Note: Inserts correct cross-reference. 1995 Wis. Act 400 renumbered s. 180.1602 (1) to s. 180.1602 (1m) and failed to change the first cross-reference in this subsection to s. 180.1602 (1m).

AB878,47 Section 47. 196.491 (3m) (a) (intro.) of the statutes is amended to read:

AB878,13,13 196.491 (3m) (a) Commission approval required. (intro.) Except as provided in par. (e) 1., an affiliated interest of a public utility may not own, control or operate a wholesale merchant plant without the approval of the commission. The commission shall grant its approval only if each of the following is satisfied:

Note: Fixes cross-reference to accommodate the renumbering of s. 196.491 (3m) (e) 1. to s. 196.491 (3m) (e) in this bill. See Section 51 of this bill.

AB878,48 Section 48. 196.491 (3m) (c) 1. (intro.) and a. of the statutes are consolidated, renumbered 196.491 (3m) (c) 1. and amended to read:

AB878,13,18 196.491 (3m) (c) 1. In this paragraph: a. “Electric, “electric sale" means a sale of electricity that is generated at a wholesale merchant plant that is owned, operated, or controlled by an affiliated interest.

Note: Corrects statutory numbering to accommodate the repeal of s. 196.491 (3m) (c) 1. b. in this bill. Adds comma consistent with current style. See the following Section of this bill.

AB878,49 Section 49. 196.491 (3m) (c) 1. b. of the statutes is repealed.

Note: Removes extraneous definition. Section 196.491 (3m) (c) 1. b. provides a definition of “firm sale” in s. 196.491 (3m) (c), but that term does not otherwise appear in s. 196.491 (3m) (c) as a result of the repeal of s. 196.491 (3m) (c) 3. by 2019 Wis. Act. 9 and the repeal of s. 196.491 (3m) (e) 2. by this bill. See the previous Section and Section 52 of this bill.

AB878,50 Section 50. 196.491 (3m) (e) (title) of the statutes is repealed and recreated to read:

AB878,14,3 196.491 (3m) (e) (title) Exemption.

Note: Changes the title of this paragraph from plural to singular to accommodate the repeal of s. 196.491 (3m) (e) 2. in this bill. See Section 52 of this bill.

AB878,51 Section 51 . 196.491 (3m) (e) 1. of the statutes is renumbered 196.491 (3m) (e).

Note: Corrects statutory numbering to accommodate the repeal of s. 196.491 (3m) (e) 2. in this bill. See Section 52 of this bill.

AB878,52 Section 52 . 196.491 (3m) (e) 2. of the statutes is repealed.

Note: Removes extraneous language. This subdivision provides an exemption to the requirement under s. 196.491 (3m) (c) 3., which was repealed by 2019 Wis. Act. 9. See also Section 51 of this bill.

AB878,53 Section 53. 196.795 (6m) (c) of the statutes is amended to read:

AB878,14,12 196.795 (6m) (c) Wholesale merchant plants. The assets of a wholesale merchant plant shall not be included in the sum of the assets of a public utility affiliate under par. (b) 1. a., b., or c. and shall not be included in a nonutility affiliate's total assets under par. (b) 2. a. if the requirements specified in s. 196.491 (3m) (a) 1. and 2. are satisfied or if the wholesale merchant plant qualifies for the exemption under s. 196.491 (3m) (e) 1.

Note: Fixes cross-reference to accommodate the renumbering of s. 196.491 (3m) (e) 1. to s. 196.491 (3m) (e) in this bill. Adds comma consistent with current style. See Section 51 of this bill.

AB878,54 Section 54. 218.05 (15) (title) of the statutes is created to read:

AB878,14,14 218.05 (15) (title) Penalty.

Note: The other subsections in s. 218.05 have titles.

AB878,55 Section 55. 218.22 (4) (title) of the statutes is repealed.

Note: The other subsections in s. 218.22 do not have titles.

AB878,56 Section 56. 234.907 (2) (cm) of the statutes, as affected by 2019 Wisconsin Act 62, is amended to read:

AB878,15,7 234.907 (2) (cm) The total guarantee amount of all loans to the borrower that are guaranteed under this section and that are made for working capital or an item necessary to, or used to, commercially harvest whitefish from Lake Superior will not exceed $100,000. This subsection paragraph does not apply to a loan guaranteed under sub. (4).

Note: Inserts correct cross-reference.

AB878,57 Section 57. 250.20 (1) (j) of the statutes is amended to read:

AB878,15,11 250.20 (1) (j) “Poverty line" means the nonfarm federal poverty line for the continental United States, as defined by the federal department of labor under in 42 USC 9902 (2).