LRB-1034/2
RNK:jld:jm
2015 - 2016 LEGISLATURE
DOA:......Byrnes, BB0361 - Restrictions on stewardship bonding authority
For 2015-2017 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
Natural Resources
Other natural resources
Current law authorizes the state to incur public debt for certain conservation activities under the Warren Knowles-Gaylord Nelson Stewardship 2000 Program (stewardship program), which is administered by DNR. The state may incur this debt to acquire land for the state for conservation purposes and for property development activities and may award grants or state aid to certain local governmental units and nonprofit conservation organizations to acquire lands for these purposes.
The stewardship program consists of five subprograms including the land acquisition subprogram. This bill prohibits DNR from obligating amounts under the land acquisition subprogram beginning in fiscal year 2015-16 if the general fund annual debt service under the stewardship program exceeds $54,305,700.
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. 23.0917 (8) (h) of the statutes is created to read:
23.0917 (8) (h) Beginning with fiscal year 2015-16, the department may not obligate moneys from the appropriation under s. 20.866 (2) (ta) under the land acquisition subprogram if the annual general fund debt service on amounts obligated under s. 20.866 (2) (ta) exceeds $54,305,700.
(End)
