LRBa1595/2
MES&EVM:jld:rs
2009 - 2010 LEGISLATURE
SENATE AMENDMENT 2,
TO 2009 SENATE BILL 399
February 23, 2010 - Offered by Senator Kreitlow.
SB399-SA2,1,4
3"(ge) "Public official" means an individual who holds, or has held, a local public
4office, as that term is defined in s. 19.42 (7w), for a political subdivision in this state.".
SB399-SA2,1,7
52. Page 6, line 11: after "66.0303 (2)" insert ", except that upon its creation all
6of the initial members of a commission shall be political subdivisions that are located
7in this state".
SB399-SA2,1,10
83. Page 6, line 16: after "agreement." insert "A majority of the board members
9shall be public officials or current or former employees of a political subdivision that
10is located in this state.".
SB399-SA2,2,3
1"(d) No commission may be created under this section unless its agreement is
2submitted to the attorney general, under sub. (2), before the first day of the 5th
3month beginning after the effective date of this paragraph .... [LRB inserts date].".
SB399-SA2,2,6
5"(e) The commission shall send notification to the department of revenue, on
6a form prescribed by the department, whenever a bond is issued under this section.".
SB399-SA2,2,10
8"(e) The commission shall disclose to any person who purchases a bond issued
9under this section that the interest received on such a bond is exempt from taxation,
10as provided in ss. 71.05 (1) (c) 10., 71.26 (1m) (k), 71.36 (1m), and 71.45 (1t) (k).".
SB399-SA2,2,15
128. Page 13, line 11: after "project." insert "A commission may not authorize
13bonds to finance a capital improvement project in this state unless all of the political
14subdivisions within whose boundaries the project is to be located has approved the
15financing of the project.".
SB399-SA2,2,19
17"(e) 1. Before issuing bonds on any project, as that term is used in s. 231.01 (7),
18in this state, a commission must receive written approval from the Wisconsin Health
19and Educational Facilities Authority.
SB399-SA2,2,2320
2. Before issuing bonds on any economic development project, as that term is
21used in s. 234.01 (4n), in this state, or on any housing project, as defined in s. 234.01
22(7), in this state, a commission must receive written approval from the Wisconsin
23Housing and Economic Development Authority.".
SB399-SA2,3,6
4"a. The bonds or notes could have been issued by the Wisconsin Housing and
5Economic Development Authority and are used to fund multifamily affordable
6housing projects or elderly housing projects.
SB399-SA2,3,107
b. The bonds or notes could have been issued by the Wisconsin Health and
8Educational Facilities Authority and the proceeds from the bonds or notes that are
9issued are used by a health facility, as defined in s. 231.01 (5), to fund the acquisition
10of information technology hardware or software.
SB399-SA2,3,1211
c. The bonds or notes could have been issued under s. 66.1201, 66.1333, or
1266.1335.".
SB399-SA2,3,18
16"1. The bonds or notes could have been issued by the Wisconsin Housing and
17Economic Development Authority and are used to fund multifamily affordable
18housing projects or elderly housing projects.
SB399-SA2,3,2219
2. The bonds or notes could have been issued by the Wisconsin Health and
20Educational Facilities Authority and the proceeds from the bonds or notes that are
21issued are used by a health facility, as defined in s. 231.01 (5), to fund the acquisition
22of information technology hardware or software.
SB399-SA2,3,2423
3. The bonds or notes could have been issued under s. 66.1201, 66.1333, or
2466.1335.".
SB399-SA2,4,7
114. Page 14, line 19: after "
commission" insert "
if the obligations could have
2been issued by the Wisconsin Housing and Economic Development Authority and are
3used to fund multifamily affordable housing projects or elderly housing projects, or
4by the Wisconsin Health and Educational Facilities Authority and the proceeds from
5the bonds or notes that are issued are used by a health facility, as defined in s. 231.01
6(5), to fund the acquisition of information technology hardware or software or could
7have been issued under s. 66.1201, 66.1333, or 66.1335".
SB399-SA2,4,13
11"1. The bonds or notes could have been issued by the Wisconsin Housing and
12Economic Development Authority and are used to fund multifamily affordable
13housing projects or elderly housing projects.
SB399-SA2,4,1714
2. The bonds or notes could have been issued by the Wisconsin Health and
15Educational Facilities Authority and the proceeds from the bonds or notes that are
16issued are used by a health facility, as defined in s. 231.01 (5), to fund the acquisition
17of information technology hardware or software.
SB399-SA2,4,1918
3. The bonds or notes could have been issued under s. 66.1201, 66.1333, or
1966.1335.".