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SB482,,112023 SENATE BILL 482
October 9, 2023 - Introduced by Senator Feyen, cosponsored by Representatives Brooks, Duchow, Binsfeld, Michalski, O’Connor, Plumer, Rozar and Schmidt. Referred to Committee on Government Operations.
SB482,,22An Act to create 20.505 (1) (au) and 20.505 (1) (av) of the statutes; relating to: funding for improvement of baseball park facilities and making an appropriation.
SB482,,33Analysis by the Legislative Reference Bureau
This bill provides a total of $411,500,000 in funding from the 2023-24 fiscal year to the 2045-46 fiscal year for the Department of Administration to make payments under a grant awarded to a local professional baseball park district for the purpose of assisting in the development, construction, improvement, repair, and maintenance of baseball park facilities. The bill separately provides a total of $50,000,000 in funding for short-term loans awarded by DOA to a local professional baseball park district for that purpose.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
SB482,,44The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SB482,15Section 1. 20.505 (1) (au) of the statutes is created to read:
SB482,,6620.505 (1) (au) Grant to local professional baseball park district. A sum sufficient for payments to a local professional baseball park district under s. 16.09 (3) to assist in the development, construction, improvement, repair, and maintenance of baseball park facilities, not to exceed the following:
SB482,,771. In fiscal year 2023-24, $60,800,000.
SB482,,882. In fiscal year 2024-25, $13,400,000.
SB482,,993. In fiscal year 2025-26, $13,900,000.
SB482,,10104. In fiscal year 2026-27, $14,500,000.
SB482,,11115. In fiscal year 2027-28, $15,100,000.
SB482,,12126. In fiscal year 2028-29, $15,700,000.
SB482,,13137. In fiscal year 2029-30, $16,300,000.
SB482,,14148. In fiscal year 2030-31, $17,000,000.
SB482,,15159. In fiscal year 2031-32, $17,600,000.
SB482,,161610. In fiscal year 2032-33, $18,300,000.
SB482,,171711. In fiscal year 2033-34, $19,100,000.
SB482,,181812. In each fiscal year from 2034-35 to 2040-41, $20,000,000.
SB482,,191913. In each fiscal year from 2041-42 to 2045-46, $10,000,000.
SB482,220Section 2. 20.505 (1) (av) of the statutes is created to read:
SB482,,212120.505 (1) (av) Loans to local professional baseball park district. A sum sufficient for loans to a local professional baseball park district created under subch. III of ch. 229 to assist in the development, construction, improvement, repair, and maintenance of baseball park facilities, as defined in s. 229.65 (1), not to exceed $50,000,000 in the aggregate.
SB482,,2222(end)
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