Amendment SA1-AB100

AB100-SA1,27,2 183. Page 434, line 9: delete the material beginning with "Of" and ending with "281.16 (3)." on line 12.

AB100-SA1,27,3 184. Page 434, line 12: after that line insert:

AB100-SA1,27,4 " Section 730m. 20.866 (2) (tf) of the statutes is created to read:

AB100-SA1,27,12 20.866 (2) (tf) Natural resources; nonpoint source compliance. From the capital improvement fund, a sum sufficient for the department of natural resources to fund cost-sharing grants under s. 281.16 (5) for projects to assist agricultural facilities to comply with the performance standards, prohibitions, conservation practices and technical standards under s. 281.16 (3) and, before any rules promulgated under s. 281.16 (3) take effect, to fund nonpoint source water pollution abatement projects under s. 281.65. The state may contract public debt in an amount not to exceed $2,000,000 for this purpose.".

AB100-SA1,27,14 185. Page 438, line 21: delete "nonpoint source water pollution abatement" and substitute "soil and water".

AB100-SA1,27,17 186. Page 438, line 23: delete the material beginning with "nonpoint" and ending with "281.65" on line 24 and substitute "soil and water resource management under s. 92.14".

AB100-SA1,27,18 187. Page 438, line 25: increase the dollar amount by $1,000,000.

AB100-SA1,27,19 188. Page 443, line 6: increase the underscored dollar amount by $116,800.

AB100-SA1,27,21 189. Page 448, line 13: delete the material beginning with that line and ending with page 449, line 2.

AB100-SA1,27,22 190. Page 461, line 21: after "(am)," insert "(bn), (kg),".

AB100-SA1,27,23 191. Page 462, line 3: substitute "$7,100,000" for "$8,100,000".

AB100-SA1,28,1 192. Page 462, line 4: after that line insert:

AB100-SA1,28,2 " Section 766e. 23.0915 (1) (b) of the statutes is amended to read:

AB100-SA1,28,4 23.0915 (1) (b) General property development, $3,500,000 , except as provided in par. (bn).

AB100-SA1, s. 766f Section 766f. 23.0915 (1) (bn) of the statutes is created to read:

AB100-SA1,28,7 23.0915 (1) (bn) General property development, $2,500,000 beginning in fiscal year 1997-98 and ending in fiscal year 1999-2000.

AB100-SA1, s. 766h Section 766h. 23.0915 (1) (kg) of the statutes is created to read:

AB100-SA1,28,10 23.0915 (1) (kg) Open space protection, $2,000,000 beginning in fiscal year 1997-98 and ending in fiscal year 1999-2000.".

AB100-SA1,28,11 193. Page 463, line 13: before "(kr)" insert "(kg) or".

AB100-SA1,28,12 194. Page 463, line 14: before "(kr)" insert "(kg) or".

AB100-SA1,28,13 195. Page 464, line 10: before "(kr)" insert "(kg) or".

AB100-SA1,28,14 196. Page 464, line 11: before "(kr)" insert "(kg) or".

AB100-SA1,28,15 197. Page 467, line 2: after that line insert:

AB100-SA1,28,16 " Section 766w. 23.0925 of the statutes is created to read:

AB100-SA1,28,18 23.0925 Open space protection program. (1) Definition. In this section, "local governmental unit" means a city, village, town or county.

AB100-SA1,28,22 (2) Grants. (a) The department shall establish a program, beginning in fiscal year 1997-98, to expend from the appropriation under s. 20.866 (2) (tz) moneys for grants to local governmental units and to nonprofit conservation organizations under s. 23.096 to acquire conservation easements for the protection of open space.

AB100-SA1,29,3 (b) A conservation easement acquired with an open space protection grant awarded under this section or under s. 23.096 shall run with the land and shall bind all subsequent purchasers and any other successors to an interest in the land. An open space protection grant awarded under this section or s. 23.096 may be used to acquire a conservation easement in agricultural or forest land.

AB100-SA1,29,6 (4) Amount of grant. An open space protection grant awarded under this section or under s. 23.096 may not exceed 75% of the cost of acquiring the conservation easement.

AB100-SA1,29,10 (5) Limit on spending. Except as provided in s. 23.0915 (2), the department in each fiscal year may not expend from the appropriation under s. 20.866 (2) (tz) more than $2,000,000 for open space protection grants awarded under this section or under s. 23.096.".

AB100-SA1,29,11 198. Page 467, line 23: after that line insert:

AB100-SA1,29,12 " Section 766y. 23.0955 (3) of the statutes is created to read:

AB100-SA1,29,21 23.0955 (3) From the appropriation under s. 20.866 (2) (tz), the department may expend $100,000 to provide one grant to a nonprofit corporation that is organized in this state, that is described under section 501 (c) (3) or (4) of the Internal Revenue Code and that is exempt from taxation under section 501 (a) of the the Internal Revenue Code to provide training and technical assistance to local governmental units to assist them in the establishment of projects for the acquisition of conservation easements to protect open space. For purposes of s. 23.0915 (1) and this section, the moneys expended under this subsection shall be treated as moneys for open space protection.".

AB100-SA1,29,24 199. Page 468, line 3: after "30.277 (2) (a)." insert "The department may award grants to nonprofit conservation organizations to acquire conservation easements under s. 23.0925.".

AB100-SA1,30,1 200. Page 470, line 12: delete that line.

AB100-SA1,30,2 201. Page 490, line 23: after that line insert:

AB100-SA1,30,3 " Section 816c. 24.60 (1t) of the statutes is created to read:

AB100-SA1,30,8 24.60 (1t) "Investment grade" means having a rating of "BBB" or better by Standard and Poor's Corporation and a rating of "Baa" or better by Moody's Investor Service or, in the case of an investment that is ranked by only one of these rating agencies, having a rating of "BBB" or better by Standard and Poor's Corporation or a rating of "Baa" or better by Moody's Investor Service.

AB100-SA1, s. 816e Section 816e. 24.61 (2) (a) 1. of the statutes is amended to read:

AB100-SA1,30,12 24.61 (2) (a) 1. Bonds or notes of the United States or of an agency of the U. S. government, or bonds or notes guaranteed by the United States or an agency of the U. S. government.

AB100-SA1, s. 816g Section 816g. 24.61 (2) (a) 2. of the statutes is repealed.

AB100-SA1, s. 816j Section 816j. 24.61 (2) (a) 7m. of the statutes is created to read:

AB100-SA1,30,15 24.61 (2) (a) 7m. Real estate located in the United States.

AB100-SA1, s. 816L Section 816L. 24.61 (2) (a) 8. of the statutes is created to read:

AB100-SA1,30,18 24.61 (2) (a) 8. U. S., publicly traded, investment grade mortgage-backed securities or U.S., publicly traded, investment grade asset-backed securities.

AB100-SA1, s. 816n Section 816n. 24.61 (2) (a) 9. of the statutes is created to read:

AB100-SA1,30,23 24.61 (2) (a) 9. Privately placed U. S. mortgages or privately placed, U.S., mortgage-backed securities, if the mortgages or mortgage-backed securities are investment grade or, if unrated, are determined by the board to be of a quality that, if rated, would be investment grade.

AB100-SA1, s. 816p Section 816p. 24.61 (2) (a) 10. of the statutes is created to read:

AB100-SA1,31,3 24.61 (2) (a) 10. Debt obligations of U.S. corporations, whether publicly offered or privately placed, that are investment grade or, if unrated, are determined by the board to be of a quality that, if rated, would be investment grade.

AB100-SA1, s. 816r Section 816r. 24.61 (2) (a) 11. of the statutes is created to read:

AB100-SA1,31,7 24.61 (2) (a) 11. Financial contracts or other instruments that derive their value from the value or performance of securities under subd. 1. or 8. or of an index or group of securities under subd. 1. or 8.

AB100-SA1, s. 816t Section 816t. 24.61 (2) (a) 12. of the statutes is created to read:

AB100-SA1,31,11 24.61 (2) (a) 12. Other types of U. S. debt instruments, not described under subds. 1. to 10., determined by the board to be consistent with the standard of responsibility under par. (am).

AB100-SA1, s. 816v Section 816v. 24.61 (2) (am) of the statutes is created to read:

AB100-SA1,31,15 24.61 (2) (am) Standard of responsibility. The standard of responsibility applied to the board when it invests moneys belonging to the trust funds shall be all of the following:

AB100-SA1,31,19 1. To invest, sell, reinvest and collect income and rents with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a similar capacity, with the same resources, and familiar with like matters exercises in the conduct of an enterprise of a like character with like aims.

AB100-SA1,31,22 2. To diversify investments in order to minimize the risk of large losses, unless under the circumstances it is clearly prudent not to do so, considering each trust fund's portfolio as a whole at any point in time.

AB100-SA1,31,25 3. To administer assets of each trust or fund solely for the purpose of ensuring the fulfillment of the purpose of each trust or fund at a reasonable cost and not for any other purpose.".

AB100-SA1,32,2 202. Page 491, line 24: delete the material beginning with that line and ending with page 492, line 16.

AB100-SA1,32,3 203. Page 494, line 12: delete lines 12 and 13.

AB100-SA1,32,4 204. Page 497, line 11: delete lines 11 to 18.

AB100-SA1,32,5 205. Page 499, line 10: after that line insert:

AB100-SA1,32,7 " Section 852fb. 25.40 (1) (a) 17. of the statutes, as created by 1997 Wisconsin Act .... (this act), is repealed.".

AB100-SA1,32,8 206. Page 505, line 19: delete lines 19 to 21 and substitute:

AB100-SA1,32,9 " Section 883m. 25.46 (6r) of the statutes is repealed.".

AB100-SA1,32,10 207. Page 507, line 11: after that line insert:

AB100-SA1,32,11 " Section 898m. 25.46 (18r) of the statutes is created to read:

AB100-SA1,32,13 25.46 (18r) The fees received under s. 295.15 for environmental management.".

AB100-SA1,32,14 208. Page 531, line 19: delete lines 19 to 23 and substitute:

AB100-SA1,32,19 "29.092 (14) (c) Use of surcharge fees. The wildlife damage surcharge shall be collected as are other approval fees and the surcharge fees shall be deposited in the conservation fund to be used for the wildlife damage abatement program, the wildlife damage and claim program, for wildlife abatement and control grants under s. 29.595 and for removal activities by the department under s. 29.59.".

AB100-SA1,32,20 209. Page 558, line 7: after that line insert:

AB100-SA1,32,21 " Section 1105r. 29.33 (4m) (c) (intro.) of the statutes is amended to read:

AB100-SA1,33,3 29.33 (4m) (c) (intro.) A commercial fisher licensed under sub. (1) may fish by trawl for the total allowable commercial harvest of smelt, as set by rule by the department, on the waters of Green Bay at any time during nighttime hours the period beginning one hour after sunset and ending 3 hours after sunrise if all of the following apply:

AB100-SA1, s. 1105s Section 1105s. 29.33 (4m) (c) 2. of the statutes is amended to read:

AB100-SA1,33,6 29.33 (4m) (c) 2. The fishing occurs in the areas and during the seasons established by the department for the fishing of smelt on Green Bay.

AB100-SA1, s. 1105t Section 1105t. 29.33 (4m) (d) of the statutes is created to read:

AB100-SA1,33,10 29.33 (4m) (d) A commercial fisher licensed under sub. (1) may fish by trawl for the total allowable commercial harvest of smelt, as set by rule by the department, on Lake Michigan during any month except May if all of the following apply:

AB100-SA1,33,11 1. The smelt will be used or sold for human consumption.

AB100-SA1,33,13 2. The fishing occurs in the areas and during the hours established by the department for the fishing of smelt on Lake Michigan.

AB100-SA1, s. 1105u Section 1105u. 29.33 (4m) (e) of the statutes is created to read:

AB100-SA1,33,16 29.33 (4m) (e) The department shall establish by rule a harvest limit for alewife on the waters of Green Bay and Lake Michigan.".

AB100-SA1,33,17 210. Page 560, line 16: after that line insert:

AB100-SA1,33,19 " Section 1119b. 29.405 (1) (intro.) and (b) of the statutes are consolidated, renumbered 29.405 (1) and amended to read:

AB100-SA1,33,22 29.405 (1) In this section: (b) "Group , "group deer hunting party" means 2 or more hunters hunting in a group all using firearms or all using bows and arrows, each of whom holds an individual license to hunt deer.

AB100-SA1, s. 1119c Section 1119c. 29.405 (1) (a) of the statutes is repealed.

AB100-SA1, s. 1119d Section 1119d. 29.405 (2) (intro.) and (b) of the statutes are consolidated, renumbered 29.405 (2) and amended to read:

AB100-SA1,34,7 29.405 (2) Any member of a group deer hunting party who are all using firearms may kill a deer for another member of the group deer hunting party if both of the following conditions exist: (b) The the person for whom the deer is killed possesses a current unused deer carcass tag which is authorized for use on the deer killed.

AB100-SA1, s. 1119e Section 1119e. 29.405 (2) (a) of the statutes is repealed.

AB100-SA1, s. 1119f Section 1119f. 29.405 (2m) of the statutes is created to read: