AB133-SSA1, s. 149g 14Section 149g. 18.60 (3) of the statutes is amended to read:
AB133-SSA1,79,2015 18.60 (3) The principal proceeds from the sale of any refunding bonds
16obligations shall be applied either to the immediate payment and retirement of the
17bonds obligations or notes being refinanced or, if the bonds obligations or notes have
18not matured and are not presently redeemable, to the creation of a trust for and shall
19be pledged to the payment of the bonds obligations or notes being refinanced. If a
20trust is created, a separate deposit shall be made for each issue of bonds obligations
21or notes being refinanced. Each deposit shall be with the state treasurer or a bank
22or trust company that is then a member of the federal deposit insurance corporation.
23If the total amount of any deposit, including money other than sale proceeds but
24legally available for such purpose, is less than the principal amount of the bonds
25obligations or notes being refinanced and for the payment of which the deposit has

1been created and pledged, together with applicable redemption premiums and
2interest accrued and to accrue to maturity or to the date of redemption, then the
3application of the sale proceeds shall be legally sufficient only if the money deposited
4is invested in securities issued by the United States or one of its agencies, or
5securities fully guaranteed by the United States, and only if the principal amount
6of the securities at maturity and the income therefrom to maturity will be sufficient
7and available, without the need for any further investment or reinvestment, to pay
8at maturity or upon redemption the principal amount of the bonds obligations or
9notes being refinanced together with applicable redemption premiums and interest
10accrued and to accrue to maturity or to the date of redemption. The income from the
11principal proceeds of the securities shall be applied solely to the payment of the
12principal of and interest and redemption premiums on the bonds obligations or notes
13being refinanced, but provision may be made for the pledging and disposition of any
14surplus. Nothing in this subsection shall be construed as a limitation on the duration
15of any deposit in trust for the retirement of bonds obligations or notes being
16refinanced, but which have not matured and which are not presently redeemable.
17Nothing in this subsection shall be construed to prohibit reinvestment of the income
18of a trust if the reinvestments will mature at such times that sufficient cash will be
19available to pay interest, applicable premiums and principal on the bonds
20obligations or notes being refinanced.
AB133-SSA1, s. 149r 21Section 149r. 18.60 (4) of the statutes is amended to read:
AB133-SSA1,80,222 18.60 (4) The commission may in addition to the other powers conferred by this
23subchapter, include a provision in any authorizing resolution for refunding bonds
24obligations pledging all or any part of the special fund or income of any enterprise
25or program originally financed from the proceeds of any of the bonds obligations or

1notes being refinanced, or pledging all or any part of the surplus income derived from
2the investment of any trust created under sub. (3), or both.
AB133-SSA1, s. 150 3Section 150. 18.60 (5) of the statutes is renumbered 18.60 (5) (intro.) and
4amended to read:
AB133-SSA1,80,85 18.60 (5) (intro.) All of the following provisions of s. 18.56 that are not
6inconsistent with the express provisions of this section shall apply to refunding
7bonds obligations, except that the maximum permissible term shall be 50 years from
8the date of original issue of the oldest note or bond obligation issue being refunded.:
AB133-SSA1, s. 151 9Section 151. 18.60 (5) (a) to (c) of the statutes are created to read:
AB133-SSA1,80,1010 18.60 (5) (a) Section 18.56.
AB133-SSA1,80,1111 (b) In the case of enterprise obligations, s. 18.561.
AB133-SSA1,80,1212 (c) In the case of special fund obligations, s. 18.562.
AB133-SSA1, s. 152 13Section 152. 18.61 (2) of the statutes is amended to read:
AB133-SSA1,80,2214 18.61 (2) The state pledges and agrees with the holders owners of any evidences
15of
revenue obligation obligations that the state will not limit or alter its powers to
16fulfill the terms of any agreements made with the holders owners or in any way
17impair the rights and remedies of the holders owners until the revenue obligations,
18together with interest including interest on any unpaid instalments of interest, and
19all costs and expenses in connection with any action or proceeding by or on behalf of
20the holders owners, are fully met and discharged. The commission may include this
21pledge and agreement of the state in any agreement with the holders of notes or
22bonds and in any evidence
owners of revenue obligation.
AB133-SSA1, s. 153 23Section 153. 18.61 (3) (a) of the statutes is amended to read:
AB133-SSA1,81,724 18.61 (3) (a) If the state fails to pay any revenue obligation in accordance with
25its terms, and default continues for a period of 30 days or if the state fails or refuses

1to comply with this subchapter or defaults in any agreement made with the holders
2owners of any issue of revenue obligations, the holders owners of 25% in aggregate
3principal amount of the revenue obligations of the issue then outstanding by
4instrument recorded in the office of the register of deeds of Dane county and approved
5or acknowledged in the same manner as a deed to be recorded may appoint a trustee
6to represent the holders owners of the notes or bonds revenue obligations for the
7purposes specifically provided in the instrument.
AB133-SSA1, s. 154 8Section 154. 18.61 (3) (b) (intro.) of the statutes is amended to read:
AB133-SSA1,81,119 18.61 (3) (b) (intro.) The trustee may, and upon written request of the holders
10owners of 25% in aggregate principal amount of the revenue obligations of the issue
11then outstanding shall, in the trustee's own name:
AB133-SSA1, s. 155 12Section 155. 18.61 (3) (b) 1. of the statutes is amended to read:
AB133-SSA1,81,1813 18.61 (3) (b) 1. By action or proceeding, enforce all rights of all holders owners
14of the issue of revenue obligations, including the right to require the state to collect
15enterprise or program income or special fund income adequate to carry out any
16agreement as to, or pledge of, such income and to require the state to carry out any
17other agreements with the holders owners of the revenue obligations and to perform
18its duties under this subchapter;
AB133-SSA1, s. 156 19Section 156. 18.61 (3) (b) 3. of the statutes is amended to read:
AB133-SSA1,81,2120 18.61 (3) (b) 3. By action, require the state to account as if it were the trustee
21of an express trust for the holders owners of the revenue obligations;
AB133-SSA1, s. 157 22Section 157. 18.61 (3) (b) 4. of the statutes is amended to read:
AB133-SSA1,81,2423 18.61 (3) (b) 4. By action, enjoin any acts or things which may be unlawful or
24in violation of the rights of the holders owners of the revenue obligations; and
AB133-SSA1, s. 158 25Section 158. 18.61 (3) (c) of the statutes is amended to read:
AB133-SSA1,82,4
118.61 (3) (c) The trustee shall have all of the powers necessary or appropriate
2for the exercise of any functions specifically set forth in this subchapter or incident
3to the general representation of the holders owners of revenue obligations in the
4enforcement and protection of their rights.
AB133-SSA1, s. 159 5Section 159. 18.61 (4) of the statutes is amended to read:
AB133-SSA1,82,126 18.61 (4) Any public officer or public employe, as defined in s. 939.22 (30), and
7the surety on the person's official bond, or any other person participating in any
8direct or indirect impairment of any fund established under this subchapter, shall
9be liable in any action brought by the attorney general in the name of the state, or
10by any taxpayer of the state, or by the holder of any evidence owner of revenue
11obligation payable in whole or in part, directly or indirectly, out of such fund, to
12restore to the fund all diversions from the fund.
AB133-SSA1, s. 159m 13Section 159m. 18.61 (5) of the statutes is amended to read:
AB133-SSA1,82,2214 18.61 (5) The legislature may provide, with respect to any specific issue of
15revenue obligations, prior to their issuance, that if the special fund income or the
16enterprise or program income pledged to the payment of the principal and interest
17of the issue is insufficient for that purpose, it will consider supplying the deficiency
18by appropriation of funds, from time to time, out of the treasury. If the legislature
19so provides, the commission may make the necessary provisions therefor in the
20authorizing resolution and other proceedings of the issue. Thereafter, if the
21contingency occurs, recognizing its moral obligation to do so, the legislature hereby
22expresses its expectation and aspiration that it shall make such appropriation.
AB133-SSA1, s. 160 23Section 160. 19.32 (1) of the statutes is amended to read:
AB133-SSA1,83,924 19.32 (1) "Authority" means any of the following having custody of a record: a
25state or local office, elected official, agency, board, commission, committee, council,

1department or public body corporate and politic created by constitution, law,
2ordinance, rule or order; a governmental or quasi-governmental corporation except
3for the Bradley center sports and entertainment corporation; a local exposition
4district under subch. II of ch. 229; a family care district under s. 46.2895; any court
5of law; the assembly or senate; a nonprofit corporation which receives more than 50%
6of its funds from a county or a municipality, as defined in s. 59.001 (3), and which
7provides services related to public health or safety to the county or municipality; a
8nonprofit corporation operating the Olympic ice training center under s. 42.11 (3);
9or a formally constituted subunit of any of the foregoing.
AB133-SSA1, s. 164m 10Section 164m. 19.42 (13) (n) of the statutes is created to read:
AB133-SSA1,83,1111 19.42 (13) (n) The members of the public broadcasting transitional board.
AB133-SSA1, s. 165 12Section 165. 19.82 (1) of the statutes is amended to read:
AB133-SSA1,83,2213 19.82 (1) "Governmental body" means a state or local agency, board,
14commission, committee, council, department or public body corporate and politic
15created by constitution, statute, ordinance, rule or order; a governmental or
16quasi-governmental corporation except for the Bradley center sports and
17entertainment corporation; a local exposition district under subch. II of ch. 229; a
18family care district under s. 46.2895;
a nonprofit corporation operating the Olympic
19ice training center under s. 42.11 (3); or a formally constituted subunit of any of the
20foregoing, but excludes any such body or committee or subunit of such body which
21is formed for or meeting for the purpose of collective bargaining under subch. I, IV
22or V of ch. 111.
AB133-SSA1, s. 166 23Section 166. 20.002 (11) (b) of the statutes is renumbered 20.002 (11) (b) 1. and
24amended to read:
AB133-SSA1,84,3
120.002 (11) (b) 1. The secretary of administration shall limit the total amount
2of any temporary reallocations to a fund other than the general fund to $400,000,000.
3The
AB133-SSA1,84,8 42. Except as provided in subd. 3, the secretary of administration shall limit the
5total amount of any temporary reallocations to the general fund at any one time
6during a fiscal year to an amount equal to 5% of the total amounts shown in the
7schedule under s. 20.005 (3) of appropriations of general purpose revenues,
8calculated by the secretary as of that time and for that fiscal year.
AB133-SSA1,84,10 94. This paragraph does not apply to reallocations from the budget stabilization
10fund to the general fund.
AB133-SSA1, s. 167 11Section 167. 20.002 (11) (b) 3. of the statutes is created to read:
AB133-SSA1,84,1812 20.002 (11) (b) 3. In addition to the amount permitted for temporary
13reallocations in subd. 2., the secretary may permit an additional 3% of the total
14amounts shown in the schedule under s. 20.005 (3) of appropriations of general
15purpose revenues, calculated by the secretary as of that time and for that fiscal year,
16to be used for temporary reallocations to the general fund but only if the reallocation
17is for a period not to exceed 30 days. Reallocations may not be made under this
18subdivision for consecutive periods.
AB133-SSA1, s. 168 19Section 168. 20.003 (4) of the statutes is renumbered 20.003 (4) (intro.) and
20amended to read:
AB133-SSA1,85,321 20.003 (4) Required general fund balance. (intro.) No bill directly or
22indirectly affecting general purpose revenues as defined in s. 20.001 (2) (a) may be
23enacted by the legislature if the bill would cause the estimated general fund balance
24on June 30 of any fiscal year specified in this subsection, as projected under s. 20.005
25(1), to be an amount equal to less than one percent the following percentage of the

1total general purpose revenue appropriations for that fiscal year plus any amount
2from general purpose revenue designated as "Compensation Reserves" for that fiscal
3year in the summary under s. 20.005 (1).:
AB133-SSA1, s. 169 4Section 169. 20.003 (4) (a) to (g) of the statutes are created to read:
AB133-SSA1,85,55 20.003 (4) (a) For fiscal year 1999-2000, 1%.
AB133-SSA1,85,66 (b) For fiscal year 2000-01, 1.1%.
AB133-SSA1,85,77 (c) For fiscal year 2001-02, 1.2%.
AB133-SSA1,85,88 (d) For fiscal year 2002-03, 1.4%.
AB133-SSA1,85,99 (e) For fiscal year 2003-04, 1.6%.
AB133-SSA1,85,1010 (f) For fiscal year 2004-05, 1.8%.
AB133-SSA1,85,1111 (g) For fiscal year 2005-06 and each fiscal year thereafter, 2%.
AB133-SSA1, s. 170 12Section 170. 20.005 (1) of the statutes is repealed and recreated to read:
AB133-SSA1,85,1513 20.005 (1) Summary of all funds. The budget governing fiscal operations for
14the state of Wisconsin for all funds beginning on July 1, 1999, and ending on June
1530, 2001, is summarized as follows: [See Figure 20.005 (1) following]
AB133-SSA1,85,1717 Figure: 20.005 (1)
AB133-SSA1,85,1818 GENERAL FUND SUMMARY - See PDF for table PDF
SUMMARY OF APPROPRIATIONS — ALL FUNDS - See PDF for table PDF
SUMMARY OF COMPENSATION RESERVES — ALL FUNDS - See PDF for table PDF
AB133-SSA1, s. 171 2Section 171. 20.005 (2) of the statutes is repealed and recreated to read:
AB133-SSA1,87,53 20.005 (2) State borrowing program summary. The following schedule sets
4forth the state borrowing program summary: [See Figures 20.005 (2) (a) and (b)
5following]
AB133-SSA1,87,77 Figure: 20.005 (2) (a)
AB133-SSA1,87,88 SUMMARY OF BONDING AUTHORITY MODIFICATIONS
1999-01 FISCAL BIENNIUM - See PDF for table PDF
AB133-SSA1,90,22 Figure: 20.005 (2) (b)
AB133-SSA1,90,33 GENERAL OBLIGATION AND
BUILDING CORPORATION DEBT SERVICE
FISCAL YEARS 1999-00 AND 2000-01
- See PDF for table PDF - See PDF for table PDF
AB133-SSA1, s. 172 2Section 172. 20.005 (3) of the statutes, as affected by 1999 Wisconsin Act 2,
3is repealed and recreated to read:
AB133-SSA1,97,34 20.005 (3) Appropriations. The following schedule sets forth all annual,
5biennial and sum certain continuing appropriations and anticipated expenditures
6from other appropriations for the programs and other purposes indicated. All

1appropriations are made from the general fund unless otherwise indicated. The
2letter abbreviations shown designating the type of appropriation apply to both fiscal
3years in the schedule unless otherwise indicated. [See Figure 20.005 (3) following]
AB133-SSA1,97,55 Figure: 20.005 (3)
AB133-SSA1, s. 173 2Section 173. 20.115 (1) (g) of the statutes is amended to read:
AB133-SSA1,280,93 20.115 (1) (g) Related services. The amounts in the schedule for the conduct of
4services related to food and trade regulation, including special and overtime meat
5inspection services under s. 97.42 (3), and investigative and audit services under ss.
693.06 (6) (b), 100.06 (1g) (c) and 100.07 (1). All, but excluding services financed under
7pars. (gf) and (h). Except as provided in pars. (gf) and (h), all
moneys received from
8authorized service fees related to food and trade regulation shall be credited to this
9appropriation.
AB133-SSA1, s. 174 10Section 174. 20.115 (1) (gf) of the statutes is created to read:
AB133-SSA1,280,1411 20.115 (1) (gf) Fruit and vegetable inspection. The amounts in the schedule for
12fruit and vegetable inspection. All moneys received for the inspection of fruits and
13vegetables under ss. 93.06 (1m), 93.09 (10) and 100.03 (3) (a) 1. shall be credited to
14this appropriation account.
AB133-SSA1, s. 175 15Section 175. 20.115 (1) (gm) of the statutes is amended to read:
AB133-SSA1,281,6
120.115 (1) (gm) Dairy trade regulation; dairy product and vegetable producer
2security
and trade practices. The amounts in the schedule for the regulation of
3vegetable procurement under s. 100.03, of dairy plant financial condition under s.
4100.06 and of dairy trade practices under s. 100.201. All moneys received under ss.
5100.03 (3) (a) 2. and 3., 100.06 (9) and 100.201 (6) shall be credited to this
6appropriation.
AB133-SSA1, s. 176 7Section 176. 20.115 (1) (j) of the statutes is amended to read:
AB133-SSA1,281,118 20.115 (1) (j) Weights and measures inspection. The amounts in the schedule
9for weights and measures inspection, testing and enforcement under ch. 98. All
10moneys received under ss. 93.06 (1p), 94.64 (4) (a) 6., 94.72 (6) (a) 3., 97.30 (3) (am),
1198.04 (2), 98.05 (5), 98.16, 98.18 and 98.245 (7) shall be credited to this appropriation.
AB133-SSA1, s. 177 12Section 177. 20.115 (1) (jb) of the statutes is created to read:
AB133-SSA1,281,1513 20.115 (1) (jb) Consumer information and education. The amounts in the
14schedule for consumer protection information and education. All moneys received
15under s. 100.261 (3) (b) shall be credited to this appropriation account.
AB133-SSA1, s. 178 16Section 178. 20.115 (2) (j) of the statutes is amended to read:
AB133-SSA1,281,2317 20.115 (2) (j) Dog licenses, rabies control and related services. The amounts in
18the schedule to provide dog license tags and forms under s. 174.07 (2), to perform
19other program responsibilities under ch. 174, to administer the rabies control
20program under s. 95.21, to help administer the rabies control media campaign and
21to carry out the humane activities under s. 93.07 (11). All moneys received by the
22state treasurer
under s. ss. 95.21 (9) (c) and 174.09 (1) shall be credited to this
23appropriation.
AB133-SSA1, s. 179 24Section 179. 20.115 (2) (j) of the statutes, as affected by 1997 Wisconsin Act
25192
and 1999 Wisconsin Act .... (this act), is repealed and recreated to read:
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