Amendment AA1-SB473

LRBa2651/1

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1997 - 1998 LEGISLATURE

ASSEMBLY AMENDMENT 1, TO 1997 SENATE BILL 473

May 7, 1998 - Offered by Representatives Gard and Kunicki.

SB473-AA1,1,1 At the locations indicated, amend the bill as follows:

SB473-AA1,1,3 1. Page 1, line 2: after "schools" insert ", a low-interest loan for construction of an adult day care services facility and making an appropriation".

SB473-AA1,1,4 2. Page 1, line 3: before that line insert:

SB473-AA1,1,6 " Section 1. 20.143 (1) (c) of the statutes, as affected by 1997 Wisconsin Act 27, is amended to read:

SB473-AA1,2,5 20.143 (1) (c) Wisconsin development fund; grants, loans, reimbursements and assistance. Biennially, the amounts in the schedule for grants under s. 560.615; for grants and loans under ss. 560.62, 560.63 and 560.66; for grants under s. 560.16; for reimbursements under s. 560.167; for providing assistance under s. 560.06; for the loan loans under 1997 Wisconsin Act 27, section 9110 (7f), and 1997 Wisconsin Act .... (this act), section 2 (2d); and for the grants under 1995 Wisconsin Act 27, section 9116 (7gg), 1995 Wisconsin Act 119, section 2 (1), and 1997 Wisconsin Act 27, section 9110 (6g). Of the amounts in the schedule, $50,000 shall be allocated in each of fiscal years 1997-98, 1998-99 and 1999-2000 for providing the assistance under s. 560.06. Notwithstanding s. 560.62 (4), of the amounts in the schedule, $125,000 shall be allocated in each of 4 consecutive fiscal years, beginning with fiscal year 1998-99, for grants and loans under s. 560.62 (1) (a).

SB473-AA1, s. 1c Section 1c. 20.143 (1) (c) of the statutes, as affected by 1997 Wisconsin Act .... (this act), is repealed and recreated to read:

SB473-AA1,2,18 20.143 (1) (c) Wisconsin development fund; grants, loans, reimbursements and assistance. Biennially, the amounts in the schedule for grants under s. 560.615; for grants and loans under ss. 560.62, 560.63 and 560.66; for grants under s. 560.16; for reimbursements under s. 560.167; for providing assistance under s. 560.06; for the loan under 1997 Wisconsin Act 27, section 9110 (7f); and for the grants under 1995 Wisconsin Act 27, section 9116 (7gg), 1995 Wisconsin Act 119, section 2 (1), and 1997 Wisconsin Act 27, section 9110 (6g). Of the amounts in the schedule, $50,000 shall be allocated in each of fiscal years 1997-98, 1998-99 and 1999-2000 for providing the assistance under s. 560.06. Notwithstanding s. 560.62 (4), of the amounts in the schedule, $125,000 shall be allocated in each of 4 consecutive fiscal years, beginning with fiscal year 1998-99, for grants and loans under s. 560.62 (1) (a).

SB473-AA1, s. 1f Section 1f. 20.143 (1) (ie) of the statutes, as affected by 1997 Wisconsin Act 27, is amended to read:

SB473-AA1,3,4 20.143 (1) (ie) Wisconsin development fund, repayments. All moneys received in repayment of grants or loans under s. 560.085 (4) (b), 1985 stats., s. 560.16, 1995 stats., s. 560.165, 1993 stats., subch. V of ch. 560 except s. 560.65, 1989 Wisconsin Act 336, section 3015 (1m), 1989 Wisconsin Act 336, section 3015 (2m), 1989 Wisconsin Act 336, section 3015 (3gx), and 1997 Wisconsin Act 27, section 9110 (7f), and 1997 Wisconsin Act .... (this act), section 2 (2d), to be used for grants and loans under subch. V of ch. 560 except s. 560.65, for grants under s. 560.16, for the loan loans under 1997 Wisconsin Act 27, section 9110 (7f), and 1997 Wisconsin Act .... (this act), section 2 (2d), and for reimbursements under s. 560.167.".

SB473-AA1,3,5 3. Page 1, line 3: delete " Section 1" and substitute "Section 1r".

SB473-AA1,3,6 4. Page 2, line 4: after "(1)" insert "Report on schools.".

SB473-AA1,3,7 5. Page 2, line 6: after that line insert:

SB473-AA1,3,8 "(2d) Low-interest loan for adult day care services facility.

SB473-AA1,3,9 (a) In this subsection:

SB473-AA1,3,10 1. "Department" means the department of commerce.

SB473-AA1,3,11 2. "Secretary" means the secretary of commerce.

SB473-AA1,3,16 (b) The department may make a low-interest loan of not more than $250,000 from the appropriations under section 20.143 (1) (c) and (ie) of the statutes, as affected by this act, to a nonprofit organization, as defined in section 108.02 (19) of the statutes, for the construction of an adult day care services facility if all of the following apply:

SB473-AA1,3,17 1. The nonprofit organization is located in a 1st class city.

SB473-AA1,3,19 2. The adult day care services facility will be constructed in a 1st class city at the intersection of 4th Street and Walnut Street.

SB473-AA1,3,21 3. The nonprofit organization submits a plan to the department detailing the proposed use of the loan and the secretary approves the plan.

SB473-AA1,3,24 4. The nonprofit organization enters into a written agreement with the department that specifies the conditions for use of the loan proceeds, including repayment, reporting and auditing requirements.

SB473-AA1,4,2 5. The nonprofit organization agrees in writing to submit to the department the report required under paragraph (c) by the time required under paragraph (c).

SB473-AA1,4,5 (c) If a nonprofit organization receives the loan under this subsection, it shall submit to the department, within 6 months after spending the full amount of the loan, a report detailing how the loan proceeds were used.

SB473-AA1,4,7 (d) The department may not charge interest of more than 4% on the loan under this subsection.

SB473-AA1,4,10 (e) The department shall deposit in the appropriation account under section 20.143 (1) (ie) of the statutes, as affected by this act, all moneys received in repayment of the loan under this subsection.

SB473-AA1,4,12 (f) The department may not pay loan proceeds under this subsection after June 30, 1999.

SB473-AA1, s. 3 Section 3. Effective dates. This act takes effect on the day after publication, except as follows:

SB473-AA1,4,16 (1) The repeal and recreation of section 20.143 (1) (c) of the statutes takes effect on July 1, 1999.".

SB473-AA1,4,17 (End)