AB100, s. 838
12Section
838. 25.17 (14) (intro.) of the statutes is amended to read:
AB100,497,1813
25.17
(14) (intro.)
The investment board shall, as As of December 31 of each
14year, make and file with the department of employe trust funds a report of the value
15of the assets of the fixed retirement investment trust and of the variable retirement
16investment trust, determined as of that date at market value for the variable
17retirement investment trust and on the following basis for the fixed retirement
18investment trust:
AB100, s. 839
19Section
839. 25.17 (70) (a) of the statutes is amended to read:
AB100,498,220
25.17
(70) (a) No later than June 30 of every odd-numbered year, after
21receiving a report from the department of commerce under s. 560.08 (2) (m) and in
22consultation consulting with the department of commerce, submit to the governor
23and to the presiding officer of each house of the legislature a plan for making
24investments in this state. The purpose of the plan is to encourage the board to make
1the maximum amount of investments in this state, subject to s. 25.15 and consistent
2with the statutory purpose of each trust or fund managed by the board.
AB100, s. 840
3Section
840. 25.17 (70) (b) 1. of the statutes is amended to read:
AB100,498,64
25.17
(70) (b) 1. A report
from the department of commerce under s. 560.08 (2)
5(m) describing the types of investments in businesses in this state which will have
6the greatest likelihood of enhancing economic development in this state.
AB100, s. 841
7Section
841. 25.18 (1) (a) of the statutes is amended to read:
AB100,498,188
25.18
(1) (a) Notwithstanding subch. IV of ch. 16 and s. 20.930, employ special
9legal or investment counsel in any matters arising out of the scope of its investment
10authority. The employment of special legal counsel shall be with the advice and
11consent of the attorney general whenever such special counsel is to be compensated
12by the board. Any expense of counsel so employed shall be borne by the current
13income account of the fund for which the services shall be furnished, except that the
14fixed retirement investment fund may bear this expense from its transaction
15amortization account
and except that expenses may not be charged to a fund under
16this paragraph if the expenses are for data processing services, information
17technology and telecommunications services, accounting services other than
18actuarial services, or general management services.
AB100, s. 842
19Section
842. 25.18 (1) (m) of the statutes is amended to read:
AB100,499,320
25.18
(1) (m) Notwithstanding subchs. IV and V of ch. 16, employ professionals,
21contractors or other agents necessary to evaluate or operate any property if a fund
22managed by the board has an interest in, or is considering purchasing or lending
23money based upon the value of, that property. Costs under this paragraph shall be
24paid by the fund and charged to the appropriate current income account under s.
2540.04 (3)
, except that costs may not be paid by a fund under this paragraph if the costs
1are for data processing services, information technology and telecommunications
2services, accounting services other than actuarial services, or general management
3services.
AB100, s. 844
5Section
844. 25.29 (1) (a) of the statutes is amended to read:
AB100,499,106
25.29
(1) (a) Except as provided in s. 25.295, all moneys accruing to the state
7for or in behalf of the department under chs. 26, 27, 28, 29 and 350, subchs. I and VI
8of ch. 77 and ss. 23.09
to 23.31, 23.325 to 23.42, 23.50 to 23.99, 30.50 to 30.55, 70.58
9and 71.10 (5), including grants received from the federal government or any of its
10agencies except as otherwise provided by law.
AB100, s. 845
11Section
845. 25.29 (1) (b) of the statutes is amended to read:
AB100,499,1412
25.29
(1) (b) One percent of all sales and use taxes under s. 77.61 (1) on
13all-terrain vehicles, boats and snowmobiles collected
by the department under ss.
1423.33, 30.52 (4)
and, 350.12
(7) and 350.122.
AB100, s. 846
15Section
846. 25.29 (1) (d) 1. of the statutes is amended to read:
AB100,499,1916
25.29
(1) (d) 1. An amount calculated by multiplying the number of
17snowmobiles registered under s. 350.12
or 350.122 on the last day of February of the
18previous fiscal year by 50 gallons and multiplying that product by the excise tax
19imposed under s. 78.01 (1) on the last day of February of the previous fiscal year.
AB100, s. 847
20Section
847. 25.29 (1) (dm) of the statutes is amended to read:
AB100,500,321
25.29
(1) (dm) For fiscal year 1991-92 and for each fiscal year thereafter, an
22amount equal to the estimated all-terrain vehicle gas tax payment. The estimated
23all-terrain vehicle gas tax payment is calculated by multiplying the sum of the
24number of all-terrain vehicles registered for public use under s. 23.33 (2) (c)
or (2g) 25and the number of reflectorized plates issued under s. 23.33 (2) (dm) on the last day
1of February of the previous fiscal year by 25 gallons and multiplying that product by
2the excise tax imposed under s. 78.01 (1) on the last day of February of the previous
3fiscal year.
AB100, s. 848
4Section
848. 25.36 (1) of the statutes is amended to read:
AB100,500,245
25.36
(1) Except as provided in sub. (2), all moneys appropriated or transferred
6by law shall constitute the veterans trust fund which shall be used
exclusively for the
7purchase of mortgages issued with the proceeds of the 1981 veterans home loan
8revenue bond issuance in an amount sufficient to retire that bond issue or for the
9veterans programs under ss. 20.485 (2) (m), (mn), (tm), (u), (v), (vo), (w), (z) and (zm),
1045.01, 45.25, 45.351 (1)
and (2), 45.353, 45.356, 45.357, 45.396, 45.397 and 45.43 (7)
11and administered by the department of veterans affairs, including all moneys
12received from the federal government for the benefit of veterans or their dependents;
13all moneys paid as interest on and repayment of loans under the post-war
14rehabilitation fund; soldiers rehabilitation fund, veterans housing funds as they
15existed prior to July 1, 1961; all moneys paid as interest on and repayment of loans
16under this fund; all moneys paid as expenses for, interest on and repayment of
17veterans trust fund stabilization loans
under s. 45.356, 1995 stats.; all moneys paid
18as expenses for, interest on and repayment of veterans personal loans; the net
19proceeds from the sale of mortgaged properties related to veterans personal loans; 20all mortgages issued with the proceeds of the 1981 veterans home loan revenue bond
21issuance purchased with moneys in the veterans trust fund;
all moneys received from
22the state investment board under s. 45.356 (9) (b); all moneys received from the
23veterans mortgage loan repayment fund under s. 45.79 (7) (a) and (c); and all gifts
24of money received by the board of veterans affairs for the purposes of this fund.
AB100, s. 849
25Section
849. 25.40 (1) (a) 5m. of the statutes is created to read:
AB100,501,2
125.40
(1) (a) 5m. Fees collected under s. 342.14 (1r) that are deposited in the
2environmental fund for environmental management.
AB100, s. 850
3Section
850. 25.40 (1) (a) 13. of the statutes is created to read:
AB100,501,54
25.40
(1) (a) 13. Moneys received under s. 110.065 that are deposited in the
5general fund and credited to the appropriation account under s. 20.395 (5) (dh).
AB100, s. 851
6Section
851. 25.40 (1) (a) 14. of the statutes is created to read:
AB100,501,87
25.40
(1) (a) 14. Fees received under ss. 85.51 and 348.26 (2) that are deposited
8in the general fund and credited to the appropriation account under s. 20.395 (5) (dg).
AB100, s. 852
9Section
852. 25.40 (1) (a) 15. of the statutes is created to read:
AB100,501,1110
25.40
(1) (a) 15. Moneys received under s. 85.52 that are deposited in the
11transportation infrastructure loan fund.
AB100, s. 853
12Section
853. 25.40 (2) (b) 9m. of the statutes is renumbered 25.40 (2) (b) 11m.
13and amended to read:
AB100,501,1414
25.40
(2) (b) 11m. Section 20.370
(1) (mr) (7) (fq).
AB100, s. 854
15Section
854. 25.40 (2) (b) 15. of the statutes is amended to read:
AB100,501,1616
25.40
(2) (b) 15. Section 20.435
(1)
(5) (rm).
AB100, s. 855
17Section
855. 25.405 of the statutes is created to read:
AB100,501,19
1825.405 Transportation infrastructure loan fund. (1) Definition. In this
19section, "fund" means the transportation infrastructure loan fund.
AB100,501,21
20(2) Creation. There is established a separate nonlapsible trust fund
21designated as the transportation infrastructure loan fund, to consist of:
AB100,501,2322(a) 1. All moneys received from the federal government under P.L.
104-59,
23section 350, designated for transit projects.
AB100,501,25242. All moneys received from the federal government under P.L.
104-59, section
25350, designated for highway projects.
AB100,502,2
1(b) All moneys appropriated under s. 20.395 (2) (pq) or transferred to the fund
2to meet the requirements for state deposits under P.L.
104-59, section 350.
AB100,502,43
(c) All repayments of principal and payments of interest on loans made under
4s. 85.52 (3).
AB100,502,65
(d) All moneys received by the fund from the proceeds of the issuance of revenue
6obligations under ch. 18 for the purpose of s. 85.52.
AB100,502,77
(e) All gifts, grants and bequests to the fund.
AB100,502,13
8(3) Separate accounts. (a) There is established in the fund a transit account
9consisting of all moneys received under sub. (2) (a) 1., moneys received under sub.
10(2) (b) designated by the department of transportation for transit projects and
11moneys received under sub. (2) (e) designated by the department of transportation
12for transit projects, revenue obligation proceeds under sub. (2) (d) designated for
13transit projects and all transit account loan repayments under sub. (2) (c).
AB100,502,1914
(b) There is established in the fund a highway account consisting of all moneys
15received under sub. (2) (a) 2., moneys received under sub. (2) (b) designated by the
16department of transportation for highway projects and moneys received under sub.
17(2) (e) designated for highway projects, revenue obligation proceeds under sub. (2)
18(d) designated for highway projects and all highway account loan repayments under
19sub. (2) (c).
AB100,502,2320
(c) The department of administration may establish additional accounts in the
21fund and, except for the accounts under pars. (a) and (b), may change accounts in the
22fund. The department of administration shall consult the department of
23transportation before establishing or changing an account under this paragraph.
AB100, s. 856
24Section
856. 25.43 (title) and (1) (intro.) of the statutes are amended to read:
AB100,503,3
125.43 (title)
Clean water Environmental improvement fund. (1) (intro.)
2There is established a separate nonlapsible trust fund designated as the
clean water 3environmental improvement fund, to consist of
all of the following:
AB100, s. 857
4Section
857. 25.43 (1) (am) of the statutes is created to read:
AB100,503,65
25.43
(1) (am) All capitalization grants provided by the federal government
6under
42 USC 300j-12.
AB100, s. 858
7Section
858. 25.43 (1) (b) of the statutes is amended to read:
AB100,503,108
25.43
(1) (b) All state funds appropriated or transferred to the
clean water 9environmental improvement fund to meet the requirements for state deposits under
1033 USC 1382.
AB100, s. 859
11Section
859. 25.43 (1) (bm) of the statutes is created to read:
AB100,503,1412
25.43
(1) (bm) All state funds appropriated or transferred to the environmental
13improvement fund to meet the requirements for state deposits under
42 USC
14300j-12.
AB100, s. 860
15Section
860. 25.43 (1) (c) of the statutes is amended to read:
AB100,503,1716
25.43
(1) (c) All other appropriations and transfers of state funds to the
clean
17water environmental improvement fund.
AB100, s. 861
18Section
861. 25.43 (1) (d) of the statutes is amended to read:
AB100,503,2019
25.43
(1) (d) All gifts, grants and bequests to the
clean water environmental
20improvement fund.
AB100, s. 862
21Section
862. 25.43 (1) (e) of the statutes is amended to read:
AB100,503,2422
25.43
(1) (e) All repayments of principal and
payment payments of interest on
23loans made from the
clean water environmental improvement fund and on
24obligations acquired by the department of administration under s. 281.59 (12).
AB100, s. 863
25Section
863. 25.43 (1) (f) of the statutes is amended to read:
AB100,504,3
125.43
(1) (f) All moneys received by the
clean water environmental
2improvement fund from the proceeds of the sale of general or revenue obligations
3under ch. 18 for the purpose of s. 20.866 (2) (tc)
or (td) or 281.59 (4).
AB100, s. 864
4Section
864. 25.43 (1) (h) of the statutes is amended to read:
AB100,504,55
25.43
(1) (h) The fees imposed under
s. ss. 281.58 (9) (d)
and 281.60 (11m).
AB100, s. 865
6Section
865. 25.43 (2) (a) of the statutes is amended to read:
AB100,504,127
25.43
(2) (a) There is established in the
clean water environmental
8improvement fund a
clean water fund program federal revolving loan fund account
9consisting of the capitalization grants under sub. (1) (a) and (b)
and, except as
10provided under sub. (2m) (b), all repayments under sub. (1) (e) and (g) of
11capitalization grants under sub. (1) (a) and (b)
and all moneys transferred to the
12account under sub. (2m) (a).
AB100, s. 866
13Section
866. 25.43 (2) (am) of the statutes is created to read:
AB100,504,1814
25.43
(2) (am) There is established in the environmental improvement fund a
15safe drinking water loan program federal revolving loan fund account consisting of
16the capitalization grants under sub. (1) (am) and (bm), except as provided under sub.
17(2m) (a), all repayments under sub. (1) (e) of capitalization grants under sub. (1) (am)
18and (bm) and all moneys transferred to the account under sub. (2m) (b).
AB100, s. 867
19Section
867. 25.43 (2) (b) of the statutes is amended to read:
AB100,504,2220
25.43
(2) (b) There is established in the
clean water environmental
21improvement fund a state revolving loan fund account consisting of all moneys in the
22fund not included in accounts under par. (a)
, (am) or (c).
AB100, s. 868
23Section
868. 25.43 (2) (c) of the statutes is amended to read:
AB100,505,424
25.43
(2) (c) The department of administration may establish and change
25accounts in the
clean water environmental improvement fund other than those
1under pars. (a)
, (am) and (b). The department of administration shall consult the
2department of natural resources before establishing or changing an account that is
3needed to administer the
program programs under
s. ss. 281.58
and
, 281.59
and
4281.61.
AB100, s. 869
5Section
869. 25.43 (2m) of the statutes is created to read:
AB100,505,86
25.43
(2m) (a) In any year, the governor may transfer an amount that does not
7exceed 33% of a capitalization grant under sub. (1) (am) provided in that year from
8the account under sub. (2) (am) to the account under sub. (2) (a).
AB100,505,119
(b) In any year, the governor may transfer an amount that does not exceed 33%
10of a capitalization grant under sub. (1) (am) provided in that year from the account
11under sub. (2) (a) to the account under sub. (2) (am).
AB100, s. 870
12Section
870. 25.43 (3) of the statutes is amended to read:
AB100,505,1713
25.43
(3) Except for the purpose of investment as provided in s. 25.17 (2) (d),
14the
clean water environmental improvement fund may be used only for the purposes
15authorized under ss. 20.320 (1) (r), (s)
and, (sm), (t)
and (x) and (2) (s) and (x), 20.370
16(2) (4) (mt)
and, (mx)
, (6) (mu) and (mx) and
(nz), (8) (mr)
and (9) (mt), (mx) and (ny),
1720.505 (1) (v)
and, (x)
and (y), 281.58
and, 281.59
, 281.60, 281.61 and 281.62.
AB100, s. 871
18Section
871. 25.45 of the statutes is amended to read:
AB100,505,25
1925.45 Waste management fund. There is established a separate nonlapsible
20trust fund designated as the waste management fund, to consist of the tonnage fees
21imposed under s. 144.441 (3), 1989 stats., except for tonnage fees paid by a
22nonapproved facility, as defined in s. 289.01 (24); waste management base fees
23imposed under s. 144.441 (5), 1989 stats.; and all moneys received or recovered under
24s. 289.41 (11) (a) 1., 3.
or, 4.
and 5. and (am) 1., 3.
and, 4.
and 5. Moneys in the waste
25management fund shall be used for the purposes specified under s. 289.68 (3) to (6).
AB100, s. 872
1Section
872. 25.46 (1e) of the statutes is amended to read:
AB100,506,32
25.46
(1e) The moneys transferred under s. 20.370 (2) (mu) for environmental
3repair management.
AB100, s. 873
4Section
873. 25.46 (1g) of the statutes is amended to read:
AB100,506,65
25.46
(1g) The moneys transferred under s. 20.370
(2) (4) (mw) for
groundwater 6environmental management.
AB100, s. 874
7Section
874. 25.46 (2) of the statutes is amended to read:
AB100,506,98
25.46
(2) The fees imposed under s. 94.64 (4)
(an) (a) 4. for
groundwater 9environmental management.
AB100, s. 875
10Section
875. 25.46 (3) of the statutes is amended to read:
AB100,506,1211
25.46
(3) The fees imposed under s. 94.65 (6) (a) 4. for
groundwater 12environmental management.