AB150,639,8 11(b) In awarding bonus compensation for a given period fiscal year, the board
12shall consider the performance of funds similar to those for which it has managing
13authority and market indices for the same period fiscal year. Based upon such
14performance and indices, the board shall establish performance standards for the
15funds for which it has managing authority for the same fiscal year, together with
16standards for superior performance for that fiscal year and standards for exceptional
17performance for that fiscal year. Upon completion of each fiscal year, the board shall
18notify the secretary of administration in writing of its performance standard for that
19fiscal year and its standards for superior performance and exceptional performance
20for that fiscal year, and whether it has achieved those standards. If the secretary of
21administration receives notification from the board that it has achieved its
22performance standard for a fiscal year, the secretary shall authorize expenditure for
23bonuses of 10% of the annualized salaries of the eligible employes at the beginning
24of the fiscal year. If the secretary of administration receives notification from the
25board that it has achieved its standard for superior performance for a fiscal year, the

1secretary shall authorize expenditure for bonuses in an additional amount specified
2by the board, which shall be less than 15% of the annualized salaries of the eligible
3employes at the beginning of the fiscal year. If the secretary of administration
4receives notification from the board that it has achieved its standard for exceptional
5performance for a fiscal year, the secretary shall authorize expenditure for bonuses
6in an additional amount specified by the board, which shall be not greater than 15%
7of the annualized salaries of the eligible employes at the beginning of the fiscal year,
8less any amount authorized for superior performance under this paragraph
.
AB150,639,12 9(c) The board shall provide for a portion of the bonus compensation awarded
10under this subsection to be distributed to an employe over a 3-year period
11conditioned upon continuation of employment to the time of distribution, except as
12provided in sub. (7).
AB150,639,14 13(d) Bonus compensation may only be awarded under this subsection pursuant
14to a plan adopted by the board that specifies all of the following:
AB150, s. 1393 15Section 1393. 25.156 (6) (a) to (c) of the statutes are renumbered 25.156 (6) (d)
161. to 3.
AB150, s. 1394 17Section 1394. 25.17 (intro.) of the statutes is amended to read:
AB150,639,21 1825.17 Powers and duties of board. (intro.) The "State of Wisconsin
19Investment Board" shall be a body corporate with power to sue and be sued in said
20name.
The investment board shall have a seal with the words, "State of Wisconsin
21Investment Board". The board shall:
AB150, s. 1395 22Section 1395. 25.17 (1) (i) of the statutes is created to read:
AB150,639,2323 25.17 (1) (i) Information technology investment fund (s. 25.61);
AB150, s. 1396 24Section 1396. 25.17 (3) (b) 9. of the statutes is created to read:
AB150,640,2
125.17 (3) (b) 9. Bonds issued by the University of Wisconsin Hospitals and
2Clinics Authority.
AB150, s. 1397 3Section 1397. 25.18 (1) (e) of the statutes is amended to read:
AB150,640,84 25.18 (1) (e) Take such action as may be necessary to make investments in
5mortgage loans or in the purchase of interests in real estate in any other state or in
6Canada, including but not excluding because of enumeration, qualifying to do
7business, filing reports, paying franchise, license or other fees and taxes, designating
8agents, and designating an office and subjecting itself to suit.
AB150, s. 1398 9Section 1398. 25.18 (2) (e) of the statutes is amended to read:
AB150,640,2010 25.18 (2) (e) Contract with and delegate to investment advisers the
11management and control over assets from any fund or trust delivered to such
12investment advisers for investment in real estate, mortgages, equities, debt of
13foreign corporations and debt of foreign governments, and pay such advisers fees
14from the current income of the fund or trust being invested. No more than 10% 25%
15of the total assets of the fixed retirement investment trust or 10% 25% of the total
16assets of the variable retirement investment trust may be delivered to investment
17advisers. The board shall set performance standards for such investment advisers,
18monitor such investments to determine if performance standards are being met and
19if an investment adviser does not consistently meet the performance standards then
20terminate the contract with such investment adviser.
AB150, s. 1399 21Section 1399. 25.19 (1) of the statutes is amended to read:
AB150,640,2422 25.19 (1) The state treasurer shall be the treasurer of the investment board and
23shall give an additional bond in such amount and with such corporate sureties as is
24required and approved by the board, the cost of which shall be borne by the board.
AB150,641,8
1(1m) Any of the securities purchased by the investment board for any of the
2funds whose investment is under the control of the board may be deposited by the
3board or the state treasurer in vaults or other safe depositories outside of the office
4of the state treasurer, and
either in or outside of this state , but a safekeeping receipt
5shall be delivered to the state treasurer for all securities so deposited. Every such
6safekeeping receipt shall describe the securities covered thereby and be payable on
7demand, without conditions, to the investment board or to any designated fund
8under the control of the board or to the state treasurer
.
AB150, s. 1400 9Section 1400. 25.19 (2) of the statutes is repealed.
AB150, s. 1401 10Section 1401. 25.29 (1) (a) of the statutes is amended to read:
AB150,641,1511 25.29 (1) (a) All moneys accruing to the state for or in behalf of the department
12of natural resources or the department of tourism and parks under chs. 26, 27, 28,
1329 and 350, subchs. I and VI of ch. 77 and ss. 23.09 to 23.42, 23.50 to 23.99, 30.50 to
1430.55, 70.58 and 71.10 (5), including grants received from the federal government or
15any of its agencies except as otherwise provided by law.
AB150, s. 1402 16Section 1402. 25.29 (1) (e) of the statutes is amended to read:
AB150,641,1817 25.29 (1) (e) An amount equal to the amounts expended under s. 20.370 (1) (kw)
18(7) (aq).
AB150, s. 1403 19Section 1403. 25.29 (3) (b) of the statutes is amended to read:
AB150,641,2020 25.29 (3) (b) As provided in s. 20.370 (4) (5) (aq).
AB150, s. 1404 21Section 1404. 25.29 (7) (a) of the statutes is amended to read:
AB150,642,322 25.29 (7) (a) Eight percent of the tax levied under s. 70.58 or of the funds
23provided for in lieu of the levy shall be used to acquire and develop forests of the state
24for the purposes or capable of providing the benefits described under s. 28.04 (1)
25within areas approved by the department of tourism and parks and the governor and

1located within the region composed of Manitowoc, Calumet, Winnebago, Sheboygan,
2Fond du Lac, Ozaukee, Washington, Dodge, Milwaukee, Waukesha, Jefferson,
3Racine, Kenosha, Walworth, Rock and Outagamie counties.
AB150, s. 1405 4Section 1405. 25.29 (7) (b) of the statutes is amended to read:
AB150,642,95 25.29 (7) (b) An additional 4% of the tax levied under s. 70.58 or of the funds
6provided in lieu of the levy shall be used to purchase forests for the state for the
7purposes or capable of providing the benefits described under s. 28.04 (1) within
8areas approved by the department of tourism and parks and the governor and located
9within the region specified under par. (a).
AB150, s. 1406 10Section 1406. 25.36 (1) of the statutes is amended to read:
AB150,642,2211 25.36 (1) Except as provided in sub. (2), all moneys appropriated or transferred
12by law shall constitute the veterans trust fund which shall be used exclusively for the
13veterans programs under ss. 20.485 (2) (m), (mn), (tm), (u), (v), (vo), (w) and, (z) and
14(zm)
, 45.01, 45.25, 45.351 (1) and (2), 45.352, 45.353, 45.356, 45.357, 45.396, 45.397
15and 45.43 (7) and administered by the department of veterans affairs, including all
16moneys received from the federal government for the benefit of veterans or their
17dependents; all moneys paid as interest on and repayment of loans under the
18post-war rehabilitation fund; soldiers rehabilitation fund, veterans housing funds
19as they existed prior to July 1, 1961; all moneys paid as interest on and repayment
20of loans under this fund; all moneys paid as expenses for, interest on and repayment
21of veterans trust fund stabilization loans; and all gifts of money received by the board
22of veterans affairs for the purposes of this fund.
AB150, s. 1407 23Section 1407. 25.40 (1) (a) 2. of the statutes is amended to read:
AB150,643,3
125.40 (1) (a) 2. Other revenues specified in ch. 218 derived from the issuance
2of licenses under the authority of the commissioner of banking department of
3financial institutions
which shall be paid into the general fund.
AB150, s. 1408 4Section 1408. 25.40 (1) (a) 5. of the statutes is amended to read:
AB150,643,75 25.40 (1) (a) 5. Fees collected under s. 342.14 (1m) that are deposited in the
6general fund and credited to the appropriation under s. 20.370 (2) (dj) environmental
7fund
.
AB150, s. 1409 8Section 1409. 25.40 (1) (a) 12. of the statutes is created to read:
AB150,643,109 25.40 (1) (a) 12. Ten percent of the moneys collected under s. 195.60 that are
10deposited in the general fund for costs of state government operations.
AB150, s. 1410 11Section 1410. 25.40 (2) (b) 2e. of the statutes is repealed.
AB150, s. 1411 12Section 1411. 25.40 (2) (b) 12. of the statutes is repealed.
AB150, s. 1412 13Section 1412. 25.40 (2) (b) 16. of the statutes is renumbered 25.40 (2) (b) 20e.
14and amended to read:
AB150,643,1515 25.40 (2) (b) 20e. Section 20.455 (2) 20.505 (1) (q).
AB150, s. 1413 16Section 1413. 25.40 (2) (b) 17. of the statutes is repealed.
AB150, s. 1414 17Section 1414. 25.43 (3) of the statutes is amended to read:
AB150,643,2118 25.43 (3) Except for the purpose of investment as provided in s. 25.17 (2) (d),
19the clean water fund may be used only for the purposes authorized under ss. 20.320
20(1) (r), (s) and (t), 20.370 (2) (mt) and (mx) and (4) (iv) and (ix), (6) (mu) and (mx) and
21(8) (mr)
, 20.505 (1) (v) and (x), 144.241 and 144.2415.
AB150, s. 1415 22Section 1415. 25.46 (17m) of the statutes is created to read:
AB150,643,2423 25.46 (17m) All moneys received under s. 144.968 (2) for cooperative remedial
24action.
AB150, s. 1416 25Section 1416. 25.46 (19) of the statutes is created to read:
AB150,644,2
125.46 (19) The fees imposed under s. 342.14 (1m) for waste tire removal and
2recovery programs.
AB150, s. 1417 3Section 1417. 25.465 (7) of the statutes is amended to read:
AB150,644,44 25.465 (7) The fees imposed under s. 94.705 (1) and (4).
AB150, s. 1418 5Section 1418. 25.50 (1) (d) of the statutes is amended to read:
AB150,644,126 25.50 (1) (d) "Local government" means any county, town, village, city, power
7district, sewerage district, drainage district, town sanitary district, public inland
8lake protection and rehabilitation district, public library system, school district or
9technical college district in this state, any commission, committee, board or officer
10of any governmental subdivision of this state, any court of this state, other than the
11court of appeals or the supreme court, or any authority created under s. 231.02,
12233.02
or 234.02.
AB150, s. 1419 13Section 1419. 25.50 (7) of the statutes is amended to read:
AB150,644,1714 25.50 (7) Reimbursement of expenses. The state treasurer shall deduct
15quarterly a maximum of 0.25% 0.5% of the amount of income received from the
16earnings of the fund during the preceding calendar quarter for all actual and
17necessary expenses incurred by the state in administering the fund.
AB150, s. 1420 18Section 1420. 25.61 of the statutes is created to read:
AB150,644,23 1925.61 Information technology investment fund. There is created a
20separate nonlapsible trust fund designated as the information technology
21investment fund consisting of all revenues accruing to the state from fees assessed
22under s. 16.701 and from gifts, grants and bequests made for information technology
23development purposes and moneys transferred to the fund from other funds.
AB150, s. 1421 24Section 1421. 26.01 of the statutes is renumbered 26.01 (intro.) and amended
25to read:
AB150,645,2
126.01 (title) Definition Definitions. (intro.) In this chapter, unless the
2context requires otherwise "department":
AB150,645,3 3(1) "Department" means the department of natural resources.
AB150, s. 1422 4Section 1422. 26.01 (2) of the statutes is created to read:
AB150,645,65 26.01 (2) "Southern state forest" means a state forest that is located within the
6region specified in s. 25.29 (7) (a).
AB150, s. 1423 7Section 1423. 26.06 (1) of the statutes is amended to read:
AB150,645,238 26.06 (1) Foresters, forest supervisors, forest rangers and wardens of the
9department and the cruisers and foresters of the board of commissioners of public
10lands have the enforcement powers specified in s. 26.97 with respect to, and may
11seize, without process, any forest products unlawfully severed from public lands of
12the state, federal lands leased to the state, county forest lands entered under s. 28.11,
13forest croplands entered under subch. I of ch. 77 or managed forest land designated
14under subch. VI of ch. 77. Seized products cut from lands under the control of the
15board of commissioners of public lands shall be held for the commissioners and those
16cut from forest croplands, managed forest land or county forest shall be held for the
17owner, and subject to the payment of severance taxes, yield taxes or severance share
18thereon to the state. Products cut from state forest lands or federal lands leased to
19the department shall be appraised and sold. Products appraised at more than $500
20shall be sold on sealed bids not less than 10 days after a class 1 notice has been
21published, under ch. 985, in the county where the material is located. Any sheriff
22may seize and hold for the owner thereof any forest products unlawfully severed or
23removed.
AB150, s. 1424 24Section 1424. 26.08 (1) of the statutes is amended to read:
AB150,646,12
126.08 (1) The department may, from time to time, lease parts or parcels of state
2park lands or
state forest lands, other than southern state forest lands. The
3department of tourism and parks may lease parts or parcels of lands in the state park
4system
. These leases shall contain proper covenants to guard against trespass and
5waste. The rents arising from these leases shall be paid into the state treasury to
6the credit of the proper fund. Licenses also may be granted to prospect for ore or
7mineral upon any of these lands; but proper security shall be taken that the licensees
8will fully inform the department that leases the lands of every discovery of ore or
9mineral and will restore the surface to its former condition and value if no discovery
10of valuable deposits is made. The department that leases the lands shall retain a
11copy of each lease or license and file the original in the office of the board of
12commissioners of public lands.
AB150, s. 1425 13Section 1425. 26.08 (2) (a) of the statutes is amended to read:
AB150,646,1614 26.08 (2) (a) Except as provided under par. (b) the department may lease state
15park land or state forest land for
the leases under sub. (1) shall be for terms not
16exceeding 15 years.
AB150, s. 1426 17Section 1426. 26.08 (2) (b) of the statutes is amended to read:
AB150,646,1918 26.08 (2) (b) The department of tourism and parks may lease Rib Mountain
19state park lands and Willow river state park lands for terms not exceeding 30 years.
AB150, s. 1427 20Section 1427. 26.08 (3) of the statutes is amended to read:
AB150,646,2521 26.08 (3) The department of natural resources and the department of tourism
22and parks
shall furnish to the board of commissioners of public lands such maps,
23plats, surveys, valuations, information and other services as the board may request
24respecting any of the public lands, for use by it in granting leases or licenses or in
25making sales under s. 24.39.
AB150, s. 1428
1Section 1428. 26.11 (7) of the statutes is created to read:
AB150,647,62 26.11 (7) (a) Notwithstanding s. 20.001 (3) (c), if the sum of the unencumbered
3balances in the appropriation accounts under s. 20.370 (1) (cs) and (mz) exceeds
4$500,000 on June 30 of any fiscal year, the amount in excess of $500,000 shall lapse
5from the appropriation account under s. 20.370 (1) (cs) to the conservation fund,
6except as provided in par. (b).
AB150,647,107 (b) Notwithstanding s. 20.001 (3) (c), if the amount in the appropriation account
8under s. 20.370 (1) (cs) is insufficient for the amount that must lapse under par. (a),
9the remainder that is necessary for the lapse shall lapse from the appropriation
10account under s. 20.370 (1) (mz).
AB150, s. 1429 11Section 1429. 26.20 (3) of the statutes is amended to read:
AB150,647,2512 26.20 (3) Locomotive inspector; powers. Any locomotive inspector designated
13by the department shall have the power to reject from service immediately any
14locomotive, donkey, traction, or portable engine which, in the opinion of the inspector,
15is deficient in adequate design, construction, or maintenance of the fire protective
16devices designated in sub. (2), and any such locomotive, donkey, traction, or portable
17engine so rejected from service shall not be returned to service until such defects have
18been remedied to the satisfaction of the locomotive inspector. In case of disagreement
19between the inspector and the owner of the locomotive, donkey, traction, or portable
20engine so rejected from service as to the efficiency or proper maintenance of said
21protective devices, then the owner of the locomotive, donkey, traction, or portable
22engine may appeal to the office of the commissioner of railroads division of hearings
23and appeals in the department of administration
for a decision of said matter, but
24pending such decision the locomotive, donkey, traction, or portable engine shall not
25be returned to service.
AB150, s. 1430
1Section 1430. 26.20 (10) of the statutes is amended to read:
AB150,648,82 26.20 (10) (title) Appeal to office of the commissioner of railroads division
3of hearings and appeals
. In case the department and any person operating any
4locomotive, donkey, or threshing engine, or any engine, boiler, or locomotive cannot
5agree as to the most practicable device or devices for preventing the escape of sparks,
6cinders, or fire from smokestacks, ash pans or fire boxes, then the same shall be
7determined by the office of the commissioner of railroads division of hearings and
8appeals in the department of administration
.
AB150, s. 1431 9Section 1431. Chapter 27 (title) of the statutes is amended to read:
AB150,648,1310 CHAPTER 27
11PUBLIC PARKS AND PLACES OF
12 RECREATION, PUBLIC PARKS AND
13 TOURISM
AB150, s. 1432 14Section 1432. Subchapter I (title) of chapter 27 [precedes 27.001] of the
15statutes is created to read:
AB150,648,1616 Chapter 27
AB150,648,1817 Subchapter I
18 General provisions
AB150,648,19 1927.001 Definitions. In this chapter, unless the context requires otherwise:
AB150,648,20 20(1) "Department" means the department of tourism and parks.
AB150,648,21 21(2) "Secretary" means the secretary of tourism and parks.
AB150,648,23 22(3) "Southern state forest" means a state forest that is located within the region
23specified in s. 25.29 (7) (a).
AB150, s. 1433 24Section 1433. Subchapter II (title) of chapter 27 [precedes 27.01] of the
25statutes is created to read:
AB150,649,1
1Chapter 27
AB150,649,42 Subchapter II
3 State park system and
4 local parks
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