AB508-AA1,7,4 17"231.03 (11) Establish or contract with others to carry out on its behalf a health
18facility, educational facility, or research facility , or child care center project cost
19estimating service, and make this service available on all projects to provide expert
20cost estimates and guidance to the participating health institution, participating
21educational institution, or participating research institution, or participating child
22care provider
and to the authority. To implement this service and, through it, to
23contribute to cost containment, the authority may require such reasonable reports
24and documents from health facility, educational facility, or research facility, or child

1care center
projects as are required for this service and for the development of cost
2reports and guidelines. The authority shall appoint a technical committee on health
3facility, educational facility, or research facility , or child care center project costs and
4cost containment.".
AB508-AA1,7,5 540. Page 11, line 9: delete lines 9 to 22 and substitute:
AB508-AA1,7,18 6"231.03 (13) Make loans to any participating health institution, participating
7educational institution, or participating research institution, or, before May 1, 2000,
8participating child care provider
for the cost of a project in accordance with an
9agreement between the authority and the participating health institution,
10participating educational institution, or participating research institution, or
11participating child care provider
. The authority may secure the loan by a mortgage
12or other security arrangement on the health facility, educational facility, or research
13facility, or child care center granted by the participating health institution,
14participating educational institution, or participating research institution, or
15participating child care provider
to the authority. The loan may not exceed the total
16cost of the project as determined by the participating health institution,
17participating educational institution, or participating research institution, or
18participating child care provider
and approved by the authority.".
AB508-AA1,7,20 1941. Page 11, line 24: delete the material beginning with that line and ending
20with "authority." on page 12, line 8, and substitute:
AB508-AA1,8,5 21"231.03 (14) Make loans to a health facility, educational facility, or research
22facility, or, before May 1, 2000, child care center for which bonds may be issued under
23sub. (6) (b) or, (d), or under s. 231.03 (6) (f), 1999 stats. (i), to refinance the health
24facility's, educational facility's, or research facility's, or child care center's

1outstanding debt. The authority may secure the loan or bond by a mortgage or other
2security arrangement on the health facility, educational facility, or research facility,
3or child care center
granted by the participating health institution, participating
4educational institution, or participating research institution, or participating child
5care provider
to the authority.".
AB508-AA1,8,6 642. Page 12, line 10: delete lines 10 to 18 and substitute:
AB508-AA1,8,14 7"231.03 (15) Mortgage all or any portion of a project and other health facilities,
8educational facilities, or research facilities, or child care centers and the site thereof,
9whether owned or thereafter acquired, for the benefit of the holders of bonds issued
10to finance the project, health facilities, educational facilities, or research facilities,
11or child care centers
or any portion thereof or issued to refund or refinance
12outstanding indebtedness of participating health institutions, educational
13institutions, or research institutions, or child care providers as permitted by this
14chapter.".
AB508-AA1,8,16 1543. Page 12, line 20: delete the material beginning with that line and ending
16with "consideration." on page 13, line 14, and substitute:
AB508-AA1,9,10 17"231.03 (16) Lease to a participating health institution, participating
18educational institution, or participating research institution, or participating child
19care provider
the project being financed or other health facilities, educational
20facilities, or research facilities, or child care centers conveyed to the authority in
21connection with such financing, upon such terms and conditions as the authority
22deems proper, and charge and collect rents therefor, and terminate any such lease
23upon the failure of the lessee to comply with any of the obligations thereof; and
24include in any such lease, if desired, provisions that the lessee thereof shall have

1options to renew the term of the lease for such periods and at such rent as the
2authority determines or to purchase all or any part of the health facilities,
3educational facilities, or research facilities, or child care centers or that, upon
4payment of all of the indebtedness incurred by the authority for the financing of such
5project or health facilities, educational facilities, or research facilities, or child care
6centers
or for refunding outstanding indebtedness of a participating health
7institution, participating educational institution, or participating research
8institution, or participating child care provider, the authority may convey all or any
9part of the project or such other health facilities, educational facilities, or research
10facilities, or child care centers to the lessees thereof with or without consideration.".
AB508-AA1,9,11 1144. Page 13, line 17: after "educational institutions," insert "and".
AB508-AA1,9,13 1245. Page 13, line 17: delete "institutions, and" and substitute "institutions,
13and".
AB508-AA1,9,15 1446. Page 13, line 18: delete "participating child care providers nonprofit
15institutions
" and substitute "participating child care providers".
AB508-AA1,9,17 1647. Page 13, line 22: delete that line and substitute "and research facilities ,
17and child care centers
that could not sustain".
AB508-AA1,9,19 1848. Page 14, line 1: delete that line and substitute "facilities, educational
19facilities, and research facilities, and child care centers".
AB508-AA1,9,20 2049. Page 14, line 2: delete "facilities".
AB508-AA1,9,21 2150. Page 14, line 12: after "educational institution," insert "or".
AB508-AA1,9,23 2251. Page 14, line 13: delete that line and substitute "research institution, or
23participating child care provider
, and".
AB508-AA1,10,1
152. Page 15, line 1: after "educational institutions," insert "and".
AB508-AA1,10,3 253. Page 15, line 2: delete that line and substitute "institutions, and
3participating child care provider
in an".
AB508-AA1,10,4 454. Page 15, line 6: delete lines 6 to 12 and substitute:
AB508-AA1,10,11 5"231.05 (1) By means of this chapter, it is the intent of the legislature to provide
6assistance and alternative methods of financing to nonprofit health institutions to
7aid them in providing needed health services consistent with the state's health plan,
8to nonprofit educational institutions to aid them in providing needed educational
9services, and to nonprofit research institutions to aid them in providing needed
10research facilities, and to nonprofit child care providers to aid them in providing
11needed child care services
.".
AB508-AA1,10,13 1255. Page 15, line 17: delete that line and substitute "or participating research
13institution, or participating child care provider".
AB508-AA1,10,14 1456. Page 15, line 18: delete "institution".
AB508-AA1,10,16 1557. Page 15, line 24: delete that line and substitute "facility, educational
16facility, or research facility, or child care center".
AB508-AA1,10,17 1758. Page 16, line 2: delete lines 2 to 7 and substitute:
AB508-AA1,10,23 18"231.07 (1) (b) Convey to the participating health institution, participating
19educational institution, or participating research institution, or participating child
20care provider
the authority's interest in the project and in any other health facility,
21educational facility, or research facility, or child care center leased, mortgaged, or
22subject to a deed of trust or any other form of security arrangement to secure the
23bond.".
AB508-AA1,11,3
159. Page 16, line 12: delete the material beginning with that line and ending
2with "institutions," on line 13 and substitute "or participating research institutions,
3or participating child care providers,".
AB508-AA1,11,8 460. Page 17, line 12: delete lines 12 to 15 and substitute "educational facilities,
5or research facilities, or child care centers with 2 or more health institutions,
6educational institutions, or research institutions, or child care providers, as lessees
7respectively, upon such terms as may be provided for in bond resolutions of the
8authority.".
AB508-AA1,11,10 961. Page 18, line 1: delete that line and substitute "educational institution,
10or research institution, or child care provider".
AB508-AA1,11,11 1162. Page 18, line 2: delete "institution".
AB508-AA1,11,12 1263. Page 18, line 4: delete lines 4 to 22 and substitute:
AB508-AA1,12,6 13"231.12 Studies and recommendations. It is the intent and purpose of this
14chapter that the exercise by the authority of the powers granted to it shall be in all
15respects for the benefit of the people of this state to assist them to provide needed
16health facilities, educational facilities, and research facilities, and child care centers
17of the number, size, type, distribution, and operation that will assure admission and
18health care, education, or research opportunities , or child care of high quality to all
19who need it. The authority shall identify and study all projects which are determined
20by health planning agencies to be needed, but which could not sustain a loan were
21such to be made to it under this chapter. The authority shall formulate and
22recommend to the legislature such amendments to this and other laws, and such
23other specific measures as grants, loan guarantees, interest subsidies, or other
24actions the state may provide which would render the construction and operation of

1needed health facilities, educational facilities, and research facilities, and child care
2centers
feasible and in the public interest. The authority also shall identify and
3study any laws or rules which it finds handicaps or bars a needed health facility,
4educational facility, or research facility, or child care center from participating in the
5benefits of this chapter, and recommend to the legislature such actions as will
6remedy such situation.".
AB508-AA1,12,11 764. Page 19, line 2: delete lines 2 to 5 and substitute "or participating research
8institution, or participating child care provider for each issuance of bonds. The
9contract shall provide that the rents or other revenues payable by the health facility,
10educational facility, or research facility, or child care center shall be sufficient at all
11times to:".
AB508-AA1,12,12 1265. Page 19, line 8: after "educational facilities," insert "or".
AB508-AA1,12,14 1366. Page 19, line 9: delete "facilities, or child care centers nonprofit facilities"
14and substitute "facilities, or child care centers".
AB508-AA1,12,15 1567. Page 20, line 1: after "educational institution," insert "or".
AB508-AA1,12,17 1668. Page 20, line 1: delete "institution, or participating child" and substitute
17"institution, or participating child".
AB508-AA1,12,18 1869. Page 20, line 2: delete "nonprofit institution".
AB508-AA1,12,19 1970. Page 20, line 11: after "educational institution," insert "or".
AB508-AA1,12,21 2071. Page 20, line 11: delete "institution, or participating child" and substitute
21"institution, or participating child".
AB508-AA1,12,22 2272. Page 20, line 12: delete "nonprofit institution".
AB508-AA1,12,23 2373. Page 21, line 6: after "educational institution," insert "or".
AB508-AA1,13,2
174. Page 21, line 6: delete "research institution," and substitute "research
2institution,".
AB508-AA1,13,4 375. Page 21, line 7: delete that line and substitute "or participating child care
4provider
as its agent, call for".
AB508-AA1,13,5 576. Page 21, line 11: delete lines 11 to 15 and substitute:
AB508-AA1,13,10 6"231.23 Nonprofit institutions. It is intended that all nonprofit health
7institutions, educational institutions, and research institutions, and child care
8providers
in this state be enabled to benefit from and participate in this chapter. To
9this end, all nonprofit health institutions, educational institutions, and research
10institutions, and child care providers operating, or authorized to be".
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