Amendment CA1-SSA1-AB75

AB75-SSA1-CA1,88,13 396. Page 724, line 5: after "Association." insert "A member appointed under this subdivision may not serve more than one consecutive term. Board membership under this subdivision shall follow a rotating order of succession and every village or city eligible to have a member appointed from that village or city shall have such a member appointed before any village or city has an opportunity to have another member appointed under this subdivision.".

AB75-SSA1-CA1,88,14 397. Page 724, line 5: after that line insert:

AB75-SSA1-CA1,88,19 "(d) 1. If an authority is created under sub. (2) (c), the board of directors of the authority shall be determined by resolution of the governing body of Eau Claire County or, if Chippewa County also joins the authority as provided in sub. (2) (c) 3., by resolution of the governing bodies of Eau Claire County and Chippewa County, except that all of the following shall apply:

AB75-SSA1-CA1,88,20 a. The board of directors shall consist of not more than 17 members.

AB75-SSA1-CA1,88,22 b. The board of directors shall include at least 3 members from Eau Claire County, appointed by the county executive and approved by the county board.

AB75-SSA1-CA1,89,3 c. If Chippewa County joins the authority as provided in sub. (2) (c) 3., the board of directors shall include at least 3 members from Chippewa County, appointed by the county executive and approved by the county board.

AB75-SSA1-CA1,89,6 d. The board of directors shall include at least one member from the most populous city of each county that is a member, appointed by the mayor of the city and approved by the common council of the city.

AB75-SSA1-CA1,89,8 e. The board of directors shall include at least one member from the authority's jurisdictional area, appointed by the governor.

AB75-SSA1-CA1,89,13 2. If Chippewa County joins the authority as provided in sub. (2) (c) 3. and the governing bodies of Eau Claire County and Chippewa County are unable to agree upon a composition of the board of directors as specified in subd. 1., the board of directors of the authority shall be limited to the minimum members specified in subd. 1. b. to e.".

AB75-SSA1-CA1,89,14 398. Page 724, line 5: after that line insert:

AB75-SSA1-CA1,89,20 "(fm) If any provision of this subsection provides for the appointment of a member of an authority's board of directors by the mayor of a city that has no mayor, the appointment shall instead be made by the chairperson of the common council. If any provision of this subsection provides for the appointment of a member of an authority's board of directors by the county executive of a county that has no county executive, the appointment shall be made by the chairperson of the county board.".

AB75-SSA1-CA1,89,21 399. Page 724, line 5: after that line insert:

AB75-SSA1-CA1,90,2 "(f) 1. If an authority is created under sub. (2) (e), the board of directors of the authority shall be determined by resolution of the governing bodies of the counties of Ashland and Bayfield and of any county that joins the authority under sub. (2) (e) 2., except that all of the following shall apply:

AB75-SSA1-CA1,90,4 a. The board of directors shall consist of not more than 17 members, unless the minimum number of members specified in this subd. 1. b. to d. exceeds 17.

AB75-SSA1-CA1,90,7 b. The board of directors shall include at least 3 members each from the counties of Ashland and Bayfield and from any county that joins the authority under sub. (2) (e) 2., appointed by the county executive and approved by the county board.

AB75-SSA1-CA1,90,10 c. The board of directors shall include at least one member from the most populous city of each county that is a member, appointed by the mayor of the city and approved by the common council of the city.

AB75-SSA1-CA1,90,12 d. The board of directors shall include at least one member from the authority's jurisdictional area, appointed by the governor.

AB75-SSA1-CA1,90,17 2. If the governing bodies of the counties of Ashland and Bayfield and of any county that joins the authority under sub. (2) (e) 2. are unable to agree upon a composition of the board of directors as specified in subd. 1., the board of directors of the authority shall be limited to the minimum members specified in subd. 1. b. to d.".

AB75-SSA1-CA1,90,18 400. Page 724, line 12: after that line insert:

AB75-SSA1-CA1,90,20 "4. The composition of the board of directors of the authority, as determined under par. (d) or (f).".

AB75-SSA1-CA1,90,21 401. Page 727, line 6: delete "an advisory" and substitute "a".

AB75-SSA1-CA1,90,23 402. Page 727, line 8: after "77" insert "and the referendum is decided in the affirmative".

AB75-SSA1-CA1,90,24 403. Page 727, line 8: delete "should" and substitute "may".

AB75-SSA1-CA1,90,25 404. Page 728, line 8: after that line insert:

AB75-SSA1-CA1,91,7 "3. Notwithstanding subd. 1., an authority created under sub. (2) (c) may not impose the taxes authorized under subd. 1. unless the authorizing resolution under sub. (2) (c) 1. and, if applicable, sub. (2) (c) 3., as well as the referendum question on the referendum ballot specified in sub. (2) (c) 1. and, if applicable, sub. (2) (c) 3., clearly identifies the maximum rate of the taxes that may be imposed by the authority under subd. 1.

AB75-SSA1-CA1,91,13 4. Notwithstanding subd. 1., an authority created under sub. (2) (e) may not impose the taxes authorized under subd. 1. unless the authorizing resolution under sub. (2) (e) 1. and, if applicable, subd. 2., as well as the referendum question on the referendum ballot specified in sub. (2) (e) 1. and, if applicable, subd. 2., clearly identifies the maximum rate of the taxes that may be imposed by the authority under subd. 1.".

AB75-SSA1-CA1,91,14 405. Page 728, line 9: delete lines 9 to 11.

AB75-SSA1-CA1,91,15 406. Page 729, line 3: delete "subs. (4) and (4m)," and substitute "sub. (4),".

AB75-SSA1-CA1,91,16 407. Page 734, line 13: delete "(15)," and substitute "(15m),".

AB75-SSA1-CA1,91,20 408. Page 734, line 22: before "joined" insert "becomes a member of an authority under sub. (2) (c) 4. shall withdraw from the authority if the county in which the municipality is located withdraws from the authority under this subsection and a participating political subdivision that".

AB75-SSA1-CA1,91,21 409. Page 734, line 22: after "3." insert ", (c) 3., or (e) 2.".

AB75-SSA1-CA1,92,3 410. Page 734, line 25: after "authority" insert "and, if the political subdivision joined the authority under sub. (2) (e) 2., the resolution is ratified by the electors at a referendum held in the political subdivision".

AB75-SSA1-CA1,92,9 411. Page 735, line 7: after "withdrawal." insert "If the political subdivision joined the authority under sub. (2) (e) 2., the authority shall also provide the department of revenue with a certification of the referendum results ratifying the withdrawal resolution and the department shall use the date that it receives this certification of referendum results for purposes of calculating the effective date of withdrawal under this paragraph.".

AB75-SSA1-CA1,92,10 412. Page 735, line 13: delete lines 13 to 21.

AB75-SSA1-CA1,92,11 413. Page 735, line 21: after that line insert:

AB75-SSA1-CA1,92,19 "(15m) Dane County highway projects. An authority created under sub. (2) (b) may transfer revenues from taxes imposed by the authority under sub. (4) (s) to any political subdivision within the authority's jurisdictional area to fund highway projects within the authority's jurisdictional area. If any transfer is made under this subsection, the authority's board shall determine the recipients and amounts of all such transfers, except that the authority may not transfer under this subsection more than 25 percent of revenues from taxes imposed by the authority under sub. (4) (s).".

AB75-SSA1-CA1,92,20 414. Page 736, line 2: after that line insert:

AB75-SSA1-CA1,92,21 " Section 1488s. 66.1103 (2) (k) 20. of the statutes is amended to read:

AB75-SSA1-CA1,93,2 66.1103 (2) (k) 20. A shopping center, or an office building, convention or trade center, hotel, motel or other nonresidential facility, which is located in or adjacent to a blighted area as defined by s. 66.1105 (2) (a) (ae), 66.1331 (3) (a) or 66.1333 (2m) (b) or in accordance with a redevelopment plan or urban renewal plan adopted under s. 66.1331 (5) or 66.1333 (6).

AB75-SSA1-CA1, s. 1488u Section 1488u. 66.1105 (2) (a) of the statutes is renumbered 66.1105 (2) (ae).

AB75-SSA1-CA1, s. 1488uc Section 1488uc. 66.1105 (2) (ab) of the statutes is created to read:

AB75-SSA1-CA1,93,6 66.1105 (2) (ab) "Affordable housing" means housing that costs a household no more than 30 percent of the household's gross monthly income.

AB75-SSA1-CA1, s. 1488ue Section 1488ue. 66.1105 (2) (bq) of the statutes is created to read:

AB75-SSA1-CA1,93,9 66.1105 (2) (bq) "Household" means an individual and his or her spouse and all minor dependents.".

AB75-SSA1-CA1,93,10 415. Page 736, line 7: after that line insert:

AB75-SSA1-CA1,93,11 " Section 1489e. 66.1105 (6) (c) of the statutes is amended to read:

AB75-SSA1-CA1,94,8 66.1105 (6) (c) Except for tax increments allocated under par. (d), (dm), (e), or (f), or (g) all tax increments received with respect to a tax incremental district shall, upon receipt by the city treasurer, be deposited into a special fund for that district. The city treasurer may deposit additional moneys into such fund pursuant to an appropriation by the common council. No moneys may be paid out of such fund except to pay project costs with respect to that district, to reimburse the city for such payments, to pay project costs of a district under par. (d), (dm), (e), or (f), or (g) or to satisfy claims of holders of bonds or notes issued with respect to such district. Subject to par. (d), (dm), (e), or (f), or (g), moneys paid out of the fund to pay project costs with respect to a district may be paid out before or after the district is terminated under sub. (7). Subject to any agreement with bondholders, moneys in the fund may be temporarily invested in the same manner as other city funds if any investment earnings are applied to reduce project costs. After all project costs and all bonds and notes with respect to the district have been paid or the payment thereof provided for, subject to any agreement with bondholders, if there remain in the fund any moneys that are not allocated under par. (d), (dm), (e), or (f), or (g), they shall be paid over to the treasurer of each county, school district or other tax levying municipality or to the general fund of the city in the amounts that belong to each respectively, having due regard for that portion of the moneys, if any, that represents tax increments not allocated to the city and that portion, if any, that represents voluntary deposits of the city into the fund.

AB75-SSA1-CA1, s. 1489i Section 1489i. 66.1105 (6) (g) of the statutes is created to read:

AB75-SSA1-CA1,94,13 66.1105 (6) (g) 1. After the date on which a tax incremental district created by a city pays off the aggregate of all of its project costs, and notwithstanding the time at which such a district would otherwise be required to terminate under sub. (7), a city may extend the life of the district for one year if the city does all of the following:

AB75-SSA1-CA1,94,16 a. The city adopts a resolution extending the life of the district for a specified number of months. The resolution shall specify how the city intends to improve its housing stock, as required in subd. 3.

AB75-SSA1-CA1,94,19 b. The city forwards a copy of the resolution to the department of revenue, notifying the department that it must continue to authorize the allocation of tax increments to the district under par. (a).

AB75-SSA1-CA1,94,25 2. If the department of revenue receives a notice described under subd. 1. b., it shall continue authorizing the allocation of tax increments to the district under par. (a) during the district's life, as extended by the city, as if the district's costs had not been paid off and without regard to whether any of the time periods specified in par. (a) 2. to 8. would otherwise require terminating the allocation of such increments.

AB75-SSA1-CA1,95,4 3. If a city receives tax increments as described in subd. 2., the city shall use at least 75 percent of the increments received to benefit affordable housing in the city. The remaining portion of the increments shall be used by the city to improve the city's housing stock.".

AB75-SSA1-CA1,95,5 416. Page 746, line 25: after "subs." insert "(3m) (c),".

AB75-SSA1-CA1,95,7 417. Page 747, line 14: delete "s. 66.1039," and substitute "s. 59.58 (7), 66.1038, or 66.1039,".

AB75-SSA1-CA1,95,8 418. Page 747, line 24: after that line insert:

AB75-SSA1-CA1,95,9 " Section 1516c. 70.11 (3m) of the statutes is created to read:

AB75-SSA1-CA1,95,11 70.11 (3m) Student housing facilities. (a) All real and personal property of a housing facility for which all of the following applies:

AB75-SSA1-CA1,95,12 1. The facility is owned by a nonprofit organization.

AB75-SSA1-CA1,95,15 2. At least 90 percent of the facility's residents are students enrolled at the University of Wisconsin-Madison and the facility houses no more than 300 such students.

AB75-SSA1-CA1,95,18 3. The facility offers support services and outreach programs to its residents, the public or private institution of higher education at which the student residents are enrolled, and the public.

AB75-SSA1-CA1,95,20 (b) If a nonprofit organization owns more than one housing facility, as described under par. (a), the exemption applies to only one facility, at one location.

AB75-SSA1-CA1,95,22 (c) Leasing a part of the property described in this subsection does not render it taxable if the lessor uses the leasehold income only for the following:

AB75-SSA1-CA1,95,23 1. Maintenance of the leased property.

AB75-SSA1-CA1,95,24 2. Construction debt retirement of the leased property.

AB75-SSA1-CA1,96,2 3. The purposes for which the exemption under section 501 (c) (3) of the Internal Revenue Code is granted to the nonprofit organization that owns the facility.".

AB75-SSA1-CA1,96,3 419. Page 749, line 17: after "entity" insert "that is a benevolent association".

AB75-SSA1-CA1,96,5 420. Page 749, line 17: delete "Low-income" and substitute "Benevolent low-income".

AB75-SSA1-CA1,96,6 421. Page 750, line 5: delete "the occupied" and substitute "the".

AB75-SSA1-CA1,96,8 422. Page 752, line 10: after "is" insert "owned by a nonprofit entity that is a benevolent association and".

AB75-SSA1-CA1,96,10 423. Page 752, line 10: delete "Retirement" and substitute "Benevolent retirement".

AB75-SSA1-CA1,96,11 424. Page 752, line 14: delete "160" and substitute "130".

AB75-SSA1-CA1,96,12 425. Page 753, line 1: delete "an equal percentage".

AB75-SSA1-CA1,96,14 426. Page 753, line 2: delete that line and substitute "the common area of the retirement home for the aged is subject to general".

AB75-SSA1-CA1,96,15 427. Page 753, line 14: delete lines 14 to 18.

AB75-SSA1-CA1,96,16 428. Page 768, line 15: after "503," insert "512,".

AB75-SSA1-CA1,96,17 429. Page 768, line 15: delete "section" and substitute "sections 811 and".

AB75-SSA1-CA1,96,19 430. Page 768, line 16: after "110-140," insert "P.L. 110-141, P.L. 110-142, P.L. 110-166,".

AB75-SSA1-CA1,96,20 431. Page 769, line 13: after "503," insert "512,".

AB75-SSA1-CA1,96,21 432. Page 769, line 14: delete "section" and substitute "sections 811 and".

AB75-SSA1-CA1,96,22 433. Page 770, line 11: after "503," insert "512,".

AB75-SSA1-CA1,96,23 434. Page 770, line 12: delete "section" and substitute "sections 811 and".

AB75-SSA1-CA1,97,2 435. Page 771, line 11: after "503," insert "512,".

AB75-SSA1-CA1,97,3 436. Page 771, line 12: delete "section" and substitute "sections 811 and".

AB75-SSA1-CA1,97,5 437. Page 772, line 18: delete "KRM" and substitute "southeastern regional transit".

AB75-SSA1-CA1,97,6 438. Page 773, line 23: delete "40" and substitute " 30".

AB75-SSA1-CA1,97,7 439. Page 774, line 5: after that line insert:

AB75-SSA1-CA1,97,8 " Section 1543c. 71.05 (6) (b) 32. (intro.) of the statutes is amended to read:

AB75-SSA1-CA1,97,14 71.05 (6) (b) 32. (intro.) An amount paid into a college savings account, as described in s. 14.64, if the beneficiary of the account is one of the following: the claimant; the claimant's child and the claimant's dependent who is claimed under section 151 (c) of the Internal Revenue Code; the claimant's grandchild; the claimant's great-grandchild; or the claimant's niece or nephew; calculated as follows: