LRB-1161/2
GMM:jld&sac:rs
2013 - 2014 LEGISLATURE
DOA:......Boggs, BB0376 - Suspension of Wisconsin higher education grant sum sufficient link
For 2013-2015 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
education
Other educational and cultural agencies
Under current law, there is appropriated to the Higher Educational Aids Board (HEAB) a sum sufficient equal to $58,345,400 in each of fiscal years 2011-12 and 2012-13 and, in subsequent years, equal to the amount calculated by adding the average percentage increase in undergraduate academic fees at the institutions within the UW System to the amount appropriated in the previous year. This bill appropriates to HEAB a sum sufficient equal to $58,345,400 in each of fiscal years 2013-14 and 2014-15.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section 1. 39.435 (7) (a) 1. of the statutes is amended to read:
39.435 (7) (a) 1. For purposes of calculating the amount to be appropriated under s. 20.235 (1) (fe) for fiscal year 2013-14 2015-16, "base amount" means the amount shown in the schedule under s. 20.005 for that appropriation for fiscal year 2012-13 2014-15.
Section 2. 39.435 (7) (a) 2. of the statutes is amended to read:
39.435 (7) (a) 2. For purposes of calculating the amount to be appropriated under s. 20.235 (1) (fe) for each fiscal year after fiscal year 2013-14 2015-16, "base amount" means the appropriation amount calculated under par. (b) for the previous fiscal year.
Section 3. 39.435 (7) (b) (intro.) of the statutes is amended to read:
39.435 (7) (b) (intro.) Biennially, beginning on February 1, 2013 2015, the board shall calculate the amounts to be appropriated under s. 20.235 (1) (fe) for the next biennium as follows:
(End)