The committee on Education reports and recommends:
Assembly Bill 394
Relating to: the eligible ages for special education.
Concurrence.
Ayes, 11 - Senators
Grobschmidt, Jauch, Shibilski, Baumgart, Robson, Erpenbach, Darling, Roessler, Huelsman, Lazich and Farrow.
Noes, 0 - None.
Assembly Bill 654
Relating to: the college tuition prepayment program, creating a college savings program board and college savings program, granting rule-making authority and making an appropriation.
Concurrence.
Ayes, 11 - Senators
Grobschmidt, Jauch, Shibilski, Baumgart, Robson, Erpenbach, Darling, Roessler, Huelsman, Lazich and Farrow.
Noes, 0 - None.
Senate Bill 306
Relating to: establishing a geographical education fund and making an appropriation.
Introduction and adoption of Senate amendment 1.
Ayes, 11 - Senators
Grobschmidt, Jauch, Shibilski, Baumgart, Robson, Erpenbach, Darling, Roessler, Huelsman, Lazich and Farrow.
Noes, 0 - None.
Passage as amended.
Ayes, 10 - Senators
Grobschmidt, Jauch, Shibilski, Baumgart, Robson, Erpenbach, Darling, Roessler, Huelsman and Farrow.
Noes, 1 - Senator
Lazich.
Senate Bill 327
Relating to: grants to certain students enrolled in technical colleges.
Passage.
Ayes, 11 - Senators
Grobschmidt, Jauch, Shibilski, Baumgart, Robson, Erpenbach, Darling, Roessler, Huelsman, Lazich and Farrow.
Noes, 0 - None.
Senate Bill 332
Relating to: the college tuition prepayment program, creating a college savings program board and college savings program, granting rule-making authority and making an appropriation.
Introduction and adoption of Senate amendment 1.
Ayes, 11 - Senators
Grobschmidt, Jauch, Shibilski, Baumgart, Robson, Erpenbach, Darling, Roessler, Huelsman, Lazich and Farrow.
Noes, 0 - None.
S439
Introduction and adoption of Senate amendment 2.
Ayes, 11 - Senators
Grobschmidt, Jauch, Shibilski, Baumgart, Robson, Erpenbach, Darling, Roessler, Huelsman, Lazich and Farrow.
Noes, 0 - None.
Passage as amended.
Ayes, 11 - Senators
Grobschmidt, Jauch, Shibilski, Baumgart, Robson, Erpenbach, Darling, Roessler, Huelsman, Lazich and Farrow.
Noes, 0 - None.
Senate Bill 342
Relating to: state aid for special education and school age parents programs.
Passage.
Ayes, 7 - Senators
Grobschmidt, Jauch, Shibilski, Baumgart, Robson, Erpenbach and Roessler.
Noes, 4 - Senators
Darling, Huelsman, Lazich and Farrow.
Richard Grobschmidt
Chairperson
The committee on Health, Utilities, Veterans and Military Affairs reports and recommends:
Senate Bill 397
Relating to: designating personal care shortage areas, reimbursement for losses in the provision of personal care services, providing a supplement for hourly medical assistance reimbursement rates for in-home personal care services workers, providing an exemption from emergency rule procedures, requiring the exercise of rule-making authority and making appropriations.
Introduction.
Ayes, 6 - Senators
Moen, Breske, Robson, Erpenbach, Rude and Drzewiecki.
Noes, 1 - Senator
Welch.
To committee on Health, Utilities, Veterans and Military Affairs.
Rodney Moen
Chairperson
__________________
State of Wisconsin
February 11, 2000
The Honorable, The Senate:
Please add Senator Fred Risser and Representative Richard Skindrud as cosponsors of Senate Bill 358, relating to animal health testing and diagnosis, creating a veterinary diagnostic laboratory board and making an appropriation.
Sincerely,
Alice Clausing
State Senator
State of Wisconsin
Office of the Secretary of State
To the Honorable, the Senate:
Sincerely,
Douglas La follette
Secretary of State
State of Wisconsin
Joint Legislative Council
February 15, 2000
The Honorable, The Senate:
I am please to transmit to you the following report to the 1999 Legislature on legislation introduced by the Joint Legislative Council.
RL-15 Legislation on Historic Buildings and the Historic Building Code (1999 Senate Bill 371)
I would appreciate your including this letter in the Journal for the information of the membership. Additional copies of this report are available at the Legislative Council Staff Offices, One East Main, Suite 401, or from our web page at
www.legis.state.wi.us/lc/jlc99recs.htm.
Sincerely,
Laura D. Rose
Interim Director
State of Wisconsin
Investment Board
February 11, 2000
The Honorable, The Legislature:
Attached is the Investment Board's annual report to the Legislature regarding goals, long-term strategies and performance, as provided under ss.
25.17(14g) and
(14m). This year we have combined two separate reports to make it easier to understand the relationship between our strategies and performance.
The 1999 gain for the Fixed (balanced) retirement Fund was 15.7% compared to 14.2% for the benchmark used to measure investment performance. The Fund is also ahead of its five-year and ten-year benchmarks. At year-end, accumulated gains in the transaction amortization account (TAA) reached $17.4 billion, a record in terms 0f dollar amount and as a percentage of Fixed Fund assets.
The Variable Retirement Fund had its best return since 1985, gaining 27.8% compared to 23.3% for its benchmark. the Variable Fund is also ahead of its five-year benchmark.
The 4.9% return for State Investment Fund surpassed a 4.8% for its benchmark and placed the fund fifth out of 214 government funds in the IBC/Donoghue Government Index.
As part of an extensive annual review of our strategy, we gave particular attention to the Legislative Audit Bureau's October 1999 management review of SWIB. We also considered the potential effects of
1999 Wisconsin Act 11, which could make significant changes to pension benefits and financing, depending upon future action by the courts. Our review indicated that the trust funds are generally well positioned. however, we are implementing several strategy improvements that are discussed in the report.
Please contact me if you have any questions about this report or other matters.
Sincerely,
Patricia Lipton
Executive Director
Ethics Board
February 15, 2000
