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,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,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,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,545,1514
24.61
(2) (a) 6. Bonds of the University of Wisconsin Hospitals and Clinics
15Authority.
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,545,2121
24.61
(3) (a) 9. A consortium.
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,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,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,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,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,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,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,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,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,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,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,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,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,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,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,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,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,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:
AB150-ASA,553,722
25.14
(3) The department of administration, upon consultation with the
23investment board, shall distribute all earnings, profits or losses of the state
24investment fund to each participating fund in the same ratio as each such fund's
25average daily balance within the state investment fund bears to the total average
1daily balance of all participating funds, except as provided in s. 16.40 (34) and except
2that the department of administration shall credit to the appropriation account
3under s. 20.505 (1) (kj) an amount equal to the amount assessed under s. 25.19 (3)
4from the earnings or profits of the funds against which an assessment is made. Such
5distribution shall be made at such times as the department of administration may
6determine, but must be made at least semiannually in each complete fiscal year of
7operation.
AB150-ASA,553,1010
25.17
(1) (gi) Heritage state parks and forests trust fund (s. 25.295);
AB150-ASA,553,1212
25.17
(1) (i) Information technology investment fund (s. 25.61);
AB150-ASA,553,1514
25.17
(3) (b) 9. Bonds issued by the University of Wisconsin Hospitals and
15Clinics Authority.
AB150-ASA,553,1917
25.19
(1) The state treasurer shall be the treasurer of the investment board and
18shall give an additional bond in such amount and with such corporate sureties as is
19required and approved by the board, the cost of which shall be borne by the board.
AB150-ASA,554,2
20(1m) Any of the securities purchased by the investment board for any of the
21funds whose investment is under the control of the board may be deposited by the
22board
or the state treasurer in vaults or other safe depositories
outside of the office
23of the state treasurer, and either in or outside of this state
, but a safekeeping receipt
24shall be delivered to the state treasurer for all securities so deposited. Every such
25safekeeping receipt shall describe the securities covered thereby and be payable on
1demand, without conditions, to the investment board or to any designated fund
2under the control of the board or to the state treasurer.
AB150-ASA,554,75
25.19
(3) The
state treasurer secretary of administration shall, at the direction
6of the depository selection board under s. 34.045 (1) (b), allocate bank service costs
7to the funds incurring those costs.
AB150-ASA,554,109
25.19
(4) The
state treasurer secretary of administration shall provide advice
10to state agencies concerning efficient cash management practices.
AB150-ASA,554,1612
25.29
(1) (a)
All Except as provided in s. 25.295, all moneys accruing to the state
13for or in behalf of the department under chs. 26, 27, 28, 29 and 350, subchs. I and VI
14of ch. 77 and ss. 23.09 to 23.42, 23.50 to 23.99, 30.50 to 30.55, 70.58 and 71.10 (5),
15including grants received from the federal government or any of its agencies except
16as otherwise provided by law.
AB150-ASA,554,1918
25.29
(1) (e) An amount equal to the amounts expended under s. 20.370
(1) (kw) 19(7) (aq).
AB150-ASA,554,2121
25.29
(3) (b) As provided in s. 20.370
(4) (5) (aq).