SB45,171,615
18.60
(1) The commission may authorize, for any one or more of the purposes
16described in s. 18.53 (1), the issuance of revenue-obligation refunding bonds.
17Refunding bonds may be issued, subject to any contract rights vested in
holders 18owners of bonds or notes being refinanced, to refinance more than one issue of bonds
19or notes notwithstanding that the bonds or notes may have been issued at different
20times for different purposes and may be secured by the property or income of more
21than one enterprise or program or may be public debt or building-corporation
22indebtedness. The principal amount of refunding bonds shall not exceed the sum of:
23the principal amount of the bonds or notes being refinanced; applicable redemption
24premiums; unpaid interest on the bonds or notes to the date of delivery or exchange
25of the refunding bonds; in the event the proceeds are to be deposited in trust as
1provided in sub. (3), interest to accrue on the bonds or notes from the date of delivery
2to the date of maturity or to the redemption date selected by the commission,
3whichever is earlier; and the expenses incurred in the issuance of the refunding
4bonds and the payment of the bonds or notes. A determination by the commission
5that a refinancing is advantageous or that any of the amounts provided in the
6preceding sentence should be included in the refinancing shall be conclusive.
SB45, s. 149
7Section
149. 18.60 (2) of the statutes is amended to read:
SB45,171,238
18.60
(2) If the commission determines to exchange refunding bonds, they may
9be exchanged privately for and in payment and discharge of any of the outstanding
10bonds or notes being refinanced. Refunding bonds may be exchanged for a like or
11greater principal amount of the bonds or notes being exchanged therefor except that
12the principal amount of the refunding bonds may exceed the principal amount of the
13bonds or notes being exchanged therefor only to the extent determined by the
14commission to be necessary or advisable to pay redemption premiums and unpaid
15interest to the date of exchange not otherwise provided for. The
holders owners of
16the bonds or notes being refunded who elect to exchange need not pay accrued
17interest on the refunding bonds if and to the extent that interest is accrued and
18unpaid on the bonds or notes being refunded and to be surrendered. If any of the
19bonds or notes to be refinanced are to be called for redemption, the commission shall
20determine which redemption dates shall be used, if more than one date is applicable
21and shall, prior to the issuance of the refunding bonds, provide for notice of
22redemption to be given in the manner and at the times required by the proceedings
23authorizing the outstanding bonds or notes.
SB45, s. 150
24Section
150. 18.60 (5) of the statutes is renumbered 18.60 (5) (intro.) and
25amended to read:
SB45,172,4
118.60
(5) (intro.) All
of the following provisions
of s. 18.56 that are not
2inconsistent with the express provisions of this section shall apply to refunding
3bonds
, except that the maximum permissible term shall be 50 years from the date
4of original issue of the oldest note or bond issue being refunded
.:
SB45, s. 151
5Section
151. 18.60 (5) (a) to (c) of the statutes are created to read:
SB45,172,66
18.60
(5) (a) Section 18.56.
SB45,172,77
(b) In the case of enterprise obligations, s. 18.561.
SB45,172,88
(c) In the case of special fund obligations, s. 18.562.
SB45, s. 152
9Section
152. 18.61 (2) of the statutes is amended to read:
SB45,172,1810
18.61
(2) The state pledges and agrees with the
holders owners of
any evidences
11of revenue
obligation obligations that the state will not limit or alter its powers to
12fulfill the terms of any agreements made with the
holders owners or in any way
13impair the rights and remedies of the
holders owners until the revenue obligations,
14together with interest including interest on any unpaid instalments of interest, and
15all costs and expenses in connection with any action or proceeding by or on behalf of
16the
holders owners, are fully met and discharged. The commission may include this
17pledge and agreement of the state in any agreement with the
holders of notes or
18bonds and in any evidence owners of revenue obligation.
SB45, s. 153
19Section
153. 18.61 (3) (a) of the statutes is amended to read:
SB45,173,320
18.61
(3) (a) If the state fails to pay any revenue obligation in accordance with
21its terms, and default continues for a period of 30 days or if the state fails or refuses
22to comply with this subchapter or defaults in any agreement made with the
holders 23owner of any issue of revenue obligations, the
holders owners of 25% in aggregate
24principal amount of the revenue obligations of the issue then outstanding by
25instrument recorded in the office of the register of deeds of Dane county and approved
1or acknowledged in the same manner as a deed to be recorded may appoint a trustee
2to represent the
holders owners of the
notes or bonds revenue obligations for the
3purposes specifically provided in the instrument.
SB45, s. 154
4Section
154. 18.61 (3) (b) (intro.) of the statutes is amended to read:
SB45,173,75
18.61
(3) (b) (intro.) The trustee may, and upon written request of the
holders 6owners of 25% in aggregate principal amount of the revenue obligations of the issue
7then outstanding shall, in the trustee's own name:
SB45, s. 155
8Section
155. 18.61 (3) (b) 1. of the statutes is amended to read:
SB45,173,149
18.61
(3) (b) 1. By action or proceeding, enforce all rights of all
holders owners 10of the issue of revenue obligations, including the right to require the state to collect
11enterprise or program income adequate to carry out any agreement as to, or pledge
12of, such income and to require the state to carry out any other agreements with the
13holders owners of the revenue obligations and to perform its duties under this
14subchapter;
SB45, s. 156
15Section
156. 18.61 (3) (b) 3. of the statutes is amended to read:
SB45,173,1716
18.61
(3) (b) 3. By action, require the state to account as if it were the trustee
17of an express trust for the
holders owners of the revenue obligations;
SB45, s. 157
18Section
157. 18.61 (3) (b) 4. of the statutes is amended to read:
SB45,173,2019
18.61
(3) (b) 4. By action, enjoin any acts or things which may be unlawful or
20in violation of the rights of the
holders owners of the revenue obligations; and
SB45, s. 158
21Section
158. 18.61 (3) (c) of the statutes is amended to read:
SB45,173,2522
18.61
(3) (c) The trustee shall have all of the powers necessary or appropriate
23for the exercise of any functions specifically set forth in this subchapter or incident
24to the general representation of the
holders owners of revenue obligations in the
25enforcement and protection of their rights.
SB45, s. 159
1Section
159. 18.61 (4) of the statutes is amended to read:
SB45,174,82
18.61
(4) Any public officer or public employe, as defined in s. 939.22 (30), and
3the surety on the person's official bond, or any other person participating in any
4direct or indirect impairment of any fund established under this subchapter, shall
5be liable in any action brought by the attorney general in the name of the state, or
6by any taxpayer of the state, or by the
holder of any evidence owner of revenue
7obligation payable in whole or in part, directly or indirectly, out of such fund, to
8restore to the fund all diversions from the fund.
SB45, s. 160
9Section
160. 19.32 (1) of the statutes is amended to read:
SB45,174,2010
19.32
(1) "Authority" means any of the following having custody of a record: a
11state or local office, elected official, agency, board, commission, committee, council,
12department or public body corporate and politic created by constitution, law,
13ordinance, rule or order; a governmental or quasi-governmental corporation except
14for the Bradley center sports and entertainment corporation; a local exposition
15district under subch. II of ch. 229;
a family care district under s. 46.2895; any court
16of law; the assembly or senate; a nonprofit corporation which receives more than 50%
17of its funds from a county or a municipality, as defined in s. 59.001 (3), and which
18provides services related to public health or safety to the county or municipality; a
19nonprofit corporation operating the Olympic ice training center under s. 42.11 (3);
20or a formally constituted subunit of any of the foregoing.
SB45, s. 161
21Section
161. 19.35 (1) (am) 2. c. of the statutes is amended to read:
SB45,175,422
19.35
(1) (am) 2. c. Endanger the security
, including the security of the
23population or staff, of any state
correctional institution, as defined in s. 301.01 (4) 24prison under s. 302.01, jail, as defined in s. 165.85 (2) (bg), secured correctional
25facility, as defined in s. 938.02 (15m), secured child caring institution, as defined in
1s. 938.02 (15g),
secured group home, as defined in s. 938.02 (15p), mental health
2institute, as defined in s. 51.01 (12),
or center for the developmentally disabled, as
3defined in s. 51.01 (3)
, or the population or staff of any of these institutions, facilities
4or jails.
SB45, s. 162
5Section
162. 19.36 (10) of the statutes is created to read:
SB45,175,96
19.36
(10) Home addresses and telephone numbers of employes. An authority
7may withhold from inspection and copying under s. 19.35 (1) (a) any information
8contained in a record of that authority pertaining to the home address or home
9telephone number of an employe of the authority.
SB45, s. 163
10Section
163. 19.37 (2) of the statutes is amended to read:
SB45,175,2111
19.37
(2) Costs, fees and damages. (a) Except as provided in this paragraph
12and s. 893.83, the court shall award reasonable attorney fees, damages of not less
13than $100, and other actual costs to the requester if the requester prevails in whole
14or in substantial part in any action filed under sub. (1) relating to access to a record
15or part of a record under s. 19.35 (1) (a). If the requester is a committed or
16incarcerated person, the requester is not entitled to any minimum amount of
17damages, but the court may award damages
unless the action relates to a matter
18specified in s. 893.83. Costs and fees shall be paid by the authority affected or the
19unit of government of which it is a part, or by the unit of government by which the
20legal custodian under s. 19.33 is employed and may not become a personal liability
21of any public official.
SB45,176,222
(b)
In Except as provided in s. 893.83, in any action filed under sub. (1) relating
23to access to a record or part of a record under s. 19.35 (1) (am), if the court finds that
24the authority acted in a wilful or intentional manner, the court shall award the
1individual actual damages sustained by the individual as a consequence of the
2failure.
SB45, s. 164
3Section
164. 19.37 (3) of the statutes is amended to read:
SB45,176,74
19.37
(3) Punitive damages. If Notwithstanding s. 893.83, if a court finds that
5an authority or legal custodian under s. 19.33 has arbitrarily and capriciously denied
6or delayed response to a request or charged excessive fees, the court may award
7punitive damages to the requester.
SB45, s. 165
8Section
165. 19.82 (1) of the statutes is amended to read:
SB45,176,189
19.82
(1) "Governmental body" means a state or local agency, board,
10commission, committee, council, department or public body corporate and politic
11created by constitution, statute, ordinance, rule or order; a governmental or
12quasi-governmental corporation except for the Bradley center sports and
13entertainment corporation; a local exposition district under subch. II of ch. 229;
a
14family care district under s. 46.2895; a nonprofit corporation operating the Olympic
15ice training center under s. 42.11 (3); or a formally constituted subunit of any of the
16foregoing, but excludes any such body or committee or subunit of such body which
17is formed for or meeting for the purpose of collective bargaining under subch. I, IV
18or V of ch. 111.
SB45, s. 166
19Section
166. 20.002 (11) (b) of the statutes is renumbered 20.002 (11) (b) 1. and
20amended to read:
SB45,176,2321
20.002
(11) (b) 1. The secretary of administration shall limit the total amount
22of any temporary reallocations to a fund other than the general fund to $400,000,000.
23The
SB45,177,3
242. Except as provided in subd. 3, the secretary of administration shall limit the
25total amount of any temporary reallocations to the general fund at any one time
1during a fiscal year to an amount equal to 5% of the total amounts shown in the
2schedule under s. 20.005 (3) of appropriations of general purpose revenues,
3calculated by the secretary as of that time and for that fiscal year.
SB45,177,5
44. This paragraph does not apply to reallocations from the budget stabilization
5fund to the general fund.
SB45, s. 167
6Section
167. 20.002 (11) (b) 3. of the statutes is created to read:
SB45,177,137
20.002
(11) (b) 3. In addition to the amount permitted for temporary
8reallocations in subd. 2., the secretary may permit an additional 3% of the total
9amounts shown in the schedule under s. 20.005 (3) of appropriations of general
10purpose revenues, calculated by the secretary as of that time and for that fiscal year,
11to be used for temporary reallocations to the general fund but only if the reallocation
12is for a period not to exceed 30 days. Reallocations may not be made under this
13subdivision for consecutive periods.
SB45, s. 168
14Section
168. 20.003 (4) of the statutes is renumbered 20.003 (4) (intro.) and
15amended to read:
SB45,177,2316
20.003
(4) Required general fund balance. (intro.) No bill directly or
17indirectly affecting general purpose revenues as defined in s. 20.001 (2) (a) may be
18enacted by the legislature if the bill would cause the estimated general fund balance
19on June 30 of any fiscal year
specified in this subsection, as projected under s. 20.005
20(1)
, to be an amount equal to less than
one percent the following percentage of the
21total general purpose revenue appropriations for that fiscal year plus any amount
22from general purpose revenue designated as "Compensation Reserves" for that fiscal
23year in the summary under s. 20.005 (1)
.:
SB45, s. 169
24Section
169. 20.003 (4) (a) to (g) of the statutes are created to read:
SB45,177,2525
20.003
(4) (a) For fiscal year 1999-2000, 1%.
SB45,178,1
1(b) For fiscal year 2000-01, 1.1%.
SB45,178,22
(c) For fiscal year 2001-02, 1.2%.
SB45,178,33
(d) For fiscal year 2002-03, 1.4%.
SB45,178,44
(e) For fiscal year 2003-04, 1.6%.
SB45,178,55
(f) For fiscal year 2004-05, 1.8%.
SB45,178,66
(g) For fiscal year 2005-06 and each fiscal year thereafter, 2%.
SB45, s. 170
7Section
170. 20.005 (1) of the statutes is repealed and recreated to read:
SB45,178,108
20.005
(1) Summary of all funds. The budget governing fiscal operations for
9the state of Wisconsin for all funds beginning on July 1, 1999, and ending on June
1030, 2001, is summarized as follows: [See Figure 20.005 (1) following]
SB45,178,1212
Figure: 20.005 (1)
SUMMARY OF APPROPRIATIONS — ALL FUNDS
-
See PDF for table ![PDF](https://docs.legis.wisconsin.gov/assets/image/file_acrobat.gif)
SUMMARY OF COMPENSATION RESERVES — ALL FUNDS
-
See PDF for table ![PDF](https://docs.legis.wisconsin.gov/assets/image/file_acrobat.gif)
LOTTERY FUND SUMMARY
-
See PDF for table ![PDF](https://docs.legis.wisconsin.gov/assets/image/file_acrobat.gif)
SB45, s. 171
2Section
171. 20.005 (2) of the statutes is repealed and recreated to read:
SB45,181,53
20.005
(2) State borrowing program summary. The following schedule sets
4forth the state borrowing program summary: [See Figures 20.005 (2) (a) and (b)
5following]
SB45,181,77
Figure: 20.005 (2) (a)
SB45,181,88
SUMMARY OF BONDING AUTHORITY MODIFICATIONS
1999-01 FISCAL BIENNIUM
-
See PDF for table ![PDF](https://docs.legis.wisconsin.gov/assets/image/file_acrobat.gif)
SB45,183,22
Figure: 20.005 (2) (b)
SB45,183,33
GENERAL OBLIGATION AND
BUILDING CORPORATION DEBT SERVICE
FISCAL YEARS 1999-00 AND 2000-01
-
See PDF for table ![PDF](https://docs.legis.wisconsin.gov/assets/image/file_acrobat.gif)
SB45, s. 172
2Section
172. 20.005 (3) of the statutes is repealed and recreated to read:
SB45,189,43
20.005
(3) Appropriations. The following schedule sets forth all annual,
4biennial and sum certain continuing appropriations and anticipated expenditures
1from other appropriations for the programs and other purposes indicated. All
2appropriations are made from the general fund unless otherwise indicated. The
3letter abbreviations shown designating the type of appropriation apply to both fiscal
4years in the schedule unless otherwise indicated. [See Figure 20.005 (3) following]
SB45,189,66
Figure: 20.005 (3)
SB45, s. 173
2Section
173. 20.115 (1) (g) of the statutes is amended to read:
SB45,372,93
20.115
(1) (g)
Related services. The amounts in the schedule for the conduct of
4services related to food and trade regulation, including special and overtime meat
5inspection services under s. 97.42 (3), and investigative and audit services under ss.
693.06 (6) (b), 100.06 (1g) (c) and 100.07 (1)
. All, but excluding services financed under
7pars. (gf) and (h). Except as provided in pars. (gf) and (h), all moneys received from
8authorized service fees related to food and trade regulation shall be credited to this
9appropriation.
SB45, s. 174
10Section
174. 20.115 (1) (gf) of the statutes is created to read:
SB45,372,1311
20.115
(1) (gf)
Fruit and vegetable inspection. All moneys received for the
12inspection of fruits and vegetables under ss. 93.06 (1m), 93.09 (10) and 100.03 (3) (a)
131. and 2., to carry out the purposes for which those moneys are received.
SB45, s. 175
14Section
175. 20.115 (1) (gm) of the statutes is amended to read:
SB45,373,6
120.115
(1) (gm)
Dairy trade regulation; dairy product and vegetable producer
2security and trade practices. The amounts in the schedule for the regulation of
3vegetable procurement under s. 100.03, of dairy plant financial condition under s.
4100.06 and of dairy trade practices under s. 100.201. All moneys received under ss.
5100.03 (3) (a)
2. and 3., 100.06 (9) and 100.201 (6) shall be credited to this
6appropriation.
SB45, s. 176
7Section
176. 20.115 (1) (j) of the statutes is amended to read:
SB45,373,118
20.115
(1) (j)
Weights and measures inspection. The amounts in the schedule
9for weights and measures inspection, testing and enforcement under ch. 98. All
10moneys received under ss. 93.06 (1p),
94.64 (4) (a) 6., 94.72 (6) (a) 3., 97.30 (3) (am),
1198.04 (2), 98.05 (5), 98.16, 98.18 and 98.245 (7) shall be credited to this appropriation.