AB100,482,11
123.54 (3) (i) Notice that if the defendant makes a deposit and fails to appear
2in court at the time fixed in the citation, the defendant will be deemed to have
3tendered a plea of no contest and submitted to a forfeiture, a penalty assessment, a
4jail assessment, a crime laboratories assessment, any applicable weapons
5assessment, any applicable environmental assessment, any applicable wild animal
6protection assessment, any applicable natural resources assessment, any applicable
7fishing shelter removal assessment, any applicable snowmobile registration
8restitution payment and any applicable natural resources restitution payment plus
9costs, including any applicable fees prescribed in ch. 814, not to exceed the amount
10of the deposit. The notice shall also state that the court may decide to summon the
11defendant rather than accept the deposit and plea.
AB100, s. 795 12Section 795. 23.54 (3) (j) of the statutes is amended to read:
AB100,482,2513 23.54 (3) (j) Notice that if the defendant makes a deposit and signs the
14stipulation, the defendant will be deemed to have tendered a plea of no contest and
15submitted to a forfeiture, a penalty assessment, a jail assessment, a crime
16laboratories assessment,
any applicable weapons assessment, any applicable
17environmental assessment, any applicable wild animal protection assessment, any
18applicable natural resources assessment, any applicable fishing shelter removal
19assessment, any applicable snowmobile registration restitution payment and any
20applicable natural resources restitution payment plus costs, including any
21applicable fees prescribed in ch. 814, not to exceed the amount of the deposit. The
22notice shall also state that the court may decide to summon the defendant rather
23than accept the deposit and stipulation, and that the defendant may, at any time
24prior to or at the time of the court appearance date, move the court for relief from the
25effects of the stipulation.
AB100, s. 796
1Section 796. 23.55 (1) (b) of the statutes is amended to read:
AB100,483,112 23.55 (1) (b) A plain and concise statement of the violation identifying the event
3or occurrence from which the violation arose and showing that the plaintiff is entitled
4to relief, the statute upon which the cause of action is based and a demand for a
5forfeiture, the amount of which shall not exceed the maximum set by the statute
6involved, a penalty assessment, a jail assessment, a crime laboratories assessment,
7any applicable weapons assessment, any applicable environmental assessment, any
8applicable wild animal protection assessment, any applicable natural resources
9assessment, any applicable fishing shelter removal assessment, any applicable
10snowmobile registration restitution payment, any applicable natural resources
11restitution payment and any other relief that is sought by the plaintiff.
AB100, s. 797 12Section 797. 23.66 (2) of the statutes is amended to read:
AB100,484,413 23.66 (2) The person receiving the deposit shall prepare a receipt in triplicate
14showing the purpose for which the deposit is made, stating that the defendant may
15inquire at the office of the clerk of court or municipal court regarding the disposition
16of the deposit, and notifying the defendant that if he or she fails to appear in court
17at the time fixed in the citation he or she will be deemed to have tendered a plea of
18no contest and submitted to a forfeiture, a penalty assessment, a jail assessment, a
19crime laboratories assessment,
any applicable weapons assessment, any applicable
20environmental assessment, any applicable wild animal protection assessment, any
21applicable natural resources assessment, any applicable fishing shelter removal
22assessment, any applicable snowmobile registration restitution payment and any
23applicable natural resources restitution payment plus costs, including any
24applicable fees prescribed in ch. 814, not to exceed the amount of the deposit which
25the court may accept. The original of the receipt shall be delivered to the defendant

1in person or by mail. If the defendant pays by check, share draft or other draft, the
2check, share draft or other draft or a microfilm copy of the check, share draft or other
3draft shall be considered a receipt. If the defendant makes the deposit by use of a
4credit card, the credit charge receipt shall be considered a receipt.
AB100, s. 798 5Section 798. 23.66 (4) of the statutes is amended to read:
AB100,484,166 23.66 (4) The basic amount of the deposit shall be determined in accordance
7with a deposit schedule that the judicial conference shall establish. Annually, the
8judicial conference shall review and may revise the schedule. In addition to the basic
9amount determined according to the schedule, the deposit shall include court costs,
10including any applicable fees prescribed in ch. 814, any applicable penalty
11assessment, any applicable jail assessment, any applicable crime laboratories
12assessment,
any applicable weapons assessment, any applicable environmental
13assessment, any applicable wild animal protection assessment, any applicable
14natural resources assessment, any applicable fishing shelter removal assessment,
15any applicable snowmobile registration restitution payment and any applicable
16natural resources restitution payment.
AB100, s. 799 17Section 799. 23.67 (2) of the statutes is amended to read:
AB100,485,218 23.67 (2) The deposit and stipulation of no contest may be made at any time
19prior to the court appearance date. By signing the stipulation, the defendant is
20deemed to have tendered a plea of no contest and submitted to a forfeiture, a penalty
21assessment, a jail assessment, a crime laboratories assessment, any applicable
22weapons assessment, any applicable environmental assessment, any applicable wild
23animal protection assessment, any applicable natural resources assessment, any
24applicable fishing shelter removal assessment, any applicable snowmobile
25registration restitution payment and any applicable natural resources restitution

1payment plus costs, including any applicable fees prescribed in ch. 814, not to exceed
2the amount of the deposit.
AB100, s. 800 3Section 800. 23.67 (3) of the statutes is amended to read:
AB100,485,164 23.67 (3) The person receiving the deposit and stipulation of no contest shall
5prepare a receipt in triplicate showing the purpose for which the deposit is made,
6stating that the defendant may inquire at the office of the clerk of court or municipal
7court regarding the disposition of the deposit, and notifying the defendant that if the
8stipulation of no contest is accepted by the court the defendant will be deemed to have
9submitted to a forfeiture, a penalty assessment, a jail assessment, a crime
10laboratories assessment,
any applicable weapons assessment, any applicable
11environmental assessment, any applicable wild animal protection assessment, any
12applicable natural resources assessment, any applicable fishing shelter removal
13assessment, any applicable snowmobile registration restitution payment and any
14applicable natural resources restitution payment plus costs, including any
15applicable fees prescribed in ch. 814, not to exceed the amount of the deposit.
16Delivery of the receipt shall be made in the same manner as in s. 23.66.
AB100, s. 801 17Section 801. 23.75 (3) (a) 2. of the statutes is amended to read:
AB100,486,318 23.75 (3) (a) 2. If the court considers the nonappearance to be a plea of no
19contest and enters judgment accordingly, the court shall promptly mail a copy or
20notice of the judgment to the defendant. The judgment shall allow the defendant not
21less than 20 working days from the date the judgment copy or notice is mailed to pay
22the forfeiture, penalty assessment and, jail assessment and crime laboratories
23assessment
, any applicable weapons assessment, any applicable environmental
24assessment, any applicable wild animal protection assessment, any applicable
25natural resources assessment, any applicable fishing shelter removal assessment,

1any applicable snowmobile registration restitution payment and any applicable
2natural resources restitution payment plus costs, including any applicable fees
3prescribed in ch. 814.
AB100, s. 802 4Section 802. 23.75 (3) (b) of the statutes is amended to read:
AB100,486,245 23.75 (3) (b) If the defendant has made a deposit, the citation may serve as the
6initial pleading and the defendant shall be deemed to have tendered a plea of no
7contest and submitted to a forfeiture, a penalty assessment, a jail assessment, a
8crime laboratories assessment,
any applicable weapons assessment, any applicable
9environmental assessment, any applicable wild animal protection assessment, any
10applicable natural resources assessment, any applicable fishing shelter removal
11assessment, any applicable snowmobile registration restitution payment and any
12applicable natural resources restitution payment plus any applicable fees prescribed
13in ch. 814, not exceeding the amount of the deposit. The court may either accept the
14plea of no contest and enter judgment accordingly, or reject the plea and issue a
15summons. If the defendant fails to appear in response to the summons, the court
16shall issue an arrest warrant. If the court accepts the plea of no contest, the
17defendant may move within 90 days after the date set for appearance to withdraw
18the plea of no contest, open the judgment and enter a plea of not guilty if the
19defendant shows to the satisfaction of the court that failure to appear was due to
20mistake, inadvertence, surprise or excusable neglect. If a party is relieved from the
21plea of no contest, the court or judge may order a written complaint to be filed and
22set the matter for trial. After trial the costs and fees shall be taxed as provided by
23law. If on reopening the defendant is found not guilty, the court shall delete the
24record of conviction and shall order the defendant's deposit returned.
AB100, s. 803 25Section 803. 23.75 (3) (c) of the statutes is amended to read:
AB100,487,19
123.75 (3) (c) If the defendant has made a deposit and stipulation of no contest,
2the citation may serve as the initial pleading and the defendant shall be deemed to
3have tendered a plea of no contest and submitted to a forfeiture, a penalty
4assessment, a jail assessment, a crime laboratories assessment, any applicable
5weapons assessment, any applicable environmental assessment, any applicable wild
6animal protection assessment, any applicable natural resources assessment, any
7applicable fishing shelter removal assessment, any applicable snowmobile
8registration restitution payment and any applicable natural resources restitution
9payment plus any applicable fees prescribed in ch. 814, not exceeding the amount of
10the deposit. The court may either accept the plea of no contest and enter judgment
11accordingly, or reject the plea and issue a summons. If the defendant fails to appear
12in response to the summons, the court shall issue an arrest warrant. After signing
13a stipulation of no contest, the defendant may, at any time prior to or at the time of
14the court appearance date, move the court for relief from the effect of the stipulation.
15The court may act on the motion, with or without notice, for cause shown by affidavit
16and upon just terms, and relieve the defendant from the stipulation and the effects
17thereof. If the defendant is relieved from the stipulation of no contest, the court may
18order a citation or complaint to be filed and set the matter for trial. After trial the
19costs and fees shall be taxed as provided by law.
AB100, s. 804 20Section 804. 23.79 (1) of the statutes is amended to read:
AB100,488,321 23.79 (1) If the defendant is found guilty, the court may enter judgment against
22the defendant for a monetary amount not to exceed the maximum forfeiture provided
23by the statute for the violation, the penalty assessment, the jail assessment, the
24crime laboratories assessment,
any applicable weapons assessment, any applicable
25environmental assessment, any applicable wild animal protection assessment, any

1applicable natural resources assessment, any applicable fishing shelter removal
2assessment, any applicable snowmobile registration restitution payment, any
3applicable natural resources restitution payment and for costs.
AB100, s. 805 4Section 805. 23.80 (2) of the statutes is amended to read:
AB100,488,125 23.80 (2) Upon default of the defendant corporation or municipality, or upon
6conviction, judgment for the amount of the forfeiture, the penalty assessment, the
7jail assessment, the crime laboratories assessment, any applicable weapons
8assessment, any applicable environmental assessment, any applicable wild animal
9protection assessment, any applicable natural resources assessment, any applicable
10fishing shelter removal assessment, any applicable snowmobile registration
11restitution payment and any applicable natural resources restitution payment shall
12be entered.
AB100, s. 806 13Section 806. 23.84 of the statutes is amended to read:
AB100,489,2 1423.84 Forfeitures and assessments collected; to whom paid. Except for
15actions in municipal court, all moneys collected in favor of the state or a municipality
16for forfeiture, penalty assessment, jail assessment, crime laboratories assessment,
17applicable weapons assessment, applicable environmental assessment, applicable
18wild animal protection assessment, applicable natural resources assessment,
19applicable fishing shelter removal assessment, applicable snowmobile registration
20restitution payment and applicable natural resources restitution payment shall be
21paid by the officer who collects the same to the appropriate municipal or county
22treasurer, within 20 days after its receipt by the officer, except that all jail
23assessments shall be paid to the county treasurer. In case of any failure in the
24payment, the municipal or county treasurer may collect the payment from the officer

1by an action in the treasurer's name of office and upon the official bond of the officer,
2with interest at the rate of 12% per year from the time when it should have been paid.
AB100, s. 807 3Section 807. 24.01 (1) of the statutes is amended to read:
AB100,489,84 24.01 (1) "Agricultural college lands" embraces all lands granted to the state
5by an act of congress entitled "An act donating public lands to the several states and
6territories which may provide colleges for the benefit of agriculture and the mechanic
7arts," approved July 2, 1862, as well as any land received under s. 24.09 (1) (bm) in
8exchange for such land
.
AB100, s. 808 9Section 808. 24.01 (4) of the statutes is amended to read:
AB100,489,1210 24.01 (4) "Marathon county lands" embraces all lands acquired by the state
11pursuant to chapter 22 of the general laws of 1867, as well as any land received under
12s. 24.09 (1) (bm) in exchange for such land
.
AB100, s. 809 13Section 809. 24.01 (5) of the statutes is amended to read:
AB100,489,1814 24.01 (5) "Normal school lands" embraces all parcels of said "swamp lands"
15which the legislature has declared or otherwise decided, or may hereafter declare or
16otherwise decide, were not or are not needed for the drainage or reclamation of the
17same or other lands, as well as any land received under s. 24.09 (1) (bm) in exchange
18for such land
.
AB100, s. 810 19Section 810. 24.01 (7) of the statutes is amended to read:
AB100,489,2220 24.01 (7) "School lands" embraces all lands made a part of "the school fund" by
21article X, section 2, of the constitution, as well as any land received under s. 24.09
22(1) (bm) in exchange for such land
.
AB100, s. 811 23Section 811. 24.01 (9) of the statutes is amended to read:
AB100,490,524 24.01 (9) "Swamp lands" embraces all lands which have been or may be
25transferred to the state pursuant to an act of congress entitled "An act to enable the

1state of Arkansas and other states to reclaim the swamp lands within their limits,"
2approved September 28, 1850, or pursuant to an act of congress entitled "An act for
3the relief of purchasers and locators of swamp and overflowed lands," approved
4March 2, 1855, as well as any land received under s. 24.09 (1) (bm) in exchange for
5such land
.
AB100, s. 812 6Section 812. 24.01 (10) of the statutes is amended to read:
AB100,490,97 24.01 (10) "University lands" embraces all lands the proceeds of which are
8denominated "the university fund" by article X, section 6, of the constitution, as well
9as any land received under s. 24.09 (1) (bm) in exchange for such land
.
AB100, s. 813 10Section 813. 24.04 (2) of the statutes is amended to read:
AB100,490,1711 24.04 (2) Disbursements. All expenses necessarily incurred in caring for and
12selling public lands shall be deducted from the gross receipts of the fund to which the
13proceeds of the sale of the land will be added. Expenses necessarily incurred in
14caring for public lands may include expenses for reforestation, erosion and insect
15control, submerged log monitoring, surveys, appraisals and other land management
16practices that serve to protect or enhance the interests of the beneficiaries of the trust
17funds.
AB100, s. 814 18Section 814. 24.09 (1) (bm) of the statutes is amended to read:
AB100,491,319 24.09 (1) (bm) The board may exchange part or all of any parcel of public lands
20for any other land of approximately equal value if the board determines that the
21exchange will contribute to the consolidation or completion of a block of land,
22enhance conservation of lands or otherwise be in the public interest. Under this
23paragraph, an exchange is of "approximately equal value" if the difference in value
24between the more highly valued land and the less highly valued land does not exceed
2510% of the value of the more highly valued land. All expenses necessarily incurred

1in making an exchange under this paragraph shall be deducted from the gross
2receipts of the fund to which the proceeds of the sale of the exchanged land will be
3added.
AB100, s. 815 4Section 815. 24.60 (1g) of the statutes is amended to read:
AB100,491,95 24.60 (1g) "Distance education" has the meaning given in s. 16.992 (1) (b)
6means instruction that takes place, regardless of the location of a teacher or student,
7by means of telecommunications or other means of communication, including cable,
8instructional television fixed service, microwave, radio, satellite, computer,
9telephone or television
.
AB100, s. 816 10Section 816. 24.60 (1r) of the statutes is repealed and recreated to read:
AB100,491,1311 24.60 (1r) "Educational technology" means technology used in the education
12or training of any person or in the administration of an elementary or secondary
13school or a public library.
AB100, s. 817 14Section 817. 24.61 (3) (c) 2. a. of the statutes is amended to read:
AB100,491,1815 24.61 (3) (c) 2. a. The school board is subject to an order issued by the
16department of education state superintendent of public instruction under s. 115.33
17(3) after December 31, 1991, regarding noncompliance with the standard under s.
18121.02 (1) (i).
AB100, s. 818 19Section 818. 24.61 (3) (d) of the statutes is amended to read:
AB100,492,220 24.61 (3) (d) Reserve for loans for educational technology and distance
21education projects.
Subject to the priority established under par. (c), to the extent
22practicable, in fiscal years 1996-97 to 1999-2000 2002-03, annually the board shall
23reserve $15,000,000 for the purposes of giving priority to loans to school districts,
24counties, municipalities and consortia, other than consortia that include one or more

1technical college districts, for educational technology and distance education
2projects under s. 16.992.
AB100, s. 819 3Section 819. 24.61 (6) of the statutes is repealed.
AB100, s. 820 4Section 820. 24.66 (1) (intro.) of the statutes is amended to read:
AB100,492,135 24.66 (1) For all municipalities. (intro.) No trust fund loan may be made
6unless an application is made to the board under this section. The application shall
7state the amount of money required, the purpose to which it is to be applied, the times
8and terms of repayment, whether the loan is sought for an educational technology
9or distance education project under s. 24.61 (3) (d), and if so, whether the educational
10technology board has approved a grant to pay a portion of the interest on the loan
11under s. 16.992 (3) (b)
and, in the case of a cooperative educational service agency,
12the names of the school districts participating in the distance education project for
13which the loan is sought. The application shall be accompanied by satisfactory proof:
AB100, s. 821 14Section 821. 24.66 (3) (b) of the statutes is amended to read:
AB100,492,2115 24.66 (3) (b) For long-term loans by unified school districts. Every application
16for a loan, the required repayment of which exceeds 10 years, shall be approved and
17authorized for a unified school district by a majority vote of the members of the school
18board at a regular or special meeting of the school board. Every vote so required shall
19be by ayes and noes duly recorded. In addition, the application shall be approved for
20a unified school district by a majority vote of the electors of the school district at a
21special election referendum as provided under sub. (4) (b).
AB100, s. 822 22Section 822. 24.66 (4) of the statutes is renumbered 24.66 (4) (a) and amended
23to read:
AB100,493,524 24.66 (4) (a) If any municipality other than a school district is not empowered
25by law to incur indebtedness for a particular purpose without first submitting the

1question to its electors, the application for a state trust fund loan for that purpose
2must be approved and authorized by a majority vote of the electors at a special
3election called, noticed and held in the manner provided for other special elections.
4The notice of the election shall state the amount of the proposed loan and the purpose
5for which it will be used.
AB100, s. 823 6Section 823. 24.66 (4) (b) of the statutes is created to read:
AB100,493,177 24.66 (4) (b) If any school district is not empowered by law to incur
8indebtedness for a particular purpose without first submitting the question to its
9electors, the application for a state trust fund loan for that purpose must be approved
10and authorized by a majority vote of the electors at the next regularly scheduled
11spring election or general election that occurs not sooner than 45 days after the
12adoption of the resolution under sub. (5) or at a special election held on the Tuesday
13after the first Monday in November in an odd-numbered year if that date occurs not
14sooner than 45 days after the adoption of the resolution under sub. (5). The
15referendum shall be called, noticed and held in the manner provided for other
16referenda. The notice of the referendum shall state the amount of the proposed loan
17and the purpose for which it will be used.
AB100, s. 824 18Section 824. 24.695 of the statutes is repealed.
AB100, s. 825 19Section 825. 24.71 (2) of the statutes is amended to read:
AB100,493,2420 24.71 (2) Certified statement. If a school district has a state trust fund loan,
21the board shall transmit to the school district clerk a certified statement of the
22amount due on or before October 1 of each year until the loan is paid. The board shall
23furnish a copy of each certified statement to the state treasurer and the department
24of education public instruction.
AB100, s. 826 25Section 826. 24.78 of the statutes is amended to read:
AB100,494,4
124.78 Distribution of the common school fund income. Under article X,
2section 5, of the constitution the common school fund income shall be distributed to
3the school districts among the several towns, villages and cities of the state for the
4support of common schools therein, as provided in s. ss. 44.72 (2) (a) and 43.70.
AB100, s. 827 5Section 827. 25.156 (3) of the statutes is amended to read:
AB100,494,106 25.156 (3) The members of the board shall appoint an investment director or
7the executive assistant to the executive director, internal auditor, chief investment
8officer, chief financial officer, chief legal counsel or chief risk officer
to act as assistant
9director, except that until the appointment is made by the members of the board, the
10executive director may temporarily designate the assistant director.
AB100, s. 828 11Section 828. 25.156 (4) of the statutes is amended to read:
AB100,494,2112 25.156 (4) The members of the board shall promulgate rules restricting the
13executive director, executive assistant to the executive director, internal auditor,
14chief investment officer, chief financial officer, chief legal counsel, chief risk officer,
15investment directors and employes from having financial interest, directly or
16indirectly, in firms or corporations providing services to the department and
17governing the receipt of gifts or favors therefrom, and also governing personal
18investments of all employes including the executive director, executive assistant to
19the executive director,
internal auditor, chief investment officer , chief financial
20officer, chief legal counsel, chief risk officer
and investment directors to prevent
21conflicts of interest.
AB100, s. 829 22Section 829. 25.156 (6) (intro.) of the statutes is amended to read:
AB100,495,1723 25.156 (6) (intro.) The investment board may provide a plan of bonus
24compensation for the executive director and other employes of the board who are
25appointed in the unclassified service, whereby the
under which employes covered by

1the plan
may qualify for an annual bonus for meritorious performance. The plan
2shall cover the executive director and other employes of the board who are appointed
3in the unclassified service, except that the plan may not cover an employe who
4performs functions primarily related to information technology if that employe is
5appointed after the effective date of this subsection .... [revisor inserts date].
No such
6bonuses awarded by the board for any fiscal year may exceed a total of 10% of the total
7annualized salaries of all unclassified employes of the board covered by the plan at
8the beginning of the fiscal year. No bonus awarded by the board to any individual
9employe for any fiscal year may exceed a total of 25% of the annual salary of the
10employe at the beginning of the fiscal year. In awarding bonus compensation for a
11given period, the board shall consider the performance of funds similar to those for
12which it has managing authority and market indices for the same period. The board
13shall provide for a portion of the bonus compensation awarded under this subsection
14to be distributed to an employe over a 3-year period conditioned upon continuation
15of employment to the time of distribution, except as provided in sub. (7). Bonus
16compensation may only be awarded under this subsection pursuant to a plan adopted
17by the board that specifies all of the following:
AB100, s. 830 18Section 830. 25.156 (6) (d) of the statutes is created to read:
AB100,495,2019 25.156 (6) (d) The unclassified positions of the board that perform functions
20primarily related to information technology.
AB100, s. 831 21Section 831. 25.16 (2) of the statutes is amended to read:
AB100,496,1022 25.16 (2) Subject to authorization under s. 16.505, the executive director may
23appoint one division administrator a chief legal counsel, chief financial officer, chief
24risk officer
and investment directors and shall appoint a chief investment officer and
25all other employes necessary to carry out the functions of the investment board,

1except that the investment board shall appoint the internal auditor and shall
2participate in the selection of the chief investment officer and investment directors
3and the internal auditor shall appoint his or her staff. The executive director shall
4appoint all employes outside the classified service, except blue collar and clerical
5employes. Neither the executive director, the internal auditor, the chief investment
6officer, the chief legal counsel, the chief financial officer, the chief risk officer, any
7investment director nor any other employe of the board shall have any financial
8interest, either directly or indirectly, in any firm engaged in the sale or marketing
9of real estate or investments of any kind, nor shall any of them render investment
10advice to others for remuneration.
AB100, s. 832 11Section 832. 25.17 (1) (ag) of the statutes is repealed.
AB100, s. 833 12Section 833. 25.17 (1) (tm) of the statutes is created to read:
AB100,496,1313 25.17 (1) (tm) Support collections trust fund (s. 25.68);
AB100, s. 834 14Section 834. 25.17 (1) (xL) of the statutes is created to read:
AB100,496,1515 25.17 (1) (xL) Universal service fund (s. 25.95);
AB100, s. 835 16Section 835. 25.17 (2) (d) of the statutes is amended to read:
AB100,496,2317 25.17 (2) (d) Invest the clean water environmental improvement fund, and
18collect the principal and interest of all moneys loaned or invested from the clean
19water
environmental improvement fund, as directed by the department of
20administration under s. 281.59 (2m). In making such investment, the investment
21board shall accept any reasonable terms and conditions that the department of
22administration specifies and is relieved of any obligations relevant to prudent
23investment of the fund, including those set forth under ch. 881.
AB100, s. 836 24Section 836. 25.17 (2) (e) of the statutes is created to read:
AB100,497,7
125.17 (2) (e) Invest the transportation infrastructure loan fund, and collect the
2principal and interest of all moneys loaned or invested from transportation
3infrastructure loan fund, as directed by the department of administration under s.
485.52 (4m). In making such investment, the investment board shall accept any
5reasonable terms and conditions that the department of administration specifies and
6is relieved of any obligations relevant to prudent investment of the fund, including
7those set forth under ch. 881.
AB100, s. 837 8Section 837. 25.17 (13m) of the statutes is created to read:
AB100,497,119 25.17 (13m) No later than 45 days after the end of each calendar quarter,
10submit a report to the department of administration detailing all costs and expenses
11charged to funds under s. 25.18 (1) (a) or (m) during that calendar quarter.
AB100, s. 838 12Section 838. 25.17 (14) (intro.) of the statutes is amended to read:
AB100,497,1813 25.17 (14) (intro.)  The investment board shall, as As of December 31 of each
14year, make and file with the department of employe trust funds a report of the value
15of the assets of the fixed retirement investment trust and of the variable retirement
16investment trust, determined as of that date at market value for the variable
17retirement investment trust and on the following basis for the fixed retirement
18investment trust:
AB100, s. 839 19Section 839. 25.17 (70) (a) of the statutes is amended to read:
AB100,498,220 25.17 (70) (a) No later than June 30 of every odd-numbered year, after
21receiving a report from the department of commerce under s. 560.08 (2) (m) and in
22consultation
consulting with the department of commerce, submit to the governor
23and to the presiding officer of each house of the legislature a plan for making
24investments in this state. The purpose of the plan is to encourage the board to make

1the maximum amount of investments in this state, subject to s. 25.15 and consistent
2with the statutory purpose of each trust or fund managed by the board.
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