AB133-SSA1-SA1,106,74 1. For land that is acquired by purchase at fair market value, the value shall
5equal the sum of the purchase price and the costs incurred by the federal
6government, local governmental unit or nonprofit conservation organization in
7acquiring the land.
AB133-SSA1-SA1,106,128 2. For land that is acquired by gift or bequest or by purchase at less than fair
9market value, the value shall equal the sum of the appraised fair market value of the
10land at the time of the acquisition and the costs incurred by the acquiring entity in
11acquiring the land. The acquiring entity shall supply the appraisal upon which the
12appraised fair market value is based.
AB133-SSA1-SA1,106,1913 (g) Matching land acquisitions; available moneys. For each land acquisition
14that is certified as a qualifying matching land acquisition under par. (e) the
15department shall make available for expenditure moneys in an amount that equals
16the value of the land acquisition, as calculated under par. (f). This paragraph does
17not apply to a land acquisition that is acquired with moneys committed by the federal
18government, local governmental unit or nonprofit conservation organization under
19par. (h).
AB133-SSA1-SA1,107,220 (h) Matching land acquisitions; future commitments. 1. In addition to the
21moneys made available for expenditure under par. (g), the department shall set aside
22moneys in amounts that equal amounts that the federal government, local
23governmental units or nonprofit conservation organizations commit for the
24acquisition of land in the Baraboo Hills for conservation purposes. Federal moneys
25that are committed under this paragraph shall be federal nontransportation

1moneys. The department may set aside moneys under this paragraph only for
2commitments that are made before January 1, 2006.
AB133-SSA1-SA1,107,83 2. For each land acquisition that is made by using moneys that are committed
4by the federal government, a local governmental unit or a nonprofit conservation
5organization under this paragraph and that is certified as a qualifying matching
6land acquisition under par. (e), the department shall make available for expenditure
7moneys in an amount that equals the value of the land acquisition, as calculated
8under par. (f), after the acquisition is certified.
AB133-SSA1-SA1,107,129 (i) Available moneys; uses. The moneys made available for expenditure under
10par. (g) or (h) 2. may be used by the department to acquire land in the Baraboo Hills
11for conservation purposes and to award grants to local governmental units and
12nonprofit conservation organizations.
AB133-SSA1-SA1,107,1813 (j) Available moneys; grant requirements. A local governmental unit or
14nonprofit conservation organization that receives a grant under par. (i) does not need
15to provide any matching funding. Land acquired with moneys from a grant awarded
16under par. (i) may not be certified by the department as a qualifying matching land
17acquisition under par. (e). Grants awarded under par. (i) shall be used to acquire land
18for conservation purposes in the Baraboo Hills.
AB133-SSA1-SA1,107,2219 (k) Unassigned amount. The department shall expend any assigned amount
20that has not been expended before January 1, 2006, for acquisitions by the
21department of land for conservation purposes and for grants that meet the
22requirements under par. (j).
AB133-SSA1-SA1,108,223 (L) Highway construction required. No moneys may be obligated under this
24subsection for the Baraboo Hills before the department of transportation certifies to
25the department of natural resources that highway construction that will result in at

1least 4 traffic lanes has begun on the portion of USH 12 between the city of Middleton
2and the village of Sauk City.".
AB133-SSA1-SA1,108,3 3478. Page 436, line 9: after that line insert:
AB133-SSA1-SA1,108,8 4"(5m) Adjustments for land acquisitions. (a) Beginning in fiscal year
51999-2000, the department, subject to the approval of the joint committee on finance
6under sub. (6), may obligate under the subprogram for land acquisition any amount
7not in excess of the total bonding authority for that subprogram for the acquisition
8of land.
AB133-SSA1-SA1,108,109 (b) For each land acquisition transaction under this subsection, all of the
10following apply:
AB133-SSA1-SA1,108,1111 1. The department shall sell a portion of the acquired land.
AB133-SSA1-SA1,108,1612 2. All proceeds from the sale of the land up to the amount obligated under par.
13(a) as determined by the secretary of administration shall be deposited into the
14general fund and credited to the appropriation account under s. 20.370 (7) (ag).
15Notwithstanding s. 25.29 (1) (a), the proceeds in excess of the amount obligated
16under par. (a) shall be deposited into the general fund.
AB133-SSA1-SA1,108,2217 3. For bonds that are retired from the proceeds of the sale of the acquired land
18within 3 years after the date that the land was acquired by the department, the
19department shall adjust the available bonding authority for the subprogram for land
20acquisition by increasing the available bonding authority for the fiscal year in which
21the bonds are retired by an amount equal to the total amount of the bonds issued for
22the sale that have been retired in that fiscal year.
AB133-SSA1-SA1,109,923 4. For bonds that are not retired from the proceeds of the sale of the acquired
24land within 3 years after the date that the land was acquired by the department, the

1department shall adjust the available bonding authority for the subprogram for land
2acquisition by decreasing the available bonding authority for the next fiscal year
3beginning after the end of that 3-year period by an amount equal to the total amount
4of the bonds that have not been retired from such proceeds in that fiscal year and,
5if necessary, shall decrease for each subsequent fiscal year the available bonding
6authority in an amount equal to that available bonding authority or equal to the
7amount still needed to equal the total amount of the bonds retired from such
8proceeds, whichever is less, until the available bonding authority has been decreased
9by an amount equal to the total of the bonds not retired.
AB133-SSA1-SA1,109,1110 (c) Notwithstanding sub. (2) (a) 1., land acquired under this subsection need
11not be for conservation or recreational purposes.
AB133-SSA1-SA1,109,1412 (d) The department of administration shall monitor all transactions under this
13subsection to ensure compliance with federal law and to ensure that interest on the
14bonds is tax-exempt for the holders of the bonds.".
AB133-SSA1-SA1,109,15 15479. Page 436, line 10: before "The department" insert "(a)".
AB133-SSA1-SA1,109,17 17481. Page 436, line 12: delete "than $250,000".
AB133-SSA1-SA1,109,18 18482. Page 436, line 19: after that line insert:
AB133-SSA1-SA1,109,20 19"(b) Paragraph (a) applies only to an amount for a project or activity that
20exceeds $250,000 except as provided in par. (c).
AB133-SSA1-SA1,109,2121 (c) Paragraph (a) applies to any land acquisition under sub. (5m).".
AB133-SSA1-SA1,109,22 22483. Page 437, line 15: before "governmental" insert "local".
AB133-SSA1-SA1,109,23 23484. Page 437, line 16: before "governmental" insert "local".
AB133-SSA1-SA1,109,24 24485. Page 437, line 22: delete lines 22 to 25.
AB133-SSA1-SA1,110,1
1486. Page 447, line 12: after that line insert:
AB133-SSA1-SA1,110,2 2" Section 665vm. 23.097 (1) of the statutes is amended to read:
AB133-SSA1-SA1,110,73 23.097 (1) The department shall award grants to cities and, villages, towns,
4counties and nonprofit conservation organizations, as defined in s. 23.0955 (1),
for
5up to 50% of the cost of tree management plans, tree inventories, brush residue
6projects, the development of tree management ordinances, tree disease evaluations,
7public education concerning trees in urban areas and other tree projects.".
AB133-SSA1-SA1,110,8 8487. Page 447, line 12: after that line insert:
AB133-SSA1-SA1,110,9 9" Section 665vm. 23.0962 of the statutes is repealed.".
AB133-SSA1-SA1,110,10 10488. Page 449, line 16: delete "$500,000" and substitute "$750,000".
AB133-SSA1-SA1,110,11 11489. Page 450, line 13: after that line insert:
AB133-SSA1-SA1,110,18 12"(2m) Rock River; recreational corridor. (a) From the appropriation under
13s. 20.866 (2) (tz), the department shall provide funding to the city of Janesville under
14the urban rivers grant program under s. 30.277 for the Rock River Recreational
15Corridor. The amount provided by the department under this paragraph may not
16exceed that amount that equals the matching contributions made for the corridor by
17the city of Janesville or $100,000, whichever is less. The requirements for matching
18contributions under s. 30.277 (5) shall apply.
AB133-SSA1-SA1,110,2119 (b) The funding under par. (a) is in addition to any encumbrance or expenditure
20approved by the joint committee on finance under s. 23.0915 (4) for the Rock River
21Recreational Corridor.".
AB133-SSA1-SA1,110,22 22490. Page 450, line 17: delete "$100,000" and substitute "$125,000".
AB133-SSA1-SA1,110,23 23491. Page 450, line 25: after that line insert:
AB133-SSA1-SA1,111,10
1"(3m) Rib Mountain State Park. From the appropriation under s. 20.866 (2)
2(ta) or (tz) or both, the department shall provide funding in the amount of $500,000
3to rebuild a chalet at Rib Mountain State Park. The department shall determine how
4the moneys being provided under this subsection will be allocated between the
5appropriations under s. 20.866 (2) (ta) and (tz). For purposes of s. 23.0915 (1),
6moneys provided from the appropriation under s. 20.866 (2) (tz) shall be treated as
7moneys expended for general property development. For purposes of s. 23.0917,
8moneys provided from the appropriation under s. 20.866 (2) (ta) shall be treated as
9moneys obligated under the subprogram for property development and local
10assistance.".
AB133-SSA1-SA1,111,11 11492. Page 462, line 7: after that line insert:
AB133-SSA1-SA1,111,12 12" Section 689b. 24.61 (2) (a) (title) of the statutes is amended to read:
AB133-SSA1-SA1,111,1313 24.61 (2) (a) (title) Authorized investments by board.
AB133-SSA1-SA1, s. 689d 14Section 689d. 24.61 (2) (a) 3. of the statutes is amended to read:
AB133-SSA1-SA1,111,1515 24.61 (2) (a) 3. Bonds and notes of this state.
AB133-SSA1-SA1, s. 689fh 16Section 689fh. 24.61 (2) (b) of the statutes is amended to read:
AB133-SSA1-SA1,111,1817 24.61 (2) (b) Deposited with state treasurer. All bonds, notes and other
18securities so purchased under par. (a) shall be deposited with the state treasurer.
AB133-SSA1-SA1, s. 689j 19Section 689j. 24.61 (2) (c) of the statutes is created to read:
AB133-SSA1-SA1,111,2420 24.61 (2) (c) Delegation of investment authority to investment board. The board
21may delegate to the investment board the authority to invest part or all of the moneys
22belonging to the trust funds. If the board delegates the authority, the investment
23board may invest the moneys belonging to the trust funds in any manner authorized
24for the investment of any funds specified in s. 25.17 (1).
AB133-SSA1-SA1, s. 689L
1Section 689L. 24.62 (1) of the statutes is amended to read:
AB133-SSA1-SA1,112,92 24.62 (1) Except as authorized in sub. (2), the board shall deduct its expenses
3incurred in administering investments and loans under s. 24.61 from the gross
4receipts of the fund to which the interest and income of the investment or loan will
5be added. If the board delegates to the investment board the authority to invest part
6or all of the moneys belonging to the trust funds, the investment board shall deduct
7its expenses incurred in administering investments under s. 24.61 from the gross
8receipts of the fund to which the interest and income of the investment will be
9added.
".
AB133-SSA1-SA1,112,10 10493. Page 463, line 14: after that line insert:
AB133-SSA1-SA1,112,11 11" Section 694s. 25.16 (8) of the statutes is created to read:
AB133-SSA1-SA1,112,1912 25.16 (8) The executive director shall assign an investment professional to
13assist the board of commissioners of public lands in establishing and maintaining
14investment objectives with respect to the investment of the assets of the agricultural
15college fund, the common school fund, the normal school fund and the university
16fund. An amount equal to the cost of any services rendered to the board of
17commissioners of public lands under this subsection shall be deducted from the gross
18receipts of the fund to which the moneys invested belong and shall be credited to the
19appropriation account under s. 20.536 (1) (k).".
AB133-SSA1-SA1,112,20 20494. Page 464, line 2: after that line insert:
AB133-SSA1-SA1,112,21 21" Section 695b. 25.17 (1) (ai) of the statutes is created to read:
AB133-SSA1-SA1,112,2322 25.17 (1) (ai) Agricultural college fund (s. 24.82), but subject to the terms of
23delegation under s. 24.61 (2) (c);
AB133-SSA1-SA1, s. 695m 24Section 695m. 25.17 (1) (ax) of the statutes is created to read:
AB133-SSA1-SA1,113,2
125.17 (1) (ax) Common school fund (s. 24.76), but subject to the terms of
2delegation under s. 24.61 (2) (c);".
AB133-SSA1-SA1,113,3 3495. Page 464, line 2: after that line insert:
AB133-SSA1-SA1,113,4 4" Section 696y. 25.17 (1) (bm) of the statutes is created to read:
AB133-SSA1-SA1,113,55 25.17 (1) (bm) Corrections special reserve fund (s. 25.71);".
AB133-SSA1-SA1,113,6 6496. Page 464 line 8: after that line insert:
AB133-SSA1-SA1,113,7 7" Section 698c. 25.17 (1) (kd) of the statutes is created to read:
AB133-SSA1-SA1,113,98 25.17 (1) (kd) Normal school fund (s. 24.80), but subject to the terms of
9delegation under s. 24.61 (2) (c);".
AB133-SSA1-SA1,113,10 10497. Page 464, line 10: after that line insert:
AB133-SSA1-SA1,113,11 11" Section 699m. 25.17 (1) (xm) of the statutes is created to read:
AB133-SSA1-SA1,113,1312 25.17 (1) (xm) University fund (s. 24.81), but subject to the terms of delegation
13under s. 24.61 (2) (c);
AB133-SSA1-SA1, s. 699s 14Section 699s. 25.17 (1) (zm) of the statutes is amended to read:
AB133-SSA1-SA1,113,2015 25.17 (1) (zm) All other funds of the state or of any state department or
16institution, except funds which under article X of the constitution are controlled and
17invested by the board of commissioners of public lands,
funds which are required by
18specific provision of law to be controlled and invested by any other authority, and
19moneys in the university University of Wisconsin trust funds, and in the trust funds
20of the state universities.".
AB133-SSA1-SA1,113,21 21498. Page 464, line 10: after that line insert:
AB133-SSA1-SA1,113,22 22" Section 699m. 25.17 (1) (xm) of the statutes is created to read:
AB133-SSA1-SA1,113,2323 25.17 (1) (xm) Utility public benefits fund (s. 25.96);".
AB133-SSA1-SA1,113,24 24499. Page 464, line 11: delete lines 11 to 22.
AB133-SSA1-SA1,114,1
1500. Page 465, line 23: after that line insert:
AB133-SSA1-SA1,114,2 2" Section 702m. 25.29 (7) (intro.) of the statutes is amended to read:
AB133-SSA1-SA1,114,133 25.29 (7) (intro.) All of the proceeds of the tax which is levied under s. 70.58, and
4all moneys paid into the state treasury as the counties' share of compensation of
5emergency fire wardens under s. 26.14 shall be used for acquiring, preserving and
6developing the forests of the state, including the acquisition of lands owned by
7counties by virtue of any tax deed and of other lands suitable for state forests, and
8for the development of lands so acquired and the conduct of forestry thereon,
9including the growing and planting of trees; for forest and marsh fire prevention and
10control; for grants to forestry cooperatives under s. 36.56; for compensation of
11emergency fire wardens; for maintenance, permanent property and forestry
12improvements; for other forestry purposes authorized by law and for the payment of
13aid for forests as authorized in s. 28.11 and subchs. I and VI of ch. 77.".
AB133-SSA1-SA1,114,15 14501. Page 466, line 15: delete "appropriations under ss. 20.395 (5) (cL) and"
15and substitute "appropriation account under s.".
AB133-SSA1-SA1,114,16 16502. Page 468, line 9: delete lines 9 and 10.
AB133-SSA1-SA1,114,17 17503. Page 468, line 22: after that line insert:
AB133-SSA1-SA1,114,18 18" Section 716m. 25.49 (3) of the statutes is created to read:
AB133-SSA1-SA1,114,1919 25.49 (3) The fees imposed under s. 289.645.".
AB133-SSA1-SA1,114,20 20504. Page 470, line 10: delete "$26,600,000" and substitute "$28,600,000".
AB133-SSA1-SA1,114,22 22506. Page 470, line 14: after that line insert:
AB133-SSA1-SA1,114,23 23" Section 717v. 25.71 of the statutes is created to read:
AB133-SSA1-SA1,115,4
125.71 Corrections special reserve fund. (1) There is established a
2corrections special reserve fund, consisting of moneys appropriated by the
3legislature from the general fund under s. 20.855 (4) (em) and earnings from this
4money. Moneys in the fund may only be used for the following purposes:
AB133-SSA1-SA1,115,65 (a) Debt payments for the department of corrections under s. 20.410 (1) (qd) and
6(3) (qg).
AB133-SSA1-SA1,115,77 (b) Operation costs for the department of corrections.
AB133-SSA1-SA1,115,88 (c) Community corrections programs.
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