AB40-ASA1,2000
21Section
2000. 230.08 (2) (e) 5. of the statutes is amended to read:
AB40-ASA1,1083,2222
230.08
(2) (e) 5. Health services —
9 10.
AB40-ASA1,2002
23Section
2002. 230.08 (2) (e) 11m. of the statutes is amended to read:
AB40-ASA1,1083,2424
230.08
(2) (e) 11m. Safety and professional services —
8 7.
AB40-ASA1,2004
25Section
2004. 230.08 (2) (fs) of the statutes is amended to read:
AB40-ASA1,1084,5
1230.08
(2) (fs) All deputies of department secretaries appointed under s. 15.04
2(2)
and executive assistants, assistant deputy secretaries to department secretaries
3appointed under s. 15.05 (3),
including those and executive assistants appointed by
4the attorney general, the adjutant general, the director of the technical college
5system
, and the state superintendent of public instruction.
AB40-ASA1,2005
6Section
2005. 230.08 (2) (m) of the statutes is repealed.
AB40-ASA1,2006m
7Section 2006m. 230.08 (2) (v) of the statutes is repealed.
AB40-ASA1,2007
8Section
2007. 230.08 (2) (w) of the statutes is repealed and recreated to read:
AB40-ASA1,1084,109
230.08
(2) (w) The executive director of the office of crime victim services in the
10department of justice.
AB40-ASA1,2008
11Section
2008. 230.08 (2) (xm) of the statutes is repealed.
AB40-ASA1,2008m
12Section 2008m. 230.08 (2) (ya) of the statutes is amended to read:
AB40-ASA1,1084,1613
230.08
(2) (ya) The director, deputy director, and executive assistant to the
14director of the office of state employment relations
, and an employee in the office of
15state employment relations who performs services relating to the coordination of
16state employee benefits.
AB40-ASA1,2009
17Section
2009. 230.08 (2) (yc) of the statutes is created to read:
AB40-ASA1,1084,1918
230.08
(2) (yc) The directors of regional offices of intergovernmental affairs in
19the department of administration.
AB40-ASA1,2009m
20Section 2009m. 230.08 (4) (b) 4. of the statutes is repealed.
AB40-ASA1,2010
21Section
2010. 230.08 (4) (d) of the statutes is amended to read:
AB40-ASA1,1084,2422
230.08
(4) (d) The division administrator appointed under sub. (2) (e) 4. shall
23be an attorney
and shall be appointed by the chairperson of the employment
24relations commission.
AB40-ASA1,2013m
25Section 2013m. 230.12 (10) of the statutes is amended to read:
AB40-ASA1,1085,7
1230.12
(10) Assistant Deputy and assistant district attorney pay progression
2plan. (a) There is established a pay progression plan for
deputy and assistant
3district attorneys. The pay progression plan shall consist of 17 hourly salary steps,
4with each step equal to one-seventeenth of the difference between the lowest hourly
5salary and the highest hourly salary for the salary range for
assistant district
6attorneys the position, as contained in the compensation plan. The pay progression
7plan shall be based entirely on merit.
AB40-ASA1,1085,168
(b) Beginning with the first pay period that occurs on or after July 1, 2013, all
9deputy and assistant district attorneys who have served with the state as
deputy or 10assistant district attorneys for a continuous period of 12 months or more, and who
11are not paid the maximum hourly rate, shall be paid an hourly salary at the step that
12is immediately above their hourly salary on June 30, 2013. All other
deputy and 13assistant district attorneys, who are not paid the maximum hourly rate, shall be paid
14an hourly salary at the step that is immediately above their hourly salary on June
1530, 2013, when they have served with the state as
deputy or assistant district
16attorneys for a continuous period of 12 months.
AB40-ASA1,1086,517
(c) Beginning with the first pay period that occurs on or after July 1, 2014, and
18with the first pay period that occurs on or after each succeeding July 1, all
deputy
19and assistant district attorneys who have served with the state as
deputy or 20assistant district attorneys for a continuous period of 12 months or more, and who
21are not paid the maximum hourly rate, may, at the discretion of their supervising
22district attorney, be paid an hourly salary at any step, or part thereof, above their
23hourly salary on the immediately preceding June 30. All other
deputy and assistant
24district attorneys, who are not paid the maximum hourly rate, may, at the discretion
25of their supervising district attorney, be paid an hourly salary at any step, or part
1thereof, above their hourly salary on the immediately preceding June 30, when they
2have served with the state as
deputy or assistant district attorneys for a continuous
3period of 12 months. No salary adjustment for
an
a deputy or an assistant district
4attorney under this paragraph may exceed 10 percent of his or her base pay during
5a fiscal year.
AB40-ASA1,2014
6Section
2014. 230.12 (11) of the statutes is created to read:
AB40-ASA1,1086,127
230.12
(11) Assistant state public defender pay progression plan. (a) There
8is established a pay progression plan for assistant state public defenders. The pay
9progression plan shall consist of 17 hourly salary steps, with each step equal to
10one-seventeenth of the difference between the lowest hourly salary and the highest
11hourly salary for the salary range for assistant state public defenders contained in
12the compensation plan. The pay progression plan shall be based entirely on merit.
AB40-ASA1,1086,2113
(b) Beginning with the first pay period that occurs on or after July 1, 2013, all
14assistant state public defenders who have served with the state as assistant state
15public defenders for a continuous period of 12 months or more, and who are not paid
16the maximum hourly rate, shall be paid an hourly salary at the step that is
17immediately above their hourly salary on June 30, 2013. All other assistant state
18public defenders, who are not paid the maximum hourly rate, shall be paid an hourly
19salary at the step that is immediately above their hourly salary on June 30, 2013,
20when they have served with the state as assistant state public defenders for a
21continuous period of 12 months.
AB40-ASA1,1087,922
(c) Beginning with the first pay period that occurs on or after July 1, 2014, and
23with the first pay period that occurs on or after each succeeding July 1, all assistant
24state public defenders who have served with the state as assistant state public
25defenders for a continuous period of 12 months or more, and who are not paid the
1maximum hourly rate, may, at the discretion of the state public defender, be paid an
2hourly salary at any step, or part thereof, above their hourly salary on the
3immediately preceding June 30. All other assistant state public defenders, who are
4not paid the maximum hourly rate, may, at the discretion of the state public defender,
5be paid an hourly salary at any step, or part thereof, above their hourly salary on the
6immediately preceding June 30, when they have served with the state as assistant
7state public defenders for a continuous period of 12 months. No salary adjustment
8for an assistant state public defender under this paragraph may exceed 10 percent
9of his or her base pay during a fiscal year.
AB40-ASA1,2015
10Section
2015. 230.12 (12) of the statutes is created to read:
AB40-ASA1,1087,1611
230.12
(12) Assistant attorneys general pay progression plan. (a) There is
12established a pay progression plan for assistant attorneys general. The pay
13progression plan shall consist of 17 hourly salary steps, with each step equal to
14one-seventeenth of the difference between the lowest hourly salary and the highest
15hourly salary for the salary range for assistant attorneys general contained in the
16compensation plan. The pay progression plan shall be based entirely on merit.
AB40-ASA1,1087,2517
(b) Beginning with the first pay period that occurs on or after July 1, 2013, all
18assistant attorneys general who have served with the state as assistant attorneys
19general for a continuous period of 12 months or more, and who are not paid the
20maximum hourly rate, shall be paid an hourly salary at the step that is immediately
21above their hourly salary on June 30, 2013. All other assistant attorneys general,
22who are not paid the maximum hourly rate, shall be paid an hourly salary at the step
23that is immediately above their hourly salary on June 30, 2013, when they have
24served with the state as assistant attorneys general for a continuous period of 12
25months.
AB40-ASA1,1088,12
1(c) Beginning with the first pay period that occurs on or after July 1, 2014, and
2with the first pay period that occurs on or after each succeeding July 1, all assistant
3attorneys general who have served with the state as assistant attorneys general for
4a continuous period of 12 months or more, and who are not paid the maximum hourly
5rate, may, at the discretion of the attorney general, be paid an hourly salary at any
6step, or part thereof, above their hourly salary on the immediately preceding June
730. All other assistant attorneys general, who are not paid the maximum hourly rate,
8may, at the discretion of the attorney general, be paid an hourly salary at any step,
9or part thereof, above their hourly salary on the immediately preceding June 30,
10when they have served with the state as assistant attorneys general for a continuous
11period of 12 months. No salary adjustment for an assistant attorney general under
12this paragraph may exceed 10 percent of his or her base pay during a fiscal year.
AB40-ASA1,2016
13Section
2016. 230.14 (3m) of the statutes is amended to read:
AB40-ASA1,1088,2014
230.14
(3m) In advertising openings in the classified civil service, the state
15may not require as a condition of application that an applicant be a college graduate
16unless the opening
is a position as a forensic scientist in a state or regional crime
17laboratory or unless the opening must be filled by an incumbent holding a credential,
18as defined in s. 440.01 (2) (a), or other license, permit, certificate or registration in
19an occupation regulated by law and college graduation is required to obtain the
20occupational credential, license, permit, certificate or registration.
AB40-ASA1,2017m
21Section 2017m. 230.80 (4) of the statutes is amended to read:
AB40-ASA1,1089,422
230.80
(4) "Governmental unit" means any association, authority, board,
23commission, department, independent agency, institution, office, society, or other
24body in state government created or authorized to be created by the constitution or
25any law, including the legislature, the office of the governor, and the courts
, but
1excluding the Health Insurance Risk-Sharing Plan Authority. "Governmental unit"
2does not mean any political subdivision of the state or body within one or more
3political subdivisions that is created by law or by action of one or more political
4subdivisions.
AB40-ASA1,2017p
5Section 2017p. 230.90 (1) (c) of the statutes is amended to read:
AB40-ASA1,1089,136
230.90
(1) (c) "Governmental unit" means any association, authority, board,
7commission, department, independent agency, institution, office, society or other
8body in state government created or authorized to be created by the constitution or
9any law, including the legislature, the office of the governor and the courts.
10"Governmental unit" does not mean the University of Wisconsin Hospitals and
11Clinics Authority
, the Health Insurance Risk-Sharing Plan Authority, or any
12political subdivision of the state or body within one or more political subdivisions
13which is created by law or by action of one or more political subdivisions.
AB40-ASA1,2018
14Section
2018. 231.01 (4) (a) of the statutes is amended to read:
AB40-ASA1,1089,2115
231.01
(4) (a) "Cost" means the sum of all costs incurred by a participating
16health institution, participating educational institution,
participating nonprofit
17institution, or participating research institution, as approved by the authority, as are
18reasonable and necessary to accomplish the project, exclusive of any private or
19federal, state, or local financial assistance received by the participating health
20institution, participating educational institution,
participating nonprofit
21institution, or participating research institution for the payment of the project cost.
AB40-ASA1,2019
22Section
2019. 231.01 (4) (b) 1. of the statutes is amended to read:
AB40-ASA1,1090,523
231.01
(4) (b) 1. The cost incurred by or on behalf of the participating health
24institution, participating educational institution,
participating nonprofit
25institution, or participating research institution of all necessary developmental,
1planning, and feasibility studies, surveys, plans, and specifications, architectural,
2engineering, legal, or other special services, the cost of acquisition of land and any
3buildings and improvements on the land, site preparation, and development
4including demolition or removal of existing structures, construction, reconstruction,
5and equipment, including machinery, fixed equipment, and personal property.
AB40-ASA1,2020
6Section
2020. 231.01 (4) (b) 2. of the statutes is amended to read:
AB40-ASA1,1090,107
231.01
(4) (b) 2. The reasonable cost of financing incurred by a participating
8health institution, participating educational institution,
participating nonprofit
9institution, or participating research institution in the course of the development of
10the project to the occupancy date.
AB40-ASA1,2021
11Section
2021. 231.01 (4) (c) of the statutes is amended to read:
AB40-ASA1,1090,1912
231.01
(4) (c) All rents and other net revenues from the operation of the real
13property, improvements, or personal property on the project site by a participating
14health institution, participating educational institution,
participating nonprofit
15institution, or participating research institution on and after the date on which the
16contract between a participating health institution, participating educational
17institution,
participating nonprofit institution, or participating research institution
18and the authority was entered into, but prior to the occupancy date, shall reduce the
19sum of all costs in this subsection.
AB40-ASA1,2022
20Section
2022. 231.01 (5n) of the statutes is created to read:
AB40-ASA1,1090,2321
231.01
(5n) "Nonprofit entity" means an entity that is described in section
501 22(c) (3) of the Internal Revenue Code and that is exempt from federal income tax under
23section
501 (a) of the Internal Revenue Code.
AB40-ASA1,2023
24Section
2023. 231.01 (5p) of the statutes is created to read:
AB40-ASA1,1091,2
1231.01
(5p) "Nonprofit facility" means a facility that is owned or operated by
2a nonprofit entity.
AB40-ASA1,2024
3Section
2024. 231.01 (6m) of the statutes is created to read:
AB40-ASA1,1091,84
231.01
(6m) "Participating nonprofit institution" means a nonprofit entity, or
5an affiliate of a nonprofit entity, that undertakes the financing and construction or
6acquisition of a project or undertakes the refunding or refinancing of obligations or
7of a mortgage or of advances as provided in this chapter and is not any of the
8following:
AB40-ASA1,1091,119
1. An entity authorized by state law to provide or operate an educational facility
10or an affiliate of an entity authorized by state law to provide or operate an
11educational facility.
AB40-ASA1,1091,1312
2. An entity authorized by state law to provide or operate a health facility or
13an affiliate of an entity authorized by state law to provide or operate a health facility.
AB40-ASA1,1091,1614
3. An entity authorized by state law to provide or operate a research facility or
15an affiliate of an entity authorized by state law to provide or operate a research
16facility.
AB40-ASA1,2025
17Section
2025. 231.01 (7) (a) 1. of the statutes is amended to read:
AB40-ASA1,1091,2118
231.01
(7) (a) 1. A specific health facility, educational facility,
nonprofit facility, 19or research facility work or improvement to be refinanced, acquired, constructed,
20enlarged, remodeled, renovated, improved, furnished, or equipped by the authority
21with funds provided in whole or in part under this chapter.
AB40-ASA1,2026
22Section
2026. 231.01 (7) (a) 2. of the statutes is amended to read:
AB40-ASA1,1092,323
231.01
(7) (a) 2. One or more structures suitable for use as a research facility,
24nonprofit facility, health facility, laboratory, laundry, nurses' or interns' residence or
25other multi-unit housing facility for staff, employees, patients or relatives of
1patients admitted for treatment or care in a health facility, physician's facility,
2administration building,
nonprofit facility, research facility, maintenance, storage,
3or utility facility.
AB40-ASA1,2027
4Section
2027. 231.01 (7) (a) 4. of the statutes is amended to read:
AB40-ASA1,1092,85
231.01
(7) (a) 4. Any structure useful for the operation of a health facility,
6educational facility,
nonprofit facility, or research facility, including facilities or
7supporting service structures essential or convenient for the orderly conduct of the
8health facility, educational facility,
nonprofit facility, or research facility.
AB40-ASA1,2028
9Section
2028. 231.01 (7) (c) of the statutes is amended to read:
AB40-ASA1,1092,1510
231.01
(7) (c) "Project" may include more than one project, and it may include
11any combination of projects undertaken jointly by any participating health
12institution, participating educational institution,
participating nonprofit
13institution, or participating research institution with one or more other
14participating health institutions, participating educational institutions,
15participating nonprofit institutions, or participating research institutions.
AB40-ASA1,2029
16Section
2029. 231.02 (6) (b) of the statutes is amended to read:
AB40-ASA1,1093,1717
231.02
(6) (b) Notwithstanding any other provision of law, it is not a conflict
18of interest or violation of this section or of any other law for a trustee, director, officer,
19or employee of a participating health institution, participating educational
20institution,
participating nonprofit institution, or participating research institution
21or for a person having the required favorable reputation for skill, knowledge, and
22experience in state and municipal finance or for a person having the required
23favorable reputation for skill, knowledge, and experience in the field of health
24facility, educational facility,
nonprofit facility, or research facility architecture to
25serve as a member of the authority; if in each case to which par. (a) is applicable, the
1trustee, director, officer, or employee of the participating health institution,
2participating educational institution,
participating nonprofit institution, or
3participating research institution abstains from discussion, deliberation, action, and
4vote by the authority in specific respect to any undertaking pursuant to this chapter
5in which his or her participating health institution, participating educational
6institution,
participating nonprofit institution, or participating research institution
7has an interest, or the person having the required favorable reputation for skill,
8knowledge, and experience in state and municipal finance abstains from discussion,
9deliberation, action, and vote by the authority in specific respect to any sale,
10purchase, or ownership of bonds of the authority in which any business of which such
11person is a participant, owner, officer, or employee has a past, current, or future
12interest, or such person having the required favorable reputation for skill,
13knowledge, and experience in the field of health facility, educational facility,
14nonprofit facility, or research facility architecture abstains from discussion,
15deliberation, action, and vote by the authority in specific respect to construction or
16acquisition of any project of the authority in which any business of which such person
17is a participant, owner, officer, or employee has a past, current, or future interest.
AB40-ASA1,2030
18Section
2030. 231.03 (5) of the statutes is amended to read:
AB40-ASA1,1094,919
231.03
(5) Determine the location and character of any project to be financed
20under this chapter, and construct, reconstruct, remodel, maintain, enlarge, alter, add
21to, repair, lease as lessee or lessor and regulate the same, enter into contracts for any
22such purpose, enter into contracts for the management and operation of a project or
23other health facilities, educational facilities,
nonprofit facilities, or research facilities
24owned by the authority, and designate a participating health institution,
25participating educational institution,
participating nonprofit institution, or
1participating research institution as its agent to determine the location and
2character of a project undertaken by the participating health institution,
3participating educational institution,
participating nonprofit institution, or
4participating research institution under this chapter and as the agent of the
5authority, to construct, reconstruct, remodel, maintain, manage, enlarge, alter, add
6to, repair, operate, lease as lessee or lessor and regulate the same, and as the agent
7of the authority, to enter into contracts for any such purpose, including contracts for
8the management and operation of such project or other health facilities, educational
9facilities,
nonprofit facilities, or research facilities owned by the authority.
AB40-ASA1,2031
10Section
2031. 231.03 (6) (j) of the statutes is created to read:
AB40-ASA1,1094,1211
231.03
(6) (j) Finance any project undertaken for a nonprofit facility by a
12participating nonprofit institution.
AB40-ASA1,2032
13Section
2032. 231.03 (6) (k) of the statutes is created to read:
AB40-ASA1,1094,1514
231.03
(6) (k) Refinance outstanding debt of any participating nonprofit
15institution.
AB40-ASA1,2033
16Section
2033. 231.03 (7) of the statutes is amended to read:
AB40-ASA1,1094,2317
231.03
(7) Fix and revise from time to time and charge and collect rates, rents,
18fees, and charges for the use of and for the services furnished or to be furnished by
19a project or other health facilities, educational facilities,
nonprofit facilities, or
20research facilities owned by the authority or any portion thereof, contract with any
21person in respect thereto and coordinate its policies and procedures, and cooperate
22with recognized health facility, educational facility,
nonprofit facility, or research
23facility rate setting mechanisms.
AB40-ASA1,2034
24Section
2034. 231.03 (8) of the statutes is amended to read:
AB40-ASA1,1095,14
1231.03
(8) Adopt rules for the use of a project or other health facility,
2educational facility,
nonprofit facility, or research facility or any portion of the project
3or facility owned, financed, or refinanced in whole or in part by the authority,
4including any property used as security for a loan secured through, from, or with the
5assistance of the authority. The authority may designate a participating health
6institution, participating educational institution,
participating nonprofit
7institution, or participating research institution as its agent to establish rules for the
8use of a project or other health facilities, educational facilities,
nonprofit facilities, 9or research facilities undertaken for that participating health institution,
10participating educational institution,
participating nonprofit institution, or
11participating research institution. The rules shall ensure that a project, health
12facility, educational facility, research facility,
nonprofit facility, or property may not
13be used primarily for sectarian instruction or study or as a place for devotional
14activities or religious worship.
AB40-ASA1,2035
15Section
2035. 231.03 (11) of the statutes is amended to read:
AB40-ASA1,1096,216
231.03
(11) Establish or contract with others to carry out on its behalf a health
17facility, educational facility,
nonprofit facility, or research facility project cost
18estimating service, and make this service available on all projects to provide expert
19cost estimates and guidance to the participating health institution, participating
20educational institution,
participating nonprofit institution, or participating
21research institution and to the authority. To implement this service and, through it,
22to contribute to cost containment, the authority may require such reasonable reports
23and documents from health facility, educational facility,
nonprofit facility, or
24research facility projects as are required for this service and for the development of
25cost reports and guidelines. The authority shall appoint a technical committee on
1health facility, educational facility,
nonprofit facility, or research facility project costs
2and cost containment.
AB40-ASA1,2036
3Section
2036. 231.03 (13) of the statutes is amended to read:
AB40-ASA1,1096,164
231.03
(13) Make loans to any participating health institution, participating
5educational institution,
participating nonprofit institution, or participating
6research institution for the cost of a project in accordance with an agreement
7between the authority and the participating health institution, participating
8educational institution,
participating nonprofit institution, or participating
9research institution. The authority may secure the loan by a mortgage or other
10security arrangement on the health facility, educational facility,
nonprofit facility, or
11research facility granted by the participating health institution, participating
12educational institution,
participating nonprofit institution, or participating
13research institution to the authority. The loan may not exceed the total cost of the
14project as determined by the participating health institution, participating
15educational institution,
participating nonprofit institution, or participating
16research institution and approved by the authority.
AB40-ASA1,2037
17Section
2037. 231.03 (14) of the statutes is amended to read:
AB40-ASA1,1096,2518
231.03
(14) Make loans to a health facility, educational facility,
nonprofit
19facility, or research facility for which bonds may be issued under sub. (6) (b), (d),
or 20(i),
or (k), to refinance the health facility's, educational facility's,
nonprofit facility's, 21or research facility's outstanding debt. The authority may secure the loan or bond
22by a mortgage or other security arrangement on the health facility, educational
23facility,
nonprofit facility, or research facility granted by the participating health
24institution, participating educational institution,
participating nonprofit
25institution, or participating research institution to the authority.
AB40-ASA1,2038
1Section
2038. 231.03 (15) of the statutes is amended to read:
AB40-ASA1,1097,92
231.03
(15) Mortgage all or any portion of a project and other health facilities,
3educational facilities,
nonprofit facilities, or research facilities and the site thereof,
4whether owned or thereafter acquired, for the benefit of the holders of bonds issued
5to finance the project, health facilities, educational facilities,
nonprofit facilities, or
6research facilities or any portion thereof or issued to refund or refinance outstanding
7indebtedness of participating health institutions,
participating educational
8institutions,
participating nonprofit institutions, or
participating research
9institutions as permitted by this chapter.
AB40-ASA1,2039
10Section
2039. 231.03 (16) of the statutes is amended to read:
AB40-ASA1,1098,311
231.03
(16) Lease to a participating health institution, participating
12educational institution,
participating nonprofit institution, or participating
13research institution the project being financed or other health facilities, educational
14facilities,
nonprofit facilities, or research facilities conveyed to the authority in
15connection with such financing, upon such terms and conditions as the authority
16deems proper, and charge and collect rents therefor, and terminate any such lease
17upon the failure of the lessee to comply with any of the obligations thereof; and
18include in any such lease, if desired, provisions that the lessee thereof shall have
19options to renew the term of the lease for such periods and at such rent as the
20authority determines or to purchase all or any part of the health facilities,
21educational facilities,
nonprofit facilities, or research facilities or that, upon
22payment of all of the indebtedness incurred by the authority for the financing of such
23project or health facilities, educational facilities,
nonprofit facilities, or research
24facilities or for refunding outstanding indebtedness of a participating health
25institution, participating educational institution,
participating nonprofit
1institution, or participating research institution, the authority may convey all or any
2part of the project or such other health facilities, educational facilities,
nonprofit
3facilities, or research facilities to the lessees thereof with or without consideration.
AB40-ASA1,2040
4Section
2040. 231.03 (17) of the statutes is amended to read:
AB40-ASA1,1098,85
231.03
(17) Charge to and apportion among participating health institutions,
6participating educational institutions,
participating nonprofit institutions, and
7participating research institutions its administrative costs and expenses incurred in
8the exercise of the powers and duties conferred by this chapter.
AB40-ASA1,2041
9Section
2041. 231.03 (18) of the statutes is amended to read:
AB40-ASA1,1098,1510
231.03
(18) Make studies of needed health facilities, educational facilities,
11nonprofit facilities, and research facilities that could not sustain a loan were it made
12under this chapter and recommend remedial action to the legislature; and do the
13same with regard to any laws or rules that prevent health facilities, educational
14facilities,
nonprofit facilities, and research facilities from benefiting from this
15chapter.
AB40-ASA1,2042
16Section
2042. 231.03 (19) of the statutes is amended to read:
AB40-ASA1,1099,217
231.03
(19) Obtain, or aid in obtaining, from any department or agency of the
18United States or of this state or any private company, any insurance or guaranty
19concerning the payment or repayment of, interest or principal, or both, or any part
20thereof, on any loan, lease, or obligation or any instrument evidencing or securing
21the same, made or entered into under the provisions of this chapter; and
22notwithstanding any other provisions of this chapter, to enter into any agreement,
23contract, or other instrument with respect to that insurance or guaranty, to accept
24payment in the manner and form provided therein in the event of default by a
25participating health institution, participating educational institution,
participating
1nonprofit institution, or participating research institution, and to assign the
2insurance or guaranty as security for the authority's bonds.