AB100-SA1,26,1311
20.435
(5) (dg)
Tobacco prevention and education program. The amounts in the
12schedule for the Thomas T. Melvin tobacco prevention and education program under
13s. 255.10.".
AB100-SA1,27,4
4"
Section 730m. 20.866 (2) (tf) of the statutes is created to read:
AB100-SA1,27,125
20.866
(2) (tf)
Natural resources; nonpoint source compliance. From the capital
6improvement fund, a sum sufficient for the department of natural resources to fund
7cost-sharing grants under s. 281.16 (5) for projects to assist agricultural facilities to
8comply with the performance standards, prohibitions, conservation practices and
9technical standards under s. 281.16 (3) and, before any rules promulgated under s.
10281.16 (3) take effect, to fund nonpoint source water pollution abatement projects
11under s. 281.65. The state may contract public debt in an amount not to exceed
12$2,000,000 for this purpose.".
AB100-SA1,27,17
15186. Page 438, line 23: delete the material beginning with "nonpoint" and
16ending with "281.65" on line 24 and substitute "soil and water resource management
17under s. 92.14".
AB100-SA1,28,2
2"
Section 766e. 23.0915 (1) (b) of the statutes is amended to read:
AB100-SA1,28,43
23.0915
(1) (b) General property development, $3,500,000
, except as provided
4in par. (bn).
AB100-SA1,28,76
23.0915
(1) (bn) General property development, $2,500,000 beginning in fiscal
7year 1997-98 and ending in fiscal year 1999-2000.
AB100-SA1,28,109
23.0915
(1) (kg) Open space protection, $2,000,000 beginning in fiscal year
101997-98 and ending in fiscal year 1999-2000.".
AB100-SA1,28,16
16"
Section 766w. 23.0925 of the statutes is created to read:
AB100-SA1,28,18
1723.0925 Open space protection program. (1) Definition. In this section,
18"local governmental unit" means a city, village, town or county.
AB100-SA1,28,22
19(2) Grants. (a) The department shall establish a program, beginning in fiscal
20year 1997-98, to expend from the appropriation under s. 20.866 (2) (tz) moneys for
21grants to local governmental units and to nonprofit conservation organizations
22under s. 23.096 to acquire conservation easements for the protection of open space.
AB100-SA1,29,323
(b) A conservation easement acquired with an open space protection grant
24awarded under this section or under s. 23.096 shall run with the land and shall bind
1all subsequent purchasers and any other successors to an interest in the land. An
2open space protection grant awarded under this section or s. 23.096 may be used to
3acquire a conservation easement in agricultural or forest land.
AB100-SA1,29,6
4(4) Amount of grant. An open space protection grant awarded under this
5section or under s. 23.096 may not exceed 75% of the cost of acquiring the
6conservation easement.
AB100-SA1,29,10
7(5) Limit on spending. Except as provided in s. 23.0915 (2), the department in
8each fiscal year may not expend from the appropriation under s. 20.866 (2) (tz) more
9than $2,000,000 for open space protection grants awarded under this section or
10under s. 23.096.".
AB100-SA1,29,12
12"
Section 766y. 23.0955 (3) of the statutes is created to read:
AB100-SA1,29,2113
23.0955
(3) From the appropriation under s. 20.866 (2) (tz), the department
14may expend $100,000 to provide one grant to a nonprofit corporation that is
15organized in this state, that is described under section
501 (c) (3) or (4) of the Internal
16Revenue Code and that is exempt from taxation under section 501 (a) of the the
17Internal Revenue Code to provide training and technical assistance to local
18governmental units to assist them in the establishment of projects for the acquisition
19of conservation easements to protect open space. For purposes of s. 23.0915 (1) and
20this section, the moneys expended under this subsection shall be treated as moneys
21for open space protection.".
AB100-SA1,29,24
22199. Page 468, line 3: after "30.277 (2) (a)." insert "
The department may
23award grants to nonprofit conservation organizations to acquire conservation
24easements under s. 23.0925.".
AB100-SA1,30,3
3"
Section 816c. 24.60 (1t) of the statutes is created to read:
AB100-SA1,30,84
24.60
(1t) "Investment grade" means having a rating of "BBB" or better by
5Standard and Poor's Corporation and a rating of "Baa" or better by Moody's Investor
6Service or, in the case of an investment that is ranked by only one of these rating
7agencies, having a rating of "BBB" or better by Standard and Poor's Corporation or
8a rating of "Baa" or better by Moody's Investor Service.
AB100-SA1,30,1210
24.61
(2) (a) 1. Bonds or notes of the United States
or of an agency of the U. S.
11government, or bonds or notes guaranteed by the United States or an agency of the
12U. S. government.
AB100-SA1,30,1515
24.61
(2) (a) 7m. Real estate located in the United States.
AB100-SA1,30,1817
24.61
(2) (a) 8. U. S., publicly traded, investment grade mortgage-backed
18securities or U.S., publicly traded, investment grade asset-backed securities.
AB100-SA1,30,2320
24.61
(2) (a) 9. Privately placed U. S. mortgages or privately placed, U.S.,
21mortgage-backed securities, if the mortgages or mortgage-backed securities are
22investment grade or, if unrated, are determined by the board to be of a quality that,
23if rated, would be investment grade.
AB100-SA1,31,3
124.61
(2) (a) 10. Debt obligations of U.S. corporations, whether publicly offered
2or privately placed, that are investment grade or, if unrated, are determined by the
3board to be of a quality that, if rated, would be investment grade.
AB100-SA1,31,75
24.61
(2) (a) 11. Financial contracts or other instruments that derive their
6value from the value or performance of securities under subd. 1. or 8. or of an index
7or group of securities under subd. 1. or 8.
AB100-SA1,31,119
24.61
(2) (a) 12. Other types of U. S. debt instruments, not described under
10subds. 1. to 10., determined by the board to be consistent with the standard of
11responsibility under par. (am).
AB100-SA1,31,1513
24.61
(2) (am)
Standard of responsibility. The standard of responsibility
14applied to the board when it invests moneys belonging to the trust funds shall be all
15of the following:
AB100-SA1,31,1916
1. To invest, sell, reinvest and collect income and rents with the care, skill,
17prudence and diligence under the circumstances then prevailing that a prudent
18person acting in a similar capacity, with the same resources, and familiar with like
19matters exercises in the conduct of an enterprise of a like character with like aims.
AB100-SA1,31,2220
2. To diversify investments in order to minimize the risk of large losses, unless
21under the circumstances it is clearly prudent not to do so, considering each trust
22fund's portfolio as a whole at any point in time.
AB100-SA1,31,2523
3. To administer assets of each trust or fund solely for the purpose of ensuring
24the fulfillment of the purpose of each trust or fund at a reasonable cost and not for
25any other purpose.".
AB100-SA1,32,7
6"
Section 852fb. 25.40 (1) (a) 17. of the statutes, as created by 1997 Wisconsin
7Act .... (this act), is repealed.".
AB100-SA1,32,9
9"
Section 883m. 25.46 (6r) of the statutes is repealed.".
AB100-SA1,32,11
11"
Section 898m. 25.46 (18r) of the statutes is created to read:
AB100-SA1,32,1312
25.46
(18r) The fees received under s. 295.15 for environmental
13management.".
AB100-SA1,32,19
15"29.092
(14) (c)
Use of surcharge fees. The wildlife damage surcharge shall be
16collected as are other approval fees and the surcharge fees shall be deposited in the
17conservation fund to be used for the wildlife damage abatement
program, the wildlife
18damage and claim program
, for wildlife abatement and control grants under s.
1929.595 and for removal activities by the department under s. 29.59.".
AB100-SA1,32,21
21"
Section 1105r. 29.33 (4m) (c) (intro.) of the statutes is amended to read:
AB100-SA1,33,322
29.33
(4m) (c) (intro.) A commercial fisher licensed under sub. (1) may fish by
23trawl for the total allowable commercial harvest of smelt, as set by rule by the
1department, on the waters of Green Bay at any time during
nighttime hours the
2period beginning one hour after sunset and ending 3 hours after sunrise if all of the
3following apply:
AB100-SA1,33,65
29.33
(4m) (c) 2. The fishing occurs in the areas and during the seasons
6established by the department for the fishing of smelt
on Green Bay.
AB100-SA1,33,108
29.33
(4m) (d) A commercial fisher licensed under sub. (1) may fish by trawl
9for the total allowable commercial harvest of smelt, as set by rule by the department,
10on Lake Michigan during any month except May if all of the following apply:
AB100-SA1,33,1111
1. The smelt will be used or sold for human consumption.
AB100-SA1,33,1312
2. The fishing occurs in the areas and during the hours established by the
13department for the fishing of smelt on Lake Michigan.