AB150-engrossed,1514,2322
144.241
(12) (c) 1. Except as modified under par. (f), the interest rate for tier
231 projects is 50% of market interest rate.
AB150-engrossed,1514,2524
2. Except as modified under par. (f), the interest rate for tier 2 projects is 70%
25of market interest rate.
AB150-engrossed,1515,1
13. The interest rate for tier 3 projects is market interest rate.
AB150-engrossed,1515,74
144.241
(12) (f) The department
and the department of administration jointly 5may request the joint committee on finance to take action under s. 13.101 (11) to
6modify the percentage of market interest rates established by rule for tier 1 and tier
72 projects.
AB150-engrossed,1515,179
144.241
(13) Financial hardship assistance. (a) The department shall provide
10advance funding grants to fund a portion of the costs of preparing facility plans under
11sub. (8s) and project plans and specifications required under sub. (9) (a). The
12department shall approve an advance funding grant for a municipality if the median
13household income in the municipality is 80% or less of the median household income
14in this state. The amount of an advance funding grant for a facility plan is 50% of
15the cost of completing the facility plan, but not more than $20,000. The amount of
16an advance funding grant for project plans and specifications is 50% of the cost of
17completing plans and specifications but not more than $40,000.
AB150-engrossed,1515,2118
(b) A municipality with an application that is approved under sub. (9m) is
19eligible for financial hardship assistance for the project costs that are eligible under
20this section and s. 144.2415, except for costs to which sub. (8) (b), (c), (f) or (h) applies,
21if the municipality meets all of the following criteria:
AB150-engrossed,1515,2322
1. The median household income in the municipality is 80% or less of the
23median household income in this state.
AB150-engrossed,1516,3
12. The estimated total annual charges per residential user in the municipality
2that relate to wastewater treatment would exceed 2% of the median household
3income in the municipality without assistance under this subsection.
AB150-engrossed,1516,154
(c) The department shall provide assistance in the form of a grant of up to 90%
5of project costs that are eligible for financial hardship assistance under par. (b). The
6department shall provide a no-interest or low-interest loan for the remainder of
7those eligible costs so that estimated total annual charges per residential user in the
8municipality that relate to wastewater treatment do not exceed 2% of the median
9household income in the municipality, if possible. The department may not reduce
10the amount of financial hardship assistance for a municipality's project due to the
11municipality receiving assistance for the project from another source unless the
12combination of financial hardship assistance plus the assistance from the other
13source would reduce the estimated total annual charges per residential user in the
14municipality that relate to wastewater treatment to less than 2% of the median
15household income in the municipality.
AB150-engrossed,1516,2016
(d) The department shall establish a financial hardship assistance funding list
17for each fiscal year that ranks projects of municipalities that are eligible under par.
18(b), and that submit complete financial assistance applications under sub. (9) (a) no
19later than June 30 of the preceding fiscal year, in the same order that they appear
20on the priority list under sub. (8e).
AB150-engrossed,1516,2221
(e) In each fiscal year, the department shall allocate financial hardship
22assistance under this subsection in the following order:
AB150-engrossed,1516,2323
1. Advance planning grants under par. (a).
AB150-engrossed,1517,224
2. Assistance under par. (b) for projects that were on a funding list under par.
25(d) for a prior fiscal year, that have not previously received funding and that were in
1the top 20% of projects on the priority list under sub. (8e) for the prior fiscal year,
2starting with projects on the funding list for the earliest fiscal year.
AB150-engrossed,1517,43
3. Assistance under par. (b) for projects on the current fiscal year's funding list
4under par. (d) in the order that they appear on the funding list.
AB150-engrossed,1517,75
(f) The department shall promulgate, by rule, a formula for estimating
6operating, maintenance and replacement costs for determining estimated
7wastewater treatment user charges under this subsection.
AB150-engrossed,1517,139
144.241
(13m) (b) Grants provided under this subsection are not included for
10the purposes of determining under sub. (8) (i) the amount that a municipality may
11receive for projects under this section and s. 144.2415. Grants awarded under this
12subsection are not considered for the purposes of sub.
(11) (d) (9m) (e) or s. 144.2415
13(3) (d).
AB150-engrossed,1517,1715
144.241
(14) (b) 1. Establish a dedicated source of revenue
, that is acceptable
16to the department of administration under s. 144.2415 (9) (am) and (b), for the
17repayment of any financial assistance.
AB150-engrossed,1517,2320
144.241
(15) (a) (intro.)
Subject to pars. (b) and (c), the The department
shall 21and the department of administration may, at the request of a municipality, issue a
22notice of financial assistance commitment to
a the municipality
within 90 days after
23all of the following occur:
AB150-engrossed,1518,3
1144.241
(15) (a) 1. The department approves the municipality's application
2under sub. (9m) (a) and the department of administration has allocated subsidy for
3the municipality's project.
AB150-engrossed,1518,106
144.241
(15) (am) The notice of financial assistance commitment shall include
7the conditions that the municipality must meet to secure the financial assistance and
8shall include the estimated
loan payment and repayment schedules
, as determined
9by the department and the department of administration, and other terms of the
10financial assistance.
AB150-engrossed, s. 4264
12Section
4264. 144.241 (15) (c) of the statutes is renumbered 144.241 (9m) (c)
13and amended to read:
AB150-engrossed,1518,1714
144.241
(9m) (c) The department may
issue a notice of financial assistance
15commitment to a municipality approve an application under par. (a) in a year only
16after the amount under s. 144.2415 (3) (d) for the biennium in which that year falls
17has been approved by the legislature under s. 144.2415 (3) (d).
AB150-engrossed,1519,322
144.2415
(3) (a) 4. The extent to which the clean water fund will be maintained
23in perpetuity
, and the extent to which the clean water fund will retain its purchasing
24power, meet the requirements of this section and s. 144.241 to provide financial
25assistance for water quality pollution abatement needs and nonpoint source water
1pollution management needs, and provide a stable and sustainable annual level of
2financial assistance under this section and s. 144.241 proportional to the state's
3long-term water pollution abatement and management needs and priorities.
AB150-engrossed,1519,105
144.2415
(3) (a) 5.
A fund balance sheet, cash flow of existing loans and
6commitments, report of loans and commitments, fund profits and losses including
7yield on prior year loans Audited financial statements of the past operations and
8activities of the program under this section and s. 144.241, the estimated fund capital
9available in each of the next 4 fiscal years, and the projected clean water fund balance
10for each of the next 20 years given existing obligations and financial conditions.
AB150-engrossed,1519,1312
144.2415
(3) (a) 9. The impact of the biennial finance plan on the
guidelines 13guideline under par. (b).
AB150-engrossed, s. 4274
14Section
4274. 144.2415 (3) (b) (intro.) and 2. of the statutes are consolidated,
15renumbered 144.2415 (3) (b) and amended to read:
AB150-engrossed,1519,2016
144.2415
(3) (b) The department of administration and the department shall
17consider
the following as guidelines as a guideline in preparing the biennial finance
18plan
: 2. That that all state water pollution abatement general obligation debt
19service costs should not exceed 50% of all general obligation debt service costs to the
20state.
AB150-engrossed,1520,223
144.2415
(3) (bm) 2. No later than 30 days after the day on which the biennial
24budget is submitted to the legislature under s. 16.45,
the version of amendments to
1the biennial finance plan that
contains
update the plan to reflect material approved
2by the governor for inclusion in the budget.
AB150-engrossed,1520,124
144.2415
(3) (br) The joint committee on finance and each standing committee
5may submit to the building commission its recommendations and comments
6regarding each version of the biennial finance plan
and amendments to the biennial
7finance plan, and whether the version of the biennial finance plan updated to reflect
8the adopted biennial budget act should be approved or disapproved as specified
9under s. 13.48 (26). If the building commission disapproves the version of the
10biennial finance plan that is updated to reflect the adopted biennial budget act, the
11department and the department of administration shall submit a revised biennial
12finance plan to the building commission.
AB150-engrossed,1520,1815
144.2415
(3) (c) (intro.) No moneys from the clean water fund may be expended
16in a biennium until the legislature reviews and approves all of the following
, either
17in 1989 Wisconsin Act 366 for the 1989-91 biennium or as part of the biennial budget
18act for
any other the biennium:
AB150-engrossed,1520,2119
1. An amount that is specified for that biennium under par. (d) and
, for any
20biennium after the 1989-91 biennium, is based on the amount included in the
21biennial finance plan under par. (a) 6.
AB150-engrossed,1520,2423
144.2415
(3) (d) 1. Equal to
$115,800,000 $80,000,000 during the
1993-95 241995-97 biennium.
AB150-engrossed,1520,2525
3. Equal to $1,000 for any biennium after the
1993-95
1995-97 biennium.
AB150-engrossed,1521,92
144.2415
(3) (dm) The department of administration may allocate amounts
3approved under par. (d) as the present value of subsidies for financial assistance
4under this section and s. 144.241, including financial hardship assistance and
5assistance for the additional costs of approved projects. The department of
6administration may allocate amounts from the amount approved under par. (d) for
7a biennium until December 30 of the fiscal year immediately following the biennium
8for projects for which complete applications under s. 144.241 (9) (a) are submitted
9before the end of the biennium.
AB150-engrossed,1521,1611
144.2415
(3) (e) The department may expend, for financial assistance in a
12biennium other than financial hardship assistance under s. 144.241 (13) (e), an
13amount up to
74% 85% of the amount approved by the legislature under par. (d). The
14department may expend such amount only from the percentage of the amount
15approved under par. (d) that is not available under par. (f) for financial hardship
16assistance
or under par. (g) for additional costs.
AB150-engrossed,1521,2318
144.2415
(3) (f) The department may expend, for financial hardship assistance
19in a biennium under s. 144.241 (13) (e), an amount up to
18% 15% of the amount
20approved by the legislature under par. (d) for that biennium. The department may
21expend such amount only from the percentage of the amount approved by the
22legislature under par. (d) that is not available under par. (e) for financial assistance
23or under par. (g) for additional costs.
AB150-engrossed,1522,5
1144.2415
(3) (i) Using the amount approved under par. (d) as a base, the
2department of administration
and the department shall calculate the present value
3of the actual subsidy of each clean water fund loan or grant to be made for those
4projects in each biennium that are approved for financial assistance by the 2
5departments. The present value shall be discounted as provided under par. (a) 6.
AB150-engrossed,1522,127
144.2415
(3) (j) No later than November 1 of each odd-numbered year, the
8department of administration and the department jointly shall submit a report, to
9the building commission and committees as required under par. (bm), on the
10implementation of the amount established under par. (d) as required under s.
11144.241
(11) (d) (9m) (e), and on the operations and activities of the clean water fund
12program for the previous biennium.
AB150-engrossed,1522,2214
144.2415
(4) (c) The building commission may pledge any portion of revenues
15received or to be received in the fund established in par. (b) or the clean water fund
16to secure revenue obligations issued under this subsection. The pledge shall provide
17for the transfer to the clean water fund of all pledged revenues, including any
18interest earned on the revenues, which are in excess of the amounts required to be
19paid under s. 20.320 (1) (c)
, (d) and (u) for the purposes specified in s. 25.43 (3). The
20pledge shall provide that the transfers be made at least twice yearly, that the
21transferred amounts be deposited in the clean water fund and that the transferred
22amounts are free of any prior pledge.
AB150-engrossed,1523,424
144.2415
(9) (a) A loan approved under this section and s. 144.241 shall be for
25no longer than 20 years, as determined by the department of administration
and the
1department, be fully amortized not later than 20 years after the original date of the
2note, and require the repayment of principal and interest, if any, to begin not later
3than 12 months after the expected date of completion of the project that it funds, as
4determined by the department of administration
and the department.
AB150-engrossed,1523,156
144.2415
(9) (am) The department of administration, in consultation with the
7department, may establish those terms and conditions of a financial assistance
8agreement that relate to its financial management, including what type of municipal
9obligation, as set forth under s. 66.36, is required for the repayment of the financial
10assistance. Any terms and conditions established under this paragraph by the
11department of administration shall comply with the requirements of this section and
12s. 144.241. In setting such terms and conditions, the department of administration
13may consider factors that the department of administration finds are relevant,
14including the type of municipal obligation evidencing the loan
or a, the pledge of
15security for the municipal obligation and the municipality's creditworthiness.
AB150-engrossed,1523,2317
144.2415
(11) (a) The department
of natural resources and the department of
18administration may enter into a financial assistance agreement with a municipality
19for which the department
issues a notice of financial assistance commitment under
20this section of administration has allocated subsidy under s. 144.241 (9m) if the
21municipality meets the
condition conditions under
sub. (9) and s. 144.241 (14)
(b) 8. 22and the other requirements
established by the department and the department of
23administration under this section and s. 144.241.
AB150-engrossed,1524,3
1(am) The department of administration shall make the financial assistance
2payments to a municipality
with which
the department has entered into a financial
3assistance agreement under par. (a)
or to the municipality's designated agent.
AB150-engrossed,1524,95
144.2415
(11) (c) The department of administration may
not make retain the
6last payment under a financial assistance agreement until the department
of
7natural resources and the department of administration determine that the project
8is completed and meets
all the applicable requirements of
the this section and s.
9144.241 and that the conditions of the financial assistance agreement are met.
AB150-engrossed,1524,1611
144.2415
(12) Municipal obligations. The department of administration may
12purchase or refinance obligations specified in s. 144.241 (6) (b) 1. or 2. and guarantee
13or purchase insurance for municipal obligations specified in s. 144.241 (6) (b) 3. if the
14department
approves of administration and the department of natural resources
15approve the financial assistance under this section and s. 144.241
and gives a notice
16of financial assistance commitment under this section.
AB150-engrossed,1524,2018
144.2415
(13s) Powers. The department of administration may audit, or
19contract for audits of, projects receiving financial assistance under this section and
20s. 144.241.
AB150-engrossed,1524,2422
144.2415
(14) Rules. The department of administration shall promulgate
23rules that are necessary for the proper execution of this section
and of its
24responsibilities under s. 144.241.
AB150-engrossed,1525,2
1144.25
(4) (g) 9. Complete the planning process in all priority watersheds by
2December 31,
2000 2015.
AB150-engrossed,1525,94
144.25
(4) (j) A governmental unit may use a grant under this section for
5training required under s. 92.18 or for any other training necessary to prepare
6personnel to perform job duties related to this section.
The department may contract
7with any person from the appropriations under s. 20.370 (4) (cc) and (cq) for services
8to administer or implement this chapter, including information and education and
9training.
AB150-engrossed,1525,1411
144.25
(4) (t) Transfer funds from the appropriation account under s. 20.370
12(4) (cc) or (cq) (6) (aa) or (aq) to the appropriation account under s. 20.115 (7) (km) at
13the request of the department of agriculture, trade and consumer protection, after
14the land and water conservation board approves the transfer, under s. 92.14 (5) (b).