Amendment SSA1-SB44

SB44-SSA1,81,2 18.60 (2) If the commission determines to exchange refunding obligations, they may be exchanged privately for and in payment and discharge of any of the outstanding obligations or notes being refinanced. Refunding obligations may be exchanged for a like or greater principal amount of the obligations or notes being exchanged therefor except that the principal amount of the refunding obligations may exceed the principal amount of the obligations or notes being exchanged therefor only to the extent determined by the commission to be necessary or advisable to pay redemption premiums and unpaid interest to the date of exchange not otherwise provided for such principal amount of the obligations or notes being exchanged therefore as may be determined by the commission to be necessary or advisable. The owners of the obligations or notes being refunded who elect to exchange need not pay accrued interest on the refunding obligations if and to the extent that interest is accrued and unpaid on the obligations or notes being refunded and to be surrendered. If any of the obligations or notes to be refinanced are to be called for redemption, the commission shall determine which redemption dates shall be used, if more than one date is applicable and shall, prior to the issuance of the refunding obligations, provide for notice of redemption to be given in the manner and at the times required by the proceedings authorizing the outstanding obligations or notes.

SB44-SSA1, s. 269 Section 269. 18.60 (3) of the statutes is amended to read:

SB44-SSA1,82,8 18.60 (3) The principal proceeds from the sale of any refunding obligations shall be applied either to the immediate payment and retirement of the obligations or notes being refinanced or, if the obligations or notes have not matured and are not presently redeemable, to the creation of a trust for and shall be pledged to the payment of the obligations or notes being refinanced. If a trust is created, a separate deposit shall be made for each issue of obligations or notes being refinanced. Each deposit shall be with the state treasurer secretary of administration or a bank or trust company that is then a member of the federal deposit insurance corporation. If the total amount of any deposit, including money other than sale proceeds but legally available for such purpose, is less than the principal amount of the obligations or notes being refinanced and for the payment of which the deposit has been created and pledged, together with applicable redemption premiums and interest accrued and to accrue to maturity or to the date of redemption, then the application of the sale proceeds shall be legally sufficient only if the money deposited is invested in securities issued by the United States or one of its agencies, or securities fully guaranteed by the United States, and only if the principal amount of the securities at maturity and the income therefrom to maturity will be sufficient and available, without the need for any further investment or reinvestment, to pay at maturity or upon redemption the principal amount of the obligations or notes being refinanced together with applicable redemption premiums and interest accrued and to accrue to maturity or to the date of redemption. The income from the principal proceeds of the securities shall be applied solely to the payment of the principal of and interest and redemption premiums on the obligations or notes being refinanced, but provision may be made for the pledging and disposition of any surplus. Nothing in this subsection shall be construed as a limitation on the duration of any deposit in trust for the retirement of obligations or notes being refinanced, but which have not matured and which are not presently redeemable. Nothing in this subsection shall be construed to prohibit reinvestment of the income of a trust if the reinvestments will mature at such times that sufficient cash will be available to pay interest, applicable premiums, and principal on the obligations or notes being refinanced.

SB44-SSA1, s. 276 Section 276. 19.36 (4) of the statutes is amended to read:

SB44-SSA1,82,14 19.36 (4) Computer programs and data. A computer program, as defined in s. 22.03 16.971 (4) (c), is not subject to examination or copying under s. 19.35 (1), but the material used as input for a computer program or the material produced as a product of the computer program is subject to the right of examination and copying, except as otherwise provided in s. 19.35 or this section.

SB44-SSA1, s. 277 Section 277. 19.43 (7) of the statutes is amended to read:

SB44-SSA1,83,2 19.43 (7) If an official required to file fails to make a timely filing, the board shall promptly provide notice of the delinquency to the state treasurer secretary of administration, and to the chief executive of the department of which the official's office or position is a part, or, in the case of a district attorney, to the chief executive of that department and to the county clerk of each county served by the district attorney or in the case of a municipal judge to the clerk of the municipality of which the official's office is a part, or in the case of a justice, court of appeals judge, or circuit judge, to the director of state courts. Upon such notification both the state treasurer secretary of administration and the department, municipality, or director shall withhold all payments for compensation, reimbursement of expenses, and other obligations to the official until the board notifies the officers to whom notice of the delinquency was provided that the official has complied with this section.

SB44-SSA1, s. 279 Section 279. 19.45 (11) (a) of the statutes is amended to read:

SB44-SSA1,83,9 19.45 (11) (a) The administrator of the division of merit recruitment and selection in the department of employment relations office of state human resources management shall, with the board's advice, promulgate rules to implement a code of ethics for classified and unclassified state employees except state public officials subject to this subchapter, unclassified personnel in the University of Wisconsin System and officers and employees of the judicial branch.

SB44-SSA1, s. 280 Section 280. 20.003 (4) (e) of the statutes is amended to read:

SB44-SSA1,83,11 20.003 (4) (e) For fiscal year 2003-04, 1.6% $35,000,000.

SB44-SSA1, s. 281 Section 281. 20.003 (4) (f) of the statutes is amended to read:

SB44-SSA1,83,13 20.003 (4) (f) For fiscal year 2004-05, 1.8% $40,000,000.

SB44-SSA1, s. 282 Section 282. 20.003 (4) (fm) of the statutes is created to read:

SB44-SSA1,83,15 20.003 (4) (fm) For fiscal year 2005-06, $75,000,000.

SB44-SSA1, s. 283 Section 283. 20.003 (4) (g) of the statutes is amended to read:

SB44-SSA1,83,18 20.003 (4) (g) For fiscal year 2005-06 2006-07 and each fiscal year thereafter, 2%.

SB44-SSA1, s. 284 Section 284. 20.005 (1) of the statutes is repealed and recreated to read:

SB44-SSA1,83,22 20.005 (1) Summary of all funds. The budget governing fiscal operations for the state of Wisconsin for all funds beginning on July 1, 2003, and ending on June 30, 2005, is summarized as follows: [See Figure 20.005 (1) following]

SB44-SSA1,84,2 Figure: 20.005 (1)

SB44-SSA1,84,3 GENERAL FUND SUMMARY - See PDF for table

SUMMARY OF APPROPRIATIONS — ALL FUNDS - See PDF for table

SUMMARY OF COMPENSATION RESERVES — ALL FUNDS - See PDF for table

LOTTERY FUND SUMMARY - See PDF for table

SB44-SSA1, s. 285ag Section 285ag. 20.005 (2) of the statutes is repealed and recreated to read:

SB44-SSA1,86,5 20.005 (2) State borrowing program summary. The following schedule sets forth the state borrowing program summary: [See Figures 20.005 (2) (a) and (b) following]

SB44-SSA1,87,2 Figure: 20.005 (2) (a)

SB44-SSA1,87,3 SUMMARY OF BONDING AUTHORITY MODIFICATIONS 2003-05 FISCAL BIENNIUM - See PDF for table

SB44-SSA1,89,2 Figure: 20.005 (2) (b)

SB44-SSA1,89,3 GENERAL OBLIGATION AND BUILDING CORPORATION DEBT SERVICE FISCAL YEARS 2003-04 AND 2004-05 - See PDF for table

SB44-SSA1, s. 286 Section 286. 20.005 (3) of the statutes is repealed and recreated to read:

SB44-SSA1,97,2 20.005 (3) Appropriations. The following schedule sets forth all annual, biennial, and sum certain continuing appropriations and anticipated expenditures from other appropriations for the programs and other purposes indicated. All appropriations are made from the general fund unless otherwise indicated. The letter abbreviations shown designating the type of appropriation apply to both fiscal years in the schedule unless otherwise indicated. [See Figure 20.005 (3) following]

SB44-SSA1,97,4 Figure: 20.005 (3)

SB44-SSA1,97,5 - See PDF for table

SB44-SSA1, s. 287p Section 287p. 20.115 (1) (km) of the statutes is created to read:

SB44-SSA1,278,6 20.115 (1) (km) Consumer protection assessments. All moneys transferred under s. 100.261 (4) from the department of justice's sum certain, general purpose revenue state operations appropriations, for consumer protection and consumer information and education.

SB44-SSA1, s. 289 Section 289. 20.115 (7) (v) of the statutes is repealed.

SB44-SSA1, s. 290 Section 290. 20.115 (7) (va) of the statutes is created to read:

SB44-SSA1,278,11 20.115 (7) (va) Clean sweep grants. From the recycling fund, the amounts in the schedule for chemical and container collection grants under s. 93.55 and for household hazardous waste grants under s. 93.57.

SB44-SSA1, s. 291n Section 291n. 20.115 (8) (jm) of the statutes is amended to read:

SB44-SSA1,279,2 20.115 (8) (jm) Telephone solicitation regulation. The amounts in the schedule for establishing and maintaining the nonsolicitation directory under s. 100.52 (2). All moneys received from telephone solicitor registration and registration renewal fees paid under the rules promulgated under s. 100.52 (3) (a) for establishing and maintaining the nonsolicitation directory under s. 100.52 (2) shall be credited to this appropriation.

SB44-SSA1, s. 292c Section 292c. 20.143 (1) (c) of the statutes is amended to read:

SB44-SSA1,279,18 20.143 (1) (c) Wisconsin development fund; grants, loans, reimbursements, and assistance. Biennially, the amounts in the schedule for grants under ss. 560.145, 560.16, 560.175, and 560.26; for grants and loans under ss. 560.62, 560.63, and 560.66; for loans under s. 560.147; for reimbursements under s. 560.167; for providing assistance under s. 560.06; for the costs specified in s. 560.607; for the loan under 1999 Wisconsin Act 9, section 9110 (4); for the grants under 1995 Wisconsin Act 27, section 9116 (7gg), 1995 Wisconsin Act 119, section 2 (1), 1997 Wisconsin Act 27, section 9110 (6g), and 1999 Wisconsin Act 9, section 9110 (5), and 2003 Wisconsin Act .... (this act), section 9109 (1d) and (2q); and for providing up to $100,000 annually for the continued development of a manufacturing and advanced technology training center in Racine. Of the amounts in the schedule, $50,000 shall be allocated in each of fiscal years 1997-98 and 1998-99 for providing the assistance under s. 560.06 (1). Notwithstanding s. 560.607, of the amounts in the schedule, $125,000 shall be allocated in each of 4 consecutive fiscal years, beginning with fiscal year 1998-99, for grants and loans under s. 560.62 (1) (a).

SB44-SSA1, s. 292f Section 292f. 20.143 (1) (fj) of the statutes is created to read:

SB44-SSA1,279,21 20.143 (1) (fj) Manufacturing extension center grants. The amounts in the schedule for grants under s. 560.25.

SB44-SSA1, s. 292m Section 292m. 20.143 (1) (hm) of the statutes is amended to read:

SB44-SSA1,280,2 20.143 (1) (hm) Certified capital companies. All moneys received under subch. II of ch. 560 for the cost of administering subch. II of ch. 560. Notwithstanding s. 20.001 (3) (c), at the end of each fiscal year the unencumbered balance in this appropriation account shall lapse to the general fund.

SB44-SSA1, s. 293 Section 293. 20.143 (1) (ie) of the statutes is amended to read:

SB44-SSA1,280,16 20.143 (1) (ie) Wisconsin development fund, repayments. All moneys received in repayment of grants or loans under s. 560.085 (4) (b), 1985 stats., s. 560.147, s. 560.16, 1995 stats., s. 560.165, 1993 stats., subch. V of ch. 560 except s. 560.65, 1989 Wisconsin Act 336, section 3015 (1m), 1989 Wisconsin Act 336, section 3015 (2m), 1989 Wisconsin Act 336, section 3015 (3gx), 1997 Wisconsin Act 27, section 9110 (7f), 1997 Wisconsin Act 310, section 2 (2d), and 1999 Wisconsin Act 9, section 9110 (4), to be used for grants and loans under subch. V of ch. 560 except s. 560.65, for loans under s. 560.147, for grants under ss. 560.16, and 560.175, and 560.25, for assistance under s. 560.06 (2), for the loan under 1999 Wisconsin Act 9, section 9110 (4), for the grant under 2001 Wisconsin Act 16, section 9110 (7g), for the grants under 2003 Wisconsin Act .... (this act), section 9109 (1d) and (2q), and for reimbursements under s. 560.167. No moneys may be encumbered under this paragraph for grants under s. 560.25 after June 30, 2003.

SB44-SSA1, s. 293s Section 293s. 20.143 (1) (kg) of the statutes is amended to read:

SB44-SSA1,281,4 20.143 (1) (kg) American Indian economic liaison and gaming grants specialist and program marketing. The amounts in the schedule for the American Indian economic liaison program under s. 560.87, other than for grants under s. 560.87 (6), for the salary and fringe benefits of, and related supplies and services for, the gaming grants specialist for the programs under ss. 560.137 and 560.138, and for marketing the programs under ss. 560.137 and 560.138. From this appropriation, the department may expend in each fiscal year no more than $100,000 for marketing the programs under ss. 560.137 and 560.138. All moneys transferred from the appropriation account under s. 20.505 (8) (hm) 6g. shall be credited to this appropriation account. Notwithstanding s. 20.001 (3) (a), the unencumbered balance on June 30 of each year shall revert to the appropriation account under s. 20.505 (8) (hm).

SB44-SSA1, s. 293u Section 293u. 20.143 (1) (kh) of the statutes is repealed.

SB44-SSA1, s. 293v Section 293v. 20.143 (1) (kj) of the statutes is amended to read:

SB44-SSA1,281,17 20.143 (1) (kj) Gaming economic development and diversification; grants and loans. Biennially, the amounts in the schedule for grants and loans under ss. 560.137 and 560.138, for the grants under s. 560.139 (1) (a) and (2), and for the grants under 2001 Wisconsin Act 16, section 9110 (2k), (11pk), and (11zx), and for transfer to the appropriation account under s. 20.292 (1) (kd) of the amount in the schedule under s. 20.292 (1) (kd). Of the amounts in the schedule, $500,000 shall be allocated in each fiscal year for the grants under s. 560.137 (3m). All moneys transferred from the appropriation account under s. 20.505 (8) (hm) 6j. shall be credited to this appropriation account. Notwithstanding s. 20.001 (3) (b), the unencumbered balance on June 30 of each odd-numbered year shall revert to the appropriation account under s. 20.505 (8) (hm).

SB44-SSA1, s. 294 Section 294. 20.143 (1) (ko) of the statutes is repealed.

SB44-SSA1, s. 294j Section 294j. 20.143 (1) (L) of the statutes is repealed.

SB44-SSA1, s. 296m Section 296m. 20.143 (1) (st) of the statutes is repealed.

SB44-SSA1, s. 297m Section 297m. 20.143 (1) (tm) of the statutes is repealed.

SB44-SSA1, s. 298 Section 298. 20.144 (1) (g) of the statutes is amended to read:

SB44-SSA1,282,7 20.144 (1) (g) General program operations. The amounts in the schedule for the general program operations of the department of financial institutions. Except as provided in pars. (a), (h), (i), and (u), all moneys received by the department, other than by the office of credit unions, and the division of banking and the division of savings institutions, and 88% of all moneys received by the department's division of banking and the department's division of savings institutions shall be credited to this appropriation, but any balance at the close of a fiscal year under this appropriation shall lapse to the general fund. Annually, $200,000 of the amounts received under this appropriation account shall be transferred to the appropriation account under s. 20.575 (1) (g).

SB44-SSA1, s. 302 Section 302. 20.215 (1) (fm) of the statutes is repealed.

SB44-SSA1, s. 302h Section 302h. 20.215 (1) (km) of the statutes is repealed.

SB44-SSA1, s. 303 Section 303. 20.225 (1) (g) of the statutes is amended to read:

SB44-SSA1,282,15 20.225 (1) (g) Gifts, grants, contracts and, leases, instructional material, and copyrights. Except as provided in par. (i), all moneys received from gifts, grants, contracts and, the lease of excess capacity, the sale of instructional material under s. 39.11 (16), and the use of copyrights under s. 39.115 (1), to carry out the purposes for which received.

SB44-SSA1, s. 304 Section 304. 20.225 (1) (h) of the statutes is repealed.