AB40-ASA1, s. 2707g 11Section 2707g. 186.314 (2m) of the statutes is created to read:
AB40-ASA1,1127,1212 186.314 (2m) To savings bank or state bank. (a) In this subsection:
AB40-ASA1,1127,1513 1. "Savings bank" has the meaning given in s. 214.01 (1) (t) and includes a
14mutual savings bank and a stock savings bank as well as a savings bank that is a
15subsidiary of, or is otherwise controlled by, a savings bank holding company.
AB40-ASA1,1127,1616 2. "Savings bank holding company" has the meaning given in s. 214.01 (1) (tm).
AB40-ASA1,1127,1717 3. "State bank" means a bank organized under ch. 221.
AB40-ASA1,1127,1918 (b) A credit union may convert to a savings bank or state bank by complying
19with pars. (c) to (e).
AB40-ASA1,1128,1020 (c) The proposition for a conversion shall first be approved by a majority
21recommendation of the directors of the credit union. The directors shall, by a
22majority vote of the directors, set a date for a meeting of credit union members to vote
23on the conversion. Credit union members may also vote by written ballot to be filed
24on or before the meeting date. Written notice specifying the purpose and subject
25matter of the meeting and the date that is set for the meeting and for voting by

1submission of a written ballot shall be sent to each member eligible to vote at the
2member's address appearing on the records of the credit union. This notice shall be
3sent to each credit union member not more than 90 days nor less than 30 days before
4the date of the meeting to vote on the conversion and shall be accompanied by a
5written ballot. The ballot shall permit the member to vote for or against the proposal,
6shall clearly inform the member that the member may vote at the meeting or by
7submitting the written ballot, and shall state the date, time, and place of the
8meeting. Approval of the proposition for conversion shall be by affirmative vote, in
9person or in writing, of a majority of the credit union members voting at the meeting
10or by written ballot.
AB40-ASA1,1128,1611 (d) A credit union that proposes to convert to a savings bank or state bank under
12this subsection shall file with the office of credit unions a notice of its intent to convert
13and, within 10 days after the member vote on the conversion under par. (c), a
14statement of the results of the member vote. If the credit union members vote to
15approve the proposition for conversion, the member vote shall be verified by the office
16of credit unions.
AB40-ASA1,1128,2317 (e) Upon approval by the credit union members of the proposition for
18conversion under par. (c), the credit union shall take all necessary action under ch.
19214 or 221 to complete the conversion to a savings bank or state bank. Within 90 days
20after receipt from the division of banking of a certificate of incorporation as a savings
21bank or state bank, the credit union shall file a copy of the certificate with the office
22of credit unions and the office of credit unions shall issue to a converting credit union
23a certificate of conversion to a savings bank or state bank.
AB40-ASA1,1129,1024 (f) Upon conversion, the credit union shall cease to be a credit union, shall be
25a savings bank or state bank, shall no longer be subject to this chapter, and shall be

1subject to ch. 214 or 221 and all other provisions of law governing savings banks or
2state banks. Upon conversion, the legal existence of the savings bank or state bank
3shall be a continuation of the credit union, and all property and every right, privilege,
4interest, and asset of the credit union immediately, without any conveyance,
5transfer, or further act of the savings bank or state bank, vests in the savings bank
6or state bank. The resulting savings bank or state bank shall succeed to and be
7vested with all the rights, assets, obligations, and relations of the credit union, and
8all actions and other judicial proceedings to which the credit union is a party may be
9prosecuted and defended, to the same extent as though the conversion had not taken
10place.
AB40-ASA1,1129,1511 (g) Upon conversion of a credit union into a stock savings bank or state bank,
12the stock savings bank or state bank may distribute shares of the capital stock of the
13stock savings bank or state bank, or may distribute cash, or both, to the former
14members of the converted credit union in recognition of their ownership of the equity
15of the converted credit union.
AB40-ASA1,1129,1916 (h) 1. In this paragraph, "senior management official" means a chief executive
17officer, an assistant chief executive officer, a chief financial officer, and any other
18senior executive officer as defined by the appropriate federal banking agency as
19directed under 12 USC 1831i (f).
AB40-ASA1,1129,2520 2. No director or senior management official of a credit union may receive any
21economic benefit in connection with a conversion of the credit union to a savings bank
22or state bank except that a director or senior management official may receive
23director fees as well as compensation and other benefits paid to directors and senior
24management officials of the converted savings bank or state bank in the ordinary
25course of business.
AB40-ASA1, s. 2707m
1Section 2707m. 196.31 (2m) of the statutes is amended to read:
AB40-ASA1,1130,112 196.31 (2m) From the appropriation under s. 20.155 (1) (j), the commission
3shall may make an annual grant grants that, in the aggregate, do not exceed an
4annual total
of $300,000 to a one or more nonstock, nonprofit corporation
5corporations that is are described under section 501 (c) (3) of the Internal Revenue
6Code, and that has have a history of advocating at the commission on behalf of
7residential ratepayers for affordable rates ratepayers of this state, for the purpose
8of offsetting the general expenses of the corporation corporations, including salary,
9benefit, rent, and utility expenses. The commission may impose conditions on grants
10made under this subsection and may revoke a grant if the commission finds that such
11a condition is not being met.
AB40-ASA1, s. 2708 12Section 2708. 196.374 (2) (a) 2. e. of the statutes is amended to read:
AB40-ASA1,1130,2013 196.374 (2) (a) 2. e. Components to implement energy efficiency or renewable
14energy measures in facilities of manufacturing businesses in this state that are
15consistent with the objectives under s. 560.128 (1) (a) the implementation of energy
16efficiency or renewable energy measures in manufacturing facilities to enhance their
17competitiveness, the retooling of existing facilities to manufacture products that
18support the green economy, the expansion or establishment of domestic clean energy
19manufacturing operations, and creating or retaining jobs for workers engaged in
20such activities
.
AB40-ASA1, s. 2709 21Section 2709. 196.374 (2) (a) 4. of the statutes is repealed.
AB40-ASA1, s. 2710 22Section 2710. 196.374 (3) (a) of the statutes is amended to read:
AB40-ASA1,1131,923 196.374 (3) (a) In general. The commission shall have oversight of programs
24under sub. (2). The commission shall maximize coordination of program delivery,
25including coordination between programs under subs. (2) (a) 1., (b) 1. and 2., and (c)

1and (7), ordered programs, low-income weatherization programs under s. 16.957,
2renewable resource programs under s. 196.378, and other energy efficiency or
3renewable resource programs. The commission shall cooperate with the department
4of natural resources to ensure coordination of energy efficiency and renewable
5resource programs with air quality programs and to maximize and document the air
6quality improvement benefits that can be realized from energy efficiency and
7renewable resource programs. The commission shall cooperate with the department
8of commerce to ensure coordination of energy efficiency and renewable resource
9programs under sub. (2) (a) 2. e. with the loan program under s. 560.128 (1) (a).
AB40-ASA1, s. 2710c 10Section 2710c. 196.374 (3) (b) 2. (intro.) of the statutes is renumbered 196.374
11(3) (b) 2. and amended to read:
AB40-ASA1,1131,2112 196.374 (3) (b) 2. The commission shall require each energy utility to spend 1.2
13percent of its annual operating revenues to fund the utility's programs under sub. (2)
14(b) 1., the utility's ordered programs, the utility's share of the statewide energy
15efficiency and renewable resource programs under sub. (2) (a) 1., and the utility's
16share, as determined by the commission under subd. 4., of the costs incurred by the
17commission in administering this section. Subject to approval under subd. 3., the
18commission may require each energy utility to spend a larger percentage of its
19annual operating revenues to fund these programs and costs. The commission may
20make such a requirement based on the commission's consideration of all of the
21following:
AB40-ASA1, s. 2710e 22Section 2710e. 196.374 (3) (b) 2. a. to h. of the statutes are repealed.
AB40-ASA1, s. 2710g 23Section 2710g. 196.374 (3) (b) 3. of the statutes is repealed.
AB40-ASA1, s. 2711 24Section 2711. 196.49 (4) of the statutes is amended to read:
AB40-ASA1,1132,4
1196.49 (4) The commission may not issue a certificate under sub. (1), (2), or (3)
2for the construction of electric generating equipment and associated facilities unless
3the commission determines that brownfields, as defined in s. 238.13 (1) (a) or s.
4560.13 (1) (a), 2009 stats., are used to the extent practicable.
AB40-ASA1, s. 2712 5Section 2712. 196.491 (2) (b) 2. of the statutes is amended to read:
AB40-ASA1,1132,66 196.491 (2) (b) 2. Department of commerce safety and professional services.
AB40-ASA1, s. 2713 7Section 2713. 196.491 (2) (e) of the statutes is amended to read:
AB40-ASA1,1132,118 196.491 (2) (e) Any state agency, as defined in s. 560.9810 16.310 (1), county,
9municipality, town, or person may submit written comments to the commission on
10a strategic energy assessment within 90 days after copies of the draft are issued
11under par. (b).
AB40-ASA1, s. 2714 12Section 2714. 196.491 (3) (a) 2m. b. of the statutes is amended to read:
AB40-ASA1,1132,1613 196.491 (3) (a) 2m. b. The applicant proposes alternative construction sites for
14the facility that are contiguous or proximate, provided that at least one of the
15proposed sites is a brownfield, as defined in s. 560.13 238.13 (1) (a), or the site of a
16former or existing large electric generating facility.
AB40-ASA1, s. 2715 17Section 2715. 196.491 (3) (d) 8. of the statutes is amended to read:
AB40-ASA1,1132,1918 196.491 (3) (d) 8. For a large electric generating facility, brownfields, as defined
19in s. 560.13 238.13 (1) (a), are used to the extent practicable.
AB40-ASA1, s. 2715s 20Section 2715s. 200.09 (1) of the statutes is amended to read:
AB40-ASA1,1133,1021 200.09 (1) A district formed under this subchapter shall be governed by a
225-member commission appointed for staggered 5-year terms. Except as provided in
23sub. (11), commissioners shall be appointed by the county board of the county in
24which the district is located. If the district contains territory of more than one county,
25the county boards of the counties not having the greatest population in the district

1shall appoint one commissioner each and the county board of the county having the
2greatest population in the district shall appoint the remainder. Of the initial
3appointments, the appointments for the shortest terms shall be made by the counties
4having the least amount of population, in reverse order of their population included
5in the district. Commissioners shall be residents of the district. Initial appointments
6shall be made no sooner than 60 days and no later than 90 days after issuance of the
7department order forming a district or after completion of any court proceedings
8challenging such order. A per diem compensation not to exceed $50 may be paid to
9commissioners. Commissioners may be reimbursed for actual expenses incurred as
10commissioners in carrying out the work of the commission.
AB40-ASA1, s. 2715u 11Section 2715u. 200.09 (7) of the statutes is amended to read:
AB40-ASA1,1133,1712 200.09 (7) A per diem compensation not to exceed $50 may be paid to
13commissioners in an amount the commission specifies by resolution. Any change in
14the per diem amount after its initial establishment applies only to subsequently
15appointed or reappointed commissioners
. Commissioners shall be reimbursed for
16actual expenses incurred as commissioners in carrying out the work of the
17commission.
AB40-ASA1, s. 2716 18Section 2716. 200.49 (1) (b) of the statutes is amended to read:
AB40-ASA1,1133,2019 200.49 (1) (b) "Minority group member" has the meaning given under s.
20560.036 16.287 (1) (f).
AB40-ASA1, s. 2717 21Section 2717. 200.57 (1) (a) of the statutes is amended to read:
AB40-ASA1,1133,2522 200.57 (1) (a) "Disabled veteran-owned financial adviser" and "disabled
23veteran-owned investment firm" mean a financial adviser and investment firm,
24respectively, certified by the department of commerce administration under s.
25560.0335 16.283 (3).
AB40-ASA1, s. 2718
1Section 2718. 200.57 (1) (b) of the statutes is amended to read:
AB40-ASA1,1134,42 200.57 (1) (b) "Minority financial adviser" and "minority investment firm"
3mean a financial adviser and investment firm, respectively, certified by the
4department of commerce administration under s. 560.036 16.287 (2).
AB40-ASA1, s. 2718m 5Section 2718m. 214.40 (3) of the statutes is amended to read:
AB40-ASA1,1134,96 214.40 (3) A stock financial institution seeking to convert to a savings bank
7under s. 214.66 (1m) shall, before declaring a dividend on its capital stock, transfer
8not less than 50% of its net profits of the preceding half year to its paid-in surplus
9until it has paid-in surplus equal to 20% of capital stock.
AB40-ASA1, s. 2719 10Section 2719. 214.48 (4) (a) of the statutes is amended to read:
AB40-ASA1,1134,1611 214.48 (4) (a) An independent qualified appraiser, designated by the board of
12directors, who is properly licensed and certified by the department of regulation and
13licensing
safety and professional services or by another entity authorized to govern
14appraisal licensure and certification and who meets the requirements of title XI of
15the financial institutions reform, recovery and enforcement act of 1989, 12 USC 3331
16to 3351 and regulations adopted pursuant to those sections.
AB40-ASA1, s. 2719d 17Section 2719d. 214.66 (intro.) (except 214.66 (title)) of the statutes is
18renumbered 214.66 (1m) (intro.).
AB40-ASA1, s. 2719e 19Section 2719e. 214.66 (1) to (7) of the statutes are renumbered 214.66 (1m)
20(a) to (g).
AB40-ASA1, s. 2719f 21Section 2719f. 214.66 (1m) (title) of the statutes is created to read:
AB40-ASA1,1134,2222 214.66 (1m) (title) From savings and loan association or federal savings bank.
AB40-ASA1, s. 2719g 23Section 2719g. 214.66 (2) of the statutes is created to read:
AB40-ASA1,1134,2524 214.66 (2) From credit union. A credit union under ch. 186 may become a
25savings bank by doing all of the following:
AB40-ASA1,1135,2
1(a) Applying to the division for authority to organize as a savings bank and
2satisfying all requirements under this chapter for organizing as a savings bank.
AB40-ASA1,1135,43 (b) Satisfying all requirements under s. 186.314 (2m) for conversion to a
4savings bank.
AB40-ASA1,1135,65 (c) Recording the savings bank's articles of incorporation in the county in which
6its home office is located.
AB40-ASA1, s. 2719w 7Section 2719w. 218.0171 (1) (h) 2. of the statutes is amended to read:
AB40-ASA1,1135,128 218.0171 (1) (h) 2. The motor vehicle is out of service for an aggregate of at least
930 days because of warranty nonconformities. Time during which repair services are
10not available to the consumer because of flood or other natural disaster, war,
11invasion, fire, or strike may not be included in the 30-day time period under this
12subdivision.
AB40-ASA1, s. 2720 13Section 2720. 218.0171 (2) (c) of the statutes is amended to read:
AB40-ASA1,1135,2514 218.0171 (2) (c) To receive a comparable new motor vehicle or a refund due
15under par. (b) 1. or 2., a consumer described under sub. (1) (b) 1., 2. or 3. shall offer
16to the manufacturer of the motor vehicle having the nonconformity to transfer title
17of that motor vehicle to that manufacturer. No later than 30 days after that offer, the
18manufacturer shall provide the consumer with the comparable new motor vehicle or
19refund. When the manufacturer provides the new motor vehicle or refund, the
20consumer shall return the motor vehicle having the nonconformity to the
21manufacturer and provide the manufacturer with the certificate of title and all
22endorsements necessary to transfer title to the manufacturer. If another person is
23in possession of the certificate of title, as shown by the records of the department of
24transportation, that person shall, upon request of the consumer, provide the
25certificate to the manufacturer or to the consumer.
AB40-ASA1, s. 2721
1Section 2721. 218.0171 (2) (cm) 2. of the statutes is amended to read:
AB40-ASA1,1136,112 218.0171 (2) (cm) 2. To receive a refund due under par. (b) 3., a motor vehicle
3lessor shall offer to the manufacturer of the motor vehicle having the nonconformity
4to transfer title of that motor vehicle to that manufacturer. No later than 30 days
5after that offer, the manufacturer shall provide the refund to the motor vehicle lessor.
6When the manufacturer provides the refund, the motor vehicle lessor shall provide
7to the manufacturer the certificate of title and all endorsements necessary to
8transfer title to the manufacturer. If another person is in possession of the certificate
9of title, as shown by the records of the department of transportation, that person
10shall, upon request of the motor vehicle lessor, provide the certificate to the
11manufacturer or to the motor vehicle lessor.
AB40-ASA1, s. 2722 12Section 2722. 218.11 (2) (am) 3. of the statutes is amended to read:
AB40-ASA1,1136,1613 218.11 (2) (am) 3. The department of commerce may not disclose any
14information received under subd. 1. to any person except to the department of
15children and families for purposes of administering s. 49.22 or to the department of
16revenue for the sole purpose of requesting certifications under s. 73.0301.
AB40-ASA1, s. 2723 17Section 2723. 218.12 (2) (am) 2. of the statutes is amended to read:
AB40-ASA1,1136,2218 218.12 (2) (am) 2. The department of commerce may not disclose a social
19security number obtained under par. (a) to any person except to the department of
20children and families for the sole purpose of administering s. 49.22 or to the
21department of revenue for the sole purpose of requesting certifications under s.
2273.0301.
AB40-ASA1, s. 2724 23Section 2724. 218.23 (1) of the statutes is amended to read:
AB40-ASA1,1137,924 218.23 (1) Whenever a licensed motor vehicle salvage dealer acquires a motor
25vehicle for the purpose of wrecking it, the dealer shall mail or deliver the certificate

1of title or if the transfer to the salvage dealer was by a bill of sale, the bill of sale, for
2such vehicle to the department within 30 days after the vehicle is delivered to the
3salvage yard unless the previous owner already has done so or, if another person is
4in possession of the certificate of title, as shown by the records of the department of
5transportation, that person already has done so
. If he or she the dealer subsequently
6wishes to transfer such vehicle to another person, he or she the dealer shall make
7such transfer only by bill of sale. In such bill of sale, he or she the dealer shall
8describe the vehicle and shall state that the certificate of title for the vehicle has been
9mailed or delivered to the department because the vehicle was to have been junked.
AB40-ASA1, s. 2724m 10Section 2724m. 221.0219 of the statutes is created to read:
AB40-ASA1,1137,13 11221.0219 Conversion of a credit union to a state bank. A credit union
12under ch. 186 may become a state bank under this chapter by doing all of the
13following:
AB40-ASA1,1137,16 14(1) Applying to the division of banking for authority to organize as a bank
15under this chapter and satisfying all requirements under this chapter for organizing
16as a bank.
AB40-ASA1,1137,18 17(2) Satisfying all requirements under s. 186.314 (2m) for conversion to a state
18bank.
AB40-ASA1,1137,20 19(3) Recording the bank's articles of incorporation in the county in which its
20home office is located.
AB40-ASA1, s. 2725d 21Section 2725d. 227.01 (13) (Lm) of the statutes is created to read:
AB40-ASA1,1137,2222 227.01 (13) (Lm) Relates to the personnel systems developed under s. 36.115.
AB40-ASA1, s. 2725f 23Section 2725f. 227.01 (13) (Ln) of the statutes is created to read:
AB40-ASA1,1137,2524 227.01 (13) (Ln) Relates to bidding procedures or changes thereto under s.
2536.11 (53).
AB40-ASA1, s. 2725t
1Section 2725t. 227.01 (13) (t) of the statutes is amended to read:
AB40-ASA1,1138,52 227.01 (13) (t) Ascertains and determines prevailing wage rates under ss.
366.0903, 66.0904, 103.49, 103.50, and 229.8275, except that any action or inaction
4which ascertains and determines prevailing wage rates under ss. 66.0903, 66.0904,
5103.49, 103.50, and 229.8275 is subject to judicial review under s. 227.40.
AB40-ASA1, s. 2726 6Section 2726. 227.01 (13) (yc) of the statutes is created to read:
AB40-ASA1,1138,87 227.01 (13) (yc) Adjusts the total cost threshold for highway projects under ss.
884.013 (2m) and 84.0145 (4).
AB40-ASA1, s. 2727 9Section 2727. 227.01 (13) (yL) of the statutes is repealed.
AB40-ASA1, s. 2728b 10Section 2728b. 227.01 (13) (zi) of the statutes is amended to read:
AB40-ASA1,1138,1311 227.01 (13) (zi) Lists responsible units, as defined in s. 287.01 (9), and
12out-of-state units, as defined in s. 287.01 (5),
with an effective recycling program
13under s. 287.11 (3).
AB40-ASA1, s. 2729 14Section 2729. 227.114 (5) of the statutes is repealed.
AB40-ASA1, s. 2730e 15Section 2730e. 227.115 (1) (a) of the statutes is amended to read:
AB40-ASA1,1138,1716 227.115 (1) (a) "Department" means the department of commerce
17administration.
AB40-ASA1, s. 2730m 18Section 2730m. 227.115 (1) (b) of the statutes is amended to read:
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