SB427,3,108 40.02 (48p) "Qualified transportation benefit reimbursement plan provider"
9means a person who provides administrative services related to qualified
10transportation benefit reimbursement plans.
SB427, s. 7 11Section 7. 40.04 (2) (c) of the statutes is amended to read:
SB427,3,2512 40.04 (2) (c) The secretary shall estimate the administrative costs to be
13incurred by the department in each fiscal year and shall also estimate the
14investment income which will be credited to this account in the fiscal year. The
15estimated administrative costs less the estimated investment income shall be
16equitably allocated by the secretary, with due consideration being given to the
17derivation and amount of the investment income, to the several benefit plans
18administered by the department. In determining the amount of the allocation,
19adjustments shall be made for any difference in prior years between the actual
20administrative costs and investment income from that originally estimated under
21this paragraph. An amount equal to the adjusted allocated costs shall be transferred
22to this account from the investment earnings credited to the respective benefit plan
23accounts and from payments by the respective insurers or , employe-funded
24reimbursement plan providers or qualified transportation benefit reimbursement
25plan providers
for administrative services.
SB427, s. 8
1Section 8. 40.04 (9p) of the statutes is created to read:
SB427,4,22 40.04 (9p) The department shall do all of the following:
SB427,4,43 (a) Maintain a separate account in the fund for the qualified transportation
4benefit reimbursement plan authorized under subch. X.
SB427,4,75 (b) Credit to the account established under par. (a) money received from
6employes in connection with the qualified transportation benefit reimbursement
7plan and income from investment of the reserves in the account.
SB427,4,118 (c) Charge to the account established under par. (a) payments made to
9reimburse qualified transportation benefit reimbursement plan providers for
10payments made to employes under the qualified transportation benefit
11reimbursement plan under subch. X.
SB427, s. 9 12Section 9. 40.05 (9) of the statutes is created to read:
SB427,4,1713 40.05 (9) Qualified transportation benefit reimbursement plan fee. For the
14administration and implementation of a qualified transportation reimbursement
15plan authorized under subch. X, each state agency with employes eligible to
16participate in a qualified transportation reimbursement plan shall contribute the fee
17charged under s. 40.955 (4) (a) 1.
SB427, s. 10 18Section 10. Subchapter X of chapter 40 [precedes s. 40.955] of the statutes is
19created to read:
SB427,4,2020 CHAPTER 40
SB427,4,2321 SUBCHAPTER X
22 qualified transportation benefit
23 reimbursement plan
SB427,5,2 2440.955 Qualified transportation benefit reimbursement plan. (1)
25Selection of qualified transportation benefit reimbursement plan provider. (a)

1The board shall select and contract with qualified transportation benefit
2reimbursement plan providers to be used by state agencies.
SB427,5,33 (b) The board shall do all of the following:
SB427,5,54 1. Determine the requirements for and the qualifications of qualified
5transportation benefit reimbursement plan providers.
SB427,5,86 2. Approve the terms and conditions of the proposed contracts for
7administrative and related services relating to a qualified transportation benefit
8reimbursement plan.
SB427,5,109 3. Determine the procedure for the selection of the qualified transportation
10benefit reimbursement plan providers in accordance with s. 16.705.
SB427,5,1311 4. Approve the terms and conditions of model agreements which shall be used
12by each state employe to establish a qualified transportation benefit reimbursement
13plan account.
SB427,5,1614 5. Require as a condition of the contractual agreements entered into under par.
15(a) that approved qualified transportation benefit reimbursement plan providers
16may provide service to state agencies only as approved by the board.
SB427,5,2117 6. Require as a condition of the contracts entered into under par. (a) that the
18qualified transportation benefit reimbursement plan providers reimburse the
19department, to be credited to the administrative account of the public employe trust
20fund under s. 40.04 (2) (c), for administrative costs incurred by the department in
21connection with qualified transportation benefit reimbursement plans.
SB427,5,2422 7. Deposit into the account established under s. 40.04 (9p) (a) that part of an
23employe's gross compensation that the employe wants placed in a qualified
24transportation benefit reimbursement plan account.
SB427,6,4
1(2) Covered expenses. A qualified transportation benefit reimbursement plan
2may provide reimbursement to an employe only for expenses that are actually
3incurred by an employe and that the board determines are consistent with the
4applicable requirements of section 132 (f) of the Internal Revenue Code.
SB427,6,10 5(3) Treatment of compensation. Any part of gross compensation that an
6employer places in a reimbursement account under a qualified transportation
7benefit reimbursement plan established under this section that would have been
8treated as current earnings or wages if paid immediately to the employe shall be
9treated as current earnings or wages for purposes of any retirement or group
10insurance benefit plan provided by the department.
SB427,6,12 11(4) Administrative and contract costs. (a) The department shall do all of the
12following:
SB427,6,1513 1. Collect from each state agency with employes eligible to participate in a
14qualified transportation benefit reimbursement plan a fee in an amount determined
15by the department to equal that state agency's share of all of the following:
SB427,6,1716 a. Costs under contracts with qualified transportation benefit reimbursement
17plan providers.
SB427,6,1818 b. The department's administrative costs under this section.
SB427,6,2019 2. Establish a formula, subject to approval by the board, to determine the fees
20charged to state agencies under subd. 1.
SB427,6,2121 3. Establish procedures for collecting the fees charged under subd. 1.
SB427,6,2422 4. Deposit fees collected under subd. 1., and interest earned on the fees in the
23fund, in the account established under s. 40.04 (9p) (a) to pay costs described in subd.
241.
SB427,7,2
15. Charge costs described in subd. 1. to the account established under s. 40.04
2(9p) (a).
SB427,7,43 (b) The department may base the fees charged under par. (a) 1. on estimates
4of anticipated administrative and contract costs.
SB427,7,55 (End)
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