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Introduction, First Reading, and
Reference of Proposals
Read first time and referred:
Senate Bill 50
Relating to: wind energy system rules.
By joint committee for review of Administrative Rules.
To committee on Judiciary, Utilities, Commerce, and Government Operations.
Senate Bill 51
Relating to: the Wisconsin Small Company Advancement grant program and making an appropriation.
By Senators Lassa, Hansen, Holperin, Vinehout, Jauch, S. Coggs, Taylor and Erpenbach; cosponsored by Representatives Kerkman, Fields, Barca, Clark, Sinicki and Shilling.
To committee on Agriculture, Forestry, and Higher Education.
Senate Bill 52
Relating to: requiring the Wisconsin Economic Development Corporation to issue bonds and notes to raise capital for investment by venture capital funds in Wisconsin businesses.
By Senators Lassa, Hansen, Holperin, Vinehout, Jauch, Miller, Taylor and Erpenbach; cosponsored by Representatives Berceau, Vruwink, Clark and Sinicki.
To committee on Economic Development and Veterans and Military Affairs.
Senate Bill 53
Relating to: remission of fees for veterans and their dependents enrolled in the University of Wisconsin System or in a technical college and making an appropriation.
By Senators Lassa, Hansen, Holperin, Vinehout, T. Cullen, Jauch, S. Coggs and Taylor; cosponsored by Representatives Barca, Grigsby, Berceau, Fields, Vruwink, Clark, Mason, Sinicki, Turner and Bernard Schaber.
To committee on Economic Development and Veterans and Military Affairs.
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Petitions and Communications
State of Wisconsin
Office of the Governor
April 1 , 2011
To the Honorable, the Senate:
The following bill(s), originating in the Senate, have been approved, signed and deposited in the office of the Secretary of State:
Bill Number Act Number Date Approved
Senate Bill 11 Act 12 March 31 , 2011
Respectfully submitted,
SCOTT WALKER
Governor
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S203 State of Wisconsin
Department of Administration
March 31, 2011
The Honorable, The Legislature:
This report is transmitted as required by s. 20.002(11)(f), Wisconsin Statutes, (for distribution to the appropriate standing committees under s. 13.172(3), Wisconsin Statutes) and confirms that the Department of Administration has found it necessary to exercise the "temporary reallocation of balances" authority provided by this section in order to meet payment responsibilities and cover resulting negative cash balances during the month of February 2011.
On February 1, 2011, the Medical Assistance Trust Fund cash balance closed at a negative $199.5 million (its intra-month low). This negative balance continued through February 28, 2011, when the fund's cash balance closed at a negative $194.7 million.
On February 1, 2011, the Police and Fire Protection Fund cash balance closed at a negative $34.1 million (its intra-month low). This negative balance continued through February 28, 2011, when the fund's cash balance closed at a negative $30.0 million.
On February 1, 2011, the Conservation Fund cash balance closed at a negative $14.5 million. This negative balance continued through February 28, 2011, when the fund's cash balance closed at a negative $22.5 million. The Conservation Fund cash balance reached its intra-month low of a negative $31.3 million on February 24, 2011.
On February 1, 2011, the Democracy Trust Fund cash balance closed at a negative $300 thousand. This negative balance continued through February 28, 2011, when the fund's cash balance closed at a negative $901 thousand (its intra-month low).
On February 22, 2011, the Support Collections Trust Fund cash balance closed at a negative $2.6 million. This negative balance continued intermittently through February 28, 2011, when the fund's cash balance closed at a negative $1.1 million. The Support Collections Trust Fund cash balance reached its intra-month low of a negative $3.3 million on February 23, 2011.
The Medical Assistance Trust Fund, Police and Fire Protection Fund, Conservation Fund, Democracy Trust Fund, and Support Collections Trust fund shortfalls were due to the difference in the timing of revenues and expenditures, were not in excess of the statutory interfund borrowing limitations and did not exceed the balances of the funds available for interfund borrowing.
The distribution of interest earnings to investment pool participants is based on the average daily balance in the pool and each fund's share. Therefore, the monthly calculation by the State Controller's Office will automatically reflect the use of these temporary reallocations of balance authority, and as a result, the funds requiring the use of the authority will effectively bear the interest cost.
Sincerely,
Mike Huebsch
Secretary
Referred to joint committee on Finance.
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Referrals and Receipt of Committee Reports Concerning Proposed Administrative Rules
Relating to the revocation of probation, parole, or extended supervision.
Submitted by Department of Corrections.
Report received from Agency, March 31, 2011.
Referred to committee on Labor, Public Safety, and Urban Affairs, April 1, 2011 .
Relating to offender field supervision.
Submitted by Department of Corrections.
Report received from Agency, March 31, 2011.
Referred to committee on Labor, Public Safety, and Urban Affairs, April 1, 2011 .
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