AB100-engrossed,1709,97
5. The interest rate for a planning and design project specified in sub. (7) (b)
83. shall be determined under subd. 1., 2., 3. or 4. based on the type of project for which
9the planning and design are undertaken.
AB100-engrossed, s. 3526
11Section
3526. 281.58 (12) (c) 3. of the statutes is renumbered 281.58 (12) (c)
12and amended to read:
AB100-engrossed,1709,1513
281.58
(12) (c) The department
, in establishing percentage of market interest
14rates, and the department of administration shall attempt to ensure
that those rates
15do not result in any all of the following:
AB100-engrossed,1709,1916
1.
Beginning in fiscal year 1991, That increases in all state water pollution
17abatement general obligation debt service costs
greater than do not exceed 4%
18annually
in the fiscal year in which the rates are established and in the following
19fiscal year.
AB100-engrossed,1709,2220
2.
State That state water pollution abatement general obligation debt service
21costs
are not greater than 50% of all general obligation debt service costs in
the any 22fiscal year
in which the rates are established and in any of the following 3 fiscal years.
AB100-engrossed,1710,224
281.58
(12) (f) The department and the department of administration jointly
25may request the joint committee on finance to take action under s. 13.101 (11) to
1modify the percentage of market interest rates established
by rule for tier 1 and tier
22 projects in par. (a) 1. to 3.
AB100-engrossed,1710,84
281.58
(13) (b) (intro.) A municipality with an application that is approved
5under sub. (9m) is eligible for financial hardship assistance for the project costs that
6are eligible under
this section and s. 281.59 the clean water fund program, except for
7costs to which sub. (8) (b), (c), (f) or (h) applies, if the municipality meets all of the
8following criteria:
AB100-engrossed,1710,1310
281.58
(13) (g) 1. Except as provided in subd. 2., the department shall
11determine median household income by adjusting median household income as
12determined by the U.S. bureau of the census to reflect changes in household income
13since the most recent federal census.
AB100-engrossed,1710,2014
2. If a town sanitary district that has a population, as indicated on the
15application for assistance under this section, of 2,500 or less and that has boundaries
16that are not contiguous with a town submits data concerning household income
17obtained from a 3rd party, the department may not use information from the federal
18census to determine median household income. For such a town sanitary district,
19the department shall determine median household income based on the data
20obtained from the 3rd party.
AB100-engrossed,1711,222
281.58
(13m) Minority business development and training program. (a) The
23department shall make grants to projects that are eligible for financial assistance
24under
this section and s. 281.59 the clean water fund program and that are identified
1as being part of the minority business development and training program under s.
266.905 (2) (b).
AB100-engrossed,1711,73
(b) Grants provided under this subsection are not included for the purposes of
4determining under sub. (8) (i) the amount that a municipality may receive for
5projects under
this section and s. 281.59 the clean water fund program. Grants
6awarded under this subsection are not considered for the purposes of sub. (9m) (e)
7or s. 281.59
(3) (d) (3e) (b).
AB100-engrossed,1711,119
281.58
(14) (b) (intro.) As a condition of receiving financial assistance under
10this section and s. 281.59 the clean water fund program, a municipality shall do all
11of the following:
AB100-engrossed,1711,14
13281.59 (title)
Clean water
Environmental improvement fund program;
14financial management.
AB100-engrossed,1711,1817
281.59
(1) (ag) "Clean water fund program" means the program administered
18under s. 281.58, with financial management provided under this section.
AB100-engrossed,1711,2220
281.59
(1) (as) "Land recycling loan program" means the program
21administered under s. 281.60, with financial management provided under this
22section.
AB100-engrossed,1712,224
281.59
(1) (b) "Market interest rate" means the interest at the effective rate of
25a revenue obligation issued by the state to fund a
project loan or a portion of a
project
1loan
under this section and s. 281.58 for a project under the clean water fund
2program.
AB100-engrossed,1712,64
281.59
(1) (cm) "Safe drinking water loan program" means the program
5administered under s. 281.61, with financial management provided under this
6section.
AB100-engrossed,1712,118
281.59
(1) (d) "Subsidy" means the amounts provided
by the clean water from
9the environmental improvement fund to
clean water fund program, safe drinking
10water loan program and land recycling loan program projects
receiving financial
11assistance under this section and s. 281.58 for the following purposes:
AB100-engrossed,1712,1412
1. To reduce the interest rate of clean water fund
program, safe drinking water
13loan program and land recycling loan program loans from market rate to a subsidized
14rate.
AB100-engrossed,1712,1615
2.
To For the clean water fund program only, to provide for financial hardship
16assistance, including grants.
AB100-engrossed,1712,1918
281.59
(1) (d) 3. For the safe drinking water loan program only, to provide
19grants under s. 281.61 (8e).
AB100-engrossed,1712,2321
281.59
(1m) Establishment of programs. (a) There is established a clean
22water fund program, administered under s. 281.58, with financial management
23provided under this section.
AB100-engrossed,1712,2524
(b) There is established a safe drinking water loan program, administered
25under s. 281.61, with financial management provided under this section.
AB100-engrossed,1713,32
281.59
(2) (a) Administer its responsibilities under this section and
s. ss. 3281.58
, 281.60 and 281.61.
AB100-engrossed,1713,75
281.59
(2) (b) Cooperate with the department in administering the clean water
6fund program
, the safe drinking water loan program and the land recycling loan
7program.
AB100-engrossed,1713,119
281.59
(2) (c) Accept and hold any letter of credit from the federal government
10through which the state receives federal capitalization grant payments and
11disbursements to the
clean water environmental improvement fund.
AB100-engrossed,1713,1413
281.59
(2m) (title)
Investment management;
clean water environmental
14improvement fund.
AB100-engrossed,1713,1916
281.59
(2m) (a) 1. Subject to par. (b), direct the investment board under s. 25.17
17(2) (d) to make any investment of the
clean water
environmental improvement fund,
18or in the collection of the principal and interest of all moneys loaned or invested from
19such that fund.
AB100-engrossed,1713,2221
281.59
(2m) (b) 1. The action provides a financial benefit to the
clean water 22environmental improvement fund.
AB100-engrossed,1713,2524
281.59
(2m) (b) 2. The action does not contradict or weaken the purposes of the
25clean water environmental improvement fund.
AB100-engrossed,1714,32
281.59
(3) (a) 1. An estimate of
the wastewater treatment
, safe drinking water
3and land recycling project needs of the state for the 4 fiscal years of the next 2 biennia.
AB100-engrossed,1714,75
281.59
(3) (a) 2. The total amount of financial assistance planned to be provided
6or committed
to municipalities for projects
under subd. 1. during
the 4 fiscal years
7of the next
2 biennia biennium.
AB100-engrossed,1714,119
281.59
(3) (a) 4. The extent to which the
funding for the clean water fund
10program and the safe drinking water loan program, in the environmental
11improvement fund, will be maintained in perpetuity.
AB100-engrossed,1714,1413
281.59
(3) (a) 4m. A chart showing detailed projected sources and uses of funds
14for projects under subd. 1. during the next biennium.
AB100-engrossed,1714,2416
281.59
(3) (a) 5.
Audited The most recent available audited financial
17statements of the past operations and activities of the
program under this section
18and s. 281.58 clean water fund program, the safe drinking water loan program and
19the land recycling loan program, the estimated
environmental improvement fund
20capital available in each of the next 4 fiscal years
for the clean water fund program
21and the safe drinking water loan program, and the projected
clean water 22environmental improvement fund balance
for the clean water fund program and the
23safe drinking water loan program for each of the next 20 years given existing
24obligations and financial conditions.
AB100-engrossed,1715,3
1281.59
(3) (a) 5m. The
estimated spending level and percentage of market
2interest rate for the
types of projects
specified under s. 281.58 (7) (b) 1. to 3. under
3subd. 1.
AB100-engrossed,1715,95
281.59
(3) (a) 6. An amount equal to the estimated present value of subsidies
6for all clean water fund
program loans and grants expected to be made for the
7wastewater treatment projects listed in the biennial needs list under s. 281.58 (3m),
8discounted at a rate of 7% per year to the first day of the biennium for which the
9biennial finance plan is prepared.
AB100-engrossed,1715,1411
281.59
(3) (a) 6e. An amount equal to the estimated present value of subsidies
12for all loans under the land recycling loan program to be made during the biennium
13for which the biennial finance plan is prepared, discounted at a rate of 7% per year
14to the first day of that biennium.
AB100-engrossed,1715,1916
281.59
(3) (a) 6m. An amount equal to the estimated present value of subsidies
17for all loans and grants under the safe drinking water loan program to be made
18during the biennium for which the biennial finance plan is prepared, discounted at
19a rate of 7% per year to the first day of that biennium.
AB100-engrossed,1715,2221
281.59
(3) (a) 7. A discussion of the assumptions made in calculating the
22amount amounts under
subd. subds. 6
., 6e. and 6m.
AB100-engrossed,1715,2524
281.59
(3) (a) 8. The amount
and description of any
service fee expected to be
25charged during the next biennium under this section
to an applicant.
AB100-engrossed,1716,62
281.59
(3) (b) The department of administration and the department shall
3consider as a guideline in preparing the
portion of the biennial finance plan
for the
4clean water fund program that all state water pollution abatement general
5obligation debt service costs should not exceed 50% of all general obligation debt
6service costs to the state.
AB100-engrossed, s. 3557
7Section
3557. 281.59 (3) (c), (d), (dm), (e), (f) and (i) of the statutes are
8renumbered 281.59 (3e) (a), (b), (c), (d), (e) and (f) and amended to read:
AB100-engrossed,1716,119
281.59
(3e) (a) No moneys
from the clean water fund may be expended
for the
10clean water fund program in a biennium until the legislature reviews and approves
11all of the following as part of the biennial budget act for the biennium:
AB100-engrossed,1716,1412
1. An amount
of present value of the subsidy for the clean water fund program 13that is specified for that biennium under par.
(d)
(b) and is based on the amount
14included in the biennial finance plan under
par.
sub. (3) (a) 6.
AB100-engrossed,1716,1715
2. The amount of public debt, authorized under s. 20.866 (2) (tc), that the state
16may contract for the purposes of
s. 281.58 and this section the clean water fund
17program.
AB100-engrossed,1716,1918
3. The amount of revenue obligations, authorized under sub. (4) (f), that may
19be issued for the purposes
specified in s. 25.43 (3)
of the clean water fund program.
AB100-engrossed,1716,2220
(b) The amount
of present value of the subsidy for the clean water fund program 21that is
required to be specified under par.
(c) (a) 1. and approved by the legislature
22under this paragraph is
as follows:
AB100-engrossed,1716,2323
1. Equal to
$83,400,000 $90,200,000 during the
1995-97 1997-99 biennium.
AB100-engrossed,1716,2424
3. Equal to $1,000 for any biennium after the
1995-97
1997-99 biennium.
AB100-engrossed,1717,8
1(c) The department of administration may allocate amounts approved under
2par.
(d) (b) as the present value of subsidies for financial assistance under
this section
3and s. 281.58 the clean water fund program, including financial hardship assistance
4and assistance for the additional costs of approved projects. The department of
5administration may allocate amounts from the amount approved under par.
(d) (b) 6for a biennium until December 30 of the fiscal year immediately following the
7biennium for projects for which complete applications under s. 281.58 (9) (a) are
8submitted before the end of the biennium.
AB100-engrossed,1717,139
(d) The department may expend, for financial assistance in a biennium other
10than financial hardship assistance under s. 281.58 (13) (e), an amount up to 85% of
11the amount approved by the legislature under par.
(d)
(b). The department may
12expend such amount only from the percentage of the amount approved under par.
(d) 13(b) that is not available under par.
(f) (e) for financial hardship assistance.
AB100-engrossed,1717,1814
(e) The department may expend, for financial hardship assistance in a
15biennium under s. 281.58 (13) (e), an amount up to 15% of the amount approved by
16the legislature under par.
(d) (b) for that biennium. The department may expend
17such amount only from the percentage of the amount approved by the legislature
18under par.
(d) (b) that is not available under par.
(e) (d) for financial assistance.
AB100-engrossed,1717,2319
(f) Using the amount approved under par.
(d) (b) as a base, the department of
20administration shall calculate the present value of the actual subsidy of each clean
21water fund
program loan or grant to be made for those projects in each biennium that
22are approved for financial assistance by the 2 departments. The present value shall
23be discounted as provided under
par. sub. (3) (a) 6.
