Tuesday, May 27, 1997
10:00 A.M.
Ninety-Third Regular Session
The Senate met.
The Senate was called to order by Senator Robert Wirch.
The Chair, with unanimous consent, asked that the proper entries be made in the journal.
__________________
Read first time and referred:
Senate Bill 218
Relating to: health insurance coverage requirements, including preexisting condition exclusions, guaranteed issue, guaranteed acceptance, portability, rating restrictions, contract termination and renewability and fair marketing standards; eliminating the small employer health insurance plan and board; collective bargaining of certain health care coverage requirements; granting rule-making authority; and requiring the exercise of rule-making authority.
By
Senators
Moen, Wirch, Decker, Risser and Clausing; cosponsored by Representatives Lorge, Musser, Dobyns, Staskunas, Hanson, Ward, R. Young, Gronemus, Ainsworth, Robson, Meyer, Baumgart, Plouff, Travis, Murat, Hasenohrl and Reynolds.
To committee on Health, Human Services, Aging, Corrections, Veterans and Military Affairs.
Senate Bill 219
Relating to: priority of support-related obligations as tax setoffs.
By
Senator
Clausing
; cosponsored by Representatives Musser, Powers, Bock, Plouff and Notestein.
To committee on Economic Development, Housing and Government Operations.
Senate Bill 220
Relating to: operating an unregistered vehicle, temporary operation plates and creating presumption that certain motor vehicles located on a highway are unregistered or improperly registered vehicles.
By
Senator
Adelman
; cosponsored by Representative Rutkowski
.
To committee on Labor, Transportation and Financial Institutions.
Senate Bill 221
Relating to: the issuance of alternative teaching permits and teaching licenses.
By
Senators
Farrow, Huelsman and Welch; cosponsored by Representatives Duff, Underheim, Ainsworth, Grothman, Owens, Jensen, Goetsch, Seratti and Nass.
To committee on Education.
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The committee on Agriculture and Environmental Resources reports and recommends:
Senate Bill 130
Relating to: sale of rabies vaccine and rabies vaccination of dogs.
Passage.
Ayes, 4 - Senators Clausing, Shibilski, Wirch and Zien.
Noes, 1 - Senator A. Lasee.
Alice Clausing
Chairperson
The committee on Economic Development, Housing and Government Operations reports and recommends:
Senate Bill 31
Relating to: the requirements for receiving an automatic joint survivor death benefit under the Wisconsin retirement system.
Passage.
Ayes, 5 - Senators Moore, Plache, Grobschmidt, Fitzgerald and Weeden.
Noes, 0 - None.
Gwendolynne Moore
Chairperson
__________________
Senate Petition 7
A petition by 82 residents of Springbrook Village Mobile Home Park in Beloit, in support of Senate Bill 147, Relating to regulation of water/sewer charges.
By
Senator
Weeden
.
To committee on Utility Regulation.
State of Wisconsin
Investment Board
May 22, 1997
The Honorable, The Legislature:
Section
25.17(14r) of the Statutes requires that the State of Wisconsin Investment Board (SWIB) submit a report to the Joint Committee on Audit, Joint Committee on Finance, and Chief Clerks of each House summarizing any change in the Board's investment policies, upon adoption of the change.
S178
On May 8, 1997, the Board approved the attached modifications to the Investment Policy Guidelines for the Market Evaluation Portfolio (MEP) and the Core Fixed Income Portfolio (CORE) currently managed by SWIB's Public Fixed Income Group. Investment guidelines were also slightly changed for the Real Estate Division. They are also attached. Additions to the previous guidelines areand deletions are the
stricken material.
SWIB's public bonds are presently managed in three portfolios: (1) The CORE portfolio is invested primarily in U.S. government bonds and corporate bonds purchased in public markets. (2) The MEP portfolio, prior to the following guideline changes, has been weighted primarily toward corporate securities. (3) The Intermediate Duration portfolio invests in U.S. Treasury and agency securities, primarily in the three-to-seven year maturity range.
MEP GUIDELINE CHANGES
