January 10, 2024 - Introduced by Senators Marklein, Cowles, LeMahieu, Ballweg, Felzkowski, Feyen, James, Testin and Wimberger, cosponsored by Representatives Born, Wittke, Vos, Behnke, Binsfeld, Duchow, Katsma, Krug, Kurtz, Magnafici, Maxey, Melotik, Mursau, Novak, O’Connor, Penterman, Plumer, Schmidt, Swearingen and Murphy. Referred to Joint Committee on Finance.
SB895,,22An Act to amend 20.866 (2) (t) and 20.867 (3) (x) of the statutes; and to affect 2023 Wisconsin Act 19, section 9104 (1) (i) 1. em. and es., 2023 Wisconsin Act 19, section 9104 (1) (i) 3. ed., eh., ep. and et., 2023 Wisconsin Act 19, section 9104 (1) (i) 4. fm. and fs. and 2023 Wisconsin Act 19, section 9104 (1) (i) 4g.; relating to: amendments to the 2023-25 capital budget for University of Wisconsin System projects, granting bonding authority, and making an appropriation. SB895,,33Analysis by the Legislative Reference Bureau This bill amends the 2023-25 Authorized State Building Program to add the following projects for the University of Wisconsin System:
1. UW–Madison: demolition of an engineering facility and construction of a replacement engineering building.
2. UW–Madison: Kronshage-Jorns-Humphrey Residence Halls additions and renovations.
3. UW–Whitewater: Winther/Heide Hall entry additions and renovations.
4. Systemwide: demolition projects.
5. Systemwide: central plants and utility distribution renovations.
In addition to moneys contributed from other funding sources, such as gifts and program revenues, the bill transfers $423,273,000 from the general fund to the capital improvement fund for the purpose of funding these projects, except that the UW–Madison Kronshage-Jorns-Humphrey Residence Halls project is funded solely from program revenue supported borrowing and program revenues.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
SB895,,44The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: SB895,,6620.866 (2) (t) University of Wisconsin; self-amortizing facilities. From the capital improvement fund, a sum sufficient for the board of regents of the University of Wisconsin System to acquire, construct, develop, enlarge, or improve university self-amortizing educational facilities and facilities to support such facilities. The state may contract public debt in an amount not to exceed $2,740,855,400 for this purpose. The state may contract additional public debt in an amount up to $435,866,700 for this purpose. The state may contract additional public debt in an amount up to $83,875,000 for this purpose. The state may contract additional public debt in an amount up to $164,922,000 for this purpose. The state may contract additional public debt in an amount up to $110,219,000 for this purpose. Of those amounts, $4,500,000 is allocated only for the University of Wisconsin-Madison indoor practice facility for athletic programs and only at the time that ownership of the facility is transferred to the state. SB895,,8820.867 (3) (x) Segregated revenue supported building program projects; inflationary project cost overruns. From the capital improvement fund, as a continuing appropriation, all moneys transferred under 2023 Wisconsin Act 19, section 9251 (1), and 2023 Wisconsin Act .... (this act), section 9251 (1), to fund the projects enumerated under 2023 Wisconsin Act 19, section 9104 (1), including the project created by 2023 Wisconsin Act .... (this act), section 4, in the amounts designated as “segregated revenue” in that section for those projects; to fund the other expenditures and allocations designated as “segregated revenue” under 2023 Wisconsin Act 19, section 9104 (4) to (13); and to offset building program project budget cost overruns caused by inflation under s. 13.48 (2) (L) in a total amount up to $20,000,000. SB895,910417Section 9104. Nonstatutory provisions; Building Commission. SB895,,1818(1) UW-System projects. In the 2023-25 Authorized State Building Program, the appropriate totals are adjusted to reflect the changes made by Sections 3 to 6 of this act. SB895,,2020(1) Transfer to the capital improvement fund. There is transferred from the general fund to the capital improvement fund $423,273,000 during the 2023-25 fiscal biennium to fund the projects enumerated under Section 4 of this act.
