LRBs0523/4
MS/JTK/RC/JK/GM/PEN:cmh/kmg:jf&ch
1999 - 2000 LEGISLATURE
SENATE SUBSTITUTE AMENDMENT 1,
TO 1999 ASSEMBLY BILL 892
March 30, 2000 - Offered by Senators Decker, Chvala and Erpenbach.
AB892-SSA1,2,23
1An Act to renumber 66.066 (5) and 77.707;
to renumber and amend 70.11
2(36);
to amend 13.94 (4) (a) 1., 13.94 (10), 16.70 (14), 18.03 (5s), 19.59 (1) (a),
319.59 (1) (g) 1. a., 20.536 (1) (k), 20.566 (1) (hp), 24.61 (2) (a) (title), 24.61 (2) (a)
43., 24.61 (2) (b), 24.62 (1), 25.17 (1) (zm), 25.50 (1) (d), 32.02 (1), 66.04 (2) (a)
5(intro.), 66.066 (1) (a), 66.066 (1) (c), 66.067, 66.30 (1) (a), 71.26 (1) (bm), 71.26
6(1m) (g), 71.36 (1m), 71.45 (1t) (g), 77.705 (title), 77.71, 77.76 (3m), 77.76 (4),
7103.49 (3) (ar), 109.09 (1), 111.322 (2m) (c), 227.01 (13) (t), 341.14 (6r) (b) 1.,
8341.14 (6r) (b) 3., 341.14 (6r) (e), 341.14 (6r) (fm) 7., 779.14 (1m) (d) 2. b., 779.14
9(1m) (d) 3. and 946.15;
to repeal and recreate 341.14 (6r) (c); and
to create
1020.395 (1) (ig), 20.395 (5) (cL), 20.566 (1) (ge), 20.835 (4) (ge), 20.867 (5), 24.61
11(2) (a) 8., 24.61 (2) (c), 25.16 (8), 25.17 (1) (ah), 25.17 (1) (ax), 25.17 (1) (kd), 25.17
12(1) (xLm), 25.17 (3) (b) 11., 25.40 (1) (a) 20., 66.04 (2) (a) 3q., 66.066 (5) (b), 70.11
13(36) (b), 71.05 (1) (c) 5., 71.10 (5e), 77.54 (45), 77.706, 77.707 (2), 77.76 (3p),
185.605, 219.09 (1) (d), subchapter IV of chapter 229 [precedes 229.820], 341.14
2(6r) (b) 8., 341.14 (6r) (f) 55., 341.14 (6r) (h) and 779.14 (4) of the statutes;
3relating to: creating a local professional football stadium district; giving a
4local professional football stadium district the authority to issue bonds and
5granting income tax exemptions for interest income on bonds issued by the
6district; creating an individual income tax checkoff for debt service payments
7for bonds related to a local professional football stadium district; creating goals
8for the participation of minority and women's business in contracts related to
9the construction or renovation of football stadium facilities; making a state
10moral obligation pledge with respect to bonds issued by a local professional
11football stadium district; giving a local professional football stadium district
12the authority to impose a sales tax and a use tax; creating an income and
13franchise tax exemption for a local professional football stadium district; the
14property tax exemption for a professional football stadium; requiring a
15professional football team or a related party that enters into a contract with a
16local professional football stadium district that requires the team or related
17party to acquire and construct or renovate football stadium facilities to comply
18with the prevailing wage law; special distinguishing registration plates
19associated with certain professional football teams; deposits to funds for the
20operation and maintenance of a home stadium to be used by a professional
21football team; the investment authority of the board of commissioners of public
22lands and the investment board; the sale of engraved tiles or bricks sold by a
23professional football team; and making appropriations.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB892-SSA1,3,163
13.94
(4) (a) 1. Every state department, board, examining board, affiliated
4credentialing board, commission, independent agency, council or office in the
5executive branch of state government; all bodies created by the legislature in the
6legislative or judicial branch of state government; any public body corporate and
7politic created by the legislature including specifically a professional baseball park
8district
, a local professional football stadium district and a family care district
9created under s. 46.2895; every Wisconsin works agency under subch. III of ch. 49;
10every provider of medical assistance under subch. IV of ch. 49; technical college
11district boards; development zones designated under s. 560.71; every county
12department under s. 51.42 or 51.437; every nonprofit corporation or cooperative to
13which moneys are specifically appropriated by state law; and every corporation,
14institution, association or other organization which receives more than 50% of its
15annual budget from appropriations made by state law, including subgrantee or
16subcontractor recipients of such funds.
AB892-SSA1,3,2518
13.94
(10) Financial status of local certain professional
baseball park
19sports districts. As promptly as possible following the end of each state fiscal
20biennium in which there are outstanding bonds or notes issued by a local
21professional baseball park district created under subch. III of ch. 229 that are subject
22to s. 229.74 (7)
or by a local professional football stadium district created under
23subch. IV of ch. 229 that are subject to s. 229.830 (7), the legislative audit bureau
24shall submit a report to the cochairpersons of the joint committee on finance
25concerning the financial status of that district.
AB892-SSA1,4,32
16.70
(14) "State" does not include a district created under subch. II
or, III
or
3IV of ch. 229.
AB892-SSA1,4,85
18.03
(5s) Upon the request of 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, the commission may serve as financial consultant
8to assist and coordinate the issuance of the bonds of a district.
AB892-SSA1,4,1910
19.59
(1) (a) No local public official may use his or her public position or office
11to obtain financial gain or anything of substantial value for the private benefit of
12himself or herself or his or her immediate family, or for an organization with which
13he or she is associated. A violation of this paragraph includes the acceptance of free
14or discounted admissions to a professional baseball
or football game by a member of
15the district board of a local professional baseball park district created under subch.
16III of ch. 229
or a local professional football stadium district created under subch. IV
17of ch. 229. This paragraph does not prohibit a local public official from using the title
18or prestige of his or her office to obtain campaign contributions that are permitted
19and reported as required by ch. 11.
AB892-SSA1, s. 6
20Section
6. 19.59 (1) (g) 1. a. of the statutes is amended to read:
AB892-SSA1,4,2321
19.59
(1) (g) 1. a. "District" means a local professional baseball park district
22created under subch. III of ch. 229
or a local professional football stadium district
23created under subch. IV of ch. 229.
AB892-SSA1, s. 8
1Section
8. 20.395 (1) (ig) of the statutes is created to read:
AB892-SSA1,5,52
20.395
(1) (ig)
Professional football stadium maintenance and operating costs,
3state funds. From the general fund, all moneys received under s. 341.14 (6r) (b) 8.
4b., for the purposes of making deposits to funds established by professional football
5stadium districts under s. 85.605.
AB892-SSA1, s. 9
6Section
9. 20.395 (5) (cL) of the statutes is created to read:
AB892-SSA1,5,97
20.395
(5) (cL)
Licensing fees, state funds. From the general fund, all moneys
8received under s. 341.14 (6r) (b) 8. a. for the purpose of making payments of licensing
9fees under s. 341.14 (6r) (h).
AB892-SSA1,5,1412
20.536
(1) (k)
General program operations. All moneys received from
13assessments made under s. 25.187 (2) and from charges made under ss.
24.62 (1),
1425.16 (8) and 25.17 (9) for the purpose of conducting general program operations.
AB892-SSA1,6,216
20.566
(1) (ge)
Administration of local professional football stadium district
17taxes. From the moneys transferred from the appropriation account under s. 20.835
18(4) (ge), the amounts in the schedule for administering the special district taxes
1imposed under s. 77.706 by a local professional football stadium district created
2under subch. IV of ch. 229.
AB892-SSA1,6,95
20.566
(1) (hp)
Administration of endangered resources; professional football
6district voluntary payments. The amounts in the schedule for the payment of all
7administrative costs, including data processing costs, incurred in administering ss.
871.10 (5)
and (5e) and 71.30 (10). All moneys certified under ss. 71.10 (5) (h) 1. and
971.30 (10) (h) 1. shall be credited to this appropriation.
AB892-SSA1,6,1611
20.835
(4) (ge)
Local professional football stadium district taxes. All moneys
12received from the taxes imposed under s. 77.706, for the purpose of distribution to
13the special districts that adopt a resolution imposing taxes under subch. V of ch. 77,
14and for the purpose of financing a local professional football stadium district, except
15that, of those tax revenues collected under subch. V of ch. 77, 1.5% shall be credited
16to the appropriation account under s. 20.566 (1) (ge).
AB892-SSA1,6,2118
20.867
(5) Services to nonstate governmental units. (g)
Financial consulting
19services. All moneys received from local professional football stadium districts for
20financial consulting services provided under s. 18.03 (5s), to be used to provide those
21services.
AB892-SSA1, s. 15
22Section
15. 24.61 (2) (a) (title) of the statutes is amended to read:
AB892-SSA1,6,2323
24.61
(2) (a) (title)
Authorized investments by board.
AB892-SSA1,6,2525
24.61
(2) (a) 3. Bonds
and notes of this state.
AB892-SSA1,7,32
24.61
(2) (a) 8. Bonds issued by a local professional football stadium district
3created under subch. IV of ch. 229.
AB892-SSA1,7,65
24.61
(2) (b)
Deposited with state treasurer. All bonds, notes and other
6securities
so purchased
under par. (a) shall be deposited with the state treasurer.
AB892-SSA1,7,138
24.61
(2) (c)
Delegation of investment authority to investment board. The board
9of commissioners of public lands may delegate to the investment board the authority
10to invest part or all of the moneys belonging to the trust funds. If the board of
11commissioners of public lands delegates the authority, the investment board may
12invest the moneys belonging to the trust funds in any manner authorized for the
13investment of any funds specified in s. 25.17 (1).
AB892-SSA1,7,2215
24.62
(1) Except as authorized in sub. (2), the board shall deduct its expenses
16incurred in administering investments and loans under s. 24.61 from the gross
17receipts of the fund to which the interest and income of the investment or loan will
18be added.
If the board of commissioners of public lands delegates to the investment
19board the authority to invest part or all of the moneys belonging to the trust funds,
20the investment board shall deduct its expenses incurred in administering
21investments under s. 24.61 from the gross receipts of the fund to which the interest
22and income of the investment will be added.
AB892-SSA1,8,624
25.16
(8) The executive director shall assign an investment professional to
25assist the board of commissioners of public lands in establishing and maintaining
1investment objectives with respect to the investment of the assets of the agricultural
2college fund, the common school fund, the normal school fund and the university
3fund. An amount equal to the cost of any services rendered to the board of
4commissioners of public lands under this subsection shall be deducted from the gross
5receipts of the fund to which the moneys invested belong and shall be credited to the
6appropriation account under s. 20.536 (1) (k).
AB892-SSA1,8,98
25.17
(1) (ah) Agricultural college fund (s. 24.82), but subject to the terms of
9delegation under s. 24.61 (2) (c);
AB892-SSA1,8,1211
25.17
(1) (ax) Common school fund (s. 24.76), but subject to the terms of
12delegation under s. 24.61 (2) (c);
AB892-SSA1,8,1514
25.17
(1) (kd) Normal school fund (s. 24.80), but subject to the terms of
15delegation under s. 24.61 (2) (c);
AB892-SSA1,8,1817
25.17
(1) (xLm) University fund (s. 24.81), but subject to the terms of delegation
18under s. 24.61 (2) (c);
AB892-SSA1,8,2520
25.17
(1) (zm) All other funds of the state or of any state department or
21institution, except
funds which under article X of the constitution are controlled and
22invested by the board of commissioners of public lands, funds which are required by
23specific provision of law to be controlled and invested by any other authority, and
24moneys in the University of Wisconsin trust funds, and in the trust funds of the state
25universities.