20.866 (2) (uv) Transportation, harbor improvements. From the capital improvement fund, a sum sufficient for the department of transportation to provide grants for harbor improvements. The state may contract public debt in an amount not to exceed $9,000,000 $12,000,000 for this purpose.
SECTION 1165ax. 20.866 (2) (uw) of the statutes is amended to read:
20.866 (2) (uw) Transportation; rail acquisitions and improvements. From the capital improvement fund, a sum sufficient for the department of transportation to acquire railroad property under ss. 85.08 (2) (L) and 85.09; and to provide grants and loans for rail property acquisitions and improvements under s. 85.08 (4m) (c) and (d); and to credit the appropriation account under s. 20.395 (2) (bt) as reimbursement for initial temporary funding of acquisitions, grants or loans authorized under 1993 Wisconsin Act 16, section 9154 (4n). The state may contract public debt in an amount not to exceed $10,000,000 $14,500,000 for these purposes.".
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"20.923 (4) (c) 3. Credit Office of credit unions, commissioner : director of.".
****NOTE: This corrects the spaces in 2 places on this line.
184.
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"SECTION 1212m. 20.923 (6) (intro.) of the statutes is amended to read:
20.923 (6) SALARIES SET BY APPOINTING AUTHORITIES. (intro.) Salaries for the following positions may be set by the appointing authority, subject to restrictions otherwise set forth in the statutes and the compensation plan under s. 230.12 and subject to the pay range maximum and compensation maximum under s. 230.125, except where the salaries are a subject of bargaining with a certified representative of a collective bargaining unit under s. 111.91:".
185.
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"SECTION 1217m. 20.923 (6) (bh) of the statutes is created to read:
20.923 (6) (bh) Historical society: Wisconsin sesquicentennial commission; staff.".
186.
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190.
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191.
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"SECTION 1220t. 21.49 (3) (a) of the statutes, as affected by 1995 Wisconsin Act ....(Assembly Bill 73), is repealed and recreated to read:
21.49 (3) (a) Any eligible guard member upon satisfactory completion of a full-time or part-time course in a qualifying school is eligible for a tuition grant equal to 50% of the actual tuition charged by the school or 50% of the maximum resident undergraduate tuition charged by the university of Wisconsin-Madison for a comparable number of credits, whichever amount is less.".
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195.
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"SECTION 1262qm. 23.0915 (1m) of the statutes is created to read:
23.0915 (1m) PROHIBITIONS ON EXPENDITURES. (a) 1. The department may not expend moneys from the appropriation under s. 20.866 (2) (tz) for the acquisition of land for golf courses or for the development of golf courses.
2. Subdivision 1. does not apply to the expenditure of moneys approved under an application that was made before April 1, 1995, and that was approved by the department before April 10, 1995.
(b) The department may not expend moneys from the appropriation under s. 20.866 (2) (tz) for the acquisition or development of land by a county or other local governmental unit or political subdivision if the county, local governmental unit or political subdivision acquires the land involved by condemnation.".
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"SECTION 1368b. 24.61 (3) (a) 10. of the statutes is created to read:
24.61 (3) (a) 10. A cooperative educational service agency representing 2 or more school districts in the area served by the agency for the purpose of conducting a distance education project by the school districts.".
204.
Page 540, line 19: after "municipality" insert "or cooperative educational service agency".
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"SECTION 1370i. 24.61 (7) of the statutes is created to read:
24.61 (7) LOANS TO COOPERATIVE EDUCATIONAL SERVICE AGENCIES. Whenever a cooperative educational service agency applies for a loan under sub. (3), the board shall treat the application as a loan to each of the school districts on behalf of which the loan is sought in an amount equal to the total amount of the loan divided equally by the number of school districts, unless the cooperative educational service agency specifies on its application a different arrangement that has been agreed to by all school districts for which the loan is sought. The board shall not make the loan unless each school district for which the loan is sought qualifies for a loan in the amount specified in this subsection, or a different amount if that amount is specified on the application. If the cooperative educational service agency fails to make a timely repayment of the principal or payment of the interest on the loan, each school district for which the loan is made is liable to repay the principal and pay the interest in the amount determined under this subsection.
SECTION 1371b. 24.63 (1) of the statutes is amended to read:
24.63 (1) (title) MUNICIPAL LOANS LOANS OTHER THAN TO SCHOOL DISTRICTS. State A state trust fund loans loan, other than those a loan to a school districts district, may be made for any term not exceeding 20 years, and may be made payable in instalments and. A state trust fund loan to a municipality other than a school district shall be in an amount which does not, in connection together with all other indebtedness of the municipality applying for the loan, exceed 5% of the valuation of the taxable property within the municipality as equalized for state purposes. If a state trust fund loan is made to pay off existing indebtedness, it may be advanced to the borrower in instalments as fast as the indebtedness or the evidence of indebtedness is canceled.
SECTION 1371d. 24.63 (2m) of the statutes is created to read:
24.63 (2m) COOPERATIVE EDUCATIONAL SERVICE AGENCY LOANS. A state trust fund loan to a cooperative educational service agency may be made for any term, not exceeding 20 years, as is agreed upon between the agency and the board, and for a total amount which, for each school district for which the loan is sought, in the proportion determined under s. 24.61 (7), together with all other indebtedness of the school district, does not exceed the school district's allowable indebtedness under s. 67.03 (1).
SECTION 1375b. 24.63 (4) of the statutes is amended to read:
24.63 (4) REPAYMENT BEFORE DUE DATE PERMITTED. Any municipality borrower after March 15 and prior to August 1 of any year may repay one or more instalments in advance of the due date, and all interest upon such advance payment shall thereupon terminate.".
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"and in the case of a cooperative educational service agency, the names of the school districts participating in the distance education project for which the loan is sought".
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"SECTION 1377h. 24.66 (3s) of the statutes is created to read:
24.66 (3s) FOR COOPERATIVE EDUCATIONAL SERVICE AGENCIES. An application for a loan by a cooperative educational service agency shall be accompanied by a certified copy of a resolution of the board of control of the agency approving the loan and shallcontain satisfactory proof of the valuation of all taxable property within each school district for which the loan is sought as equalized for state purposes, of the existing indebtedness of each such school district and of approval of the application by each school district in the same manner as provided for a loan to that school district for the same amount and terms under sub. (3).".
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Page 543, line 16: before "The" insert: "Every application for a loan under this subsection by a cooperative educational service agency shall be accompanied by a copy of a recorded resolution adopted by the school board of each school district for which the loan is sought, certified by the school district clerk of that school district, levying upon all taxable property of the school district a direct annual tax for the purpose of paying and sufficient to pay the school district's share of the principal and interest on the proposed loan as they become due.".
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"SECTION 1377s. 24.67 (1) (intro.) of the statutes is amended to read:
24.67 (1) (intro.) If the board approves the application, it shall cause certificates of indebtedness to be prepared in proper form and transmitted to the municipality or cooperative educational service agency submitting the application. The certificate of indebtedness shall be executed and signed:
SECTION 1377t. 24.67 (1) (L) of the statutes is created to read:
24.67 (1) (L) For a cooperative educational service agency, by the president of each school district for which the loan is made.".
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212.
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"SECTION 1379m. 24.70 of the statutes is amended to read:
24.70 (title) Collection from municipalities borrowers other than school districts. (1) APPLICABILITY. This section applies to all outstanding state trust fund loans to municipalities borrowers other than school districts.
(2) CERTIFIED STATEMENT. If a municipality borrower other than a school district has a state trust fund loan, the board shall transmit to the municipal clerk of the jurisdiction, or the person signing the application on behalf of the borrower in the case of a cooperative educational service agency, a certified statement of the amount due on or before October 1 of each year until the loan is paid repaid. The board shall submit a copy of each certified statement to the state treasurer. A cooperative educational service agency shall transmit a copy of the statement to the clerk of each school district on behalf of which the agency has obtained a loan.
(3) AMOUNT ADDED TO MUNICIPAL LEVY. The Upon receipt of a certified statement by a municipal clerk, the municipal clerk shall then cause the amount to be added to the municipal levy and collected in the same manner as the municipal tax except the amount for the state trust fund loan shall be separately designated. Upon receipt of a certified statement by a school district clerk from a cooperative educational service agency, the clerk shall cause the amount for which the district is responsible under s. 24.61 (7) to be added to the school district levy and collected in the same manner as the school district tax, except that the amount for the loan shall be separately stated.
(4) PAYMENT TO STATE TREASURER. The municipal treasurer of each municipality shall transmit to the state treasurer on his or her order the full amount levied for state trust fund loans within 15 days after March 15. Each cooperative educational service agency shall similarly transmit the annual amount owed on any state trust fund loan made to the agency by that date. The state treasurer shall notify the board when he or she receives payment. Any payment not made by March 30 is delinquent and is subject to a penalty of one percent per month to be paid to the state treasurer with the delinquent payment.
(6) FAILURE TO MAKE PAYMENTS. If the municipal treasurer any municipality fails to remit the amount due by the date specified under sub. (4), the board may file a certified statement of the amount delinquent with the department of administration. The department of administration shall collect the amount due, including any penalty, by deducting that amount from any state payments due the municipality, shall remit that amount to the state treasurer and shall notify the treasurer and the board of that action.".
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"SECTION 1386m. 24.72 of the statutes is amended to read:
24.72 Use of funds. No money obtained by a municipality borrower from a state trust fund loan may be applied to or paid out for any purpose except that specified in the application for the loan without the consent of the board.
SECTION 1387b. 24.73 of the statutes is amended to read:
24.73 Extension of loan. All loans made or which may be made from any of such state trust funds to any municipality borrower may be extended for such time and upon such terms as may be agreed upon by and between the board and such borrower; provided, however, that no loan shall be extended upon which there is any default in the payment of interest at the time of making application therefor, nor to any period beyond 20 years from its inception, nor at any rate of interest less than the minimum established by law.".
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"SECTION 1393r. 25.16 (7) of the statutes is amended to read:
25.16 (7) The executive director shall fix the compensation of all employes appointed by the executive director, subject to restrictions set forth in the compensation plan under s. 230.12, the pay range maximum and compensation maximum under s. 230.125 or any applicable collective bargaining agreement in the case of employes in the classified service, but the investment board may provide for bonus compensation to employes in the unclassified service as authorized under s. 25.156 (6).".
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