25.14 (3) The department of administration, upon consultation with the investment board, shall distribute all earnings, profits or losses of the state investment fund to each participating fund in the same ratio as each such fund's average daily balance within the state investment fund bears to the total average daily balance of all participating funds, except as provided in s. 16.40 (34) and except that the department of administration shall credit to the appropriation account under s. 20.505 (1) (kj) an amount equal to the amount assessed under s. 25.19 (3) from the earnings or profits of the funds against which an assessment is made. Such distribution shall be made at such times as the department of administration may determine, but must be made at least semiannually in each complete fiscal year of operation.

****NOTE: This is reconciled s. 25.14 (3). This section has been affected by LRB-1390 and LRB-2089.

SECTION 1393m. 25.16 (3) of the statutes is repealed.

SECTION 1394m. 25.17 (1) (gi) of the statutes is created to read:

25.17 (1) (gi) Heritage state parks and forests trust fund (s. 25.295);

SECTION 1395. 25.17 (1) (i) of the statutes is created to read:

25.17 (1) (i) Information technology investment fund (s. 25.61);

SECTION 1396. 25.17 (3) (b) 9. of the statutes is created to read:

25.17 (3) (b) 9. Bonds issued by the University of Wisconsin Hospitals and Clinics Authority.

SECTION 1399. 25.19 (1) of the statutes is amended to read:

25.19 (1) The state treasurer shall be the treasurer of the investment board and shall give an additional bond in such amount and with such corporate sureties as is required and approved by the board, the cost of which shall be borne by the board.

(1m) Any of the securities purchased by the investment board for any of the funds whose investment is under the control of the board may be deposited by the board or the state treasurer in vaults or other safe depositories outside of the office of the state treasurer, and either in or outside of this state, but a safekeeping receipt shall be delivered to the state treasurer for all securities so deposited. Every such safekeeping receipt shall describe the securities covered thereby and be payable on demand, without conditions, to the investment board or to any designated fund under the control of the board or to the state treasurer.

SECTION 1400. 25.19 (2) of the statutes is repealed.

SECTION 1400g. 25.19 (3) of the statutes is amended to read:

25.19 (3) The state treasurer secretary of administration shall, at the direction of the depository selection board under s. 34.045 (1) (b), allocate bank service costs to the funds incurring those costs.

SECTION 1400r. 25.19 (4) of the statutes is amended to read:

25.19 (4) The state treasurer secretary of administration shall provide advice to state agencies concerning efficient cash management practices.

SECTION 1401. 25.29 (1) (a) of the statutes is amended to read:

25.29 (1) (a) All Except as provided in s. 25.295, all moneys accruing to the state for or in behalf of the department under chs. 26, 27, 28, 29 and 350, subchs. I and VI of 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), including grants received from the federal government or any of its agencies except as otherwise provided by law.

SECTION 1402. 25.29 (1) (e) of the statutes is amended to read:

25.29 (1) (e) An amount equal to the amounts expended under s. 20.370 (1) (kw) (7) (aq).

SECTION 1403. 25.29 (3) (b) of the statutes is amended to read:

25.29 (3) (b) As provided in s. 20.370 (4) (5) (aq).

SECTION 1405e. 25.295 of the statutes is created to read:

25.295 Heritage state parks and forests trust fund. (1) There is established a separate nonlapsible trust fund designated as the heritage state parks and forests trust fund, to consist of:

(a) All gifts, grants or bequests or other contributions made to the heritage state parks and forests trust fund. The department of natural resources may convert any noncash gift, grant, bequest or other contribution into cash.

(b) Notwithstanding s. 23.15 (4), all moneys received by the department of natural resources from utility easements on property located in the state park system, a southern state forest, as defined in s. 27.016 (1) (c), or a state recreation area under ss. 23.09 (10), 27.01 (2) (g) and 28.02 (5).

(c) All moneys received by the department of natural resources that are not fees collected under s. 27.01 (7) to (10) from rentals of real property or equipment that is part of the state park system, a southern state forest, as defined in s. 27.016 (1) (c), or a state recreation area.

SECTION 1405m. 25.31 (1) of the statutes is amended to read:

25.31 (1) First: The principal of said trust fund shall be held by the state treasurer secretary of administration, and be invested and reinvested as provided in this chapter.

SECTION 1405r. 25.31 (3) of the statutes is amended to read:

25.31 (3) Third: The income shall be disbursed from the state treasury only upon warrants issued on certifications by the department of health and social services corrections upon the recommendation of the superintendent or other managing officer of such school or other institution.

SECTION 1406. 25.36 (1) of the statutes is amended to read:

25.36 (1) Except as provided in sub. (2), all moneys appropriated or transferred by law shall constitute the veterans trust fund which shall be used exclusively for the veterans programs under ss. 20.485 (2) (m), (mn), (tm), (u), (v), (vo), (w) and, (z) and (zm), 45.01, 45.25, 45.351 (1) and (2), 45.352, 45.353, 45.356, 45.357, 45.396, 45.397 and 45.43 (7) and administered by the department of veterans affairs, including all moneys received from the federal government for the benefit of veterans or their dependents; all moneys paid as interest on and repayment of loans under the post-war rehabilitation fund; soldiers rehabilitation fund, veterans housing funds as they existed prior to July 1, 1961; all moneys paid as interest on and repayment of loans under this fund; all moneys paid as expenses for, interest on and repayment of veterans trust fund stabilization loans; and all gifts of money received by the board of veterans affairs for the purposes of this fund.

SECTION 1407. 25.40 (1) (a) 2. of the statutes is amended to read:

25.40 (1) (a) 2. Other revenues specified in ch. 218 derived from the issuance of licenses under the authority of the commissioner division of banking which shall be paid into the general fund.

SECTION 1408b. 25.40 (1) (a) 5. of the statutes is repealed.

SECTION 1408m. 25.40 (1) (a) 6. of the statutes is amended to read:

25.40 (1) (a) 6. Amounts payable to the state treasurer secretary of administration under s. 85.14 (1) (b) in conjunction with the collection of fees paid by credit card.

SECTION 1411. 25.40 (2) (b) 12. of the statutes is repealed.

SECTION 1411g. 25.40 (2) (b) 13. of the statutes is amended to read:

25.40 (2) (b) 13. Section 20.399 (1) (r) (v).

SECTION 1411r. 25.40 (2) (b) 13. of the statutes, as affected by 1995 Wisconsin Act .... (this act), is renumbered 25.40 (2) (b) 15m. and amended to read:

25.40 (2) (b) 15m. Section 20.399 (1) 20.445 (6) (v).

SECTION 1413. 25.40 (2) (b) 17. of the statutes is repealed.

SECTION 1414. 25.43 (3) of the statutes is amended to read:

25.43 (3) Except for the purpose of investment as provided in s. 25.17 (2) (d), the clean water fund may be used only for the purposes authorized under ss. 20.320 (1) (r), (s) and (t), 20.370 (2) (mt) and (mx) and (4) (iv) and (ix), (6) (mu) and (mx) and (8) (mr), 20.505 (1) (v) and (x), 144.241 and 144.2415.

SECTION 1415. 25.46 (17m) of the statutes is created to read:

25.46 (17m) All moneys received under s. 144.968 (2) for cooperative remedial action.

SECTION 1417. 25.465 (7) of the statutes is amended to read:

25.465 (7) The fees imposed under s. 94.705 (1) and (4).

SECTION 1418. 25.50 (1) (d) of the statutes is amended to read:

25.50 (1) (d) "Local government" means any county, town, village, city, power district, sewerage district, drainage district, town sanitary district, public inland lake protection and rehabilitation district, public library system, school district or technical college district in this state, any commission, committee, board or officer of any governmental subdivision of this state, any court of this state, other than the court of appeals or the supreme court, or any authority created under s. 231.02, 233.02 or 234.02.

SECTION 1420. 25.61 of the statutes is created to read:

25.61 Information technology investment fund. There is created a separate nonlapsible trust fund designated as the information technology investment fund consisting of all revenues accruing to the state from fees assessed under ss. 16.701, 16.702 and 16.855 (22) and from gifts, grants and bequests made for information technology development purposes and moneys transferred to the fund from other funds.

SECTION 1420d. 25.65 (3) of the statutes is amended to read:

25.65 (3) COUNTY GOVERNMENTS AUTHORIZED TO PLACE COUNTY FUNDS IN FUND. With the consent of the county board a county official may transfer county funds received under s. 70.395 (2) (d) 1. to the state treasurer secretary of administration for deposit in the fund. A county official may authorize the investment and local impact fund board to transfer the county funds to the state treasurer secretary of administration for the county.

SECTION 1420h. 25.65 (4) of the statutes is amended to read:

25.65 (4) PERIOD OF INVESTMENTS; WITHDRAWAL OF FUNDS. Subject to the restrictions in this subsection the state treasurer secretary of administration shall prescribe the mechanisms and procedures for deposits and withdrawals. The mechanisms and procedures shall include a requirement for review and approval by the investment and local impact fund board of all withdrawals made within 10 years of deposit. The state treasurer secretary of administration shall notify the investment and local impact fund board of all withdrawals made 10 years or more after deposit. Withdrawals shall be made only to cover the costs of alleviating impacts due to the closing of a metalliferous mine in the county or the curtailment of metalliferous mining activity in the county.

SECTION 1420p. 25.65 (6) of the statutes is amended to read:

25.65 (6) REIMBURSEMENT OF EXPENSES. The state treasurer secretary of administration shall deduct quarterly a maximum of 0.25% of the amount of income received from the earnings of the fund during the preceding calendar quarter for all actual and necessary expenses incurred by the state in administering the fund.

SECTION 1420t. 25.65 (7) (b) of the statutes is amended to read:

25.65 (7) (b) The state treasurer secretary of administration shall report quarterly to each county official the deposits and withdrawals of the preceding quarter and any other activity within the account.

SECTION 1420u. 25.75 (1) (am) of the statutes is repealed.

SECTION 1420v. 25.75 (2) of the statutes is amended to read:

25.75 (2) CREATION. There is created a separate nonlapsible trust fund known as the lottery fund, to consist of gross lottery revenues received by the commission department of revenue.

SECTION 1420w. 25.75 (3) (b) 1. of the statutes is amended to read:

25.75 (3) (b) 1. Compensation paid to retailers under s. 565.10 (14) shall be included regardless of whether the compensation is deducted by the retailer prior to transmitting lottery ticket and lottery share revenues to the commission department of revenue.

SECTION 1428. 26.11 (7) of the statutes is created to read:

26.11 (7) (a) Notwithstanding s. 20.001 (3) (c), if the sum of the unencumbered balances in the appropriation accounts under s. 20.370 (1) (cs) and (mz) exceeds $500,000 on June 30 of any fiscal year, the amount in excess of $500,000 shall lapse from the appropriation account under s. 20.370 (1) (cs) to the conservation fund, except as provided in par. (b).

(b) Notwithstanding s. 20.001 (3) (c), if the amount in the appropriation account under s. 20.370 (1) (cs) is insufficient for the amount that must lapse under par. (a), the remainder that is necessary for the lapse shall lapse from the appropriation account under s. 20.370 (1) (mz).

SECTION 1428m. 26.14 (4) of the statutes is amended to read:

26.14 (4) Emergency fire wardens or those assisting them in the fighting of forest fires shall prepare itemized accounts of their services and the services of those employed by them, as well as other expenses incurred, on blanks to be furnished by the department and in a manner prescribed by the department, and make oaths or affirmation that said account is just and correct, which account shall be forwarded and approved for payment by the department. As soon as any such account has been paid by the state treasurer secretary of administration the department of natural resources shall send to the proper county treasurer a bill for the county's share of such expenses and a copy of the bill shall be filed with the department of administration. The county shall have 60 days within which to pay such bill, but if not paid within that time the county shall be liable for interest at the rate of 6% per year. If payment is not made within 60 days the department of administration shall include such amount as a part of the next levy against the county for state taxes, but no county shall be required to pay more than $5,000 in any one year. Any unpaid levy under this section shall remain a charge against the county and the department of administration shall include such unpaid sums in the state tax levy of the respective counties in subsequent years.

SECTION 1430g. 26.30 (9) (b) (intro.) of the statutes is amended to read:

26.30 (9) (b) (intro.) As soon as the expenses incurred by the state in forest pest control work have been paid by the state treasurer secretary of administration, the department shall send to each landowner a bill covering an equitable share of such expenses as herein provided.

SECTION 1430m. 26.37 of the statutes is created to read:

26.37 Lake states wood utilization consortium. (1) The department of natural resources and the department of development shall jointly develop a plan to establish a lake states wood utilization consortium to provide research, development and demonstration grants to enhance the forest products industry in Wisconsin and other states. The plan shall do all of the following:

(a) Define the powers, duties and responsibilities of the consortium.

(b) Establish an implementation committee for the consortium. Members of the committee may include one or more representatives from the department of natural resources, the department of development and the forest products industry.

(c) Specify eligibility requirements for the grants and criteria for awarding the grants, including how the grants are to be distributed to each state participating in the consortium.

(d) Require that the grants require matching funds or in-kind contributions by industrial recipients of the grants.

(e) Require the implementation committee to identify an organization that can administer and award the grants and oversee the grant program.

(f) Require the consortium to actively pursue funding from the states of Michigan and Minnesota of $200,000 annually from each state for 3 years.

(g) Require the consortium to actively pursue federal and other funding sources.

(2) The department of natural resources may not expend moneys from the appropriations under s. 20.370 (5) (ax) or (6) (bt) unless the department of natural resources and the department of development first submit to the joint committee on finance the plan required under sub. (1). If the cochairpersons of the joint committee on finance do not notify the department of natural resources within 14 working days after the date of the departments' submittal of the plan that the committee has scheduled a meeting to review the plan, the plan may be implemented and moneys may be expended as proposed by the department of natural resources. If, within 14 days after the date of the departments' submittal of the plan, the cochairpersons of the committee notify the department of natural resources that the committee has scheduled a meeting to review the plan, moneys may be expended only after the plan has been approved by the committee.

SECTION 1471. 27.01 (7) (f) 1. of the statutes is amended to read:

27.01 (7) (f) 1. Except as provided in par. (gm), the fee for an annual vehicle admission sticker is $15 $18 for each vehicle which has Wisconsin registration plates, except that no fee is charged for a sticker issued under s. 29.1475 (6).

SECTION 1472. 27.01 (7) (f) 2. of the statutes is amended to read:

27.01 (7) (f) 2. Except as provided in subds. 3. and 4. and par. (gm) 4., the fee for a daily vehicle admission sticker is $4 $5 for any vehicle which has Wisconsin registration plates.

SECTION 1473. 27.01 (7) (g) 1. of the statutes is amended to read:

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