AB43,1340,1515 d. A low-cost fund focused on asset growth.
AB43,1340,1616 e. A low-cost fund focused on balancing risk and return.
AB43,1340,2117 2. The program under this section shall require the investment administrator
18to offer to each enrolled eligible employee, before the employee makes his or her
19investment selections, a tool allowing the employee to identify the employee's risk
20tolerance and projected retirement date as an aid to the employee in selecting
21suitable investments under the program.
AB43,1340,2522 3. The program under this section shall require that the first $1,000 of an
23enrolled eligible employee's contributions be deposited in a fund described in subd.
241. a. and thereafter, unless the employee selects a different investment option, the
25employee's contributions be deposited in a fund described in subd. 1. b.
AB43,1341,5
1(c) 1. Except as provided in subds. 3. and 4., during an eligible employee's first
2year of enrollment in the program, the participating employer's payroll deduction
3each pay period shall be at a rate of 5 percent of the employee's gross wages, and this
4deducted amount shall be remitted to the investment administrator as the
5employee's account contribution.
AB43,1341,86 2. Except as provided in subds. 3. and 4., a participating employer shall
7increase the payroll deduction rate under subd. 1. by 1 percent per year until a
8maximum payroll deduction rate of 10 percent is reached.
AB43,1341,119 3. An enrolled eligible employee may elect a different payroll deduction rate
10than that provided for in subds. 1. and 2., except the rate may not be less than 1
11percent nor more than 10 percent.
AB43,1341,1512 4. A participating employer shall make a good faith effort to establish an
13employee's payroll deduction at a rate that will not result in the employee's total
14annual contributions exceeding the contribution limits established under sub. (3) (g),
15but the participating employer is not responsible if excess contributions occur.
AB43,1341,19 16(6) Record-keeping requirements. (a) Subject to par. (b), the board shall
17establish the record-keeping requirements for the investment administrator,
18including the nature and extent of the record-keeping services and performance
19metrics for measuring compliance with these requirements.
AB43,1341,2120 (b) The program shall require the maintenance of separate records and
21accounting for each account.
AB43,1341,23 22(7) Abandoned accounts. (a) An account is considered abandoned if any of the
23following applies:
AB43,1341,2524 1. There has been no account activity for at least 6 months and the account
25balance is less than $250.
AB43,1342,1
12. There has been no account activity for at least 2 years.
AB43,1342,42 (b) If an account is considered abandoned under par. (a), the investment
3administrator shall close the account and disburse the account balance to the
4individual who established the account.
AB43,1342,6 5(8) Powers of board; departmental assistance; rules. (a) The board may do
6any of the following:
AB43,1342,97 1. In establishing the program under this section, create or impose any
8requirement or condition not inconsistent with this section that the board considers
9necessary for the effective functioning and widespread utilization of the program.
AB43,1342,1310 2. Enter into contracts or other arrangements for any services necessary for
11establishing and overseeing the program under this section or for otherwise carrying
12out the purposes of this section, including the services of financial institutions,
13attorneys, investment advisers, accountants, consultants, and other professionals.
AB43,1342,1514 3. Exercise any other powers necessary to establish and oversee the program
15under this section or otherwise carry out the purposes of this section.
AB43,1342,1616 4. Promulgate rules to carry out the purposes of this section.
AB43,1342,2017 (b) The department shall provide the board with any assistance necessary to
18carry out the purposes of this section, including staff, equipment, and office space.
19The board may delegate to the department responsibility for carrying out any
20day-to-day board function related to the program under this section.
AB43,2449 21Section 2449 . 224.77 (1) (o) of the statutes is amended to read:
AB43,1343,422 224.77 (1) (o) In the course of practice as a mortgage banker, mortgage loan
23originator, or mortgage broker, except in relation to housing designed to meet the
24needs of elderly individuals, treat a person unequally solely because of sex, race,
25color, handicap, sexual orientation, as defined in s. 111.32 (13m), religion, national

1origin, age, or ancestry, the person's lawful source of income, or the sex, marital
2status, status as a holder or nonholder of a license under s. 343.03 (3r), or status as
3a victim of domestic abuse, sexual assault, or stalking, as defined in s. 106.50 (1m)
4(u), of the person maintaining a household.
AB43,2450 5Section 2450 . 227.01 (13) (Lw) of the statutes is created to read:
AB43,1343,66 227.01 (13) (Lw) Adjusts the minimum wage under s. 104.035 (8m).
AB43,2451 7Section 2451 . 227.01 (13) (t) of the statutes is created to read:
AB43,1343,118 227.01 (13) (t) Ascertains and determines prevailing wage rates under ss.
966.0903, 103.49, 103.50, and 229.8275, except that any action or inaction which
10ascertains and determines prevailing wage rates under ss. 66.0903, 103.49, 103.50,
11and 229.8275 is subject to judicial review under s. 227.40.
AB43,2452 12Section 2452. 227.01 (13) (zxm) of the statutes is created to read:
AB43,1343,1413 227.01 (13) (zxm) Establishes or adjusts a renewal date or renewal cycle for
14credentials that are subject to periodic renewal under s. 440.08 (2) (a) 1n.
AB43,2453 15Section 2453 . 227.10 (2g) of the statutes is repealed.
AB43,2454 16Section 2454 . 227.11 (title) of the statutes is amended to read:
AB43,1343,18 17227.11 (title) Agency Extent to which chapter confers rule-making
18authority.
AB43,2455 19Section 2455 . 227.11 (3) of the statutes is repealed.
AB43,2456 20Section 2456 . 227.13 of the statutes is amended to read:
AB43,1344,3 21227.13 Advisory committees and informal consultations. An agency may
22use informal conferences and consultations to obtain the viewpoint and advice of
23interested persons with respect to contemplated rule making. An agency may also
24appoint a committee of experts, interested persons or representatives of the public
25to advise it with respect to any contemplated rule making. Such a The committee

1shall have advisory powers only. Whenever an agency appoints a committee under
2this section, the agency shall submit a list of the members of the committee to the
3joint committee for review of administrative rules.
AB43,2457 4Section 2457 . 227.26 (2) (im) of the statutes is repealed.
AB43,2458 5Section 2458 . 227.57 (11) of the statutes is amended to read:
AB43,1344,96 227.57 (11) Upon review of an agency action or decision affecting a property
7owner's use of the property owner's property
, the court shall accord no deference to
8the agency's interpretation of law if the agency action or decision restricts the
9property owner's free use of the property owner's property
.
AB43,2459 10Section 2459 . 229.46 (1) (ae) of the statutes is created to read:
AB43,1344,1211 229.46 (1) (ae) “Disability-owned business” means a business certified by the
12department of administration under s. 16.289 (3).
AB43,2460 13Section 2460. 229.46 (1) (ag) of the statutes is renumbered 229.46 (1) (bm) and
14amended to read:
AB43,1344,1615 229.46 (1) (bm) “Disabled veteran-owned Veteran-owned business" means a
16business certified by the department of administration under s. 16.283 (3).
AB43,2461 17Section 2461 . 229.46 (1) (aj) of the statutes is created to read:
AB43,1344,1918 229.46 (1) (aj) “Lesbian, gay, bisexual, or transgender-owned business” means
19a business certified by the department of administration under s. 16.288 (3).
AB43,2462 20Section 2462 . 229.46 (2) (intro.) of the statutes is amended to read:
AB43,1345,421 229.46 (2) (intro.) A person who is awarded a contract by a district shall agree,
22as a condition to receiving the contract, that at least 25 percent of the employees
23hired because of the contract will be minority group members, at least 5 percent of
24the employees hired because of the contract will be women, and at least 1 percent of
25the employees hired because of the contract will be employees of a disabled

1veteran-owned business, at least 1 percent of the employees hired because of the
2contract will be employees of a lesbian, gay, bisexual, or transgender-owned
3business, and at least 1 percent of the employees hired because of the contract will
4be employees of a disability-owned business,
if any of the following applies:
AB43,2463 5Section 2463 . 229.46 (3) (intro.) of the statutes is amended to read:
AB43,1345,156 229.46 (3) (intro.) At least 25 percent of the aggregate dollar value of contracts
7awarded by the district in the following areas shall be awarded to minority
8businesses, at least 5 percent of the aggregate dollar value of contracts awarded by
9the district in the following areas shall be awarded to women's businesses, and at
10least 1 percent of the aggregate dollar value of contracts awarded by the district in
11the following areas shall be awarded to disabled veteran-owned businesses, at least
121 percent of the aggregate dollar value of contracts awarded by the district in the
13following areas shall be awarded to lesbian, gay, bisexual, or transgender-owned
14businesses, and at least 1 percent of the aggregate dollar value of contracts awarded
15by the district in the following areas shall be awarded to a disability-owned business
:
AB43,2464 16Section 2464. 229.64 (1) of the statutes is amended to read:
AB43,1346,417 229.64 (1) The legislature determines that the provision of assistance by state
18agencies to a district under this subchapter, and any appropriation or grant of funds
19to a district under this subchapter or s. 16.09 or 20.505 (1) (bm) and the moral
20obligation pledge under s. 229.74 (7) serve a statewide public purpose by assisting
21the development, construction, improvement, repair, and maintenance of a
22professional
baseball park facilities in the state for providing recreation, by
23encouraging economic development and tourism, by preserving business activities
24within the state, by generating additional tax revenues that would not exist without
25the baseball park facilities,
by reducing unemployment, and by bringing needed

1capital into the state for the benefit and welfare of people throughout the state. The
2legislature determines that the taxes that may be imposed by a district under subch.
3V of ch. 77 are special taxes that are generated apart from any direct annual tax on
4taxable property.
AB43,2465 5Section 2465 . 229.65 (1) of the statutes is renumbered 229.65 (1s) and
6amended to read:
AB43,1346,127 229.65 (1s) “Baseball park facilities" means property, tangible or intangible,
8owned in whole or in substantial part, operated or leased by a district that is
9principally for the support or performance of professional baseball operations
10including parking lots, garages, restaurants, parks, concession facilities,
11entertainment facilities, and transportation facilities, and other functionally related
12or auxiliary facilities or structures.
AB43,2466 13Section 2466 . 229.65 (1m) of the statutes is created to read:
AB43,1346,1914 229.65 (1m) “Baseball park development” means property, other than baseball
15park facilities, tangible or intangible, operated by a professional baseball team on
16real estate leased or subleased from a district that is part of the operations of the
17professional baseball team for any legally permissible use, including retail facilities,
18hospitality facilities, commercial and residential facilities, health care facilities, and
19any other functionally related or auxiliary facilities or structures.
AB43,2467 20Section 2467. 229.65 (6m) of the statutes is created to read:
AB43,1346,2521 229.65 (6m) “Professional baseball team” means a baseball team that is a
22member of a league of professional baseball teams that have home stadiums
23approved by the league in at least 10 states and a collective average attendance for
24all league members of at least 10,000 persons per game over the 5 years immediately
25preceding the effective date of this subsection .... [LRB inserts date].
AB43,2468
1Section 2468. 229.67 of the statutes is amended to read:
AB43,1347,10 2229.67 Jurisdiction. A district's jurisdiction is any county with a population
3of more than 600,000 that is the site of baseball park facilities that are home to a
4professional baseball team
and all counties that are contiguous to that county and
5that are not already included in a different district. Once created, a district's
6jurisdiction is fixed even if the population of other counties within the district
7subsequently exceeds 600,000. Once a county is included in a district's jurisdiction
8the county remains in the district until the district is dissolved under s. 229.71. In
9this section, “contiguous" includes a county that touches another county only at a
10corner.
AB43,2469 11Section 2469. 229.68 (intro.) of the statutes is amended to read:
AB43,1347,20 12229.68 Powers of a district. (intro.) A district has all of the powers necessary
13or convenient to carry out the purposes and provisions of this subchapter, except that
14it may not incur any new obligations after the date on which the district may no
15longer collect the tax under s. 77.707 (1), 2021 stats., if such an obligation could not
16be paid out of the district's revenues or assets once the tax under s. 77.707 (1), 2021
17stats.,
is no longer collected. The district may not incur costs or any obligations for
18signage related to a change in naming rights for the baseball park facilities. In
19addition to all other powers granted by this subchapter, a district may do all of the
20following:
AB43,2470 21Section 2470 . 229.68 (4) (intro.) of the statutes is amended to read:
AB43,1347,2422 229.68 (4) (intro.) In connection with baseball park facilities and, with respect
23to par. (b), in connection with baseball park facilities and any baseball park
24development
:
AB43,2471 25Section 2471. 229.68 (4) (b) of the statutes is amended to read:
AB43,1348,3
1229.68 (4) (b) Acquire; lease, as lessor or lessee; authorize the sublease of; use;
2or transfer property; except that the district may not enter into any lease that does
3not receive the affirmative vote of a supermajority majority of the district board.
AB43,2472 4Section 2472. 229.68 (4) (d) of the statutes is amended to read:
AB43,1348,105 229.68 (4) (d) Enter into contracts, subject to such standards as may be
6established by the district board, which standards may include approval by a
7professional baseball team pursuant to the terms of a lease with the district
. The
8district board may award any such contract for any combination or division of work
9it designates and may consider any factors in awarding a contract, including price,
10time for completion of work and qualifications and past performance of a contractor.
AB43,2473 11Section 2473. 229.68 (9) of the statutes is amended to read:
AB43,1348,1612 229.68 (9) Maintain funds and invest the funds in any investment that the
13district board considers appropriate. A district may delegate the investment
14authority over any funds held in trust under this subchapter to an investment
15manager who is registered as an investment adviser under the federal Investment
16Advisers Act of 1940, 15 USC 80b-3.
AB43,2474 17Section 2474. 229.68 (11) of the statutes is amended to read:
AB43,1348,1918 229.68 (11) Promote, advertise and publicize its the baseball park facilities and
19related activities.
AB43,2475 20Section 2475. 229.68 (12) of the statutes is amended to read:
AB43,1348,2321 229.68 (12) Set standards governing the use of, and the conduct within, its the
22baseball park facilities in order to promote public safety and convenience and to
23maintain order.
AB43,2476 24Section 2476. 229.68 (13) of the statutes is amended to read:
AB43,1349,3
1229.68 (13) Establish and collect fees, and establish shared revenue
2arrangements or other charges for the use of its the baseball park facilities or for
3services rendered by the district.
AB43,2477 4Section 2477. 229.68 (15) of the statutes is repealed.
AB43,2478 5Section 2478 . 229.682 (1) of the statutes is amended to read:
AB43,1349,96 229.682 (1) Gifts and donations. The district board shall explore and consider
7ways to solicit and encourage gifts and donations for the development, construction,
8improvement, repair, and maintenance
of baseball park facilities and, to the extent
9feasible, implement means to solicit such gifts and donations.
AB43,2479 10Section 2479 . 229.682 (2) of the statutes is created to read:
AB43,1349,1211 229.682 (2) Prevailing wage. The construction of a baseball park facility that
12is financed in whole or in part by a district is subject to s. 66.0903.
AB43,2480 13Section 2480. 229.682 (3) of the statutes is amended to read:
AB43,1349,1714 229.682 (3) Special debt payments. The district shall pay, over a 3-year period
15beginning on October 1, 1996, any outstanding debt used to finance improvements
16to a baseball stadium that has been used as a home field by a major league
17professional baseball team in the district, up to a maximum amount of $1,500,000.
AB43,2481 18Section 2481. 229.682 (4) of the statutes is amended to read:
AB43,1349,2419 229.682 (4) Special ticket provisions. A major league professional baseball
20team that uses as its home field baseball park facilities that are constructed under
21this subchapter shall annually designate, for each county that is in the district's
22jurisdiction, at least one of the team's home games as a discount ticket day for that
23county, for which residents of that county may purchase discounted admission
24tickets.
AB43,2482 25Section 2482. 229.682 (7) of the statutes is amended to read:
AB43,1350,7
1229.682 (7) Youth sports organizations. A major league professional baseball
2team that uses as its home field baseball park facilities that are constructed under
3this subchapter shall make an annual contribution of at least $20,000 to youth sports
4organizations in this state for the purchase of equipment or the rental or
5maintenance of athletic facilities that are used by such organizations. The
6contributions that are required under this subsection may be made in cash or
7equipment.
AB43,2483 8Section 2483. 229.685 (1) of the statutes is amended to read:
AB43,1350,129 229.685 (1) The district board shall maintain a special fund into which it
10deposits only the revenue received from the department of revenue, that is derived
11from the taxes imposed under subch. V of ch. 77, 2021 stats., and may use this
12revenue only for purposes related to baseball park facilities.
AB43,2484 13Section 2484. 229.687 of the statutes is created to read:
AB43,1350,22 14229.687 Facilities enhancement fund. The district shall establish and
15maintain a facilities enhancement fund. The fund shall consist of all moneys received
16from the department of administration under s. 16.09. The district may use moneys
17deposited in the fund solely for purposes related to the development, construction,
18improvement, repair, and maintenance of baseball park facilities. Moneys deposited
19in the fund may not be used for the securitization or retirement of bonds. If any
20amount remains in the fund after the lease specified in s. 16.09 (3) (a) 1. is no longer
21in effect, the district board shall return the amount to the department of
22administration.
AB43,2485 23Section 2485 . 229.69 (4) of the statutes is amended to read:
Loading...
Loading...