Amendment ASA1-AB480

LRBs0347/1

MGG/RPN:kmg:jf

2003 - 2004 LEGISLATURE

ASSEMBLY SUBSTITUTE AMENDMENT 1, TO 2003 ASSEMBLY BILL 480

February 11, 2004 - Offered by Representative LeMahieu.

AB480-ASA1,1,5 An Act to renumber 23.0917 (5m) (b) 3. and 23.0917 (5m) (b) 4.; to amend 20.866 (2) (ta), 23.0917 (3) (b), 23.0917 (3) (bm), 23.0917 (3) (dm) 2., 23.0917 (4) (d) 1., 23.0917 (4) (d) 2. and 23.0917 (4) (d) 3.; and to create 23.0917 (3) (dm) 4., 23.0917 (4r), 23.0917 (5m) (bn) 1. and 23.0917 (5m) (br) of the statutes; relating to: bonding authority for the stewardship program.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB480-ASA1, s. 1 Section 1. 20.866 (2) (ta) of the statutes is amended to read:

AB480-ASA1,2,4 20.866 (2) (ta) Natural resources; Warren Knowles-Gaylord Nelson stewardship 2000 program. From the capital improvement fund a sum sufficient for the Warren Knowles-Gaylord Nelson stewardship 2000 program under s. 23.0917. The state may contract public debt in an amount not to exceed $572,000,000 $362,000,000 for this program. Except as provided in s. 23.0917 (4g) (b), (4m) (k), (5) and (5m), the amounts obligated, as defined in s. 23.0917 (1) (e), under this paragraph may not exceed $46,000,000 in fiscal year 2000-01, may not exceed $46,000,000 in fiscal year 2001-02, and may not exceed $60,000,000 in fiscal year 2002-03, and may not exceed $30,000,00 in each fiscal year beginning with fiscal year 2002-03 2003-04 and ending with fiscal year 2009-10.

AB480-ASA1, s. 2 Section 2. 23.0917 (3) (b) of the statutes is amended to read:

AB480-ASA1,2,12 23.0917 (3) (b) In obligating moneys under the subprogram for land acquisition, the department shall set aside in each fiscal year $3,000,000 that may be obligated only for state trails and the ice age trail and for grants for the state trails and the ice age trails under s. 23.096. The period of time during which the moneys shall be set aside in each fiscal year shall begin on the July 1 of the fiscal year and end on the June 30 of the same fiscal year. This paragraph does not apply after June 30, 2004.

AB480-ASA1, s. 3 Section 3. 23.0917 (3) (bm) of the statutes is amended to read:

AB480-ASA1,2,18 23.0917 (3) (bm) During the period beginning with fiscal year 2001-02 and ending with fiscal year 2009-10 2003-04, in obligating money under the subprogram for land acquisition, the department shall set aside not less than a total of $ 2,000,000 that may be obligated only to provide matching funds for grants awarded to the department for the purchase of land or easements under 16 USC 2103c.

AB480-ASA1, s. 4 Section 4. 23.0917 (3) (dm) 2. of the statutes is amended to read:

AB480-ASA1,2,21 23.0917 (3) (dm) 2. For each fiscal year beginning with 2002-03 and ending with fiscal year 2009-10, $45,000,000.

AB480-ASA1, s. 5 Section 5. 23.0917 (3) (dm) 4. of the statutes is created to read:

AB480-ASA1,2,24 23.0917 (3) (dm) 4. For each fiscal year beginning with 2003-04 and ending with fiscal year 2009-10, the amount allocated by the department under sub. (4r).

AB480-ASA1, s. 6 Section 6. 23.0917 (4) (d) 1. of the statutes is amended to read:

AB480-ASA1,3,8 23.0917 (4) (d) 1. The department may obligate not more than $11,500,000 in fiscal year 2000-01 and not more than $11,500,000 in fiscal year 2001-02 under the subprogram except as provided in sub. (5). For fiscal year 2002-03, the department may not obligate more than $15,000,000 except as provided in sub. (5). For each fiscal year beginning with 2002-03 2003-04 and ending with fiscal year 2009-10, the department may obligate not more than $15,000,000 under the subprogram the amount allocated by the department for the subprogram under sub. (4r), except as provided in sub. (5).

AB480-ASA1, s. 7 Section 7. 23.0917 (4) (d) 2. of the statutes is amended to read:

AB480-ASA1,3,12 23.0917 (4) (d) 2. The department may obligate not more than $8,000,000 in each fiscal year for local assistance. This subdivision does not apply after June 30, 2004.

AB480-ASA1, s. 8 Section 8. 23.0917 (4) (d) 3. of the statutes is amended to read:

AB480-ASA1,3,16 23.0917 (4) (d) 3. The department shall obligate at least $3,500,000 in each fiscal year for property development. This subdivision does not apply after June 30, 2004.

AB480-ASA1, s. 9 Section 9. 23.0917 (4r) of the statutes is created to read:

AB480-ASA1,3,21 23.0917 (4r) Bonding authority allocation. Beginning with fiscal year 2003-04 and ending with fiscal year 2009-2010, the department, for each fiscal year, shall allocate the bonding authority as specified under s. 20.866 (2) (ta) among the subprograms under subs. (3), (4), (4g), and (4m).

AB480-ASA1, s. 10 Section 10. 23.0917 (5m) (b) 3. of the statutes is renumbered 23.0917 (5m) (bn) 2.

AB480-ASA1, s. 11 Section 11. 23.0917 (5m) (b) 4. of the statutes is renumbered 23.0917 (5m) (bn) 3.

AB480-ASA1, s. 12 Section 12. 23.0917 (5m) (bn) 1. of the statutes is created to read:

AB480-ASA1,4,3 23.0917 (5m) (bn) 1. Subdivisions 2. and 3. apply to land acquired by the department on or after the effective date of this subdivision .... [revisor inserts date].

AB480-ASA1, s. 13 Section 13. 23.0917 (5m) (br) of the statutes is created to read:

AB480-ASA1,4,6 23.0917 (5m) (br) 1. Subdivisions 2. and 3. apply to land acquired by the department before the effective date of this subdivision .... [revisor inserts date].

AB480-ASA1,4,12 2. For bonds that are retired from the proceeds of the sale of the acquired land within 5 years after the date on which the land was acquired by the department, the department shall adjust the available bonding authority for the subprogram for land acquisition by increasing the available bonding authority for the fiscal year in which the bonds are retired by an amount equal to the total amount of the bonds issued for the sale that have been retired in that fiscal year.

AB480-ASA1,4,23 3. For bonds that are not retired from the proceeds of the sale of the acquired land within 5 years after the date on which the land was acquired by the department, the department shall adjust the available bonding authority for the subprogram for land acquisition by decreasing the available bonding authority for the next fiscal year beginning after the end of that 5-year period by an amount equal to the total amount of the bonds that have not been retired from such proceeds in that fiscal year and, if necessary, shall decrease for each subsequent fiscal year the available bonding authority in an amount equal to that available bonding authority or equal to the amount still needed to equal the total amount of the bonds that have not been retired from such proceeds, whichever is less, until the available bonding authority has been decreased by an amount equal to the total of the bonds that have not been retired.

AB480-ASA1,4,24 (End)