SB77-SSA1,1430,15
13(2) Guarantee requirements. The authority may use money from the
14Wisconsin drinking water reserve fund under s. 234.933 to guarantee a loan under
15this section if all of the following apply:
SB77-SSA1,1430,1616
(a) The borrower is not a local governmental unit and is one of the following:
SB77-SSA1,1430,1717
1. The owner of a community water system.
SB77-SSA1,1430,1818
2. The owner of a noncommunity water system and is not operated for profit.
SB77-SSA1,1430,1919
(b) The loan qualifies as an eligible loan under sub. (3).
SB77-SSA1,1430,2120
(c) The lender is a financial institution that enters into an agreement under s.
21234.933 (3) (a).
SB77-SSA1,1430,22
22(3) Eligible loans. A loan is an eligible loan if all of the following apply:
SB77-SSA1,1431,223
(a) The department determines that the loan will facilitate compliance with
24national primary drinking water regulations under
42 USC 300g-1 or otherwise
1significantly further the health protection objectives of the Safe Drinking Water Act,
242 USC 300f to
300j-26.
SB77-SSA1,1431,43
(b) The department determines that the loan satisfies the requirements under
4s. 281.625 (2).
SB77-SSA1,1431,11
5(4) Guarantee of collection. (a) Subject to par. (b), the authority may
6guarantee collection of a percentage, not exceeding 80%, of the principal of any loan
7eligible for a guarantee under this section. The authority shall establish the
8percentage of the unpaid principal of an eligible loan that will be guaranteed using
9the procedures described in the guarantee agreement under s. 234.933 (3) (a). The
10authority may establish a single percentage for all guaranteed loans or establish
11different percentages for eligible loans on an individual basis.
SB77-SSA1,1431,1312
(b) Except as provided in s. 234.933 (4), the total outstanding principal amount
13of all guaranteed loans under par. (a) may not exceed $3,000,000.
SB77-SSA1,1431,17
16234.88 Brownfields remediation loan guarantee program. (1)
17Definitions. In this section:
SB77-SSA1,1431,2018
(a) "Brownfields" means abandoned, idle or underused industrial or
19commercial facilities or sites, the expansion or redevelopment of which is adversely
20affected by actual or perceived environmental contamination.
SB77-SSA1,1431,2221
(b) "Guaranteed loan" means a loan for which the authority guarantees
22repayment under sub. (3).
SB77-SSA1,1431,2523
(c) "Participating lender" means a bank, savings bank, credit union, credit
24association, savings and loan association or other person that makes loans and that
25has entered into an agreement with the authority under s. 234.93 (2) (a).
SB77-SSA1,1432,2
1(d) "Security interest" means an interest in property or other assets that
2secures payment or other performance of a guaranteed loan.
SB77-SSA1,1432,5
3(2) Eligible loans. A loan made by a participating lender is eligible for
4guarantee of repayment from the Wisconsin development reserve fund under s.
5234.93 if all of the following apply:
SB77-SSA1,1432,66
(a) The borrower is a business in this state.
SB77-SSA1,1432,97
(b) The borrower uses the loan proceeds for direct or related expenses, as
8determined by the authority, that are associated with remediation of contamination
9at a brownfields site.
SB77-SSA1,1432,1110
(c) The loan proceeds are not applied to the outstanding balance of any other
11loan.
SB77-SSA1,1432,1312
(d) The authority approves the interest rate on the loan, including any
13origination fees or other charges.
SB77-SSA1,1432,1514
(e) The participating lender obtains a security interest in any equipment,
15machinery, physical plant or other assets to secure repayment of the loan.
SB77-SSA1,1432,1816
(f) The loan term does not extend beyond 15 years after the date on which the
17participating lender disburses the loan unless the authority agrees to an extension
18of the loan term.
SB77-SSA1,1432,2119
(g) The participating lender considers the borrower's assets, cash flow and
20managerial ability sufficient to preclude voluntary or involuntary liquidation for the
21loan term granted by the participating lender.
SB77-SSA1,1432,2322
(h) The participating lender agrees to the percentage of guarantee established
23for the loan by the authority.
SB77-SSA1,1432,2424
(i) The principal amount of the loan does not exceed $500,000.
SB77-SSA1,1433,7
1(3) Guarantee of repayment. (a) Subject to par. (b), beginning on July 1, 1998,
2the authority may guarantee repayment of a percentage, not exceeding 80%, of the
3principal of any loan eligible for a guarantee under sub. (2). The authority shall
4establish the percentage of the unpaid principal of an eligible loan that will be
5guaranteed by using the procedures described in the guarantee agreement under s.
6234.93 (2) (a). The authority may establish a single percentage for all guaranteed
7loans or establish different percentages for eligible loans on an individual basis.
SB77-SSA1,1433,98
(b) Except as provided in s. 234.93 (3), the total outstanding principal amount
9of all guaranteed loans under par. (a) may not exceed $22,500,000.
SB77-SSA1,1433,1211
234.93
(1) (e) To be used for guaranteeing loans under s. 234.88, moneys
12appropriated to the authority under s. 20.490 (5) (t) and (tm).
SB77-SSA1, s. 3380
13Section
3380. 234.93 (2) (a) (intro.) of the statutes is amended to read:
SB77-SSA1,1433,1914
234.93
(2) (a) (intro.) The authority
shall may enter into a guarantee
15agreement with any bank, production credit association, credit union, savings bank,
16savings and loan association or other person who wishes to participate in a loan
17program guaranteed by the Wisconsin development reserve fund. The authority may
18determine all of the following, consistent with the terms of the specific loan
19guarantee program:
SB77-SSA1,1434,221
234.93
(2) (bm) A guarantee agreement between the authority and a bank,
22production credit association, credit union, savings and loan association or other
23person under par. (a) with respect to a loan guaranteed under s. 234.68, 1995 stats.,
24s. 234.69, 1995 stats., s. 234.765, 1995 stats., s. 234.82, 1995 stats., s. 234.83, 1995
25stats., or s. 234.87, 1995 stats., that is in effect immediately before the effective date
1of this paragraph .... [revisor inserts date], shall continue in full force and effect until
2the termination or expiration of the agreement according to its terms.
SB77-SSA1,1434,84
234.93
(4) (a) 2. To fund guarantees under all of the programs guaranteed by
5funds from the Wisconsin development reserve fund
, except for the program under
6s. 234.935, at a ratio of $1 of reserve funding to
$4 $4.50 of total
outstanding principal
7and outstanding guaranteed principal that the authority may guarantee under all
8of those programs.
SB77-SSA1,1434,1210
234.93
(4) (a) 3. To fund guarantees under the program under s. 234.935 at a
11ratio of $1 of reserve funding to $4 of total principal and outstanding guaranteed
12principal that the authority may guarantee under that program.
SB77-SSA1, s. 3384
13Section
3384. 234.93 (4) (b) (intro.) of the statutes is amended to read:
SB77-SSA1,1434,1614
234.93
(4) (b) (intro.) Annually on
June 30 August 31, the executive director
15of the authority shall provide to the secretary of administration and to the joint
16committee on finance a signed statement that includes all of the following:
SB77-SSA1,1434,2518
234.932
(3) (d) The authority shall ensure that the cash balance in the
19Wisconsin job training reserve fund is sufficient
to fund guarantees under the job
20training loan guarantee program at a ratio of $1 of reserve funding to $4 of total
21outstanding guaranteed principal that the authority may guarantee under the
22program and to pay all outstanding claims under the
job training loan guarantee 23program. The authority shall regularly monitor the cash balance in the Wisconsin
24job training reserve fund to ensure that the cash balance is sufficient for the purposes
25specified in this paragraph.
SB77-SSA1,1435,62
234.932
(4m) Balance transfer. Annually on August 31, until no balance
3remains, the authority shall transfer to the general fund any balance remaining in
4the Wisconsin job training reserve fund on that date, after deducting an amount
5sufficient to pay all outstanding claims under the job training loan guarantee
6program.
SB77-SSA1,1435,10
8234.933 Wisconsin drinking water reserve fund. (1) Definition. In this
9section, "drinking water loan guarantee program" means the program under s.
10234.86.
SB77-SSA1,1435,14
11(2) Establishment of fund. There is established under the jurisdiction and
12control of the authority, for the purpose of providing funds for guaranteeing loans
13under s. 234.86, a Wisconsin drinking water reserve fund, consisting of all of the
14following:
SB77-SSA1,1435,1715
(a) Moneys transferred to the authority from the appropriation accounts under
16s. 20.320 (2) (s) and (x) or received by the authority for the Wisconsin drinking water
17reserve fund from any other source.
SB77-SSA1,1435,1918
(b) Any income from investment of money in the Wisconsin drinking water
19reserve fund by the authority under s. 234.03 (18).
SB77-SSA1,1435,24
20(3) Program administration. (a) The authority shall enter into a guarantee
21agreement with any bank, production credit association, credit union, savings bank,
22savings and loan association or other person who wishes to participate in the
23drinking water loan guarantee program. The authority may determine all of the
24following, consistent with the terms of the loan guarantee program:
SB77-SSA1,1435,2525
1. The form of the agreement.
SB77-SSA1,1436,2
12. Any conditions upon which the authority may refuse to enter into such an
2agreement.
SB77-SSA1,1436,43
3. Any procedures required to carry out the agreement, including default
4procedures and procedures for determining the guaranteed percentage of each loan.
SB77-SSA1,1436,85
(b) The authority may not use any moneys other than those in the Wisconsin
6drinking water reserve fund for the drinking water loan guarantee program, and
7may not use moneys in the Wisconsin drinking water reserve fund for any programs
8other than the drinking water loan guarantee program.
SB77-SSA1,1436,129
(c) The authority may establish an eligibility criteria review panel, consisting
10of experts in finance and in the subject area of the drinking water loan guarantee
11program, to provide advice about lending requirements and issues related to the
12drinking water loan guarantee program.
SB77-SSA1,1436,1913
(d) The authority shall ensure that the cash balance in the Wisconsin drinking
14water reserve fund is sufficient to fund guarantees under the drinking water loan
15guarantee program at a ratio of $1 of reserve funding to $4.50 of total outstanding
16guaranteed principal that the authority may guarantee under the program and to
17pay all outstanding claims under the program. The authority shall regularly
18monitor the cash balance in the Wisconsin drinking water reserve fund to ensure
19that the cash balance is sufficient for the purposes specified in this paragraph.
SB77-SSA1,1437,4
20(4) Increases or decreases in loan guarantees. The authority may request
21the joint committee on finance to take action under s. 13.10 to permit the authority
22to increase or decrease the total outstanding guaranteed principal amount of loans
23that it may guarantee under the drinking water loan guarantee program. Included
24with its request, the authority shall provide a projection, for the next June 30, that
25compares the amounts required on that date to pay outstanding claims and to fund
1guarantees under the drinking water loan guarantee program, and the balance
2remaining in the Wisconsin drinking water reserve fund on that date after deducting
3such amounts, if the increase or decrease is approved, with such amounts and the
4balance remaining, if the increase or decrease is not approved.
SB77-SSA1,1437,8
5(5) Annual report. Annually, the authority shall report on the number and
6total dollar amount of guaranteed loans under the drinking water loan guarantee
7program, the default rate on the loans and any other information on the program that
8the authority determines is significant.
SB77-SSA1,1437,12
9(6) Moral obligation. Recognizing its moral obligation, the legislature
10expresses its expectation that, if called upon to do so, it shall make an appropriation
11to meet all demands for funds guaranteed by the Wisconsin drinking water reserve
12fund.
SB77-SSA1, s. 3389
13Section
3389. Subchapter III (title) of chapter 234 [precedes 234.94] of the
14statutes is created to read:
SB77-SSA1,1437,1816
Subchapter III
17
community development
18
finance company
SB77-SSA1,1437,21
20234.94 (title)
Community development finance company Definitions. 21(intro.) In
ss. 234.94 to 234.98 this subchapter:
SB77-SSA1,1437,2323
236.02
(4) "Department" means the department of
commerce administration.
SB77-SSA1,1438,13
1236.12
(2) (a) Two copies for each of the state agencies required to review the
2plat to the department which shall examine the plat for compliance with ss.
236.13
3(1) (d) and (2m), 236.15, 236.16, 236.20 and 236.21 (1) and (2). If the subdivision
4abuts or adjoins a state trunk highway or connecting highway, the department shall
5transmit 2 copies to the department of transportation so that agency may determine
6whether it has any objection to the plat on the basis of its rules as provided in s.
7236.13.
If the subdivision is not served by a public sewer and provision for that
8service has not been made, the department shall transmit 2 copies to the department
9of commerce so that that agency may determine whether it has any objection to the
10plat on the basis of its rules as provided in s. 236.13. In lieu of this procedure the
11agencies may designate local officials to act as their agents in examining the plats
12for compliance with the statutes or their rules by filing a written delegation of
13authority with the approving body.
SB77-SSA1,1438,1715
236.13
(1) (d) The rules of the department
of commerce relating to lot size and
16lot elevation necessary for proper sanitary conditions in a subdivision not served by
17a public sewer, where provision for public sewer service has not been made;
SB77-SSA1,1438,2019
250.04
(3m) The department may charge a reasonable fee for the analysis and
20provision of data under this section.
SB77-SSA1,1439,2
23250.10 Grant for dental services. From the appropriation under s. 20.435
24(1) (5) (de), the department shall provide funding in each fiscal year to the Marquette
25University School of Dentistry for the provision of dental services by the Marquette
1University School of Dentistry in correctional centers in Milwaukee County and
2clinics in the city of Milwaukee.
SB77-SSA1,1439,104
252.08
(3) Inpatient care
for quarantined pulmonary tuberculosis patients,
5and inpatient care exceeding 30 days for
other pulmonary tuberculosis patients
, who
6are not eligible for federal medicare benefits, for medical assistance under subch. V
7of ch. 49 or for health care services funded by a relief block grant under subch. II of
8ch. 49 may be reimbursed if provided by a facility contracted by the department. If
9the patient has private health insurance, the state shall pay the difference between
10health insurance payments and total charges.
SB77-SSA1,1439,1412
252.10
(6) (g) The reimbursement by the state under pars. (a) to (f) shall apply
13only to funds that the department allocates for the reimbursement under the
14appropriation under s. 20.435
(1) (5) (e).
SB77-SSA1,1439,2416
252.10
(7) Drugs necessary for the treatment of mycobacterium tuberculosis
17shall be purchased by the department from the appropriation under s. 20.435
(1) (5) 18(e) and dispensed to patients through the public health dispensaries or through
19health care providers, as defined in s. 146.81 (1), other than social workers, marriage
20and family therapists or professional counselors certified under ch. 457,
21speech-language pathologists or audiologists licensed under subch. II of ch. 459,
22speech and language pathologists licensed by the department of
education public
23instruction or, on or after July 1, 1995, and no later than June 30, 1999, dietitians
24certified under subch. IV of ch. 448.
SB77-SSA1, s. 3404
25Section
3404. 252.12 (2) (a) (intro.) of the statutes is amended to read:
SB77-SSA1,1440,4
1252.12
(2) (a)
Acquired immunodeficiency syndrome services. (intro.) From the
2appropriations under s. 20.435 (1) (a) and
(5) (am), the department shall distribute
3funds for the provision of services to individuals with or at risk of contracting
4acquired immunodeficiency syndrome, as follows:
SB77-SSA1,1440,156
252.12
(2) (a) 8. `Life care and early intervention services.' The department
7shall award not more than
$1,647,700 $1,894,900 in each year in grants to applying
8organizations for the provision of needs assessments; assistance in procuring
9financial, medical, legal, social and pastoral services; counseling and therapy;
10homecare services and supplies; advocacy; and case management services. These
11services shall include early intervention services. The department shall also award
12not more than $74,000 in each year from the appropriation under s. 20.435 (7) (md)
13for the services under this subdivision. The state share of payment for case
14management services that are provided under s. 49.45 (25) (be) to recipients of
15medical assistance shall be paid from the appropriation under s. 20.435
(1) (5) (am).
SB77-SSA1, s. 3407
17Section
3407. 252.12 (2) (c) (intro.) of the statutes is amended to read: