Concurrence.
Ayes, 5 - Senators
Chvala, Risser, Moen, Ellis and Rude.
Noes, 0 - None.
Charles Chvala
Chairperson
__________________
State of Wisconsin
Ethics Board
June 29, 1999
The Honorable, The Senate:
The following lobbyists have been authorized to act on behalf of the organizations set opposite their names.
For more detailed information about these lobbyists and organizations and a complete list
of organizations and people authorized to lobby the 1999 session of the legislature, visit the Ethics Board's web site at
http://ethics.state.wi.us
Blumenfeld, Michael Wisconsin School Psychologists Association
Carey, Ray Miller Compressing Company
Ciaravino, Anthony S Wine Institute
Gerrard, M William Wine Institute
Kuehn, Ronald W SC Johnson & Son Incorporated
Lipscomb, Jr., Mark G. Wisconsin Burial Vault Association
Matthews, John Miller Compressing Company
Neuwirth, Alex Plumbers Local 75
Partenfelder-Moede, Peggy Wisconsin Chiropractic Association
Petak, George Wisconsin Wine and Spirit Institute
Peterson, Craig Wisconsin Wine and Spirit Institute
Potter, Rosemary Miller Compressing Company
Reff, Russell J Radtke Contractors Inc
Sicula, Paul Habush, Habush, Davis & Rottier, S.C.
Taffora, Raymond P Midwest Express Airlines Inc
Tenuta, James Wisconsin Physical Therapy Association
S190
Also available from the Wisconsin Ethics Board are reports identifying the amount and value of time state agencies have spent to affect legislative action and reports of expenditures for lobbying activities filed by the organizations that employ lobbyists.
Sincerely,
Roth Judd
Director
State of Wisconsin
State of Wisconsin Investment Board
June 21, 1999
The Honorable, The Legislature:
Section
25.17(14r) of the Statutes requires that the State of Wisconsin Investment Board (SWIB) submit a report to the Joint Committee on Audit, Joint Committee on Finance and the Chief Clerks of each House summarizing any change in the Board's investment policies, upon adoption of the change.
On June 9, 1999 the Board approved modifications to the Investment Policy Guidelines for the Wisconsin Retirement System (WRS) Trust Funds. Attached are the modified guidelines. Additions to the previous guidelines are shaded and deletions are the stricken material.
Formation of Alternative Investments Committee
SWIB currently has four portfolios with mandates designed to include private investment programs: the non traditional portfolio, the private placements core portfolio, the leveraged buy-out portfolio and the venture capital portfolio.
Previously, private investment transactions were brought to the full Board for review and approval. In order to address inefficiencies in this process, the Board adopted policy changes that created an Alternative Investments Committee. The purpose of this Committee is to develop, administer and monitor policies and procedures for our private investment programs. The Committee will function as a panel of review for all private investment proposals and will report all private transaction activity to the full Board. We have used a similar model for real estate investments and it has been effective.
The attached guideline changes reflect the creation of this committee, detailing its function with respect to the alternative investment portfolios. It is not anticipated that these changes will have any effect on the investment structure of the underlying portfolios.
Please contact me if you have any questions about this report.
Sincerely,
Patricia Lipton
Executive Director
State of Wisconsin
Department of Health and Family Services
June 25, 1999
The Honorable, The Senate:
On behalf of the Board of Governors of the Health Insurance Risk Sharing Plan (HIRSP), I am pleased to submit the attached report and supporting documents. These materials fulfill the statutory requirement set forth at s.
149.15(2m), stats, which requires the Board to submit to the Governor and the legislature a report on the operation of HIRSP and any recommended changes to the plan. the Board authorized me to submit these materials to you at its April 14, 1999 meeting.
On behalf of the HIRSP Board, I appreciate the support of the Governor and the legislature to make continued improvements in HIRSP. Please contact me if I may provide additional information.
Sincerely,
Joe Leean
Secretary
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State of Wisconsin
Office of the Governor
June 29, 1999
To the Honorable, the Senate:
The following bill(s), originating in the Senate, have been approved, signed and deposited in the office of the Secretary of State:
Sincerely,
TOMMY G. THOMPSON
Governor
State of Wisconsin
Office of the Governor
June 25,1999
The Honorable, The Senate:
I am pleased to nominate and with the advice and consent of the Senate, do appoint Heidel
, Sandra,
of Onalaska, as a member of the Kickapoo Reserve Management Board, to serve for the term ending May 1, 2002.
Sincerely,
TOMMY G. THOMPSON
Governor
Read and referred to committee on Agriculture, Environmental Resources and Campaign Finance Reform.
__________________
State of Wisconsin
Revisor of Statutes Bureau
July 1, 1999
To the Honorable, the Senate:
The following rules have been published:
Sincerely,
GARY L. POULSON
Deputy Revisor
Senator Risser, with unanimous consent, asked that the Senate recess until 2:24 A.M..
10:01 A.M.
__________________
2:24 A.M.
The Senate reconvened.
Senator Breske in the chair.
