AB950: Bill Text

LRB-3907/3

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2003 - 2004 LEGISLATURE

2003 Assembly BILL 950

March 11, 2004 - Introduced by Representatives Huber, Gottlieb, Ziegelbauer, Musser, Plouff, Albers, J. Lehman, Stone, Berceau, Cullen, Wasserman and Miller, cosponsored by Senators Roessler, Risser, Kanavas, Robson, Wirch and Decker. Referred to Committee on Colleges and Universities.

AB950,1,2 An Act to create 36.53 of the statutes; relating to: authorizing a program for tuition gift certificates at the University of Wisconsin System.

Analysis by the Legislative Reference Bureau

This bill authorizes the Board of Regents of the University of Wisconsin (UW) System to establish a program of gift certificates for the payment of tuition at the UW System. The individual named in a gift certificate may use the certificate to pay all or a portion of his or her tuition at any UW campus or for a UW study-abroad program. The gift certificate expires after two years and is not transferable except to a parent, child, spouse, or sibling.

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:

AB950, s. 1 Section 1. 36.53 of the statutes is created to read:

AB950,1,6 36.53 Tuition gift certificates. (1) The board may establish a gift certificate program for the payment of nonresident tuition and academic fees. The program shall include all of the following components:

AB950,2,3 (a) The individual named in a gift certificate may use the gift certificate to pay all or a portion of his or her nonresident tuition or academic fees, or for a study-abroad program, at any institution or college campus.

AB950,2,5 (b) A gift certificate is not transferable, except to a parent, child, spouse, or sibling of the named individual in par. (a).

AB950,2,9 (c) A gift certificate expires 2 years after the date of purchase, except that if the individual named in par. (a) is called into state active duty under ch. 21 or into active service with the U.S. armed forces the board shall extend the expiration period of the gift certificate by the amount of time spent in such duty or service.

AB950,2,10 (d) The purchase price of a gift certificate is not refundable.

AB950,2,12 (2) (a) The board may charge no more than the actual processing cost as a fee for each sale of a gift certificate.

AB950,2,14 (b) All moneys received by the board from the sales of gift certificates under this section shall be credited to the appropriation account under s. 20.285 (1) (im).

AB950,2,15 (End)