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2019 - 2020 LEGISLATURE

SENATE SUBSTITUTE AMENDMENT 1, TO SENATE BILL 59

June 19, 2019 - Offered by Joint Committee on Finance.

SB59-SSA1,1,2 An Act relating to: state finances and appropriations, constituting the executive budget act of the 2019 legislature.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

SB59-SSA1,26m Section 26m. 13.48 (20m) of the statutes is created to read:

SB59-SSA1,1,10 13.48 (20m) Grants for local projects. (a) The building commission shall establish and operate a grant program under this subsection to assist nonstate organizations to carry out construction projects having a public purpose. The building commission may not award a grant for a construction project under this subsection unless the building commission first determines that the project is in the public interest and serves one or more public purposes that are statewide responsibilities of statewide dimension.

SB59-SSA1,2,3 (b) The building commission may award a grant to any nonstate organization for a construction project that satisfies par. (a). The municipality, as defined in s. 59.001 (3), in which the construction project is or will be located shall apply to the building commission for the grant on behalf of the nonstate organization carrying out the construction project.

SB59-SSA1,2,9 (c) The building commission may authorize up to $25,000,000 in general fund supported borrowing for grants awarded under par. (b). Each grant award may not exceed $5,000,000. Before considering each grant application, the building commission shall determine that the organization carrying out the project has secured additional funding for the project from nonstate revenue sources in an amount that is equal to at least 50 percent of the total cost of the project.

SB59-SSA1,2,14 (d) If the building commission awards a grant under par. (b), and if, for any reason, the space that is constructed with funds from the grant is not used for one or more public purposes determined by the building commission under par. (a), the state shall retain an ownership interest in the constructed space equal to the amount of the state's grant.