LRB-4305/1
ARG:kmg:ch
2001 - 2002 LEGISLATURE
January 16, 2002 - Introduced by Representatives Stone, Albers, Gunderson,
Hines, Montgomery, Olsen, Petrowski, Plale, Plouff, Rhoades, Ryba,
Steinbrink, Suder, Townsend, Turner and Vrakas, cosponsored by Senators
Breske, Darling, Erpenbach and Schultz. Referred to Committee on
Transportation.
AB732,1,4
1An Act to amend 20.395 (6) (aq) and 84.185 (6m); and
to create 20.866 (2) (uwm)
2and 84.185 (3m) of the statutes;
relating to: the transportation facilities
3economic assistance program, granting bonding authority and making an
4appropriation.
Analysis by the Legislative Reference Bureau
Under current law, the department of transportation (DOT) administers a
transportation facilities economic assistance and development (TEA) program.
Under the program, DOT may improve a highway, airport, or harbor, or provide other
assistance for the improvement of those transportation facilities or certain rail
property or railroad tracks, as part of a major economic development project. DOT
may also make loans for the improvement of any of these transportation facilities.
The state share of costs for the improvement of any transportation facility may not
exceed 50% of the cost of the improvement.
This bill requires DOT to accept, review, and make determinations on
applications for assistance under the TEA program on a continuing, year-round
basis, and to make a determination on each application within a reasonable time
after its receipt.
The bill also authorizes the state to issue general obligation bonds to provide
up to $5,000,000 in state moneys, repaid from the general fund, to be used for grants
under the TEA program. The proceeds of general obligation bonds may only be used
to provide grants under the TEA program to the extent that state funds appropriated
for the TEA program are not available.
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:
AB732, s. 1
1Section
1. 20.395 (6) (aq) of the statutes is amended to read:
AB732,2,62
20.395
(6) (aq)
Principal repayment and interest, transportation facilities, state
3funds. A sum sufficient to reimburse s. 20.866 (1) (u) for the payment of principal
4and interest costs incurred in financing the acquisition, construction, development,
5enlargement
, or improvement of transportation facilities under ss.
84.185 (6m), 684.51, 84.52, 84.53, 85.08 (2) (L) and (4m) (c) and (d), 85.09
, and 85.095 (2).
AB732, s. 2
7Section
2. 20.866 (2) (uwm) of the statutes is created to read:
AB732,2,128
20.866
(2) (uwm)
Transportation; transportation facilities economic assistance. 9From the capital improvement fund, a sum sufficient for the department of
10transportation to fund grants for the improvement of transportation facilities under
11s. 84.185. The state may contract public debt in an amount not to exceed $5,000,000
12for this purpose.
AB732, s. 3
13Section
3. 84.185 (3m) of the statutes is created to read:
AB732,2,1814
84.185
(3m) Review of applications. The department shall accept, review, and
15make determinations on applications for assistance under this section on a
16continuing, year-round basis. The department shall make a determination on each
17application for assistance under this section within a reasonable time after its
18receipt by the department.
AB732, s. 4
19Section
4. 84.185 (6m) of the statutes is amended to read:
AB732,3,1120
84.185
(6m) Administration. From the appropriations under
s. ss. 20.395 (2)
21(iq), (iv)
, and (ix)
and 20.866 (2) (uwm), upon the approval of the secretary under sub.
1(2), the department may make improvements to or provide other assistance for the
2improvement of a transportation facility under sub. (1) (d) 1. to 3. or provide other
3assistance for the improvement of a transportation facility under sub. (1) (d) 4. or 5.
4The department may make loans from the appropriations under
s. ss. 20.395 (2) (iq)
5and (iw)
and 20.866 (2) (uwm) for the improvement of a transportation facility. The
6state share of costs for the improvement of a transportation facility, including any
7loans made under this subsection for the improvement of the transportation facility,
8may not exceed 50% of the cost of the improvement.
The department may fund an
9improvement, loan, or other assistance from the appropriation under s. 20.866 (2)
10(uwm) only to the extent that funds from the appropriations under s. 20.395 (2) (iq),
11(iv), and (ix) are insufficient to fund the improvement, loan, or other assistance.
AB732,3,1413
(1) This act first applies to applications submitted to the department of
14transportation in fiscal year 2002-03.
