SB77,1421,3
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.
SB77, s. 3551 4Section 3551. 281.59 (3) (a) 6. of the statutes is amended to read:
SB77,1421,95 281.59 (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.
SB77, s. 3552 10Section 3552. 281.59 (3) (a) 6e. of the statutes is created to read:
SB77,1421,1411 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.
SB77, s. 3553 15Section 3553. 281.59 (3) (a) 6m. of the statutes is created to read:
SB77,1421,1916 281.59 (3) (a) 6m. An amount equal to the estimated present value of subsidies
17for all loans under the safe drinking water loan program to be made during the
18biennium for which the biennial finance plan is prepared, discounted at a rate of 7%
19per year to the first day of that biennium.
SB77, s. 3554 20Section 3554. 281.59 (3) (a) 7. of the statutes is amended to read:
SB77,1421,2221 281.59 (3) (a) 7. A discussion of the assumptions made in calculating the
22amount amounts under subd. subds. 6., 6e. and 6m.
SB77, s. 3555 23Section 3555. 281.59 (3) (a) 8. of the statutes is amended to read:
SB77,1421,2524 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.
SB77, s. 3556
1Section 3556. 281.59 (3) (b) of the statutes is amended to read:
SB77,1422,62 281.59 (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.
SB77, 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:
SB77,1422,119 281.59 (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:
SB77,1422,1412 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.
SB77,1422,1715 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
.
SB77,1422,1918 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.
SB77,1422,2220 (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:
SB77,1422,2323 1. Equal to $83,400,000 $82,400,000 during the 1995-97 1997-99 biennium.
SB77,1422,2424 3. Equal to $1,000 for any biennium after the 1995-97 1997-99 biennium.
SB77,1423,8
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.
SB77,1423,139 (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.
SB77,1423,1814 (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.
SB77,1423,2319 (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.
SB77, s. 3558 24Section 3558. 281.59 (3) (j) of the statutes is amended to read:
SB77,1424,7
1281.59 (3) (j) No later than November 1 of each odd-numbered year, the
2department of administration and the department jointly shall submit a report, to
3the building commission and committees as required under par. (bm), on the
4implementation of the amount established under par. (d) sub. (3e) (b) as required
5under s. 281.58 (9m) (e), and on the operations and activities of the clean water fund
6program, the safe drinking water loan program and the land recycling loan program
7for the previous biennium.
SB77, s. 3559 8Section 3559. 281.59 (3e) (title) of the statutes is created to read:
SB77,1424,99 281.59 (3e) (title) Clean water fund program expenditures.
SB77, s. 3560 10Section 3560. 281.59 (3m) of the statutes is created to read:
SB77,1424,1611 281.59 (3m) Land recycling loan program expenditures. (a) No moneys may
12be expended for the land recycling loan program in a biennium until the legislature
13reviews and approves, as part of the biennial budget act for the biennium, an amount
14of present value of the subsidy for the land recycling loan program that is specified
15for that biennium under par. (b) and is based on the amount included in the biennial
16finance plan under sub. (3) (a) 6e.
SB77,1424,1817 (b) The amount of present value of the subsidy for the land recycling loan
18program that is approved by the legislature under this paragraph is as follows:
SB77,1424,1919 1. Equal to $4,500,000 during the 1997-99 biennium.
SB77,1424,2020 2. Equal to $1,000 for any biennium after the 1997-99 biennium.
SB77,1424,2321 (c) The department of administration may allocate amounts approved under
22par. (b) as the present value of subsidies for financial assistance under the land
23recycling program.
SB77,1425,324 (d) Using the amount approved under par. (b) as a base, the department of
25administration shall calculate the present value of the actual subsidy of each land

1recycling loan made for those projects in each biennium that are approved for
2financial assistance. The present value shall be discounted as provided under sub.
3(3) (a) 6e.
SB77, s. 3561 4Section 3561. 281.59 (3s) of the statutes is created to read:
SB77,1425,85 281.59 (3s) Safe drinking water loan program expenditures. (a) No moneys
6may be expended for the safe drinking water loan program in a biennium until the
7legislature reviews and approves all of the following as part of the biennial budget
8act for the biennium:
SB77,1425,119 1. An amount of present value of the subsidy for the safe drinking water loan
10program that is specified for that biennium under par. (b) and is based on the amount
11included in the biennial finance plan under sub. (3) (a) 6m.
SB77,1425,1312 2. The amount of public debt, authorized under s. 20.866 (2) (td), that the state
13may contract for the purposes of the safe drinking water loan program.
SB77,1425,1514 (b) The amount of present value of the subsidy for the safe drinking water loan
15program that is approved by the legislature under this paragraph is as follows:
SB77,1425,1616 1. Equal to $18,000,000 during the 1997-99 biennium.
SB77,1425,1717 2. Equal to $1,000 for any biennium after the 1997-99 biennium.
SB77,1425,2018 (c) The department of administration may allocate amounts approved under
19par. (b) as the present value of subsidies for financial assistance under the safe
20drinking water program.
SB77,1425,2521 (d) Using the amount approved under par. (b) as a base, the department of
22administration shall calculate the present value of the actual subsidy of each safe
23drinking water loan made for those projects in each biennium that are approved for
24financial assistance. The present value shall be discounted as provided under sub.
25(3) (a) 6m.
SB77, s. 3562
1Section 3562. 281.59 (4) (am) of the statutes is amended to read:
SB77,1426,62 281.59 (4) (am) Deposits, appropriations or transfers to the clean water
3environmental improvement fund for the purposes specified in s. 25.43 (3) of the
4clean water fund program
may be funded with the proceeds of revenue obligations
5issued subject to and in accordance with subch. II of ch. 18 or in accordance with
6subch. IV of ch. 18 if designated a higher education bond.
SB77, s. 3563 7Section 3563. 281.59 (4) (c) of the statutes is amended to read:
SB77,1426,178 281.59 (4) (c) The building commission may pledge any portion of revenues
9received or to be received in the fund established in par. (b) or the clean water
10environmental improvement fund to secure revenue obligations issued under this
11subsection. The pledge shall provide for the transfer to the clean water
12environmental improvement fund of all pledged revenues, including any interest
13earned on the revenues, which are in excess of the amounts required to be paid under
14s. 20.320 (1) (c) and (u) for the purposes specified in s. 25.43 (3) of the clean water fund
15program
. The pledge shall provide that the transfers be made at least twice yearly,
16that the transferred amounts be deposited in the clean water environmental
17improvement
fund and that the transferred amounts are free of any prior pledge.
SB77, s. 3564 18Section 3564. 281.59 (9) (a), (am) and (b) (intro.) and 1. of the statutes are
19amended to read:
SB77,1427,220 281.59 (9) (a) A loan approved under this section and s. 281.58 the clean water
21fund program, the safe drinking water loan program or the land recycling loan
22program
shall be for no longer than 20 years, as determined by the department of
23administration, be fully amortized not later than 20 years after the original date of
24the note, and require the repayment of principal and interest, if any, to begin not later

1than 12 months after the expected date of completion of the project that it funds, as
2determined by the department of administration.
SB77,1427,133 (am) The department of administration, in consultation with the department,
4may establish those terms and conditions of a financial assistance agreement that
5relate to its financial management, including what type of municipal obligation, as
6set forth under s. 66.36, is required for the repayment of the financial assistance.
7Any terms and conditions established under this paragraph by the department of
8administration shall comply with the requirements of this section and s. 281.58,
9281.60 or 281.61
. In setting such the terms and conditions, the department of
10administration may consider factors that the department of administration finds are
11relevant, including the type of municipal obligation evidencing the loan, the pledge
12of security for the municipal obligation and the municipality's applicant's
13creditworthiness.
SB77,1427,1714 (b) (intro.) As a condition of receiving financial assistance under this section
15and s. 281.58, a municipality
the clean water fund program, the safe drinking water
16loan program or the land recycling loan program, an applicant
shall do all of the
17following:
SB77,1427,1918 1. Pledge the security, if any, required by the rules promulgated by the
19department of administration under this section and s. 281.58, 281.60 or 281.61.
SB77, s. 3565 20Section 3565. 281.59 (11) of the statutes is amended to read:
SB77,1428,221 281.59 (11) Financial assistance payments. (a) The department of natural
22resources and the department of administration may enter into a financial
23assistance agreement with a municipality an applicant for which the department of
24administration has allocated subsidy under s. 281.58 (9m), 281.60 (8) or 281.61 (8)

1if the municipality applicant meets the conditions under sub. (9) and s. 281.58 (14)
2and the other requirements under this section and s. 281.58, 281.60 or 281.61.
SB77,1428,63 (am) The department of administration shall make the financial assistance
4payments to a municipality which an applicant that has entered into a financial
5assistance agreement under par. (a) or to the municipality's applicant's designated
6agent.
SB77,1428,157 (b) If a municipality fails to make a principal repayment or interest payment
8after its due date, the department of administration shall place on file a certified
9statement of all amounts due under this section and s. 281.58, 281.60 or 281.61.
10After consulting the department, the department of administration may collect all
11amounts due by deducting those amounts from any state payments due the
12municipality or may add a special charge to the amount of taxes apportioned to and
13levied upon the county under s. 70.60. If the department of administration collects
14amounts due, it shall remit those amounts to the fund to which they are due and
15notify the department of that action.
SB77,1428,2016 (c) The department of administration may retain the last payment under a
17financial assistance agreement until the department of natural resources and the
18department of administration determine that the project is completed and meets the
19applicable requirements of this section and s. 281.58, 281.60 or 281.61 and that the
20conditions of the financial assistance agreement are met.
SB77, s. 3566 21Section 3566. 281.59 (13m) of the statutes is amended to read:
SB77,1429,1222 281.59 (13m) Legislative moral obligation. The building commission may, at
23the time the loan is made, by resolution designate a loan made under this section and
24s. 281.58
the clean water fund program as one to which this subsection applies. If
25at any time the payments received or expected to be received from a municipality on

1any loan so designated are pledged to secure revenue obligations of the state issued
2pursuant to subch. II of ch. 18 and are insufficient to pay when due principal of and
3interest on such loan, the department of administration shall certify the amount of
4such insufficiency to the secretary of administration, the governor and the joint
5committee on finance. If the certification is received by the secretary of
6administration in an even-numbered year before the completion of the budget under
7s. 16.43, the secretary of administration shall include the certified amount in the
8budget compilation. In any event, the joint committee on finance shall introduce in
9either house, in bill form, an appropriation of the amount so requested for the
10purpose of payment of the revenue obligation secured thereby. Recognizing its moral
11obligation to do so, the legislature hereby expresses its expectation and aspiration
12that, if ever called upon to do so, it shall make the appropriation.
SB77, s. 3567 13Section 3567. 281.59 (13s) of the statutes is amended to read:
SB77,1429,1714 281.59 (13s) Powers. The department of administration may audit, or contract
15for audits of, projects receiving financial assistance under this section and s. 281.58
16the clean water fund program, the safe drinking water loan program and the land
17recycling loan program
.
SB77, s. 3568 18Section 3568. 281.59 (14) of the statutes is amended to read:
SB77,1429,2119 281.59 (14) Rules. The department of administration shall promulgate rules
20that are necessary for the proper execution of this section and of its responsibilities
21under s. ss. 281.58, 281.60 and 281.61.
SB77, s. 3569 22Section 3569. 281.60 of the statutes is created to read:
SB77,1429,23 23281.60 Land recycling loan program. (1) Definitions. In this section:
SB77,1429,2424 (a) "Landfill" has the meaning given in s. 289.01 (20).
SB77,1430,2
1(b) "Land recycling loan program" means the program administered under this
2section with financial management provided under s. 281.59.
SB77,1430,53 (c) "Market interest rate" means the interest at the effective rate of a revenue
4obligation issued by this state to fund a loan or portion of a loan for a clean water fund
5program project under s. 281.58.
SB77,1430,66 (d) "Political subdivision" means a city, village, town or county.
SB77,1430,77 (e) "Site or facility" has the meaning given in s. 292.35 (1) (f).
SB77,1430,18 8(2) General. The department and the department of administration may
9administer a program to provide financial assistance to political subdivisions for
10projects to remedy environmental contamination of sites or facilities at which
11environmental contamination has affected groundwater or surface water or
12threatens to affect groundwater or surface water. The department and the
13department of administration may provide financial assistance under this section to
14a political subdivision only if the political subdivision owns the contaminated site or
15facility. The department and the department of administration may not provide
16financial assistance under this section to remedy environmental contamination at
17a site or facility that is not a landfill if the political subdivision caused the
18environmental contamination.
SB77,1430,20 19(2r) Methods of providing financial assistance. The following methods of
20providing financial assistance may be used under the land recycling loan program:
SB77,1430,2221 (a) Making loans below the market interest rate for projects described in sub.
22(2).
SB77,1430,2523 (b) Purchasing or refinancing the obligation of a political subdivision if the
24obligation was incurred to finance the cost of a project described in sub. (2) and the
25obligation was initially incurred after May 17, 1988.
SB77,1431,3
1(c) Guaranteeing, or purchasing insurance for, obligations incurred to finance
2the cost of projects described in sub. (2) if the guarantee or insurance will provide
3credit market access or reduce interest rates.
SB77,1431,74 (d) Providing payments to the board of commissioners of public lands to reduce
5principal or interest payments, or both, on loans made to political subdivisions under
6subch. II of ch. 24 by the board of commissioners of public lands for projects that are
7eligible for financial assistance under the land recycling loan program.
SB77,1431,12 8(3) Notice of intent to apply. (a) A political subdivision shall submit notice
9of its intent to apply for financial assistance under the land recycling loan program.
10A political subdivision shall submit the notice at least 6 months before the beginning
11of the fiscal biennium in which it will request to receive funding. The notice shall
12be in a form prescribed by the department and the department of administration.
SB77,1431,1413 (b) The department may waive par. (a) upon the written request of a political
14subdivision.
SB77,1431,22 15(5) Application. After submitting a notice of intent to apply under sub. (3) (a)
16or obtaining a waiver under sub. (3) (b), a political subdivision shall submit an
17application for land recycling loan program financial assistance to the department.
18The applicant shall submit the application before the April 30 preceding the
19beginning of the fiscal year in which the applicant is requesting to receive the
20financial assistance. The application shall be in the form and include the
21information required by the department and the department of administration. An
22applicant may not submit more than one application per project per year.
SB77,1432,6 23(6) Priority list. The department shall establish a priority list that ranks each
24land recycling loan program project. The department shall promulgate rules for
25determining project rankings based on the potential of projects to reduce

1environmental pollution and threats to human health and, for sites and facilities
2that are not landfills, the extent to which projects will prevent the development of
3undeveloped land by making land available for redevelopment after a cleanup is
4conducted. Before the department establishes the priority list, the department shall
5consider the recommendations of the department of administration and the
6department of commerce.
SB77,1432,8 7(7) Approval of application. The department shall approve an application
8received under sub. (5) after all of the following occur:
SB77,1432,99 (a) The project is ranked on the priority list under sub. (6).
SB77,1432,1110 (b) The department determines that the project meets the eligibility
11requirements under this section.
SB77,1432,1312 (c) The department of administration determines that the political subdivision
13will meet the requirements of s. 281.59 (9) (b).
SB77,1432,1514 (d) The legislature has approved an amount under s. 281.59 (3m) (b) for the
15biennium.
SB77,1432,23 16(8) Funding list; allocation of funding. (a) The department shall establish
17a funding list for each fiscal year that ranks projects of political subdivisions that
18submit approvable applications under sub. (5) before the April 30 preceding the
19beginning of the fiscal year in the same order that they appear on the priority list
20under sub. (6). If sufficient funds are not available to fund all approved applications
21for financial assistance, the department of administration shall allocate funding to
22projects that are approved under sub. (7) in the order that they appear on the funding
23list, except as follows:
SB77,1432,2524 1. The department of administration may not allocate more than 40% of the
25available funds in each fiscal year to projects to remedy contamination at landfills.
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