LRB-2739/1
RAC/MES/JK:wlj
2015 - 2016 LEGISLATURE
July 15, 2015 - Printed by direction of Assembly Chief Clerk.
SB209-engrossed,2,7 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, 79.035 (6), 232.07 (1) and 345.28 (4)
3(g); to renumber 229.47; to renumber and amend 229.42 (4) (f) and 232.07
4(2); to amend 24.605, 24.61 (2) (cm) (intro.), 24.62 (3), 24.67 (1) (intro.), 24.67
5(3), 66.0603 (1g) (a), 66.1105 (2) (f) 1. (intro.), 66.1105 (2) (f) 2. (intro.), 70.11 (37),
677.22 (1), 77.98 (3), 77.982 (3), 79.035 (5), 229.26 (4), 229.26 (4m), 229.26 (10),
7229.41 (12), 229.42 (4) (intro.), 229.42 (4) (d), 229.42 (4) (e), 229.435, 229.44 (4)
8(intro.), 229.44 (4) (a), 229.44 (4) (b), 229.44 (4) (c), 229.44 (4) (d), 229.44 (5),
9229.44 (6), 229.477, 229.48 (1) (intro.), 229.48 (1) (a), 229.48 (1) (b), 229.48 (1)
10(c), 229.48 (1) (d), 229.48 (1) (e), 229.48 (1m), 229.48 (2), 229.50 (1) (a) (intro.),
11229.50 (1) (d), 229.50 (1) (f), 229.50 (7), 232.05 (3) (a), 232.05 (3) (b), 345.28 (2)
12(c), 345.37 (intro.), 846.16 (1) and 846.17; to repeal and recreate 24.61 (2) (a)
13and 79.035 (5); and to create 16.004 (21), 16.004 (22), 16.58 (3), 20.855 (4) (cr),
1420.855 (4) (cy), 20.855 (4) (dr), 24.60 (2m) (e), 24.61 (3) (a) 14., 24.66 (3y), 24.67

1(1) (q), 24.718, 66.1105 (2) (f) 1. p., 66.1105 (9) (a) 10., 66.1105 (17) (d), 71.05 (1)
2(c) 6p., 71.26 (1m) (n), 77.54 (62), 77.98 (4), 79.035 (6), 229.40, 229.41 (9e),
3229.41 (11e), 229.41 (11g), 229.42 (4) (f) 2., 229.42 (4) (g), 229.42 (4) (h), 229.42
4(4e), 229.42 (7) (b) 1m., 229.44 (4) (f), 229.445, 229.461, 229.47 (2), 229.48 (7),
5229.54, 232.05 (2) (h), 342.41, 345.28 (2) (d), 349.13 (1d), 349.132, 846.16 (3) and
6846.167 of the statutes; relating to: constructing a sports and entertainment
7arena and related facilities and making appropriations.
Analysis by the Legislative Reference Bureau
Engrossment information:
The text of Engrossed 2015 Senate Bill 209, as passed by the senate on July 15,
2015, consists of the following documents adopted in the senate on July 15, 2015: the
bill as affected by Senate Amendment 1 and Senate Amendment 1 to Senate
Amendment 1. The text also includes the July 15, 2015, chief clerk's corrections to
the senate bill.
Content of Engrossed 2015 Senate Bill 209
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.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SB209-engrossed,1 8Section 1. 16.004 (21) of the statutes is created to read:
SB209-engrossed,3,59 16.004 (21) Payment to local exposition district. (a) Annually, as grants, the
10secretary shall remit the amounts appropriated under s. 20.855 (4) (cr) and (dr) to
11a local exposition district created under subch. II of ch. 229 to assist in the
12development and construction of sports and entertainment arena facilities, as
13defined in s. 229.41 (11g). The secretary may not remit moneys under this subsection
14or lapse any moneys under s. 20.835 (6) (g) until the secretary has determined that
15the sponsoring municipality has provided at least $47,000,000 for the development

1and construction of sports and entertainment arena facilities and the local exposition
2district has issued debt to fund the development and construction of sports and
3entertainment arena facilities. The secretary may not remit from the appropriation
4account under s. 20.855 (4) (dr) to a local exposition district more than a cumulative
5total of $80,000,000.
SB209-engrossed,3,136 (b) The legislature finds and determines that sports and entertainment arena
7facilities, as defined in s. 229.41 (11g), encourage economic development and tourism
8in this state, reduce unemployment in this state, preserve business activities within
9this state, and bring needed capital into this state for the benefit and welfare of
10people throughout the state. It is therefore in the public interest and will serve a
11public purpose, and it is the public policy of this state, to assist a local exposition
12district in the development and construction of sports and entertainment arena
13facilities under subch. II of ch. 229.
SB209-engrossed,2 14Section 2. 16.004 (21) of the statutes, as created by 2015 Wisconsin Act .... (this
15act), is repealed.
SB209-engrossed,3 16Section 3. 16.004 (22) of the statutes is created to read:
SB209-engrossed,3,2117 16.004 (22) Payment to Bradley Center Sports and Entertainment
18Corporation.
During the 2015-17 fiscal biennium, from the appropriation under s.
1920.855 (4) (cy), the secretary may make one or more grants to the Bradley Center
20Sports and Entertainment Corporation, created under ch. 232, for the purpose of
21assisting the corporation in retiring its obligations and any contractual liabilities.
SB209-engrossed,4 22Section 4. 16.004 (22) of the statutes, as created by 2015 Wisconsin Act .... (this
23act), is repealed.
SB209-engrossed,5 24Section 5. 16.58 (3) of the statutes is created to read:
SB209-engrossed,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-engrossed,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-engrossed,9 5Section 9. 20.855 (4) (cr) of the statutes is created to read:
SB209-engrossed,4,76 20.855 (4) (cr) Transfer to local exposition district. The amounts in the schedule
7to make payments to a local exposition district under s. 16.004 (21) (a).
SB209-engrossed,10 8Section 10. 20.855 (4) (cr) of the statutes, as created by 2015 Wisconsin Act
9.... (this act), is repealed.
SB209-engrossed,11 10Section 11. 20.855 (4) (cy) of the statutes is created to read:
SB209-engrossed,4,1311 20.855 (4) (cy) Payment to Bradley Center Sports and Entertainment
12Corporation.
Biennially, the amounts in the schedule for the payment of grants to
13the Bradley Center Sports and Entertainment Corporation under s. 16.004 (22).
SB209-engrossed,12
1Section 12. 20.855 (4) (cy) of the statutes, as created by 2015 Wisconsin Act
2.... (this act), is repealed.
SB209-engrossed,13 3Section 13. 20.855 (4) (dr) of the statutes is created to read:
SB209-engrossed,5,54 20.855 (4) (dr) Transfer to local exposition district. The amounts in the
5schedule to make payments to a local exposition district under s. 16.004 (21) (a).
SB209-engrossed,14 6Section 14. 20.855 (4) (dr) of the statutes, as created by 2015 Wisconsin Act
7.... (this act), is repealed.
SB209-engrossed,15 8Section 15. 24.60 (2m) (e) of the statutes is created to read:
SB209-engrossed,5,129 24.60 (2m) (e) It is made to a local exposition district created under subch. II
10of ch. 229 for the purpose of financing acquisition, construction, and equipment costs
11for sports and entertainment arena facilities, as defined in s. 229.41 (11g), and is
12secured by district revenues.
SB209-engrossed,16 13Section 16. 24.605 of the statutes is amended to read:
SB209-engrossed,5,20 1424.605 Accounts in trust funds for deposit of proceeds from sale of
15certain lands.
The board shall establish in each of the trust funds an account to
16which are credited the proceeds from the sale of any public lands on or after May 3,
172006, that are required by law to be deposited in the funds. Moneys credited to the
18accounts in the funds may only be used to invest in land under s. 24.61 (2) (a) 10. and
19for the payment of expenses necessarily related to investing in land under s. 24.61
20(2) (a) 10.
SB209-engrossed,17 21Section 17. 24.61 (2) (a) of the statutes is repealed and recreated to read:
SB209-engrossed,5,2522 24.61 (2) (a) Authorized investments by board. The board shall manage and
23invest moneys belonging to the trust funds in good faith and with the care an
24ordinary prudent person in a like position would exercise under similar
25circumstances, in accordance with s. 112.11 (3).
SB209-engrossed,18
1Section 18. 24.61 (2) (cm) (intro.) of the statutes is amended to read:
SB209-engrossed,6,42 24.61 (2) (cm) Investments in land in this state. (intro.) The board may not
3invest moneys in the purchase of any land under par. (a) 10. unless all of the following
4occur:
SB209-engrossed,19 5Section 19. 24.61 (3) (a) 14. of the statutes is created to read:
SB209-engrossed,6,86 24.61 (3) (a) 14. A local exposition district created under subch. II of ch. 229 for
7the purpose of financing acquisition, construction, and equipment costs for sports
8and entertainment arena facilities, as defined in s. 229.41 (11g).
SB209-engrossed,20 9Section 20. 24.62 (3) of the statutes is amended to read:
SB209-engrossed,6,1510 24.62 (3) If any land purchased under s. 24.61 (2) (a) 10. was at the time of
11purchase subject to assessment or levy of a real property tax, the board shall make
12annual payments in lieu of property taxes from the proceeds from the sale of timber
13or from appropriate trust fund incomes to the appropriate local governmental unit
14in an amount equal to property taxes levied on the land in the year prior to the year
15in which the board purchased the land.
SB209-engrossed,21 16Section 21. 24.66 (3y) of the statutes is created to read:
SB209-engrossed,6,2017 24.66 (3y) Local exposition district. An application for a loan by a local
18exposition district created under subch. II of ch. 229 shall be accompanied by a
19certified copy of a resolution of the district board of the local exposition district
20approving the loan.
SB209-engrossed,22 21Section 22. 24.67 (1) (intro.) of the statutes is amended to read:
SB209-engrossed,7,222 24.67 (1) (intro.) If the board approves the application, it shall cause
23certificates of indebtedness to be prepared in proper form and transmitted to the
24municipality, cooperative educational service agency, local exposition district
25created under subch. II of ch. 229,
local professional baseball park district created

1under subch. III of ch. 229, or federated public library system submitting the
2application. The certificate of indebtedness shall be executed and signed:
SB209-engrossed,23 3Section 23. 24.67 (1) (q) of the statutes is created to read:
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