OC7 SB1: Bill Text

SB1,78,16 5. A description of the counterparty risk, the termination risk, and other risks associated with each agreement.

SB1, s. 153 Section 153. 18.74 of the statutes is amended to read:

SB1,78,24 18.74 Application of operating note proceeds. All moneys resulting from the contracting of operating notes or any payment to be received under an agreement or ancillary arrangement entered into under s. 18.73 (5) with respect to any such operating notes shall be credited to the general fund, except that moneys which represent premium and accrued interest on operating notes, or moneys for purposes of funding or refunding operating notes pursuant to s. 18.72 (1) shall be credited to the operating note redemption fund.

SB1, s. 154 Section 154. 18.75 (2) of the statutes is amended to read:

SB1,79,6 18.75 (2) The operating note redemption fund shall be expended and all moneys from time to time on hand therein are irrevocably appropriated, in sums sufficient, only for the payment of principal and interest on operating notes giving rise to it and premium, if any, due upon refunding or early redemption of such operating notes, and for the payment due, if any, under an agreement or ancillary arrangement entered into under s. 18.73 (5) with respect to such operating notes.

SB1, s. 155 Section 155. 18.75 (4) of the statutes is amended to read:

SB1,79,22 18.75 (4) There shall be transferred, under s. 20.855 (1) (a), a sum sufficient for the payment of the principal, interest and premium due, if any, on the and for the payment due, if any, under an agreement or ancillary arrangement entered into pursuant to s. 18.73 (5) with respect to operating notes giving rise to it as the same falls due. Such transfers shall be so timed that there is at all times on hand in the fund an amount not less than the amount to be paid out of it during the ensuing 30 days or such other period if so provided for in the authorizing resolution. The commission may pledge the deposit of additional amounts at periodic intervals and the secretary of the department may impound moneys of the general fund, including moneys temporarily reallocated from other funds under s. 20.002 (11), in accordance with the pledge of revenues in the authorizing resolution, and all such impoundments are deemed to be payments for purposes of s. 16.53 (10), but no such impoundment may be made until the amounts to be paid into the bond security and redemption fund under s. 18.09 during the ensuing 30 days have been deposited in the bond security and redemption fund.

SB1, s. 156 Section 156. 19.32 (1) of the statutes is amended to read:

SB1,80,9 19.32 (1) "Authority" means any of the following having custody of a record: a state or local office, elected official, agency, board, commission, committee, council, department or public body corporate and politic created by constitution, law, ordinance, rule or order; a governmental or quasi-governmental corporation except for the Bradley center sports and entertainment corporation; a local exposition district under subch. II of ch. 229; a family long-term care district under s. 46.2895; any court of law; the assembly or senate; a nonprofit corporation which receives more than 50% of its funds from a county or a municipality, as defined in s. 59.001 (3), and which provides services related to public health or safety to the county or municipality; a nonprofit corporation operating the Olympic ice training center under s. 42.11 (3); or a formally constituted subunit of any of the foregoing.

SB1, s. 157 Section 157. 19.42 (10) (p) of the statutes is repealed.

SB1, s. 158e Section 158e. 19.42 (10) (r) of the statutes is created to read:

SB1,80,13 19.42 (10) (r) The employees and members of the board of directors of the Lower Fox River Remediation Authority.

SB1, s. 159 Section 159. 19.42 (13) (o) of the statutes is repealed.

SB1, s. 161 Section 161. 19.55 (2) (b) of the statutes is amended to read:

SB1,80,25 19.55 (2) (b) Records obtained or prepared by the board in connection with an investigation, except that the board shall permit inspection of records that are made public in the course of a hearing by the board to determine if a violation of this subchapter or subch. III of ch. 13 has occurred. Whenever the board refers such investigation and hearing records to a district attorney or to the attorney general, they may be made public in the course of a prosecution initiated under this subchapter. The board shall also provide information from investigation and hearing records that pertains to the location of individuals and assets of individuals as requested under s. 49.22 (2m) by the department of workforce development children and families or by a county child support agency under s. 59.53 (5).

SB1, s. 162 Section 162. 19.55 (2) (d) of the statutes is amended to read:

SB1,81,6 19.55 (2) (d) Records of the social security number of any individual who files an application for licensure as a lobbyist under s. 13.63 or who registers as a principal under s. 13.64, except to the department of workforce development children and families for purposes of administration of s. 49.22 or to the department of revenue for purposes of administration of s. 73.0301.

SB1, s. 162h Section 162h. 19.62 (8) of the statutes is amended to read:

SB1,81,13 19.62 (8) "State authority" means an authority that is a state elected official, agency, board, commission, committee, council, department or public body corporate and politic created by constitution, statute, rule or order; a state governmental or quasi-governmental corporation; the supreme court or court of appeals; or the assembly or senate; or a nonprofit corporation operating the Olympic Ice Training Center under s. 42.11 (3).

SB1, s. 163 Section 163. 19.82 (1) of the statutes is amended to read:

SB1,81,24 19.82 (1) "Governmental body" means a state or local agency, board, commission, committee, council, department or public body corporate and politic created by constitution, statute, ordinance, rule or order; a governmental or quasi-governmental corporation except for the Bradley center sports and entertainment corporation; a local exposition district under subch. II of ch. 229; a family long-term care district under s. 46.2895; a nonprofit corporation operating the Olympic ice training center under s. 42.11 (3); or a formally constituted subunit of any of the foregoing, but excludes any such body or committee or subunit of such body which is formed for or meeting for the purpose of collective bargaining under subch. I, IV or V of ch. 111.

SB1, s. 163p Section 163p. 19.84 (5) of the statutes is amended to read:

SB1,82,5 19.84 (5) Departments and their subunits in any University of Wisconsin System institution or campus and a nonprofit corporation operating the Olympic Ice Training Center under s. 42.11 (3) are exempt from the requirements of subs. (1) to (4) but shall provide meeting notice which is reasonably likely to apprise interested persons, and news media who have filed written requests for such notice.

SB1, s. 163v Section 163v. 19.85 (1) (j) of the statutes is repealed.

SB1, s. 165 Section 165. 19.86 of the statutes is amended to read:

SB1,82,15 19.86 Notice of collective bargaining negotiations. Notwithstanding s. 19.82 (1), where notice has been given by either party to a collective bargaining agreement under subch. I, IV or V of ch. 111 to reopen such agreement at its expiration date, the employer shall give notice of such contract reopening as provided in s. 19.84 (1) (b). If the employer is not a governmental body, notice shall be given by the employer's chief officer or such person's designee. This section does not apply to a nonprofit corporation operating the Olympic Ice Training Center under s. 42.11 (3).

SB1, s. 166 Section 166. 20.001 (2) (e) of the statutes is amended to read:

SB1,82,24 20.001 (2) (e) Federal revenues. "Federal revenues" consist of moneys received from the federal government, except that under s. 20.445 (3) 20.437 (2) (md) "federal revenues" also include moneys treated as refunds of expenditures, and under s. 20.445 (3) 20.437 (2) (me) "federal revenues" consist only of moneys treated as received from the federal government. Federal revenues may be deposited as program revenues in the general fund or as segregated revenues in a segregated fund. In either case they are indicated in s. 20.005 by the addition of "-F" after the abbreviation assigned under pars. (b) and (d).

SB1, s. 167 Section 167. 20.001 (5) of the statutes is amended to read:

SB1,84,2 20.001 (5) Refunds of expenditures. Any amount not otherwise appropriated under this chapter that is received by a state agency as a result of an adjustment made to a previously recorded expenditure from a sum certain appropriation to that agency due to activities that are of a temporary nature or activities that could not be anticipated during budget development and which serves to reduce or eliminate the previously recorded expenditure in the same fiscal year in which the previously recorded expenditure was made, except as provided in s. 20.445 (3) 20.437 (2) (md), may, upon request of the agency, be designated by the secretary of administration as a refund of an expenditure. Except as otherwise provided in this subsection, the secretary of administration may designate an amount received by a state agency as a refund of an expenditure only if the agency submits to the secretary a written explanation of the circumstances under which the amount was received that includes a specific reference in a statutory or nonstatutory law to a function of the agency under which the amount was received and the appropriation from which the previously recorded expenditure was made. A refund of an expenditure shall be deposited by the receiving state agency in the appropriation account from which the previously recorded expenditure was made. Except as otherwise provided in this subsection, a state agency which proposes to make an expenditure from moneys designated as a refund of an expenditure shall submit to the secretary of administration a written explanation of the purpose of the expenditure, including a specific reference in a statutory or nonstatutory law to a function of the agency under which the expenditure is to be made and the appropriation from which the expenditure is to be made. After submission and approval of an estimate of the amount proposed to be expended under s. 16.50 (2), a state agency may expend the moneys received from the refund of the expenditure. The secretary of administration may waive submission of any explanation required by this subsection for categories of refunds of expenditures or proposed refunds of expenditures.

SB1, s. 167e Section 167e. 20.003 (2) of the statutes is amended to read:

SB1,84,10 20.003 (2) Revisor's Legislative reference bureau authority. All appropriations made by the legislature shall be listed in this chapter. The revisor of statutes legislative reference bureau shall assign numbers in this chapter to any appropriation not so numbered and if appropriation laws are enacted which are not numbered to correspond with the numbering system of this chapter as outlined in sub. (3), the revisor of statutes legislative reference bureau shall renumber such laws accordingly.

SB1, s. 168 Section 168. 20.003 (4) (fm) of the statutes is repealed.

SB1, s. 169 Section 169. 20.003 (4) (fr) of the statutes is repealed.

SB1, s. 172 Section 172. 20.003 (4) (fw) of the statutes is created to read:

SB1,84,14 20.003 (4) (fw) For fiscal year 2009-10, $65,000,000.

SB1, s. 173 Section 173. 20.003 (4) (fx) of the statutes is created to read:

SB1,84,16 20.003 (4) (fx) For fiscal year 2010-11, $65,000,000.

SB1, s. 174 Section 174. 20.003 (4) (g) of the statutes is amended to read:

SB1,84,19 20.003 (4) (g) For fiscal year 2009-10 2011-12 and each fiscal year thereafter, 2%.

SB1, s. 174e Section 174e. 20.004 (2) of the statutes is amended to read:

SB1,85,10 20.004 (2) Immediately following the final adjournment of the legislature, or at convenient intervals prior thereto, the department of administration shall amend the schedule and summaries set forth in s. 20.005 to include all fiscal acts of the legislature, and submit the composite amended schedule and summaries to the joint committee on finance for approval. When approved, the department of administration shall then submit the schedule and summaries to the revisor of statutes who legislative reference bureau, which shall print the revised schedules and summaries of all state funds in the ensuing issue of the statutes as part of s. 20.005 and in lieu of the schedules and summaries printed in the preceding issue of the statutes. If any conflict exists between ss. 20.115 to 20.875 and s. 20.005, ss. 20.115 to 20.875 shall control and s. 20.005 shall be changed to correspond with ss. 20.115 to 20.875. All appropriations are to be rounded to the nearest $100 and if any appropriation is made which is not so rounded the department of administration, when preparing the composite amended schedule and summaries, shall show the appropriation increased to the next $100.

SB1, s. 175 Section 175. 20.005 (1) of the statutes is repealed and recreated to read:

SB1,85,14 20.005 (1) Summary of all funds. The budget governing fiscal operations for the state of Wisconsin for all funds beginning on July 1, 2007, and ending on June 30, 2009, is summarized as follows: [See Figure 20.005 (1) following]

SB1,85,16 Figure: 20.005 (1)

SB1,85,17 GENERAL FUND SUMMARY - See PDF for table

SB1,86,3 *Includes $85,490,700 GPR in fiscal year 2007-08 and $90,414,400 GPR in fiscal year 2008-09 related to a GPR debt service appropriation under the Department of Transportation that is not included in this act.

SUMMARY OF APPROPRIATIONS — ALL FUNDS - See PDF for table

SUMMARY OF COMPENSATION RESERVES — ALL FUNDS - See PDF for table

LOTTERY FUND SUMMARY - See PDF for table

SB1, s. 176 Section 176. 20.005 (2) of the statutes is repealed and recreated to read:

SB1,88,5 20.005 (2) State borrowing program summary. The following schedule sets forth the state borrowing program summary: [See Figures 20.005 (2) (a) and (b) following]

SB1,88,7 Figure: 20.005 (2) (a)

SB1,88,8 SUMMARY OF BONDING AUTHORITY MODIFICATIONS 2007-09 FISCAL BIENNIUM - See PDF for table

SB1,91,2 Figure: 20.005 (2) (b)

SB1,91,3 GENERAL OBLIGATION AND BUILDING CORPORATION DEBT SERVICE FISCAL YEARS 2007-08 AND 2008-09 - See PDF for table

SB1, s. 177 Section 177. 20.005 (3) of the statutes, except as it affects 20.395 of the statutes, is repealed and recreated to read:

SB1,98,9 20.005 (3) Appropriations. The following schedule sets forth all annual, biennial, and sum certain continuing appropriations and anticipated expenditures from other appropriations for the programs and other purposes indicated. All appropriations are made from the general fund unless otherwise indicated. The letter abbreviations shown designating the type of appropriation apply to both fiscal years in the schedule unless otherwise indicated. [See Figure 20.005 (3) following] - See PDF for table

SB1, s. 178 Section 178. 20.115 (1) (d) of the statutes is repealed.

SB1, s. 179 Section 179. 20.115 (1) (k) of the statutes is repealed.

SB1, s. 179j Section 179j. 20.115 (1) (u) of the statutes is amended to read:

SB1,279,6 20.115 (1) (u) Recyclable and nonrecyclable products regulation. From the recycling and renewable energy fund, the amounts in the schedule for the implementation and enforcement of ss. 100.29, 100.295 and 100.33.

SB1, s. 180 Section 180. 20.115 (2) (d) of the statutes is amended to read:

SB1,280,2 20.115 (2) (d) Principal repayment and interest. A sum sufficient to reimburse s. 20.866 (1) (u) for the payment of principal and interest costs incurred in financing the acquisition, construction, development, enlargement or improvement of department facilities and, to make the payments determined by the building commission under s. 13.488 (1) (m) that are attributable to the proceeds of obligations incurred in financing this acquisition, construction, development, enlargement, or improvement, and to make payments under an agreement or ancillary arrangement entered into under s. 18.06 (8) (a).

SB1, s. 181 Section 181. 20.115 (3) (title) of the statutes is amended to read:

SB1,280,4 20.115 (3) (title) Marketing Agricultural development services.

SB1, s. 182 Section 182. 20.115 (3) (g) of the statutes is amended to read:

SB1,280,9 20.115 (3) (g) Related services. The amounts in the schedule for the conduct of authorized marketing agricultural development services. All moneys received from authorized fees related to marketing agricultural development services shall be credited to this appropriation account.

SB1, s. 183 Section 183. 20.115 (3) (ja) of the statutes is amended to read:

SB1,280,15 20.115 (3) (ja) Marketing Agricultural development services and materials. All moneys received from publication sales and service fees authorized by law that are related to marketing agricultural development, for the publication of informational materials and the provision of services related to marketing agricultural development.

SB1, s. 183p Section 183p. 20.115 (4) (am) of the statutes is created to read:

SB1,280,18 20.115 (4) (am) Buy local grants. Biennially, the amounts in the schedule for buy local grants under s. 93.48.

SB1, s. 185 Section 185. 20.115 (4) (d) of the statutes is repealed.

SB1, s. 185t Section 185t. 20.115 (4) (qm) of the statutes is created to read:

SB1,280,23 20.115 (4) (qm) Grants for soybean crushing facilities. Biennially, from the recycling fund, the amounts in the schedule for grants for soybean crushing facilities under 2007 Wisconsin Act .... (this act), section 9103 (4u).

SB1, s. 186m Section 186m. 20.115 (4) (s) of the statutes is created to read:

SB1,281,3 20.115 (4) (s) Grazing lands conservation. From the agrichemical management fund, the amounts in the schedule for grants for the Wisconsin grazing lands conservation initiative under s. 93.60.

SB1, s. 188 Section 188. 20.115 (7) (b) of the statutes is amended to read:

SB1,281,11 20.115 (7) (b) Principal repayment and interest, conservation reserve enhancement. A sum sufficient to reimburse s. 20.866 (1) (u) for the principal and interest costs incurred in financing the conservation reserve enhancement program under s. 20.866 (2) (wf) and, to make the payments determined by the building commission under s. 13.488 (1) (m) that are attributable to the proceeds of obligations incurred in financing those projects, and to make payments under an agreement or ancillary arrangement entered into under s. 18.06 (8) (a).

SB1, s. 189 Section 189. 20.115 (7) (d) of the statutes is repealed.

SB1, s. 190 Section 190. 20.115 (7) (e) of the statutes is repealed.