Rule-making notices
Notice of Hearing
Commerce
(Financial Resources for Business and Communities)
NOTICE IS HEREBY GIVEN that pursuant to s.
15.04 (1) (c), Stats., the Department of Commerce will hold a public hearing on proposed rules under chapter Comm 113, relating to the Volume Cap Allocation Council.
The public hearing will be held as follows:
Date and Time:
Monday, January 3, 2005
10:00 a.m.
Location:
Room 3C, Thompson Commerce Center
201 West Washington Avenue
Madison
Interested persons are invited to appear at the hearing and present comments on the proposed rules. Persons making oral presentations are requested to submit their comments in writing. Persons submitting comments will not receive individual responses. The hearing record on this proposed rulemaking will remain open until
January 7, 2005, to permit submittal of written comments from persons who are unable to attend the hearing or who wish to supplement testimony offered at the hearing. Written comments should be submitted to Ronald Acker, at the Department of Commerce, Program Development Bureau, P.O. Box 2689, Madison, WI 53701-2689, or Email at
racker@commerce.state.wi.us.
This hearing is held in accessible facility. If you have special needs or circumstances that may make communication or accessibility difficult at the hearing, please call (608) 266-8741 or (608) 264-8777 (TTY) at least 10 days prior to the hearing date. Accommodations such as interpreters, English translators, or materials in audio tape format will, to the fullest extent possible, be made available upon a request from a person with a disability.
Analysis
General Summary
Section
15.04 (1) (c), Stats., authorizes department heads to create and appoint any council or committee as the operation of the department requires. The Volume Cap Allocation Council was created by the department to assist in evaluating volume cap applications and to make recommendations to the department secretary on volume cap allocation. The council is advisory only in that the department secretary makes the final decisions on cap allocation.
The proposed rules eliminate the Volume Cap Allocation Council as part of the review and evaluation process for volume cap allocation for Industrial Revenue Bond financing. Elimination of the council will result in a more efficient approval process and will not eliminate any final decision-making entity.
Federal Comparison
There is no existing or proposed federal regulation that addresses the elimination of the Volume Cap Allocation Council.
State Comparison
An Internet search of adjacent states' rules found the following information relating to the volume cap allocation process.
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The Illinois Finance Authority administers the volume cap allocation program and uses a Project Review Committee to review applications and make recommendations to the Authority's Board.
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The Iowa Finance Authority administers the volume cap allocation program and does not use a review council/committee.
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The Michigan Department of Treasury, Local Audit and Finance Division administers the volume cap allocation program; there is no information regarding a review council/committee.
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The Minnesota Rural Finance Authority administers the volume cap allocation program and does not use a review council/committee.
Environmental Analysis
Notice is hereby given that the Department has considered the environmental impact of the proposed rules. In accordance with chapter Comm 1, the proposed rules are a Type III action. A Type III action normally does not have the potential to cause significant environmental effects and normally does not involve unresolved conflicts in the use of available resources. The Department has reviewed these rules and finds no reason to believe that any unusual conditions exist. At this time, the Department has issued this notice to serve as a finding of no significant impact.
Initial Regulatory Flexibility Analysis
1. Types of small businesses that will be affected by the rules.
There are no types of small businesses that will be affected by the rules.
2. Reporting, bookkeeping and other procedures required for compliance with the rules.
There are no reporting, bookkeeping and other procedures required for compliance with the rules.
3. Types of professional skills necessary for compliance with the rules.
There are no types of professional skills necessary for compliance with the rules.
4. Rules have a significant economic impaction small businesses.
Yes, rules submitted to Small Business Regulatory Review Board.
The proposed rules and an analysis of the proposed rules are available on the Internet at the Safety and Buildings Division Web site at
www.commerce.wi.gov/SB/. Paper copies may be obtained without cost from Roberta Ward, at the Department of Commerce, Program Development Bureau, P.O. Box 2689, Madison, WI 53701-2689, or Email at
rward@commerce.state.wi.us, or at telephone (608) 266-8741 or (608) 264-8777 (TTY). Copies will also be available at the public hearing.
The small business regulatory coordinator for the Department of Commerce is Carol Dunn, who may be contacted at telephone (608) 267-0297, or Email at
cdunn@commerce.state.wi.us.
Fiscal Estimate
The proposed rules have no effect on revenues or costs for state or local government in the administration and enforcement of chapter Comm 113.
The proposed rules have no fiscal effect on the private sector.
Notice of Hearing
Insurance
Notice is hereby given that pursuant to the authority granted under s.
601.41 (3), Stats., and the procedures set forth in under s.
227.18, Stats., OCI will hold a public hearing to consider the adoption of the attached proposed rulemaking order affecting Chapter
Ins 5, Wis. Adm. Code, relating to administrative hearing procedures for OCI.
Hearing Information
Date: January 5, 2005
Time: 10:00 a.m., or as soon thereafter as the matter may be reached.
Place: OCI, 2nd Floor, 125 South Webster Street, Madison, WI
Written comments or comments submitted through the Wisconsin Administrative Rule website at:
https://adminrules.wisconsin.gov on the proposed rule will be considered. The deadline for submitting comments is 4:00 p.m. on the 14
th day after the date for the hearing stated in this Notice of Hearing.
Written comments should be sent to:
Mr. Robert Luck
Legal Unit - OCI Rule Comment for Rule 5
Office of the Commissioner of Insurance
PO Box 7873
Madison WI 53707-7873
Analysis Prepared by the Office of the Commissioner of Insurance (OCI)
