Amendment AA3-AB726

LRBa1051/1

RJM/JTK:jld:rs

2001 - 2002 LEGISLATURE

ASSEMBLY AMENDMENT 3, TO 2001 ASSEMBLY BILL 726

January 16, 2002 - Offered by Committee on Campaigns and Elections.

AB726-AA3,1,1 At the locations indicated, amend the bill as follows:

AB726-AA3,1,2 1. Page 1, line 4: delete "parties and" and substitute "parties,".

AB726-AA3,1,4 2. Page 1, line 5: after "committees" insert ", providing an exemption from emergency rule procedures and granting rule-making authority".

AB726-AA3,1,6 3. Page 5, line 17: delete "No" and substitute "No except as provided under sub. (10a), no".

AB726-AA3,1,8 4. Page 5, line 23: delete "No" and substitute "No except as provided under sub. (10a), no".

AB726-AA3,1,10 5. Page 6, line 1: delete "No" and substitute "No except as provided under sub. (10a), no".

AB726-AA3,1,11 6. Page 6, line 14: after that line insert:

AB726-AA3,1,12 " Section 13d. 11.26 (10a) of the statutes is created to read:

AB726-AA3,2,3 11.26 (10a) (a) In this subsection, "consumer price index" means the average of the consumer price index over each 12-month period, all items, U.S. city average, as determined by the bureau of labor statistics of the U.S. department of labor.

AB726-AA3,2,18 (b) The dollar amounts of the limitations under sub. (8) are subject to a quadrennial adjustment to be determined by rule of the board in accordance with this subsection. To determine the adjustment, the board shall, in each year that the adjustment is made, calculate the percentage difference between the consumer price index for the 12-month period ending on December 31 of the preceding year and the consumer price index for calendar year 2001. Beginning in 2006 and every 4 years thereafter, the board shall multiply the amount of each limitation under sub. (8) by the percentage difference in the consumer price indices. The board shall adjust the amount of each limitation to substitute that result for the existing amount to the extent required to reflect any difference, rounded to the nearest multiple of $5. The amount so determined shall then be in effect until a subsequent rule is promulgated under this subsection. Notwithstanding s. 227.24 (1) (a), (2) (b), and (3), determinations under this subsection may be promulgated as an emergency rule under s. 227.24 without providing evidence that the emergency rule is necessary for the public peace, health, safety, or welfare and without a finding of emergency.".

AB726-AA3,2,19 7. Page 7, line 2: after that line insert:

AB726-AA3,2,20 " Section 15t. Initial applicability.

AB726-AA3,2,23 (1) Cost of living adjustments. The treatment of section 11.26 (10a) of the statutes first applies to adjustments for the 4-year period beginning on January 1, 2006.".

AB726-AA3,2,24 (End)