AB68-SSA1,1586,1515
(b)
Interim employee trust funds board membership terms.
AB68-SSA1,1586,19
161. Notwithstanding s. 15.16 (1) (cm) 1., the employee trust funds board member
17appointed under. s. 15.165 (3) (a) 4., 2019 stats., who is a member on the effective date
18of this subdivision shall continue to serve on the employee trust funds board until
19April 30, 2022.
AB68-SSA1,1586,23
202. Notwithstanding s. 15.16 (1) (cm) 2., the employee trust funds board member
21appointed under s. 15.165 (3) (b) 7. or 8., 2019 stats., who is a member on the effective
22date of this subdivision shall continue to serve on the employee trust funds board
23until April 30, 2022.
AB68-SSA1,1587,2
243. Notwithstanding s. 15.16 (1) (cm) 1., the employee trust funds board member
25appointed under s. 15.165 (3) (b) 1., 2., 4., 5., or 8., 2019 stats., who is a member on
1the effective date of this subdivision shall continue to serve on the employee trust
2funds board until April 30, 2022.
AB68-SSA1,1587,6
34. Notwithstanding s. 15.16 (1) (cm) 1., the employee trust funds board member
4elected under s. 15.165 (3) (a) 7., 2019 stats., who is a member on the effective date
5of this subdivision shall continue to serve on the employee trust funds board until
6April 30, 2023.
AB68-SSA1,1587,10
75. Notwithstanding s. 15.16 (1) (cm) 1., the employee trust funds board member
8appointed under s. 15.165 (3) (a) 3. or 5., 2019 stats., who is a member on the effective
9date of this subdivision shall continue to serve on the employee trust funds board
10until April 30, 2023.
AB68-SSA1,1587,14
116. Notwithstanding s. 15.16 (1) (cm) 2., the employee trust funds board member
12appointed under s. 15.16 (1) (b), 2019 stats., but not under s. 15.16 (1) (b) 1. to 3., 2019
13stats., who is a member on the effective date of this subdivision shall continue to
14serve on the employee trust funds board until April 30, 2024.
AB68-SSA1,1587,18
157. Notwithstanding the term limits set forth in s. 15.16 (1) (intro.), 2019 stats.,
16and s. 15.16 (1) (cm) (intro.), and notwithstanding s. 15.16 (1) (cm) 3., the employee
17trust funds board member appointed under s. 15.16 (1) (c), 2019 stats., shall continue
18to serve on the employee trust funds board until April 30, 2024.
AB68-SSA1,1587,2219
8. Notwithstanding s. 15.16 (1) (cm) 2., the employee trust funds board member
20appointed or elected under s. 15.165 (3) (a) 1. or 2., 2019 stats., who is a member on
21the effective date of this subdivision shall continue to serve on the employee trust
22funds board until April 30, 2025.
AB68-SSA1,1588,223
9. Notwithstanding s. 15.16 (1) (cm) 2., the employee trust funds board member
24appointed under s. 15.165 (3) (b) 3., 6., or 7., 2019 stats., who is a member on the
1effective date of this subdivision shall continue to serve on the employee trust funds
2board until April 30, 2025.
AB68-SSA1,1588,63
10. Notwithstanding the term limits set forth in s. 15.16 (1) (intro.), 2019 stats.,
4and s. 15.16 (1) (cm) (intro.), the members elected under s. 15.16 (1) (d) and (f), 2019
5stats., who are members on the effective date of this subdivision shall continue to
6serve on the employee trust funds board until April 30, 2026.
AB68-SSA1,1588,77
(4)
Transfer of oversight of group disability benefit insurance plans.
AB68-SSA1,1588,128
(a)
Tangible personal property. On the effective date of this paragraph, all
9tangible personal property, including records, of the group insurance board that is
10primarily related to the group income continuation insurance plan or long-term
11disability insurance plan, as determined by the secretary of employee trust funds,
12is transferred to the employee trust funds board.
AB68-SSA1,1588,1913
(b)
Contracts. All contracts entered into by the group insurance board in effect
14on the effective date of this paragraph that are primarily related to the group income
15continuation insurance plan or long-term disability insurance plan, as determined
16by the secretary of employee trust funds, remain in effect and are transferred to the
17employee trust funds board. The employee trust funds board shall carry out any
18obligations under those contracts unless modified or rescinded by the employee trust
19funds board to the extent allowed under the contract.
AB68-SSA1,1588,2420
(c)
Rules. All rules promulgated by the secretary of employee trust funds and
21approved by the group insurance board in effect on the effective date of this
22paragraph that are primarily related to the group income continuation insurance
23plan or long-term disability insurance plan remain in effect until their specified
24expiration dates or until amended or repealed by the employee trust funds board.
AB68-SSA1,1589,7
1(d)
Pending matters. Any matter pending with the group insurance board on
2the effective date of this paragraph that is primarily related to the group income
3continuation insurance plan or long-term disability insurance plan, as determined
4by the secretary of employee trust funds, is transferred to the employee trust funds
5board. All materials submitted to or actions taken by the group insurance board with
6respect to the pending matter are considered as having been submitted to or taken
7by the employee trust funds board.
AB68-SSA1,1589,158
(5)
Actuarial study by group insurance board. The group insurance board,
9in consultation with the actuary selected under s. 40.03 (1) (d) to perform actuarial
10services for group health insurance plans offered by the group insurance board, shall
11conduct a study of the potential costs and savings to school districts and current plan
12participants if all Wisconsin school districts are required to participate in a group
13health insurance plan offered by the group insurance board. No later than June 30,
142022, the group insurance board shall submit a written report of the study to the
15governor and the joint committee on finance.
AB68-SSA1,9114
16Section 9114.
Nonstatutory provisions; Employment Relations
17Commission.
AB68-SSA1,9115
18Section 9115.
Nonstatutory provisions; Ethics Commission.
AB68-SSA1,1590,219
(1)
Temporary lobbying surcharge. With regard to lobbying for the 2021-22
20legislative session, a person who files the principal registration form under s. 13.64
21or the authorization statement under s. 13.65 shall pay to the ethics commission, in
22addition to the fees under s. 13.75 (1g) (b) and (d), a $55 surcharge for each such filing.
23If the fees have not been paid prior to the effective date of this subsection, the
24surcharge shall be submitted with the fees. If the fees have been paid prior to the
1effective date of this subsection, the surcharge shall be paid at the time and in the
2manner determined by the ethics commission.
AB68-SSA1,9116
3Section 9116.
Nonstatutory provisions; Financial Institutions.
AB68-SSA1,1590,44
(1)
Student loan servicers; implementation.
AB68-SSA1,1590,85
(a) No later than October 1, 2021, the department of financial institutions shall
6determine whether it can fully implement the provisions created in this act as subch.
7V of ch. 224 by October 1, 2021, and shall provide notice of this determination to the
8legislative reference bureau by that date.
AB68-SSA1,1590,159
(b) If the notice of the department of financial institutions under par. (a) states
10that the department cannot fully implement the provisions created in this act as
11subch. V of ch. 224 by October 1, 2021, the department shall provide notice to the
12legislative reference bureau of the date on which the provisions created in this act
13as subch. V of ch. 224 will be fully implemented, which date may not be later than
14January 1, 2023, and the legislative reference bureau shall publish a notice in the
15Wisconsin Administrative Register that specifies this date.
AB68-SSA1,1590,2016
(2)
Small business retirement savings board; staggered terms. 17Notwithstanding the length of terms specified for the members of the small business
18retirement savings board under s. 15.185 (4) (b), the members appointed under s.
1915.185 (4) (a) 3., 4., 6., and 8. shall be appointed for initial terms expiring on May 1,
202023.
AB68-SSA1,1590,2121
(3)
Children's savings and investment program.
AB68-SSA1,1590,2522
(a) The department of financial institutions shall collaborate with one or more
23philanthropic organizations to develop a statewide children's savings and
24investment program, funded and administered by the philanthropic organization or
25organizations.
AB68-SSA1,1591,3
1(b) The program under par. (a
) shall allow the balance of an account established
2under the program to be transferred to a college savings account established under
3s. 224.50, consistent with any contribution limits or requirements under s. 224.50.