AB150-ASA,538,721 23.50 (1) The procedure in ss. 23.50 to 23.85 applies to all actions in circuit
22court to recover forfeitures, penalty assessments, jail assessments, applicable
23weapons assessments, applicable environmental assessments, applicable wild
24animal protection assessments, applicable natural resources assessments,
25applicable fishing shelter removal assessments, applicable snowmobile registration

1restitution payments and applicable natural resources restitution payments for
2violations of ss. 77.09, 134.60, 144.421 (2), 144.422 (2), (2m) (c) and (2r), 146.20 (2)
3to (5), 147.021, 159.07, 159.08, 159.81, 167.10 (3) and 167.31 (2), subch. VI of ch. 77,
4this chapter and chs. 26 to 31 and of ch. 350, and any administrative rules
5promulgated thereunder, violations of rules of the Kickapoo valley governing board
6under s. 16.21 41.41 (7) (k) or violations of local ordinances enacted by any local
7authority in accordance with s. 23.33 (11) (am) or 30.77.
AB150-ASA, s. 1359 8Section 1359. 23.53 (1) of the statutes is amended to read:
AB150-ASA,538,249 23.53 (1) The citation created under this section shall, in all actions to recover
10forfeitures, penalty assessments, jail assessments, applicable weapons assessments,
11applicable environmental assessments, applicable wild animal protection
12assessments, applicable natural resources assessments, applicable fishing shelter
13removal assessments, applicable snowmobile registration restitution payments and
14applicable natural resources restitution payments for violations of those statutes
15enumerated in s. 23.50 (1), any administrative rules promulgated thereunder, and
16any rule of the Kickapoo valley governing board under s. 16.21 41.41 (7) (k) be used
17by any law enforcement officer with authority to enforce those laws, except that the
18uniform traffic citation created under s. 345.11 may be used by a traffic officer
19employed under s. 110.07 in enforcing s. 167.31 or by an officer of a law enforcement
20agency of a municipality or county or a traffic officer employed under s. 110.07 in
21enforcing s. 159.81. In accordance with s. 345.11 (1m), the citation shall not be used
22for violations of ch. 350 relating to highway use. The citation may be used for
23violations of local ordinances enacted by any local authority in accordance with s.
2423.33 (11) (am) or 30.77.
AB150-ASA, s. 1360 25Section 1360. 23.56 (1) of the statutes is amended to read:
AB150-ASA,539,7
123.56 (1) A person may be arrested for a violation of those statutes enumerated
2in s. 23.50 (1), any administrative rules promulgated thereunder, any rule of the
3Kickapoo valley governing board under s. 16.21 41.41 (7) (k), or any local ordinances
4enacted by any local authority in accordance with s. 23.33 (11) (am) or 30.77, after
5a warrant that substantially complies with s. 968.04 has been issued. Except as
6provided in sub. (2), the person arrested shall be brought without unreasonable delay
7before a court having jurisdiction to try the action.
AB150-ASA, s. 1361 8Section 1361. 23.57 (1) (intro.) of the statutes is amended to read:
AB150-ASA,539,149 23.57 (1) (intro.) A person may be arrested without a warrant when the
10arresting officer has probable cause to believe that the person is committing or has
11committed a violation of those statutes enumerated in s. 23.50 (1), any
12administrative rules promulgated thereunder, any rule of the Kickapoo valley
13governing board under s. 16.21 41.41 (7) (k), or any local ordinances enacted by any
14local authority in accordance with s. 23.33 (11) (am) or 30.77; and:
AB150-ASA, s. 1362 15Section 1362. 23.58 of the statutes is amended to read:
AB150-ASA,540,2 1623.58 Temporary questioning without arrest. After having identified
17himself or herself as an enforcing officer, an enforcing officer may stop a person in
18a public place for a reasonable period of time when the officer reasonably suspects
19that such person is committing, is about to commit or has committed a violation of
20those statutes enumerated in s. 23.50 (1), any administrative rules promulgated
21thereunder, any rule of the Kickapoo valley governing board under s. 16.21 41.41 (7)
22(k), or any local ordinances enacted by any local authority in accordance with s. 23.33
23(11) (am) or 30.77. Such a stop may be made only where the enforcing officer has
24proper authority to make an arrest for such a violation. The officer may demand the
25name and address of the person and an explanation of the person's conduct. Such

1detention and temporary questioning shall be conducted in the vicinity where the
2person was stopped.
AB150-ASA, s. 1363 3Section 1363. 23.62 (1) (intro.) of the statutes is amended to read:
AB150-ASA,540,104 23.62 (1) (intro.) Whenever an enforcing officer has probable cause to believe
5that a person subject to his or her authority is committing or has committed a
6violation of those statutes enumerated in s. 23.50 (1), any administrative rules
7promulgated thereunder, any rule of the Kickapoo valley governing board under s.
816.21 41.41 (7) (k), or any local ordinances enacted by any local authority in
9accordance with s. 23.33 (11) (am) or 30.77, the officer may proceed in the following
10manner:
AB150-ASA, s. 1363b 11Section 1363b. 23.85 of the statutes is amended to read:
AB150-ASA,541,5 1223.85 Statement to county board; payment to state. Every county
13treasurer shall, on the first day of the annual meeting of the county board of
14supervisors, submit to it a verified statement of all forfeitures, penalty assessments,
15jail assessments, weapons assessments, environmental assessments, wild animal
16protection assessments, natural resources assessments, fishing shelter removal
17assessments, snowmobile registration restitution payments and natural resources
18restitution payments money received during the previous year. The county clerk
19shall deduct all expenses incurred by the county in recovering those forfeitures,
20penalty assessments, weapons assessments, environmental assessments, wild
21animal protection assessments, natural resources assessments, fishing shelter
22removal assessments, snowmobile registration restitution payments and natural
23resources restitution payments from the aggregate amount so received, and shall
24immediately certify the amount of clear proceeds of those forfeitures, penalty
25assessments, weapons assessments, environmental assessments, wild animal

1protection assessments, natural resources assessments, fishing shelter removal
2assessments, snowmobile registration restitution payments and natural resources
3restitution payments to the county treasurer, who shall pay the proceeds to the state
4treasurer
secretary of administration as provided in s. 59.20. Jail assessments shall
5be treated separately as provided in s. 302.46.
AB150-ASA, s. 1363e 6Section 1363e. 24.17 (1) (intro.) of the statutes is amended to read:
AB150-ASA,541,127 24.17 (1) (intro.) When the purchaser of any such lands shall make payment
8to the treasurer secretary of administration of the amount required to be paid on such
9sale, and, in case of a private sale, shall also produce the memorandum mentioned
10in s. 24.16, the treasurer secretary of administration shall give a receipt therefor to
11such purchaser, and unless such sale be made wholly for cash the board shall execute
12and deliver to such person a duplicate certificate of sale, in which it shall certify:
AB150-ASA, s. 1363h 13Section 1363h. 24.17 (2) of the statutes is amended to read:
AB150-ASA,541,1714 24.17 (2) When the sale is wholly for cash, upon payment as above provided,
15the treasurer secretary of administration shall thereupon give to such purchaser a
16receipt stating the amount paid and giving a description of the lot or tract of land sold
17and that such purchaser is entitled to receive a patent according to law.
AB150-ASA, s. 1363L 18Section 1363L. 24.20 of the statutes is amended to read:
AB150-ASA,542,2 1924.20 Payments and accounts. All money paid on account of sales of public
20lands shall be paid to the state treasurer secretary of administration who shall credit
21the proper fund therewith, crediting the general fund with the proceeds of sales of
22Marathon county lands, and the secretary of administration or the secretary's
23designee, upon countersigning the receipt given therefor, shall charge the treasurer
24therewith, and shall also
enter the name of the person paying the same, the number

1of the certificate, if any, upon which the amount shall be paid and the time of the
2payment.
AB150-ASA, s. 1363p 3Section 1363p. 24.25 of the statutes is amended to read:
AB150-ASA,542,19 424.25 Patent and record thereof. Whenever full payment shall have been
5made for any such lands as required by law, and the purchaser or the purchaser's
6legal representatives shall produce to the board the duplicate certificate of sale, with
7the receipt of the state treasurer secretary of administration indorsed thereon,
8showing that the whole amount of the principal and interest due thereon has been
9paid and that the holder of such certificate is entitled to a patent for the lands
10described therein, the original and duplicate certificates shall be canceled, and the
11board shall thereupon execute and deliver a patent to the person entitled thereto for
12the land described in such certificate. All patents issued by the board shall be
13recorded in its office; and the record of patents heretofore issued by it is hereby
14declared a legal record. Purchasers may, at any time before due, pay any part or the
15whole of such purchase money and the interest thereon. In all cases where patents
16have been or may hereafter be issued to a person who may have died or who shall die
17before the date thereof, the title to the land described therein shall inure to and
18become vested in the heirs, devisees or assignees of such person to the same extent
19as if the patent had issued to that person during that person's lifetime.
AB150-ASA, s. 1363r 20Section 1363r. 24.29 of the statutes is amended to read:
AB150-ASA,543,2 2124.29 Redemption. At any time before the 5 days next preceding the
22reoffering of such land at public sale, the former purchaser or the former purchaser's
23assigns or legal representatives may, by the payment of the sum due with interest,
24and all taxes returned thereon to the state treasurer secretary of administration
25which are still unpaid, and all costs occasioned by the delay, together with 3%

1damages on the whole sum owing for such land, prevent such resale and revive the
2original contract.
AB150-ASA, s. 1363u 3Section 1363u. 24.32 (2) of the statutes is amended to read:
AB150-ASA,543,164 24.32 (2) Every such tract may be redeemed by the former purchaser thereof,
5the former purchaser's assigns or legal representatives at any time before the June
630th next following the date of such resale, upon presenting to the board satisfactory
7proof, which shall be filed and preserved by it, that such tract was, at the time of
8resale, in whole or in part under cultivation or adjoining a tract partly cultivated,
9belonging to the former purchaser, the former purchaser's assigns or legal
10representatives and used in connection therewith, and upon depositing with the
11state treasurer secretary of administration, for the use of the purchaser at such
12resale the amount paid by the purchaser for such land, together with 25% of the
13amount of such taxes, interest and costs in addition thereto; and every certificate
14issued upon any such resale shall be subject to the right of redemption whether it be
15expressed in such certificate or not. And no patent shall be issued on any such resale
16until the expiration of such redemption period.
AB150-ASA, s. 1363y 17Section 1363y. 24.33 of the statutes is amended to read:
AB150-ASA,544,5 1824.33 Resale may be canceled. Whenever any land has been so forfeited and
19resold, within 3 months thereafter, upon proof that there are valuable improvements
20thereon and that such forfeiture was occasioned by the death of the holder of the first
21certificate, or the neglect of that person's executor or administrator, and payment to
22the treasurer secretary of administration of the amount actually due on such first
23certificate at the time of such resale, with interest, costs and charges, with interest
24on the amount for which such land was sold at the rate of 10% per year, the board,
25by its order in writing, duly recorded, of which a copy shall be forthwith served on

1the last purchaser, may avoid and cancel such resale and restore and revive such first
2certificate. Thereafter there shall be paid out of the state treasury to the last
3purchaser the amount paid by the last purchaser and the said interest thereon
4collected of such person so redeeming, on surrender of the certificate, receipt or
5patent given the last purchaser at such resale.
AB150-ASA, s. 1365g 6Section 1365g. 24.54 (1) of the statutes is amended to read:
AB150-ASA,544,237 24.54 (1) The department of administration office of the treasurer shall provide
8an office for the board. The board shall conveniently arrange and preserve in that
9office all records, books, reports, surveys, maps, field notes, plats and other papers
10pertaining to the public lands owned by the state, including all public lands that have
11been or shall be received from the United States or any officer of the United States.
12The board may perfect the records, books, reports, surveys, maps, field notes, plats
13and other papers when incomplete, and cause copies of those documents to be made
14when from injury, loss, use or accident it shall become necessary. Any copy, when
15certified to be a correct copy by the executive secretary of the board under the
16executive secretary's signature and the official seal of the office to have been made
17for any of the causes specified in this subsection, shall have the same force and effect
18in all courts and places as the original. Any copy from the original records, books,
19reports, surveys, maps, field notes, plats or other papers, or from any record or paper
20required by law to be kept in the office, or any copy from a certified copy of one of those
21documents, when certified by the executive secretary of the board or any member of
22the board of commissioners of public lands under the official seal of the board, shall
23be received in evidence with the same effect as the original.
AB150-ASA, s. 1366m 24Section 1366m. 24.60 (1) of the statutes is created to read:
AB150-ASA,545,3
124.60 (1) "Consortium" means an association of 2 or more of any of the following
2entities for the purpose of implementing, expanding or participating in a distance
3education or educational technology project:
AB150-ASA,545,44 (a) A school district.
AB150-ASA,545,55 (b) A technical college district.
AB150-ASA,545,76 (c) A county, during fiscal years 1996-97 to 1999-2000, if the county acts on
7behalf of a county library board that has adopted a resolution under s. 24.66 (3m).
AB150-ASA,545,108 (d) A city, village or town, during fiscal years 1996-97 to 1999-2000, if the city,
9village or town acts on behalf of a municipal library board that has adopted a
10resolution under s. 24.66 (3m).
AB150-ASA,545,11 11(1g) "Distance education" has the meaning given in s. 16.992 (1) (b).
AB150-ASA,545,12 12(1r) "Educational technology" has the meaning given in s. 16.992 (1) (c).
AB150-ASA, s. 1367 13Section 1367. 24.61 (2) (a) 6. of the statutes is created to read:
AB150-ASA,545,1514 24.61 (2) (a) 6. Bonds of the University of Wisconsin Hospitals and Clinics
15Authority.
AB150-ASA, s. 1367m 16Section 1367m. 24.61 (2) (b) of the statutes is amended to read:
AB150-ASA,545,1917 24.61 (2) (b) (title) Deposited with state treasurer secretary of administration .
18All bonds, notes and other securities so purchased shall be deposited with the state
19treasurer
secretary of administration.
AB150-ASA, s. 1368 20Section 1368. 24.61 (3) (a) 9. of the statutes is created to read:
AB150-ASA,545,2121 24.61 (3) (a) 9. A consortium.
AB150-ASA, s. 1368c 22Section 1368c. 24.61 (3) (b) of the statutes is amended to read:
AB150-ASA,546,223 24.61 (3) (b) Terms; conditions. A municipality may borrow from the board or
24from moneys belonging to the trust funds
obtain a state trust fund loan for the sum
25of money, for the time and upon the conditions as may be agreed upon between the

1board and the borrower subject to the limitations, restrictions and conditions set
2forth in this subchapter.
AB150-ASA, s. 1369 3Section 1369. 24.61 (3) (c) 2. a. of the statutes is amended to read:
AB150-ASA,546,74 24.61 (3) (c) 2. a. The school board is subject to an order issued by the state
5superintendent
department of public instruction education under s. 115.33 (3) after
6December 31, 1991, regarding noncompliance with the standard under s. 121.02 (1)
7(i).
AB150-ASA, s. 1369m 8Section 1369m. 24.61 (3) (d) of the statutes is created to read:
AB150-ASA,546,169 24.61 (3) (d) Reserve for loans for educational technology and distance
10education projects.
In fiscal years 1996-97 to 1999-2000, annually the board shall
11reserve $15,000,000 for loans to school districts, counties, municipalities and
12consortia, other than consortia that include one or more technical college districts,
13for educational technology and distance education projects under s. 16.992. The
14board shall not make any loan to a consortium that includes a county or municipality
15for an educational technology or distance education project except from the reserve
16established under this paragraph.
AB150-ASA, s. 1370 17Section 1370. 24.61 (5) of the statutes is created to read:
AB150-ASA,547,718 24.61 (5) Loans to consortia or cities, villages or towns served by joint
19library boards.
Whenever a consortium applies for a loan under sub. (3), or
20whenever a group of cities, villages or towns served by a joint county or municipal
21library board applies for a loan for an educational technology or distance education
22project, the board shall treat the application as a loan to each of the members of the
23consortium or each city, village or town served by a county or municipal library board
24in an amount equal to the total amount of the loan divided equally by the number
25of members of the consortium or the number of cities, villages and towns served by

1the library board, unless all members of the consortium or all cities, villages and
2towns served by a joint library board agree to a different arrangement specified by
3the members or cities, villages and towns on their applications. The procedure for
4application, approval and repayment of the loan by each member of a consortium or
5group under this subsection shall be the same as provided in this subchapter for
6application, approval and repayment of a loan to that member individually, except
7that the loan shall not be made unless all members qualify.
AB150-ASA, s. 1370g 8Section 1370g. 24.61 (6) of the statutes is created to read:
AB150-ASA,547,139 24.61 (6) Educational technology or distance education loans. The board
10shall not make a state trust fund loan to a school district, county, city, village, town
11or consortium for an educational technology or distance education project from
12moneys reserved for such loans under sub. (3) (d), unless the educational technology
13board has first notified the board that it has approved the loan under s. 16.992 (3).
AB150-ASA, s. 1377 14Section 1377. 24.66 (1) (intro.) of the statutes is amended to read:
AB150-ASA,547,2215 24.66 (1) For all municipalities. (intro.) No trust fund loan may be made
16unless an application is made to the board under this section. The application shall
17state the amount of money required, the purpose to which it is to be applied, and the
18times and terms of repayment, whether the loan is sought for an educational
19technology or distance education project under s. 24.61 (3) (d), and if so, whether the
20educational technology board has approved a grant to pay a portion of the interest
21on the loan under s. 16.992 (3) (b)
. The application shall be accompanied by
22satisfactory proof:
AB150-ASA, s. 1377g 23Section 1377g. 24.66 (3m) of the statutes is created to read:
AB150-ASA,548,624 24.66 (3m) For educational technology or distance education loans. An
25application by a county, city, village or town to undertake an educational technology

1or distance education project, or by a consortium that includes a county, city, village
2or town under s. 24.61 (3) (d) shall be accompanied by a resolution of the county or
3municipal library board for that county, city, village or town, or the county or
4municipal library board of each county, city, village or town participating in the
5consortium, requesting the county, city, village or town to apply for the loan for the
6purpose of conducting an educational technology or distance education project.
AB150-ASA, s. 1377m 7Section 1377m. 24.66 (5) (a) of the statutes is amended to read:
AB150-ASA,548,228 24.66 (5) (a) Every application for a loan under this section shall be
9accompanied by a certified copy under the hand of the proper clerk of a recorded
10resolution adopted by the municipality applying for or approving the loan, levying,
11except as provided in par. (b), upon all the taxable property of the municipality a
12direct annual tax for the purpose of paying and sufficient to pay the principal and
13interest on such the proposed loan as it falls due, and also to pay and discharge the
14principal thereof within 20 years from the making of such loan. Such a levy shall
15become
they become due. In a 1st class city school district, the application shall be
16accompanied by a certified copy of a resolution, adopted by the board of school
17directors, stating that it is the intention of the board of school directors to include in
18its budget transmitted to the common council under s. 119.16 (8) (b) a written notice
19specifying the amount of money necessary to pay the principal and interest on the
20loan as they become due. The levy imposed by the municipality shall be
void and of
21no effect
if the board declines to make the loan; otherwise it shall remain valid and
22irrepealable until the loan and all interest thereon is on the loan are fully paid.
AB150-ASA, s. 1378b 23Section 1378b. 24.67 (3) of the statutes is amended to read:
AB150-ASA,549,724 24.67 (3) If a unit of government municipality has acted under subs. (1) and
25(2), it shall certify that fact to the department of administration. The department

1Upon receiving a certification from a municipality, the secretary of administration
2shall then draw a warrant upon the state treasurer for the amount of the loan,
3payable to the treasurer of the municipality making the loan or as he or she the
4treasurer of the municipality
directs. The certificate of indebtedness shall then be
5conclusive evidence of the validity of the indebtedness and that all the requirements
6of law concerning the application for the making and acceptance of the loan have
7been complied with.
AB150-ASA, s. 1378g 8Section 1378g. 24.67 (3) of the statutes, as affected by 1995 Wisconsin Act ....
9(this act), is amended to read:
AB150-ASA,549,1710 24.67 (3) If a municipality has acted under subs. (1) and (2), it shall certify that
11fact to the department of administration. Upon receiving a certification from a
12municipality, the secretary of administration shall draw a warrant upon the state
13treasurer for the amount of the loan, payable to
pay the amount of the loan to the
14treasurer of the municipality making the loan or as the treasurer of the municipality
15directs. The certificate of indebtedness shall then be conclusive evidence of the
16validity of the indebtedness and that all the requirements of law concerning the
17application for the making and acceptance of the loan have been complied with.
AB150-ASA, s. 1378r 18Section 1378r. 24.69 (1) of the statutes is amended to read:
AB150-ASA,549,2519 24.69 (1) The board may sell state trust fund loans or participations therein,
20and may contract to do so at a future date, for such price, upon such other terms and
21in such manner as the board may determine. The sale may be to any person,
22including, without limitation, a trust or other investment vehicle created for the
23purpose of attracting private investment capital. The board shall remit the proceeds
24of the sale to the state treasurer secretary of administration for deposit in the
25appropriate trust fund and shall invest the proceeds in accordance with s. 24.61.
AB150-ASA, s. 1379b
1Section 1379b. 24.695 of the statutes is created to read:
AB150-ASA,550,10 224.695 Payment of interest by state. The board shall, upon request of the
3educational technology board, certify to the educational technology board the
4amount of interest due on any loan for which the educational technology board has
5made a grant for interest payments under s. 16.992 (3) (b). The board shall accept
6payment from the educational technology board for the interest payable on any such
7loan and shall deduct the amount of any payment received from its certified
8statement of the amount payable under s. 24.70 (2) or 24.71 (2) for the year in which
9the payment is received. The applicant remains liable for payment of any interest
10that is not paid by the educational technology board.
AB150-ASA, s. 1380 11Section 1380. 24.70 (2) of the statutes is amended to read:
AB150-ASA,550,1612 24.70 (2) Certified statement. If a municipality other than a school district
13has a state trust fund loan, the board shall transmit to the municipal clerk a certified
14statement of the amount due on or before October 1 of each year until the loan is paid.
15The board shall submit a copy of each certified statement to the state treasurer
16secretary of administration.
AB150-ASA, s. 1381 17Section 1381. 24.70 (4) of the statutes is amended to read:
AB150-ASA,550,2418 24.70 (4) Payment to state treasurer secretary of administration. The
19municipal treasurer shall transmit to the state treasurer secretary of administration
20on his or her order the full amount levied for state trust fund loans within 15 days
21after March 15. The state treasurer secretary of administration shall notify the
22board when he or she receives payment. Any payment not made by March 30 is
23delinquent and is subject to a penalty of one percent per month to be paid to the state
24treasurer
secretary of administration with the delinquent payment.
AB150-ASA, s. 1382 25Section 1382. 24.70 (6) of the statutes is amended to read:
AB150-ASA,551,7
124.70 (6) Failure to make payments. If the municipal treasurer fails to remit
2the amount due by the date specified under sub. (4), the board may file a certified
3statement of the amount delinquent with the department of administration. The
4department secretary of administration shall collect the amount due, including any
5penalty, by deducting that amount from any state payments due the municipality,
6shall remit that amount to the state treasurer
and shall notify the treasurer and the
7board of that action.
AB150-ASA, s. 1383 8Section 1383. 24.71 (2) of the statutes is amended to read:
AB150-ASA,551,139 24.71 (2) Certified statement. If a school district has a state trust fund loan,
10the board shall transmit to the school district clerk a certified statement of the
11amount due for each calendar year on or before October 1 of each year until the loan
12is paid. The board shall furnish a copy of each certified statement to the state
13treasurer
secretary of administration and the department of public instruction.
AB150-ASA, s. 1384 14Section 1384. 24.71 (4) of the statutes is amended to read:
AB150-ASA,551,2215 24.71 (4) Payment to state treasurer secretary of administration. The school
16district treasurer shall transmit to the state treasurer secretary of administration
17on his or her own order the full amount levied for state trust fund loans within 15
18days after March 15. The state treasurer secretary of administration shall notify the
19board when he or she receives payment. Any payment not made by March 30 is
20delinquent and is subject to a penalty of one percent per month or fraction thereof,
21to be paid to the state treasurer secretary of administration with the delinquent
22payment.
AB150-ASA, s. 1385 23Section 1385. 24.71 (5) of the statutes is amended to read:
AB150-ASA,552,424 24.71 (5) Failure to make payment. If the school district treasurer fails to remit
25the amounts due under sub. (4), the state superintendent, upon certification of

1delinquency by the board, shall deduct the amount due including any penalty from
2any school aid payments due the school district, shall remit such amount to the state
3treasurer
secretary of administration and, no later than June 15, shall notify the
4school district treasurer and the board to that effect.
AB150-ASA, s. 1389 5Section 1389. 25.14 (3) of the statutes is amended to read:
AB150-ASA,552,196 25.14 (3) The department of administration, upon consultation with the
7investment board, shall distribute all earnings, profits or losses of the state
8investment fund to each participating fund in the same ratio as each such fund's
9average daily balance within the state investment fund bears to the total average
10daily balance of all participating funds, except as provided in s. 14.58 (19), except
11that the department of administration shall credit to the appropriation account
12under s. 20.585 (1) (js) an amount equal to the amount assessed under s. 25.19 (2)
13from the earnings or profits of the funds against which an assessment is made
and
14except that the department of administration shall credit to the appropriation
15account under s. 20.585 (1) (jt) an amount equal to the amount assessed under s.
1625.19 (3) from the earnings or profits of the funds against which an assessment is
17made. Such distribution shall be made at such times as the department of
18administration may determine, but must be made at least semiannually in each
19complete fiscal year of operation.
AB150-ASA, s. 1390 20Section 1390. 25.14 (3) of the statutes, as affected by 1995 Wisconsin Act ....
21(this act), is repealed and recreated to read:
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