AB1,33,113
71.22
(4) (r) Except as provided in sub. (4m) and ss. 71.26
(2) (b) and (3), 71.34
4(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
5December 31, 2004, and before January 1, 2006, means the federal Internal Revenue
6Code as amended to December 31, 2004, excluding sections 103, 104, and 110 of P.L.
7102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
8sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
94, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
10431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
11202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
12(a) of P.L.
108-311, and sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and
13910 of P.L.
108-357, and as amended by P.L.
109-7, P.L.
109-58, excluding sections
141305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
15109-58, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
16sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
17(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
18209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, and P.L.
109-280, excluding
19sections 811 and 844 of P.L.
109-280, and as indirectly affected in the provisions
20applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding
21sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 22and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
23101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
24102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
25(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
1103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
21311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
3105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
4106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
5P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
6107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
7107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections
8106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201
9of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
10308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
11211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
12108-476, P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323,
131324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-73, excluding
14section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
15relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
16109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
17109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
18109-280. The Internal Revenue Code applies for Wisconsin purposes at the same
19time as for federal purposes. Amendments to the federal Internal Revenue Code
20enacted after December 31, 2004, do not apply to this paragraph with respect to
21taxable years beginning after December 31, 2004, and before January 1, 2006,
22except that changes to the Internal Revenue Code made by P.L.
109-7, P.L.
109-58,
23excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348,
24and 1351 of P.L.
109-58, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
25109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
1(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding
2sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, and P.L.
3109-280, excluding sections 811 and 844 of P.L.
109-280, and changes that indirectly
4affect the provisions applicable to this subchapter made by P.L.
109-7, P.L.
109-58,
5excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348,
6and 1351 of P.L.
109-58, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
7109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
8(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding
9sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, and P.L.
10109-280, excluding sections 811 and 844 of P.L.
109-280, apply for Wisconsin
11purposes at the same time as for federal purposes.
AB1,35,1414
71.22
(4) (s) Except as provided in sub. (4m) and ss. 71.26
(2) (b) and (3), 71.34
15(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
16December 31, 2005, and before January 1, 2007, means the federal Internal Revenue
17Code as amended to December 31, 2005, excluding sections 103, 104, and 110 of P.L.
18102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
19sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
204, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
21431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
22202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
23(a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
24of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
251328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
1of P.L.
109-73, and sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
2(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, and as amended by P.L.
109-222,
3excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, and
4P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, and as indirectly
5affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
6P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and
7823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
8101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
9103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
10sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
11103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
121123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
13104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
14106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
15P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
16107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a)
17of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
18excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
19excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
20excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
21excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
22108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
231305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
24109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
25section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
1relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
2109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
3109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
4109-280. The Internal Revenue Code applies for Wisconsin purposes at the same
5time as for federal purposes. Amendments to the federal Internal Revenue Code
6enacted after December 31, 2005, do not apply to this paragraph with respect to
7taxable years beginning after December 31, 2005, and before January 1, 2007,
8except that changes to the Internal Revenue Code made by P.L.
109-222, excluding
9sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, and P.L.
10109-280, excluding sections 811 and 844 of P.L.
109-280, and changes that indirectly
11affect the provisions applicable to this subchapter made by P.L.
109-222, excluding
12sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, and P.L.
13109-280, excluding sections 811 and 844 of P.L.
109-280, apply for Wisconsin
14purposes at the same time as for federal purposes.
AB1,37,917
71.22
(4) (t) Except as provided in sub. (4m) and ss. 71.26
(2) (b) and (3), 71.34
18(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
19December 31, 2006, means the federal Internal Revenue Code as amended to
20December 31, 2006, excluding sections 103, 104, and 110 of P.L.
102-227, sections
2113113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
221202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
23106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
24107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
25108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
1108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
2108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
31329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
4109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
5(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of P.L.
6109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432, and as indirectly
7affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
8P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and
9823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
10101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
11103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
12sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
13103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
141123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
15104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
16106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
17P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
18107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a)
19of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
20excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
21excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
22excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
23excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
24108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
251305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
1109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
2section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
3relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
4109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
5109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
6109-280. The Internal Revenue Code applies for Wisconsin purposes at the same
7time as for federal purposes. Amendments to the federal Internal Revenue Code
8enacted after December 31, 2006, do not apply to this paragraph with respect to
9taxable years beginning after December 31, 2006.
AB1, s. 44
10Section
44. 71.22 (9a) of the statutes is created to read:
AB1,37,1711
71.22
(9a) "Qualified real estate investment trust" means a real estate
12investment trust, except a real estate investment trust of which more than 50
13percent of the voting power or value of the beneficial interests or shares are owned
14or controlled, directly or indirectly, by a single entity that is subject to sections
301 15to
385 of the Internal Revenue Code, that is not exempt under s. 71.26 (1), and that
16is not a real estate investment trust or a qualified real estate trust subsidiary under
17section
856 (i) of the Internal Revenue Code.
AB1, s. 45
18Section
45. 71.22 (9c) of the statutes is created to read:
AB1,37,2019
71.22
(9c) "Real estate investment trust" means a real estate investment trust
20under section
856 of the Internal Revenue Code.
AB1, s. 46
21Section
46. 71.22 (9d) of the statutes is created to read:
AB1,37,2322
71.22
(9d) "Real estate mortgage investment conduit" means a real estate
23mortgage investment conduit under section
860D of the Internal Revenue Code.
AB1, s. 47
24Section
47. 71.22 (9e) of the statutes is created to read:
AB1,38,2
171.22
(9e) "Regulated investment company" means a regulated investment
2company under section
851 of the Internal Revenue Code.
AB1, s. 48
3Section
48. 71.26 (2) (b) of the statutes is repealed and recreated to read:
AB1,38,64
71.26
(2) (b)
Regulated investment companies, real estate investment trusts,
5and real estate mortgage investment conduits. 1. In this paragraph, except as
6provided in subds. 2. to 4., "net income" means one of the following:
AB1,38,97
a. That part of the federal regulated investment company income that is subject
8to federal tax as provided in sections
851 and
852 of the Internal Revenue Code,
9including federal undistributed net capital gain.
AB1,38,1610
b. That part of the federal real estate investment trust income that is subject
11to federal tax as provided in sections
856 and
857 of the Internal Revenue Code,
12including federal undistributed net capital gain, federal net income from foreclosure
13property, and federal net income derived from prohibited transactions. The
14treatment of certain wholly owned subsidiaries under section
856 (i) of the Internal
15Revenue Code shall apply in computing the net income of a real estate investment
16trust.
AB1,38,2017
c. That part of the federal real estate mortgage investment conduit income that
18is subject to federal tax, including federal net income derived from prohibited
19transactions under section
860F of the Internal Revenue Code and federal net
20income from foreclosure property under section
860G of the Internal Revenue Code.
AB1,38,2421
2. Property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be
22depreciated for taxable years 1983 to 1986 under the Internal Revenue Code as
23amended to December 31, 1980, shall continue to be depreciated under the Internal
24Revenue Code as amended to December 31, 1980.
AB1,39,6
13. With regard to federal regulated investment company income, federal real
2estate investment trust income, and federal real estate mortgage investment conduit
3income, the appropriate amount shall be added or subtracted to reflect differences
4between the depreciation or adjusted basis for federal income tax purposes and the
5depreciation or adjusted basis under this chapter of any property disposed of during
6the taxable year.
AB1,39,107
4. The dividend paid deduction otherwise allowed by federal law in computing
8net income of a real estate investment trust that is subject to federal income tax shall
9be added back in computing the tax imposed under this chapter unless the real estate
10investment trust is a qualified real estate investment trust.
AB1, s. 49
11Section
49. 84.013 (2) of the statutes is amended to read:
AB1,39,1412
84.013
(2) (a) Subject to ss. 84.555 and 86.255, major highway projects shall
13be funded from the appropriations under ss. 20.395 (3) (bq) to (bx) and (4) (jq) and
1420.866 (2) (ur) to (uum)
and (uut).
AB1,39,1715
(b) Except as provided in ss. 84.014, 84.03 (3), and 84.555, and subject to s.
1686.255, reconditioning, reconstruction and resurfacing of highways shall be funded
17from the appropriations under ss. 20.395 (3) (cq) to (cx) and 20.866 (2) (uur)
and (uut).
AB1, s. 50
18Section
50. 84.014 (2) of the statutes is amended to read:
AB1,39,2319
84.014
(2) Subject to ss. 84.555 and 86.255, any southeast Wisconsin freeway
20rehabilitation projects, including the Marquette interchange reconstruction project
21and projects that involve adding one or more lanes 5 miles or more in length to the
22existing freeway, may be funded only from the appropriations under ss. 20.395 (3)
23(cr), (ct), (cw), and (cy) and 20.866 (2) (uum)
and, (uup)
, and (uut).
AB1, s. 51
24Section
51. 84.557 of the statutes is created to read:
AB1,40,7
184.557 Additional funding of major highway projects and southeast
2Wisconsin freeway and state highway rehabilitation projects. 3Notwithstanding ss. 84.51, 84.555, 84.59, and 84.95, major highway projects, as
4defined under s. 84.013 (1) (a), for the purposes of ss. 84.06 and 84.09, southeast
5Wisconsin freeway rehabilitation projects under s. 84.014, and state highway
6rehabilitation projects for the purposes specified in s. 20.395 (3) (cq), may be funded
7with the proceeds of general obligation bonds issued under s. 20.866 (2) (uut).
AB1, s. 52
8Section
52. 146.99 of the statutes is repealed.
AB1, s. 9101
9Section 9101.
Nonstatutory provisions; Administration.
AB1,40,16
10(1)
Disbursements. Notwithstanding section 16.50 (5) of the statutes, during
11the 2007-09 fiscal biennium, in the event that the secretary of administration
12determines that previously authorized expenditures will exceed revenues in the
13current or forthcoming fiscal year by more than 2 percent of the estimated general
14purpose revenue appropriations for that fiscal year, he or she may not decline to
15approve an estimate or to draw a warrant under this section 16.50 (5) of the statues,
16but shall instead proceed under subsection (2).
AB1,40,1717
(2)
Revenue shortfall.
AB1,40,2418
(a)
Notwithstanding section 16.50 (7) (a) of the statutes, during the 2007-09
19fiscal biennium, if the secretary of administration determines that previously
20authorized expenditures will exceed revenues in the current or forthcoming fiscal
21year by more than 2 percent of the estimated general purpose revenue
22appropriations for that fiscal year, he or she may not take any action under section
2316.50 (2) of the statutes and shall immediately notify the governor, the presiding
24officers of each house of the legislature, and the joint committee on finance.
AB1,41,9
1(b)
Notwithstanding section 16.50 (7) (b) of the statutes, during the 2007-09
2fiscal biennium, following the notification under paragraph (a), the governor shall
3submit a bill containing his or her recommendations for correcting the imbalance
4between projected revenues and authorized expenditures, including a
5recommendation as to whether moneys should be transferred from the budget
6stabilization fund to the general fund. If the legislature is not in a floorperiod at the
7time of the secretary's notification, the governor shall call a special session of the
8legislature to take up the matter of the projected revenue shortfall and the governor
9shall submit his or her bill for consideration at that session.
AB1,41,17
10(3)
Temporary reallocations to the general fund. Notwithstanding section
1120.002 (11) (b) 2. of the statutes, except as provided in section 20.002 (11) (b) 3. of the
12statutes, the secretary of administration, during the 2007-09 fiscal biennium, shall
13limit the total amount of any temporary reallocations to the general fund at any one
14time during a fiscal year to an amount equal to 10 percent of the total amounts shown
15in the schedule under section 20.005 (3) of the statues, as affected by the acts of 2007,
16of appropriations of general purpose revenues, calculated by the secretary as of that
17time and for that fiscal year.
AB1, s. 9130
18Section 9130.
Nonstatutory provisions; legislature.
AB1,42,219
(1)
Required general fund structural balance. Notwithstanding section
2020.003 (4m) of the statutes, no bill may be adopted by the legislature during the
212007-09 fiscal biennium if the bill would cause in any fiscal year the amount of
22moneys designated as "Total Expenditures" in the summary under section 20.005 (1)
23of the statutes, as affected by the acts of 2007, for that fiscal year to exceed the sum
24of the amounts of moneys designated as "Taxes" and "Departmental Revenues" in the
1summary under section 20.005 (1) of the statutes, as affected by the acts of 2007, for
2that fiscal year plus the balance of the budget stabilization fund.
AB1, s. 9148
3Section 9148.
Nonstatutory provisions; Transportation.
AB1,42,14
4(1) J
oint finance committee supplemental funding related to REAL ID Act
5implementation. Notwithstanding section 13.101 (1), (3), and (5) of the statutes, the
6joint committee on finance may not, for purposes relating to implementation of the
7federal REAL ID Act of 2005, supplement in fiscal year 2007-08, from the
8appropriation account under section 20.865 (4) (u) of the statutes, any appropriation
9of the department of transportation unless after the supplement there remains
10unexpended in fiscal year 2007-08 at least $5,000,000 of the amount estimated in
11the schedule under section 20.005 (3) of the statutes, as created by
2007 Wisconsin
12Act 20, for the appropriation account under section 20.865 (4) (u) of the statutes, for
13expenditures of the department of transportation in fiscal year 2007-08 relating to
14implementation of the federal REAL ID Act of 2005.
AB1,42,19
15(2)
Estimates for certain department of transportation appropriations. 16Notwithstanding s. 84.03 (2), the secretary of administration and department of
17transportation shall estimate the following additional revenues, for the following
18appropriations, which additional revenues are not reflected in the schedule under
19section 20.005 (3) of the statutes, as created by
2007 Wisconsin Act 20:
AB1,42,2220
(a) Additional revenues of $48,032,500 in fiscal year 2007-08, and additional
21revenues of $18,967,500 in fiscal year 2008-09, for the appropriation account under
22section 20.395 (3) (br) of the statutes.
AB1,42,2423
(b) Additional revenues of $10,967,500 in fiscal year 2007-08 for the
24appropriation account under section 20.395 (3) (bx) of the statutes.
AB1,43,2
1(c) Additional revenues of $58,000,000 in fiscal year 2007-08 for the
2appropriation account under section 20.395 (3) (cx) of the statutes.
AB1,43,43
(d) Additional revenues of $8,000,000 in fiscal year 2007-08 for the
4appropriation account under section 20.395 (3) (cy) of the statutes.
AB1,43,75
(3)
Estimates for certain department of transportation bond proceeds. The
6secretary of administration and department of transportation shall estimate
7additional revenues derived from general obligation bonding as follows:
AB1,43,108
(a) Additional revenues of $67,500,000 in fiscal year 2007-08, and additional
9revenues of $80,000,000 in fiscal year 2008-09, from proceeds of general obligation
10bonds issued under s. 20.866 (2) (uut), to fund state highway rehabilitation projects.
AB1,43,1411
(b) Additional revenues of $22,500,000 in fiscal year 2007-08, and additional
12revenues of $20,000,000 in fiscal year 2008-09, from proceeds of general obligation
13bonds issued under s. 20.866 (2) (uut), to fund southeast Wisconsin freeway
14rehabilitation projects.
AB1,43,2115
(4)
Department of transportation requests for 2009-11 biennial budget bill. 16Notwithstanding section 16.42 (1) (e) of the statutes, in submitting information
17under section 16.42 of the statutes for purposes of the 2009-11 biennial budget bill,
18the department of transportation shall submit dollar amounts reflecting the
19following modifications, for the following appropriations, before submitting any
20information relating to any increase or decrease in the dollar amounts for these
21appropriations for the 2009-11 fiscal biennium:
AB1,43,2422
(a) For the appropriation under section 20.395 (3) (bq) of the statutes, a dollar
23amount that is $18,967,500 more than the total amount appropriated under section
2420.395 (3) (bq) of the statutes for the 2008-09 fiscal year.
AB1,44,3
1(b) For the appropriation under section 20.395 (3) (cq) of the statutes, a dollar
2amount that is $80,000,000 more than the total amount appropriated under section
320.395 (3) (cq) of the statutes for the 2008-09 fiscal year.
AB1,44,64
(c) For the appropriation under section 20.395 (3) (cr) of the statutes, a dollar
5amount that is $20,000,000 more than the total amount appropriated under section
620.395 (3) (cr) of the statutes for the 2008-09 fiscal year.
AB1,44,8
8(1)
Transfers from the budget stabilization fund to the general fund.
AB1,44,129
(a)
If the secretary of administration determines that the projected general
10fund balance on June 30, 2008, will be less than the amount required under section
1120.003 (4) (ft) of the statutes, the secretary may transfer during the 2007-08 fiscal
12year any amount of moneys from the budget stabilization fund to the general fund.
AB1,44,1613
(b)
If the secretary of administration determines that the projected general
14fund balance on June 30, 2009, will be less than the amount required under section
1520.003 (4) (fv) of the statutes, the secretary may transfer during the 2008-09 fiscal
16year any amount of moneys from the budget stabilization fund to the general fund.
AB1,44,18
17(2) L
apse or transfer of any unencumbered moneys in appropriation accounts
18and funds.
AB1,45,219
(a) Notwithstanding sections 20.001 (3) (a) to (c) and 25.40 (3) of the statutes,
20but subject to paragraphs (b) and (c), the secretary of administration shall lapse to
21the general fund or transfer to the general fund from the unencumbered balances of
22appropriations to executive branch state agencies, other than sum sufficient
23appropriations and appropriations of federal revenues, an amount equal to
24$330,400,000 during the 2007-09 fiscal biennium and $330,400,000 during the
252009-11 fiscal biennium. The amounts lapsed or transferred under this paragraph
1shall be in addition to the amounts lapsed or transferred under
2007 Wisconsin Act
220, section
9201 (1c) (a) to (c).
AB1,45,63
(b) The secretary of administration may not lapse or transfer moneys under
4paragraph (a) if the lapse or transfer would violate a condition imposed by the federal
5government on the expenditure of the moneys or if the lapse or transfer would violate
6the federal or state constitution.
AB1,45,107
(c) Not more than a total of $293,000,000 may be lapsed or transferred under
8paragraph (a) and
2007 Wisconsin Act 20, section
9201 (1c) (a), during the 2007-09
9fiscal biennium to the general fund from appropriations to the department of
10transportation.
AB1, s. 9221
11Section 9221.
Fiscal changes; Health and Family Services.
AB1,45,17
12(1)
Medical Assistance general purpose revenue decrease. In the schedule
13under section 20.005 (3) of the statutes for the appropriation to the department of
14health and family services under section 20.435 (4) (b) of the statutes, as affected by
15the acts of 2007, the dollar amount is decreased by $60,000,000 for fiscal year
162007-08 and the dollar amount is decreased by $62,500,000 for fiscal year 2008-09
17for the purposes for which the appropriation is made.
AB1,45,2218
(2)
Hospital assessment fund transfer. The department of administration
19shall transfer from the hospital assessment fund to the Medical Assistance trust
20fund $58,500,000 in fiscal year 2007-08 and $65,000,000 in fiscal year 2008-09, as
21adjusted, if necessary, to comply with section 50.375 (6) of the statutes, as created by
22this act.
AB1,46,323
(3)
Medical Assistance trust fund appropriation increase. In the schedule
24under section 20.005 (3) of the statutes for the appropriation to the department of
25health and family services under section 20.435 (4) (w) of the statutes, as affected by
1the acts of 2007, the dollar amount is increased by $58,500,000 for fiscal year
22007-08 and the dollar amount is increased by $65,000,000 for fiscal year 2008-09
3for the purposes for which the appropriation is made.
AB1,46,9
4(4)
Medical Assistance program benefits. In the schedule under section
520.005 (3) of the statutes for the appropriation to the department of health and family
6services under section 20.435 (4) (b) of the statutes, as affected by the acts of 2007,
7the dollar amount is decreased by $15,000,000 for fiscal year 2007-08 and the dollar
8amount is decreased by $15,000,000 for fiscal year 2008-09 to reduce funding for the
9purposes for which the appropriation is made.
AB1, s. 9237
10Section 9237.
Fiscal changes; Public Instruction.
AB1,46,1111
(1)
Public library system aid.
AB1,46,1612
(a) In the schedule under section 20.005 (3) of the statutes for the appropriation
13to the department of public instruction under section 20.255 (3) (e) of the statutes,
14as affected by the acts of 2007, the dollar amount is decreased by $11,297,400 for
15fiscal year 2008-09 to decrease funding for the purpose for which the appropriation
16is made.
AB1,46,2117
(b) In the schedule under section 20.005 (3) of the statutes for the appropriation
18to the department of public instruction under section 20.255 (3) (qm) of the statutes,
19as affected by the acts of 2007, the dollar amount is increased by $11,297,400 for
20fiscal year 2008-09 to increase funding for the purpose for which the appropriation
21is made.
AB1, s. 9248
22Section 9248.
Fiscal changes; Transportation.
AB1,46,25
23(1)
Transfer to general fund. Notwithstanding section 25.40 (3) (a) of the
24statutes, the secretary of administration shall transfer $5,000,000 from the
25transportation fund to the general fund in fiscal year 2007-08.
AB1,47,6
1(2)
Appropriation changes for major highway projects. In the schedule under
2section 20.005 (3) of the statutes for the appropriation to the department of
3transportation under section 20.395 (3) (bq) of the statutes, as affected by the acts
4of 2007, the dollar amount is decreased by $59,000,000 for fiscal year 2007-08 and
5the dollar amount is decreased by $18,967,500 for fiscal year 2008-09 to decrease
6funding for major development of state trunk and connecting highways.
AB1,47,147
(3)
Appropriation changes for state highway rehabilitation projects. In the
8schedule under section 20.005 (3) of the statutes for the appropriation to the
9department of transportation under section 20.395 (3) (cq) of the statutes, as affected
10by the acts of 2007, the dollar amount is decreased by $125,500,000 for fiscal year
112007-08 and the dollar amount is decreased by $80,000,000 for fiscal year 2008-09
12to decrease funding for improvement of existing state trunk and connecting
13highways and construction and rehabilitation of the national system of interstate
14and defense highways and bridges and related appurtenances.
AB1,47,2115
(4)
Appropriation changes for southeast Wisconsin freeway rehabilitation
16projects. In the schedule under section 20.005 (3) of the statutes for the
17appropriation to the department of transportation under section 20.395 (3) (cr) of the
18statutes, as affected by the acts of 2007, the dollar amount is decreased by
19$30,500,000 for fiscal year 2007-08 and the dollar amount is decreased by
20$20,000,000 for fiscal year 2008-09 to decrease funding for rehabilitation of
21southeast Wisconsin freeways.
AB1,48,3
1(1)
Real estate investment trust; regulated investment company. The
2treatment of section 71.26 (2) (b) of the statutes first applies to taxable years
3beginning on July 1, 2008.
