SB896: Bill Text

LRB-5571/1

ARG:wlj

2023 - 2024 LEGISLATURE

2023 Senate BILL 896

January 10, 2024 - Introduced by Senator Stafsholt, cosponsored by Representative Zimmerman. Referred to Joint Committee on Finance.

SB896,1,3 An Act to amend 20.235 (1) (e) (title) and 20.285 (1) (gb) of the statutes; relating to: funding related to a Minnesota-Wisconsin student reciprocity agreement and making an appropriation.

Analysis by the Legislative Reference Bureau

This bill specifies a funding mechanism for a Minnesota-University of Wisconsin System student reciprocity agreement providing for waiver of nonresident tuition.

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

SB896,1 Section 1 . 20.235 (1) (e) (title) of the statutes is amended to read:

SB896,1,6 20.235 (1) (e) (title) Minnesota-Wisconsin public vocational school student reciprocity agreement.

SB896,2 Section 2 . 20.285 (1) (gb) of the statutes is amended to read:

SB896,2,8 20.285 (1) (gb) General program operations. All moneys received from the operation of educational programs and related programs and as earnings from investments under s. 36.11 (11m) to carry out the purposes for which received, including the transfer of funds to par. (gj), and for payment of any reimbursement obligation under a Minnesota-University of Wisconsin System student reciprocity agreement providing for waiver of nonresident tuition. All tuition and fees received by the University of Wisconsin System under such an agreement and any net obligations received under such an agreement shall be credited to this appropriation. In each fiscal year, the Board of Regents shall transfer no more than $30,338,500 from this appropriation account to the medical assistance trust fund.

SB896,3 Section 3. Effective date.

SB896,2,10 (1) This act takes effect on July 1, 2023.

SB896,2,11 (End)