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AB50-ASA2-AA7,59,2322(i) Covenant as to the rank or priority of any bonds with respect to any lien or
23security.
AB50-ASA2-AA7,60,4
1(j) Covenant as to the procedure by which the terms of any contract with or for
2the benefit of the holders of bonds may be amended or abrogated, the amount of
3bonds, the holders of which must consent thereto, and the manner in which such
4consent may be given.
AB50-ASA2-AA7,60,75(k) Covenant as to the custody and safekeeping of any of its properties or
6investments, the insurance to be carried on the property or investments, and the
7use and disposition of insurance proceeds.
AB50-ASA2-AA7,60,108(L) Covenant as to the vesting in one or more trustees, within or outside the
9state, of those properties, rights, powers, and duties in trust as the authority
10determines.
AB50-ASA2-AA7,60,1311(m) Covenant as to the appointing of, and providing for the duties and
12obligations of, one or more paying agent or other fiduciaries within or outside the
13state.
AB50-ASA2-AA7,60,1614(n) Make all other covenants and do any act that may be necessary or
15convenient or desirable in order to secure its bonds or, in the absolute discretion of
16the authority, tend to make the bonds more marketable.
AB50-ASA2-AA7,60,2017(o) Execute all instruments necessary or convenient in the exercise of the
18powers granted under this section or in the performance of covenants or duties,
19which may contain such covenants and provisions as a purchaser of the bonds of the
20authority may reasonably require.
AB50-ASA2-AA7,61,921(10) Refunding bonds. An authority may issue refunding bonds for the
22purpose of paying any of its bonds at or prior to maturity or upon acceleration or
23redemption. An authority may issue refunding bonds at such time prior to the

1maturity or redemption of the refunded bonds as the authority deems to be in the
2public interest. The refunding bonds may be issued in sufficient amounts to pay or
3provide the principal of the bonds being refunded, together with any redemption
4premium on the bonds, any interest accrued or to accrue to the date of payment of
5the bonds, the expenses of issue of the refunding bonds, the expenses of redeeming
6the bonds being refunded, and such reserves for debt service or other capital or
7current expenses from the proceeds of such refunding bonds as may be required by
8the resolution, trust indenture, or other security instruments. To the extent
9applicable, refunding bonds are subject to subs. (8) and (9).
AB50-ASA2-AA7,61,1210(11) Bonds eligible for investment. (a) Any of the following may invest
11funds, including capital in their control or belonging to them, in bonds of the
12authority:
AB50-ASA2-AA7,61,13131. Public officers and agencies of the state.
AB50-ASA2-AA7,61,14142. Local governmental units, as defined in s. 19.42 (7u).
AB50-ASA2-AA7,61,15153. Insurance companies.
AB50-ASA2-AA7,61,16164. Trust companies.
AB50-ASA2-AA7,61,18186. Savings banks.
AB50-ASA2-AA7,61,19197. Savings and loan associations.
AB50-ASA2-AA7,61,20208. Investment companies.
AB50-ASA2-AA7,61,21219. Personal representatives.
AB50-ASA2-AA7,61,222210. Trustees.
AB50-ASA2-AA7,61,232311. Other fiduciaries not listed in this paragraph.
AB50-ASA2-AA7,62,4
1(b) The authoritys bonds are securities that may be deposited with and
2received by any officer or agency of the state or any local governmental unit, as
3defined in s. 19.42 (7u), for any purpose for which the deposit of bonds or obligations
4of the state or any local governmental unit is authorized by law.
AB50-ASA2-AA7,62,135(12) Budgets; rates and charges; audit. The board of directors of an
6authority shall annually prepare a budget for the authority. Rates and other
7charges received by the authority shall be used only for the general expenses and
8capital expenditures of the authority, to pay interest, amortization, and retirement
9charges on bonds, and for specific purposes of the authority and may not be
10transferred to any political subdivision. The authority shall maintain an
11accounting system in accordance with generally accepted accounting principles and
12shall have its financial statements and debt covenants audited annually by an
13independent certified public accountant.
AB50-ASA2-AA7,62,1614(13) Withdrawal from authority. A participating political subdivision that
15joined an authority under sub. (2) (f) 2. may withdraw from an authority if all of the
16following conditions are met:
AB50-ASA2-AA7,62,1817(a) The governing body of the political subdivision adopts a resolution
18requesting withdrawal of the political subdivision from the authority.
AB50-ASA2-AA7,62,2019(b) The political subdivision has paid, or made provision for the payment of,
20all obligations of the political subdivision to the authority.
AB50-ASA2-AA7,62,2321(14) Duty to provide transit service. An authority shall provide, or
22contract for the provision of, transit service within the authoritys jurisdictional
23area.
AB50-ASA2-AA7,63,5
1(17) Other statutes. This section does not limit the powers of political
2subdivisions to enter into intergovernmental cooperation or contracts or to
3establish separate legal entities under s. 66.0301 or 66.1021 or any other applicable
4law, or otherwise to carry out their powers under applicable statutory provisions.
5Section 66.0803 (2) does not apply to an authority.
AB50-ASA2-AA7,1166Section 116. 67.01 (5) of the statutes is amended to read:
AB50-ASA2-AA7,63,14767.01 (5) Municipality means any of the following which is authorized to
8levy a tax: a county, city, village, town, school district, board of park commissioners,
9technical college district, metropolitan sewerage district created under ss. 200.01 to
10200.15 or 200.21 to 200.65, town sanitary district under subch. IX of ch. 60, transit
11authority created under s. 66.1039, public inland lake protection and rehabilitation
12district established under s. 33.23, 33.235, or 33.24, and any other public body
13empowered to borrow money and issue obligations to repay the money out of public
14funds or revenues. Municipality does not include the state.
AB50-ASA2-AA7,11715Section 117. 70.11 (2) of the statutes is amended to read:
AB50-ASA2-AA7,64,161670.11 (2) Municipal property and property of certain districts,
17exception. Property owned by any county, city, village, town, school district,
18technical college district, public inland lake protection and rehabilitation district,
19metropolitan sewerage district, municipal water district created under s. 198.22,
20joint local water authority created under s. 66.0823, transit authority created under
21s. 66.1039, regional planning commission created under s. 66.0309, long-term care
22district under s. 46.2895, or town sanitary district; lands belonging to cities of any
23other state used for public parks; land tax-deeded to any county or city before

1January 2; but any residence located upon property owned by the county for park
2purposes that is rented out by the county for a nonpark purpose shall not be exempt
3from taxation. Except as to land acquired under s. 59.84 (2) (d), this exemption
4shall not apply to land conveyed after August 17, 1961, to any such governmental
5unit or for its benefit while the grantor or others for his or her benefit are permitted
6to occupy the land or part thereof in consideration for the conveyance. The
7exemption under this subsection applies to the property of a regional planning
8commission that the commission owned prior to October 1, 2021. If a regional
9planning commission subsequently sells property exempt from taxation under this
10subsection, the exemption applies to property purchased and owned by the
11commission if the total size of all property owned by the commission is substantially
12similar in size to the total property owned by the commission prior to October 1,
132021. Any property of the regional planning commission in excess of that size
14restriction is subject to taxation under this chapter. Leasing the property exempt
15under this subsection, regardless of the lessee and the use of the leasehold income,
16does not render that property taxable.
AB50-ASA2-AA7,11817Section 118. 71.26 (1) (b) of the statutes is amended to read:
AB50-ASA2-AA7,64,221871.26 (1) (b) Political units. Income received by the United States, the state
19and all counties, cities, villages, towns, school districts, technical college districts,
20joint local water authorities created under s. 66.0823, transit authorities created
21under s. 66.1039, long-term care districts under s. 46.2895 or other political units of
22this state.
AB50-ASA2-AA7,11923Section 119. Chapter 77 (title) of the statutes is amended to read:
AB50-ASA2-AA7,65,14
1CHAPTER 77

2TAXATION OF FOREST CROPLANDS;

3 REAL ESTATE TRANSFER FEES;

4 SALES AND USE TAXES; COUNTY,

5 MUNICIPALITY, TRANSIT AUTHORITY,

6 AND SPECIAL DISTRICT SALES AND

7 USE TAXES; MANAGED FOREST LAND;

8 ECONOMIC DEVELOPMENT SURCHARGE;

9 LOCAL FOOD AND BEVERAGE TAX;

10 LOCAL RENTAL CAR TAX; PREMIER

11 RESORT AREA TAXES; STATE RENTAL

12 VEHICLE FEE; DRY CLEANING FEES;

13 ELECTRIC VEHICLE CHARGING TAX;

14 REGIONAL TRANSIT AUTHORITY FEES
AB50-ASA2-AA7,12015Section 120. 77.54 (9a) (er) of the statutes is created to read:
AB50-ASA2-AA7,65,161677.54 (9a) (er) Any transit authority created under s. 66.1039.
AB50-ASA2-AA7,12117Section 121. Subchapter V (title) of chapter 77 [precedes 77.70] of the
18statutes is amended to read:
AB50-ASA2-AA7,65,2320SUBCHAPTER V

21COUNTY, MUNICIPALITY, TRANSIT

22 AUTHORITY, AND SPECIAL DISTRICT

23 SALES AND USE TAXES
AB50-ASA2-AA7,12224Section 122. 77.708 of the statutes is created to read:
AB50-ASA2-AA7,66,7
177.708 Adoption by resolution; transit authority. (1) A transit
2authority created under s. 66.1039, by resolution under s. 66.1039 (4) (s), may
3impose a sales tax and a use tax under this subchapter at a rate not to exceed 0.5
4percent of the gross receipts or sales price. Those taxes may be imposed only in
5their entirety. The resolution shall be effective on the first day of the first calendar
6quarter that begins at least 120 days after a certified copy of the resolution is
7delivered to the department of revenue.
AB50-ASA2-AA7,66,138(2) Retailers and the department of revenue may not collect a tax under sub.
9(1) for any transit authority created under s. 66.1039 beginning on the first day of
10the calendar quarter that is at least 120 days after a certified copy of the repeal
11resolution under s. 66.1039 (4) (s) is delivered to the department of revenue, except
12that the department of revenue may collect from retailers taxes that accrued before
13such calendar quarter and fees, interest, and penalties that relate to those taxes.
AB50-ASA2-AA7,12314Section 123. 77.73 (2) of the statutes is amended to read:
AB50-ASA2-AA7,67,21577.73 (2) Counties, municipalities, and special districts, and transit
16authorities do not have jurisdiction to impose the tax under s. 77.71 (2) in regard to
17items, property, and goods under s. 77.52 (1) (b), (c), and (d), and tangible personal
18property, except snowmobiles, trailers, semitrailers, limited use off-highway
19motorcycles, as defined in s. 23.335 (1) (o), all-terrain vehicles, and utility terrain
20vehicles, purchased in a sale that is consummated in another county, municipality,
21or special district in this state, or in another transit authoritys jurisdictional area,
22that does not have in effect an ordinance or resolution imposing the taxes under this
23subchapter and later brought by the buyer into the county, municipality, or special

1district, or jurisdictional area of the transit authority that has imposed a tax under
2s. 77.71 (2).
AB50-ASA2-AA7,1243Section 124. 77.73 (2m) of the statutes is amended to read:
AB50-ASA2-AA7,67,11477.73 (2m) Counties, municipalities, and special districts, and transit
5authorities do not have jurisdiction to impose the tax under s. 77.71 (5) with regard
6to the lease or rental of a motor vehicle, boat, recreational vehicle, as defined in s.
7340.01 (48r), or aircraft if the lease or rental does not require recurring periodic
8payments and if the purchaser received the property in another county,
9municipality, or special district in this state or in another transit authoritys
10jurisdictional area, and then brings the property into a county, municipality, or
11special district, or transit authority that imposes the tax under s. 77.71 (5).
AB50-ASA2-AA7,12512Section 125. 77.73 (3) of the statutes is amended to read:
AB50-ASA2-AA7,67,231377.73 (3) Counties, municipalities, and special districts, and transit
14authorities have jurisdiction to impose the taxes under this subchapter on retailers
15who file, or who are required to file, an application under s. 77.52 (7) or who
16register, or who are required to register, under s. 77.53 (9) or (9m), regardless of
17whether such retailers are engaged in business in the county, municipality, or
18special district, or transit authoritys jurisdictional area, as provided in s. 77.51
19(13g). A retailer who files, or is required to file, an application under s. 77.52 (7) or
20who registers, or is required to register, under s. 77.53 (9) or (9m) shall collect,
21report, and remit to the department the taxes imposed under this subchapter for all
22counties, municipalities, or special districts, or transit authorities that have an
23ordinance or resolution imposing the taxes under this subchapter.
AB50-ASA2-AA7,12624Section 126. 77.75 of the statutes is amended to read:
AB50-ASA2-AA7,68,6
177.75 Reports. Every person subject to county, municipality, transit
2authority, or special district sales and use taxes shall, for each reporting period,
3record that persons sales made in the county, municipality, or special district, or
4jurisdictional area of a transit authority that has imposed those taxes separately
5from sales made elsewhere in this state and file a report as prescribed by the
6department of revenue.
AB50-ASA2-AA7,1277Section 127. 77.76 (1) of the statutes is amended to read:
AB50-ASA2-AA7,68,14877.76 (1) The department of revenue shall have full power to levy, enforce,
9and collect county, municipality, transit authority, and special district sales and use
10taxes and may take any action, conduct any proceeding, impose interest and
11penalties, and in all respects proceed as it is authorized to proceed for the taxes
12imposed by subch. III. The department of transportation and the department of
13natural resources may administer the county, municipality, transit authority, and
14special district sales and use taxes in regard to items under s. 77.61 (1).
AB50-ASA2-AA7,12815Section 128. 77.76 (2) of the statutes is amended to read:
AB50-ASA2-AA7,68,191677.76 (2) Judicial and administrative review of departmental determinations
17shall be as provided in subch. III for state sales and use taxes, and no county,
18municipality, transit authority, or special district may intervene in any matter
19related to the levy, enforcement, and collection of the taxes under this subchapter.
AB50-ASA2-AA7,12920Section 129. 77.76 (3w) of the statutes is created to read:
AB50-ASA2-AA7,69,142177.76 (3w) From the appropriation under s. 20.835 (4) (gc), the department of
22revenue shall distribute 98.5 percent of the taxes reported for each transit
23authority that has imposed taxes under this subchapter, minus the transit
24authority portion of the retailers discount, to the transit authority no later than

1the end of the 3rd month following the end of the calendar quarter in which such
2amounts were reported. At the time of distribution, the department of revenue
3shall indicate the taxes reported by each taxpayer. In this subsection, the transit
4authority portion of the retailers discount is the amount determined by
5multiplying the total retailers discount by a fraction the numerator of which is the
6gross transit authority sales and use taxes payable and the denominator of which is
7the sum of the gross state and transit authority sales and use taxes payable. The
8transit authority taxes distributed shall be increased or decreased to reflect
9subsequent refunds, audit adjustments, and all other adjustments of the transit
10authority taxes previously distributed. Interest paid on refunds of transit
11authority sales and use taxes shall be paid from the appropriation under s. 20.835
12(4) (gc) at the rate paid by this state under s. 77.60 (1) (a). Any transit authority
13receiving a report under this subsection is subject to the duties of confidentiality to
14which the department of revenue is subject under s. 77.61 (5).
AB50-ASA2-AA7,13015Section 130. 77.76 (4) of the statutes is amended to read:
AB50-ASA2-AA7,69,221677.76 (4) There shall be retained by the state 1.5 percent of the taxes collected
17for taxes imposed by special districts under s. 77.706 and transit authorities under
18s. 77.708, 0.75 percent of the taxes collected for taxes imposed by counties under s.
1977.70, and 1.75 percent of the taxes collected for taxes imposed by municipalities
20under s. 77.701 to cover costs incurred by the state in administering, enforcing, and
21collecting the tax. All interest and penalties collected shall be deposited and
22retained by this state in the general fund.
AB50-ASA2-AA7,13123Section 131. 77.76 (7) of the statutes is created to read:
AB50-ASA2-AA7,70,62477.76 (7) If a retailer receives notice from the department of revenue that the

1retailer is required to collect and remit the taxes imposed under s. 77.708, but the
2retailer believes that the retailer is not required to collect such taxes because the
3retailer is not doing business within the transit authoritys jurisdictional area, the
4retailer shall notify the department of revenue no later than 30 days after receiving
5notice from the department. The department of revenue shall affirm or revise its
6original determination no later than 30 days after receiving the retailers notice.
AB50-ASA2-AA7,1327Section 132. 77.77 (1) (a) of the statutes is amended to read:
AB50-ASA2-AA7,70,16877.77 (1) (a) The sales price from services subject to the tax under s. 77.52 (2)
9or the lease, rental, or license of tangible personal property and property, items,
10and goods specified under s. 77.52 (1) (b), (c), and (d), is subject to the taxes under
11this subchapter, and the incremental amount of tax caused by a rate increase
12applicable to those services, leases, rentals, or licenses is due, beginning with the
13first billing period starting on or after the effective date of the county ordinance,
14municipal ordinance, special district resolution, transit authority resolution, or
15rate increase, regardless of whether the service is furnished or the property, item,
16or good is leased, rented, or licensed to the customer before or after that date.
AB50-ASA2-AA7,13317Section 133. 77.77 (1) (b) of the statutes is amended to read:
AB50-ASA2-AA7,71,21877.77 (1) (b) The sales price from services subject to the tax under s. 77.52 (2)
19or the lease, rental, or license of tangible personal property and property, items,
20and goods specified under s. 77.52 (1) (b), (c), and (d) is not subject to the taxes
21under this subchapter, and a decrease in the tax rate imposed under this
22subchapter on those services first applies, beginning with bills rendered on or after
23the effective date of the repeal or sunset of a county ordinance, municipal ordinance,
24or special district resolution, or transit authority resolution imposing the tax or

1other rate decrease, regardless of whether the service is furnished or the property,
2item, or good is leased, rented, or licensed to the customer before or after that date.
AB50-ASA2-AA7,1343Section 134. 77.77 (3) of the statutes is amended to read:
AB50-ASA2-AA7,71,14477.77 (3) The sale of building materials to contractors engaged in the
5business of constructing, altering, repairing or improving real estate for others is
6not subject to the taxes under this subchapter, and the incremental amount of tax
7caused by the rate increase applicable to those materials is not due, if the materials
8are affixed and made a structural part of real estate, and the amount payable to the
9contractor is fixed without regard to the costs incurred in performing a written
10contract that was irrevocably entered into prior to the effective date of the county
11ordinance, municipal ordinance, special district resolution, transit authority
12resolution, or rate increase or that resulted from the acceptance of a formal written
13bid accompanied by a bond or other performance guaranty that was irrevocably
14submitted before that date.
AB50-ASA2-AA7,13515Section 135. 77.78 of the statutes is amended to read:
AB50-ASA2-AA7,71,231677.78 Registration. No motor vehicle, boat, snowmobile, recreational
17vehicle, as defined in s. 340.01 (48r), trailer, semitrailer, all-terrain vehicle, utility
18terrain vehicle, off-highway motorcycle, as defined in s. 23.335 (1) (q), or aircraft
19that is required to be registered by this state may be registered or titled by this state
20unless the registrant files a sales and use tax report and pays the county tax,
21municipal tax, transit authority tax, and special district tax at the time of
22registering or titling to the state agency that registers or titles the property. That
23state agency shall transmit those tax revenues to the department of revenue.
AB50-ASA2-AA7,136
1Section 136. Subchapter XIV of chapter 77 [precedes 77.9981] of the
2statutes is created to read:
AB50-ASA2-AA7,72,54SUBCHAPTER XIV

5REGIONAL TRANSIT AUTHORITY FEE
AB50-ASA2-AA7,72,17677.9981 Imposition. A regional transit authority created under s. 66.1039
7(2) may impose a fee at a rate not to exceed $2 for each transaction in the authoritys
8jurisdictional area, as described in s. 66.1039 (2), on the rental, but not for rerental
9and not for rental as a service or repair replacement vehicle, of Type 1 automobiles,
10as defined in s. 340.01 (4) (a), by establishments primarily engaged in short-term
11rental of passenger cars without drivers, for a period of 30 days or less, unless the
12sale is exempt from the sales tax under s. 77.54 (1), (4), (7) (a), (7m), (9), or (9a). The
13fee imposed under this subchapter shall be effective on the first day of the first
14month that begins at least 90 days after the board of directors of the regional transit
15authority approves the imposition of the fee and notifies the department of revenue.
16The board of directors shall notify the department of a repeal of the fee imposed
17under this subchapter at least 60 days before the effective date of the repeal.
AB50-ASA2-AA7,72,201877.9982 Administration. (1) The department of revenue shall administer
19the fee under this subchapter and may take any action, conduct any proceeding, and
20impose interest and penalties.
AB50-ASA2-AA7,73,421(2) Sections 77.51 (12m), (14), (14g), (15a), and (15b), 77.52 (1b), (3), (5), (13),
22(14), (18), and (19), 77.522, 77.58 (1) to (5), (6m), and (7), 77.585, 77.59, 77.60, 77.61
23(2), (3m), (5), (8), (9), and (12) to (15), and 77.62, as they apply to the taxes under

1subch. III, apply to the fee under this subchapter. Section 77.73, as it applies to the
2taxes under subch. V, applies to the fee under this subchapter. The renter shall
3collect the fee under this subchapter from the person to whom the passenger car is
4rented.
AB50-ASA2-AA7,73,165(3) From the appropriation under s. 20.835 (4) (gh), the department of
6revenue shall distribute 97.45 percent of the fees collected under this subchapter for
7each regional transit authority to that authority and shall indicate to the authority
8the fees reported by each fee payer in the authoritys jurisdiction, no later than the
9end of the month following the end of the calendar quarter in which the amounts
10were collected. The fees distributed shall be increased or decreased to reflect
11subsequent refunds, audit adjustments, and all other adjustments. Interest paid on
12refunds of the fee under this subchapter shall be paid from the appropriation under
13s. 20.835 (4) (gh) at the rate under s. 77.60 (1) (a). Any regional transit authority
14that receives a report along with a payment under this subsection is subject to the
15duties of confidentiality to which the department of revenue is subject under s.
1677.61 (5).
AB50-ASA2-AA7,73,2017(4) Persons who are subject to the fee under this subchapter shall register
18with the department of revenue. Any person who is required to register; including
19any person authorized to act on behalf of a corporation, partnership, or other person
20who is required to register; who fails to do so is guilty of a misdemeanor.
AB50-ASA2-AA7,73,2221(5) A retailer who collects a fee under this subchapter shall identify the fee as
22a separate item on a receipt the retailer provides to a rental customer.
AB50-ASA2-AA7,74,52377.9983 Discontinuation. Retailers and the department of revenue may not

1collect fees under this subchapter for any regional transit authority after the
2calendar quarter during which the regional transit authority ceases to exist, except
3that the department may collect from retailers fees that accrued before that
4calendar quarter and interest and penalties that relate to those fees. If fees are
5collected, the authority may use the revenue for any lawful purpose.
AB50-ASA2-AA7,1376Section 137. 85.064 (1) (b) of the statutes is amended to read:
AB50-ASA2-AA7,74,9785.064 (1) (b) Political subdivision means any city, village, town, county, or
8transit commission organized under s. 59.58 (2) or 66.1021 or recognized under s.
966.0301, or transit authority created under s. 66.1039 within this state.
AB50-ASA2-AA7,13810Section 138. 345.05 (1) (ag) of the statutes is created to read:
AB50-ASA2-AA7,74,1211345.05 (1) (ag) Authority means a transit authority created under s.
1266.1039.
AB50-ASA2-AA7,13913Section 139. 345.05 (2) of the statutes is amended to read:
AB50-ASA2-AA7,74,2214345.05 (2) A person suffering any damage proximately resulting from the
15negligent operation of a motor vehicle owned and operated by a municipality or
16authority, which damage was occasioned by the operation of the motor vehicle in the
17course of its business, may file a claim for damages against the municipality or
18authority concerned and the governing body of the municipality or the board of
19directors of the authority may allow, compromise, settle and pay the claim. In this
20subsection, a motor vehicle is deemed owned and operated by a municipality or
21authority if the vehicle is either being rented or leased, or is being purchased under
22a contract whereby the municipality or authority will acquire title.
AB50-ASA2-AA7,14023Section 140. 611.11 (4) (a) of the statutes is amended to read:
AB50-ASA2-AA7,75,2
1611.11 (4) (a) In this subsection, municipality has the meaning given in s.
2345.05 (1) (c), but also includes any transit authority created under s. 66.1039.
AB50-ASA2-AA7,93373Section 9337. Initial applicability; Revenue.
AB50-ASA2-AA7,75,54(1) Transit authority property tax exemption. The treatment of s. 70.11
5(2) first applies to the property tax assessments as of January 1, 2025..
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