LRBb0821/1
ALL:all:jf
2005 - 2006 LEGISLATURE
SENATE AMENDMENT 50,
TO 2005 ASSEMBLY BILL 100
June 29, 2005 - Offered by Senators Schultz, A. Lasee, Kedzie, Lazich, Reynolds,
S. Fitzgerald and
Kanavas.
AB100-SA50,1,4
4"
Section 10m. 13.40 (3) (g) of the statutes is amended to read:
AB100-SA50,1,65
13.40
(3) (g) An appropriation to make a transfer from the general fund to the
6budget stabilization taxpayer protection fund under s. 20.875 (1) (a).".
AB100-SA50,1,8
8"
Section 15m. 13.41 of the statutes is created to read:
AB100-SA50,1,10
913.41 Limit on expenditure of general fund revenues; taxpayer
10protection fund balances. (1) In this section:
AB100-SA50,1,1111
(a) "Consumer price index" has the meaning given in s. 16.004 (8) (e) 1.
AB100-SA50,1,1212
(b) "Compensation reserves" has the meaning given in s. 13.40 (1) (ad).
AB100-SA50,2,4
1(c) "General fund revenues" means the sum of general fund tax receipts,
2departmental revenues deposited in the general fund without being credited to a
3program revenue account, and transfers to the general fund from other funds or from
4program revenue accounts.
AB100-SA50,2,65
(d) "General purpose revenue" has the meaning given for "general purpose
6revenues" in s. 20.001 (2) (a).
AB100-SA50,2,107
(e) "Prior year growth in the consumer price index" means the percentage
8change in the consumer price index between the calendar year in which the
9preceding fiscal year began and the calendar year in which the 2nd preceding fiscal
10year began, but not less than zero.
AB100-SA50,2,1411
(f) "Prior year growth in state population" means the percentage change in the
12state population, as estimated under s. 16.96, between the calendar year in which
13the preceding fiscal year began and the calendar year in which the 2nd preceding
14fiscal year began, but not less than zero.
AB100-SA50,2,1615
(g) "Program revenue" has the meaning given for "program revenues" in s.
1620.001 (2) (b).
AB100-SA50,2,24
17(2) Beginning in fiscal year 2007-08, the sum of appropriations from general
18purpose revenues, general fund compensation reserves, and transfers to other funds,
19minus estimated lapses from appropriations of general purpose revenues, as shown
20under s. 20.005 (1), in each fiscal year may not exceed the amount of the general fund
21revenues received by the state in the previous fiscal year increased by the sum of the
22prior year growth in the consumer price index, the prior year growth in state
23population, and 1 percent. The limitation imposed under this subsection is in
24addition to the limitation imposed under s. 13.40.
AB100-SA50,3,5
1(3) Any general fund revenues in excess of the amount that may be budgeted
2for expenditure in any fiscal year under sub. (2) shall be deposited in the taxpayer
3protection fund at the end of the fiscal year. The amount deposited under this
4subsection includes any amount that is required to be transferred to the taxpayer
5protection fund under ss. 13.48 (14) (c), 16.518 (3), 16.72 (4) (b), and 16.848 (5m).
AB100-SA50,3,8
6(4) Moneys in the taxpayer protection fund may only be appropriated upon a
7recommendation from the governor and an affirmative vote of three-fourths of the
8members voting in each house of the legislature.
AB100-SA50,3,14
9(5) If the balance in the taxpayer protection fund at the end of any fiscal year
10exceeds 10 percent of the amount that may be budgeted for expenditure in that fiscal
11year under sub. (2), the amount in excess of 10 percent of the amount that may be
12budgeted for expenditure under sub. (2) shall be returned to taxpayers in the
13following fiscal year through a reduction in state income taxes, in a manner
14determined by the legislature by law.".
AB100-SA50,3,16
16"
Section 17m. 13.48 (14) (c) of the statutes is amended to read:
AB100-SA50,4,317
13.48
(14) (c) If there is any outstanding public debt used to finance the
18acquisition of a building, structure or land or the construction of a building or
19structure that is sold or leased under par. (b), the building commission shall deposit
20a sufficient amount of the net proceeds from the sale or lease of the building,
21structure or land in the bond security and redemption fund under s. 18.09 to repay
22the principal and pay the interest on the debt, and any premium due upon refunding
23any of that debt. Except as provided in s. 51.06 (6), if there is no such debt
24outstanding, or, if the net proceeds exceed the amount required to repay that
1principal and pay that interest and premium, the building commission shall deposit
2the net proceeds or remaining net proceeds in the
budget stabilization taxpayer
3protection fund.".
AB100-SA50,4,5
5"
Section 65m. 16.465 of the statutes is amended to read:
AB100-SA50,4,9
616.465 Budget stabilization
Taxpayer protection fund reallocations. 7The secretary may reallocate moneys in the
budget stabilization taxpayer protection 8fund to other funds in the manner provided in s. 20.002 (11). No interest may be
9assessed to the general fund on account of such a reallocation.".
AB100-SA50,4,16
16"
Section 68a. 16.518 (title) of the statutes is amended to read:
AB100-SA50,4,18
1716.518 (title)
Transfers to the budget stabilization taxpayer protection 18fund and the cash building projects fund.
AB100-SA50,5,220
16.518
(3) (a) Subject to par. (b), if the amount of moneys projected to be
21deposited in the general fund during the fiscal year that are designated as "Taxes"
22in the summary is less than the amount of such moneys actually deposited in the
23general fund during the fiscal year, the secretary shall annually transfer from the
1general fund to the
budget stabilization taxpayer protection fund 50% of the amount
2calculated under sub. (2).
AB100-SA50, s. 68j
4Section 68j. 16.518 (3) (b) 2. of the statutes is renumbered 16.518 (3) (b).".
AB100-SA50,5,6
6"
Section 81p. 16.72 (4) (b) of the statutes is amended to read:
AB100-SA50,5,157
16.72
(4) (b) The department shall promulgate rules for the declaration as
8surplus of supplies, materials and equipment in any agency and for the transfer to
9other agencies or for the disposal by private or public sale of supplies, materials and
10equipment. Except as provided in s. 51.06 (6), in either case, the department shall
11deposit the net proceeds in the
budget stabilization
taxpayer protection fund, except
12that the department shall transfer any supplies, materials or equipment declared to
13be surplus to the department of tourism, upon request of the department of tourism,
14at no cost, if the transfer is permitted by the agency having possession of the supplies,
15materials or equipment.".
AB100-SA50,5,21
21"
Section 126e. 20.002 (11) (a) of the statutes is amended to read:
AB100-SA50,6,1222
20.002
(11) (a) All appropriations, special accounts and fund balances within
23the general fund or any segregated fund may be made temporarily available for the
24purpose of allowing encumbrances or financing expenditures of other general or
1segregated fund activities which do not have sufficient moneys in the accounts from
2which they are financed but have accounts receivable balances or moneys
3anticipated to be received from lottery proceeds, as defined in s. 25.75 (1) (c), tax
4revenues, gifts, grants, fees, sales of service, or interest earnings recorded under s.
516.52 (2). The secretary of administration shall determine the composition and
6allowability of the accounts receivable balances and anticipated moneys to be
7received for this purpose in accordance with s. 20.903 (2) and shall specifically
8approve the use of surplus moneys from the general or segregated funds after
9consultation with the appropriate state agency head for use by specified accounts or
10programs. The secretary of administration shall reallocate available moneys from
11the
budget stabilization taxpayer protection fund under s. 16.465 prior to
12reallocating moneys from any other fund.
AB100-SA50,6,1514
20.002
(11) (b) 4. This paragraph does not apply to reallocations from the
15budget stabilization taxpayer protection fund to the general fund.".
