LRBa1863/1
MES&EVM:cjs&nwn:rs
2009 - 2010 LEGISLATURE
ASSEMBLY AMENDMENT 1,
TO 2009 SENATE BILL 399
March 22, 2010 - Offered by Representative Seidel.
SB399-AA1,1,11 At the locations indicated, amend the bill as follows:
SB399-AA1,1,2 21. Page 5, line 8: delete "investment or program of".
SB399-AA1,1,3 32. Page 5, line 9: delete "investment,".
SB399-AA1,1,4 43. Page 5, line 17: delete "The" and substitute "Subject to sub. (3) (d), the".
SB399-AA1,1,6 54. Page 5, line 24: delete that line and substitute "to the governor, who may
6consult with any state department or agency.".
SB399-AA1,1,7 75. Page 6, line 1: delete "the agreement.".
SB399-AA1,1,9 86. Page 6, line 4: delete that line and substitute "agreement to take effect,
9unless the amendment is to add a member or unless otherwise".
SB399-AA1,2,6 107. Page 6, line 24: after that line, on page 2, line 3, of the material inserted by
11senate amendment 2, after "date]." insert "Only one commission may be formed
12under this section. If more than one agreement is submitted to the attorney general

1before the first day of the 5th month beginning after the effective date of this
2paragraph .... [LRB inserts date], the attorney general must give preference to the
3agreement that submits with its documents a demonstration of support for its
4agreement from at least one statewide organization located in this state which
5represents the interests of political subdivisions and has political subdivisions
6among its membership.".
SB399-AA1,2,8 78. Page 11, line 4: after that line, on page 2, line 8, of the material inserted by
8senate amendment 2, after "purchases a" insert "tax-exempt".
SB399-AA1,2,10 99. Page 13, line 7: after "commission" insert "and filed with the secretary of
10administration and the legislative audit bureau".
SB399-AA1,2,12 1110. Page 14, line 10: after that line, delete the material inserted by senate
12amendment 2 and substitute:
SB399-AA1,2,16 13"a. The bonds or notes are used to fund multifamily affordable housing projects
14or elderly housing projects in this state, and the Wisconsin Housing and Economic
15Development Authority has the authority to issue its bonds or notes for the project
16being funded.
SB399-AA1,2,2017 b. The bonds or notes are used by a health facility, as defined in s. 231.01 (5),
18to fund the acquisition of information technology hardware or software, in this state,
19and the Wisconsin Health and Educational Facilities Authority has the authority to
20issue its bonds or notes for the project being funded.
SB399-AA1,2,2321 c. The bonds or notes are issued to fund a redevelopment project in this state
22or a housing project in this state, and the authority exists for bonds or notes to be
23issued by an entity described under s. 66.1201, 66.1333, or 66.1335.".
SB399-AA1,3,2
111. Page 14, line 12: after that line, delete the material inserted by senate
2amendment 2 and substitute:
SB399-AA1,3,6 3"1. The bonds or notes are used to fund multifamily affordable housing projects
4or elderly housing projects in this state, and the Wisconsin Housing and Economic
5Development Authority has the authority to issue its bonds or notes for the project
6being funded.
SB399-AA1,3,107 2. The bonds or notes are used by a health facility, as defined in s. 231.01 (5),
8to fund the acquisition of information technology hardware or software, in this state,
9and the Wisconsin Health and Educational Facilities Authority has the authority to
10issue its bonds or notes for the project being funded.
SB399-AA1,3,1311 3. The bonds or notes are issued to fund a redevelopment project in this state
12or a housing project in this state, and the authority exists for bonds or notes to be
13issued by an entity described under s. 66.1201, 66.1333, or 66.1335.".
SB399-AA1,3,14 1412. Page 14, line 13: after "is" insert "renumbered 71.36 (1m) (a) and".
SB399-AA1,3,15 1513. Page 14, line 14: after "(1m)" insert "(a)".
SB399-AA1,3,16 1614. Page 14, line 17: after "71.362." insert:
SB399-AA1,3,17 17"(b)".
SB399-AA1,3,19 1815. Page 14, line 18: delete that line and substitute "of this subsection,
19interest on any of the following obligations is not included in shareholders' income:".
SB399-AA1,3,20 2016. Page 14, line 18: after that line insert:
SB399-AA1,3,21 21"1. Interest on federal obligations, obligations.".
SB399-AA1,3,23 2217. Page 14, line 19: delete that line, as affected by senate amendment 2, and
23substitute:
SB399-AA1,4,2
1"3. Interest on obligations issued under ss. 66.0621 by a local professional
2baseball".
SB399-AA1,4,4 318. Page 14, line 21: delete "district, obligations" and substitute "district,
4obligations
.".
SB399-AA1,4,5 519. Page 14, line 21: before "issued" insert:
SB399-AA1,4,6 6"4. Interest on obligations".
SB399-AA1,4,8 720. Page 14, line 21: delete "66.1335, obligations" and substitute "66.1335,
8obligations
.".
SB399-AA1,4,9 921. Page 14, line 22: before "issued" insert:
SB399-AA1,4,10 10"5. Interest on obligations".
SB399-AA1,4,11 1122. Page 14, line 23: delete "and" and substitute "and.".
SB399-AA1,4,12 1223. Page 14, line 24: delete that line and substitute "obligations".
SB399-AA1,4,13 1324. Page 14, line 25: before that line insert:
SB399-AA1,4,15 14"6. Interest on obligations issued under subch. II of ch. 229 is not included in
15shareholders' income
.".
SB399-AA1,4,16 1625. Page 14, line 25: before "The proportionate" insert:
SB399-AA1,4,17 17"(c)".
SB399-AA1,4,18 1826. Page 15, line 11: after that line insert:
SB399-AA1,4,19 19" Section 6d. 71.36 (1m) (b) 2. of the statutes is created to read:
SB399-AA1,5,720 71.36 (1m) (b) 2. Interest on obligations issued under s. 66.0304 by a
21commission if the bonds or notes are used to fund multifamily affordable housing
22projects or elderly housing projects in this state, and the Wisconsin Housing and
23Economic Development Authority has the authority to issue its bonds or notes for the

1project being funded, or if the bonds or notes are used by a health facility, as defined
2in s. 231.01 (5), to fund the acquisition of information technology hardware or
3software, in this state, and the Wisconsin Health and Educational Facilities
4Authority has the authority to issue its bonds or notes for the project being funded,
5or if the bonds or notes are issued to fund a redevelopment project in this state or a
6housing project in this state, and the authority exists for bonds or notes to be issued
7by an entity described under s. 66.1201, 66.1333, or 66.1335.".
SB399-AA1,5,9 827. Page 15, line 13: after that line, delete the material inserted by senate
9amendment 2 and substitute:
SB399-AA1,5,13 10"1. The bonds or notes are used to fund multifamily affordable housing projects
11or elderly housing projects in this state, and the Wisconsin Housing and Economic
12Development Authority has the authority to issue its bonds or notes for the project
13being funded.
SB399-AA1,5,1714 2. The bonds or notes are used by a health facility, as defined in s. 231.01 (5),
15to fund the acquisition of information technology hardware or software, in this state,
16and the Wisconsin Health and Educational Facilities Authority has the authority to
17issue its bonds or notes for the project being funded.
SB399-AA1,5,2018 3. The bonds or notes are issued to fund a redevelopment project in this state
19or a housing project in this state, and the authority exists for bonds or notes to be
20issued by an entity described under s. 66.1201, 66.1333, or 66.1335.".
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