Amendment SA1-SSA1-AB133

AB133-SSA1-SA1,103,3 460. Page 424, line 25: delete "subsection:" and substitute "subsection, "nature-based outdoor recreation" has the meaning given by the department by rule under s. 23.0917 (4) (f).".

AB133-SSA1-SA1,103,4 461. Page 425, line 1: delete lines 1 to 5.

AB133-SSA1-SA1,103,6 462. Page 425, line 14: delete that line and substitute "acquired under this subsection shall vest in the local unit of".

AB133-SSA1-SA1,103,8 463. Page 425, line 15: delete "government municipality" and substitute "government".

AB133-SSA1-SA1,103,9 464. Page 425, line 24: delete that line.

AB133-SSA1-SA1,103,10 465. Page 426, line 1: delete lines 1 to 3.

AB133-SSA1-SA1,103,11 466. Page 426, line 7: delete lines 7 and 8.

AB133-SSA1-SA1,103,13 467. Page 426, line 14: delete "governmental units and" and substitute "cities, villages, towns and counties and to".

AB133-SSA1-SA1,103,14 468. Page 427, line 18: after that line insert:

AB133-SSA1-SA1,103,15 " Section 663gm. 23.0915 (1m) (b) of the statutes is repealed.".

AB133-SSA1-SA1,103,16 469. Page 431, line 15: after that line insert:

AB133-SSA1-SA1,103,18 "(am) "Available bonding authority" means the annual bonding authority as it may be adjusted under sub. (5) or (5m).".

AB133-SSA1-SA1,103,19 470. Page 432, line 5: after that line insert:

AB133-SSA1-SA1,103,22 "(i) "Total bonding authority" means the total amount that may be obligated under a subprogram under the Warren Knowles-Gaylord Nelson stewardship 2000 program over the entire duration of the program.".

AB133-SSA1-SA1,104,2 471. Page 432, line 11: substitute "Except as provided in sub. (5m), no" for "No".

AB133-SSA1-SA1,104,3 472. Page 433, line 11: delete "sub. (5)" and insert "subs. (5) and (5m)".

AB133-SSA1-SA1,104,4 473. Page 433, line 12: delete "$31,000,000" and substitute "$46,000,000".

AB133-SSA1-SA1,104,5 474. Page 434, line 11: delete "$9,400,000" and substitute "$14,000,000".

AB133-SSA1-SA1,104,6 475. Page 434, line 13: delete "$8,000,000" and substitute "$9,000,000".

AB133-SSA1-SA1,104,7 476. Page 434, line 15: delete "$1,400,000" and substitute "$5,000,000".

AB133-SSA1-SA1,104,8 477. Page 434, line 21: after that line insert:

AB133-SSA1-SA1,104,9 "(4m) Land acquisition; Baraboo Hills. (a) Definitions. In this subsection:

AB133-SSA1-SA1,104,12 1. "Assigned amount" means the sum of the amounts made available for expenditure under par. (g) and the amounts set aside by the department under par. (h) 1.

AB133-SSA1-SA1,104,15 2. "Federal nontransportation moneys" means moneys received from the federal government that are not deposited in the transportation fund and that are not credited to the appropriations under ss. 20.115 (2) (m) and 20.445 (1) (ox).

AB133-SSA1-SA1,104,18 3. "Local governmental unit" means a city, village, town, county, lake sanitary district, as defined in s. 30.50 (4q) or a public inland lake protection and rehabilitation district.

AB133-SSA1-SA1,104,20 4. "Nonprofit conservation organization" has the meaning given in s. 23.0955 (1).

AB133-SSA1-SA1,105,2 (b) Matching funding. The department shall provide funding for the Baraboo Hills under the subprogram for land acquisition to match the value of land acquisitions that are certified as qualifying matching land acquisitions under par. (e).

AB133-SSA1-SA1,105,4 (c) Overall requirements. 1. The department may obligate not more than $5,000,000 for the Baraboo Hills under this subsection.

AB133-SSA1-SA1,105,8 2. The amount of moneys, other than federal moneys, that may be used by local governmental units or nonprofit conservation organizations to make land acquisitions that are certified as qualifying matching land acquisitions under par. (e) may not exceed $2,500,000.

AB133-SSA1-SA1,105,13 3. Land that is either certified as a qualifying matching land acquisition under par. (e) or (h) 2. or acquired with moneys made available for expenditure under par. (g) or (h) 2. may not be department land or land that is otherwise owned or under the jurisdiction of the state on the effective date of this subdivision .... [revisor inserts date].

AB133-SSA1-SA1,105,16 (d) Matching land acquisitions; requirements. The department may only certify as a qualifying matching land acquisition in the Baraboo Hills an acquisition to which all of the following apply:

AB133-SSA1-SA1,105,17 1. The land is being acquired for conservation purposes.

AB133-SSA1-SA1,105,19 2. The land is being acquired by the federal government, by a local governmental unit or by a nonprofit conservation organization.

AB133-SSA1-SA1,105,21 3. Any federal moneys being used for the acquisition are federal nontransportation moneys.

AB133-SSA1-SA1,105,25 (e) Matching land acquisitions; certification. The department shall certify which land acquisitions qualify as matching land acquisitions for the Baraboo Hills and shall determine the values of these matching land acquisitions as provided in par. (f).

AB133-SSA1-SA1,106,3 (f) Matching land acquisitions; valuation. The value of a land acquisition that is certified as a qualifying matching land acquisition under par. (e) shall be calculated as follows:

AB133-SSA1-SA1,106,7 1. For land that is acquired by purchase at fair market value, the value shall equal the sum of the purchase price and the costs incurred by the federal government, local governmental unit or nonprofit conservation organization in acquiring the land.

AB133-SSA1-SA1,106,12 2. For land that is acquired by gift or bequest or by purchase at less than fair market value, the value shall equal the sum of the appraised fair market value of the land at the time of the acquisition and the costs incurred by the acquiring entity in acquiring the land. The acquiring entity shall supply the appraisal upon which the appraised fair market value is based.

AB133-SSA1-SA1,106,19 (g) Matching land acquisitions; available moneys. For each land acquisition that is certified as a qualifying matching land acquisition under par. (e) the department shall make available for expenditure moneys in an amount that equals the value of the land acquisition, as calculated under par. (f). This paragraph does not apply to a land acquisition that is acquired with moneys committed by the federal government, local governmental unit or nonprofit conservation organization under par. (h).

AB133-SSA1-SA1,107,2 (h) Matching land acquisitions; future commitments. 1. In addition to the moneys made available for expenditure under par. (g), the department shall set aside moneys in amounts that equal amounts that the federal government, local governmental units or nonprofit conservation organizations commit for the acquisition of land in the Baraboo Hills for conservation purposes. Federal moneys that are committed under this paragraph shall be federal nontransportation moneys. The department may set aside moneys under this paragraph only for commitments that are made before January 1, 2006.

AB133-SSA1-SA1,107,8 2. For each land acquisition that is made by using moneys that are committed by the federal government, a local governmental unit or a nonprofit conservation organization under this paragraph and that is certified as a qualifying matching land acquisition under par. (e), the department shall make available for expenditure moneys in an amount that equals the value of the land acquisition, as calculated under par. (f), after the acquisition is certified.

AB133-SSA1-SA1,107,12 (i) Available moneys; uses. The moneys made available for expenditure under par. (g) or (h) 2. may be used by the department to acquire land in the Baraboo Hills for conservation purposes and to award grants to local governmental units and nonprofit conservation organizations.

AB133-SSA1-SA1,107,18 (j) Available moneys; grant requirements. A local governmental unit or nonprofit conservation organization that receives a grant under par. (i) does not need to provide any matching funding. Land acquired with moneys from a grant awarded under par. (i) may not be certified by the department as a qualifying matching land acquisition under par. (e). Grants awarded under par. (i) shall be used to acquire land for conservation purposes in the Baraboo Hills.

AB133-SSA1-SA1,107,22 (k) Unassigned amount. The department shall expend any assigned amount that has not been expended before January 1, 2006, for acquisitions by the department of land for conservation purposes and for grants that meet the requirements under par. (j).

AB133-SSA1-SA1,108,2 (L) Highway construction required. No moneys may be obligated under this subsection for the Baraboo Hills before the department of transportation certifies to the department of natural resources that highway construction that will result in at least 4 traffic lanes has begun on the portion of USH 12 between the city of Middleton and the village of Sauk City.".

AB133-SSA1-SA1,108,3 478. Page 436, line 9: after that line insert:

AB133-SSA1-SA1,108,8 "(5m) Adjustments for land acquisitions. (a) Beginning in fiscal year 1999-2000, the department, subject to the approval of the joint committee on finance under sub. (6), may obligate under the subprogram for land acquisition any amount not in excess of the total bonding authority for that subprogram for the acquisition of land.

AB133-SSA1-SA1,108,10 (b) For each land acquisition transaction under this subsection, all of the following apply:

AB133-SSA1-SA1,108,11 1. The department shall sell a portion of the acquired land.

AB133-SSA1-SA1,108,16 2. All proceeds from the sale of the land up to the amount obligated under par. (a) as determined by the secretary of administration shall be deposited into the general fund and credited to the appropriation account under s. 20.370 (7) (ag). Notwithstanding s. 25.29 (1) (a), the proceeds in excess of the amount obligated under par. (a) shall be deposited into the general fund.

AB133-SSA1-SA1,108,22 3. For bonds that are retired from the proceeds of the sale of the acquired land within 3 years after the date that the land was acquired by the department, the department shall adjust the available bonding authority for the subprogram for land acquisition by increasing the available bonding authority for the fiscal year in which the bonds are retired by an amount equal to the total amount of the bonds issued for the sale that have been retired in that fiscal year.

AB133-SSA1-SA1,109,9 4. For bonds that are not retired from the proceeds of the sale of the acquired land within 3 years after the date that the land was acquired by the department, the department shall adjust the available bonding authority for the subprogram for land acquisition by decreasing the available bonding authority for the next fiscal year beginning after the end of that 3-year period by an amount equal to the total amount of the bonds that have not been retired from such proceeds in that fiscal year and, if necessary, shall decrease for each subsequent fiscal year the available bonding authority in an amount equal to that available bonding authority or equal to the amount still needed to equal the total amount of the bonds retired from such proceeds, whichever is less, until the available bonding authority has been decreased by an amount equal to the total of the bonds not retired.

AB133-SSA1-SA1,109,11 (c) Notwithstanding sub. (2) (a) 1., land acquired under this subsection need not be for conservation or recreational purposes.

AB133-SSA1-SA1,109,14 (d) The department of administration shall monitor all transactions under this subsection to ensure compliance with federal law and to ensure that interest on the bonds is tax-exempt for the holders of the bonds.".

AB133-SSA1-SA1,109,15 479. Page 436, line 10: before "The department" insert "(a)".

AB133-SSA1-SA1,109,16 480. Page 436, line 11: delete "more".

AB133-SSA1-SA1,109,17 481. Page 436, line 12: delete "than $250,000".

AB133-SSA1-SA1,109,18 482. Page 436, line 19: after that line insert:

AB133-SSA1-SA1,109,20 "(b) Paragraph (a) applies only to an amount for a project or activity that exceeds $250,000 except as provided in par. (c).

AB133-SSA1-SA1,109,21 (c) Paragraph (a) applies to any land acquisition under sub. (5m).".

AB133-SSA1-SA1,109,22 483. Page 437, line 15: before "governmental" insert "local".

AB133-SSA1-SA1,109,23 484. Page 437, line 16: before "governmental" insert "local".

AB133-SSA1-SA1,109,24 485. Page 437, line 22: delete lines 22 to 25.

AB133-SSA1-SA1,110,1 486. Page 447, line 12: after that line insert:

AB133-SSA1-SA1,110,2 " Section 665vm. 23.097 (1) of the statutes is amended to read:

AB133-SSA1-SA1,110,7 23.097 (1) The department shall award grants to cities and, villages, towns, counties and nonprofit conservation organizations, as defined in s. 23.0955 (1), for up to 50% of the cost of tree management plans, tree inventories, brush residue projects, the development of tree management ordinances, tree disease evaluations, public education concerning trees in urban areas and other tree projects.".

AB133-SSA1-SA1,110,8 487. Page 447, line 12: after that line insert:

AB133-SSA1-SA1,110,9 " Section 665vm. 23.0962 of the statutes is repealed.".

AB133-SSA1-SA1,110,10 488. Page 449, line 16: delete "$500,000" and substitute "$750,000".

AB133-SSA1-SA1,110,11 489. Page 450, line 13: after that line insert:

AB133-SSA1-SA1,110,18 "(2m) Rock River; recreational corridor. (a) From the appropriation under s. 20.866 (2) (tz), the department shall provide funding to the city of Janesville under the urban rivers grant program under s. 30.277 for the Rock River Recreational Corridor. The amount provided by the department under this paragraph may not exceed that amount that equals the matching contributions made for the corridor by the city of Janesville or $100,000, whichever is less. The requirements for matching contributions under s. 30.277 (5) shall apply.

AB133-SSA1-SA1,110,21 (b) The funding under par. (a) is in addition to any encumbrance or expenditure approved by the joint committee on finance under s. 23.0915 (4) for the Rock River Recreational Corridor.".

AB133-SSA1-SA1,110,22 490. Page 450, line 17: delete "$100,000" and substitute "$125,000".

AB133-SSA1-SA1,110,23 491. Page 450, line 25: after that line insert:

AB133-SSA1-SA1,111,10 "(3m) Rib Mountain State Park. From the appropriation under s. 20.866 (2) (ta) or (tz) or both, the department shall provide funding in the amount of $500,000 to rebuild a chalet at Rib Mountain State Park. The department shall determine how the moneys being provided under this subsection will be allocated between the appropriations under s. 20.866 (2) (ta) and (tz). For purposes of s. 23.0915 (1), moneys provided from the appropriation under s. 20.866 (2) (tz) shall be treated as moneys expended for general property development. For purposes of s. 23.0917, moneys provided from the appropriation under s. 20.866 (2) (ta) shall be treated as moneys obligated under the subprogram for property development and local assistance.".

AB133-SSA1-SA1,111,11 492. Page 462, line 7: after that line insert:

AB133-SSA1-SA1,111,12 " Section 689b. 24.61 (2) (a) (title) of the statutes is amended to read:

AB133-SSA1-SA1,111,13 24.61 (2) (a) (title) Authorized investments by board.

AB133-SSA1-SA1, s. 689d Section 689d. 24.61 (2) (a) 3. of the statutes is amended to read:

AB133-SSA1-SA1,111,15 24.61 (2) (a) 3. Bonds and notes of this state.

AB133-SSA1-SA1, s. 689fh Section 689fh. 24.61 (2) (b) of the statutes is amended to read:

AB133-SSA1-SA1,111,18 24.61 (2) (b) Deposited with state treasurer. All bonds, notes and other securities so purchased under par. (a) shall be deposited with the state treasurer.

AB133-SSA1-SA1, s. 689j Section 689j. 24.61 (2) (c) of the statutes is created to read:

AB133-SSA1-SA1,111,24 24.61 (2) (c) Delegation of investment authority to investment board. The board may delegate to the investment board the authority to invest part or all of the moneys belonging to the trust funds. If the board delegates the authority, the investment board may invest the moneys belonging to the trust funds in any manner authorized for the investment of any funds specified in s. 25.17 (1).

AB133-SSA1-SA1, s. 689L Section 689L. 24.62 (1) of the statutes is amended to read:

AB133-SSA1-SA1,112,9 24.62 (1) Except as authorized in sub. (2), the board shall deduct its expenses incurred in administering investments and loans under s. 24.61 from the gross receipts of the fund to which the interest and income of the investment or loan will be added. If the board delegates to the investment board the authority to invest part or all of the moneys belonging to the trust funds, the investment board shall deduct its expenses incurred in administering investments under s. 24.61 from the gross receipts of the fund to which the interest and income of the investment will be added.".

AB133-SSA1-SA1,112,10 493. Page 463, line 14: after that line insert:

AB133-SSA1-SA1,112,11 " Section 694s. 25.16 (8) of the statutes is created to read:

AB133-SSA1-SA1,112,19 25.16 (8) The executive director shall assign an investment professional to assist the board of commissioners of public lands in establishing and maintaining investment objectives with respect to the investment of the assets of the agricultural college fund, the common school fund, the normal school fund and the university fund. An amount equal to the cost of any services rendered to the board of commissioners of public lands under this subsection shall be deducted from the gross receipts of the fund to which the moneys invested belong and shall be credited to the appropriation account under s. 20.536 (1) (k).".