LRBa0151/1
RAC:jld:ph
January 2011 Special Session
2011 - 2012 LEGISLATURE
ASSEMBLY AMENDMENT 13,
TO ASSEMBLY BILL 4
January 20, 2011 - Offered by Representatives Barca, Turner, Mason and
Steinbrink.
AB4-AA13,1,11 At the locations indicated, amend the bill as follows:
AB4-AA13,1,3 21. Page 1, line 2: after "program" insert "and providing for an increase in
3principal payments for general fund supported borrowing".
AB4-AA13,1,4 42. Page 1, line 4: delete "par." and substitute "par. pars. (am) and".
AB4-AA13,1,5 53. Page 2, line 4: after that line insert:
AB4-AA13,1,6 6" Section 1d. 560.703 (1) (am) of the statutes is created to read:
AB4-AA13,1,117 560.703 (1) (am) If the department does not allocate the additional $25,000,000
8in tax benefits specified in par. (a) before July 1, 2012, the department may not
9allocate the additional $25,000,000 in tax benefits specified in par. (a) and the
10department shall notify the department of administration on July 1, 2012, that such
11tax benefits shall not be allocated.".
AB4-AA13,1,12 124. Page 2, line 7: after that line insert:
AB4-AA13,2,5
1"(2c) Payments towards general fund supported borrowing. If the
2department of administration receives notice under section 560.703 (1) (am) of the
3statutes, as created by this act, the state shall pay an additional $25,000,000 in
4principal payments towards general fund supported borrowing during the 2012-13
5fiscal year over the amount that was previously authorized for such payment.".
AB4-AA13,2,66 (End)
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