LRBa2320/6
RAC:cjs/kmg/jlg:jf
1999 - 2000 LEGISLATURE
SENATE AMENDMENT 1,
TO SENATE SUBSTITUTE AMENDMENT 1,
TO 1999 ASSEMBLY BILL 892
March 30, 2000 - Offered by Senators Decker, Chvala and Erpenbach.
AB892-SSA1-SA1,1,11
97. Page 36, line 16: delete that line and substitute "maintenance and operating
10costs of the football stadium facilities. The payments shall be made annually until
11the earlier of the following:".
AB892-SSA1-SA1,2,4
2"a. January 1 of the 28th year beginning after the initial year in which the
3revenues are first used to pay the maintenance and operating costs of the football
4stadium facilities.
AB892-SSA1-SA1,2,95
b. The year in which the district board determines that the balance of moneys
6in the fund established under s. 229.8257, plus all projected earnings on the moneys,
7are sufficient to pay the maintenance and operating costs of the football stadium
8facilities in the amounts specified in subd. 1. (intro.), as affected by any adjustment
9under subd. 2., through the time specified under subd. 1. a.".
AB892-SSA1-SA1,2,13
12"2. To fully fund the fund established under s. 229.8257 to pay the maintenance
13and operating costs of the football stadium facilities specified under par. (b) 1. b.".
AB892-SSA1-SA1,2,18
17"2. To fully fund the fund established under s. 229.8257 to pay the maintenance
18and operating costs of the football stadium facilities specified under par. (b) 1. b.".
AB892-SSA1-SA1,3,15
1223. Page 46, line 4: delete "At the time of the first issuance of bonds," and
13substitute "Between the time of the first issuance of bonds and the end of the 3rd year
14that occurs immediately after the year in which the tax is first imposed under s.
1577.706,".