AB100-engrossed, s. 520 10Section 520. 25.17 (1) (afp) of the statutes is created to read:
AB100-engrossed,359,1211 25.17 (1) (afp) Agricultural college fund (s. 24.82), but subject to the terms of
12delegation under s. 24.61 (2) (c);
AB100-engrossed, s. 521 13Section 521. 25.17 (1) (axp) of the statutes is created to read:
AB100-engrossed,359,1514 25.17 (1) (axp) Common school fund (s. 24.76), but subject to the terms of
15delegation under s. 24.61 (2) (c);
AB100-engrossed, s. 522c 16Section 522c. 25.17 (1) (gf) of the statutes is repealed.
AB100-engrossed, s. 523 17Section 523. 25.17 (1) (kd) of the statutes is created to read:
AB100-engrossed,359,1918 25.17 (1) (kd) Normal school fund (s. 24.80), but subject to the terms of
19delegation under s. 24.61 (2) (c);
AB100-engrossed, s. 524 20Section 524. 25.17 (1) (xLc) of the statutes is created to read:
AB100-engrossed,359,2221 25.17 (1) (xLc) University fund (s. 24.81), but subject to the terms of delegation
22under s. 24.61 (2) (c);
AB100-engrossed, s. 525 23Section 525. 25.17 (1) (zm) of the statutes is amended to read:
AB100-engrossed,360,424 25.17 (1) (zm) All other funds of the state or of any state department or
25institution, except funds which under article X of the constitution are controlled and

1invested by the board of commissioners of public lands,
funds which are required by
2specific provision of law to be controlled and invested by any other authority, and
3moneys in the University of Wisconsin trust funds, and in the trust funds of the state
4universities.
AB100-engrossed, s. 525m 5Section 525m. 25.17 (9) of the statutes is amended to read:
AB100-engrossed,360,156 25.17 (9) Give advice and assistance requested by the board of commissioners
7of public lands or the board of regents of the University of Wisconsin System
8concerning the investment of any moneys that under sub. (1) are excepted from the
9moneys to be loaned or invested by the investment board, and assign, sell, convey and
10deed to the board of commissioners of public lands or the board of regents of the
11University of Wisconsin System any investments made by the investment board as
12may be mutually agreeable. The cost of any services rendered to the board of
13commissioners of public lands or the
board of regents of the University of Wisconsin
14System under this section shall be charged to the fund to which the moneys invested
15belong and shall be added to the appropriation to the investment board in s. 20.536.
AB100-engrossed, s. 525t 16Section 525t. 25.17 (13m) of the statutes is amended to read:
AB100-engrossed,360,2417 25.17 (13m) No later than 45 days after the end of each calendar quarter,
18submit a report to the department of administration, the cochairpersons of the joint
19legislative audit committee,
and the cochairpersons of the joint committee on finance
20detailing all costs and expenses charged to funds under s. 25.18 (1) (a) or (m) during
21that calendar quarter. The report shall include a breakdown of the amount and
22percentage of assets managed under each type of dedicated and commingled account
23or partnership, and the change in the amount and percentage from the prior calendar
24quarter.
AB100-engrossed, s. 528d
1Section 528d. 25.18 (2) (e) of the statutes is renumbered 25.18 (2) (e) 1. and
2amended to read:
AB100-engrossed,361,143 25.18 (2) (e) 1. Contract with and delegate to investment advisers the
4management and control over assets from any fund or trust delivered to such
5investment advisers for investment in real estate, mortgages, equities, and debt and
6pay such advisers fees from the current income of the fund or trust being invested.
7No Subject to subd. 2., no more than 15% 20 percent of the total assets of the fixed
8retirement investment trust or 15% 20 percent of the total assets of the variable
9retirement investment trust may be delivered to investment advisers to manage in
10accounts in which the board directly holds title to all securities purchased for the
11accounts
. The board shall set performance standards for such investment advisers,
12monitor such investments to determine if performance standards are being met and
13if an investment adviser does not consistently meet the performance standards then
14terminate the contract with such investment adviser.
AB100-engrossed, s. 528g 15Section 528g. 25.18 (2) (e) 2. of the statutes is created to read:
AB100-engrossed,361,2216 25.18 (2) (e) 2. For the purpose of calculating the 20 percent limit under subd.
171., the board shall not include any appreciation on assets delivered to the investment
18advisers. The board shall also not include for this purpose shares or participation
19in mutual funds, index funds, commingled funds, partnership funds, or other similar
20collective investment instruments in which the board does not hold title to the
21underlying investments purchased by the manager of the fund or the collective
22investment instrument.
AB100-engrossed, s. 528m 23Section 528m. 25.187 (2) (c) 1. of the statutes is amended to read:
AB100-engrossed,362,324 25.187 (2) (c) 1. Except as provided in subd. 2., the total amount that the board
25may assess the funds for which the board has management responsibility for any

1fiscal year may not exceed the greater of $17,720,500 $20,352,800 or 0.0275% of the
2total average market value of the assets of the funds on at the end of each month
3between November 30 and
April 30 of the preceding fiscal year.
AB100-engrossed, s. 528r 4Section 528r. 25.187 (2) (c) 2. of the statutes is amended to read:
AB100-engrossed,362,175 25.187 (2) (c) 2. In addition to the amount assessed under subd. 1., the board
6may assess the funds for which the board has management responsibility for any
7fiscal year up to an additional 0.0025% of the total average market value of the assets
8of the funds on at the end of each month between November 30 and April 30 of the
9preceding fiscal year if the board notifies the joint committee on finance in writing
10of the proposed assessment. If the cochairpersons of the committee do not notify the
11board that the committee has scheduled a meeting for the purpose of reviewing the
12proposed assessment within 14 working days after the date of the board's
13notification, the board may make the assessment. If, within 14 working days after
14the date of the board's notification, the cochairpersons of the committee notify the
15board that the committee has scheduled a meeting for the purpose of reviewing the
16proposed assessment, the board may make the assessment only upon approval of the
17committee.
AB100-engrossed, s. 528w 18Section 528w. 25.187 (2) (c) 3. b. of the statutes is amended to read:
AB100-engrossed,362,2219 25.187 (2) (c) 3. b. Annually, no later than June 15, certify to the department
20of administration and to the joint committee on finance the total average market
21value of the assets of the funds on at the end of each month between November 30
22and
April 30 of the current fiscal year.
AB100-engrossed, s. 529g 23Section 529g. 25.36 (1) of the statutes, as affected by 2005 Wisconsin Act ....
24(Assembly Bill 210), is amended to read:
AB100-engrossed,363,19
125.36 (1) Except as provided in sub. (2), all moneys appropriated or transferred
2by law shall constitute the veterans trust fund which shall be used for the lending
3of money to the mortgage loan repayment fund under s 45.37 (5) (a) 12. and for the
4veterans programs under ss. 20.485 (2) (m), (mn), (tm), (u), (v), (vo), (vy), (vz), (w),
5(z), and (zm), 45.03 (19), 45.07, 45.20, 45.21, 45.40 (1), 45.41, 45.42, 45.43, and 45.82
6and administered by the department of veterans affairs, including all moneys
7received from the federal government for the benefit of veterans or their dependents;
8all moneys paid as interest on and repayment of loans under the post-war
9rehabilitation fund; soldiers rehabilitation fund, veterans housing funds as they
10existed prior to July 1, 1961; all moneys paid as interest on and repayment of loans
11under this fund; all moneys paid as expenses for, interest on, and repayment of
12veterans trust fund stabilization loans under s. 45.356, 1995 stats.; all moneys paid
13as expenses for, interest on, and repayment of veterans personal loans; the net
14proceeds from the sale of mortgaged properties related to veterans personal loans;
15all mortgages issued with the proceeds of the 1981 veterans home loan revenue bond
16issuance purchased with moneys in the veterans trust fund; all moneys received from
17the state investment board under s. 45.42 (8) (b); all moneys received from the
18veterans mortgage loan repayment fund under s. 45.37 (7) (a) and (c); and all gifts
19of money received by the board of veterans affairs for the purposes of this fund.
****Note: This is reconciled s. 25.36 (1). This Section has been affected by drafts
with the following LRB numbers: LRB-0328, LRB-0329.
AB100-engrossed, s. 529m 20Section 529m. 25.40 (1) (a) 4g. of the statutes is created to read:
AB100-engrossed,363,2221 25.40 (1) (a) 4g. Fees collected under s. 341.14 (6r) (b) 9. that are deposited in
22the veterans trust fund.
AB100-engrossed, s. 531m 23Section 531m. 25.40 (2) (b) 19r. of the statutes is repealed.
AB100-engrossed, s. 532
1Section 532. 25.40 (2) (b) 19rm. of the statutes is created to read:
AB100-engrossed,364,22 25.40 (2) (b) 19rm. Section 20.380 (1) (w).
AB100-engrossed, s. 533g 3Section 533g. 25.40 (2) (b) 27. of the statutes is created to read:
AB100-engrossed,364,44 25.40 (2) (b) 27. Section 20.855 (4) (v).
AB100-engrossed, s. 533r 5Section 533r. 25.40 (2) (b) 27. of the statutes, as created by 2005 Wisconsin
6Act .... (this act), is repealed.
AB100-engrossed, s. 535 7Section 535. 25.50 (7) of the statutes is amended to read:
AB100-engrossed,364,148 25.50 (7) Reimbursement of expenses. The state treasurer shall deduct
9quarterly a maximum of 0.25% of the amount of income received monthly from the
10earnings of the fund during the preceding calendar quarter for month an amount
11sufficient to cover
all actual and necessary expenses incurred by the state in
12administering the fund in the preceding calendar month, except that in no fiscal year
13may the state treasurer deduct an amount exceeding the amount appropriated under
14s. 20.585 (1) (g) for that fiscal year
.
AB100-engrossed, s. 535m 15Section 535m. 25.55 (intro.) of the statutes is repealed.
AB100-engrossed, s. 535p 16Section 535p. 25.55 (3) of the statutes is renumbered 149.11 (2) (a) 1. and
17amended to read:
AB100-engrossed,364,1918 149.11 (2) (a) 1. Insurer assessments under ch. 149 s. 149.13, paid to the board
19under s. 20.145 (5) (g)
.
AB100-engrossed, s. 535r 20Section 535r. 25.55 (4) of the statutes is renumbered 149.11 (2) (a) 2. and
21amended to read:
AB100-engrossed,364,2222 149.11 (2) (a) 2. Premiums paid by eligible persons under ch. 149.
AB100-engrossed, s. 536 23Section 536. 25.60 of the statutes is amended to read:
AB100-engrossed,365,6 2425.60 Budget stabilization fund. There is created a separate nonlapsible
25trust fund designated as the budget stabilization fund, consisting of moneys

1transferred to the fund from the general fund under ss. 13.48 (14) (c), 16.518 (3), and
216.72 (4) (b), and 16.848. Moneys in this fund are reserved for a transfer from the
3fund to the general fund to provide state revenue stability during periods of
4below-normal economic activity when actual general fund revenues are 98 percent
5or less of estimated general fund revenues under s. 20.005 (1), as published in the
6biennial budget act or acts
.
AB100-engrossed, s. 537 7Section 537. 25.77 (3) of the statutes is amended to read:
AB100-engrossed,365,108 25.77 (3) All moneys received under s. 50.14 (2) from assessments on licensed
9beds of facilities except $14,300,000 in fiscal year 2003-04 and $13,800,000 in fiscal
10year 2004-05 and, beginning July 1, 2005, 45% in each fiscal year
.
AB100-engrossed, s. 541b 11Section 541b. 26.385 of the statutes is created to read:
AB100-engrossed,365,14 1226.385 Forestry research and development grants. (1) In this section,
13"forestry biomass" means byproducts and waste generated by the practice of forestry
14on forestry lands.
AB100-engrossed,365,17 15(2) The department may use the moneys allocated under s. 28.085 (2) for grants
16to nonprofit organizations experienced in the commercialization of energy
17technologies for any of the following projects:
AB100-engrossed,365,1918 (a) Research and development of technologies for using forestry biomass as
19energy sources.
AB100-engrossed,365,2020 (b) Encouraging the use of forestry biomass as energy sources.
AB100-engrossed,365,2121 (c) Increasing the beneficial use of forestry biomass.
AB100-engrossed,365,2222 (d) Encouraging the development of biochemicals from forestry biomass.
AB100-engrossed,366,2 23(3) The department may provide the recipient of a grant under this section with
24not more than $300,000, of which not more than $150,000 may be for planning and

1not more than $150,000 may be for implementation, unless the application of these
2limitations interferes with the receipt or use of federal funding.
AB100-engrossed,366,5 3(4) The department may provide funding only for grants under this section that
4match funding provided by the federal government for forestry biomass research and
5development.
AB100-engrossed,366,8 6(5) The total amount of federal funding and funding from a grant under this
7section may not exceed 50 percent of the total cost of the project, unless the
8application of this limitation interferes with the receipt or use of federal funding.
AB100-engrossed, s. 541c 9Section 541c. 26.39 (title) of the statutes is amended to read:
AB100-engrossed,366,10 1026.39 (title) Forestry education and training.
AB100-engrossed, s. 541d 11Section 541d. 26.39 (4) (title) of the statutes is repealed.
AB100-engrossed, s. 541e 12Section 541e. 26.39 (4) (a) of the statutes is repealed.
AB100-engrossed, s. 541f 13Section 541f. 26.39 (4) (b) of the statutes is renumbered 28.06 (2m) (b) and
14amended to read:
AB100-engrossed,366,1915 28.06 (2m) (b) For fiscal year 2002-03 and each fiscal year thereafter, the
16department shall credit 50% of the moneys received as surcharges under s. 28.06
17(2m)
par. (a) during the applicable fiscal year to the appropriation account under s.
1820.370 (1) (cu) and the remaining 50% to the appropriation account under s. 20.370
19(1) (cv).
AB100-engrossed, s. 541h 20Section 541h. 26.39 (5) of the statutes is created to read:
AB100-engrossed,367,221 26.39 (5) Funding for school forests. The department shall use the moneys
22allocated under s. 28.085 (4) to provide funding to school districts that have school
23forests for the purposes of maintaining the school forests and for transporting pupils
24to and from the school forests. The department shall promulgate rules to implement
25and administer this subsection, including educational and forest management

1requirements that school districts must meet to receive funding under this
2subsection.
AB100-engrossed, s. 541j 3Section 541j. 26.39 (6) of the statutes is created to read:
AB100-engrossed,367,84 26.39 (6) Forestry internships. The department shall use the moneys
5allocated under s. 28.085 (6) to provide internships to University of Wisconsin
6System students who are enrolled in a course of study that will result in a bachelor's
7or higher degree in forestry. The department shall promulgate rules establishing the
8application process and the criteria for receipt of an internship under this subsection.
AB100-engrossed, s. 541m 9Section 541m. 26.39 (7) of the statutes is created to read:
AB100-engrossed,367,1510 26.39 (7) Logging certification scholarships. (a) From the appropriation
11under s. 20.370 (5) (ax), the department shall establish a scholarship grant program
12to assist individuals who are seeking certification by the Wisconsin Professional
13Loggers Association as master loggers. A scholarship grant under the program may
14not exceed 50 percent of the total cost of receiving the certification. The department
15shall promulgate rules that establish criteria for the program.
AB100-engrossed,367,1716 (b) The department shall allocate $50,000 for fiscal year 2005-06 and $150,000
17for each subsequent fiscal year for scholarship grants under this program.
AB100-engrossed, s. 542 18Section 542. 27.01 (7) (c) 7. of the statutes is amended to read:
AB100-engrossed,367,2119 27.01 (7) (c) 7. Any vehicle, except a motor bus, occupied by a person holding
20who is at least 18 years of age and who holds a conservation patron license issued
21under s. 29.235.
AB100-engrossed, s. 543 22Section 543. 27.01 (7) (f) 1. of the statutes is amended to read:
AB100-engrossed,367,2523 27.01 (7) (f) 1. Except as provided in par. (gm), the fee for an annual vehicle
24admission receipt is $19.50 $24.50 for each vehicle that has Wisconsin registration
25plates, except that no fee is charged for a receipt issued under s. 29.235 (6).
AB100-engrossed, s. 544
1Section 544. 27.01 (7) (f) 2. of the statutes is amended to read:
AB100-engrossed,368,42 27.01 (7) (f) 2. Except as provided in subds. 3. and 4. and par. (gm) 4., the fee
3for a daily vehicle admission receipt is $4.85 $6.85 for any vehicle which has
4Wisconsin registration plates.
AB100-engrossed, s. 545 5Section 545. 27.01 (7) (g) 1. of the statutes is amended to read:
AB100-engrossed,368,96 27.01 (7) (g) 1. Except as provided in par. (gm), the fee for an annual vehicle
7admission receipt is $29.50 $34.50 for any vehicle that has a registration plate or
8plates from another state, except that no fee is charged for a receipt issued under s.
929.235 (6).
AB100-engrossed, s. 546 10Section 546. 27.01 (7) (gm) 1. of the statutes is amended to read:
AB100-engrossed,368,1511 27.01 (7) (gm) 1. Instead of the fees under pars. (f) 1. and (g) 1., the department
12shall charge an individual $9.50 $12 or $14.50 $17, respectively, for an annual
13vehicle admission receipt if the individual applying for the receipt or a member of his
14or her household owns a vehicle for which a current annual vehicle admission receipt
15has been issued for the applicable fee under par. (f) 1. or (g) 1.
AB100-engrossed, s. 546m 16Section 546m. 27.01 (7) (gm) 3. of the statutes is amended to read:
AB100-engrossed,368,1917 27.01 (7) (gm) 3. Notwithstanding par. (f) 1., the fee for an annual vehicle
18admission receipt for a vehicle that has Wisconsin registration plates and that is
19owned by a resident senior citizen, as defined in s. 29.001 (72), is $9.50 $12.
AB100-engrossed, s. 547 20Section 547. 27.01 (8) (b) 3. of the statutes is amended to read:
AB100-engrossed,368,2221 27.01 (8) (b) 3. Any person holding who is at least 18 years of age and who holds
22a conservation patron license issued under s. 29.235.
AB100-engrossed, s. 548 23Section 548. 27.01 (10) (d) 1. of the statutes is amended to read:
AB100-engrossed,369,3
127.01 (10) (d) 1. The camping fee for each night at a campsite in a campground
2which is classified as a Type "A" campground by the department is $8 $10 for a
3resident camping party.
AB100-engrossed, s. 549 4Section 549. 27.01 (10) (d) 2. of the statutes is amended to read:
AB100-engrossed,369,75 27.01 (10) (d) 2. The camping fee for each night at a campsite in a campground
6which is classified as a Type "A" campground by the department is $10 $12 for a
7nonresident camping party.
AB100-engrossed, s. 550 8Section 550. 27.01 (10) (d) 3. of the statutes is amended to read:
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