AB150-ASA1-AA26,56,5 5183. Page 512, line 3: delete that line and substitute:
AB150-ASA1-AA26,56,6 6"20.923 (4) (c) 3. Credit Office of credit unions, commissioner : director of.".
AB150-ASA1-AA26,56,7 7184. Page 512, line 21: after that line insert:
AB150-ASA1-AA26,56,8 8" Section 1212m. 20.923 (6) (intro.) of the statutes is amended to read:
AB150-ASA1-AA26,56,149 20.923 (6)Salaries set by appointing authorities. (intro.) Salaries for the
10following positions may be set by the appointing authority, subject to restrictions
11otherwise set forth in the statutes and the compensation plan under s. 230.12 and
12subject to the pay range maximum and compensation maximum under s. 230.125
,
13except where the salaries are a subject of bargaining with a certified representative
14of a collective bargaining unit under s. 111.91:".
AB150-ASA1-AA26,56,15 15185. Page 513, line 3: after that line insert:
AB150-ASA1-AA26,56,16 16" Section 1217m. 20.923 (6) (bh) of the statutes is created to read:
AB150-ASA1-AA26,56,1817 20.923 (6) (bh) Historical society: Wisconsin sesquicentennial commission;
18staff.".
AB150-ASA1-AA26,56,19 19186. Page 513, line 4: delete lines 4 to 11.
AB150-ASA1-AA26,56,21 20187. Page 513, line 19: delete the material beginning with that line and
21ending with page 514, line 7.
AB150-ASA1-AA26,56,23 22188. Page 514, line 23: delete the material beginning with that line and
23ending with page 515, line 5.
AB150-ASA1-AA26,57,1
1189. Page 515, line 6: delete lines 6 to 8.
AB150-ASA1-AA26,57,2 2190. Page 515, line 11: substitute "73.255" for "49.855".
AB150-ASA1-AA26,57,3 3191. Page 515, line 12: delete lines 12 to 17 and substitute:
AB150-ASA1-AA26,57,5 4" Section 1220t. 21.49 (3) (a) of the statutes, as affected by 1995 Wisconsin Act
5....(Assembly Bill 73), is repealed and recreated to read:
AB150-ASA1-AA26,57,106 21.49 (3) (a) Any eligible guard member upon satisfactory completion of a
7full-time or part-time course in a qualifying school is eligible for a tuition grant
8equal to 50% of the actual tuition charged by the school or 50% of the maximum
9resident undergraduate tuition charged by the university of Wisconsin-Madison for
10a comparable number of credits, whichever amount is less.".
AB150-ASA1-AA26,57,11 11192. Page 516, line 3: delete lines 3 to 25.
AB150-ASA1-AA26,57,13 12193. Page 520, line 24: delete the material beginning with that line and
13ending with page 521, line 19.
AB150-ASA1-AA26,57,15 14194. Page 522, line 10: delete the material beginning with that line and
15ending with page 525, line 2.
AB150-ASA1-AA26,57,16 16195. Page 524, line 5: after that line insert:
AB150-ASA1-AA26,57,17 17" Section 1262qm. 23.0915 (1m) of the statutes is created to read:
AB150-ASA1-AA26,57,2018 23.0915 (1m) Prohibitions on expenditures. (a) 1. The department may not
19expend moneys from the appropriation under s. 20.866 (2) (tz) for the acquisition of
20land for golf courses or for the development of golf courses.
AB150-ASA1-AA26,57,2321 2. Subdivision 1. does not apply to the expenditure of moneys approved under
22an application that was made before April 1, 1995, and that was approved by the
23department before April 10, 1995.
AB150-ASA1-AA26,58,4
1(b) The department may not expend moneys from the appropriation under s.
220.866 (2) (tz) for the acquisition or development of land by a county or other local
3governmental unit or political subdivision if the county, local governmental unit or
4political subdivision acquires the land involved by condemnation.".
AB150-ASA1-AA26,58,6 5196. Page 525, line 24: delete the material beginning with that line and
6ending with page 527, line 3.
AB150-ASA1-AA26,58,7 7197. Page 527, line 10: delete lines 10 to 21.
AB150-ASA1-AA26,58,9 8198. Page 529, line 13: delete the material beginning with that line and
9ending with page 531, line 2.
AB150-ASA1-AA26,58,10 10199. Page 532, line 1: delete lines 1 to 4.
AB150-ASA1-AA26,58,11 11200. Page 532, line 13: delete lines 13 to 19.
AB150-ASA1-AA26,58,13 12201. Page 535, line 10: delete the material beginning with that line and
13ending with page 539, line 20.
AB150-ASA1-AA26,58,14 14202. Page 540, line 12: delete lines 12 to 15.
AB150-ASA1-AA26,58,15 15203. Page 540, line 17: after that line insert:
AB150-ASA1-AA26,58,16 16" Section 1368b. 24.61 (3) (a) 10. of the statutes is created to read:
AB150-ASA1-AA26,58,1917 24.61 (3) (a) 10. A cooperative educational service agency representing 2 or
18more school districts in the area served by the agency for the purpose of conducting
19a distance education project by the school districts.".
AB150-ASA1-AA26,58,21 20204. Page 540, line 19: after "municipality" insert "or cooperative
21educational service agency
".
AB150-ASA1-AA26,58,22 22205. Page 542, line 9: after that line insert:
AB150-ASA1-AA26,58,23 23" Section 1370i. 24.61 (7) of the statutes is created to read:
AB150-ASA1-AA26,59,13
124.61 (7) Loans to cooperative educational service agencies. Whenever a
2cooperative educational service agency applies for a loan under sub. (3), the board
3shall treat the application as a loan to each of the school districts on behalf of which
4the loan is sought in an amount equal to the total amount of the loan divided equally
5by the number of school districts, unless the cooperative educational service agency
6specifies on its application a different arrangement that has been agreed to by all
7school districts for which the loan is sought. The board shall not make the loan unless
8each school district for which the loan is sought qualifies for a loan in the amount
9specified in this subsection, or a different amount if that amount is specified on the
10application. If the cooperative educational service agency fails to make a timely
11repayment of the principal or payment of the interest on the loan, each school district
12for which the loan is made is liable to repay the principal and pay the interest in the
13amount determined under this subsection.
AB150-ASA1-AA26, s. 1371b 14Section 1371b. 24.63 (1) of the statutes is amended to read:
AB150-ASA1-AA26,59,2415 24.63 (1) (title) Municipal loans Loans other than to school districts. State
16A state trust fund loans loan, other than those a loan to a school districts district, may
17be made for any term not exceeding 20 years, and may be made payable in
18instalments and. A state trust fund loan to a municipality other than a school district
19shall be in an amount which does not, in connection together with all other
20indebtedness of the municipality applying for the loan, exceed 5% of the valuation
21of the taxable property within the municipality as equalized for state purposes. If
22a state trust fund loan is made to pay off existing indebtedness, it may be advanced
23to the borrower in instalments as fast as the indebtedness or the evidence of
24indebtedness is canceled.
AB150-ASA1-AA26, s. 1371d 25Section 1371d. 24.63 (2m) of the statutes is created to read:
AB150-ASA1-AA26,60,7
124.63 (2m) Cooperative educational service agency loans. A state trust fund
2loan to a cooperative educational service agency may be made for any term, not
3exceeding 20 years, as is agreed upon between the agency and the board, and for a
4total amount which, for each school district for which the loan is sought, in the
5proportion determined under s. 24.61 (7), together with all other indebtedness of the
6school district, does not exceed the school district's allowable indebtedness under s.
767.03 (1).
AB150-ASA1-AA26, s. 1375b 8Section 1375b. 24.63 (4) of the statutes is amended to read:
AB150-ASA1-AA26,60,129 24.63 (4) Repayment before due date permitted. Any municipality borrower
10after March 15 and prior to August 1 of any year may repay one or more instalments
11in advance of the due date, and all interest upon such advance payment shall
12thereupon terminate.".
AB150-ASA1-AA26,60,13 13206. Page 542, line 17: delete the period and substitute:
AB150-ASA1-AA26,60,16 14"and in the case of a cooperative educational service agency, the names of the
15school districts participating in the distance education project for which the loan is
16sought
".
AB150-ASA1-AA26,60,17 17207. Page 543, line 2: after that line insert:
AB150-ASA1-AA26,60,18 18" Section 1377h. 24.66 (3s) of the statutes is created to read:
AB150-ASA1-AA26,61,219 24.66 (3s) For cooperative educational service agencies. An application for
20a loan by a cooperative educational service agency shall be accompanied by a certified
21copy of a resolution of the board of control of the agency approving the loan and
22shallcontain satisfactory proof of the valuation of all taxable property within each
23school district for which the loan is sought as equalized for state purposes, of the
24existing indebtedness of each such school district and of approval of the application

1by each school district in the same manner as provided for a loan to that school
2district for the same amount and terms under sub. (3).".
AB150-ASA1-AA26,61,3 3208. Page 543, line 4: after "section" insert "by a municipality".
AB150-ASA1-AA26,61,10 4209. Page 543, line 16: before "The" insert: "Every application for a loan
5under this subsection by a cooperative educational service agency shall be
6accompanied by a copy of a recorded resolution adopted by the school board of each
7school district for which the loan is sought, certified by the school district clerk of that
8school district, levying upon all taxable property of the school district a direct annual
9tax for the purpose of paying and sufficient to pay the school district's share of the
10principal and interest on the proposed loan as they become due.
".
AB150-ASA1-AA26,61,11 11210. Page 543, line 18: after that line insert:
AB150-ASA1-AA26,61,12 12" Section 1377s. 24.67 (1) (intro.) of the statutes is amended to read:
AB150-ASA1-AA26,61,1613 24.67 (1) (intro.)  If the board approves the application, it shall cause
14certificates of indebtedness to be prepared in proper form and transmitted to the
15municipality or cooperative educational service agency submitting the application.
16The certificate of indebtedness shall be executed and signed:
AB150-ASA1-AA26, s. 1377t 17Section 1377t. 24.67 (1) (L) of the statutes is created to read:
AB150-ASA1-AA26,61,1918 24.67 (1) (L) For a cooperative educational service agency, by the president of
19each school district for which the loan is made.".
AB150-ASA1-AA26,61,21 20211. Page 543, line 22: after the underscored comma insert: "or upon
21direction of the board if a loan is made to a cooperative educational service agency,
".
AB150-ASA1-AA26,61,23 22212. Page 543, line 24: after "municipality" insert " or cooperative
23educational service agency
".
AB150-ASA1-AA26,62,2
1213. Page 543, line 25: after "municipality" insert " or cooperative
2educational service agency
".
AB150-ASA1-AA26,62,3 3214. Page 544, line 4: delete lines 4 to 21.
AB150-ASA1-AA26,62,5 4215. Page 545, line 7: delete the material beginning with that line and ending
5with page 546, line 3, and substitute:
AB150-ASA1-AA26,62,6 6" Section 1379m. 24.70 of the statutes is amended to read:
AB150-ASA1-AA26,62,9 724.70 (title) Collection from municipalities borrowers other than
8school districts. (1)
Applicability. This section applies to all outstanding state
9trust fund loans to municipalities borrowers other than school districts.
AB150-ASA1-AA26,62,17 10(2) Certified statement. If a municipality borrower other than a school district
11has a state trust fund loan, the board shall transmit to the municipal clerk of the
12jurisdiction, or the person signing the application on behalf of the borrower in the
13case of a cooperative educational service agency,
a certified statement of the amount
14due on or before October 1 of each year until the loan is paid repaid. The board shall
15submit a copy of each certified statement to the state treasurer. A cooperative
16educational service agency shall transmit a copy of the statement to the clerk of each
17school district on behalf of which the agency has obtained a loan.
AB150-ASA1-AA26,63,2 18(3) Amount added to municipal levy. The Upon receipt of a certified statement
19by a municipal clerk, the
municipal clerk shall then cause the amount to be added
20to the municipal levy and collected in the same manner as the municipal tax except
21the amount for the state trust fund loan shall be separately designated. Upon receipt
22of a certified statement by a school district clerk from a cooperative educational
23service agency, the clerk shall cause the amount for which the district is responsible
24under s. 24.61 (7) to be added to the school district levy and collected in the same

1manner as the school district tax, except that the amount for the loan shall be
2separately stated.
AB150-ASA1-AA26,63,10 3(4) Payment to state treasurer. The municipal treasurer of each municipality
4shall transmit to the state treasurer on his or her order the full amount levied for
5state trust fund loans within 15 days after March 15. Each cooperative educational
6service agency shall similarly transmit the annual amount owed on any state trust
7fund loan made to the agency by that date.
The state treasurer shall notify the board
8when he or she receives payment. Any payment not made by March 30 is delinquent
9and is subject to a penalty of one percent per month to be paid to the state treasurer
10with the delinquent payment.
AB150-ASA1-AA26,63,17 11(6) Failure to make payments. If the municipal treasurer any municipality fails
12to remit the amount due by the date specified under sub. (4), the board may file a
13certified statement of the amount delinquent with the department of administration.
14The department of administration shall collect the amount due, including any
15penalty, by deducting that amount from any state payments due the municipality,
16shall remit that amount to the state treasurer and shall notify the treasurer and the
17board of that action.".
AB150-ASA1-AA26,63,19 18216. Page 545, line 7: delete the material beginning with that line and ending
19with page 546, line 24.
AB150-ASA1-AA26,63,20 20217. Page 546, line 24: after that line insert:
AB150-ASA1-AA26,63,21 21" Section 1386m. 24.72 of the statutes is amended to read:
AB150-ASA1-AA26,63,24 2224.72 Use of funds. No money obtained by a municipality borrower from a
23state trust fund loan may be applied to or paid out for any purpose except that
24specified in the application for the loan without the consent of the board.
AB150-ASA1-AA26, s. 1387b
1Section 1387b. 24.73 of the statutes is amended to read:
AB150-ASA1-AA26,64,8 224.73 Extension of loan. All loans made or which may be made from any of
3such
state trust funds to any municipality borrower may be extended for such time
4and upon such terms as may be agreed upon by and between the board and such
5borrower; provided, however, that no loan shall be extended upon which there is any
6default in the payment of interest at the time of making application therefor, nor to
7any period beyond 20 years from its inception, nor at any rate of interest less than
8the minimum established by law.".
AB150-ASA1-AA26,64,9 9218. Page 547, line 14: delete lines 14 to 25.
AB150-ASA1-AA26,64,10 10219. Page 548, line 1: after that line insert:
AB150-ASA1-AA26,64,11 11" Section 1393r. 25.16 (7) of the statutes is amended to read:
AB150-ASA1-AA26,64,1812 25.16 (7) The executive director shall fix the compensation of all employes
13appointed by the executive director, subject to restrictions set forth in the
14compensation plan under s. 230.12, the pay range maximum and compensation
15maximum under s. 230.125
or any applicable collective bargaining agreement in the
16case of employes in the classified service, but the investment board may provide for
17bonus compensation to employes in the unclassified service as authorized under s.
1825.156 (6).".
AB150-ASA1-AA26,64,20 19220. Page 548, line 22: delete the material beginning with that line and
20ending with page 549, line 3.
AB150-ASA1-AA26,64,21 21221. Page 550, line 5: delete lines 5 to 8.
AB150-ASA1-AA26,64,22 22222. Page 551, line 8: delete lines 8 to 10.
AB150-ASA1-AA26,64,23 23223. Page 551, line 10: after that line insert:
AB150-ASA1-AA26,64,24 24" Section 1408r. 25.40 (1) (a) 12. of the statutes is created to read:
AB150-ASA1-AA26,65,2
125.40 (1) (a) 12. Fees collected under s. 341.45 (1g) (a) that are required under
2s. 341.45 (4m) to be deposited in the petroleum inspection fund.".
AB150-ASA1-AA26,65,3 3224. Page 551, line 16: after that line insert:
AB150-ASA1-AA26,65,4 4" Section 1411m. 25.40 (2) (b) 15g. of the statutes is created to read:
AB150-ASA1-AA26,65,55 25.40 (2) (b) 15g. Section 20.445 (1) (uy)."
AB150-ASA1-AA26,65,6 6225. Page 551, line 16: after that line insert:
Loading...
Loading...