SB44,101,115 (b) Appropriation obligations may be sold at either public or private sale and
6may be sold at any price or percentage of par value. The department may provide
7in any authorizing certification for refunding obligations under sub. (7) that they be
8exchanged privately in payment and discharge of any of the outstanding obligations
9being refinanced. All appropriation obligations sold at public sale shall be noticed
10as provided in the authorizing certification. Any bid received at public sale may be
11rejected.
SB44,101,15 12(6) Form. (a) Evidences of appropriation obligation may be in the form of
13bonds, notes, or other evidences of obligation, and may be issued in book-entry form
14or in certificated form. Notwithstanding s. 403.104 (1), every evidence of
15appropriation obligation is a negotiable instrument.
SB44,101,2416 (b) Every evidence of appropriation obligation shall be executed in the name
17of and for the state by the governor and the state treasurer and shall be sealed with
18the great seal of the state or a facsimile thereof. The facsimile signature of either the
19governor or state treasurer, or both, may be imprinted in lieu of the manual signature
20of such officer, as the department directs, if approved by such officer. An evidence
21of appropriation obligation bearing the manual or facsimile signature of a person in
22office at the time such signature was signed or imprinted shall be fully valid
23notwithstanding that before or after the delivery thereof such person ceased to hold
24such office.
SB44,102,4
1(c) Every evidence of appropriation obligation shall be dated not later than the
2date issued, shall contain a reference by date to the appropriate authorizing
3certification, shall state the limitation established in sub. (4) (g), and shall be in
4accordance with the authorizing certification.
SB44,102,75 (d) An evidence of appropriation obligation shall be in such form and contain
6such statements or terms as determined by the department, and may not conflict
7with law or with the appropriate authorizing certification.
SB44,102,20 8(7) Refunding obligations. (a) 1. The department may authorize the issuance
9of appropriation obligation refunding obligations. Refunding obligations may be
10issued, subject to any contract rights vested in owners of obligations being
11refinanced, to refinance all or any part of one or more issue of obligations
12notwithstanding that the obligations may have been issued at different times. The
13principal amount of the refunding obligations may not exceed the sum of: the
14principal amount of the obligations being refinanced; applicable redemption
15premiums; unpaid interest on the obligations to the date of delivery or exchange of
16the refunding obligations; in the event the proceeds are to be deposited in trust as
17provided in par. (c), interest to accrue on the obligations from the date of delivery to
18the date of maturity or to the redemption date selected by the department, whichever
19is earlier; and the expenses incurred in the issuance of the refunding obligations and
20the payment of the obligations.
SB44,102,2321 2. A determination by the department that a refinancing is advantageous or
22that any of the amounts provided subd. 1. should be included in the refinancing shall
23be conclusive.
SB44,103,1124 (b) If the department determines to exchange refunding obligations, they may
25be exchanged privately for and in payment and discharge of any of the outstanding

1obligations being refinanced. Refunding obligations may be exchanged for such
2principal amount of the obligations being exchanged therefor as may be determined
3by the department to be necessary or advisable. The owners of the obligations being
4refunded who elect to exchange need not pay accrued interest on the refunding
5obligations if and to the extent that interest is accrued and unpaid on the obligations
6being refunded and to be surrendered. If any of the obligations to be refinanced are
7to be called for redemption, the department shall determine which redemption dates
8are to be used, if more than one date is applicable and shall, prior to the issuance of
9the refunding obligations, provide for notice of redemption to be given in the manner
10and at the times required by the certification authorizing the outstanding
11obligations.
SB44,103,1612 (c) 1. The principal proceeds from the sale of any refunding obligations shall
13be applied either to the immediate payment and retirement of the obligations being
14refinanced or, if the obligations have not matured and are not presently redeemable,
15to the creation of a trust for and shall be pledged to the payment of the obligations
16being refinanced.
SB44,104,1017 2. If a trust is created, a separate deposit shall be made for each issue of
18appropriation obligations being refinanced. Each deposit shall be with the state
19treasurer or a bank or trust company that is a member of the Federal Deposit
20Insurance Corporation. If the total amount of any deposit, including money other
21than sale proceeds but legally available for such purpose, is less than the principal
22amount of the obligations being refinanced and for the payment of which the deposit
23has been created and pledged, together with applicable redemption premiums and
24interest accrued and to accrue to maturity or to the date of redemption, then the
25application of the sale proceeds shall be legally sufficient only if the money deposited

1is invested in securities issued by the United States or one of its agencies, or
2securities fully guaranteed by the United States, and only if the principal amount
3of the securities at maturity and the income therefrom to maturity will be sufficient
4and available, without the need for any further investment or reinvestment, to pay
5at maturity or upon redemption the principal amount of the obligations being
6refinanced together with applicable redemption premiums and interest accrued and
7to accrue to maturity or to the date of redemption. The income from the principal
8proceeds of the securities shall be applied solely to the payment of the principal of
9and interest and redemption premiums on the obligations being refinanced, but
10provision may be made for the pledging and disposition of any surplus.
SB44,104,1611 3. Nothing in this paragraph may be construed as a limitation on the duration
12of any deposit in trust for the retirement of obligations being refinanced that have
13not matured and that are not presently redeemable. Nothing in this paragraph may
14be construed to prohibit reinvestment of the income of a trust if the reinvestments
15will mature at such times that sufficient cash will be available to pay interest,
16applicable premiums, and principal on the obligations being refinanced.
SB44,105,3 17(8) Fiscal regulations. (a) The state treasurer shall act as registrar for each
18evidence of appropriation obligation. No transfer of a registered evidence of
19appropriation obligation is valid unless made on a register maintained by the state
20treasurer, and the state may treat the registered owner as the owner of the
21instrument for all purposes. Payments of principal and interest shall be by electronic
22funds transfer, check, share draft, or other draft to the registered owner at the
23owner's address as it appears on the register, unless the department has otherwise
24provided. Information in the register is not available for inspection and copying
25under s. 19.35 (1). The department may make any other provision respecting

1registration as it considers necessary or useful. The state treasurer may enter into
2a contract for the performance of any of his or her functions relating to appropriation
3obligations.
SB44,105,84 (b) The state treasurer, or the treasurer's agent, shall maintain records
5containing a full and correct description of each evidence of appropriation obligation
6issued, identifying it, and showing its date, issue, amount, interest rate, payment
7dates, payments made, registration, destruction, and every other relevant
8transaction.
SB44,105,219 (c) The secretary may appoint one or more trustees and fiscal agents for each
10issue of appropriation obligations. The state treasurer may be denominated the
11trustee and the sole fiscal agent or a cofiscal agent for any issue of appropriation
12obligations. Every other fiscal agent shall be an incorporated bank or trust company
13authorized by the laws of the United States or of the state in which it is located to
14do a banking or trust company business. There may be deposited with a trustee, in
15a special account, moneys to be used only for the purposes expressly provided in the
16certification authorizing the issuance of evidences of appropriation obligation or an
17agreement between the department and the trustee. The department may make
18other provisions respecting trustees and fiscal agents as the department considers
19necessary or useful and may enter into a contract with any trustee or fiscal agent
20containing such terms, including compensation, and conditions in regard to the
21trustee or fiscal agent as the department considers necessary or useful.
SB44,106,522 (d) If any evidence of appropriation obligation is destroyed, lost, or stolen, the
23department shall execute and deliver a new evidence of appropriation obligation,
24upon filing with the department evidence satisfactory to the department that the
25evidence of appropriation obligation has been destroyed, lost, or stolen, upon

1providing proof of ownership thereof, and upon furnishing the department with
2indemnity satisfactory to it and complying with such other rules of the department
3and paying any expenses that the department or the state treasurer may incur. The
4department shall cancel the evidences of appropriation obligation surrendered to the
5department.
SB44,106,106 (e) Unless otherwise directed by the department, every evidence of
7appropriation obligation paid or otherwise retired shall be marked "canceled" and
8delivered, through the state treasurer if delivered to a fiscal agent other than the
9state treasurer, to the state auditor who shall destroy them and deliver to the state
10treasurer a certificate to that effect.
SB44,106,13 11(9) Appropriation obligations as legal investments. Any of the following may
12legally invest any sinking funds, moneys, or other funds belonging to them or under
13their control in any appropriation obligations issued under this section:
SB44,106,1514 (a) The state, the investment board, public officers, municipal corporations,
15political subdivisions, and public bodies.
SB44,106,1916 (b) Banks and bankers, savings and loan associations, credit unions, trust
17companies, savings banks and institutions, investment companies, insurance
18companies, insurance associations, and other persons carrying on a banking or
19insurance business.
SB44,106,2020 (c) Personal representatives, guardians, trustees, and other fiduciaries.
SB44,106,24 21(10) Moral obligation pledge. Recognizing its moral obligation to do so, the
22legislature expresses its expectation and aspiration that it shall make timely
23appropriations from moneys in the general fund that are sufficient to pay the
24principal and interest due with respect to any appropriation obligations in any year.
SB44, s. 183 25Section 183. 16.53 (1) (d) 1. of the statutes is amended to read:
SB44,107,5
116.53 (1) (d) 1. The secretary, with the approval of the joint committee on
2employment relations, shall fix the time, except as provided in ss. 106.21 (9) (c) and
3s. 106.215 (10) (c),
and frequency for payment of salaries due elective and appointive
4officers and employees of the state. As determined under this subdivision, the
5salaries shall be paid either monthly, semimonthly or for each 2-week period.
SB44, s. 184 6Section 184. 16.53 (5) of the statutes is amended to read:
SB44,107,147 16.53 (5) Warrants; what to specify. The secretary shall draw a warrant on
8the state treasurer treasury payable to the claimant for the amount allowed by the
9secretary upon every claim audited under sub. (1), except as authorized in s. 16.52
10(7), 20.920, or 20.929, specifying from what fund to be paid, the particular law which
11that authorizes the claim to be paid out of the state treasury, and at the secretary's
12discretion the post-office address of the payee. The secretary shall not credit the
13treasurer for any sum of money paid out by the treasurer
No moneys may be paid out
14of the state treasury under this section
otherwise than upon such warrants.
SB44, s. 185 15Section 185. 16.53 (10) (a) of the statutes is amended to read:
SB44,108,616 16.53 (10) (a) If an emergency arises which requires the department to draw
17vouchers for payments which will be in excess of available moneys in any state fund,
18the secretary, in consultation with the state treasurer, and after notifying the joint
19committee on finance under par. (b), may prorate and establish priority schedules for
20all payments within each fund, including those payments for which a specific
21payment date is provided by statute, except as otherwise provided in this paragraph.
22The secretary shall draw all vouchers according to the preference provided in this
23paragraph. All direct or indirect payments of principal or interest on state bonds and
24notes issued under subch. I of ch. 18 have first priority. All direct or indirect
25payments of principal or interest on state notes issued under subch. III of ch. 18 have

12nd priority. No payment having a 1st or 2nd priority may be prorated or reduced
2under this subsection. All state employee payrolls have 3rd priority. The secretary
3shall draw all remaining vouchers according to a priority determined by the
4secretary. The secretary shall maintain records of all claims prorated under this
5subsection and shall provide written notice to the state treasurer when a potential
6cash flow emergency is anticipated
.
SB44, s. 186 7Section 186. 16.53 (10) (b) of the statutes is amended to read:
SB44,108,158 16.53 (10) (b) Before exercising authority under par. (a) the secretary shall,
9after consultation with the state treasurer,
notify the joint committee on finance as
10to the need for and the procedures under which proration or priority schedules under
11par. (a) shall occur. If the joint committee on finance has not, within 2 working days
12after the notification, scheduled a meeting to review the secretary's proposal, the
13secretary may proceed with the proposed action. If, within 2 working days after the
14notification, the committee schedules a meeting, the secretary may not proceed with
15the proposed action until after the meeting is held.
SB44, s. 187 16Section 187. 16.53 (13) (a) of the statutes is amended to read:
SB44,108,1817 16.53 (13) (a) In this subsection, "agency" has the meaning given in s. 16.70 (1)
18(1e).
SB44, s. 188 19Section 188. 16.54 (2) (b) of the statutes is amended to read:
SB44,109,520 16.54 (2) (b) Upon presentation by the department to the joint committee on
21finance of alternatives to the provisions under s. 16.385 16.27, the joint committee
22on finance may revise the eligibility criteria under s. 16.385 16.27 (5), benefit
23payments under s. 16.385 16.27 (6) or the amount allocated for crises under s. 16.385
2416.27 (3) (e) 2. and the department shall implement those revisions. Benefits or
25eligibility criteria so revised shall take into account and be consistent with the

1requirements of federal regulations promulgated under 42 USC 8621 to 8629. If
2funds received under 42 USC 8621 to 8629 in a federal fiscal year total less than 90%
3of the amount received in the previous federal fiscal year, the department shall
4submit to the joint committee on finance a plan for expenditure of the funds. The
5department may not use the funds unless the committee approves the plan.
SB44, s. 189 6Section 189. 16.545 (9) of the statutes is amended to read:
SB44,109,137 16.545 (9) To initiate contacts with the federal government for the purpose of
8facilitating participation by agencies, as defined in s. 16.70 (1) (1e), in federal aid
9programs, to assist those agencies in applying for such aid, and to facilitate
10influencing the federal government to make policy changes that will be beneficial to
11this state. The department may assess an agency to which it provides services under
12this subsection a fee for the expenses incurred by the department in providing those
13services.
SB44, s. 190 14Section 190. 16.61 (2) (af) of the statutes is amended to read:
SB44,109,1515 16.61 (2) (af) "Form" has the meaning specified in s. 22.01 16.97 (5p).
SB44, s. 191 16Section 191. 16.61 (3n) of the statutes is amended to read:
SB44,109,1817 16.61 (3n) Exempt forms. The board may not receive or investigate complaints
18about the forms specified in s. 22.03 16.971 (2m).
SB44, s. 192 19Section 192. 16.70 (1) of the statutes is renumbered 16.70 (1e).
SB44, s. 193 20Section 193. 16.70 (1b) of the statutes is created to read:
SB44,109,2221 16.70 (1b) "Affiliate" means an individual or business that controls, is
22controlled by, or is under common control with another individual or business.
SB44, s. 194 23Section 194. 16.70 (2e) of the statutes is created to read:
SB44,109,2524 16.70 (2e) "Business" means a corporation, partnership, limited liability
25company, association, or sole proprietorship operated for profit.
SB44, s. 195
1Section 195. 16.70 (3e) of the statutes is created to read:
SB44,110,32 16.70 (3e) "Control" means to own, directly or indirectly, more than 10% of the
3interest in or voting securities of a business.
SB44, s. 196 4Section 196. 16.70 (3m) of the statutes is amended to read:
SB44,110,65 16.70 (3m) "Educational technology" has the meaning given in s. 44.70 115.997
6(3).
SB44, s. 197 7Section 197. 16.70 (4m) of the statutes is amended to read:
SB44,110,98 16.70 (4m) "Information technology" has the meaning given in s. 22.01 16.97
9(6).
SB44, s. 198 10Section 198. 16.70 (15) of the statutes is amended to read:
SB44,110,1111 16.70 (15) "Telecommunications" has the meaning given in s. 22.01 16.97 (10).
SB44, s. 199 12Section 199. 16.70 (16) of the statutes is created to read:
SB44,110,1613 16.70 (16) "Voting securities" means securities that confer upon the holder the
14right to vote for the election of members of the board of directors or similar governing
15body of a business, or are convertible into, or entitle the holder to receive upon their
16exercise, securities that confer such a right to vote.
SB44, s. 200 17Section 200. 16.705 (1m) of the statutes is amended to read:
SB44,110,2018 16.705 (1m) Subsection (1) does not apply to contracts entered into by the
19volunteer fire fighter and emergency medical technician service award board under
20s. 16.25 560.9813 (4) (b).
SB44, s. 201 21Section 201. 16.705 (3) (intro.) of the statutes is amended to read:
SB44,111,222 16.705 (3) (intro.) Contracts for contractual services shall be submitted by the
23department for the review and approval of the
The secretary of employment relations
24prior to award, under conditions established by rule of the department. The

1secretary of employment relations
, shall review such contracts for contractual
2services
in order to ensure that agencies:
SB44, s. 202 3Section 202. 16.71 (1m) of the statutes is amended to read:
SB44,111,154 16.71 (1m) The department shall not delegate to any executive branch agency,
5other than the board of regents of the University of Wisconsin System, the authority
6to enter into any contract for materials, supplies, equipment, or contractual services
7relating to information technology or telecommunications prior to review and
8approval of the contract by the chief information officer department. The
9department shall not delegate to any executive branch agency the authority to enter
10into any contract for materials, supplies, equipment, or contractual services relating
11to telecommunications prior to review and approval of the contract by the
12department
. No executive branch agency, other than the board of regents of the
13University of Wisconsin System,
may enter into any such contract for which review
14is required under this subsection
without review and approval of the contract by the
15chief information officer department.
SB44, s. 203 16Section 203. 16.71 (2m) of the statutes is repealed.
SB44, s. 204 17Section 204. 16.71 (4) of the statutes is amended to read:
SB44,112,218 16.71 (4) With the approval of the department of electronic government Upon
19request of the department of public instruction
, the department of administration
20shall delegate authority to the technology for educational achievement in Wisconsin
21board
department of public instruction to make purchases of educational technology
22equipment for use by school districts, cooperative educational service agencies, and
23public educational institutions in this state, upon request of the board and to enter
24into cooperative purchasing agreements under s. 16.73 (1) under which participating
25school districts and cooperative educational service agencies may contract for their

1professional employees to receive training concerning the effective use of educational
2technology
.
SB44, s. 205 3Section 205. 16.71 (5) of the statutes is amended to read:
SB44,112,64 16.71 (5) The department shall delegate authority to the volunteer fire fighter
5and emergency medical technician service award board to enter into contracts under
6s. 16.25 560.9813 (4) (b).
SB44, s. 206 7Section 206. 16.72 (2) (a) of the statutes is amended to read:
SB44,112,198 16.72 (2) (a) The department of administration shall prepare standard
9specifications, as far as possible, for all state purchases. By "standard specifications"
10is meant a specification, either chemical or physical or both, prepared to describe in
11detail the article which the state desires to purchase, and trade names shall not be
12used. On the formulation, adoption and modification of any standard specifications,
13the department of administration shall also seek and be accorded without cost, the
14assistance, advice and cooperation of other agencies and officers. Each specification
15adopted for any commodity shall, insofar as possible, satisfy the requirements of any
16and all agencies which use it in common. Any specifications for the purchase of
17materials, supplies, equipment, or contractual services for information technology
18or telecommunications purposes are subject to the approval of the chief information
19officer.
SB44, s. 207 20Section 207. 16.72 (2) (b) of the statutes is amended to read:
SB44,113,621 16.72 (2) (b) Except as provided in par. (a) and ss. 16.25 (4) (b), 16.751 and ,
22560.9813 (4) (b), and
565.25 (2) (a) 4., the department shall prepare or review
23specifications for all materials, supplies, equipment, other permanent personal
24property and contractual services not purchased under standard specifications.
25Such "nonstandard specifications" may be generic or performance specifications, or

1both, prepared to describe in detail the article which the state desires to purchase
2either by its physical properties or by its programmatic utility. When appropriate
3for such nonstandard items or services, trade names may be used to identify what
4the state requires, but wherever possible 2 or more trade names shall be designated
5and the trade name of any Wisconsin producer, distributor or supplier shall appear
6first.
SB44, s. 208 7Section 208. 16.72 (4) (a) of the statutes is amended to read:
SB44,113,188 16.72 (4) (a) Except as provided in ss. 16.71 and 16.74 or as otherwise provided
9in this subchapter and the rules promulgated under s. 16.74 and this subchapter, all
10supplies, materials, equipment and contractual services shall be purchased for and
11furnished to any agency only upon requisition to the department. The department
12shall prescribe the form, contents, number and disposition of requisitions and shall
13promulgate rules as to time and manner of submitting such requisitions for
14processing. No agency or officer may engage any person to perform contractual
15services without the specific prior approval of the department for each such
16engagement. Purchases of supplies, materials, equipment or contractual services by
17the department of electronic government, the legislature, the courts or legislative
18service or judicial branch agencies do not require approval under this paragraph.
SB44, s. 209 19Section 209. 16.72 (4) (b) of the statutes is amended to read:
SB44,114,320 16.72 (4) (b) The department shall promulgate rules for the declaration as
21surplus of supplies, materials and equipment in any agency and for the transfer to
22other agencies or for the disposal by private or public sale of supplies, materials and
23equipment. In either case due credit shall be given to the agency releasing the same
24, the department shall deposit the net proceeds in the budget stabilization fund
,
25except that the department shall transfer any supplies, materials or equipment

1declared to be surplus to the department of tourism, upon request of the department
2of tourism, at no cost, if the transfer is permitted by the agency having possession
3of the supplies, materials or equipment.
SB44, s. 210 4Section 210. 16.72 (8) of the statutes is amended to read:
SB44,114,105 16.72 (8) The department may purchase educational technology materials,
6supplies, equipment, or contractual services from orders placed with the department
7by the technology for educational achievement in Wisconsin board department of
8public instruction
on behalf of school districts, cooperative educational service
9agencies, technical college districts, and the board of regents of the University of
10Wisconsin System.
SB44, s. 211 11Section 211. 16.75 (1) (a) 1. of the statutes is amended to read:
SB44,114,2012 16.75 (1) (a) 1. All orders awarded or contracts made by the department for all
13materials, supplies, equipment, and contractual services to be provided to any
14agency, except as otherwise provided in par. (c) and subs. (2), (2g), (2m), (3m), (3t),
15(6), (7), (8), and (9), and (10m) and ss. 16.73 (4) (a), 16.751, 16.754, 16.964 (8), 50.05
16(7) (f), and 287.15 (7), shall be awarded to the lowest responsible bidder, taking into
17consideration life cycle cost estimates under sub. (1m), when appropriate, the
18location of the agency, the quantities of the articles to be supplied, their conformity
19with the specifications, and the purposes for which they are required and the date
20of delivery.
SB44, s. 212 21Section 212. 16.75 (3t) (a) of the statutes is amended to read:
SB44,114,2322 16.75 (3t) (a) In this subsection, "form" has the meaning given under s. 22.01
2316.97 (5p).
SB44, s. 213 24Section 213. 16.75 (6) (am) of the statutes is amended to read:
SB44,115,8
116.75 (6) (am) Subsections (1) and (3t) do not apply to procurements by the
2department of electronic government department relating to information technology
3or telecommunications
. Annually not later than October 1, the department of
4electronic government
shall report to the department of administration governor, in
5the form specified by the secretary governor, concerning all procurements relating
6to information technology or telecommunications
by the department of electronic
7government
department during the preceding fiscal year that were not made in
8accordance with the requirements of subs. (1) and (3t).
SB44, s. 214 9Section 214. 16.75 (10m) of the statutes is created to read:
SB44,115,1510 16.75 (10m) The department, any other designated purchasing agent under s.
1116.71 (1), any agency making purchases under s. 16.74, and any authority shall not
12enter into any contract or order for the purchase of materials, supplies, equipment,
13or contractual services with a person if the name of the person, or the name of an
14affiliate of that person, is certified to the department by the secretary of revenue
15under s. 77.66.
SB44, s. 215 16Section 215. 16.752 (12) (i) of the statutes is amended to read:
SB44,115,1817 16.752 (12) (i) Paragraph (a) does not apply to procurements by the department
18of electronic government
relating to information technology or telecommunications.
SB44, s. 216 19Section 216. 16.78 (title) of the statutes is amended to read:
SB44,115,21 2016.78 (title) Purchases from department of electronic government
21relating to information technology or telecommunications .
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