AB1039,45 21Section 45. 20.505 (1) (tj) of the statutes is renumbered 20.585 (2) (u) and
22amended to read:
AB1039,22,223 20.585 (2) (u) Payment of qualified higher education expenses and refunds;
24college savings program bank deposit trust fund.
From the college savings program

1bank deposit trust fund, a sum sufficient for the payment of qualified higher
2education expenses and refunds under s. 16.641 14.64 (2) and (3).
AB1039,46 3Section 46. 20.505 (1) (tL) of the statutes is renumbered 20.585 (2) (um) and
4amended to read:
AB1039,22,85 20.585 (2) (um) Administrative expenses; college savings program bank deposit
6trust fund.
From the college savings program bank deposit trust fund, the amounts
7in the schedule for the administrative expenses of the college savings program under
8s. 16.641 14.64, including the expense of promoting the program.
AB1039,47 9Section 47. 20.505 (1) (tn) of the statutes is renumbered 20.585 (2) (v) and
10amended to read:
AB1039,22,1411 20.585 (2) (v) Payment of qualified higher education expenses and refunds;
12college savings program credit union deposit trust fund.
From the college savings
13program credit union deposit trust fund, a sum sufficient for the payment of qualified
14higher education expenses and refunds under s. 16.641 14.64 (2) and (3).
AB1039,48 15Section 48. 20.505 (1) (tp) of the statutes is renumbered 20.585 (2) (vm) and
16amended to read:
AB1039,22,2017 20.585 (2) (vm) Administrative expenses; college savings program credit union
18deposit trust fund.
From the college savings program credit union deposit trust fund,
19the amounts in the schedule for the administrative expenses of the college savings
20program under s. 16.641 14.64, including the expense of promoting the program.
AB1039,49 21Section 49. 20.566 (4) of the statutes is repealed.
AB1039,50 22Section 50. 20.585 (1) (a) of the statutes is created to read:
AB1039,22,2423 20.585 (1) (a) General program operations. As a continuing appropriation, the
24amounts in the schedule for the general program operations of the state treasurer.
AB1039,51 25Section 51 . 20.585 (1) (e) of the statutes is created to read:
AB1039,23,3
120.585 (1) (e) Unclaimed property; contingency appropriation. A sum sufficient
2to pay claims under ss. 177.24 to 177.26 and 863.39 (3). Money may be paid under
3this paragraph only if sufficient funds are not available under par. (j).
AB1039,52 4Section 52 . 20.585 (1) (j) of the statutes is created to read:
AB1039,23,85 20.585 (1) (j) Unclaimed property; claims. All moneys received under ss. 177.23
6(2), 852.01 (3), 863.37 (2), and 863.39 to pay claims under ss. 177.24 to 177.26 and
7863.39 (3) and to transfer the amounts appropriated under par. (k) to the
8appropriation account under par. (k).
AB1039,53 9Section 53 . 20.585 (1) (jt) of the statutes is created to read:
AB1039,23,1310 20.585 (1) (jt) Cash management services. The amounts in the schedule for the
11cost of providing banking service cost analysis and cash management assistance for
12state agencies and state funds under s. 25.19 (3). The assessments paid under s.
1325.14 (3) shall be credited to this appropriation account.
AB1039,54 14Section 54. 20.585 (1) (k) of the statutes is amended to read:
AB1039,23,2015 20.585 (1) (k) Administrative Unclaimed property; administrative expenses.
16From moneys transferred from the appropriation account under s. 20.566 (4) par. (j),
17the amounts in the schedule for the promotion of the unclaimed property program
18under
administrative expenses incurred in administering ch. 177. Notwithstanding
19s. 20.001 (3) (a), at the end of each fiscal year the unencumbered balance in this
20appropriation shall revert to the appropriation under s. 20.566 (4) par. (j).
AB1039,55 21Section 55. 20.585 (1) (kf) of the statutes is created to read:
AB1039,23,2322 20.585 (1) (kf) Administrative services. All moneys received under s. 24.64 for
23administrative services provided to the board of commissioners of public lands.
AB1039,56 24Section 56 . 20.585 (1) (km) of the statutes is created to read:
AB1039,24,2
120.585 (1) (km) Credit card use charges. All moneys received under ss. 59.25
2(3) (j) and (k) and 85.14, to pay the charges under ss. 23.49 and 85.14 (1) (b) and (2).
AB1039,57 3Section 57. 20.585 (2) (title) of the statutes is created to read:
AB1039,24,44 20.585 (2) (title) College savings program.
AB1039,58 5Section 58. 20.906 (1) of the statutes is amended to read:
AB1039,24,156 20.906 (1) Frequency of deposits. Unless otherwise provided by law, all
7moneys collected or received by any state agency for or in behalf of the state or which
8are required by law to be turned into the state treasury shall be deposited in or
9transmitted to the state treasury at least once a week and also at other times as
10required by the governor or the secretary of administration state treasurer and shall
11be accompanied by a statement in such form as the secretary of administration state
12treasurer
may prescribe showing the amount of such collection and from whom and
13for what purpose or on what account the same was received. All moneys paid into
14the treasury shall be credited to the general purpose revenues of the general fund
15unless otherwise specifically provided by law.
AB1039,59 16Section 59. 20.906 (4) of the statutes is amended to read:
AB1039,25,217 20.906 (4) Penalties. If any state agency fails to make such deposits of money,
18or to make such reports as are required by this section, the department of
19administration, with the approval of the governor, shall withhold all moneys due
20such state agency until this section is complied with; and upon such failure to make
21such deposits of money, the officer or employee so failing shall be liable to the
22secretary of administration state treasurer for an amount equal to the interest upon
23the moneys so withheld from deposit at the same rate as that received by the state
24upon moneys held in the state investment fund, for the period for which such deposit

1is withheld; and such interest shall be a charge against the officer or employee and
2shall be deducted from that person's compensation.
AB1039,60 3Section 60. 20.906 (5) of the statutes is amended to read:
AB1039,25,154 20.906 (5) Conditions precedent to release of appropriations. All
5appropriations from state revenues for any state agency are made on the express
6conditions that such state agency pays all moneys received by it into the state
7treasury within one week of receipt or as often as otherwise directed by the governor
8or secretary of administration state treasurer, and conforms with ss. 16.53 (1) and
920.002, regardless of the type of appropriations made to the state agency. Upon
10failure to comply with this subsection, the department of administration shall refuse
11to draw its warrant and the state treasurer shall refuse to pay any moneys
12appropriated to the state agency from state revenues until the state agency complies
13with this subsection. Upon failure or refusal to so comply, after due notice received
14from the department of administration, any appropriations from state revenues to
15the state agency shall permanently revert to the fund from which appropriated.
AB1039,61 16Section 61. 20.906 (6) of the statutes is amended to read:
AB1039,25,2017 20.906 (6) Direct deposits. The governor or the secretary of administration
18state treasurer may require state agencies making deposits under this section to
19make direct deposits to any depository designated by the depository selection board,
20if such a requirement is advantageous or beneficial to this state.
AB1039,62 21Section 62. 20.907 (2) of the statutes is amended to read:
AB1039,26,422 20.907 (2) Custody and accounting. The secretary of administration state
23treasurer
shall have custody of all such gifts, grants, and bequests in the form of cash
24or securities. The department of administration shall keep a separate account for
25each state agency receiving such gifts, grants, and bequests, including therein

1investments, accumulations, payments, and any other transaction pertaining to
2such moneys. If no state agency is designated by the donor to carry out the purposes
3of the conveyance, the joint committee on finance shall appoint a state agency to act
4as trustee.
AB1039,63 5Section 63. 20.907 (5) (a) of the statutes is amended to read:
AB1039,26,96 20.907 (5) (a) Except as provided in par. (b), all moneys that may come into the
7possession of any officer or employee of a state agency by virtue of his or her office
8or employment shall be deposited with the secretary of administration state
9treasurer
, regardless of the ownership thereof.
AB1039,64 10Section 64. 20.907 (5) (b) of the statutes is amended to read:
AB1039,26,1611 20.907 (5) (b) Paragraph (a) does not apply whenever the disposition of moneys
12is otherwise provided by law or whenever a state agency receives moneys incident
13to an authorized activity that are not appropriated and not directed to be deposited
14with the secretary of administration state treasurer and the agency promulgates a
15rule that prescribes procedures in accordance with ch. 34 for the deposit of the
16moneys.
AB1039,65 17Section 65. 20.907 (5) (c) of the statutes is amended to read:
AB1039,26,2418 20.907 (5) (c) The secretary of administration state treasurer shall establish
19an account for moneys received under par. (a) from each source and shall make
20payments and refunds from each account authorized under par. (e) as directed by the
21state agency depositing the moneys, unless otherwise provided by law. Each
22payment shall be made upon submission of a claim audited under s. 16.53 and paid
23by voucher from the appropriation under s. 20.855 (6) (j) in accordance with
24procedures established by the secretary of administration.
AB1039,66 25Section 66. 20.907 (5) (d) of the statutes is amended to read:
AB1039,27,2
120.907 (5) (d) Each account under this subsection shall be established in the
2appropriate fund, as determined by the secretary of administration state treasurer.
AB1039,67 3Section 67 . 20.907 (5) (e) 12e. of the statutes is repealed.
AB1039,68 4Section 68 . 20.907 (5) (e) 12r. of the statutes is repealed.
AB1039,69 5Section 69. 20.909 (2) of the statutes is amended to read:
AB1039,27,106 20.909 (2) Escheated property. The secretary of revenue state treasurer may
7sell either at public or private sale any personal property turned over to the secretary
8state treasurer as an escheat. The proceeds of any such sale shall become a part of
9the school fund, and shall be subject to refund as specified by the provision of law
10pursuant to which the property escheated.
AB1039,70 11Section 70. 20.912 (1) of the statutes is amended to read:
AB1039,27,1812 20.912 (1) Cancellation of outstanding checks and share drafts. If any
13check, share draft, or other draft drawn and issued by the state treasurer upon the
14funds of the state in any state depository is not paid within the time period
15designated by the secretary of administration state treasurer under s. 16.401 (10)
1614.58 (12) as shown on the check or other draft, the secretary of administration state
17treasurer
shall cancel the check or other draft and credit the amount thereof to the
18fund on which it is drawn.
AB1039,71 19Section 71. 20.912 (3) of the statutes is amended to read:
AB1039,28,220 20.912 (3) Reissue of canceled checks, share drafts, and other drafts.
21Subject to sub. (2), when the payee or person entitled to any check, share draft, or
22other draft canceled under sub. (1) by the state treasurer, or the payee or person
23entitled to any warrant so canceled by the department of administration, demands
24such check, share draft, other draft, or warrant or payment thereof, the department

1of administration shall issue a new warrant therefor, to be paid from the appropriate
2appropriation account under s. 20.855 (1) (bm), (gm), or (rm).
AB1039,72 3Section 72. 20.912 (4) of the statutes is amended to read:
AB1039,28,144 20.912 (4) Insolvent depositories. When the bank, savings and loan
5association, savings bank, or credit union on which any check, share draft, or other
6draft is drawn by the secretary of administration state treasurer before payment of
7such check, share draft, or other draft becomes insolvent or is taken over by the
8division of banking, the federal home loan bank board, the U.S. office of thrift
9supervision, the federal deposit insurance corporation, the resolution trust
10corporation, the office of credit unions, the administrator of federal credit unions, or
11the U.S. comptroller of the currency, the secretary of administration state treasurer
12shall on the demand of the person in whose favor such check, share draft, or other
13draft was drawn and upon the return to the secretary state treasurer of such check,
14share draft, or other draft issue a replacement for the same amount.
AB1039,73 15Section 73. 20.912 (5) of the statutes is amended to read:
AB1039,28,2516 20.912 (5) Lost, stolen, or destroyed checks, share drafts, and other drafts.
17If any check, share draft, or other draft drawn and issued by the secretary of
18administration
state treasurer is lost, stolen, or destroyed and the bank, savings and
19loan association, savings bank, or credit union on which the check, share draft, or
20other draft is drawn has been notified to stop payment thereon, the secretary of
21administration
state treasurer may, after acknowledgment by the bank, savings and
22loan association, savings bank, or credit union that the check, share draft, or other
23draft has not been paid, issue a replacement check, share draft, or other draft and
24thereafter the secretary of administration state treasurer shall be relieved from all
25liability thereon.
AB1039,74
1Section 74. 20.920 (2) (a) of the statutes is amended to read:
AB1039,29,52 20.920 (2) (a) With the approval of the secretary and state treasurer, each state
3agency may establish a contingent fund. The secretary shall determine the funding
4source for each contingent fund, total amount of the fund, and maximum payment
5from the fund.
AB1039,75 6Section 75. 20.929 of the statutes is amended to read:
AB1039,29,19 720.929 Agency drafts or warrants. The secretary of administration may
8authorize any state agency to issue drafts or warrants drawn on the state treasury.
9Such drafts or warrants may be issued only in connection with purchase orders
10authorized under subch. IV of ch. 16 and may not exceed $300 per draft or warrant.
11The secretary state treasurer shall pay such drafts or warrants as presented and .
12The secretary of administration
shall audit the purchase orders issued. Any
13purchase order that is disapproved by the secretary as unlawful or unauthorized
14shall be returned by the secretary to the state agency for reimbursement to the
15treasury state treasurer. The secretary shall make written regulations for the
16implementation of this section. The secretary may require any state agency to utilize
17one or more separate depository accounts to implement this section. The illegal or
18unauthorized use of purchase orders and drafts or warrants under this section is
19subject to the remedies specified in s. 16.77.
AB1039,76 20Section 76. 23.49 of the statutes is amended to read:
AB1039,30,2 2123.49 Credit card use charges. The department shall certify to the secretary
22of administration
state treasurer the amount of charges associated with the use of
23credit cards that is assessed to the department on deposits accepted under s. 23.66
24(1m) by conservation wardens, and the secretary of administration state treasurer

1shall pay the charges from moneys received under s. 59.25 (3) (j) and (k) that are
2reserved for payment of the charges under s. 20.907 (5) (e) 12e. 14.58 (21).
AB1039,77 3Section 77. 23.85 of the statutes is amended to read:
AB1039,30,15 423.85 Statement to county board; payment to state. Every county
5treasurer shall, on the first day of the annual meeting of the county board of
6supervisors, submit to it a verified statement of all forfeitures, costs, fees, and
7surcharges imposed under ch. 814 and received during the previous year. The county
8clerk shall deduct all expenses incurred by the county in recovering those forfeitures,
9costs, fees, and surcharges from the aggregate amount so received, and shall
10immediately certify the amount of clear proceeds of those forfeitures, costs, fees, and
11surcharges to the county treasurer, who shall pay the proceeds to the state treasurer
12as provided in s. 59.25 (3). Jail surcharges imposed under ch. 814 shall be treated
13separately as provided in s. 302.46 and moneys collected from the crime prevention
14funding board surcharge under s. 973.0455 (2) shall be treated separately as
15provided in s. 973.0455 (2).
AB1039,78 16Section 78. 24.17 (1) (intro.) of the statutes is amended to read:
AB1039,30,2317 24.17 (1) (intro.) When the purchaser of any public lands makes payment to
18the secretary of administration state treasurer of the amount required to be paid on
19the sale and, in case of a private sale, produces the memorandum described in s.
2024.16, the secretary of administration state treasurer shall give a receipt to the
21purchaser for the amount paid, and, unless the sale is wholly for cash, the board shall
22execute and deliver to the purchaser a duplicate certificate of sale, in which the board
23shall certify all of the following:
AB1039,79 24Section 79. 24.17 (2) of the statutes is amended to read:
AB1039,31,6
124.17 (2) When the sale of public lands under sub. (1) is wholly for cash, upon
2payment of the full purchase price to the secretary of administration state treasurer,
3the secretary of administration state treasurer shall immediately give to the
4purchaser a receipt stating the amount paid, giving a description of the lot or tract
5of land sold, and stating that the purchaser is entitled to receive a patent according
6to law.
AB1039,80 7Section 80. 24.20 of the statutes is amended to read:
AB1039,31,15 824.20 Payments and accounts. All money paid on account of sales of public
9lands shall be paid to the secretary of administration state treasurer who shall credit
10the proper fund with the amount paid, crediting the general fund with the proceeds
11of sales of Marathon County lands. The secretary of administration or the secretary's
12designee, upon countersigning the receipt given for the amount paid, shall charge the
13treasurer therewith, and shall
enter the name of the person making the payment,
14the number of the certificate, if any, upon which the amount shall be paid, and the
15time of the payment.
AB1039,81 16Section 81. 24.25 (1) of the statutes is amended to read:
AB1039,32,217 24.25 (1) Whenever full payment is made for any lands described in a
18certificate of sale issued under s. 24.17, as required by law, and the purchaser, or the
19purchaser's legal representatives, produces to the board the duplicate certificate of
20sale, with the receipt of the secretary of administration state treasurer endorsed on
21the duplicate certificate, showing that the whole amount of the principal and interest
22due on the purchase of the land described in the certificate has been paid and that
23the holder of the duplicate certificate is entitled to a patent for the lands described
24in the certificate, the original and duplicate certificates shall be canceled, and the

1board shall immediately execute and deliver a patent to the person entitled to the
2patent for the land described in the certificate.
AB1039,82 3Section 82. 24.29 of the statutes is amended to read:
AB1039,32,11 424.29 Redemption. At any time before the 5 days next preceding the
5reoffering at public sale of any land forfeited under s. 24.28, the former purchaser,
6or the former purchaser's assigns or legal representatives, may prevent the resale
7of the forfeited lands and revive the original contract by paying the principal sum
8due, with interest, and all taxes returned on the forfeited lands to the secretary of
9administration
state treasurer that are still unpaid, and all costs occasioned by the
10delay, together with 3 percent damages on the whole sum owing for the forfeited
11lands.
AB1039,83 12Section 83. 24.32 (2) (a) 2. of the statutes is amended to read:
AB1039,32,1613 24.32 (2) (a) 2. Depositing with the secretary of administration state treasurer,
14for the use of the purchaser at the resale of the forfeited tract the amount paid by the
15resale purchaser for the tract, together with 25 percent of the amount of the taxes,
16interest, and costs, in addition to the purchase price.
AB1039,84 17Section 84. 24.33 (1) (c) of the statutes is amended to read:
AB1039,32,2118 24.33 (1) (c) Payment is made to the secretary of administration state treasurer
19in the amount actually due on the first certificate at the time of the resale, with
20interest, costs, and charges, and with interest on the amount for which the land was
21sold at the rate of 10 percent per year.
AB1039,85 22Section 85. 24.64 of the statutes is amended to read:
AB1039,33,2 2324.64 Reimbursements for certain administrative services. The board
24shall reimburse the department of administration state treasurer, from the
25appropriation account under s. 20.507 (1) (h), for the costs of administrative services

1provided by the department of administration and other state agencies state
2treasurer
to the board.
AB1039,86 3Section 86. 24.69 (1) of the statutes is amended to read:
AB1039,33,104 24.69 (1) The board may sell state trust fund loans or participations therein,
5and may contract to do so at a future date, for such price, upon such other terms and
6in such manner as the board may determine. The sale may be to any person,
7including, without limitation, a trust or other investment vehicle created for the
8purpose of attracting private investment capital. The board shall remit the proceeds
9of the sale to the secretary of administration state treasurer for deposit in the
10appropriate trust fund and shall invest the proceeds in accordance with s. 24.61.
AB1039,87 11Section 87. 24.71 (2) of the statutes is amended to read:
AB1039,33,1612 24.71 (2) Certified statement. If a school district has a state trust fund loan,
13the board shall transmit to the school district clerk a certified statement of the
14amount due on or before October 1 of each year until the loan is paid. The board shall
15furnish a copy of each certified statement to the secretary of administration state
16treasurer
and the department of public instruction.
AB1039,88 17Section 88 . 25.14 (3) of the statutes is amended to read:
AB1039,34,318 25.14 (3) The department of administration, upon consultation with the board,
19shall distribute all earnings, profits, or losses of the state investment fund to each
20participating fund in the same ratio as each participating fund's average daily
21balance within the state investment fund bears to the total average daily balance of
22all participating funds, except as provided in s. 16.401 (14) 14.58 (19) and except that
23the department of administration shall credit to the appropriation account under s.
2420.505 (1) (kj) 20.585 (1) (jt) an amount equal to the amount assessed under s. 25.19
25(3) from the earnings or profits of the funds against which an assessment is made.

1Distributions under this section shall be made at such times as the department of
2administration may determine, but must be made at least semiannually in each
3complete fiscal year of operation.
AB1039,89 4Section 89. 25.17 (2) (f) of the statutes is amended to read:
AB1039,34,135 25.17 (2) (f) Invest the moneys belonging to the college savings program trust
6fund, the college savings program bank deposit trust fund, and the college savings
7program credit union deposit trust fund in a manner consistent with the guidelines
8established under s. 16.641 14.64 (2) (c), unless the moneys are under the
9management and control of a vendor selected under s. 16.255. In making
10investments under this paragraph, the investment board shall accept any
11reasonable terms and conditions that the college savings program board specifies
12and is relieved of any obligations relevant to prudent investment of the fund,
13including the standard of responsibility under s. 25.15 (2).
AB1039,90 14Section 90. 25.17 (61) of the statutes is amended to read:
AB1039,34,1915 25.17 (61) Designate special depositories in which the secretary of
16administration or the
state treasurer may make special deposits of funds, not
17exceeding the amount limited by the board, which shall be deposited subject to the
18depository's rules and regulations relative to either savings accounts, time
19certificates of deposit, or open time accounts, as the case may be.
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