, within 6 months after spending the full amount of the grant proceeds, a report detailing how the proceeds were used.

AB672, s. 9155 Section 9155. Nonstatutory provisions; Other.

AB672,7,11 (1) Required general fund balance. Section 20.003 (4) (gc) of the statutes does not apply to the action of the legislature in enacting this act.

AB672, s. 9208 Section 9208. Fiscal changes; Children and Families.

AB672,7,19 (1) Emergency assistance. In the schedule under section 20.005 (3) of the statutes for the appropriation to the department of children and families under section 20.437 (2) (dz) of the statutes, as affected by the acts of 2011, the dollar amount is increased by $10,000,000 for the second fiscal year of the fiscal biennium in which this subsection takes effect to provide aid under section 49.138 of the statutes to eligible persons who are homeless or facing impending homelessness due to foreclosure or natural disaster.

AB672, s. 9253 Section 9253. Fiscal changes; Veterans Affairs.

AB672,8,2 (1) Housing and foreclosure assistance. In the schedule under section 20.005 (3) of the statutes for the appropriation to the department of veterans affairs under section 20.485 (2) (b) of the statutes, as affected by the acts of 2011, the dollar amount is increased by $3,000,000 for the first fiscal year of the fiscal biennium in which this subsection takes effect to increase funding for the purposes for which the appropriation is made.

AB672, s. 9400 Section 9400. Effective dates; general. Except as otherwise provided in Sections 9403 to 9445 of this act, this act takes effect on the day after publication.

AB672, s. 9403 Section 9403. Effective dates; Agriculture, Trade and Consumer Protection.

AB672,8,7 (1) Tenant Resource Center grant. The repeal of section 20.115 (1) (dy) of the statutes takes effect on July 1, 2013.

AB672, s. 9417 Section 9417. Effective dates; Financial Institutions.

AB672,8,10 (1) Grants by the department of financial institutions. The repeal of sections 20.144 (1) (b) and 227.01 (13) (zz) of the statutes takes effect on July 1, 2013.

AB672, s. 9445 Section 9445. Effective dates; Supreme Court.

AB672,8,13 (1) Foreclosure mediation program grant. The repeal of section 20.680 (2) (dy) of the statutes takes effect on July 1, 2013.

AB672,8,14 (End)