Friday, June 20, 2003
4:00 P.M.
Ninety-Sixth Regular Session
The Senate met.
The Senate was called to order by Senator Joseph Leibham.
The Chair, with unanimous consent, asked that the proper entries be made in the journal.
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Read and referred:
Senate Bill 202
Relating to: the purchase of health care coverage by individuals who are engaged in the business of farming through the Group Insurance Board, granting rule-making authority, and making an appropriation.
By
Senators
Leibham, M. Meyer, Decker, Roessler, Wirch, Brown, Breske and Hansen; cosponsored by Representatives Towns, Vruwink, LeMahieu, Ladwig, Pettis, M. Lehman, Suder, Bies, Staskunas, Musser, Hahn, Weber, Kreibich, Berceau, Ainsworth, Ott, J. Wood, Hines, Kestell, Owens, Gunderson, Gronemus, Balow, McCormick, Olsen, Plouff, Freese, Shilling, Hundertmark, Schneider, Van Akkeren, Johnsrud and Petrowski.
To committee on Agriculture, Financial Institutions and Insurance.
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The joint committee on Finance reports and recommends:
Senate Bill 180
Relating to: payments to local governments for public utilities and making an appropriation.
Introduction and adoption of Senate Substitute Amendment 2.
Ayes, 16 - Senators
Darling, Welch, S. Fitzgerald, Lazich, Harsdorf, Kanavas, Decker and Moore. Representatives Kaufert, Huebsch, Ward, Stone, Rhoades, D. Meyer, Coggs and Schooff.
Noes, 0 - None.
Passage as amended.
Ayes, 16 - Senators
Darling, Welch, S. Fitzgerald, Lazich, Harsdorf, Kanavas, Decker and Moore. Representatives Kaufert, Huebsch, Ward, Stone, Rhoades, D. Meyer, Coggs and Schooff.
Noes, 0 - None.
Senate Bill 197
Relating to: single sales factor apportionment of income for corporate income tax and franchise tax purposes and granting rule-making authority.
Introduction and adoption of Senate Amendment 1 to Senate Substitute Amendment 1.
Ayes, 14 - Senators
Darling, Welch, S. Fitzgerald, Lazich, Harsdorf and Kanavas.
Representatives Kaufert, Huebsch, Ward, Stone, Rhoades, D. Meyer, Coggs and Schooff.
Noes, 2 - Senators
Decker and Moore.
Adoption of Senate Substitute Amendment 1.
Ayes, 13 - Senators
Darling, Welch, S. Fitzgerald, Lazich, Harsdorf and Kanavas.
Representatives Kaufert, Huebsch, Ward, Stone, Rhoades, D. Meyer and Schooff.
Noes, 3 - Senators
Decker and Moore. Representative Coggs.
Passage as amended with emergency statement attached.
Ayes, 13 - Senators
Darling, Welch, S. Fitzgerald, Lazich, Harsdorf and Kanavas.
Representatives Kaufert, Huebsch, Ward, Stone, Rhoades, D. Meyer and Schooff.
Noes, 3 - Senators
Decker and Moore. Representative Coggs.
Alberta Darling
Senate Chairperson
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State of Wisconsin
Department of Administration
May 29, 2003
The Honorable, The Legislature:
This report is transmitted as required by sec. 20.002(11)(f) of the Wisconsin Statutes, (for distribution to the appropriate standing committees under sec. 13.172(3) Stats.), and confirms that the Department of Administration has found it necessary to exercise the "temporary reallocation of balances" authority provided by this section in order to meet payment responsibilities and cover resulting negative balances during the month of April 2003.
On April 3, 2003, the General Fund cash balance closed at a negative $15.3 million. The negative balance continued until April 4, 2003, when the balance closed at a positive $13.1 million. On April 7, 2003, the General Fund cash balance again fell negative, closing at a negative $54.6 million. The negative balance continued until April 18, 2003, when the balance closed at a positive $45.6 million. The General Fund cash balance reached its monthly low of a negative $95.5 million on April 10, 2003. The negative balance was due to the difference in the timing of revenues and expenditures.
The General Fund shortfall was not in excess of the statutory interfund borrowing limitation and did not exceed the balances of the funds available for interfund borrowing.
S246
The distribution of interest earnings to investment pool participants is based on the average daily balance in the pool and each fund's share. Therefore, the monthly calculation by the State Controller's Office will automatically reflect the use of these temporary reallocations of balance authority, and as a result, the funds requiring the use of the authority will effectively bear the interest cost.
Sincerely,
Marc J. Marotta
Secretary
Referred to the joint committee on Finance.
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State of Wisconsin
Office of the Governor
June 13, 2003
The Honorable, The Senate:
I am pleased to nominate and with the advice and consent of the Senate, do appoint Morris
, Gregory O.,
of Milwaukee, as a member of the Dentistry Examining Board, to serve for the term ending December 31, 2006.
Sincerely,
JIM DOYLE
