LRB-2406/1
TKK:wlj:rs
2007 - 2008 LEGISLATURE
August 7, 2007 - Introduced by Representatives Richards, Sinicki, Hahn, Berceau,
Townsend, Gunderson and Sheridan, cosponsored by Senator Plale.
Referred to Committee on Education.
AB478,1,2
1An Act to amend 118.27 and 119.18 (16) of the statutes;
relating to: gifts or
2grants made to a school district by a particular class.
Analysis by the Legislative Reference Bureau
Under current law, whenever a school board receives a gift or grant it must use
or invest the gift or grant as the donor or grantor specifies. In the absence of any
specific direction on the use of a gift or grant, the school board may determine the use.
This bill provides that if a school board receives a gift or grant from a class of
a particular school, with no specific direction on the use of the gift or grant, the school
board must use the gift or grant for the benefit of that school.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB478, s. 1
3Section
1. 118.27 of the statutes is amended to read:
AB478,2,11
4118.27 Gifts and grants. The school board of a district may receive, accept
, 5and use gifts or grants of furniture, books, equipment, supplies, moneys, securities
, 6or other property, real or personal, used or useful for school research and educational
7purposes. All moneys received as gifts or grants shall be placed in the school district
1treasury but shall be considered segregated trust funds. Whenever a school board
2receives gifts or grants under this section, it shall make such use thereof, or invest
3the same in the case of moneys, as the donor or grantor specifies.
In the absence of
4any Whenever a school board receives a gift or grant from a class of a particular
5school, with no specific direction as to the use of the gift or grant, the school board
6shall use the gift or grant for the benefit of that school. If a gift or grant is not a class
7gift or grant, and no specific direction as to the use of
such gifts or grants by a the
8gift or grant is provided by the donor or grantor, the school board may determine the
9use of or invest the same in accordance with the law applicable to trust investments.
10In the use, control
, or investment of such gifts or grants, the school board may
11exercise the rights and powers generally conferred upon trustees.
AB478, s. 2
12Section
2. 119.18 (16) of the statutes is amended to read:
AB478,2,2413
119.18
(16) Gifts and grants. The board may receive, accept
, and use gifts or
14grants of furniture, books, equipment, supplies, moneys, securities
, or other property
15used or useful for school and educational purposes. The board shall make such use
16of gifts or grants, or invest the same in the case of moneys, as the donor or grantor
17specifies.
In the absence of any If the board receives a gift or grant from a class of
18a particular school, with no specific direction as to the use of the gift or grant, the
19board shall use the gift or grant for the benefit of that school. If a gift or grant is not
20a class gift or grant and no specific direction as to the use of
such gifts or grants by
21a the gift or grant is provided by the donor or grantor, the board may determine the
22use of or may invest the same in accordance with the law applicable to trust
23investments. In the use, control
, or investment of such gifts or grants, the board may
24exercise the rights and powers generally conferred upon trustees.
AB478,3,2
1(1) This act first applies to a gift or grant received by a school board on the
2effective date of this subsection.
