LRBs0448/1
MS/JTK/RC/JK/GM:cmh/kmg:ch
1999 - 2000 LEGISLATURE
ASSEMBLY SUBSTITUTE AMENDMENT 2,
TO 1999 ASSEMBLY BILL 892
March 21, 2000 - Offered by
Special committee on The Renovation of Lambeau
Field.
AB892-ASA2,2,9
1An Act to renumber 66.066 (5) and 77.707;
to amend 13.94 (4) (a) 1., 13.94 (10),
216.70 (14), 18.03 (5s), 19.42 (13) (a), 19.59 (1) (a), 19.59 (1) (g) 1. a., 25.50 (1) (d),
332.02 (1), 66.04 (2) (a) (intro.), 66.066 (1) (a), 66.066 (1) (c), 66.067, 66.30 (1) (a),
471.26 (1) (bm), 71.26 (1m) (g), 71.36 (1m), 71.45 (1t) (g), 77.705 (title), 77.71,
577.76 (3m), 77.76 (4), 103.49 (3) (ar), 109.09 (1), 111.322 (2m) (c), 227.01 (13) (t),
6779.14 (1m) (d) 2. b., 779.14 (1m) (d) 3. and 946.15; and
to create 20.395 (1) (gv),
720.566 (1) (ge), 20.835 (4) (ge), 20.867 (5), 24.61 (2) (a) 8., 25.17 (3) (b) 11., 66.04
8(2) (a) 3q., 66.066 (5) (b), 71.05 (1) (c) 5., 77.54 (45), 77.706, 77.707 (2), 77.76 (3p),
985.62, 219.09 (1) (d), subchapter IV of chapter 229 [precedes 229.820] and
10779.14 (4) of the statutes;
relating to: creating a local professional football
11stadium district; giving a local professional football stadium district the
12authority to issue bonds and granting income tax exemptions for interest
13income on bonds issued by the district; making a state moral obligation pledge
1with respect to bonds issued by a local professional football stadium district;
2giving a local professional football stadium district the authority to impose a
3sales tax and a use tax; creating an income and franchise tax exemption for a
4local professional football stadium district; state aid for transportation
5facilities associated with a professional football team's home stadium;
6requiring a professional football team or a related party that enters into a
7contract with a local professional football stadium district that requires the
8team or related party to acquire and construct football stadium facilities to
9comply with the prevailing wage law; and making appropriations.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB892-ASA2,3,212
13.94
(4) (a) 1. Every state department, board, examining board, affiliated
13credentialing board, commission, independent agency, council or office in the
14executive branch of state government; all bodies created by the legislature in the
15legislative or judicial branch of state government; any public body corporate and
16politic created by the legislature including specifically a professional baseball park
17district
, a local professional football stadium district and a family care district
18created under s. 46.2895; every Wisconsin works agency under subch. III of ch. 49;
19every provider of medical assistance under subch. IV of ch. 49; technical college
20district boards; development zones designated under s. 560.71; every county
21department under s. 51.42 or 51.437; every nonprofit corporation or cooperative to
22which moneys are specifically appropriated by state law; and every corporation,
23institution, association or other organization which receives more than 50% of its
1annual budget from appropriations made by state law, including subgrantee or
2subcontractor recipients of such funds.
AB892-ASA2,3,114
13.94
(10) Financial status of local certain professional
baseball park
5sports districts. As promptly as possible following the end of each state fiscal
6biennium in which there are outstanding bonds or notes issued by a local
7professional baseball park district created under subch. III of ch. 229 that are subject
8to s. 229.74 (7)
or by a local professional football stadium district created under
9subch. IV of ch. 229 that are subject to s. 229.830 (7), the legislative audit bureau
10shall submit a report to the cochairpersons of the joint committee on finance
11concerning the financial status of that district.
AB892-ASA2,3,1413
16.70
(14) "State" does not include a district created under subch. II
or, III
or
14IV of ch. 229.
AB892-ASA2,3,1916
18.03
(5s) Upon the request of a local professional baseball park district
17created under subch. III of ch. 229
or a local professional football stadium district
18created under subch. IV of ch. 229, the commission may serve as financial consultant
19to assist and coordinate the issuance of the bonds of a district.
AB892-ASA2, s. 5
20Section
5. 19.42 (13) (a) of the statutes is amended to read:
AB892-ASA2,4,221
19.42
(13) (a) All positions to which individuals are regularly appointed by the
22governor, except the position of trustee of any private higher educational institution
23receiving state appropriations
and, the position of member of the district board of a
24local professional baseball park district created under subch. III of ch. 229
and the
1position of member of the district board of a local professional football stadium
2district created under subch. IV of ch. 229.
AB892-ASA2,4,134
19.59
(1) (a) No local public official may use his or her public position or office
5to obtain financial gain or anything of substantial value for the private benefit of
6himself or herself or his or her immediate family, or for an organization with which
7he or she is associated. A violation of this paragraph includes the acceptance of free
8or discounted admissions to a professional baseball
or football game by a member of
9the district board of a local professional baseball park district created under subch.
10III of ch. 229
or a local professional football stadium district created under subch. IV
11of ch. 229. This paragraph does not prohibit a local public official from using the title
12or prestige of his or her office to obtain campaign contributions that are permitted
13and reported as required by ch. 11.
AB892-ASA2, s. 7
14Section
7. 19.59 (1) (g) 1. a. of the statutes is amended to read:
AB892-ASA2,4,1715
19.59
(1) (g) 1. a. "District" means a local professional baseball park district
16created under subch. III of ch. 229
or a local professional football stadium district
17created under subch. IV of ch. 229.
AB892-ASA2, s. 9
1Section
9. 20.395 (1) (gv) of the statutes is created to read:
AB892-ASA2,5,42
20.395
(1) (gv)
Transportation aids to local professional football stadium
3districts. As a continuing appropriation, the amounts in the schedule for
4transportation aids to local professional football stadium districts under s. 85.62.
AB892-ASA2,5,106
20.566
(1) (ge)
Administration of local professional football stadium district
7taxes. From the moneys transferred from the appropriation account under s. 20.835
8(4) (ge), the amounts in the schedule for administering the special district taxes
9imposed under s. 77.706 by a local professional football stadium district created
10under subch. IV of ch. 229.
AB892-ASA2,6,412
20.835
(4) (ge)
Local professional football stadium district taxes. All moneys
13received from the taxes imposed under s. 77.706, for the purpose of distribution to
1the special districts that adopt a resolution imposing taxes under subch. V of ch. 77,
2and for the purpose of financing a local professional football stadium district, except
3that, of those tax revenues collected under subch. V of ch. 77, 1.5% shall be credited
4to the appropriation account under s. 20.566 (1) (ge).
AB892-ASA2,6,96
20.867
(5) Services to nonstate governmental units. (g)
Financial consulting
7services. All moneys received from local professional football stadium districts for
8financial consulting services provided under s. 18.03 (5s), to be used to provide those
9services.
AB892-ASA2,6,1211
24.61
(2) (a) 8. Bonds issued by a local professional football stadium district
12created under subch. IV of ch. 229.
AB892-ASA2, s. 14
13Section
14. 25.17 (3) (b) 11. of the statutes is created to read:
AB892-ASA2,6,1514
25.17
(3) (b) 11. Bonds issued by a local professional football stadium district
15created under subch. IV of ch. 229.
AB892-ASA2,7,218
25.50
(1) (d) "Local government" means any county, town, village, city, power
19district, sewerage district, drainage district, town sanitary district, public inland
20lake protection and rehabilitation district, local professional baseball park district
21created under subch. III of ch. 229, family care district under s. 46.2895,
local
22professional football stadium district created under subch. IV of ch. 229, public
23library system, school district or technical college district in this state, any
24commission, committee, board or officer of any governmental subdivision of this
1state, any court of this state, other than the court of appeals or the supreme court,
2or any authority created under s. 231.02, 233.02 or 234.02.
AB892-ASA2,7,144
32.02
(1) Any county, town, village, city, including villages and cities
5incorporated under general or special acts, school district, the department of health
6and family services, the department of corrections, the board of regents of the
7university of Wisconsin system, the building commission, a commission created by
8contract under s. 66.30, with the approval of the municipality in which condemnation
9is proposed, or any public board or commission, for any lawful purpose, but in the
10case of city and village boards or commissions approval of that action is required to
11be granted by the governing body. A mosquito control commission, created under s.
1259.70 (12), may not acquire property by condemnation.
A local professional football
13stadium district board, created under subch. IV of ch. 229, may not acquire property
14by condemnation.
AB892-ASA2, s. 16
15Section
16. 66.04 (2) (a) (intro.) of the statutes is amended to read:
AB892-ASA2,7,2016
66.04
(2) (a) (intro.) Any county, city, village, town, school district, drainage
17district, technical college district or other governing board
, as defined by s. 34.01 (1)
,
18other than a local professional football stadium district board created under subch.
19IV of ch. 229, may invest any of its funds not immediately needed in any of the
20following:
AB892-ASA2, s. 17
21Section
17. 66.04 (2) (a) 3q. of the statutes is created to read:
AB892-ASA2,7,2322
66.04
(2) (a) 3q. Bonds issued by a local professional football stadium district
23created under subch. IV of ch. 229.
AB892-ASA2,8,11
166.066
(1) (a) "Municipality" means any city, village, town, county, commission
2created by contract under s. 66.30, public inland lake protection and rehabilitation
3district established under s. 33.23, 33.235 or 33.24, metropolitan sewerage district
4created under ss. 66.20 to 66.26 or 66.88 to 66.918, town sanitary district under
5subch. IX of ch. 60, a local professional baseball park district created under subch.
6III of ch. 229
, a local professional football stadium district created under subch. IV
7of ch. 229 or a municipal water district or power district under ch. 198 and any other
8public or quasi-public corporation, officer, board or other public body empowered to
9borrow money and issue obligations to repay the same out of revenues.
10"Municipality" does not include the state or a local exposition district created under
11subch. II of ch. 229.
AB892-ASA2,8,2013
66.066
(1) (c) "Revenue" means all moneys received from any source by a public
14utility and all rentals and fees and
, in the case of a local professional baseball park
15district created under subch. III of ch. 229 includes tax revenues deposited into a
16special fund under s. 229.685 and payments made into a special debt service reserve
17fund under s. 229.74
and, in the case of a local professional football stadium district
18created under subch. IV of ch. 229 includes tax revenues deposited into a special fund
19under s. 229.825 and payments made into a special debt service reserve fund under
20s. 229.830.
AB892-ASA2, s. 20
21Section
20. 66.066 (5) of the statutes is renumbered 66.066 (5) (a).
AB892-ASA2,8,2523
66.066
(5) (b) Revenue bonds issued by a local professional football stadium
24district created under subch. IV of ch. 229 are subject to the provisions in ss. 229.829
25to 229.834.
AB892-ASA2,9,10
266.067 Public works projects. For financing purposes, garbage
3incinerators, toll bridges, swimming pools, tennis courts, parks, playgrounds, golf
4links, bathing beaches, bathhouses, street lighting, city halls, village halls, town
5halls, courthouses, jails, schools, cooperative educational service agencies, hospitals,
6homes for the aged or indigent, child care centers, as defined in s. 231.01 (3c),
7regional projects, waste collection and disposal operations, systems of sewerage,
8local professional baseball park facilities
, local professional football stadium
9facilities and any and all other necessary public works projects undertaken by any
10municipality are public utilities within the meaning of s. 66.066.
AB892-ASA2,9,2313
66.30
(1) (a) In this section "municipality" means the state or any department
14or agency thereof, or any city, village, town, county, school district, public library
15system, public inland lake protection and rehabilitation district, sanitary district,
16farm drainage district, metropolitan sewerage district, sewer utility district, solid
17waste management system created under s. 59.70 (2), local exposition district
18created under subch. II of ch. 229, local professional baseball park district created
19under subch. III of ch. 229,
local professional football stadium district created under
20subch. IV of ch. 229, family care district under s. 46.2895, water utility district,
21mosquito control district, municipal electric company, county or city transit
22commission, commission created by contract under this section, taxation district or
23regional planning commission.
AB892-ASA2,10,2
171.05
(1) (c) 5. A local professional football stadium district created under
2subch. IV of ch. 229.
AB892-ASA2,10,74
71.26
(1) (bm)
Certain local districts. Income of a local exposition district
5created under subch. II of ch. 229
or, a local professional baseball park district
6created under subch. III of ch. 229
or a local professional football stadium district
7created under subch. IV of ch. 229.
AB892-ASA2,10,109
71.26
(1m) (g) Those issued under s. 66.066 by a local professional baseball
10park district
or a local professional football stadium district.
AB892-ASA2,11,812
71.36
(1m) A tax-option corporation may deduct from its net income all
13amounts included in the Wisconsin adjusted gross income of its shareholders, the
14capital gain deduction under s. 71.05 (6) (b) 9. and all amounts not taxable to
15nonresident shareholders under ss. 71.04 (1) and (4) to (9) and 71.362. For purposes
16of this subsection, interest on federal obligations, obligations issued under s. 66.066
17by a local professional baseball park district
or a local professional football stadium
18district, obligations issued under ss. 66.40, 66.431 and 66.4325, obligations issued
19under s. 234.65 to fund an economic development loan to finance construction,
20renovation or development of property that would be exempt under s. 70.11 (36) and
21obligations issued under subch. II of ch. 229 is not included in shareholders' income.
22The proportionate share of the net loss of a tax-option corporation shall be attributed
23and made available to shareholders on a Wisconsin basis but subject to the limitation
24and carry-over rules as prescribed by section
1366 (d) of the internal revenue code.
25Net operating losses of the corporation to the extent attributed or made available to
1a shareholder may not be used by the corporation for further tax benefit. For
2purposes of computing the Wisconsin adjusted gross income of shareholders,
3tax-option items shall be reported by the shareholders and those tax-option items,
4including capital gains and losses, shall retain the character they would have if
5attributed to the corporation, including their character as business income. In
6computing the tax liability of a shareholder, no credit against gross tax that would
7be available to the tax-option corporation if it were a nontax-option corporation may
8be claimed.
AB892-ASA2,11,1110
71.45
(1t) (g) Those issued under s. 66.066 by a local professional baseball park
11district
or a local professional football stadium district.