SB510: Bill Text

SB510, s. 36 Section 36. 231.02 (6) (b) of the statutes is amended to read:

SB510,32,2 231.02 (6) (b) Notwithstanding any other provision of law, it is not a conflict of interest or violation of this section or of any other law for a trustee, director, officer, or employee of a participating health institution, participating educational institution, participating research institution, or participating child care provider or for a person having the required favorable reputation for skill, knowledge, and experience in state and municipal finance or for a person having the required favorable reputation for skill, knowledge, and experience in the field of health facility, educational facility, research facility, or child care center architecture to serve as a member of the authority; if in each case to which par. (a) is applicable, the trustee, director, officer, or employee of the participating health institution, participating educational institution, participating research institution, or participating child care provider abstains from discussion, deliberation, action, and vote by the authority in specific respect to any undertaking pursuant to this chapter in which his or her participating health institution, participating educational institution, participating research institution, or participating child care provider has an interest, or the person having the required favorable reputation for skill, knowledge, and experience in state and municipal finance abstains from discussion, deliberation, action, and vote by the authority in specific respect to any sale, purchase, or ownership of bonds of the authority in which any business of which such person is a participant, owner, officer, or employee has a past, current, or future interest, or such person having the required favorable reputation for skill, knowledge, and experience in the field of health facility, educational facility, research facility, or child care center architecture abstains from discussion, deliberation, action, and vote by the authority in specific respect to construction or acquisition of any project of the authority in which any business of which such person is a participant, owner, officer, or employee has a past, current, or future interest.

SB510, s. 37 Section 37. 231.03 (5) of the statutes is amended to read:

SB510,32,19 231.03 (5) Determine the location and character of any project to be financed under this chapter, and construct, reconstruct, remodel, maintain, enlarge, alter, add to, repair, lease as lessee or lessor and regulate the same, enter into contracts for any such purpose, enter into contracts for the management and operation of a project or other health facilities, educational facilities, research facilities, or child care centers owned by the authority, and designate a participating health institution, participating educational institution, participating research institution, or participating child care provider as its agent to determine the location and character of a project undertaken by the participating health institution, participating educational institution, participating research institution, or participating child care provider under this chapter and as the agent of the authority, to construct, reconstruct, remodel, maintain, manage, enlarge, alter, add to, repair, operate, lease as lessee or lessor and regulate the same, and as the agent of the authority, to enter into contracts for any such purpose, including contracts for the management and operation of such project or other health facilities, educational facilities, research facilities, or child care centers owned by the authority.

SB510, s. 38 Section 38. 231.03 (6) (h) of the statutes is created to read:

SB510,32,22 231.03 (6) (h) Finance any project undertaken for a research facility by a participating research institution.

SB510, s. 39 Section 39. 231.03 (6) (i) of the statutes is created to read:

SB510,32,25 231.03 (6) (i) Refinance outstanding debt of any participating research institution.

SB510, s. 40 Section 40. 231.03 (7) of the statutes is amended to read:

SB510,33,8 231.03 (7) Fix and revise from time to time and charge and collect rates, rents, fees, and charges for the use of and for the services furnished or to be furnished by a project or other health facilities, educational facilities, research facilities, or child care centers owned by the authority or any portion thereof, contract with any person in respect thereto and coordinate its policies and procedures, and cooperate with recognized health facility, educational facility, research facility, or child care center rate setting mechanisms.

SB510, s. 41 Section 41. 231.03 (8) of the statutes is amended to read:

SB510,33,23 231.03 (8) Adopt rules for the use of a project or other health facility, educational facility, research facility, or child care center or any portion of the project or facility owned, financed, or refinanced in whole or in part by the authority, including any property used as security for a loan secured through, from, or with the assistance of the authority. The authority may designate a participating health institution, participating educational institution, participating research institution, or participating child care provider as its agent to establish rules for the use of a project or other health facilities, educational facilities, research facilities, or child care centers undertaken for that participating health institution, participating educational institution, participating research institution, or participating child care provider. The rules shall ensure that a project, health facility, educational facility, research facility, child care center, or property may not be used primarily for sectarian instruction or study or as a place for devotional activities or religious worship.

SB510, s. 42 Section 42. 231.03 (11) of the statutes is amended to read:

SB510,34,12 231.03 (11) Establish or contract with others to carry out on its behalf a health facility, educational facility, research facility, or child care center project cost estimating service, and make this service available on all projects to provide expert cost estimates and guidance to the participating health institution, participating educational institution, participating research institution, or participating child care provider and to the authority. To implement this service and, through it, to contribute to cost containment, the authority may require such reasonable reports and documents from health facility, educational facility, research facility, or child care center projects as are required for this service and for the development of cost reports and guidelines. The authority shall appoint a technical committee on health facility, educational facility, research facility, or child care center project costs and cost containment.

SB510, s. 43 Section 43. 231.03 (13) of the statutes is amended to read:

SB510,35,2 231.03 (13) Make loans to any participating health institution, participating educational institution, participating research institution, or, before May 1, 2000, participating child care provider for the cost of a project in accordance with an agreement between the authority and the participating health institution, participating educational institution, participating research institution, or participating child care provider. The authority may secure the loan by a mortgage or other security arrangement on the health facility, educational facility, research facility, or child care center granted by the participating health institution, participating educational institution, participating research institution, or participating child care provider to the authority. The loan may not exceed the total cost of the project as determined by the participating health institution, participating educational institution, participating research institution, or participating child care provider and approved by the authority.

SB510, s. 44 Section 44. 231.03 (14) of the statutes is amended to read:

SB510,35,12 231.03 (14) Make loans to a health facility, educational facility, research facility, or, before May 1, 2000, child care center for which bonds may be issued under sub. (6) (b) or (d) or under s. 231.03 (6) (f), 1999 stats., to refinance the health facility's, educational facility's, research facility's, or child care center's outstanding debt. The authority may secure the loan or bond by a mortgage or other security arrangement on the health facility, educational facility, research facility, or child care center granted by the participating health institution, participating educational institution, participating research institution, or participating child care provider to the authority.

SB510, s. 45 Section 45. 231.03 (15) of the statutes is amended to read:

SB510,35,21 231.03 (15) Mortgage all or any portion of a project and other health facilities, educational facilities, research facilities, or child care centers and the site thereof, whether owned or thereafter acquired, for the benefit of the holders of bonds issued to finance the project, health facilities, educational facilities, research facilities, or child care centers or any portion thereof or issued to refund or refinance outstanding indebtedness of participating health institutions, educational institutions, participating research institutions, or child care providers as permitted by this chapter.

SB510, s. 46 Section 46. 231.03 (16) of the statutes is amended to read:

SB510,36,15 231.03 (16) Lease to a participating health institution, participating educational institution, participating research institution, or participating child care provider the project being financed or other health facilities, educational facilities, research facilities, or child care centers conveyed to the authority in connection with such financing, upon such terms and conditions as the authority deems proper, and charge and collect rents therefor, and terminate any such lease upon the failure of the lessee to comply with any of the obligations thereof; and include in any such lease, if desired, provisions that the lessee thereof shall have options to renew the term of the lease for such periods and at such rent as the authority determines or to purchase all or any part of the health facilities, educational facilities, research facilities, or child care centers or that, upon payment of all of the indebtedness incurred by the authority for the financing of such project or health facilities, educational facilities, research facilities, or child care centers or for refunding outstanding indebtedness of a participating health institution, participating educational institution, participating research institution, or participating child care provider, the authority may convey all or any part of the project or such other health facilities, educational facilities, research facilities, or child care centers to the lessees thereof with or without consideration.

SB510, s. 47 Section 47. 231.03 (17) of the statutes is amended to read:

SB510,36,20 231.03 (17) Charge to and apportion among participating health institutions, participating educational institutions, participating research institutions, and participating child care providers its administrative costs and expenses incurred in the exercise of the powers and duties conferred by this chapter.

SB510, s. 48 Section 48. 231.03 (18) of the statutes is amended to read:

SB510,37,2 231.03 (18) Make studies of needed health facilities, educational facilities, research facilities, and child care centers that could not sustain a loan were it made under this chapter and recommend remedial action to the legislature; and do the same with regard to any laws or rules that prevent health facilities, educational facilities, research facilities, and child care centers from benefiting from this chapter.

SB510, s. 49 Section 49. 231.03 (19) of the statutes is amended to read:

SB510,37,14 231.03 (19) Obtain, or aid in obtaining, from any department or agency of the United States or of this state or any private company, any insurance or guaranty concerning the payment or repayment of, interest or principal, or both, or any part thereof, on any loan, lease, or obligation or any instrument evidencing or securing the same, made or entered into under the provisions of this chapter; and notwithstanding any other provisions of this chapter, to enter into any agreement, contract, or any other instrument with respect to that insurance or guaranty, to accept payment in the manner and form provided therein in the event of default by a participating health institution, participating educational institution, participating research institution, or participating child care provider, and to assign the insurance or guaranty as security for the authority's bonds.

SB510, s. 50 Section 50. 231.04 of the statutes is amended to read:

SB510,38,3 231.04 Expenses. All expenses of the authority incurred in carrying out this chapter shall be payable solely from funds provided under the authority of this chapter, and no liability may be incurred by the authority beyond the extent to which moneys have been provided under this chapter except that, for the purposes of meeting the necessary expenses of initial organization and operation of the authority for the period commencing on June 19, 1974 and continuing until such date as the authority derives moneys from funds provided to it under the authority of this chapter, the authority may borrow such moneys as it requires to supplement the funds provided under s. 20.440. Such moneys borrowed by the authority shall subsequently be charged to and apportioned among participating health institutions, participating educational institutions, participating research institutions, and participating child care providers in an equitable manner, and repaid with appropriate interest over a reasonable period of time.

SB510, s. 51 Section 51. 231.05 (1) of the statutes is amended to read:

SB510,38,11 231.05 (1) By means of this chapter, it is the intent of the legislature to provide assistance and alternative methods of financing to nonprofit health institutions to aid them in providing needed health services consistent with the state's health plan, to nonprofit educational institutions to aid them in providing needed educational services, to nonprofit research institutions to aid them in providing needed research facilities, and to nonprofit child care providers to aid them in providing needed child care services.

SB510, s. 52 Section 52. 231.06 of the statutes is amended to read:

SB510,38,23 231.06 Property acquisition. The authority may acquire, directly or by and through a participating health institution, participating educational institution, participating research institution, or participating child care provider as its agent, by purchase or by gift or devise, such lands, structures, property, rights, rights-of-way, franchises, easements, and other interests in lands, including lands lying under water and riparian rights, which are located within this state as it deems necessary or convenient for the construction or operation of a project, upon such terms and at such prices as it considers reasonable and can be agreed upon between it and the owner thereof, and take title thereto in the name of the authority or in the name of a health facility, educational facility, research facility, or child care center as its agent.

SB510, s. 53 Section 53. 231.07 (1) (b) of the statutes is amended to read:

SB510,39,6 231.07 (1) (b) Convey to the participating health institution, participating educational institution, participating research institution, or participating child care provider the authority's interest in the project and in any other health facility, educational facility, research facility, or child care center leased, mortgaged, or subject to a deed of trust or any other form of security arrangement to secure the bond.

SB510, s. 54 Section 54. 231.07 (2) (a) of the statutes is amended to read:

SB510,39,14 231.07 (2) (a) The principal of and interest on any bond issued by the authority to finance a project or to refinance or refund outstanding indebtedness of one or more participating health institutions, participating educational institutions, participating research institutions, or participating child care providers, including any refunding bonds issued to refund and refinance the bond, have been fully paid and the bonds retired or if the adequate provision has been made to pay fully and retire the bond; and

SB510, s. 55 Section 55. 231.08 (5) of the statutes is amended to read:

SB510,39,22 231.08 (5) In addition to the other authorizations under this section, bonds of the authority may be secured by a pooling of leases whereby the authority may assign its rights, as lessor, and pledge rents under 2 or more leases of health facilities, educational facilities, research facilities, or child care centers with 2 or more health institutions, educational institutions, research institutions, or child care providers, as lessees respectively, upon such terms as may be provided for in bond resolutions of the authority.

SB510, s. 56 Section 56. 231.10 (1) of the statutes is amended to read:

SB510,40,7 231.10 (1) The state is not liable on notes or bonds of the authority and the notes and bonds are not a debt of the state. All notes and bonds of the authority shall contain on the face thereof a statement to this effect. The issuance of bonds under this chapter shall not, directly or indirectly or contingently, obligate the state or any political subdivision thereof to levy any form of taxation therefor or to make any appropriation for their payment. Nothing in this section prevents the authority from pledging its full faith and credit or the full faith and credit of a health institution, educational institution, research institution, or child care provider to the payment of bonds authorized under this chapter.

SB510, s. 57 Section 57. 231.12 of the statutes is amended to read:

SB510,40,25 231.12 Studies and recommendations. It is the intent and purpose of this chapter that the exercise by the authority of the powers granted to it shall be in all respects for the benefit of the people of this state to assist them to provide needed health facilities, educational facilities, research facilities, and child care centers of the number, size, type, distribution, and operation that will assure admission and health care, education, research opportunities, or child care of high quality to all who need it. The authority shall identify and study all projects which are determined by health planning agencies to be needed, but which could not sustain a loan were such to be made to it under this chapter. The authority shall formulate and recommend to the legislature such amendments to this and other laws, and such other specific measures as grants, loan guarantees, interest subsidies, or other actions the state may provide which would render the construction and operation of needed health facilities, educational facilities, research facilities, and child care centers feasible and in the public interest. The authority also shall identify and study any laws or rules which it finds handicaps or bars a needed health facility, educational facility, research facility, or child care center from participating in the benefits of this chapter, and recommend to the legislature such actions as will remedy such situation.

SB510, s. 58 Section 58. 231.13 (1) (intro.) of the statutes is amended to read:

SB510,41,8 231.13 (1) (intro.) The authority shall collect rents for the use of, or other revenues relating to the financing of, each project. The authority shall contract with a participating health institution, participating educational institution, participating research institution, or participating child care provider for each issuance of bonds. The contract shall provide that the rents or other revenues payable by the health facility, educational facility, research facility, or child care center shall be sufficient at all times to:

SB510, s. 59 Section 59. 231.13 (2) of the statutes is amended to read:

SB510,41,25 231.13 (2) The authority shall pledge the revenues derived and to be derived from a project and other related health facilities, educational facilities, research facilities, or child care centers for the purposes specified in sub. (1), and additional bonds may be issued which may rank on a parity with other bonds relating to the project to the extent and on the terms and conditions provided in the bond resolution. Such pledge shall be valid and binding from the time when the pledge is made, the revenues so pledged by the authority shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the authority, irrespective of whether such parties have notice thereof. Neither the bond resolution nor any financing statement, continuation statement, or other instrument by which a pledge is created or by which the authority's interest in revenues is assigned need be filed or recorded in any public records in order to perfect the lien thereof as against 3rd parties, except that a copy thereof shall be filed in the records of the authority and with the department of financial institutions.

SB510, s. 60 Section 60. 231.16 (1) of the statutes is amended to read:

SB510,42,15 231.16 (1) The authority may issue bonds to refund any outstanding bond of the authority or indebtedness that a participating health institution, participating educational institution, participating research institution, or participating child care provider may have incurred for the construction or acquisition of a project prior to or after April 30, 1980, including the payment of any redemption premium on the outstanding bond or indebtedness and any interest accrued or to accrue to the earliest or any subsequent date of redemption, purchase, or maturity, or to pay all or any part of the cost of constructing and acquiring additions, improvements, extensions, or enlargements of a project or any portion of a project. Except for bonds to refund bonds issued under s. 231.03 (6) (g), no bonds may be issued under this section unless the authority has first entered into a new or amended agreement with a participating health institution, participating educational institution, participating research institution, or participating child care provider to provide sufficient revenues to pay the costs and other items described in s. 231.13.

SB510, s. 61 Section 61. 231.20 of the statutes is amended to read:

SB510,43,2 231.20 Waiver of construction and bidding requirements. In exercising its powers under s. 101.12, the department of commerce or any city, village, town, or county may, within its discretion for proper cause shown, waive any particular requirements relating to public buildings, structures, grounds, works , and improvements imposed by law upon projects under this chapter; the requirements of s. 101.13 may not be waived, however. If, however, the prospective lessee so requests in writing, the authority shall, through the participating health institution, participating educational institution, participating research institution, or participating child care provider as its agent, call for construction bids in such manner as is determined by the authority with the approval of the lessee.

SB510, s. 62 Section 62. 231.23 of the statutes is amended to read:

SB510,43,11 231.23 Nonprofit institutions. It is intended that all nonprofit health and institutions, educational institutions, research institutions, and child care providers in this state be enabled to benefit from and participate in this chapter. To this end, all nonprofit health and institutions, educational institutions, research institutions, and child care providers operating, or authorized to be operated, under any law of this state may undertake projects and utilize the capital financing sources and methods of repayment provided by this chapter, the provisions of any other laws to the contrary notwithstanding.

SB510, s. 63 Section 63. 560.126 (1) (intro.) of the statutes, as created by 2007 Wisconsin Act 20, is amended to read:

SB510,43,16 560.126 (1) (intro.) The department may award a grant or make a loan from the appropriations under s. 20.143 (1) (cr), (ie) or, and (tm) to a business or researcher to fund any of the following projects:

SB510, s. 64 Section 64. 560.126 (1) (intro.) of the statutes, as affected by 2007 Wisconsin Act .... (this act), is repealed and recreated to read:

SB510,43,21 560.126 (1) (intro.) The department may award a grant or make a loan from the appropriations under s. 20.143 (1) (ie) and (tm) to a business or researcher to fund any of the following projects:

SB510, s. 65 Section 65. 560.7995 (3) (b) of the statutes is amended to read:

SB510,44,6 560.7995 (3) (b) When the department designates an area as an airport development zone, the department shall establish a limit, not to exceed $3,000,000, for tax benefits applicable to the airport development zone. The total tax benefits applicable to all airport development zones may not exceed $9,000,000, less any amount allocated to technology zones under s. 560.96 (2) (b) and except that the total amount allocated to all technology zones under s. 560.96 (2) (b) may not exceed $6,000,000. The department may, after 48 months from the month of any designation under this section, evaluate the area designated as an airport development zone and reallocate the amount of available tax benefits.

SB510, s. 66 Section 66. 560.96 (2) (b) of the statutes is amended to read:

SB510,44,17 560.96 (2) (b) The designation of an area as a technology zone shall be in effect for 10 years from the time that the department first designates the area. However, not Not more than $5,000,000 in tax credits may be claimed in a technology zone, except that the department may allocate the amount of unallocated airport development zone tax credits, as provided under s. 560.7995 (3) (b), to technology zones for which the $5,000,000 maximum allocation is insufficient. The department may change the boundaries of a technology zone during the time that its designation is in effect. A change in the boundaries of a technology zone does not affect the duration of the designation of the area or the maximum tax credit amount that may be claimed in the technology zone.

SB510, s. 67 Section 67. 611.11 (4) (a) of the statutes is amended to read:

SB510,44,20 611.11 (4) (a) In this subsection, "municipality" has the meaning given in s. 345.05 (1) (c), but also includes the regional transit authority under s. 59.58 (6).

SB510, s. 68 Section 68. 2007 Wisconsin Act 20, section 9201 (1c) (a) is amended to read:

SB510,45,5 [2007 Wisconsin Act 20] Section 9201 (1c) (a) Notwithstanding sections 20.001 (3) (a) to (c) and 25.40 (3) of the statutes, but subject to paragraph (d), the secretary of administration shall lapse to the general fund or transfer to the general fund from the unencumbered balances of appropriations to executive branch state agencies, other than sum sufficient appropriations and appropriations of federal revenues, an amount equal to $200,000,000 $175,000,000 during the 2007-09 fiscal biennium and $200,000,000 $150,000,000 during the 2009-11 fiscal biennium. This paragraph shall not apply to appropriations to the Board of Regents of the University of Wisconsin System and to the technical college system board.

SB510, s. 69 Section 69. Nonstatutory provisions.

SB510,45,7 (1) Department of transportation appropriation lapses under act 20.

SB510,45,10 (a) Notwithstanding section 9201 (1c) of 2007 Wisconsin Act 20, as affected by this act, the secretary of administration may not, under section 9201 (1c) (a) of 2007 Wisconsin Act 20, as affected by this act, do any of the following:

SB510,45,12 1. Lapse or transfer more than a total of $25,000,000 in fiscal year 2007-08 from the appropriations made to the department of transportation.

SB510,45,15 2. Lapse or transfer any amount in fiscal year 2007-08 from any appropriation made to the department of transportation other than the appropriation account under section 20.395 (3) (bq) of the statutes.

SB510,45,17 3. Lapse or transfer any amount in fiscal year 2008-09, 2009-10, or 2010-11 from any appropriation made to the department of transportation.

SB510,45,22 (b) If the secretary of administration has, prior to the effective date of this subsection, lapsed or transferred moneys under section 9201 (1c) (a) of 2007 Wisconsin Act 20 in a manner that would have been inconsistent with paragraph (a) 1. or 2 . if the lapse or transfer occurred after the effective date of this subsection, the secretary of administration shall do all of the following:

SB510,46,3 1. If the lapse or transfer would have been inconsistent with paragraph (a ) 1., the secretary of administration shall transfer, from the general fund to the fund or appropriation account from which the lapse or transfer was made except with respect to the appropriation account under under section 20.395 (3) (bq) of the statutes, pro rata amounts as determined by the secretary totalling the amount by which the lapse or transfer exceeded $25,000,000.

SB510,46,8 2. If the lapse or transfer would have been inconsistent with paragraph (a ) 2., the secretary of administration shall transfer, from the general fund to the fund or appropriation account from which the lapse or transfer was made, any amount lapsed or transferred other than an amount lapsed or transferred from the appropriation account under section 20.395 (3) (bq) of the statutes.

SB510,46,15 (2) Estimates for a certain department of transportation segregated fund revenues-service appropriation. The secretary of administration and department of transportation shall estimate additional revenues of $50,000,000 in fiscal year 2007-08, and decreased revenues of $50,000,000 in fiscal year 2008-09, for the appropriation account under section 20.395 (3) (br) of the statutes, which additional or decreased revenues are not reflected in the schedule under section 20.005 (3) of the statutes, as created by 2007 Wisconsin Act 20.

SB510,47,2 (3) Department of transportation requests for 2009-11 biennial budget bill. Notwithstanding section 16.42 (1) (e) of the statutes, in submitting information under section 16.42 of the statutes for purposes of the 2009-11 biennial budget bill, the department of transportation shall submit a dollar amount for the appropriation under section 20.395 (3) (bq) of the statutes that is $50,000,000 less than the total amount appropriated under section 20.395 (3) (bq) of the statutes for the 2008-09 fiscal year, before submitting any information relating to any increase or decrease in the dollar amount for that appropriation for the 2009-11 fiscal biennium. In addition, the department of transportation's submission of information under section 16.42 of the statutes for purposes of the 2009-11 biennial budget bill shall not reflect the modified estimates required under subsection (2) related to the appropriation account under section 20.395 (3) (br) of the statutes.

SB510, s. 70 Section 70. Fiscal changes.

SB510,47,8 (1) Training in advanced manufacturing skills. In the schedule under section 20.005 (3) of the statutes for the appropriation to the technical college system board under section 20.292 (1) (dc) of the statutes, as affected by the acts of 2007, the dollar amount is increased by $5,000,000 for fiscal year 2008-09 to increase funding for grants to technical college districts under section 38.27 (1) (b) 1. of the statutes.

SB510,47,14 (2) Appropriation changes for major highway projects. In the schedule under section 20.005 (3) of the statutes for the appropriation to the department of transportation under section 20.395 (3) (bq) of the statutes, as affected by the acts of 2007, the dollar amount is decreased by $20,000,000 for fiscal year 2007-08 and the dollar amount is increased by $55,000,000 for fiscal year 2008-09 to increase funding for major development of state trunk and connecting highways.

SB510,47,22 (3) Appropriation changes for state highway rehabilitation. In the schedule under section 20.005 (3) of the statutes for the appropriation to the department of transportation under section 20.395 (3) (cq) of the statutes, as affected by the acts of 2007, the dollar amount is increased by $20,000,000 for fiscal year 2007-08 and the dollar amount is increased by $20,000,000 for fiscal year 2008-09 to increase funding for improvement of existing state trunk and connecting highways and construction and rehabilitation of the national system of interstate and defense highways and bridges and related appurtenances.

SB510,47,25 (4) General fund transfer to transportation fund. The secretary of administration shall transfer $75,000,000 from the general fund to the transportation fund in fiscal year 2008-09.

SB510,48,5 (5) Wisconsin higher education grant program; technical college students. In the schedule under section 20.005 (3) of the statutes for the appropriation to the higher educational aids board under section 20.235 (1) (ff) of the statutes, as affected by the acts of 2007, the dollar amount is increased by $1,300,000 for fiscal year 2008-09 to increase funding for the purpose for which the appropriation is made.

SB510, s. 71 Section 71. Initial applicability.

SB510,48,8 (1) Combined reporting. The treatment of sections 71.22 (9), 71.255, and 71.26 (3) (x) of the statutes first applies to taxable years beginning on January 1, 2008.

SB510, s. 72 Section 72. Effective dates. This act takes effect on the day after publication, except as follows:

SB510,48,13 (1) Renewable energy. The repeal of section 20.143 (1) (cr) of the statutes and the repeal and recreation of section 560.126 (1) (intro.) of the statutes take effect on July 1, 2009.

SB510,48,15 (2) Eligibility for child care subsidies. The treatment of section 49.155 (1m) (c) 1. (intro.), 1c., 1g., 1h., 1m., 2., and 3. of the statutes takes effect on July 1, 2008.

SB510,48,16 (End)