For 2005-07 Budget -- Not Ready For Introduction
ASSEMBLY AMENDMENT ,
TO 2005 ASSEMBLY BILL 100
At the locations indicated, amend the bill as follows:
1.
Page 299, line 6: after that line insert:

"SECTION 154m. 20.143 (1) (fm) of the statutes is amended to read:

20.143 (1) (fm) Minority business projects; grants and loans. Biennially, the amounts in the schedule for grants under ss. 560.038, 560.039, 560.82, and 560.837, grants and loans under s. 560.83, and the grant under 1993 Wisconsin Act 110, section 3, and the loans under 1997 Wisconsin Act 9, section 3 2005 Wisconsin Act .... (this act), section 9108 (38k).".

2.
Page 299, line 19: after that line insert:

"SECTION 155m. 20.143 (1) (im) of the statutes is amended to read:

20.143 (1) (im) Minority business projects; repayments. All moneys received in repayment of grants or loans under s. 560.83 and loans under 1997 Wisconsin Act 9, section 3, to be used for grants and loans under ss. 560.82, 560.83, and 560.837, the grant under 2001 Wisconsin Act 16, section 9110 (7g) 2005 Wisconsin Act .... (this act), section 9108 (8k), and the loans under 1997 Wisconsin Act 9, section 3.".

3.
Page 1070, line 20: after that line insert:

"(8k) GRANT TO BISHOP'S CREEK REDEVELOPMENT PROJECT. From the appropriations under section 20.143 (1) (fm) and (im) of the statutes, the department of commerce shall award a grant of $375,000 in fiscal year 2005-06 and shall award a grant of $375,000 in fiscal year 2006-07 to the Bishop's Creek redevelopment project in Milwaukee. If the department of commerce awards a grant under this subsection, the department shall enter into an agreement with the Bishop's Creek redevelopment project that specifies the uses for the grant proceeds and reporting and auditing requirements.".
(End)
LRBb0341LRBb0341/P1
JK:cjs:rs
2005 - 2006 LEGISLATURE

LFB:......Olin - Remove municipal levy restraint incentive and bonus program
For 2005-07 Budget -- Not Ready For Introduction
ASSEMBLY AMENDMENT ,
TO 2005 ASSEMBLY BILL 100
At the locations indicated, amend the bill as follows:
1.
Page 371, line 2: delete lines 2 to 11.

2.
Page 844, line 24: delete that line.

3.
Page 845, line 1: delete lines 1 to 6.

4.
Page 845, line 11: delete lines 11 to 14.

5.
Page 845, line 19: delete lines 19 to 22.

6.
Page 846, line 2: delete "79.051,".

7.
Page 846, line 8: delete ", 79.051,".

8.
Page 846, line 13: delete the material beginning with that line and ending with page 850, line 16.
(End)
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JK:cjs:pg
2005 - 2006 LEGISLATURE

LFB:......Reinhardt - Withholding from nonresident members of pass-through entities; exemption for certain publicly traded partnerships
For 2005-07 Budget -- Not Ready For Introduction
ASSEMBLY AMENDMENT ,
TO 2005 ASSEMBLY BILL 100
At the locations indicated, amend the bill as follows:
1.
Page 743, line 9: after that line insert:

"(cm) A pass-through entity that is a publicly traded partnership, as defined under section 7704 (b) of the Internal Revenue Code, that is treated as a partnership under the Internal Revenue Code is not subject to the withholding under sub. (2), if the entity files with the department an information return that reports the name, address, taxpayer identification number, and any other information requested by the department for each unit holder with an income in this state from the entity in excess of $500.".
(End)
LRBb0343LRBb0343/1
JK:lmk:ch
2005 - 2006 LEGISLATURE

LFB:......Olin - Remove county levy restraint incentive and bonus program
For 2005-07 Budget -- Not Ready For Introduction
ASSEMBLY AMENDMENT ,
TO 2005 ASSEMBLY BILL 100
At the locations indicated, amend the bill as follows:
1.
Page 371, line 12: delete lines 12 to 17.

2.
Page 845, line 7: delete lines 7 to 10.

3.
Page 845, line 15: delete lines 15 to 18.

4.
Page 846, line 2: delete "79.052,".

5.
Page 846, line 8: delete ", 79.051, and 79.052" and substitute "and 79.051".

6.
Page 850, line 17: delete the material beginning with that line and ending with page 853, line 4.
(End)
LRBb0345LRBb0345/1
MES:wlj:jf
2005 - 2006 LEGISLATURE

LFB:......Reinhardt - Individual income tax deduction for college tuition; EdVest
For 2005-07 Budget -- Not Ready For Introduction
ASSEMBLY AMENDMENT ,
TO 2005 ASSEMBLY BILL 100
At the locations indicated, amend the bill as follows:
1.
Page 630, line 16: delete "$5,100, or".

2.
Page 630, line 20: delete "whichever is greater,".

3.
Page 1118, line 15: delete lines 15 to 18 and substitute "1, 2005.".
(End)
LRBb0346LRBb0346/2
RAC:wlj:pg
2005 - 2006 LEGISLATURE

LFB:......Rhodes - Criteria for transfer of moneys from budget stabilization fund
For 2005-07 Budget -- Not Ready For Introduction
ASSEMBLY AMENDMENT ,
TO 2005 ASSEMBLY BILL 100
At the locations indicated, amend the bill as follows:
1.
Page 54, line 1: before that line insert:

"SECTION 1m. 13.09 (2) of the statutes is created to read:

13.09 (2) If actual general fund revenues in any fiscal year are 98 percent or less of estimated general fund revenues under s. 20.005 (1), as published in the biennial budget act or acts, the joint committee of finance may introduce a bill requiring that moneys be transferred from the budget stabilization fund to the general fund to address the revenue shortfall in that fiscal year.".

2.
Page 54, line 1: delete "SECTION 1" and substitute "SECTION 1r".

3.
Page 71, line 15: after that line insert:

"SECTION 66m. 16.50 (7) (b) of the statutes is amended to read:

16.50 (7) (b) Following such notification, the governor shall submit a bill containing his or her recommendations for correcting the imbalance between projected revenues and authorized expenditures, including, if the imbalance is caused by actual general fund revenues being 98 percent or less of estimated general fund revenues under s. 20.005 (1), as published in the biennial budget act or acts, a recommendation as to whether moneys should be transferred from the budget stabilization fund to the general fund. If the legislature is not in a floorperiod at the time of the secretary's notification, the governor shall call a special session of the legislature to take up the matter of the projected revenue shortfall and the governor shall submit his or her bill for consideration at that session.".

4.
Page 394, line 12: after "16.848" insert ". Moneys in this fund are reserved for a transfer from the fund to the general fund to provide state revenue stability during periods of below-normal economic activity when actual general fund revenues are 98 percent or less of estimated general fund revenues under s. 20.005 (1), as published in the biennial budget act or acts.".
(End)
LRBb0347LRBb0347/2
JK:cjs:jf
2005 - 2006 LEGISLATURE

LFB:......Reinhardt - Internal Revenue Code update to include federal exclusion from gross income for members of the military for travel benefits donated by them
For 2005-07 Budget -- Not Ready For Introduction
ASSEMBLY AMENDMENT ,
TO 2005 ASSEMBLY BILL 100
At the locations indicated, amend the bill as follows:
1.
Page 619, line 13: delete "and".

2.
Page 619, line 14: after "108-357," insert "and P.L. 108-375,".

3.
Page 620, line 4: delete "and P.L." and substitute "P.L.".

4.
Page 620, line 5: after "108-357" insert ", and P.L. 108-375".

5.
Page 620, line 13: delete "and P.L." and substitute "P.L.".

6.
Page 620, line 14: after "108-357," insert "and P.L. 108-375,".

7.
Page 620, line 18: delete "and P.L." and substitute "P.L.".

8.
Page 620, line 19: after "108-357," insert "and P.L. 108-375,".

9.
Page 621, line 8: after "108-357," insert "P.L. 108-375,".

10.
Page 621, line 25: after "108-357," insert "P.L. 108-375,".

11.
Page 622, line 7: after "108-357," insert "P.L. 108-375,".

12.
Page 622, line 11: after "108-357," insert "P.L. 108-375,".

13.
Page 623, line 14: after "108-357," insert "P.L. 108-375,".

14.
Page 650, line 14: delete "and P.L." and substitute "P.L.".

15.
Page 650, line 15: after "P.L. 108-357," insert "and P.L. 108-375,".

16.
Page 651, line 7: delete "and P.L." and substitute "P.L.".

17.
Page 651, line 8: after "108-357" insert ", and P.L. 108-375".

18.
Page 651, line 16: delete "and P.L." and substitute "P.L.".

19.
Page 651, line 17: after "108-357," insert "and P.L. 108-375,".

20.
Page 651, line 21: delete "108-311, and" and substitute "108-311,".

21.
Page 651, line 23: after "108-357," insert "and P.L. 108-375,".

22.
Page 652, line 12: after "108-357," insert "P.L. 108-375,".

23.
Page 653, line 4: after "108-357," insert "P.L. 108-375,".

24.
Page 653, line 12: after "108-357," insert "P.L. 108-375,".

25.
Page 653, line 15: after "108-357," insert "P.L. 108-375,".

26.
Page 654, line 19: after "108-357," insert "P.L. 108-375,".

27.
Page 662, line 24: delete "and".

28.
Page 662, line 25: after "108-357," insert "and P.L. 108-375,".

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