Amendment ASA2-AB880

ASSEMBLY SUBSTITUTE AMENDMENT 2, To 1995 ASSEMBLY BILL 880

May 7, 1996 - Offered by Joint committee on Finance.

AB880-ASA2,1,8 An Act to repeal 15.435 (2), 20.255 (2) (t), 20.370 (5) (cw), 25.17 (1) (ag), 25.28, 70.395 (1g) and 70.395 (1m); to amend 20.566 (7) (v), 70.375 (6), 70.395 (1) (b) and 70.395 (2) (g) (intro.); to create 20.143 (1) (if), 20.143 (1) (ig), 20.143 (1) (v), 20.255 (2) (ta), 560.06 and 560.13 of the statutes; and to affect 1995 Wisconsin Act 27, section 9248 (2x); relating to: discontinuing the badger board and the badger fund, creating a mining economic development grant and loan program and a recreational grant program, granting rule-making authority and making an appropriation.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB880-ASA2, s. 1 Section 1. 15.435 (2) of the statutes, as affected by 1995 Wisconsin Act 27, is repealed.

AB880-ASA2, s. 2 Section 2. 20.143 (1) (if) of the statutes is created to read:

AB880-ASA2,1,14 20.143 (1) (if) Mining economic development grants and loans; repayments. All moneys received in repayment of grants or loans under s. 560.13 to be used for grants and loans under s. 560.13.

AB880-ASA2, s. 3 Section 3. 20.143 (1) (ig) of the statutes is created to read:

AB880-ASA2,2,4 20.143 (1) (ig) Mining economic development grants and loans. All moneys received under s. 70.395 (1) (b) for mining economic development grants and loans under s. 560.13.

AB880-ASA2, s. 4 Section 4. 20.143 (1) (v) of the statutes is created to read:

AB880-ASA2,2,8 20.143 (1) (v) Recreation grants; investment and local impact fund. Beginning in fiscal year 1996-97, from the investment and local impact fund, a sum sufficient equal to 20% of the interest earned by the fund to be used for grants under s. 560.06.

AB880-ASA2, s. 5 Section 5. 20.255 (2) (t) of the statutes is repealed.

AB880-ASA2, s. 6 Section 6. 20.255 (2) (ta) of the statutes is created to read:

AB880-ASA2,2,14 20.255 (2) (ta) School aids from the investment and local impact fund. Beginning in fiscal year 1996-97, from the investment and local impact fund, a sum sufficient equal to 20% of the interest earned by the fund for the payment of educational aids provided under ss. 121.08 and 121.09.

AB880-ASA2, s. 7 Section 7. 20.370 (5) (cw) of the statutes, as affected by 1995 Wisconsin Act 27, is repealed.

AB880-ASA2, s. 8 Section 8 . 20.566 (7) (v) of the statutes is amended to read:

AB880-ASA2,2,21 20.566 (7) (v) Investment and local impact fund. From the investment and local impact fund, all moneys received under s. 70.395 (1) (a), (1g) (b) and (2) (dc) and (dg), less the moneys appropriated under s. ss. 20.143 (1) (v), 20.255 (2) (ta) and 20.370 (2) (gr), to be disbursed under ss. 70.395 (2) (d) to (g), 144.855 (5) (a) and 144.838 (4).

AB880-ASA2, s. 9 Section 9. 25.17 (1) (ag) of the statutes is repealed.

AB880-ASA2, s. 10 Section 10. 25.28 of the statutes is repealed.

AB880-ASA2, s. 11 Section 11 . 70.375 (6) of the statutes is amended to read:

AB880-ASA2,3,11 70.375 (6) Indexing. For calendar year 1983 and corresponding fiscal years and thereafter, the The dollar amounts in sub. (5) and s. 70.395 (1), (1m) and (2) (d) 1m. and 5. a. and (2) (dg) shall be changed to reflect the percentage change between the gross national product deflator for June of the current year and the gross national product deflator for June of the previous year, as determined by the U.S. department of commerce as of December 30 of the year for which the taxes are due, except that no annual increase may be more than 10%. The revised amounts shall be rounded to the nearest whole number divisible by 100 and shall not be reduced below the amounts under sub. (5) on November 28, 1981. Annually, the department shall adopt any changes in dollar amounts required under this subsection and incorporate them into the appropriate tax forms.

AB880-ASA2, s. 12 Section 12. 70.395 (1) (b) of the statutes is amended to read:

AB880-ASA2,3,16 70.395 (1) (b) After the transfers under par. (a), the undistributed portion of the amount of taxes collected under ss. 70.38 to 70.39 in respect to mines not in operation on November 28, 1981, shall be deposited to the badger fund under s. 25.28 credited to the appropriation under s. 20.143 (1) (ig).

AB880-ASA2, s. 13 Section 13. 70.395 (1g) of the statutes is repealed.

AB880-ASA2, s. 14 Section 14. 70.395 (1m) of the statutes is repealed.

AB880-ASA2, s. 15 Section 15. 70.395 (2) (g) (intro.) of the statutes is amended to read:

AB880-ASA2,3,22 70.395 (2) (g) (intro.) The board may distribute the revenues received under subs. sub. (1) (a) and (1g) (b) or proceeds thereof in accordance with par. (h) for the following purposes, as the board determines necessary:

AB880-ASA2, s. 16 Section 16. 560.06 of the statutes is created to read:

AB880-ASA2,4,11 560.06 Grants for recreation. From the appropriation under s. 20.143 (1) (v), the department may make grants to cities, towns, villages and counties that apply for the grants. Grants may be made for capital costs, but not operating or maintenance costs, for recreational facilities or other recreational purposes, including picnic and camping grounds, hiking trails, trail-side campsites and shelters, cross-country ski trails, bridle trails, nature trails, snowmobile trails and areas, beaches and bathhouses, toilets, shelters, wells and pumps, fireplaces, tennis courts, softball diamonds, baseball diamonds, soccer fields, playgrounds and playground equipment and for purchases of land for any of these purposes. The department shall promulgate rules establishing the criteria under which the grants may be made. The department may not promulgate rules that, for the purpose of making grants, take into account the equalized valuation of, or any income data relative to, the city, village, town or county that applies for a grant.

AB880-ASA2, s. 17 Section 17. 560.13 of the statutes is created to read:

AB880-ASA2,4,14 560.13 Mining economic development grants and loans. (1) In this section:

AB880-ASA2,4,15 (a) "Area affected by mining" means any of the following:

AB880-ASA2,4,17 1. An area in which public and private infrastructure are or were provided to support mining activity.

AB880-ASA2,4,19 2. An area in which public funds are or were expended for costs associated with mining activity.

AB880-ASA2,4,21 3. An area in which economic diversification is necessary to reduce economic harm resulting from the cessation of mining activities.

AB880-ASA2,4,22 (b) "Mining" means metallic mineral mining.

AB880-ASA2,4,25 (2) (a) Subject to par. (b), beginning on July 1, 1998, the department may award a grant or loan to an eligible recipient to finance costs associated with the establishment or expansion of a business in an area affected by mining.

AB880-ASA2,5,5 (b) The department may not award a grant or loan under par. (a) unless the business to be established or expanded with the proceeds is not solely dependent on mining activity and the department determines that the business will likely provide stable, long-term employment opportunities after the cessation of the mining activity.

AB880-ASA2,5,9 (3) The department shall promulgate rules related to eligibility for a grant or loan under this section, maximum grant and loan amounts that may be awarded, repayment requirements, reporting requirements and any other matters necessary for the administration of the program under this section.

AB880-ASA2, s. 18 Section 18. 1995 Wisconsin Act 27, section 9248 (2x) is repealed.

AB880-ASA2, s. 19 Section 19 . Nonstatutory provisions.

AB880-ASA2,5,17 (1) Badger fund transfer and lapse. On the effective date of this subsection, there is transferred to the fund under section 70.395 (2) of the statutes from the fund under section 25.28 of the statutes an amount equal to the balance in the fund under section 25.28 of the statutes on January 1, 1996. On July 31, 1996, there is transferred to the property tax relief fund the balance in the fund under section 25.28 of the statutes, minus the balance in that fund on January 1, 1996.

AB880-ASA2, s. 20 Section 20. Effective date.

AB880-ASA2,5,20 (1) This act takes effect on August 1, 1996, or on the day after publication, whichever is later.

AB880-ASA2,5,21 (End)