AB921,1,6
1An Act to amend 20.866 (2) (t) and 20.867 (3) (x) of the statutes; and
to affect
22023 Wisconsin Act 19, section
9104 (1) (i) 1. em. and es.,
2023 Wisconsin Act
319, section
9104 (1) (i) 3. ed., eh., ep. and et.,
2023 Wisconsin Act 19, section
9104
4(1) (i) 4. fm. and fs. and
2023 Wisconsin Act 19, section
9104 (1) (i) 4g.;
relating
5to: amendments to the 2023-25 capital budget for University of Wisconsin
6System projects, granting bonding authority, and making an appropriation.
Analysis by the Legislative Reference Bureau
This bill amends the 2023-25 Authorized State Building Program to add the
following projects for the University of Wisconsin System:
1. UW–Madison: demolition of an engineering facility and construction of a
replacement engineering building.
2. UW–Madison: Kronshage-Jorns-Humphrey Residence Halls additions and
renovations.
3. UW–Whitewater: Winther/Heide Hall entry additions and renovations.
4. Systemwide: demolition projects.
5. Systemwide: central plants and utility distribution renovations.
In addition to moneys contributed from other funding sources, such as gifts and
program revenues, the bill transfers $423,273,000 from the general fund to the
capital improvement fund for the purpose of funding these projects, except that the
UW–Madison Kronshage-Jorns-Humphrey Residence Halls project is funded solely
from program revenue supported borrowing and program revenues.
For further information see the state fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB921,2,153
20.866
(2) (t)
University of Wisconsin; self-amortizing facilities. From the
4capital improvement fund, a sum sufficient for the board of regents of the University
5of Wisconsin System to acquire, construct, develop, enlarge, or improve university
6self-amortizing educational facilities and facilities to support such facilities. The
7state may contract public debt in an amount not to exceed $2,740,855,400 for this
8purpose. The state may contract additional public debt in an amount up to
9$435,866,700 for this purpose. The state may contract additional public debt in an
10amount up to $83,875,000 for this purpose. The state may contract additional public
11debt in an amount up to $164,922,000 for this purpose.
The state may contract
12additional public debt in an amount up to $110,219,000 for this purpose. Of those
13amounts, $4,500,000 is allocated only for the University of Wisconsin-Madison
14indoor practice facility for athletic programs and only at the time that ownership of
15the facility is transferred to the state.
AB921,3,718
20.867
(3) (x)
Segregated revenue supported building program projects;
19inflationary project cost overruns. From the capital improvement fund, as a
20continuing appropriation, all moneys transferred under
2023 Wisconsin Act 19,
21section
9251 (1),
and 2023 Wisconsin Act .... (this act), section 9251 (1), to fund the
1projects enumerated under
2023 Wisconsin Act 19, section
9104 (1),
including the
2project created by 2023 Wisconsin Act .... (this act), section 4, in the amounts
3designated as “segregated revenue” in that section for those projects; to fund the
4other expenditures and allocations designated as “segregated revenue” under
2023
5Wisconsin Act 19, section
9104 (4) to (13); and to offset building program project
6budget cost overruns caused by inflation under s. 13.48 (2) (L) in a total amount up
7to $20,000,000.
AB921,9104
3Section 9104.
Nonstatutory provisions; Building Commission.
AB921,5,64
(1)
UW-System projects. In the 2023-25 Authorized State Building Program,
5the appropriate totals are adjusted to reflect the changes made by
Sections 3 to 6 of
6this act.
AB921,5,108
(1)
Transfer to the capital improvement fund. There is transferred from the
9general fund to the capital improvement fund $423,273,000 during the 2023-25
10fiscal biennium to fund the projects enumerated under
Section 4 of this act.
