23.33 (2) (m) Renewals; agents. For the renewal of all-terrain vehicle registration certificates for public use or the renewal of commercial all-terrain vehicle registration certificates, the department may renew the certificates directly or may appoint agents in the manner specified in par. (i) 2. or 3. The department may establish an expedited service to be provided by the department and these agents to renew these types of all-terrain vehicle registration certificates.
9,680
Section
680. 23.33 (2) (n) of the statutes is created to read:
23.33 (2) (n) Renewals; fees. In addition to the renewal fee under par. (c), (d) or (dm), the department may authorize that a supplemental renewal fee of $3 be collected for the renewal of all-terrain vehicle registration certificates that are renewed in any of the following manners:
1. By agents appointed under par. (m).
2. By the department using the expedited service.
9,681
Section
681. 23.33 (2) (o) of the statutes is created to read:
23.33 (2) (o) Renewals; remittal of fees. An agent appointed under par. (m) shall remit to the department $2 of each $3 fee collected under par. (n). Any fees remitted to or collected by the department under par. (L) or (n) shall be credited to the appropriation account under s. 20.370 (9) (hu).
9,681g
Section 681g. 23.33 (4) (c) (title) of the statutes is amended to read:
23.33 (4) (c) (title) Exceptions; municipal, state and utility operations; races and derbies; land surveying operations.
9,681h
Section 681h. 23.33 (4) (c) 1m. of the statutes is created to read:
23.33 (4) (c) 1m. Paragraphs (a) and (b) do not apply to the operator of an all-terrain vehicle who is engaged in land surveying operations, if safety does not require strict adherence to the restrictions under pars. (a) and (b).
9,682
Section
682. 23.33 (5) (d) of the statutes is amended to read:
23.33 (5) (d) Safety certification program established. The department shall establish or supervise the establishment of programs a program of instruction on all-terrain vehicle laws, including the intoxicated operation of an all-terrain vehicle law, regulations, safety and related subjects. The department may charge or authorize shall establish by rule an instruction fee
for this program. An instructor conducting the program of instruction under this paragraph shall collect the fee from each person who receives instruction. The department may determine the portion of this fee, which may not exceed 50%, that the instructor may retain to defray expenses incurred by the instructor in conducting the program. The instructor shall remit the remainder of the fee or, if nothing is retained, the entire fee to the department.
9,684g
Section 684g. 23.43 of the statutes is created to read:
23.43 Watershed management center. From the appropriation under s. 20.370 (4) (aq), the department shall annually provide to the board of regents of the University of Wisconsin System $150,000 to establish and operate the watershed management center under s. 36.25 (29g).
9,684m
Section 684m. 23.47 of the statutes is created to read:
23.47 Payments for department of tourism programs and activities. The department of natural resources may not expend any moneys appropriated to the department of natural resources under s. 20.370 to pay, in whole or in part, for a program operated, or an activity conducted, by the department of tourism.
9,685
Section
685. 23.50 (1) of the statutes is amended to read:
23.50 (1) The procedure in ss. 23.50 to 23.85 applies to all actions in circuit court to recover forfeitures, penalty assessments, jail assessments, applicable weapons assessments, applicable environmental assessments, applicable wild animal protection assessments, applicable natural resources assessments, applicable fishing shelter removal assessments, applicable snowmobile registration restitution payments and applicable natural resources restitution payments for violations of ss. 77.09, 134.60, 167.10 (3), 167.31 (2), 281.48 (2) to (5), 283.33, 285.57 (2), 285.59 (2), (3) (c) and (4), 287.07, 287.08, 287.81 and 299.64 (2), subch. VI of ch. 77, this chapter and chs. 26 to 31 and of ch. 350, and any administrative rules promulgated thereunder, violations specified under s. 285.86, violations of rules of the Kickapoo reserve management board under s. 41.41 (7) (k) or violations of local ordinances enacted by any local authority in accordance with s. 23.33 (11) (am) or 30.77.
9,686
Section
686. 23.51 (6) of the statutes is amended to read:
23.51 (6) "Penalty assessment" means the penalty assessment imposed by s. 165.87 757.05.
9,687
Section
687. 23.65 (1) of the statutes is amended to read:
23.65 (1) When it appears to the district attorney that a violation of s. 134.60, 281.48 (2) to (5), 283.33, 285.57 (2), 285.59 (2), (3) (c) and (4), 287.07, 287.08, 287.81 or 299.64 (2), this chapter or ch. 26, 27, 28, 29, 30, 31 or 350, or any administrative rule promulgated pursuant thereto, or a violation specified under s. 285.86 has been committed the district attorney may proceed by complaint and summons.
9,688
Section
688. 23.65 (3) of the statutes is amended to read:
23.65 (3) If a district attorney refuses or is unavailable to issue a complaint, a circuit judge, after conducting a hearing, may permit the filing of a complaint if he or she finds there is probable cause to believe that the person charged has committed a violation of s. 287.07, 287.08 or 287.81, this chapter or ch. 26, 27, 28, 29, 30, 31 or 350 or a violation specified under s. 285.86. The district attorney shall be informed of the hearing and may attend.
9,689
Section
689. 24.04 (2) of the statutes is amended to read:
24.04 (2) Disbursements. All expenses necessarily incurred in caring for and selling public lands shall be deducted from the gross receipts of the fund to which the proceeds of the sale of the land will be added. Expenses necessarily incurred in caring for public lands may include expenses for reforestation, erosion and insect control, submerged log monitoring, surveys, appraisals, soil surveys and soil mapping activities and other land management practices that serve to protect or enhance the interests of the beneficiaries of the trust funds.
9,689b
Section 689b. 24.61 (2) (a) (title) of the statutes is amended to read:
24.61 (2) (a) (title) Authorized investments by board.
9,689d
Section 689d. 24.61 (2) (a) 3. of the statutes is amended to read:
24.61 (2) (a) 3. Bonds and notes of this state.
9,689fh
Section 689fh. 24.61 (2) (b) of the statutes is amended to read:
24.61 (2) (b) Deposited with state treasurer. All bonds, notes and other securities so purchased under par. (a) shall be deposited with the state treasurer.
9,689j
Section 689j. 24.61 (2) (c) of the statutes is created to read:
24.61 (2) (c) Delegation of investment authority to investment board. The board may delegate to the investment board the authority to invest part or all of the moneys belonging to the trust funds. If the board delegates the authority, the investment board may invest the moneys belonging to the trust funds in any manner authorized for the investment of any funds specified in s. 25.17 (1).
9,689L
Section 689L. 24.62 (1) of the statutes is amended to read:
24.62 (1) Except as authorized in sub. (2), the board shall deduct its expenses incurred in administering investments and loans under s. 24.61 from the gross receipts of the fund to which the interest and income of the investment or loan will be added. If the board delegates to the investment board the authority to invest part or all of the moneys belonging to the trust funds, the investment board shall deduct its expenses incurred in administering investments under s. 24.61 from the gross receipts of the fund to which the interest and income of the investment will be added.
9,690
Section
690. 24.63 (4) of the statutes is amended to read:
24.63 (4) Repayment before due date permitted. Any borrower after March 15 and prior to August 1 of any year may repay one or more instalments of a state trust fund loan in advance of the due date, and all interest upon such advance payment shall thereupon terminate. The board may charge a borrower who repays one or more instalments of a loan a fee to cover any administrative costs incurred by the board in originating and servicing the loan.
9,691
Section
691. 24.64 of the statutes is created to read:
24.64 Reimbursements for certain administrative services. The board shall reimburse the department of administration, from the appropriation account under s. 20.507 (1) (h), for the costs of administrative services provided by the department of administration and other state agencies to the board.
9,694b
Section 694b. 24.78 of the statutes is amended to read:
24.78 Distribution of the common school fund income. Under article X, section 5, of the constitution the common school fund income shall be distributed to the school districts among the several towns, villages and cities of the state for the support of common schools therein, as provided in ss. 44.72 (2) (a) and s. 43.70.
9,694c
Section 694c. 25.156 (2) of the statutes is amended to read:
25.156 (2) The investment board shall employ an executive director, who shall serve outside the classified service. The executive director shall be qualified by training and prior experience to manage, administer and direct the investment of funds. The investment board shall fix the compensation of the executive director,
and may award bonus compensation as authorized under sub. (6).
9,694g
Section 694g. 25.156 (6) of the statutes is repealed.
9,694n
Section 694n. 25.156 (7) of the statutes is repealed.
9,694r
Section 694r. 25.16 (7) of the statutes is amended to read:
25.16 (7) The executive director shall fix the compensation of all employes appointed by the executive director, subject to restrictions set forth in the compensation plan under s. 230.12 or any applicable collective bargaining agreement in the case of employes in the classified service,
but the investment board may provide for bonus compensation to employes in the unclassified service as authorized under s. 25.156 (6).
9,694s
Section 694s. 25.16 (8) of the statutes is created to read:
25.16 (8) The executive director shall assign an investment professional to assist the board of commissioners of public lands in establishing and maintaining investment objectives with respect to the investment of the assets of the agricultural college fund, the common school fund, the normal school fund and the university fund. An amount equal to the cost of any services rendered to the board of commissioners of public lands under this subsection shall be deducted from the gross receipts of the fund to which the moneys invested belong and shall be credited to the appropriation account under s. 20.536 (1) (k).
9,694w
Section 694w. 25.165 (1) of the statutes is amended to read:
25.165 (1) There is created in the investment board an internal audit subunit, under the supervision of the internal auditor. The internal auditor shall report directly to the board and, subject to authorization under s. 16.505, shall appoint all employes necessary to carry out the duties of the internal auditor. The internal auditor shall appoint all employes outside the classified service, except blue collar and clerical employes. The internal auditor shall fix the compensation of all employes appointed by the internal auditor, subject to restrictions set forth in the compensation plan under s. 230.12 or any applicable collective bargaining agreement in the case of employes in the classified service,
but the investment board may provide for bonus compensation to employes in the unclassified service as authorized under s. 25.156 (6).
9,695b
Section 695b. 25.17 (1) (ah) of the statutes is created to read:
25.17 (1) (ah) Agricultural college fund (s. 24.82), but subject to the terms of delegation under s. 24.61 (2) (c);
9,695g
Section 695g. 25.17 (1) (ai) of the statutes is created to read:
25.17 (1) (ai) Air quality improvement fund (s. 25.97);
9,695m
Section 695m. 25.17 (1) (ax) of the statutes is created to read:
25.17 (1) (ax) Common school fund (s. 24.76), but subject to the terms of delegation under s. 24.61 (2) (c);
9,697d
Section 697d. 25.17 (1) (gf) of the statutes is created to read:
25.17 (1) (gf) Health insurance risk-sharing plan fund (s. 25.55);
9,697m
Section 697m. 25.17 (1) (i) of the statutes is amended to read:
25.17 (1) (i) Information technology investment VendorNet fund (s. 25.61);
9,698
Section
698. 25.17 (1) (ka) of the statutes is created to read:
25.17 (1) (ka) Natural resources land endowment fund (s. 25.293);
9,698c
Section 698c. 25.17 (1) (kd) of the statutes is created to read:
25.17 (1) (kd) Normal school fund (s. 24.80), but subject to the terms of delegation under s. 24.61 (2) (c);
9,698m
Section 698m. 25.17 (1) (tc) of the statutes is created to read:
25.17 (1) (tc) Tobacco control fund (s. 25.66);
9,699g
Section 699g. 25.17 (1) (xLm) of the statutes is created to read:
25.17 (1) (xLm) University fund (s. 24.81), but subject to the terms of delegation under s. 24.61 (2) (c);
9,699m
Section 699m. 25.17 (1) (xm) of the statutes is created to read:
25.17 (1) (xm) Utility public benefits fund (s. 25.96);
9,699s
Section 699s. 25.17 (1) (zm) of the statutes is amended to read:
25.17 (1) (zm) All other funds of the state or of any state department or institution, except funds which under article X of the constitution are controlled and invested by the board of commissioners of public lands, funds which are required by specific provision of law to be controlled and invested by any other authority, and moneys in the university University of Wisconsin trust funds, and in the trust funds of the state universities.
9,701m
Section 701m. 25.186 of the statutes is created to read:
25.186 Broker-dealers located in this state. (1) In this section:
(a) "Broker-dealer" has the meaning given in s. 551.02 (3).
(b) "Securities trading brokerage commission" means any commission or fee paid on or for a brokered security transaction, a purchase of a security or any other kind of trade of a security.
(c) "Security" has the meaning given in s. 551.02 (13).
(2) (a) Of the total funds that are expended by the board for securities trading brokerage commissions in any fiscal year, the board shall pay at least 5% of the total funds in securities trading brokerage commissions to broker-dealers that are licensed under s. 551.31, that are headquartered in this state and whose principal business operations are located in this state.
(b) For the purpose of satisfying the requirement under par. (a), the board may not include any securities trading brokerage commissions paid to minority financial advisers and minority investment firms under s. 25.185.
(3) Annually, no later than September 30, the board shall submit a report to the department of administration documenting the amount of moneys expended in the preceding fiscal year by the board for securities trading brokerage commissions and the amount of moneys paid in the preceding fiscal year for securities trading brokerage commissions to broker-dealers under sub. (2) (a).
9,701p
Section 701p. 25.187 of the statutes is created to read:
25.187 Operating expenditures. (1) In this section, "operating expenditures" include all costs and expenses incurred by the investment board for the purpose of operating the board and managing the assets of each fund for which the board has management responsibility, but does not include costs or expenses incurred under s. 25.18 (1) (a), (c), (f) or (m) or (2) (d) or (e) or 40.04 (3) (intro.).
(2) (a) Subject to pars. (b) and (c), on July 1 and January 1 of each year, the investment board shall estimate the amounts required for its operating expenditures for the next 6-month period and shall assess each fund for which the board has management responsibility for its share of the estimated operating expenditures in an equitable manner. The board shall pay the assessment from the current income of each fund, unless an appropriation is made for payment of the assessment, in which case the assessment shall be paid from that appropriation account.
(b) If the estimate of the amounts required for the board's operating expenditures for a 6-month period differs from its actual operating expenditures, the board shall adjust the estimate of the amounts required for its operating expenditures for the next 6-month period to reflect the difference between its estimated operating expenditures and actual operating expenditures for the prior 6-month period.
(c) 1. Except as provided in subd. 2., the total amount that the board may assess the funds for which the board has management responsibility for any fiscal year may not exceed the greater of $17,720,500 or 0.0275% of the total market value of the assets of the funds on April 30 of the preceding fiscal year.
2. In addition to the amount assessed under subd. 1., the board may assess the funds for which the board has management responsibility for any fiscal year up to an additional 0.0025% of the total market value of the assets of the funds on April 30 of the preceding fiscal year if the board notifies the joint committee on finance in writing of the proposed assessment. If the cochairpersons of the committee do not notify the board that the committee has scheduled a meeting for the purpose of reviewing the proposed assessment within 14 working days after the date of the board's notification, the board may make the assessment. If, within 14 working days after the date of the board's notification, the cochairpersons of the committee notify the board that the committee has scheduled a meeting for the purpose of reviewing the proposed assessment, the board may make the assessment only upon approval of the committee.
