AB56-ASA1,285,15
1124.75 Interest, how accounted for. All money collected as interest upon any
12state trust fund loan shall be paid into the state treasury. All moneys collected as
13interest upon any trust fund loan are considered gross receipts and shall be credited
14to the income of the fund from which the loan was made
except that expenses may
15be deducted as provided under s. 24.62 (1).
AB56-ASA1,335q
16Section 335q. 24.77 of the statutes is amended to read:
AB56-ASA1,285,23
1724.77 Common school fund income. The common school fund income is
18constituted of the interest derived from the common school fund and from unpaid
19balances of purchase money on sales of common school lands; and all other revenues
20derived from the common school lands
; but the common school fund income and
21interest and revenues derived from the common school fund and from common school
22lands do not include expenses deducted from gross receipts permitted under ss. 24.04
23(2), 24.53 and 24.62 (1).
AB56-ASA1,335r
24Section 335r. 24.80 of the statutes is amended to read:
AB56-ASA1,286,11
124.80 Normal school fund. The lands and moneys described in s. 24.79, not
2being granted for any other specified purpose, accrue to the school fund under article
3X, section 2, of the constitution; and having been found unnecessary for the support
4and maintenance of common schools, are appropriated to the support and
5maintenance of state universities and suitable libraries and apparatus therefor, and
6to that end are set apart and denominated the “Normal School Fund". All lands,
7moneys, loans, investments
, and securities set apart to the normal school fund and
8all swamp lands and income and interest received on account of the capital of that
9fund constitute a separate and perpetual fund.
Normal school fund income, interest
10and revenues do not include expenses deducted from gross receipts permitted under
11ss. 24.04 (2), 24.53 and 24.62 (1).
AB56-ASA1,335s
12Section 335s. 24.81 of the statutes is amended to read:
AB56-ASA1,286,18
1324.81 University fund. All moneys accruing to the state under article X,
14section 6, of the constitution, and all other moneys paid into the state treasury on
15account of the capital of the university fund, constitute the university fund, which
16is a separate and perpetual fund.
University fund income, interest and revenues do
17not include expenses deducted from gross receipts permitted under ss. 24.04 (2),
1824.53 and 24.62 (1).
AB56-ASA1,335t
19Section 335t. 24.82 of the statutes is amended to read:
AB56-ASA1,287,6
2024.82 Agricultural college fund. All moneys derived from the sale of the
21lands and land scrip accruing to the state by virtue of the act of congress approved
22July 2, 1862, entitled “an act donating public lands to the several states and
23territories which may provide colleges for the benefit of agricultural and the
24mechanic arts," and income and interest received on account of the capital of the
25agricultural college fund, constitute the agricultural college fund, which is a
1separate and perpetual fund and shall remain forever undiminished.
Agricultural
2college fund income, interest and revenues do not include expenses deducted from
3gross receipts permitted under ss. 24.04 (2), 24.53 and 24.62 (1). If this fund is by
4any action or contingency impaired, a state tax is hereby levied sufficient to replace
5the same, to be collected with the state taxes for the next ensuing year and paid into
6this fund.
AB56-ASA1,336
7Section 336
. 25.17 (1) (ge) of the statutes is repealed.
AB56-ASA1,337
8Section 337
. 25.17 (1) (xp) of the statutes is repealed.
AB56-ASA1,338
9Section 338
. 25.36 (1) of the statutes is amended to read:
AB56-ASA1,288,510
25.36
(1) Except as provided in sub. (2), all moneys appropriated or transferred
11by law shall constitute the veterans trust fund which shall be used for the
lending
12of money to the mortgage loan repayment fund under s. 45.37 (5) (a) 12. and for the 13veterans programs under ss. 20.485 (2) (m), (tm), (u), and (z), and (5) (mn), (v), (vo),
14and (zm), 45.03 (19), 45.07, 45.20, 45.21, 45.40 (1m), 45.41, 45.42, 45.43, and 45.82
15and administered by the department of veterans affairs, including all moneys
16received from the federal government for the benefit of veterans or their dependents,
17and for the veteran grant jobs pilot program under s. 38.31 administered by the
18technical college system board; all moneys paid as interest on and repayment of loans
19under the post-war rehabilitation fund; soldiers rehabilitation fund, veterans
20housing funds as they existed prior to July 1, 1961; all moneys paid as interest on
21and repayment of loans under this fund; all moneys paid as expenses for, interest on,
22and repayment of veterans trust fund stabilization loans under s. 45.356, 1995 stats.;
23all moneys paid as expenses for, interest on, and repayment of veterans personal
24loans; the net proceeds from the sale of mortgaged properties related to veterans
25personal loans; all mortgages issued with the proceeds of the 1981 veterans home
1loan revenue bond issuance purchased with moneys in the veterans trust fund; all
2moneys received from the state investment board under s. 45.42 (8) (b);
all moneys
3received from the veterans mortgage loan repayment fund under s. 45.37 (7) (a) and
4(c); and all gifts of money received by the board of veterans affairs for the purposes
5of this fund.
AB56-ASA1,338m
6Section 338m. 25.40 (1) (k) of the statutes is created to read:
AB56-ASA1,288,77
25.40
(1) (k) Fees deposited under s. 168.128.
AB56-ASA1,339
8Section 339
. 25.43 (3) of the statutes is amended to read:
AB56-ASA1,288,139
25.43
(3) Except for the purpose of investment as provided in s. 25.17 (2) (d),
10the environmental improvement fund may be used only for the purposes authorized
11under ss. 20.320 (1) (r), (s), (sm), (t), and (x) and (2)
(r), (s)
, and (x), 20.370 (4) (mt),
12(mx) and (nz), (8) (mr) and (9) (mt), (mx) and (ny), 20.505 (1) (v), (x) and (y), 281.58,
13281.59, 281.60, 281.61, 281.62, and 283.31.
AB56-ASA1,339d
14Section 339d. 25.46 of the statutes is renumbered 25.46 (1).
AB56-ASA1,339f
15Section 339f. 25.46 (2m) of the statutes is created to read:
AB56-ASA1,288,1916
25.46
(2m) Of the moneys described in sub. (1) that are received for the purpose
17of environmental management, except the moneys described in sub. (1) (ej), (ek),
18(hm), (j), (jj), (t), and (u), $6,150,000 shall, in each fiscal year, be considered to have
19been received for the purpose of nonpoint source water pollution abatement.
AB56-ASA1,339m
20Section 339m. 25.47 (1) of the statutes is amended to read:
AB56-ASA1,288,2121
25.47
(1) The fees
imposed
deposited under s.
168.12 (1) 168.128.
AB56-ASA1,348
23Section 348
. 29.024 (11) of the statutes is created to read:
AB56-ASA1,289,324
29.024
(11) Automatic reissuance of approvals. The department may develop
25a system under which, when a person purchases an approval, the person may opt to
1automatically purchase the same approval for subsequent years. The department
2may contract with a 3rd party to store customer information in order to carry out this
3system.
AB56-ASA1,361
4Section 361
. 36.25 (57) of the statutes is created to read:
AB56-ASA1,289,85
36.25
(57) University of Wisconsin-Stevens Point paper science program. 6The Board of Regents shall ensure that at least 1.0 full-time equivalent position,
7funded from the appropriation under s. 20.285 (1) (qm), is created in the paper
8science program at the University of Wisconsin-Stevens Point.
AB56-ASA1,374
9Section 374
. 38.001 (3) (e) of the statutes is amended to read:
AB56-ASA1,289,1310
38.001
(3) (e) Provide education and services which address barriers created
11by stereotyping and discriminating and assist
individuals with disabilities, 12minorities, women
, and the
handicapped or disadvantaged to participate in the work
13force and the full range of technical college programs and activities.