25.19 Treasurer; bond; deposit of securities; cash management.
25.293 Natural resources land endowment fund.
25.295 Heritage state parks and forests trust fund.
25.297 Wisconsin outdoor wildlife heritage trust fund.
25.30 State building trust fund.
25.315 Wholesale drug distributor bonding fund.
25.35 State capitol restoration fund.
25.36 Veterans trust fund.
25.37 Wisconsin veterans homes members fund.
25.38 Military family relief fund.
25.40 Transportation fund.
25.405 Transportation infrastructure loan fund.
25.41 State housing authority reserve fund.
25.425 Election administration fund.
25.43 Environmental improvement fund.
25.45 Waste management fund.
25.46 Environmental fund.
25.463 Agricultural producer security fund.
25.465 Agrichemical management fund.
25.466 Working lands fund.
25.468 Agricultural chemical cleanup fund.
25.469 Nuclear waste escrow fund.
25.47 Petroleum inspection fund.
25.48 Dry cleaner environmental response fund.
25.49 Economic development fund.
25.50 Local government pooled-investment fund.
25.55 Land information fund.
25.60 Budget stabilization fund.
25.62 Property tax relief fund.
25.65 County mining investment fund.
25.67 Children's trust fund.
25.68 Support collections trust fund.
25.69 Permanent endowment fund.
25.70 Historical society trust fund.
25.72 Historical legacy trust fund.
25.73 Historical society endowment fund.
25.74 History preservation partnership trust fund.
25.77 Medical assistance trust fund.
25.772 Hospital assessment fund.
25.774 Critical access hospital assessment fund.
25.78 Artistic endowment fund.
25.80 Tuition trust fund.
25.85 College savings program trust fund.
25.853 College savings program bank deposit trust fund.
25.855 College savings program credit union deposit trust fund.
25.95 Universal service fund.
25.96 Utility public benefits fund.
25.97 Air quality improvement fund.
25.99 Police and fire protection fund.
Ch. 25 Cross-reference
Cross-reference: See definitions in s.
24.01.
25.01
25.01
Definition. In this chapter, unless the context requires otherwise, “board" means the investment board.
25.01 History
History: 1999 a. 83.
25.14
25.14
State investment fund. 25.14(1)(a)
(a) There is created a state investment fund under the jurisdiction and management of the board to be operated as an investment trust for the purpose of managing the securities of all funds that are required by law to be invested in the state investment fund and all of the state's funds specified in s.
25.17 (1), except all of the following:
25.14(1)(a)9.
9. The injured patients and families compensation fund.
25.14(1)(a)11.
11. Funds that under
article X of the constitution are controlled and invested by the board of commissioners of public lands.
25.14(1)(a)12.
12. Funds that are required by specific provision of law to be controlled and invested by any other authority.
25.14(1)(a)15d.
15d. The college savings program credit union deposit trust fund.
25.14(1)(b)
(b) The respective authorities controlling the investment of any fund excluded under par.
(a) may authorize the transfer of any temporary cash assets of any fund excluded under par.
(a) to the state investment fund in accordance with subs.
(2) and
(3).
25.14(2)
(2) At such time as the board determines, all of the securities held by any of the state's funds, except those specifically excluded in sub.
(1), shall be transferred, at the market value plus accrued interest as of the date of transfer, to the state investment fund together with such amounts of cash as may be required to provide each contributing fund an equity in the state investment fund which may be expressed in terms of even thousands of dollars. Thereafter, the department of administration shall make such subsequent transfers of money between the individual funds and the state investment fund as in its judgment is advisable and in accordance with cash requirements of the individual funds, such transfer to be made on the basis of even thousands of dollars, and it shall furnish to the board such information with respect to daily balances of individual funds within the investment fund as may be required.
25.14(3)
(3) The department of administration, upon consultation with the board, shall distribute all earnings, profits, or losses of the state investment fund to each participating fund in the same ratio as each participating fund's average daily balance within the state investment fund bears to the total average daily balance of all participating funds, except as provided in s.
16.401 (14) and except that the department of administration shall credit to the appropriation account under s.
20.505 (1) (kj) an amount equal to the amount assessed under s.
25.19 (3) from the earnings or profits of the funds against which an assessment is made. Distributions under this section shall be made at such times as the department of administration may determine, but must be made at least semiannually in each complete fiscal year of operation.
25.14(4)
(4) The department of administration shall maintain such records as may be required to account for each contributing fund's share in the state investment fund.
