LRBa1073/4
MES:jld&eev:jm
2013 - 2014 LEGISLATURE
SENATE AMENDMENT 1,
TO SENATE BILL 301
December 19, 2013 - Offered by Senator Olsen.
SB301-SA1,1,11 At the locations indicated, amend the bill as follows:
SB301-SA1,1,2 21. Page 7, line 11: after that line insert:
SB301-SA1,1,3 3" Section 10m. 66.0615 (1m) (d) 6. of the statutes is amended to read:
SB301-SA1,1,114 66.0615 (1m) (d) 6. If a municipality issued debt or bond anticipation notes
5before January 1, 2005 2015, to finance the construction of a municipally owned
6convention center or conference center, or refinanced such debt after that date and
7uses the proceeds of the refinancing solely for purposes related to the construction
8of the facility for which the original debt was issued,
nothing in this section may
9prevent the municipality from meeting all of the terms of its obligation , and the
10municipality shall make its annual debt service payments on the obligations from its
11room tax revenue before applying the requirements under subd. 1. and par. (dm)
.".
SB301-SA1,1,12 122. Page 8, line 18: after "Annually," insert "on or before May 1,".
SB301-SA1,1,13 133. Page 8, line 20: after "department" insert ", beginning in 2015,".
SB301-SA1,2,1
14. Page 11, line 2: after that line insert:
SB301-SA1,2,2 2" Section 16m. Initial applicability.
SB301-SA1,2,5 3(1) The treatment of section 66.0615 (1m) (a), (c) 1. and 2. a., (d) 1., 8., and 9.,
4and (dm) of the statutes first applies to taxes collected, expenditures made, and
5members who serve on boards or commissions on January 1, 2015.".
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