SB55-SSA1-CA1,750,24
20a. The amount appropriated under
ss.
s. 20.155 (1) (q),
except that in fiscal year
212003-04 the total amount of contributions in that fiscal year under this subd. 3. a.
22may not exceed $5,000,000 and except that beginning in fiscal year 2004-05 the total
23amount of contributions in a fiscal year under this subd. 3. a. may not exceed
24$6,000,000.
SB55-SSA1-CA1,751,2
1b. The amounts appropriated under ss. 20.255 (3) (q), 20.275 (1) (s), (t) and (tm)
2and 20.285 (1) (q).
SB55-SSA1-CA1,751,6
33m. Contributions
under this paragraph may be based only on the gross
4operating revenues from the provision of broadcast services identified by the
5commission under subd. 2. and on intrastate telecommunications services in this
6state of the telecommunications providers subject to the contribution.".
SB55-SSA1-CA1,751,1210
196.218
(5) (a) 10. To make the grant awarded by the technology for educational
11achievement in Wisconsin board to the Racine Unified School District under s. 44.72
12(3).".
SB55-SSA1-CA1,751,15
14"
Section 3001b. 196.491 (1) (w) of the statutes is renumbered 196.491 (1) (w)
151., and 196.491 (1) (w) 1. (intro.), as renumbered, is amended to read:
SB55-SSA1-CA1,751,1916
196.491
(1) (w) 1. (intro.) "Wholesale merchant plant" means
, except as
17provided in subd. 2., electric generating equipment and associated facilities located
18in this state that do not provide service to any retail customer and that are owned
19and operated by any of the following:
SB55-SSA1-CA1,751,2321
196.491
(1) (w) 2. "Wholesale merchant plant" does not include an electric
22generating facility or an improvement to an electric generating facility that is subject
23to a leased generation contract, as defined in s. 196.52 (9) (a) 3.".
SB55-SSA1-CA1,752,6
2196.496 Distributed generation facilities. (1) Definition. In this section,
3"distributed generation facility" means a facility for the generation of electricity with
4a capacity of no more than 15 megawatts that is located near the point where the
5electricity will be used or is in a location that will support the functioning of the
6electric power distribution grid.
SB55-SSA1-CA1,752,12
7(2) Rules. The commission shall promulgate rules establishing standards for
8the connection of distributed generation facilities to electric distribution facilities.
9To the extent technically feasible and cost effective, the standards shall be uniform
10and shall promote the development of distributed generation facilities. The
11standards shall address engineering, electric reliability, and safety concerns and the
12methods for determining charges for interconnection.".
SB55-SSA1-CA1,752,1815
121.06
(4) For purposes of computing state aid under s. 121.08, equalized
16valuations calculated under sub. (1) and certified under sub. (2) shall include the full
17value of
computers property that
are is exempt under s. 70.11 (39)
and (39m) as
18determined under s. 79.095 (3).".
SB55-SSA1-CA1,752,2222
196.52
(9) (a) In this subsection:
SB55-SSA1-CA1,752,2323
1. "Electric generating equipment" means any of the following:
SB55-SSA1-CA1,752,2424
a. An electric generator.
SB55-SSA1-CA1,753,2
1b. A machine that drives an electric generator, including an engine, turbine,
2water wheel, or wind mill.
SB55-SSA1-CA1,753,53
c. Equipment that converts a fuel or source of energy into energy that powers
4a machine that drives an electric generator, including a boiler, but not including a
5nuclear reactor.
SB55-SSA1-CA1,753,66
d. A fuel or photovoltaic cell.
SB55-SSA1-CA1,753,97
2. "Electric generating facility" means electric generating equipment and
8associated facilities that, together, constitute a complete facility for the generation
9of electricity.
SB55-SSA1-CA1,753,1410
3. "Leased generation contract" means a contract or arrangement or set of
11contracts or arrangements under which an affiliated interest of a public utility
12agrees with the public utility to construct or improve an electric generating facility
13and to lease to the public utility land and the facility for operation by the public
14utility.
SB55-SSA1-CA1,753,1615
(b) The commission may approve a leased generation contract under sub. (3)
16only if all of the following apply:
SB55-SSA1-CA1,753,1917
1. The commission has not issued a certificate under s. 196.49 or a certificate
18of public convenience and necessity under s. 196.491 (3) before January 1, 2002, for
19any construction or improvement that is subject to the leased generation contract.
SB55-SSA1-CA1,753,2120
2. Construction or improvement of the electric generating facility that is
21subject to the leased generation contract commences on or after January 1, 2002.
SB55-SSA1-CA1,753,2422
3. Except as provided in s. 196.795 (5) (k) 3., no electric generating facility,
23electric generating equipment, or associated facilities, held or used by the public
24utility for the provision of electric service, is transferred to the affiliated interest.
SB55-SSA1-CA1,754,2
14. The estimated gross cost of the construction or improvement that is subject
2to the leased generation contract is at least $10,000,000.
SB55-SSA1-CA1,754,33
5. The construction or improvement is not to a nuclear-powered facility.
SB55-SSA1-CA1,754,74
6. Any real property that the public utility transfers to the affiliated interest
5for the purpose of implementing the leased generation contract is transferred at book
6value, which is determined on the basis of the regulated books of account at the time
7of the transfer.
SB55-SSA1-CA1,754,138
7. If the public utility transfers real property to the affiliated interest for the
9purpose of implementing the leased generation contract, the leased generation
10contract provides for transferring that real property back to the public utility, on the
11same terms and conditions as the original transfer, if the commission determines
12that the construction or improvement that is subject to the leased generation
13contract has not been completed.
SB55-SSA1-CA1,754,1514
8. The leased generation contract provides that, upon termination of the
15contract, all of the following apply:
SB55-SSA1-CA1,754,2016
a. The public utility shall have the option, subject to commission approval, to
17extend the contract, or purchase the electric generating facility or the improvements
18to an electric generating facility, at fair market value as determined by a valuation
19process that is conducted by an independent third party and that is specified in the
20contract.
SB55-SSA1-CA1,755,221
b. If the public utility exercises the option specified in subd. 8. a., the affiliated
22interest may require the public utility to extend the contract, rather than purchase
23the facilities or improvements, if the affiliated interest demonstrates to the
24commission that the extension avoids material adverse tax consequences and that
1the extension provides terms and conditions that are economically equivalent to a
2purchase.
SB55-SSA1-CA1,755,43
9. For any gas-fired electric generating facility that is constructed under the
4leased generation contract, the term of the lease is 20 years or more.
SB55-SSA1-CA1,755,65
10. For any coal-fired electric generating facility that is constructed under the
6leased generation contract, the term of the lease is 25 years or more.
SB55-SSA1-CA1,755,147
11. The leased generation contract does not take effect until the date on which
8the affiliated interest commences construction or improvement of the electric
9generating facility, except that, if the leased generation contract relates to the
10construction or improvement of more than one electric generating facility, the leased
11generation contract does not take effect with respect to the construction or
12improvement of an individual electric generating facility until the date on which the
13affiliated interest commences construction or improvement on that electric
14generating facility.
SB55-SSA1-CA1,755,2015
(c) Except as provided in par. (d), the commission may not increase or decrease
16the retail revenue requirements of a public utility on the basis of any income,
17expense, gain, or loss that is received or incurred by an affiliated interest of the public
18utility and that arises from the ownership of an electric generating facility or an
19improvement to an electric generating facility by an affiliated interest under a leased
20generation contract.
SB55-SSA1-CA1,756,321
(d) The commission shall allow a public utility that has entered into a leased
22generation contract that has been approved by the commission under sub. (3) to
23recover fully in its retail rates that portion of any payments under the leased
24generation contract that the commission allocates to the public utility's retail electric
25service, and that portion of all other costs that is prudently incurred in the public
1utility's operation and maintenance of the electric generating facility or
2improvement that is subject to the leased generation contract and that the
3commission allocates to the public utility's retail electric service.
SB55-SSA1-CA1,756,74
(e) Notwithstanding sub. (5) (a), the commission may not modify or terminate
5a leased generation contract approved under sub. (3) except as specified in the leased
6generation contract or the commission's order approving the leased generation
7contract.
SB55-SSA1-CA1,756,108
(f) The commission shall maintain jurisdiction to ensure that the construction
9or improvement under a leased generation contract approved under sub. (3) is
10completed as provided in the leased generation contract.
SB55-SSA1-CA1,756,1611
(g) Nothing in this subsection prohibits a cooperative association organized
12under ch. 185, a municipal utility, as defined in s. 196.377 (2) (a) 3., or a municipal
13electric company, as defined in s. 66.0825 (3) (d), from acquiring an interest in an
14electric generating facility that is constructed pursuant to a leased generation
15contract or from acquiring an interest in land on which such an electric generating
16facility is located.".
SB55-SSA1-CA1,756,2219
196.795
(5) (k) 3. For the purpose of implementing a leased generation
20contract, as defined in s. 196.52 (9) (a) 3., that is approved under s. 196.52 (3), a public
21utility affiliate may transfer to a nonutility affiliate, at book value determined on the
22basis of the regulated books of account at the time of the transfer, any of the following:
SB55-SSA1-CA1,756,2323
a. Land that is held or used for the provision of utility service.
SB55-SSA1-CA1,757,5
1b. Electric generating equipment or associated facilities that are located on the
2land on which an electric generating facility subject to a leased generation contract
3is to be constructed, and that are part of an electric generating facility on that land
4that is no longer used or useful for the provision of utility service and that has been
5retired from the provision of utility service.".
SB55-SSA1-CA1,757,128
200.49
(1) (a) "Minority business" means a
sole proprietorship, partnership,
9limited liability company, joint venture or corporation that is at least 51% owned and
10controlled by one or more minority group members and that is engaged in
11construction or construction-related activities business that is certified by the
12department of commerce under s. 560.036 (2).
SB55-SSA1-CA1,757,1714
200.49
(3) Request for proposals. (intro.) The executive director shall request
15proposals for prime contracts from bondable general contractors or construction
16contractors that are
bona fide independent minority businesses. Each proposal
17submitted shall include all of the following conditions:
SB55-SSA1-CA1,757,2219
200.49
(3) (b) A subcontracting plan that provides sufficient detail to enable
20the executive director to determine that the prime contractor has made or will make
21a good faith effort to award at least 20% of the total contract amount to
bona fide
22independent minority business subcontractors.
SB55-SSA1-CA1,758,22
218.0101
(19m) "Low-speed vehicle" has the meaning given in s. 340.01 (27m).
SB55-SSA1-CA1,758,64
218.0101
(23) (a) 2. Is engaged wholly or in part in the business of selling or
5leasing motor vehicles, including motorcycles
and low-speed vehicles, whether or
6not the motor vehicles are owned by that person, firm or corporation.
SB55-SSA1-CA1,758,168
218.0114
(5) (a) A motor vehicle dealer or an applicant for a motor vehicle
9dealer license shall provide and maintain in force a bond or irrevocable letter of credit
10of not less than $25,000 or, if the dealer or applicant sells or proposes to sell
11motorcycles
or low-speed vehicles, or both, and not other types of motor vehicles, a
12bond or irrevocable letter of credit of not less than $5,000. The bond or letter of credit
13shall be executed in the name of the department of transportation for the benefit of
14any person who sustains a loss because of an act of a motor vehicle dealer that
15constitutes grounds for the suspension or revocation of a license under ss. 218.0101
16to 218.0163.
SB55-SSA1-CA1,758,2018
218.0122
(3) This section does not apply to motorcycles
or low-speed vehicles 19that are delivered in a crated, disassembled condition to the dealer or the dealer's
20agent.
SB55-SSA1-CA1,759,622
218.0171
(2) (b) 2. b. Accept return of the motor vehicle and refund to the
23consumer and to any holder of a perfected security interest in the consumer's motor
24vehicle, as their interest may appear, the full purchase price plus any sales tax,
25finance charge, amount paid by the consumer at the point of sale and collateral costs,
1less a reasonable allowance for use. Under this subdivision, a reasonable allowance
2for use may not exceed the amount obtained by multiplying the full purchase price
3of the motor vehicle by a fraction, the denominator of which is 100,000 or, for a
4motorcycle
or low-speed vehicle, 20,000, and the numerator of which is the number
5of miles the motor vehicle was driven before the consumer first reported the
6nonconformity to the motor vehicle dealer.".
SB55-SSA1-CA1,759,8
8"
Section 3023. 221.0320 (2) (a) (intro.) of the statutes is amended to read:
SB55-SSA1-CA1,759,129
221.0320
(2) (a) (intro.) A liability secured by warehouse receipts issued by
10warehouse keepers licensed and bonded in this state under ss. 99.02 and 99.03 or
11under the federal bonded warehouse act or holding a
registration certificate license 12under
ch. 127 s. 126.26, if all of the following requirements are met:".
SB55-SSA1-CA1,760,10
15198.167 Certified public accountant; annual report. The directors of the
16district shall employ annually the commission or a certified public accountant
17licensed or certified under ch. 442 approved by said commission who shall be
18qualified to, and who shall with all due diligence, examine and report upon the
19system of accounts kept by the district, all the contracts of whatsoever kind made and
20entered into by the board of directors within the year immediately preceding, and the
21properties and investments of the district.
Said
The certified public accountant shall
22in the report make such recommendations and suggestions as to the
certified public 23accountant shall seem proper and required for the good of the district, and the
24efficient and economical or advantageous management and operation of the public
1utility or utilities of the district; and the
certified public accountant shall in the
2report make such recommendations and suggestions as to the system of accounts
3kept, or in the
certified public accountant's judgment to be kept, by the district, in
4connection with each public utility, the classification of the public utilities of the
5district and the establishment of a system of accounts for each class, the manner in
6which such accounts shall be kept, the form of accounts, records, and memoranda
7kept or to be kept, including accounts, records, and memoranda of receipts and
8expenditures of money, and depreciation and sinking fund accounts, as in the
9certified public accountant's judgment may be proper and necessary, and shall not
10conflict with the requirements of the commission.
SB55-SSA1-CA1,760,2012
214.76
(2) The
certified public accountant shall deliver the audit report to a
13committee composed of 3 or more members of the board of directors, none of whom
14may be an officer, employee or agent of the savings bank. The committee shall
15present the nature, extent and conclusions of the report at the next meeting of the
16board of directors. A written summary of the committee's presentation, together
17with a copy of the audit report and a list of all criticisms made by the
certified public 18accountant conducting the audit and any response of any member of the board of
19directors or any officer of the savings bank, shall be personally served or sent by
20certified mail to all members of the board of directors.
SB55-SSA1-CA1,761,2
21(4) The audit report filed with the division shall be certified by the
certified
22public accountant conducting the audit. If a savings bank fails to cause an audit to
23be made, the division shall order an audit to be made by an independent certified
24public accountant at the savings bank's expense. Instead of the audit required under
25sub. (1), the division may accept an audit or portion of an audit made exclusively for
1a deposit insurance corporation or for a financial regulator of another state if the
2home office of the savings bank is located in that state.
SB55-SSA1-CA1,761,64
215.523
(2) Legal counsel,
certified public accountants
licensed or certified
5under ch. 442, or other persons as to matters the director or officer believes in good
6faith are within the person's professional or expert competence.
SB55-SSA1-CA1,762,28
217.08
(2) Annual license fee; additions and deletions of locations. Each
9licensee shall file with the division on or before December 1 of each year a statement
10listing the locations of the offices of the licensee and the names and locations of the
11agents authorized by the licensee. Every licensee shall also on or before December
121 of each year file a financial statement of its assets and liabilities as of a date not
13earlier than the preceding August 31 or, if the licensee is audited annually by an
14independent
certified public accountant
licensed or certified under ch. 442 at the end
15of each fiscal year, the licensee may submit financial statements certified by
said the
16certified public accountant for the licensee's latest fiscal year. Such statement shall
17be accompanied by the annual licensee fee for the calendar year beginning the
18following January 1 in an amount determined under s. 217.05. The amount of the
19surety bond or deposit of securities required by s. 217.06 shall be adjusted to reflect
20the number of such locations. Licensees which do not pay the maximum license fee
21under s. 217.05 and which do not maintain a bond or deposit of securities in the
22maximum sum of $300,000 as provided in s. 217.06 shall also file a supplemental
23statement setting forth any changes in the list of offices and agents with the division
24on or before April 1, July 1 and October 1 of each year, and the principal sum of the
25corporate surety bond or deposit of securities required by s. 217.06 shall be adjusted
1to reflect any increase or decrease in the number of such locations. Any additional
2license fees which may become due under s. 217.05 shall be paid to the division.".
SB55-SSA1-CA1,762,105
CHAPTER 218
6
FINANCE COMPANIES, AUTO
7
DEALERS, ADJUSTMENT COMPANIES
8
and, collection agencies,
9rental-purchase companies, and
10
rent-to-own agreements
SB55-SSA1-CA1, s. 3020f
11Section 3020f. Subchapter XI of chapter 218 [precedes 218.61] of the statutes
12is created to read: