34.03 (title) Powers of the commissioner of banking department of financial institutions. (intro.) The commissioner of banking department of financial institutions may do any of the following:
SECTION 1738. 34.03 (2) of the statutes is amended to read:
34.03 (2) Require any public depository or the trustees of segregated trusts created by banks for the benefit of public depositors to furnish information upon request. Any public depository which refuses or neglects to give any information so requested shall be excluded from the right to receive public deposits. Information obtained under this subsection may not be disclosed by the commissioner of banking department of financial institutions unless disclosed as provided in s. 220.06.
SECTION 1739. 34.03 (3) of the statutes is amended to read:
34.03 (3) Take such action as he or she deems necessary or appropriate for the protection, collection, compromise or settlement of any claim against or in favor of the appropriation under s. 20.124 20.144 (1) (a).
SECTION 1740. 34.05 (1) of the statutes is amended to read:
34.05 (1) Except as provided in sub. (4) and subject to sub. (5), the governing board of each public depositor shall, by resolution, designate one or more public depositories, organized and doing business under the laws of this state or federal law and located in this state, in which the treasurer of the governing board shall deposit all public moneys received by him or her and specify whether the moneys shall be maintained in time deposits subject to the limitations of s. 66.04 (2), demand deposits or savings deposits and whether a surety bond or other security shall be required to be furnished under s. 34.07 by the public depository to secure the repayment of such deposits. A designation of a public depository by the governing board shall be a designation of the public depository for all treasurers of the governing board and for all public depositors for which each treasurer shall act.
SECTION 1741. 34.05 (5) of the statutes is created to read:
34.05 (5) The investment board shall designate the public depositories participating in the capital access program under s. 560.13 as the public depositories for the deposit of moneys appropriated under s. 20.143 (1) (cp) and (kq).
SECTION 1742. 34.08 (1) of the statutes is amended to read:
34.08 (1) Except as provided in sub. (2), the appropriation in s. 20.124 20.144 (1) (a) shall be used to repay public depositors for losses until the appropriation is exhausted.
SECTION 1743. 34.08 (2) of the statutes is amended to read:
34.08 (2) Payments under sub. (1) shall be made in the order in which satisfactory proofs of loss are received by the commissioner of banking department of financial institutions. The payment made to any public depositor for all losses of the public depositor in any individual public depository may not exceed $400,000 above the amount of deposit insurance provided by an agency of the United States or by the Wisconsin credit union savings insurance corporation at the public depository which experienced the loss. Upon a satisfactory proof of loss, the commissioner of banking department of financial institutions shall direct the department of administration to draw its warrant payable from the appropriation under s. 20.124 20.144 (1) (a) and the state treasurer shall pay the warrant under s. 14.58 (4) 16.413 (1) (d) in favor of the public depositor that has submitted the proof of loss.
****NOTE: This is reconciled s. 34.08 (2). This section has been affected by drafts with the following LRB #'s: 95-2571/3 and 2089/3.
SECTION 1744. 34.08 (3) of the statutes is amended to read:
34.08 (3) Losses become fixed as of the date of loss. A public depositor experiencing a loss shall, within 60 days of the loss, assign its interest in the deposit, to the extent of the amount paid under this section, to the commissioner of banking department of financial institutions. Upon failure to make the assignment, the public depositor shall forfeit its right to payment under this section. Any recovery made by the commissioner of banking department of financial institutions under the assignment shall be repaid to the appropriation under s. 20.124 20.144 (1) (a).
SECTION 1745. 34.09 of the statutes is amended to read:
34.09 Financial institutions eligible as public depositories. Every federal or state credit union, state bank, federal or state savings and loan association, savings and trust company and federal or state savings bank and every national bank located in this state which complies in all respects as to public deposits with this chapter and will accept payments made by the state under s. 16.412 may be designated as a public depository and may receive and hold public deposits, subject to this chapter. The commissioner of banking department of financial institutions shall have the same powers and duties with regard to making and continuing public deposits in national banks, federal and state credit unions, federal and state savings banks and federal and state savings and loan associations as the powers and duties exercised and performed by the commissioner of banking department of financial institutions with regard to public deposits in state banks.
SECTION 1746. 34.10 of the statutes is amended to read:
34.10 Reorganization and stabilization of financial institutions. Whenever the commissioner office of credit unions, administrator of federal credit unions, commissioner of banking, U.S. comptroller of the currency, federal home loan bank board, U.S. office of thrift supervision, federal deposit insurance corporation, resolution trust corporation or commissioner of savings and loan department of financial institutions has taken charge of a credit union, bank, savings bank or savings and loan association with a view of restoring its solvency, pursuant to law, or with a view of stabilizing and readjusting the structure of any national or state credit union, bank, savings bank or savings and loan association located in this state, and has approved a reorganization plan or a stabilization and readjustment agreement entered into between the credit union, bank, savings bank or savings and loan association and depositors and unsecured creditors, or when a credit union, bank, savings bank or savings and loan association, with the approval of the commissioner office of credit unions, administrator of federal credit unions, commissioner of banking, U.S. comptroller of the currency, federal home loan bank board, U.S. office of thrift supervision, federal deposit insurance corporation, resolution trust corporation or commissioner of savings and loan department of financial institutions proposes to sell its assets to another credit union, bank, savings bank or savings and loan association which agrees to assume a part or all of the deposit liability of such selling credit union, bank, savings bank or savings and loan association and to pay the same on a deferred payment basis, the governing board of the public depositor may, on the approval of the commissioner of banking department of financial institutions, join in the execution of any reorganization plan, or any stabilization and readjustment agreement, or any depositor's agreement relative to a proposed sale of assets if, in its judgment and that of the commissioner of banking department of financial institutions, the reorganization plan or stabilization and readjustment agreement or proposed sale of assets is in the best interest of all persons concerned. The joining in any reorganization plan, or any stabilization and readjustment agreement, or any proposed sale of assets which meets the approval of the commissioner of banking department of financial institutions does not waive any rights under this chapter.
SECTION 1747. 34.11 of the statutes is amended to read:
34.11 Penalties. Any person who wilfully violates ss. 34.01 to 34.10, or any orders or rules promulgated by the commissioner of banking department of financial institutions under said sections, shall for each such offense be fined not more than $500 or imprisoned not more than 6 months, or both.
SECTION 1748. 35.03 (4) of the statutes is amended to read:
35.03 (4) Direct the manner, form, style, quantity and method, when these are not expressly prescribed by law, of public printing for state agencies except printing of the first class; and provide editorial services to state agencies in the preparation of copy for the printer.
SECTION 1749. 35.24 (1) (a) of the statutes is amended to read:
35.24 (1) (a) The Blue Book shall contain the biographies and pictures of state officers, senators and representatives to the assembly and officers of each house, information pertaining to the organization of Wisconsin state government, and statistical and other information of the same general character as that heretofore published, but so selected and condensed as will limit the number of pages to 1,000 or less. In making such selection the legislative reference bureau is directed to consult freely with the state superintendent secretary of education and the director of the historical society, and insofar as possible, make the book useful for civics classes in schools.
SECTION 1750. 35.84 (figure) column B line 43 of the statutes is amended to read:
35.84 (figure) Column B Statutes, Soft Covers; s. 35.18
43. Public Defender Board 340 378
SECTION 1751. 35.84 (figure) column C line 43 of the statutes is amended to read:
35.84 (figure) Column C Annotations; s. 35.23
43. Public Defender Board 41 44
SECTION 1752. 35.84 (figure) column D line 43 of the statutes is amended to read:
35.84 (figure) Column D Laws of Wisconsin; s. 35.15
43. Public Defender Board 41 44
SECTION 1753. 35.84 (figure) column J line 43 of the statutes is amended to read:
35.84 (figure) Column J Opinions of Attorney General; s. 35.28; s. 165.015 (1)
43. Public Defender Board 41 44
SECTION 1754. 35.84 (figure) column K line 43 of the statutes is amended to read:
35.84 (figure) Column K Supreme Court Reports; s. 35.28; s. 751.11
43. Public Defender Board 41 44
SECTION 1755. 35.86 (1) of the statutes is amended to read:
35.86 (1) The director of the historical society may procure the exchange of public documents produced by federal, state, county, local and other agencies as may be desirable to maintain or enlarge its historical, literary and statistical collections, and may make such distributions of public documents, with or without exchange, as may accord with interstate or international comity. The state law librarian shall procure so many of such exchanges as the state law librarian is authorized by law to make, and the department of health and social services, commissioner of banking department of financial institutions, department of public instruction, legislative reference bureau, and the legislative council staff, may procure by exchange such documents from other states and countries as may be needed for use in their respective offices. Any other state agency wishing to initiate a formal exchange program in accordance with this section may do so by submitting a formal application to the department and by otherwise complying with this section.
SECTION 1756. 36.07 (1) of the statutes is amended to read:
36.07 (1) (title) CORPORATE STATUS AND TITLE TITLE. The board and their successors in office shall constitute a body corporate by shall bear the name of "Board of Regents of the University of Wisconsin System".
SECTION 1757. 36.11 (1) (b) of the statutes is amended to read:
36.11 (1) (b) The board may purchase, have custody of, hold, control, possess, lease, grant easements and enjoy any lands, buildings, books, records and all other property of any nature which may be necessary and required for the purposes, objects and uses of the system authorized by law, subject to the powers of the University of Wisconsin Hospitals and Clinics Authority under s. 233.03 (13) and under the lease agreement, as defined under s. 233.01 (6), and except that the board shall not permit a facility that would be privately owned or operated to be constructed on state-owned land without obtaining prior approval of the building commission under s. 13.48 (12). The board may sell or dispose of such property as provided by law, or any part thereof when in its judgment it is for the best interests of the system and the state, except that purchases and sales of real property shall be subject to the approval of the building commission.
SECTION 1758. 36.11 (6) (a) 2. of the statutes is amended to read:
36.11 (6) (a) 2. Make grants equivalent in value to the payment of incidental fees to disabled residents of the state who are recommended and supervised by the department of health and social services industry, labor and human relations under s. 47.02.
SECTION 1759. 36.11 (26) of the statutes is amended to read:
36.11 (26) BUILDING PROGRAM PLANNING AND APPROVAL. The board shall establish a process for submission of building projects to the building commission for approval. No building project for the system may be submitted by the board to the building commission unless the project is developed and approved by the board in conformity with this subsection. This subsection does not apply to building projects of the University of Wisconsin Hospitals and Clinics Authority.
SECTION 1760. 36.11 (27) of the statutes is created to read:
36.11 (27) TRANSFER TO HISTORICAL SOCIETY. Beginning in the 1997-98 fiscal year and annually thereafter, the board of regents shall transfer from the appropriation account under s. 20.285 (1) (a) to the appropriation account under s. 20.245 (1) (k), in quarterly instalments, the amount under par. (a) or the amount under par. (b), whichever is greater, unless the board of regents and the board of curators of the historical society agree to a higher amount:
(a) An amount equal to 33% of the cost of acquisitions for and operation of the historical society library in the previous fiscal year, as determined by the secretary of administration.
(b) An amount equal to $515,000 multiplied by the sum of 1.0 plus the percentage change in the consumer price index for all urban consumers, U.S. city average, between June 30, 1996, and June 30 of the year before the payment, as computed by the federal department of labor, expressed as a decimal.
SECTION 1761. 36.11 (28) of the statutes is created to read:
36.11 (28) LEASE AGREEMENT WITH THE UNIVERSITY OF WISCONSIN HOSPITALS AND CLINICS AUTHORITY. The board shall negotiate and enter into a lease agreement with the University of Wisconsin Hospitals and Clinics Authority that meets the requirements under s. 233.04 (7).
SECTION 1762. 36.11 (29) of the statutes is created to read:
36.11 (29) OTHER AGREEMENTS WITH THE UNIVERSITY OF WISCONSIN HOSPITALS AND CLINICS AUTHORITY. The board may enter into joint purchasing contracts and other contracts, rental agreements and cooperative agreements and other necessary arrangements with the University of Wisconsin Hospitals and Clinics Authority which may be necessary and required for the purposes, objects and uses of the University of Wisconsin Hospitals and Clinics Authority authorized by law. Purchasing contracts and agreements are subject to s. 16.73 (5).
SECTION 1763. 36.25 (5) (a) of the statutes is amended to read:
36.25 (5) (a) The board of regents, as licensee, shall manage, operate and maintain broadcasting station WHA and WHA-TV and shall enter into an affiliation agreement with the educational communications board and the department of administration pursuant to s. ss.16.991 (3) (b) and 39.14. Except as provided under par. (b), the agreement shall provide that the board of regents shall grant the educational communications board and the department of administration the part-time use of equipment and space necessary for the operations of the state educational radio and television networks. The board of regents shall maintain a separate account for each revenue source for broadcasting station WHA and for WHA-TV which permits identification of the functions or activities for which expenditures are made. The board of regents shall maintain annual records of its expenditures for programming purposes by type of programming and by source of revenue.
SECTION 1764. 36.25 (5) (b) of the statutes is amended to read:
36.25 (5) (b) The board of regents may rent space on the Madison public broadcast transmission tower to the educational communications board and the department of administration and to other public and commercial broadcasters.
SECTION 1765. 36.25 (11) (a) of the statutes is amended to read:
36.25 (11) (a) The laboratory of hygiene shall be attached to the university of Wisconsin-Madison. The laboratory of hygiene board shall meet at least quarterly and may promulgate rules under ch. 227,; approve, subject to s. 16.03 (2), the laboratory of hygiene budget,; set fees,; set priorities; and make final approval of laboratory resources so that the laboratory can act in response to agencies' planned objectives and program priorities.
SECTION 1766. 36.25 (11) (g) of the statutes is amended to read:
36.25 (11) (g) The laboratory of hygiene board shall submit biennial budget requests reflecting joint budgetary planning with agencies served, and any information required by the department of administration under s. 16.43, directly to the state laboratories coordination board and to the department of administration.
SECTION 1767. 36.25 (12) (b) of the statutes is amended to read:
36.25 (12) (b) All property used by the Wisconsin psychiatric institute established under s. 46.044, except real property used by the institute and except property of the university of Wisconsin hospital and clinics University of Wisconsin Hospitals and Clinics, is transferred to the board which shall hold such property for the use of the psychiatric research institute.
SECTION 1768. 36.25 (13) (title) of the statutes is repealed.
SECTION 1769. 36.25 (13) (a) of the statutes is repealed.
SECTION 1770. 36.25 (13) (b) of the statutes is renumbered 233.04 (4), and 233.04 (4) (intro.), (a) and (b), as renumbered, are amended to read:
233.04 (4) (intro.) The board shall maintain Maintain, control and supervise the use of such hospitals the University of Wisconsin Hospitals and Clinics, for the purposes of:
(a) Delivering comprehensive, high-quality health care to patients using the hospitals and to those seeking care from its programs, including a commitment to provide such care for the medically indigent.
(b) Instructing medical Providing an environment suitable for instructing medical and other health professions students, physicians, nurses and members of other health-related disciplines.
SECTION 1771. 36.25 (13) (c) of the statutes is repealed.
SECTION 1772. 36.25 (13) (d) of the statutes is repealed.
SECTION 1773. 36.25 (30) (intro.) of the statutes is amended to read:
36.25 (30) HAZARDOUS POLLUTION PREVENTION PROGRAM. (intro.) The board shall establish in the extension a hazardous pollution prevention program to promote hazardous pollution prevention, as defined in s. 144.955 (1) (c). In cooperation with the department of natural resources, the department of development and the hazardous pollution prevention board council, the program shall do all of the following:
SECTION 1774. 36.25 (30) (b) of the statutes is repealed.
SECTION 1775. 36.25 (30) (c) of the statutes is amended to read:
36.25 (30) (c) Assist the hazardous pollution prevention board council in preparing the report under s. 144.955 (3) (f) 560.19 (4) (d).
SECTION 1776. 36.29 (1) of the statutes is amended to read:
36.29 (1) All gifts, grants and bequests for the benefit or advantage of the system or any of its institutions, departments or facilities or to provide any means of instruction, illustration or knowledge in connection therewith, whether made to trustees or otherwise, shall be valid notwithstanding any other provision of this chapter except as otherwise provided in this subsection and shall be executed and enforced according to the provisions of the instrument making the same, including all provisions and directions in any such instrument for accumulation of the income of any fund or rents and profits of any real estate without being subject to the limitations and restrictions provided by law in other cases; but no such income accumulation shall be allowed to produce a fund more than 20 times as great as that originally given. When such gifts, grants or bequests include common stocks or other investments which are not authorized by ch. 881, the board may continue to hold such common stocks or other investments and exchange, invest or reinvest the funds of such gift, grant or bequest in similar types of investments without being subject to the limitations and restrictions provided by law in other cases. No such investment shall knowingly be made in any company, corporation, subsidiary or affiliate which practices or condones through its actions discrimination on the basis of race, religion, color, creed or sex. Except as otherwise provided in this section, the board may invest not to exceed 75% 85% of trust funds held and administered by the board in common stocks, the limitation of 50% in s. 881.01 (2) to the contrary notwithstanding. This subsection does not apply to a gift, grant or bequest that the board declines to accept or that the board is not authorized to accept under this section.
SECTION 1777. 36.39 (2) of the statutes is amended to read:
36.39 (2) Complimentary and reduced price tickets required permitted by rules of intercollegiate athletic conferences in which the system participates if the chancellor of the institution participating in the athletic event has approved the furnishing of such tickets; and
SECTION 1778. 36.47 of the statutes is repealed.
SECTION 1779. 36.50 (title) and (1) (intro.) of the statutes are renumbered 196.497 (title) and (1) (intro.).
SECTION 1780. 36.50 (1) (a) of the statutes is repealed.
SECTION 1781. 36.50 (1) (b) to (d) of the statutes are renumbered 196.497 (1) (b) to (d).
