Amendment SA2-SB692

EVM:cjs&amn

2021 - 2022 LEGISLATURE

SENATE AMENDMENT 2, TO SENATE BILL 692

January 14, 2022 - Offered by Senator Cowles.

SB692-SA2,1,1 At the locations indicated, amend the bill as follows:

SB692-SA2,1,2 1. Page 4, line 13: after “1." insert “(intro.)".

SB692-SA2,1,3 2. Page 4, line 15: after “1." insert “(intro.)".

SB692-SA2,1,7 3. Page 4, line 18: delete lines 18 to 22 and substitute “located in the political subdivision for a brownfield revitalization project or for the financing or refinancing of a project for making or, installing an, operating, or maintaining any of the following with regard to the premises:

SB692-SA2,1,8 a. An energy efficiency or reliability improvement, a.

SB692-SA2,1,9 b. A water efficiency improvement, or a.

SB692-SA2,1,10 c. A renewable resource application to the premises.

SB692-SA2,8c Section 8c. 66.0627 (8) (a) 1. d. of the statutes is created to read:

SB692-SA2,1,12 66.0627 (8) (a) 1. d. An EV infrastructure improvement.

SB692-SA2,8e Section 8e. 66.0627 (8) (a) 1. e. of the statutes is created to read:

SB692-SA2,2,1 66.0627 (8) (a) 1. e. A resiliency improvement.

SB692-SA2,8g Section 8g. 66.0627 (8) (a) 1. f. of the statutes is created to read:

SB692-SA2,2,3 66.0627 (8) (a) 1. f. A storm water control measure.”.

SB692-SA2,2,4 4. Page 4, line 25: before “making" insert “a project for".

SB692-SA2,2,8 5. Page 5, line 12: delete lines 12 and 13 and substitute “agreement under par. (a) 1. or (ag), the political subdivision may collect the loan repayment amounts due under the loan or agreement as a special charge under this section. Notwithstanding sub. (4), a special”.

SB692-SA2,2,9 6. Page 5, line 19: after that line insert:

SB692-SA2,2,10 “ Section 10m. 66.0627 (8) (b) of the statutes is amended to read:

SB692-SA2,2,15 66.0627 (8) (b) A political subdivision that imposes a special charge under par. (am) may permit special charge installments to be collected by a 3rd party that has provided financing for the improvement or application project under par. (a) and may require that the 3rd party inform the political subdivision if a special charge installment is delinquent.”.

SB692-SA2,2,16 7. Page 5, line 23: after “(a)" insert “1.".

SB692-SA2,2,21 8. Page 5, line 24: delete the material beginning with that line and ending with page 6, line 1, and substitute “improvement or application as of the date of delinquency project under par. (a) in the amount payable under the loan or agreement. A lien under this paragraph attaches as of the date of the initial funding of the loan or date of the agreement, runs with the land, and has the same”.

SB692-SA2,3,2 9. Page 6, line 14: delete lines 14 to 16 and substitute “loan to, or enters an agreement with, an owner or lessee for making or installing an improvement or application that costs $250,000 or more a project under par. (a) shall require the owner or lessee to obtain a written guarantee from the”.

SB692-SA2,3,3 10. Page 7, line 7: delete lines 7 to 9 and substitute:

SB692-SA2,3,6 “66.0627 (8) (d) 2. After the project under par. (a) is complete, provide a verification that the project was properly made, installed, or maintained or, for a loan or agreement”.

SB692-SA2,3,8 11. Page 7, line 10: delete “an improvement or application" and substitute “a project".

SB692-SA2,3,10 12. Page 7, line 11: delete “improvement or application" and substitute “project".

SB692-SA2,3,11 13. Page 7, line 16: after “mortgage" insert “of record".

SB692-SA2,3,12 (End)