LRB-3895/1
RAC:kjf:rs
2005 - 2006 LEGISLATURE
November 22, 2005 - Introduced by Senators Darling, Stepp, Grothman, Leibham,
Cowles, Roessler and
A. Lasee, cosponsored by Representatives Gielow,
Jensen, Stone, Bies, Towns, Hahn, Owens, Nass, Musser, Gundrum,
Jeskewitz, Ward, Vos, Petrowski and F. Lasee. Referred to Joint Committee
on Finance.
SB446,1,2
1An Act to amend 16.52 (12) of the statutes;
relating to: interfund transfers in
2state government.
Analysis by the Legislative Reference Bureau
Current law provides that when a law requires a transfer of moneys to be made
from one state fund to another state fund and no date is specified for the transfer to
be made, the secretary of administration must determine a date on which the
transfer must be made or provide for partial transfers to be made on different dates,
and transfer the moneys in accordance with its determination.
This bill requires that the transfer date or dates must be during the fiscal year
in which the law takes effect.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SB446, s. 1
3Section
1. 16.52 (12) of the statutes is amended to read:
SB446,2,24
16.52
(12) Date for interfund transfers. Whenever it is provided by law for
5a transfer of moneys to be made from one fund to another fund and no date is specified
6for the transfer to be made, determine a date
during the fiscal year in which the law
7takes effect on which the transfer shall be made or provide for partial transfers to
1be made on different dates
during that fiscal year, and transfer the moneys in
2accordance with its determination.
