32,871
Section
871. 25.17 (70) (d) of the statutes is amended to read:
25.17 (70) (d) Comments solicited from the secretary of commerce chief executive officer of the Wisconsin Economic Development Corporation and received by the board on or before November 30 of the year of submittal.
32,871m
Section 871m. 25.184 of the statutes is created to read:
25.184 Confidentiality of venture capital investment information. Information relating to investments made or considered by the board in securities of entities that are in the venture capital stage are not subject to public inspection, copying, or disclosure under s. 19.35 unless the information has been publicly released by another person.
32,872
Section
872. 25.185 (1) (a) of the statutes is amended to read:
25.185 (1) (a) "Disabled veteran-owned financial adviser" means a financial adviser certified by the department of commerce administration under s. 560.0335 16.283 (3).
32,873
Section
873. 25.185 (1) (b) of the statutes is amended to read:
25.185 (1) (b) "Disabled veteran-owned investment firm" means an investment firm certified by the department of commerce administration under s. 560.0335 16.283 (3).
32,874
Section
874. 25.185 (1) (c) of the statutes is amended to read:
25.185 (1) (c) "Minority financial adviser" means a financial adviser certified by the department of commerce administration under s. 560.036 16.287 (2).
32,875
Section
875. 25.185 (1) (d) of the statutes is amended to read:
25.185 (1) (d) "Minority investment firm" means an investment firm certified by the department of commerce administration under s. 560.036
16.287 (2).
32,875e
Section 875e. 25.187 (2) (a) of the statutes is amended to read:
25.187 (2) (a) Subject to par. (c), on
On September 1 of each year, the investment board shall assess each fund for which the board has management responsibility for its share of the board's operating expenditures for the current fiscal year in an equitable manner. The board shall pay the assessment from the current income of each fund, unless an appropriation is made for payment of the assessment, in which case the assessment shall be paid from that appropriation account.
32,875m
Section 875m. 25.187 (2) (b) of the statutes is created to read:
25.187 (2) (b) The investment board may establish the operating budget for operating expenditures and monitor the fiscal management of this operating budget.
32,875s
Section 875s. 25.187 (2) (c) of the statutes is repealed.
32,877
Section
877. 25.36 (1) of the statutes is amended to read:
25.36 (1) Except as provided in sub. (2), all moneys appropriated or transferred by law shall constitute the veterans trust fund which shall be used for the lending of money to the mortgage loan repayment fund under s. 45.37 (5) (a) 12. and for the veterans programs under ss. 20.485 (2) (m), (mn), (tm), (u), (v), (vo), (vy), (w), and (z), and (zm), and (5) (mn), (v), (vo), and (zm), 45.03 (19), 45.07, 45.20, 45.21, 45.40 (1m), 45.41, 45.42, 45.43, and 45.82 and administered by the department of veterans affairs, including all moneys received from the federal government for the benefit of veterans or their dependents; all moneys paid as interest on and repayment of loans under the post-war rehabilitation fund; soldiers rehabilitation fund, veterans housing funds as they existed prior to July 1, 1961; all moneys paid as interest on and repayment of loans under this fund; all moneys paid as expenses for, interest on, and repayment of veterans trust fund stabilization loans under s. 45.356, 1995 stats.; all moneys paid as expenses for, interest on, and repayment of veterans personal loans; the net proceeds from the sale of mortgaged properties related to veterans personal loans; all mortgages issued with the proceeds of the 1981 veterans home loan revenue bond issuance purchased with moneys in the veterans trust fund; all moneys received from the state investment board under s. 45.42 (8) (b); all moneys received from the veterans mortgage loan repayment fund under s. 45.37 (7) (a) and (c); and all gifts of money received by the board of veterans affairs for the purposes of this fund.
32,878
Section
878. 25.40 (1) (a) 3. of the statutes is amended to read:
25.40 (1) (a) 3. Revenues collected under ss. 341.09 (2) (d), (2m) (a) 1., (4), and (7), 341.14 (2), (2m), (6) (d), (6m) (a), (6r) (b) 2., (6w), and (8), 341.145 (3), 341.16 (1) (a) and (b), (2), (2e), and (2m), 341.17 (8), 341.19 (1) (a), 341.25, 341.255 (1), (2) (a), (b), and (c), and (5), 341.26 (1), (2), (2m) (am) and (b), (3), (3m), (4), (5), and (7), 341.264 (1), 341.265 (1), 341.266 (2) (b) and (3), 341.268 (2) (b) and (3), 341.269 (2) (b), 341.30 (3), 341.305 (3), 341.307 (4) (a), 341.308 (3), 341.36 (1) and (1m), 341.51 (2), and 342.14, except s. 342.14 (1r), that are pledged to any fund created under s. 84.59 (2).
32,879m
Section 879m. 25.40 (1) (a) 4. of the statutes is amended to read:
25.40 (1) (a) 4. Moneys received
paid to the Board of Regents of the University of Wisconsin System under s. 341.14 (6r) (b) 4. that are deposited in the general fund and credited to the appropriation under s. 20.285 (1) (jp).
32,880
Section
880. 25.40 (1) (a) 5m. of the statutes is repealed.
32,883m
Section 883m. 25.42 of the statutes is repealed.
32,884m
Section 884m. 25.421 of the statutes is repealed.
32,885e
Section 885e. 25.425 of the statutes is amended to read:
25.425 Election administration fund. There is established a separate nonlapsible trust fund, designated the election administration fund, consisting of all moneys received from the federal government under P.L.
107-252, all moneys received from requesters from sales of copies of the official registration list, and all moneys transferred to the fund from other funds.
32,886
Section
886. 25.46 (1k) of the statutes is repealed.
32,887b
Section 887b. 25.46 (6s) of the statutes is created to read:
25.46 (6s) The fees imposed under s. 289.645.
32,888
Section
888. 25.46 (19) of the statutes is repealed.
32,889
Section
889. 25.466 of the statutes is amended to read:
25.466 Working lands fund. There is created a separate trust fund designated as the working lands fund, consisting of all moneys received under ss. 91.48 (2) (c) and s. 91.66 (1) (c) and all moneys received due to the sale, modification, or termination of an easement purchased under s. 93.73.
32,890
Section
890. 25.47 (5) of the statutes is amended to read:
25.47 (5) The moneys transferred from the appropriation account under s. 20.143 (3) 20.165 (2) (s).
32,891
Section
891. 25.49 (intro.) of the statutes is amended to read:
25.49 Recycling and renewable energy Economic development fund. (intro.) There is established a separate nonlapsible trust fund designated as the recycling and renewable energy economic development fund, to consist of:
32,892
Section
892. 25.49 (1m) of the statutes is renumbered 25.46 (5k).
32,893
Section
893. 25.49 (2) of the statutes is renumbered 25.46 (5L).
32,894b
Section 894b. 25.49 (3) of the statutes is repealed.
32,896
Section
896. 25.50 (3) (a) of the statutes is amended to read:
25.50 (3) (a) With the consent of the governing body, a local official may transfer local funds to the state treasurer department of administration for deposit in the fund.
32,896d
Section 896d. 25.50 (3) (b) of the statutes is amended to read:
25.50 (3) (b) On the dates specified and to the extent to which they are available, subject to s. 16.53 (10), funds payable to local governments under ss. 79.03 79.035, 79.04, 79.05, 79.058, 79.06, 79.08, and 79.10 shall be considered local funds and, pursuant to the instructions of local officials, may be paid into the separate accounts of all local governments established in the local government pooled-investment fund and, pursuant to the instructions of local officials, to the extent to which they are available, be disbursed or invested.
32,898
Section
898. 25.50 (4) of the statutes is amended to read:
25.50 (4) Period of investments; withdrawal of funds. Subject to the right of the local government to specify the period in which its funds may be held in the fund, the state treasurer department of administration shall prescribe the mechanisms and procedures for deposits and withdrawals.
32,899
Section
899. 25.50 (5m) (a) of the statutes is amended to read:
25.50 (5m) (a) The board, in cooperation with the department of administration, shall provide information necessary for the state treasurer to provide a monthly report to each local government having an investment in the fund. The board shall use all reasonable efforts to provide the information to the state treasurer in time to allow the treasurer to mail or electronically transmit the report to the local government no later than 6 business days after the end of the month covered by the report. The report shall include information on the fund's earnings for the month, with comparison to appropriate indexes or benchmarks in the private sector.
32,900
Section
900. 25.50 (7) of the statutes is amended to read:
25.50 (7) Reimbursement of expenses. The state treasurer department of administration shall deduct monthly from the earnings of the fund during the preceding calendar month an amount sufficient to cover all actual and necessary expenses incurred by the state in administering the fund in the preceding calendar month, except that in no fiscal year may the state treasurer department of administration deduct an amount exceeding the amount appropriated under s. 20.585 20.505 (1) (g) (gc) for that fiscal year.
32,901
Section
901. 25.50 (8) (b) of the statutes is amended to read:
25.50 (8) (b) The state treasurer
department of administration shall report monthly to each local official the deposits and withdrawals of the preceding month and any other activity within the account.
32,902
Section
902. 25.50 (9) of the statutes is amended to read:
25.50 (9) Rules. The state treasurer department of administration may promulgate rules to carry out the purposes of this section.
32,903
Section
903. 25.50 (10) of the statutes is amended to read:
25.50 (10) Insurance of principal. The state treasurer department of administration may obtain insurance for the safety of the principal investments of the fund. The insurance is a reimbursable expense under sub. (7).
32,903m
Section 903m. 25.77 (8) of the statutes is amended to read:
25.77 (8) All moneys transferred from the appropriation under s. 20.285 (1) (iz) (gb).
32,904
Section
904. 25.80 of the statutes is amended to read:
25.80 Tuition trust fund. There is established a separate nonlapsible trust fund designated as the tuition trust fund, consisting of all revenue from enrollment fees and the sale of tuition units under s. 14.63 16.64.
32,905
Section
905. 25.85 of the statutes is amended to read:
25.85 College savings program trust fund. There is established a separate nonlapsible trust fund designated as the college savings program trust fund, consisting of all revenue from enrollment fees for and contributions to college savings accounts under s. 14.64
16.641 and from distributions and fees paid by the vendor under s. 16.255 (3) other than revenue from those sources that is deposited in the college savings program bank deposit trust fund or the college savings program credit union deposit trust fund.
32,906
Section
906. 25.853 of the statutes is amended to read:
25.853 College savings program bank deposit trust fund. There is established a separate nonlapsible trust fund designated as the college savings program bank deposit trust fund, consisting of all revenue from enrollment fees for and contributions to college savings accounts under s. 14.64 16.641 in which the investment instrument is an account held by a state or national bank, a state or federal savings bank, a state or federal savings and loan association, or a savings and trust company that has its main office or home office or a branch office in this state and that is insured by the Federal Deposit Insurance Corporation, and all revenue from distributions and fees paid by the vendors of those investment instruments under s. 16.255 (3).
32,907
Section
907. 25.855 of the statutes is amended to read:
25.855 College savings program credit union deposit trust fund. There is established a separate nonlapsible trust fund designated as the college savings program credit union deposit trust fund, consisting of all revenue from enrollment fees for and contributions to college savings accounts under s. 14.64 16.641 in which the investment instrument is an account held by a state or federal credit union, including a corporate central credit union organized under s. 186.32, that has its main office or home office or a branch office located in this state and that is insured by the National Credit Union Administration, and all revenue from distributions and fees paid by the vendors of those investment instruments under s. 16.255 (3).
32,908
Section
908. 26.02 (1) (intro.) of the statutes is amended to read:
26.02 (1) Duties. (intro.) The council on forestry shall advise the governor, the legislature, the department of natural resources, the department of commerce, and other state agencies, as determined to be appropriate by the council, on all of the following topics as they affect forests located in this state:
32,909
Section
909. 26.37 (1) (intro.) of the statutes is amended to read:
26.37 (1) (intro.) The department of natural resources and the department of commerce shall jointly develop a plan to establish a lake states wood utilization consortium to provide research, development, and demonstration grants to enhance the forest products industry in Wisconsin and other states. The plan shall do all of the following:
32,910
Section
910. 26.37 (1) (b) of the statutes is amended to read:
26.37 (1) (b) Establish an implementation committee for the consortium. Members of the committee may include one or more representatives from the department of natural resources, the department of commerce
Wisconsin Economic Development Corporation, and the forest products industry.
32,911
Section
911. 26.37 (2) of the statutes is amended to read:
26.37 (2) The department of natural resources may not expend moneys from the appropriations under s. 20.370 (5) (ax) or (6) (bt), 1997 stats., unless the department of natural resources and the department of commerce Wisconsin Economic Development Corporation first submit to the joint committee on finance the plan required under sub. (1). If the cochairpersons of the joint committee on finance do not notify the department of natural resources within 14 working days after the date of the departments' submittal of the plan that the committee has scheduled a meeting to review the plan, the plan may be implemented and moneys may be expended as proposed by the department of natural resources. If, within 14 days after the date of the departments' submittal of the plan, the cochairpersons of the committee notify the department of natural resources that the committee has scheduled a meeting to review the plan, moneys may be expended only after the plan has been approved by the committee.
32,911t
Section 911t. 26.39 (3) of the statutes is repealed.
32,913e
Section 913e. 28.05 (3) (am) of the statutes is created to read:
28.05 (3) (am) The department shall, by rule, establish a program that allows cooperating foresters and private contractors to assist the state in regenerating harvested areas of state lands to meet the annual allowable timber harvest established under s. 28.025. The rule shall include provisions authorizing the department to contract with cooperating foresters and private contractors to conduct activities that promote artificial and natural forest regeneration including site preparation, invasive species control, and tree planting. The rule shall authorize cooperating foresters and private contractors with whom the department contracts under this paragraph to receive a portion of the proceeds from the sale of timber harvested from state lands on which the cooperating forester or private contractor provided assistance under the contract.
32,913g
Section 913g. 28.05 (3) (b) of the statutes is renumbered 28.05 (3) (b) 1.
32,913i
Section 913i. 28.05 (3) (b) 2. of the statutes is created to read:
28.05 (3) (b) 2. Each cooperating forester or private contractor with whom the department contracts under par. (am) shall be entitled to receive the amount determined by the department as specified in the rule promulgated by the department under par. (am).
32,913k
Section 913k. 28.05 (3) (c) of the statutes is amended to read:
28.05 (3) (c) Of the amount received by the department from each timber sale for which the department used the services of a cooperating forester or a private contractor under this subsection, the department shall credit to the appropriation account under s. 20.370 (1) (cy) an amount equal to the portion of the sale proceeds that the department is required to pay to the cooperating forester or private contractor.
32,913r
Section 913r. 28.06 (2m) (a) of the statutes is renumbered 28.06 (2m) and amended to read:
28.06 (2m) A person who purchases a seedling under sub. (2) shall pay, in addition to the price of the seedling charged under sub. (2), a surcharge for each seedling purchased. Beginning on September 1, 2001, and ending on June 30, 2002, the surcharge shall be 2 cents for each seedling. Beginning on July 1, 2002, the surcharge shall be 3 cents for each seedling. All surcharges collected under this paragraph subsection shall be deposited in the conservation fund.
32,913t
Section 913t. 28.06 (2m) (b) of the statutes is repealed.
32,914m
Section 914m. 29.598 (2) of the statutes is amended to read:
29.598 (2) Match. No moneys may be transferred paid from the appropriation account under s. 20.370 (1) (mu) to pay for the costs associated with the agreement under sub. (1), unless the organization described in sub. (1) demonstrates that it has contributed an equal amount to pay for those costs. The matching contribution may be in the form of money or in-kind goods or services.
32,915
Section
915. 30.121 (3w) (b) of the statutes is amended to read:
