Amendment AA6-ASA1-AB282

LRBa2441/2

ARG:bjk:jf

2009 - 2010 LEGISLATURE

ASSEMBLY AMENDMENT 6, TO ASSEMBLY SUBSTITUTE AMENDMENT 1, TO 2009 ASSEMBLY BILL 282

April 20, 2010 - Offered by Representative Vos.

AB282-ASA1-AA6,1,1 At the locations indicated, amend the substitute amendment as follows:

AB282-ASA1-AA6,1,2 1. Page 7, line 17: after that line insert:

AB282-ASA1-AA6,1,4 " Section 17m. 59.58 (7) (f) 1. of the statutes, as created by 2009 Wisconsin Act 28, is amended to read:

AB282-ASA1-AA6,1,9 59.58 (7) (f) 1. The Subject to subd. 7., the authority may issue bonds, the principal and interest on which are payable exclusively from all or a portion of any revenues received by the authority. The authority may secure its bonds by a pledge of any income or revenues from any operations, rent, aids, grants, subsidies, contributions, or other source of moneys whatsoever.".

AB282-ASA1-AA6,1,10 2. Page 7, line 20: delete "The" and substitute "The Subject to subd. 7., the".

AB282-ASA1-AA6,1,11 3. Page 8, line 7: after that line insert:

AB282-ASA1-AA6,1,12 " Section 19m. 59.58 (7) (f) 7. of the statutes is created to read:

AB282-ASA1-AA6,2,4 59.58 (7) (f) 7. The authority may issue bonds under this paragraph only if the authority's board of directors establishes a maximum principal amount of debt obligation, not exceeding the amount specified in subd. 2., and the governing body of all counties included in the authority approves this amount.".

AB282-ASA1-AA6,2,5 (End)