LRB-2622/1
MES:mfd:jf
1997 - 1998 LEGISLATURE
March 20, 1997 - Introduced by Representatives Kedzie, Ladwig, Linton, Lorge,
Owens, Brandemuehl, Musser, Goetsch and Powers, cosponsored by
Senators Weeden and Rosenzweig. Referred to Committee on Working
Families.
AB198,1,2
1An Act to amend 66.067 of the statutes;
relating to: financing certain child care
2centers.
Analysis by the Legislative Reference Bureau
Under current law, until April 30, 2000, a city, village or town may issue
industrial revenue bonds to finance an eligible child care center. An eligible child
care center is one that is used exclusively to provide child care services and that is
not operated for profit. These bonds may not be used to refinance existing debt.
This bill authorizes a city, village, town or certain other local units of
government to issue certain revenue obligations to finance an eligible child care
center. The revenue obligations that may be issued under this bill may be used to
refinance existing debt.
For further information see the state and local fiscal estimate, which will be
printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB198, s. 1
3Section
1. 66.067 of the statutes is amended to read:
AB198,2,7
466.067 Public works projects. For financing purposes, garbage
5incinerators, toll bridges, swimming pools, tennis courts, parks, playgrounds, golf
1links, bathing beaches, bathhouses, street lighting, city halls, village halls, town
2halls, courthouses, jails, schools, cooperative educational service agencies, hospitals,
3homes for the aged or indigent,
child care centers, as defined in s. 231.01 (3c), 4regional projects, waste collection and disposal operations, systems of sewerage,
5local professional baseball park facilities and any and all other necessary public
6works projects undertaken by any municipality are public utilities within the
7meaning of s. 66.066.
