AB61-ASA1-AA4,16,2421
281.58
(9) (b) A municipality seeking financial assistance, except for a
22municipality seeking a capital cost loan, for a project under
this section and s. 281.59 23the clean water fund program shall complete an environmental analysis sequence
24as required by the department by rule.
AB61-ASA1-AA4,17,4
1281.58
(9) (c) If a municipality is serviced by more than one sewerage district
2for wastewater pollution abatement, each service area of the municipality shall be
3considered a separate municipality for purposes of obtaining financial assistance
4under
this section and s. 281.59 the clean water fund program.
AB61-ASA1-AA4,17,156
281.58
(9) (e) If the governor's recommendation, as set forth in the executive
7budget bill, for the amount under s. 281.59
(3) (d)
(3e) (b), the amount available under
8s. 20.866 (2) (tc) or the amount available under s. 281.59 (4) (f) for a biennium is 85%
9or less of the amount of present value subsidy, general obligation bonding authority
10or revenue bonding authority, respectively, requested for that biennium in the
11biennial finance plan submitted under s. 281.59 (3) (bm) 1., the department shall
12inform municipalities that, if the governor's recommendations are approved, clean
13water fund
program assistance during a fiscal year of that biennium will only be
14available to municipalities that submit financial assistance applications by the June
1530 preceding that fiscal year.
AB61-ASA1-AA4,17,1817
281.58
(9) (f) The fees collected under par. (d) shall be credited to the
clean
18water environmental improvement fund.
AB61-ASA1-AA4,17,2220
281.58
(9m) (c) The department may approve an application under par. (a) in
21a year only after the amount under s. 281.59
(3) (d)
(3e) (b) for the biennium in which
22that year falls has been approved by the legislature under s. 281.59
(3) (d) (3e) (b).
AB61-ASA1-AA4,18,324
281.58
(9m) (e) 1. Except as provided under par. (f) and sub. (13), if a sufficient
25amount of subsidy is available under s. 281.59
(3) (d)
(3e) (b) for the municipality's
1project, based on the calculation under s. 281.59
(3) (i) (3e) (f), when the department
2approves the application under par. (a), the department of administration shall
3allocate that amount to the project.
AB61-ASA1-AA4,18,74
2. If a sufficient amount of subsidy is not available under s. 281.59
(3) (d) (3e)
5(b) for the municipality's project when the department approves the application
6under subd. 1., the department shall place the project on a list for allocation when
7additional subsidy becomes available.
AB61-ASA1-AA4,18,149
281.58
(9m) (f) (intro.) If the amount approved under s. 281.59
(3) (d) (3e) (b),
10the amount available under s. 20.866 (2) (tc) or the amount available under s. 281.59
11(4) (f) for a biennium is 85% or less of the amount of present value subsidy, general
12obligation bonding authority or revenue bonding authority, respectively, requested
13for that biennium in the biennial finance plan submitted under s. 281.59 (3) (bm) 1.,
14all of the following apply:
AB61-ASA1-AA4,18,1816
281.58
(9m) (g) In allocating subsidy under this subsection, the department of
17administration shall adhere to the amount approved by the legislature for each
18biennium under s. 281.59
(3) (d) (3e) (b).
AB61-ASA1-AA4,18,2320
281.58
(12) (a) (intro.) The types of projects for which municipalities may
21receive loans under
this section and s. 281.59 the clean water fund program shall be
22classified as follows for the purpose of setting the percentage of market interest rates
23on loans funding such projects:
AB61-ASA1-AA4,19,4
1281.58
(12) (c) 1. The percentage of market interest rates established shall, to
2the extent possible, fully allocate the amount of public debt authorized under s.
320.866 (2) (tc), the amount authorized under s. 281.59
(3) (d) (3e) (b) and the amount
4of revenue obligations authorized under s. 281.59 (4) (f).
AB61-ASA1-AA4,19,106
281.58
(13) (b) (intro.) A municipality with an application that is approved
7under sub. (9m) is eligible for financial hardship assistance for the project costs that
8are eligible under
this section and s. 281.59 the clean water fund program, except for
9costs to which sub. (8) (b), (c), (f) or (h) applies, if the municipality meets all of the
10following criteria:
AB61-ASA1-AA4,19,1612
281.58
(13m) Minority business development and training program. (a) The
13department shall make grants to projects that are eligible for financial assistance
14under
this section and s. 281.59 the clean water fund program and that are identified
15as being part of the minority business development and training program under s.
1666.905 (2) (b).
AB61-ASA1-AA4,19,2117
(b) Grants provided under this subsection are not included for the purposes of
18determining under sub. (8) (i) the amount that a municipality may receive for
19projects under
this section and s. 281.59 the clean water fund program. Grants
20awarded under this subsection are not considered for the purposes of sub. (9m) (e)
21or s. 281.59
(3) (d) (3e) (b).
AB61-ASA1-AA4,19,2523
281.58
(14) (b) (intro.) As a condition of receiving financial assistance under
24this section and s. 281.59 the clean water fund program, a municipality shall do all
25of the following:
AB61-ASA1-AA4,20,3
2281.59 (title)
Clean water
Environmental improvement fund program;
3financial management.
AB61-ASA1-AA4,20,76
281.59
(1) (ag) "Clean water fund program" means the program administered
7under s. 281.58, with financial management provided under this section.
AB61-ASA1-AA4,20,129
281.59
(1) (b) "Market interest rate" means the interest at the effective rate of
10a revenue obligation issued by the state to fund a
project loan or a portion of a
project 11loan
under this section and s. 281.58 for a project under the clean water fund
12program.
AB61-ASA1-AA4,20,1614
281.59
(1) (cm) "Safe drinking water loan program" means the program
15administered under s. 281.61, with financial management provided under this
16section.
AB61-ASA1-AA4,20,2118
281.59
(1) (d) "Subsidy" means the amounts provided
by the clean water from
19the environmental improvement fund to
clean water fund program and safe drinking
20water loan program projects
receiving financial assistance under this section and s.
21281.58 for the following purposes:
AB61-ASA1-AA4,20,2322
1. To reduce the interest rate of clean water fund
program and safe drinking
23water loan program loans from market rate to a subsidized rate.
AB61-ASA1-AA4,20,2524
2.
To For the clean water fund program only, to provide for financial hardship
25assistance, including grants.
AB61-ASA1-AA4,21,42
281.59
(1m) Establishment of programs. (a) There is established a clean
3water fund program, administered under s. 281.58, with financial management
4provided under this section.
AB61-ASA1-AA4,21,65
(b) There is established a safe drinking water loan program, administered
6under s. 281.61, with financial management provided under this section.
AB61-ASA1-AA4,21,98
281.59
(2) (a) Administer its responsibilities under this section and
s. ss. 281.58
9and 281.61.
AB61-ASA1-AA4,21,1211
281.59
(2) (b) Cooperate with the department in administering the clean water
12fund program
and the safe drinking water loan program.
AB61-ASA1-AA4,21,1614
281.59
(2) (c) Accept and hold any letter of credit from the federal government
15through which the state receives federal capitalization grant payments and
16disbursements to the
clean water environmental improvement fund.
AB61-ASA1-AA4,21,1918
281.59
(2m) (title)
Investment management;
clean water environmental
19improvement fund.
AB61-ASA1-AA4,21,2421
281.59
(2m) (a) 1. Subject to par. (b), direct the investment board under s. 25.17
22(2) (d) to make any investment of the
clean water
environmental improvement fund,
23or in the collection of the principal and interest of all moneys loaned or invested from
24such that fund.
AB61-ASA1-AA4,22,2
1281.59
(2m) (b) 1. The action provides a financial benefit to the
clean water 2environmental improvement fund.
AB61-ASA1-AA4,22,54
281.59
(2m) (b) 2. The action does not contradict or weaken the purposes of the
5clean water environmental improvement fund.
AB61-ASA1-AA4,22,87
281.59
(3) (a) 1. An estimate of wastewater treatment
and safe drinking water 8needs of the state for the 4 fiscal years of the next 2 biennia.
AB61-ASA1-AA4,22,1210
281.59
(3) (a) 2. The total amount of financial assistance planned to be provided
11or committed
to municipalities for projects
under the clean water fund program and
12the safe drinking water loan program during the 4 fiscal years of the next 2 biennia.
AB61-ASA1-AA4,22,1915
281.59
(3) (a) 5. Audited financial statements of the past operations and
16activities of the
program under this section and s. 281.58, the estimated fund capital
17available in each of the next 4 fiscal years, and the projected clean water fund balance
18for each of the next 20 years given existing obligations and financial conditions clean
19water fund program and the safe drinking water loan program.
AB61-ASA1-AA4,22,2521
281.59
(3) (a) 6. An amount equal to the estimated present value of subsidies
22for all clean water fund
program loans and grants expected to be made for the
23wastewater treatment projects listed in the biennial needs list under s. 281.58 (3m),
24discounted at a rate of 7% per year to the first day of the biennium for which the
25biennial finance plan is prepared.
AB61-ASA1-AA4,23,52
281.59
(3) (a) 6m. An amount equal to the estimated present value of subsidies
3for all loans under the safe drinking water loan program to be made during the
4biennium for which the biennial finance plan is prepared, discounted at a rate of 7%
5per year to the first day of that biennium.
AB61-ASA1-AA4,23,87
281.59
(3) (a) 7. A discussion of the assumptions made in calculating the
8amount amounts under
subd. subds. 6
. and 6m.
AB61-ASA1-AA4,23,1110
281.59
(3) (a) 8. The amount of any service fee expected to be charged
under
11s. 281.58 (9) (d) during the next biennium
under this section to an applicant.
AB61-ASA1-AA4,23,1713
281.59
(3) (b) The department of administration and the department shall
14consider as a guideline in preparing the
portion of the biennial finance plan
for the
15clean water fund program that all state water pollution abatement general
16obligation debt service costs should not exceed 50% of all general obligation debt
17service costs to the state.
AB61-ASA1-AA4, s. 87tr
18Section 87tr. 281.59 (3) (c), (d), (dm), (e), (f) and (i) of the statutes are
19renumbered 281.59 (3e) (a), (b), (c), (d), (e) and (f), and 281.59 (3e) (a), (b) (intro.), (c),
20(d), (e) and (f), as renumbered, are amended to read:
AB61-ASA1-AA4,23,2321
281.59
(3e) (a) No moneys
from the clean water fund may be expended
for the
22clean water fund program in a biennium until the legislature reviews and approves
23all of the following as part of the biennial budget act for the biennium:
AB61-ASA1-AA4,24,3
11. An amount
of present value of the subsidy for the clean water fund program 2that is specified for that biennium under par.
(d)
(b) and is based on the amount
3included in the biennial finance plan under
par.
sub. (3) (a) 6.
AB61-ASA1-AA4,24,64
2. The amount of public debt, authorized under s. 20.866 (2) (tc), that the state
5may contract for the purposes of
s. 281.58 and this section the clean water fund
6program.
AB61-ASA1-AA4,24,87
3. The amount of revenue obligations, authorized under sub. (4) (f), that may
8be issued for the purposes
specified in s. 25.43 (3)
of the clean water fund program.
AB61-ASA1-AA4,24,119
(b) (intro.) The amount
of present value of the subsidy for the clean water fund
10program that is
required to be specified under par.
(c) (a) 1. and approved by the
11legislature under this paragraph is
as follows:
AB61-ASA1-AA4,24,1912
(c) The department of administration may allocate amounts approved under
13par.
(d) (b) as the present value of subsidies for financial assistance under
this section
14and s. 281.58 the clean water fund program, including financial hardship assistance
15and assistance for the additional costs of approved projects. The department of
16administration may allocate amounts from the amount approved under par.
(d) (b) 17for a biennium until December 30 of the fiscal year immediately following the
18biennium for projects for which complete applications under s. 281.58 (9) (a) are
19submitted before the end of the biennium.
AB61-ASA1-AA4,24,2420
(d) The department may expend, for financial assistance in a biennium other
21than financial hardship assistance under s. 281.58 (13) (e), an amount up to 85% of
22the amount approved by the legislature under par.
(d)
(b). The department may
23expend such amount only from the percentage of the amount approved under par.
(d) 24(b) that is not available under par.
(f) (e) for financial hardship assistance.
AB61-ASA1-AA4,25,5
1(e) The department may expend, for financial hardship assistance in a
2biennium under s. 281.58 (13) (e), an amount up to 15% of the amount approved by
3the legislature under par.
(d) (b) for that biennium. The department may expend
4such amount only from the percentage of the amount approved by the legislature
5under par.
(d) (b) that is not available under par.
(e) (d) for financial assistance.
AB61-ASA1-AA4,25,106
(f) Using the amount approved under par.
(d) (b) as a base, the department of
7administration shall calculate the present value of the actual subsidy of each clean
8water fund
program loan or grant to be made for those projects in each biennium that
9are approved for financial assistance by the 2 departments. The present value shall
10be discounted as provided under
par. sub. (3) (a) 6.
AB61-ASA1-AA4,25,1712
281.59
(3) (j) No later than November 1 of each odd-numbered year, the
13department of administration and the department jointly shall submit a report, to
14the building commission and committees as required under par. (bm), on the
15implementation of the amount established under
par. (d) sub. (3e) (b) as required
16under s. 281.58 (9m) (e), and on the operations and activities of the clean water fund
17program
and the safe drinking water loan program for the previous biennium.
AB61-ASA1-AA4,25,1919
281.59
(3e) (title)
Clean water fund program expenditures.
