AB188,17,223 281.58 (8) (L) (intro.) The total amount of capital cost loans made under this
24section and s. 281.59
the clean water fund program may not exceed $120,000,000,
25and no capital cost loan funds may be released under this section and s. 281.59 the

1clean water fund program
until the secretary of administration has found in writing
2that all of the following facts have occurred:
AB188, s. 58 3Section 58. 281.58 (9) (a) of the statutes is amended to read:
AB188,17,124 281.58 (9) (a) After the department approves a municipality's facility plan
5submitted under sub. (8s), the municipality shall submit an application for
6participation to the department. The application shall be in such form and include
7such information as the department and the department of administration prescribe
8and shall include design plans and specifications that are approvable by the
9department under this chapter. The department shall review applications for
10participation in the clean water fund program under this section and s. 281.59. The
11department shall determine which applications meet the eligibility requirements
12and criteria under subs. (6), (7), (8), (8m) and (13).
AB188, s. 59 13Section 59. 281.58 (9) (b) of the statutes is amended to read:
AB188,17,1714 281.58 (9) (b) A municipality seeking financial assistance, except for a
15municipality seeking a capital cost loan, for a project under this section and s. 281.59
16the clean water fund program shall complete an environmental analysis sequence
17as required by the department by rule.
AB188, s. 60 18Section 60. 281.58 (9) (c) of the statutes is amended to read:
AB188,17,2219 281.58 (9) (c) If a municipality is serviced by more than one sewerage district
20for wastewater pollution abatement, each service area of the municipality shall be
21considered a separate municipality for purposes of obtaining financial assistance
22under this section and s. 281.59 the clean water fund program.
AB188, s. 61 23Section 61. 281.58 (9) (e) of the statutes is amended to read:
AB188,18,824 281.58 (9) (e) If the governor's recommendation, as set forth in the executive
25budget bill, for the amount under s. 281.59 (3) (d) (3e) (b), the amount available under

1s. 20.866 (2) (tc) or the amount available under s. 281.59 (4) (f) for a biennium is 85%
2or less of the amount of present value subsidy, general obligation bonding authority
3or revenue bonding authority, respectively, requested for that biennium in the
4biennial finance plan submitted under s. 281.59 (3) (bm) 1., the department shall
5inform municipalities that, if the governor's recommendations are approved, clean
6water fund program assistance during a fiscal year of that biennium will only be
7available to municipalities that submit financial assistance applications by the June
830 preceding that fiscal year.
AB188, s. 62 9Section 62. 281.58 (9) (f) of the statutes is amended to read:
AB188,18,1110 281.58 (9) (f) The fees collected under par. (d) shall be credited to the clean
11water
environmental improvement fund.
AB188, s. 63 12Section 63. 281.58 (9m) (c) of the statutes is amended to read:
AB188,18,1513 281.58 (9m) (c) The department may approve an application under par. (a) in
14a year only after the amount under s. 281.59 (3) (d) (3e) (b) for the biennium in which
15that year falls has been approved by the legislature under s. 281.59 (3) (d) (3e) (b).
AB188, s. 64 16Section 64. 281.58 (9m) (e) of the statutes is amended to read:
AB188,18,2117 281.58 (9m) (e) 1. Except as provided under par. (f) and sub. (13), if a sufficient
18amount of subsidy is available under s. 281.59 (3) (d) (3e) (b) for the municipality's
19project, based on the calculation under s. 281.59 (3) (i) (3e) (f), when the department
20approves the application under par. (a), the department of administration shall
21allocate that amount to the project.
AB188,18,2522 2. If a sufficient amount of subsidy is not available under s. 281.59 (3) (d) (3e)
23(b)
for the municipality's project when the department approves the application
24under subd. 1., the department shall place the project on a list for allocation when
25additional subsidy becomes available.
AB188, s. 65
1Section 65. 281.58 (9m) (f) (intro.) of the statutes is amended to read:
AB188,19,72 281.58 (9m) (f) (intro.) If the amount approved under s. 281.59 (3) (d) (3e) (b),
3the amount available under s. 20.866 (2) (tc) or the amount available under s. 281.59
4(4) (f) for a biennium is 85% or less of the amount of present value subsidy, general
5obligation bonding authority or revenue bonding authority, respectively, requested
6for that biennium in the biennial finance plan submitted under s. 281.59 (3) (bm) 1.,
7all of the following apply:
AB188, s. 66 8Section 66. 281.58 (9m) (g) of the statutes is amended to read:
AB188,19,119 281.58 (9m) (g) In allocating subsidy under this subsection, the department of
10administration shall adhere to the amount approved by the legislature for each
11biennium under s. 281.59 (3) (d) (3e) (b).
AB188, s. 67 12Section 67. 281.58 (12) (a) (intro.) of the statutes is amended to read:
AB188,19,1613 281.58 (12) (a) (intro.) The types of projects for which municipalities may
14receive loans under this section and s. 281.59 the clean water fund program shall be
15classified as follows for the purpose of setting the percentage of market interest rates
16on loans funding such projects:
AB188, s. 68 17Section 68. 281.58 (12) (c) 1. of the statutes is amended to read:
AB188,19,2118 281.58 (12) (c) 1. The percentage of market interest rates established shall, to
19the extent possible, fully allocate the amount of public debt authorized under s.
2020.866 (2) (tc), the amount authorized under s. 281.59 (3) (d) (3e) (b) and the amount
21of revenue obligations authorized under s. 281.59 (4) (f).
AB188, s. 69 22Section 69. 281.58 (13) (b) (intro.) of the statutes is amended to read:
AB188,20,223 281.58 (13) (b) (intro.) A municipality with an application that is approved
24under sub. (9m) is eligible for financial hardship assistance for the project costs that
25are eligible under this section and s. 281.59 the clean water fund program, except for

1costs to which sub. (8) (b), (c), (f) or (h) applies, if the municipality meets all of the
2following criteria:
AB188, s. 70 3Section 70. 281.58 (13m) of the statutes is amended to read:
AB188,20,84 281.58 (13m) Minority business development and training program. (a) The
5department shall make grants to projects that are eligible for financial assistance
6under this section and s. 281.59 the clean water fund program and that are identified
7as being part of the minority business development and training program under s.
866.905 (2) (b).
AB188,20,139 (b) Grants provided under this subsection are not included for the purposes of
10determining under sub. (8) (i) the amount that a municipality may receive for
11projects under this section and s. 281.59 the clean water fund program. Grants
12awarded under this subsection are not considered for the purposes of sub. (9m) (e)
13or s. 281.59 (3) (d) (3e) (b).
AB188, s. 71 14Section 71. 281.58 (14) (b) (intro.) of the statutes is amended to read:
AB188,20,1715 281.58 (14) (b) (intro.) As a condition of receiving financial assistance under
16this section and s. 281.59 the clean water fund program, a municipality shall do all
17of the following:
AB188, s. 72 18Section 72. 281.59 (title) of the statutes is amended to read:
AB188,20,20 19281.59 (title) Clean water Environmental improvement fund program;
20financial management.
AB188, s. 73 21Section 73. 281.59 (1) (a) of the statutes is renumbered 281.59 (1) (am).
AB188, s. 74 22Section 74. 281.59 (1) (ag) of the statutes is created to read:
AB188,20,2423 281.59 (1) (ag) "Clean water fund program" means the program administered
24under s. 281.58, with financial management provided under this section.
AB188, s. 75 25Section 75. 281.59 (1) (b) of the statutes is amended to read:
AB188,21,4
1281.59 (1) (b) "Market interest rate" means the interest at the effective rate of
2a revenue obligation issued by the state to fund a project loan or a portion of a project
3loan under this section and s. 281.58 for a project under the clean water fund
4program
.
AB188, s. 76 5Section 76. 281.59 (1) (cm) of the statutes is created to read:
AB188,21,86 281.59 (1) (cm) "Safe drinking water loan program" means the program
7administered under s. 281.61, with financial management provided under this
8section.
AB188, s. 77 9Section 77. 281.59 (1) (d) of the statutes is amended to read:
AB188,21,1310 281.59 (1) (d) "Subsidy" means the amounts provided by the clean water from
11the environmental improvement
fund to clean water fund program and safe drinking
12water loan program
projects receiving financial assistance under this section and s.
13281.58
for the following purposes:
AB188,21,1514 1. To reduce the interest rate of clean water fund program and safe drinking
15water loan program
loans from market rate to a subsidized rate.
AB188,21,1716 2. To For the clean water fund program only, to provide for financial hardship
17assistance, including grants.
AB188, s. 78 18Section 78. 281.59 (1m) of the statutes is created to read:
AB188,21,2119 281.59 (1m) Establishment of programs. (a) There is established a clean
20water fund program, administered under s. 281.58, with financial management
21provided under this section.
AB188,21,2322 (b) There is established a safe drinking water loan program, administered
23under s. 281.61, with financial management provided under this section.
AB188, s. 79 24Section 79. 281.59 (2) (a) of the statutes is amended to read:
AB188,22,2
1281.59 (2) (a) Administer its responsibilities under this section and s. ss. 281.58
2and 281.61.
AB188, s. 80 3Section 80. 281.59 (2) (b) of the statutes is amended to read:
AB188,22,54 281.59 (2) (b) Cooperate with the department in administering the clean water
5fund program and the safe drinking water loan program.
AB188, s. 81 6Section 81. 281.59 (2) (c) of the statutes is amended to read:
AB188,22,97 281.59 (2) (c) Accept and hold any letter of credit from the federal government
8through which the state receives federal capitalization grant payments and
9disbursements to the clean water environmental improvement fund.
AB188, s. 82 10Section 82. 281.59 (2m) (title) of the statutes is amended to read:
AB188,22,1211 281.59 (2m) (title) Investment management; clean water environmental
12improvement
fund.
AB188, s. 83 13Section 83. 281.59 (2m) (a) 1. of the statutes is amended to read:
AB188,22,1714 281.59 (2m) (a) 1. Subject to par. (b), direct the investment board under s. 25.17
15(2) (d) to make any investment of the clean water environmental improvement fund,
16or in the collection of the principal and interest of all moneys loaned or invested from
17such that fund.
AB188, s. 84 18Section 84. 281.59 (2m) (b) 1. of the statutes is amended to read:
AB188,22,2019 281.59 (2m) (b) 1. The action provides a financial benefit to the clean water
20environmental improvement fund.
AB188, s. 85 21Section 85. 281.59 (2m) (b) 2. of the statutes is amended to read:
AB188,22,2322 281.59 (2m) (b) 2. The action does not contradict or weaken the purposes of the
23clean water environmental improvement fund.
AB188, s. 86 24Section 86. 281.59 (3) (a) 1. of the statutes is amended to read:
AB188,23,2
1281.59 (3) (a) 1. An estimate of wastewater treatment and safe drinking water
2needs of the state for the 4 fiscal years of the next 2 biennia.
AB188, s. 87 3Section 87. 281.59 (3) (a) 2. of the statutes is amended to read:
AB188,23,64 281.59 (3) (a) 2. The total amount of financial assistance planned to be provided
5or committed to municipalities for projects under the clean water fund program and
6the safe drinking water loan program
during the 4 fiscal years of the next 2 biennia.
AB188, s. 88 7Section 88. 281.59 (3) (a) 4. of the statutes is repealed.
AB188, s. 89 8Section 89. 281.59 (3) (a) 5. of the statutes is amended to read:
AB188,23,139 281.59 (3) (a) 5. Audited financial statements of the past operations and
10activities of the program under this section and s. 281.58, the estimated fund capital
11available in each of the next 4 fiscal years, and the projected clean water fund balance
12for each of the next 20 years given existing obligations and financial conditions
clean
13water fund program and the safe drinking water loan program
.
AB188, s. 90 14Section 90. 281.59 (3) (a) 6. of the statutes is amended to read:
AB188,23,1915 281.59 (3) (a) 6. An amount equal to the estimated present value of subsidies
16for all clean water fund program loans and grants expected to be made for the
17wastewater treatment projects listed in the biennial needs list under s. 281.58 (3m),
18discounted at a rate of 7% per year to the first day of the biennium for which the
19biennial finance plan is prepared.
AB188, s. 91 20Section 91. 281.59 (3) (a) 6m. of the statutes is created to read:
AB188,23,2421 281.59 (3) (a) 6m. An amount equal to the estimated present value of subsidies
22for all loans under the safe drinking water loan program to be made during the
23biennium for which the biennial finance plan is prepared, discounted at a rate of 7%
24per year to the first day of that biennium.
AB188, s. 92 25Section 92. 281.59 (3) (a) 7. of the statutes is amended to read:
AB188,24,2
1281.59 (3) (a) 7. A discussion of the assumptions made in calculating the
2amount amounts under subd. subds. 6. and 6m.
AB188, s. 93 3Section 93. 281.59 (3) (a) 8. of the statutes is amended to read:
AB188,24,54 281.59 (3) (a) 8. The amount of any service fee expected to be charged under
5s. 281.58 (9) (d)
during the next biennium under this section to an applicant.
AB188, s. 94 6Section 94. 281.59 (3) (b) of the statutes is amended to read:
AB188,24,117 281.59 (3) (b) The department of administration and the department shall
8consider as a guideline in preparing the portion of the biennial finance plan for the
9clean water fund program
that all state water pollution abatement general
10obligation debt service costs should not exceed 50% of all general obligation debt
11service costs to the state.
AB188, s. 95 12Section 95. 281.59 (3) (c), (d), (dm), (e), (f) and (i) of the statutes are
13renumbered 281.59 (3e) (a), (b), (c), (d), (e) and (f), and 281.59 (3e) (a), (b) (intro.), (c),
14(d), (e) and (f), as renumbered, are amended to read:
AB188,24,1715 281.59 (3e) (a) No moneys from the clean water fund may be expended for the
16clean water fund program
in a biennium until the legislature reviews and approves
17all of the following as part of the biennial budget act for the biennium:
AB188,24,2018 1. An amount of present value of the subsidy for the clean water fund program
19that is specified for that biennium under par. (d) (b) and is based on the amount
20included in the biennial finance plan under par. sub. (3) (a) 6.
AB188,24,2321 2. The amount of public debt, authorized under s. 20.866 (2) (tc), that the state
22may contract for the purposes of s. 281.58 and this section the clean water fund
23program
.
AB188,24,2524 3. The amount of revenue obligations, authorized under sub. (4) (f), that may
25be issued for the purposes specified in s. 25.43 (3) of the clean water fund program.
AB188,25,3
1(b) (intro.) The amount of present value of the subsidy for the clean water fund
2program
that is required to be specified under par. (c) (a) 1. and approved by the
3legislature under this paragraph is as follows:
AB188,25,114 (c) The department of administration may allocate amounts approved under
5par. (d) (b) as the present value of subsidies for financial assistance under this section
6and s. 281.58
the clean water fund program, including financial hardship assistance
7and assistance for the additional costs of approved projects. The department of
8administration may allocate amounts from the amount approved under par. (d) (b)
9for a biennium until December 30 of the fiscal year immediately following the
10biennium for projects for which complete applications under s. 281.58 (9) (a) are
11submitted before the end of the biennium.
AB188,25,1612 (d) The department may expend, for financial assistance in a biennium other
13than financial hardship assistance under s. 281.58 (13) (e), an amount up to 85% of
14the amount approved by the legislature under par. (d) (b). The department may
15expend such amount only from the percentage of the amount approved under par. (d)
16(b) that is not available under par. (f) (e) for financial hardship assistance.
AB188,25,2117 (e) The department may expend, for financial hardship assistance in a
18biennium under s. 281.58 (13) (e), an amount up to 15% of the amount approved by
19the legislature under par. (d) (b) for that biennium. The department may expend
20such amount only from the percentage of the amount approved by the legislature
21under par. (d) (b) that is not available under par. (e) (d) for financial assistance.
AB188,26,222 (f) Using the amount approved under par. (d) (b) as a base, the department of
23administration shall calculate the present value of the actual subsidy of each clean
24water fund program loan or grant to be made for those projects in each biennium that

1are approved for financial assistance by the 2 departments. The present value shall
2be discounted as provided under par. sub. (3) (a) 6.
AB188, s. 96 3Section 96. 281.59 (3) (j) of the statutes is amended to read:
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