SB45-SSA1, s. 2504e 5Section 2504e. 281.58 (12) (f) of the statutes is amended to read:
SB45-SSA1,1241,86 281.58 (12) (f) The department and the department of administration jointly
7may request the joint committee on finance to take action under s. 13.101 (11) to
8modify the percentage of market interest rates established in par. (a) 1. to or 3.
SB45-SSA1, s. 2504p 9Section 2504p. 281.59 (1) (d) (intro.) of the statutes is amended to read:
SB45-SSA1,1241,1310 281.59 (1) (d) (intro.) "Subsidy" means the amounts provided from the
11environmental improvement fund to clean water fund program, safe drinking water
12loan program, urban storm water loan program and land recycling loan program
13projects for the following purposes:
SB45-SSA1, s. 2504q 14Section 2504q. 281.59 (1) (d) 1. of the statutes is amended to read:
SB45-SSA1,1241,1715 281.59 (1) (d) 1. To reduce the interest rate of clean water fund program, safe
16drinking water loan program, urban storm water loan program and land recycling
17loan program loans from market rate to a subsidized rate.
SB45-SSA1, s. 2504r 18Section 2504r. 281.59 (1) (em) of the statutes is created to read:
SB45-SSA1,1241,2119 281.59 (1) (em) "Urban storm water loan program" means the program
20administered under s. 281.595, with financial management provided under this
21section.
SB45-SSA1, s. 2505 22Section 2505. 281.59 (1m) (c) of the statutes is created to read:
SB45-SSA1,1241,2423 281.59 (1m) (c) There is established a private sewage system replacement and
24rehabilitation loan program, administered under s. 145.245 (12m).
SB45-SSA1, s. 2506f 25Section 2506f. 281.59 (1m) (d) of the statutes is created to read:
SB45-SSA1,1242,3
1281.59 (1m) (d) There is established an urban storm water loan program,
2administered under s. 281.595, with financial management provided under this
3section.
SB45-SSA1, s. 2506g 4Section 2506g. 281.59 (2) (a) of the statutes is amended to read:
SB45-SSA1,1242,65 281.59 (2) (a) Administer its responsibilities under this section and ss. 281.58,
6281.595, 281.60 and 281.61.
SB45-SSA1, s. 2506h 7Section 2506h. 281.59 (2) (b) of the statutes is amended to read:
SB45-SSA1,1242,108 281.59 (2) (b) Cooperate with the department in administering the clean water
9fund program, the safe drinking water loan program, the urban storm water loan
10program
and the land recycling loan program.
SB45-SSA1, s. 2506i 11Section 2506i. 281.59 (3) (a) 1. of the statutes is amended to read:
SB45-SSA1,1242,1412 281.59 (3) (a) 1. An estimate of the wastewater treatment, safe drinking water,
13urban storm water
and land recycling project needs of the state for the 4 fiscal years
14of the next 2 biennia.
SB45-SSA1, s. 2506j 15Section 2506j. 281.59 (3) (a) 4. of the statutes is amended to read:
SB45-SSA1,1242,1816 281.59 (3) (a) 4. The extent to which the funding for the clean water fund
17program, the urban storm water loan program and the safe drinking water loan
18program, in the environmental improvement fund, will be maintained in perpetuity.
SB45-SSA1, s. 2506k 19Section 2506k. 281.59 (3) (a) 5. of the statutes is amended to read:
SB45-SSA1,1243,320 281.59 (3) (a) 5. The most recent available audited financial statements of the
21past operations and activities of the clean water fund program, the safe drinking
22water loan program, the urban storm water loan program and the land recycling loan
23program, the estimated environmental improvement fund capital available in each
24of the next 4 fiscal years for the clean water fund program, the urban storm water
25loan program
and the safe drinking water loan program, and the projected

1environmental improvement fund balance for the clean water fund program, the
2urban storm water loan program
and the safe drinking water loan program for each
3of the next 20 years given existing obligations and financial conditions.
SB45-SSA1, s. 2506L 4Section 2506L. 281.59 (3) (a) 6s. of the statutes is created to read:
SB45-SSA1,1243,85 281.59 (3) (a) 6s. An amount equal to the estimated present value of subsidies
6for all loans under the urban storm water loan program to be made during the
7biennium for which the biennial finance plan is prepared, discounted at a rate of 7%
8per year to the first day of that biennium.
SB45-SSA1, s. 2506m 9Section 2506m. 281.59 (3) (a) 7. of the statutes is amended to read:
SB45-SSA1,1243,1110 281.59 (3) (a) 7. A discussion of the assumptions made in calculating the
11amounts under subds. 6., 6e. and, 6m . and 6s.
SB45-SSA1, s. 2506q 12Section 2506q. 281.59 (3) (j) of the statutes is amended to read:
SB45-SSA1,1243,1913 281.59 (3) (j) No later than November 1 of each odd-numbered year, the
14department of administration and the department jointly shall submit a report, to
15the building commission and committees as required under par. (bm), on the
16implementation of the amount established under sub. (3e) (b) as required under s.
17281.58 (9m) (e), and on the operations and activities of the clean water fund program,
18the safe drinking water loan program, the urban storm water loan program and the
19land recycling loan program for the previous biennium.
SB45-SSA1, s. 2507 20Section 2507. 281.59 (3e) (b) 1. and 3. of the statutes are amended to read:
SB45-SSA1,1243,2221 281.59 (3e) (b) 1. Equal to $90,200,000 $85,200,000 during the 1997-99
221999-01 biennium.
SB45-SSA1,1243,2323 3. Equal to $1,000 for any biennium after the 1997-99 1999-01 biennium.
SB45-SSA1, s. 2508 24Section 2508. 281.59 (3m) (b) 1. and 2. of the statutes are amended to read:
SB45-SSA1,1244,2
1281.59 (3m) (b) 1. Equal to $4,500,000 $9,400,000 during the 1997-99 1999-01
2biennium.
SB45-SSA1,1244,33 2. Equal to $1,000 for any biennium after the 1997-99 1999-01 biennium.
SB45-SSA1, s. 2509 4Section 2509. 281.59 (3s) (b) 1. and 2. of the statutes are amended to read:
SB45-SSA1,1244,65 281.59 (3s) (b) 1. Equal to $21,000,000 $5,200,000 during the 1997-99 1999-01
6biennium.
SB45-SSA1,1244,77 2. Equal to $1,000 for any biennium after the 1997-99 1999-01 biennium.
SB45-SSA1, s. 2509m 8Section 2509m. 281.59 (3v) of the statutes is created to read:
SB45-SSA1,1244,129 281.59 (3v) Urban storm water loan program expenditures. (a) No moneys
10may be expended for the urban storm water loan program in a biennium until the
11legislature reviews and approves all of the following as part of the biennial budget
12act for the biennium:
SB45-SSA1,1244,1513 1. An amount of present value of the subsidy for the urban storm water loan
14program that is specified for that biennium under par. (b) and is based on the amount
15included in the biennial finance plan under sub. (3) (a) 6s.
SB45-SSA1,1244,1716 2. The amount of public debt, authorized under s. 20.866 (2) (tc), that the state
17may contract for the purposes of the urban storm water loan program.
SB45-SSA1,1244,1918 (b) The amount of present value of the subsidy for the urban storm water loan
19program that is approved by the legislature under this paragraph is as follows:
SB45-SSA1,1244,2020 1. Equal to $4,500,000 during the 1999-01 biennium.
SB45-SSA1,1244,2121 2. Equal to $1,000 for any biennium after the 1999-01 biennium.
SB45-SSA1,1244,2422 (c) The department of administration may allocate amounts approved under
23par. (b) as the present value of subsidies for financial assistance under the urban
24storm water loan program.
SB45-SSA1,1245,5
1(d) Using the amount approved under par. (b) as a base, the department of
2administration shall calculate the present value of the actual subsidy of each urban
3storm water loan made for those projects in each biennium that are approved for
4financial assistance. The present value shall be discounted as provided under sub.
5(3) (a) 6s.
SB45-SSA1, s. 2509p 6Section 2509p. 281.59 (4) (a) of the statutes is amended to read:
SB45-SSA1,1245,97 281.59 (4) (a) The clean water fund program is a and the urban storm water
8loan program are
revenue-producing enterprise or program enterprises or
9programs,
as defined in s. 18.52 (6).
SB45-SSA1, s. 2509q 10Section 2509q. 281.59 (4) (am) of the statutes is amended to read:
SB45-SSA1,1245,1511 281.59 (4) (am) Deposits, appropriations or transfers to the environmental
12improvement fund for the purposes of the clean water fund program or the urban
13storm water loan program
may be funded with the proceeds of revenue obligations
14issued subject to and in accordance with subch. II of ch. 18 or in accordance with
15subch. IV of ch. 18 if designated a higher education bond.
SB45-SSA1, s. 2510 16Section 2510. 281.59 (4) (b) of the statutes is amended to read:
SB45-SSA1,1245,2317 281.59 (4) (b) The department of administration may, under s. 18.56 (5) and (9)
18(j)
18.561 or 18.562, deposit in a separate and distinct fund in the state treasury or
19in an account maintained by a trustee outside the state treasury, any portion of the
20revenues derived under s. 25.43 (1). The revenues deposited with a trustee outside
21the state treasury are the trustee's revenues in accordance with the agreement
22between this state and the trustee or in accordance with the resolution pledging the
23revenues to the repayment of revenue obligations issued under this subsection.
SB45-SSA1, s. 2510d 24Section 2510d. 281.59 (4) (c) of the statutes is amended to read:
SB45-SSA1,1246,10
1281.59 (4) (c) The building commission may pledge any portion of revenues
2received or to be received in the fund established in par. (b) or the environmental
3improvement fund to secure revenue obligations issued under this subsection. The
4pledge shall provide for the transfer to the environmental improvement fund of all
5pledged revenues, including any interest earned on the revenues, which are in excess
6of the amounts required to be paid under s. 20.320 (1) (c) and (u) for the purposes of
7the clean water fund program or the urban storm water loan program. The pledge
8shall provide that the transfers be made at least twice yearly, that the transferred
9amounts be deposited in the environmental improvement fund and that the
10transferred amounts are free of any prior pledge.
SB45-SSA1, s. 2511 11Section 2511. 281.59 (9) (a) of the statutes is amended to read:
SB45-SSA1,1246,1912 281.59 (9) (a) A loan approved under the clean water fund program, the safe
13drinking water loan program, the urban storm water loan program or the land
14recycling loan program shall be for no longer than 20 years, as determined by the
15department of administration, be fully amortized not later than 20 years after the
16original date of the note financial assistance agreement, and require the repayment
17of principal and interest, if any, to begin not later than 12 months after the expected
18date of completion of the project that it funds, as determined by the department of
19administration.
SB45-SSA1, s. 2511c 20Section 2511c. 281.59 (9) (am) of the statutes is amended to read:
SB45-SSA1,1247,521 281.59 (9) (am) The department of administration, in consultation with the
22department, may establish those terms and conditions of a financial assistance
23agreement that relate to its financial management, including what type of municipal
24obligation, as set forth under s. 66.36, is required for the repayment of the financial
25assistance. Any terms and conditions established under this paragraph by the

1department of administration shall comply with the requirements of this section and
2s. 281.58, 281.595, 281.60 or 281.61. In setting the terms and conditions, the
3department of administration may consider factors that the department of
4administration finds are relevant, including the type of obligation evidencing the
5loan, the pledge of security for the obligation and the applicant's creditworthiness.
SB45-SSA1, s. 2511e 6Section 2511e. 281.59 (9) (b) (intro.) of the statutes is amended to read:
SB45-SSA1,1247,107 281.59 (9) (b) (intro.) As a condition of receiving financial assistance under the
8clean water fund program, the safe drinking water loan program, the urban storm
9water loan program
or the land recycling loan program, an applicant shall do all of
10the following:
SB45-SSA1, s. 2511f 11Section 2511f. 281.59 (9) (b) 1. of the statutes is amended to read:
SB45-SSA1,1247,1412 281.59 (9) (b) 1. Pledge the security, if any, required by the rules promulgated
13by the department of administration under this section and s. 281.58, 281.595,
14281.60 or 281.61.
SB45-SSA1, s. 2511g 15Section 2511g. 281.59 (11) (a) of the statutes is amended to read:
SB45-SSA1,1247,2116 281.59 (11) (a) The department of natural resources and the department of
17administration may enter into a financial assistance agreement with an applicant
18for which the department of administration has allocated subsidy under s. 281.58
19(9m), 281.595 (8), 281.60 (8) or 281.61 (8) if the applicant meets the conditions under
20sub. (9) and the other requirements under this section and s. 281.58, 281.595, 281.60
21or 281.61.
SB45-SSA1, s. 2511i 22Section 2511i. 281.59 (11) (b) of the statutes is amended to read:
SB45-SSA1,1248,623 281.59 (11) (b) If a municipality fails to make a principal repayment or interest
24payment after its due date, the department of administration shall place on file a
25certified statement of all amounts due under this section and s. 281.58, 281.595,

1281.60 or 281.61. After consulting the department, the department of
2administration may collect all amounts due by deducting those amounts from any
3state payments due the municipality or may add a special charge to the amount of
4taxes apportioned to and levied upon the county under s. 70.60. If the department
5of administration collects amounts due, it shall remit those amounts to the fund to
6which they are due and notify the department of that action.
SB45-SSA1, s. 2511k 7Section 2511k. 281.59 (11) (c) of the statutes is amended to read:
SB45-SSA1,1248,128 281.59 (11) (c) The department of administration may retain the last payment
9under a financial assistance agreement until the department of natural resources
10and the department of administration determine that the project is completed and
11meets the applicable requirements of this section and s. 281.58, 281.595, 281.60 or
12281.61 and that the conditions of the financial assistance agreement are met.
SB45-SSA1, s. 2512 13Section 2512. 281.59 (12) of the statutes is amended to read:
SB45-SSA1,1248,1814 281.59 (12) Municipal obligations. The department of administration may
15purchase or refinance obligations specified in s. 281.58 (6) (b) 1. or 2. and guarantee
16or purchase insurance for municipal obligations specified in s. 281.58 (6) (b) 3. if the
17department of administration and the department of natural resources approve the
18financial assistance under this section and s. 281.58.
SB45-SSA1, s. 2512e 19Section 2512e. 281.59 (13s) of the statutes is amended to read:
SB45-SSA1,1248,2320 281.59 (13s) Powers. The department of administration may audit, or contract
21for audits of, projects receiving financial assistance under the clean water fund
22program, the safe drinking water loan program, the urban storm water loan program
23and the land recycling loan program.
SB45-SSA1, s. 2512g 24Section 2512g. 281.59 (14) of the statutes is amended to read:
SB45-SSA1,1249,3
1281.59 (14) Rules. The department of administration shall promulgate rules
2that are necessary for the proper execution of this section and of its responsibilities
3under ss. 281.58, 281.595, 281.60 and 281.61.
SB45-SSA1, s. 2512j 4Section 2512j. 281.595 of the statutes is created to read:
SB45-SSA1,1249,5 5281.595 Urban storm water loan program. (1) Definitions. In this section:
SB45-SSA1,1249,86 (a) "Local governmental unit" means a city, village, town, county, town sanitary
7district, public inland lake protection and rehabilitation district or metropolitan
8sewerage district.
SB45-SSA1,1249,119 (b) "Market interest rate" means the interest at the effective rate of a revenue
10obligation issued by this state to fund a loan or portion of a loan for a clean water fund
11program project under s. 281.58.
SB45-SSA1,1249,1312 (c) "Population" means population shown by the last federal census or by any
13subsequent population estimate under s. 16.96.
SB45-SSA1,1249,1414 (d) "Urban area" means any of the following:
SB45-SSA1,1249,1515 1. An area with a population of 1,000 or more per square mile.
SB45-SSA1,1249,1616 2. An area in which the land is used for industrial or commercial land uses.
SB45-SSA1,1249,1717 3. An area that is surrounded by an area described in subd. 1. or 2.
SB45-SSA1,1249,1918 (e) "Urban storm water loan program" means the program administered under
19this section, with financial management provided under s. 281.59.
SB45-SSA1,1249,23 20(2) General. The department and the department of administration shall
21administer a program to provide financial assistance to local governmental units for
22the planning, designing, construction or modification of nonpoint source pollution
23and urban storm water runoff projects in urban areas.
SB45-SSA1,1250,3
1(2g) Ineligible uses. A local governmental unit may not use financial
2assistance under this section to pay any portion of the cost of a project for which
3financial assistance is provided under s. 281.65.
SB45-SSA1,1250,6 4(2r) Methods of providing financial assistance. The following methods of
5providing financial assistance may be used under the urban storm water loan
6program:
SB45-SSA1,1250,87 (a) Making loans below the market interest rate for projects described in sub.
8(2).
SB45-SSA1,1250,109 (b) Purchasing or refinancing the obligation of a local governmental unit that
10was incurred to finance the cost of a project described in sub. (2).
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