LRB-5598/2
ARG:amn
2019 - 2020 LEGISLATURE
February 12, 2020 - Introduced by Senator Testin, cosponsored by Representatives
Kurtz, Krug, Considine, Ballweg, Duchow, Edming, Kulp, Mursau, Novak,
Oldenburg, Sargent, Spreitzer, Summerfield and Wittke. Referred to
Committee on Agriculture, Revenue and Financial Institutions.
SB817,1,4
1An Act to amend 20.285 (1) (sp); and
to create 36.25 (56) of the statutes;
2relating to: a Wisconsin hemp fiber innovation and technology accelerator in
3the Wisconsin Institute for Sustainable Technology at the University of
4Wisconsin–Stevens Point and making an appropriation.
Analysis by the Legislative Reference Bureau
This bill requires the Board of Regents of the University of Wisconsin System
to establish a Wisconsin hemp fiber innovation and technology accelerator in the
Wisconsin Institute for Sustainable Technology at UW–Stevens Point if at least
$125,000 is received in fiscal year 2019-20 in gifts, grants, or donations to support
the accelerator. If this condition is satisfied, the Board of Regents must allocate
$125,000 in funding for the accelerator, and the bill provides this funding to the
Board of Regents from the environmental fund. The bill also changes the
appropriation for the Wisconsin Institute for Sustainable Technology from an annual
appropriation to a biennial appropriation.
For further information see the state fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SB817,1
5Section 1
. 20.285 (1) (sp) of the statutes is amended to read:
SB817,2,4
120.285
(1) (sp)
Wisconsin Institute for Sustainable Technology. From 2Biennially, from the environmental fund, the amounts in the schedule to support the
3Wisconsin Institute for Sustainable Technology at the University of
4Wisconsin-Stevens Point.
SB817,2
5Section
2. 36.25 (56) of the statutes is created to read:
SB817,2,126
36.25
(56) Wisconsin hemp fiber innovation and technology accelerator. 7From the appropriation under s. 20.285 (1) (sp), the board shall allocate $125,000 in
8the 2019-21 fiscal biennium to establish a Wisconsin hemp fiber innovation and
9technology accelerator in the Wisconsin Institute for Sustainable Technology at the
10University of Wisconsin–Stevens Point if at least $125,000 in gifts, grants, or
11donations to support the accelerator is received in fiscal year 2019-20 from any
12source other than moneys appropriated under s. 20.285, excluding s. 20.285 (1) (ge).
SB817,3
13Section 3
.
Fiscal changes.
SB817,2,1814
(1)
In the schedule under s. 20.005 (3) for the appropriation to the Board of
15Regents of the University of Wisconsin System under s. 20.285 (1) (sp), the dollar
16amount for fiscal year 2019-20 is increased by $125,000 for the purpose of
17establishing a Wisconsin hemp fiber innovation and technology accelerator if the
18condition under s. 36.25 (56) is satisfied.