LRB-2703/1
RC/MS/JK/EM/FK:wlj
2015 - 2016 LEGISLATURE
July 6, 2015 - Introduced by Joint Committee on Finance. Referred to Joint
Committee on Finance.
SB209,2,9 1An Act to repeal 16.004 (21), 16.004 (22), 20.855 (4) (cr), 20.855 (4) (cy), 20.855
2(4) (dr), 66.0615 (1m) (f) 4., 77.983, 77.992, 232.07 (1), 345.28 (4) (g) and 846.17;
3to renumber 229.47; to renumber and amend 59.40 (4) and 232.07 (2); to
4amend
24.605, 24.61 (2) (cm) (intro.), 24.62 (3), 24.67 (1) (intro.), 24.67 (3),
559.52 (28), 66.0603 (1g) (a), 66.1105 (2) (f) 1. (intro.), 66.1105 (2) (f) 2. (intro.),
670.11 (37), 71.93 (8) (b) 1., 74.07, 77.22 (1), 79.035 (5), 229.26 (4), 229.26 (4m),
7229.26 (10), 229.41 (12), 229.42 (4) (intro.), 229.42 (4) (d), 229.42 (4) (e), 229.42
8(4) (f), 229.435, 229.44 (4) (intro.), 229.44 (4) (a), 229.44 (4) (b), 229.44 (4) (c),
9229.44 (4) (d), 229.44 (5), 229.44 (6), 229.477, 229.48 (1) (intro.), 229.48 (1) (a),
10229.48 (1) (b), 229.48 (1) (c), 229.48 (1) (d), 229.48 (1) (e), 229.48 (1m), 229.48
11(2), 229.50 (1) (a) (intro.), 229.50 (1) (d), 229.50 (1) (f), 229.50 (7), 232.05 (3) (a),
12232.05 (3) (b), 345.28 (2) (c), 345.37 (intro.), 846.10 (2), 846.101 (2), 846.102 (1),
13846.103 (1), 846.103 (2) and 893.93 (2) (b); to repeal and recreate 20.835 (6)
14(g), 24.61 (2) (a), 71.93 (8) (c) and 846.16; and to create 16.004 (21), 16.004 (22),

116.58 (3), 20.835 (6), 20.855 (4) (cr), 20.855 (4) (cy), 20.855 (4) (dr), 24.60 (2m)
2(e), 24.61 (3) (a) 14., 24.66 (3y), 24.67 (1) (q), 24.718, 59.40 (4) (b), 59.67, 66.1105
3(2) (f) 1. p., 66.1105 (9) (a) 10., 66.1105 (17) (d), 71.05 (1) (c) 6p., 71.26 (1m) (n),
471.93 (8) (c), 77.54 (62), 79.035 (6), 229.40, 229.41 (9e), 229.41 (11e), 229.41
5(11g), 229.42 (4) (g), 229.42 (4) (h), 229.42 (4e), 229.42 (7) (b) 1m., 229.44 (4) (f),
6229.461, 229.47 (2), 229.48 (7), 229.54, 232.05 (2) (h), 342.41, 345.28 (2) (d),
7349.13 (1d), 349.132, 891.385 and 893.93 (5) of the statutes; relating to:
8constructing a sports and entertainment arena and related facilities and
9making appropriations.
Analysis by the Legislative Reference Bureau
For a comprehensive analysis of this bill, please refer to the July 2, 2015,
memorandum on the Milwaukee Sports Arena, which summarizes the provisions of
2015 LRB-2678/1 and 2015 LRB-2703/1, prepared by the Legislative Fiscal Bureau.
Because this bill relates to an exemption from state or local taxes, it may be
referred to the Joint Survey Committee on Tax Exemptions for a report to be printed
as an appendix to the bill.
For further information see the state and local 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:
SB209,1 10Section 1. 16.004 (21) of the statutes is created to read:
SB209,3,611 16.004 (21) Payment to local exposition district. (a) Annually, as grants, the
12secretary shall remit the amounts appropriated under s. 20.855 (4) (cr) and (dr) to
13a local exposition district created under subch. II of ch. 229 to assist in the
14development and construction of sports and entertainment arena facilities, as
15defined in s. 229.41 (11g). The secretary may not remit moneys under this subsection
16or lapse any moneys under s. 20.835 (6) (g) until the secretary has determined that

1the sponsoring municipality has provided at least $47,000,000 for the development
2and construction of sports and entertainment arena facilities and the local exposition
3district has issued debt to fund the development and construction of sports and
4entertainment arena facilities. The secretary may not remit from the appropriation
5account under s. 20.855 (4) (dr) to a local exposition district more than a cumulative
6total of $80,000,000.
SB209,3,147 (b) The legislature finds and determines that sports and entertainment arena
8facilities, as defined in s. 229.41 (11g), encourage economic development and tourism
9in this state, reduce unemployment in this state, preserve business activities within
10this state, and bring needed capital into this state for the benefit and welfare of
11people throughout the state. It is therefore in the public interest and will serve a
12public purpose, and it is the public policy of this state, to assist a local exposition
13district in the development and construction of sports and entertainment arena
14facilities under subch. II of ch. 229.
SB209,2 15Section 2. 16.004 (21) of the statutes, as created by 2015 Wisconsin Act .... (this
16act), is repealed.
SB209,3 17Section 3. 16.004 (22) of the statutes is created to read:
SB209,3,2218 16.004 (22) Payment to Bradley Center Sports and Entertainment
19Corporation.
During the 2015-17 fiscal biennium, from the appropriation under s.
2020.855 (4) (cy), the secretary may make one or more grants to the Bradley Center
21Sports and Entertainment Corporation, created under ch. 232, for the purpose of
22assisting the corporation in retiring its obligations and any contractual liabilities.
SB209,4 23Section 4. 16.004 (22) of the statutes, as created by 2015 Wisconsin Act .... (this
24act), is repealed.
SB209,5 25Section 5. 16.58 (3) of the statutes is created to read:
SB209,4,2
116.58 (3) The department may provide financial consulting services to a local
2exposition district created under subch. II of ch. 229.
SB209,6 3Section 6. 20.005 (3) (schedule) of the statutes: at the appropriate place, insert
4the following amounts for the purposes indicated: - See PDF for table PDF
SB209,7 5Section 7. 20.835 (6) of the statutes is created to read:
SB209,4,106 20.835 (6) Debt collection. (g) County debt collection. All moneys received
7from debts collected under s. 71.93 (8), pursuant to agreements with counties having
8a population of 750,000 or more and containing a 1st class city under ss. 59.40 (4) (b)
9and 59.67 (2), first to lapse to the general fund $4,000,000 in each fiscal year and then
10to make all payments required under s. 71.93 (8) (c) in each fiscal year.
SB209,8 11Section 8. 20.835 (6) (g) of the statutes, as created by 2015 Wisconsin Act ....
12(this act), is repealed and recreated to read:
SB209,5,3
120.835 (6) (g) County debt collection. All moneys received from debts collected
2under s. 71.93 (8), pursuant to agreements under ss. 59.40 (4) (b) and 59.67 (2), to
3distribute to the counties that certified the debts.
SB209,9 4Section 9. 20.855 (4) (cr) of the statutes is created to read:
SB209,5,65 20.855 (4) (cr) Transfer to local exposition district. The amounts in the schedule
6to make payments to a local exposition district under s. 16.004 (21) (a).
SB209,10 7Section 10. 20.855 (4) (cr) of the statutes, as created by 2015 Wisconsin Act
8.... (this act), is repealed.
SB209,11 9Section 11. 20.855 (4) (cy) of the statutes is created to read:
SB209,5,1210 20.855 (4) (cy) Payment to Bradley Center Sports and Entertainment
11Corporation.
Biennially, the amounts in the schedule for the payment of grants to
12the Bradley Center Sports and Entertainment Corporation under s. 16.004 (22).
SB209,12 13Section 12. 20.855 (4) (cy) of the statutes, as created by 2015 Wisconsin Act
14.... (this act), is repealed.
SB209,13 15Section 13. 20.855 (4) (dr) of the statutes is created to read:
SB209,5,1716 20.855 (4) (dr) Transfer to local exposition district. The amounts in the
17schedule to make payments to a local exposition district under s. 16.004 (21) (a).
SB209,14 18Section 14. 20.855 (4) (dr) of the statutes, as created by 2015 Wisconsin Act
19.... (this act), is repealed.
SB209,15 20Section 15. 24.60 (2m) (e) of the statutes is created to read:
SB209,5,2421 24.60 (2m) (e) It is made to a local exposition district created under subch. II
22of ch. 229 for the purpose of financing acquisition, construction, and equipment costs
23for sports and entertainment arena facilities, as defined in s. 229.41 (11g), and is
24secured by district revenues.
SB209,16 25Section 16. 24.605 of the statutes is amended to read:
SB209,6,7
124.605 Accounts in trust funds for deposit of proceeds from sale of
2certain lands.
The board shall establish in each of the trust funds an account to
3which are credited the proceeds from the sale of any public lands on or after May 3,
42006, that are required by law to be deposited in the funds. Moneys credited to the
5accounts in the funds may only be used to invest in land under s. 24.61 (2) (a) 10. and
6for the payment of expenses necessarily related to investing in land under s. 24.61
7(2) (a) 10.
SB209,17 8Section 17. 24.61 (2) (a) of the statutes is repealed and recreated to read:
SB209,6,129 24.61 (2) (a) Authorized investments by board. The board shall manage and
10invest moneys belonging to the trust funds in good faith and with the care an
11ordinary prudent person in a like position would exercise under similar
12circumstances, in accordance with s. 112.11 (3).
SB209,18 13Section 18. 24.61 (2) (cm) (intro.) of the statutes is amended to read:
SB209,6,1614 24.61 (2) (cm) Investments in land in this state. (intro.) The board may not
15invest moneys in the purchase of any land under par. (a) 10. unless all of the following
16occur:
SB209,19 17Section 19. 24.61 (3) (a) 14. of the statutes is created to read:
SB209,6,2018 24.61 (3) (a) 14. A local exposition district created under subch. II of ch. 229 for
19the purpose of financing acquisition, construction, and equipment costs for sports
20and entertainment arena facilities, as defined in s. 229.41 (11g).
SB209,20 21Section 20. 24.62 (3) of the statutes is amended to read:
SB209,7,222 24.62 (3) If any land purchased under s. 24.61 (2) (a) 10. was at the time of
23purchase subject to assessment or levy of a real property tax, the board shall make
24annual payments in lieu of property taxes from the proceeds from the sale of timber
25or from appropriate trust fund incomes to the appropriate local governmental unit

1in an amount equal to property taxes levied on the land in the year prior to the year
2in which the board purchased the land.
SB209,21 3Section 21. 24.66 (3y) of the statutes is created to read:
SB209,7,74 24.66 (3y) Local exposition district. An application for a loan by a local
5exposition district created under subch. II of ch. 229 shall be accompanied by a
6certified copy of a resolution of the district board of the local exposition district
7approving the loan.
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