There are no alternative means to address the need for revisions as presented above.
4. Detailed explanation of statutory authority for the rule (including the statutory citation and language):
2019 Wisconsin Act 9, biennial budget bill, repealed ch. 45, subch. III, Stats., thus eliminating the Department’s administrative requirements and authority relating to the Veteran’s Housing Loan Program. Section 45.03 (2), Stats., (in part) provides that the Secretary may promulgate rules necessary to carry out the purposes of this chapter and the powers and duties conferred upon it. Section 227.29 (4), Stats., (in part) requires the Department to review enactments and determine whether the enactment necessitates rulemaking, and if so, shall address the consequence within 6 months after the effective date of the enactment. 5. Estimate of amount of time that state employees will spend developing the rule and of other resources necessary to develop the rule:
100 hours
6. List with description of all entities that may be affected by the proposed rule:
None.
7. Summary and preliminary comparison with any existing or proposed federal regulation that is intended to address the activities to be regulated by the proposed rule:
None.
8. Anticipated economic impact of implementing the rule (note if the rule is likely to have a significant economic impact on small businesses):
The department anticipates that the proposed rules will have no economic impact, nor have an effect upon small businesses.
