Date of enactment: March 13, 2008
2007 Senate Bill 370 Date of publication*: March 27, 2008
* Section 991.11, Wisconsin Statutes 2005-06 : Effective date of acts. "Every act and every portion of an act enacted by the legislature over the governor's partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication as designated" by the secretary of state [the date of publication may not be more than 10 working days after the date of enactment].
An Act to amend 25.77 (3) and 50.14 (4) of the statutes; relating to: depositing all revenue from the assessment on licensed beds of nursing homes and intermediate care facilities for the mentally retarded into the Medical Assistance trust fund (suggested as remedial legislation by the Department of Health and Family Services).
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
95,1 Section 1 . 25.77 (3) of the statutes is amended to read:
25.77 (3) All moneys received under s. 50.14 (2) (2g) from assessments on licensed beds of facilities except $13,800,000 in each fiscal year.
95,2 Section 2. 50.14 (4) of the statutes is amended to read:
50.14 (4) Sections 77.59 (1) to (5m), (6) (intro.), (a) and (c) and (7) to (10), 77.60 (1) to (7), (9) and (10), 77.61 (9) and (12) to (14) and 77.62, as they apply to the taxes under subch. III of ch. 77, apply to the assessment under this section, except that the amount of any assessment collected under s. 77.59 (7) in excess of $13,800,000 45 percent in a fiscal year shall be deposited in the Medical Assistance trust fund.