AB68: Bill Text

AB68,1339,20 c. A low-cost fund focused on income generation.

AB68,1339,21 d. A low-cost fund focused on asset growth.

AB68,1339,22 e. A low-cost fund focused on balancing risk and return.

AB68,1340,2 2. The program under this section shall require the investment administrator to offer to each enrolled eligible employee, before the employee makes his or her investment selections, a tool allowing the employee to identify the employee's risk tolerance and projected retirement date as an aid to the employee in selecting suitable investments under the program.

AB68,1340,6 3. The program under this section shall require that the first $1,000 of an enrolled eligible employee's contributions be deposited in a fund described in subd. 1. a. and thereafter, unless the employee selects a different investment option, the employee's contributions be deposited in a fund described in subd. 1. b.

AB68,1340,11 (c) 1. Except as provided in subd. 3., during an eligible employee's first year of enrollment in the program, the participating employer's payroll deduction each pay period shall be at a rate of 5 percent of the employee's gross wages, and this deducted amount shall be remitted to the investment administrator as the employee's account contribution.

AB68,1340,14 2. Except as provided in subd. 3., a participating employer shall increase the payroll deduction rate under subd. 1. by 1 percent per year until a maximum payroll deduction rate of 10 percent is reached.

AB68,1340,17 3. An enrolled eligible employee may elect a different payroll deduction rate than that provided for in subds. 1. and 2., except the rate may not be less than 1 percent nor more than 10 percent.

AB68,1340,21 (6) Record-keeping requirements. (a) Subject to par. (b), the board shall establish the record-keeping requirements for the investment administrator, including the nature and extent of the record-keeping services and performance metrics for measuring compliance with these requirements.

AB68,1340,23 (b) The program shall require the maintenance of separate records and accounting for each account.

AB68,1340,25 (7) Abandoned accounts. (a) An account is considered abandoned if any of the following applies:

AB68,1341,2 1. There has been no account activity for at least 6 months and the account balance is less than $250.

AB68,1341,3 2. There has been no account activity for at least 2 years.

AB68,1341,6 (b) If an account is considered abandoned under par. (a), the investment administrator shall close the account and disburse the account balance to the individual who established the account.

AB68,1341,8 (8) Powers of board; departmental assistance; rules. (a) The board may do any of the following:

AB68,1341,11 1. In establishing the program under this section, create or impose any requirement or condition not inconsistent with this section that the board considers necessary for the effective functioning and widespread utilization of the program.

AB68,1341,15 2. Enter into contracts or other arrangements for any services necessary for establishing and overseeing the program under this section or for otherwise carrying out the purposes of this section, including the services of financial institutions, attorneys, investment advisers, accountants, consultants, and other professionals.

AB68,1341,17 3. Exercise any other powers necessary to establish and oversee the program under this section or otherwise carry out the purposes of this section.

AB68,1341,18 4. Promulgate rules to carry out the purposes of this section.

AB68,1341,22 (b) The department shall provide the board with any assistance necessary to carry out the purposes of this section, including staff, equipment, and office space. The board may delegate to the department responsibility for carrying out any day-to-day board function related to the program under this section.

AB68,2453 Section 2453 . 224.77 (1) (o) of the statutes is amended to read:

AB68,1342,6 224.77 (1) (o) In the course of practice as a mortgage banker, mortgage loan originator, or mortgage broker, except in relation to housing designed to meet the needs of elderly individuals, treat a person unequally solely because of sex, race, color, handicap, sexual orientation, as defined in s. 111.32 (13m), religion, national origin, age, or ancestry, the person's lawful source of income, or the sex, marital status, status as a holder or nonholder of a license under s. 343.03 (3r), or status as a victim of domestic abuse, sexual assault, or stalking, as defined in s. 106.50 (1m) (u), of the person maintaining a household.

AB68,2454 Section 2454 . 227.01 (13) (Lw) of the statutes is created to read:

AB68,1342,8 227.01 (13) (Lw) Adjusts the minimum wage under s. 104.035 (8m).

AB68,2455 Section 2455. 227.01 (13) (n) of the statutes is amended to read:

AB68,1342,13 227.01 (13) (n) Fixes or approves rates, prices or charges, including an annual average weekly wage calculation under s. 108.05 (1) (am) or a maximum weekly benefit amount under s. 108.05 (1) (cm), unless a statute specifically requires them to be fixed or approved by rule.

AB68,2456 Section 2456 . 227.01 (13) (t) of the statutes is created to read:

AB68,1342,18 227.01 (13) (t) Ascertains and determines prevailing wage rates under ss. 66.0903, 103.49, 103.50, and 229.8275, except that any action or inaction which ascertains and determines prevailing wage rates under ss. 66.0903, 103.49, 103.50, and 229.8275 is subject to judicial review under s. 227.40.

AB68,2457 Section 2457. 227.03 (4) of the statutes is amended to read:

AB68,1342,25 227.03 (4) The provisions of this chapter relating to contested cases do not apply to proceedings involving the revocation of community supervision or aftercare supervision under s. 938.357 (5), the revocation of parole, extended supervision, or probation, the grant of probation, prison discipline, mandatory release under s. 302.11, or any other proceeding involving the care and treatment of a resident or an inmate of a correctional institution.

AB68,2458 Section 2458. 227.10 (2g) of the statutes is repealed.

AB68,2459 Section 2459 . 227.11 (title) of the statutes is amended to read:

AB68,1343,4 227.11 (title) Agency Extent to which chapter confers rule-making authority.

AB68,2460 Section 2460 . 227.11 (3) of the statutes is repealed.

AB68,2461 Section 2461. 227.111 (3) of the statutes is created to read:

AB68,1343,7 227.111 (3) Subsection (2) does not apply to the state fair park board.

AB68,2462 Section 2462 . 227.13 of the statutes is amended to read:

AB68,1343,16 227.13 Advisory committees and informal consultations. An agency may use informal conferences and consultations to obtain the viewpoint and advice of interested persons with respect to contemplated rule making. An agency may also appoint a committee of experts, interested persons or representatives of the public to advise it with respect to any contemplated rule making. Such a The committee shall have advisory powers only. Whenever an agency appoints a committee under this section, the agency shall submit a list of the members of the committee to the joint committee for review of administrative rules.

AB68,2463 Section 2463 . 227.26 (2) (im) of the statutes is repealed.

AB68,2464 Section 2464 . 227.57 (11) of the statutes is amended to read:

AB68,1343,22 227.57 (11) Upon review of an agency action or decision affecting a property owner's use of the property owner's property, the court shall accord no deference to the agency's interpretation of law if the agency action or decision restricts the property owner's free use of the property owner's property.

AB68,2465 Section 2465 . 229.425 of the statutes is created to read:

AB68,1344,2 229.425 Creation of a district, city of Superior. (1) Provisions that do not apply to certain districts. With regard to any district that is created by the city of Superior on or after the effective date of this subsection .... [LRB inserts date], the following provisions do not apply:

AB68,1344,3 (a) Section 229.40.

AB68,1344,4 (b) Section 229.50 (1) (a) and (e).

AB68,1344,5 (c) Subchapter IX of ch. 77.

AB68,1344,15 (2) Modification of provisions relating to new districts. (a) Definition. With regard to any district that is created by the city of Superior on or after the effective date of this paragraph .... [LRB inserts date], notwithstanding s. 229.41 (6), “exposition center" means one or more related structures, including fixtures and equipment, owned, operated, or leased by a district and used primarily for conventions, expositions, trade shows, musical or dramatic events, other events involving educational, cultural, or commercial activities, or sporting tournaments and intended to be used by transient tourists and to generate tourism activity including paid overnight stays and purchases at establishments where the taxes under s. 77.98 are imposed.

AB68,1344,21 (b) Bonding limitations. 1. The maximum amount of bond proceeds that a district may receive from bonds issued to fund the development and construction of an exposition center is $20,300,000. The district may receive additional proceeds from the bonds to pay issuance or administrative costs related to the bonds, to make deposits in reserve funds related to the bonds, to pay accrued or funded interest on the bonds, and to pay the costs of credit enhancement for the bonds.

AB68,1344,24 2. Notwithstanding the provisions of s. 229.50 (1) (c), the amount of all bonds, other than refunding bonds, that may be secured by all special debt service reserve funds of the district shall not exceed $20,000,000.

AB68,1345,4 (c) Dissolution of a district. Notwithstanding the provisions of s. 229.477, subject to providing for the payment of its bonds, including interest on the bonds, and the performance of its other contractual obligations, a district shall be dissolved by the joint action of the district's board of directors and city of Superior.

AB68,1345,9 (3) Referendum requirements. Before an enabling resolution adopted by the city of Superior under s. 229.42 (1) (a) may take effect, it must be approved by a majority of the electors in the city voting on the resolution at a referendum, to be held at the first spring or general election following by at least 70 days the date of adoption of the resolution.

AB68,2466 Section 2466. 229.46 (1) (ae) of the statutes is created to read:

AB68,1345,12 229.46 (1) (ae) “Disability-owned business” means a business certified by the department of administration under s. 16.289 (3).

AB68,2467 Section 2467. 229.46 (1) (aj) of the statutes is created to read:

AB68,1345,15 229.46 (1) (aj) “Lesbian, gay, bisexual, or transgender-owned business” means a business certified by the department of administration under s. 16.288 (3).

AB68,2468 Section 2468. 229.46 (2) (intro.) of the statutes is amended to read:

AB68,1345,25 229.46 (2) (intro.) A person who is awarded a contract by a district shall agree, as a condition to receiving the contract, that at least 25 percent of the employees hired because of the contract will be minority group members, at least 5 percent of the employees hired because of the contract will be women, and at least 1 percent of the employees hired because of the contract will be employees of a disabled veteran-owned business, at least 1 percent of the employees hired because of the contract will be employees of a lesbian, gay, bisexual, or transgender-owned business, and at least 1 percent of the employees hired because of the contract will be employees of a disability-owned business, if any of the following applies:

AB68,2469 Section 2469. 229.46 (3) (intro.) of the statutes is amended to read:

AB68,1346,11 229.46 (3) (intro.) At least 25 percent of the aggregate dollar value of contracts awarded by the district in the following areas shall be awarded to minority businesses, at least 5 percent of the aggregate dollar value of contracts awarded by the district in the following areas shall be awarded to women's businesses, and at least 1 percent of the aggregate dollar value of contracts awarded by the district in the following areas shall be awarded to disabled veteran-owned businesses, at least 1 percent of the aggregate dollar value of contracts awarded by the district in the following areas shall be awarded to lesbian, gay, bisexual, or transgender-owned businesses, and at least 1 percent of the aggregate dollar value of contracts awarded by the district in the following areas shall be awarded to a disability-owned business:

AB68,2470 Section 2470. 229.46 (8) of the statutes is created to read:

AB68,1346,16 229.46 (8) With regard to a district created by the city of Superior, the district shall contract with a local tourism entity, as defined in s. 66.0615 (1) (f), to promote, advertise, and publicize its exposition center, exposition center facilities, and related activities.

AB68,2471 Section 2471 . 229.682 (2) of the statutes is created to read:

AB68,1346,19 229.682 (2) Prevailing wage. The construction of a baseball park facility that is financed in whole or in part by a district is subject to s. 66.0903.

AB68,2472 Section 2472. 229.70 (title) of the statutes is amended to read:

AB68,1346,23 229.70 (title) Minority contracting goals; disabled veteran-owned business contracting goals; lesbian, gay, bisexual, or transgender-owned business contracting goals; disability-owned business contracting goals.

AB68,2473 Section 2473. 229.70 (1) (ae) of the statutes is created to read:

AB68,1347,2 229.70 (1) (ae) “Disability-owned business” means a business certified by the department of administration under s. 16.289 (3).

AB68,2474 Section 2474. 229.70 (1) (aj) of the statutes is created to read:

AB68,1347,5 229.70 (1) (aj) “Lesbian, gay, bisexual, or transgender-owned business” means a business certified by the department of administration under s. 16.288 (3).

AB68,2475 Section 2475. 229.70 (2) of the statutes is amended to read:

AB68,1347,17 229.70 (2) The district shall ensure that, for construction work and professional services contracts, a person who is awarded such a contract by a district shall agree, as a condition to receiving the contract, that his or her goal shall be to ensure that at least 25 percent of the employees hired because of the contract will be minority group members, at least 1 percent of the employees hired because of the contract will be employees of a disabled veteran-owned business, at least 1 percent of the employees hired because of the contract will be employees of a lesbian, gay, bisexual, or transgender-owned business, at least 1 percent of the employees hired because of the contract will be employees of a disability-owned business, and at least 5 percent of the employees hired because of the contract will be women if the contract is for the construction of any part of baseball park facilities.

AB68,2476 Section 2476. 229.70 (3) (intro.) of the statutes is amended to read:

AB68,1348,4 229.70 (3) (intro.) It shall be a goal of the district to ensure that at least 25 percent of the aggregate dollar value of contracts awarded by the district in the following areas shall be awarded to minority businesses, at least 1 percent of the aggregate dollar value of contracts awarded by the district in the following areas shall be awarded to disabled veteran-owned businesses, at least 1 percent of the aggregate dollar value of contracts awarded by the district in the following areas shall be awarded to lesbian, gay, bisexual, or transgender-owned businesses, at least 1 percent of the aggregate dollar value of contracts awarded by the district in the following areas shall be awarded to disability-owned businesses, and at least 5 percent of the aggregate dollar value of contracts awarded by the district in the following areas shall be awarded to women's businesses:

AB68,2477 Section 2477. 229.70 (4) of the statutes is amended to read:

AB68,1348,12 229.70 (4) It shall be a goal of a district, with regard to each of the contracts described under sub. (3) (a), (b) and (c), to award at least 25 percent of the dollar value of such contracts to minority businesses, at least 1 percent of the dollar value of such contracts to disabled veteran-owned businesses, at least 1 percent of the dollar value of such contracts to lesbian, gay, bisexual, or transgender-owned businesses, at least 1 percent of the dollar value of such contracts to disability-owned businesses, and at least 5 percent of the dollar value of such contracts to women's businesses.

AB68,2478 Section 2478. 229.70 (4m) (a) of the statutes is amended to read:

AB68,1348,23 229.70 (4m) (a) The district shall ensure that, for construction work and professional services contracts, a person who is awarded such a contract by a district shall agree, as a condition to receiving the contract, that if he or she is unable to meet the goal under sub. (2), he or she shall make a good faith effort to contract with the technical college district board of the technical college district in which the facilities are to be constructed or the professional services contract is to be performed, to develop appropriate training programs designed to increase the pool of minority group members, disabled veterans, lesbian, gay, bisexual, or transgender individuals, individuals with a disability, and women who are qualified to perform the construction work or professional services.

AB68,2479 Section 2479. 229.70 (4m) (b) of the statutes is amended to read:

AB68,1349,7 229.70 (4m) (b) If the district is unable to meet the goals under subs. (3) and (4), the district shall make a good faith effort to contract with the technical college district board of the technical college district in which the contracts described under sub. (3) (a), (b) and (c) are to be performed, to develop appropriate training programs designed to increase the pool of minority group members, disabled veterans, lesbian, gay, bisexual, or transgender individuals, individuals with a disability, and women who are qualified to perform the contracts described under sub. (3) (a), (b) and (c).

AB68,2480 Section 2480. 229.70 (5) (b) 1. of the statutes is amended to read:

AB68,1349,13 229.70 (5) (b) 1. The supply of eligible minority businesses, disabled veteran-owned businesses, lesbian, gay, bisexual, or transgender-owned businesses, disability-owned businesses, and women's businesses that have the financial capacity, technical capacity, and previous experience in the areas in which contracts were awarded.

AB68,2481 Section 2481. 229.70 (5) (b) 2. of the statutes is amended to read:

AB68,1349,18 229.70 (5) (b) 2. The competing demands for the services provided by eligible minority businesses, disabled veteran-owned businesses, lesbian, gay, bisexual, or transgender-owned businesses, disability-owned businesses, and women's businesses, as described in subd. 1., in areas in which contracts were awarded.

AB68,2482 Section 2482. 229.70 (5) (b) 3. of the statutes is amended to read:

AB68,1350,2 229.70 (5) (b) 3. The extent to which the district or contractors advertised for and aggressively solicited bids from eligible minority businesses, disabled veteran-owned businesses, lesbian, gay, bisexual, or transgender-owned businesses, disability-owned businesses, and women's businesses, as described in subd. 1., and the extent to which eligible minority businesses, disabled veteran-owned businesses, lesbian, gay, bisexual, or transgender-owned businesses, disability-owned businesses, and women's businesses submitted bids.

AB68,2483 Section 2483. 229.8273 (title) of the statutes is amended to read:

AB68,1350,5 229.8273 (title) Minority, disabled veteran, lesbian, gay, bisexual, or transgender, disability, and women contracting.

AB68,2484 Section 2484. 229.8273 (1) (ak) of the statutes is created to read:

AB68,1350,8 229.8273 (1) (ak) “Disability-owned business” means a business certified by the department of administration under s. 16.289 (3).