LRB-1734/P1
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2019 - 2020 LEGISLATURE
DOA:......Potts, BB0247 - Increase SWRM Bonding
For 2019-2021 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
agriculture
1. Bonding authority for soil and water conservation grants
This bill increases the general obligation bonding authority for the Soil and Water Resource Management Program by $10,000,000. The program, which is administered by DATCP, awards grants to counties to help fund their land and water conservation activities. The total amount of debt that may now be obligated for this purpose is $78,075,000.
For further information see the state and local 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. 20.866 (2) (we) of the statutes is amended to read:
20.866 (2) (we) Agriculture; soil and water. From the capital improvement fund, a sum sufficient for the department of agriculture, trade and consumer protection to provide for soil and water resource management under s. 92.14. The state may contract public debt in an amount not to exceed $68,075,000 $78,075,000 for this purpose.
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