SB 895 — Relating to: amendments to the 2023-25 capital budget for University of Wisconsin System projects, granting bonding authority, and making an appropriation.

SECTION 1.

20.866 (2) (t) of the statutes, as affected by 2023 Wisconsin Act 19, is amended to read:

20.866 (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.

SECTION 2.

20.867 (3) (x) of the statutes, as created by 2023 Wisconsin Act 19, is amended to read:

20.867 (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),d the LRB-5550/1 - 2024 Legislature - 3 - MPG:amn/emw/wlj S ECTION 2 SENATE BILL 895 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.

S ECTION 3.

2023 Wisconsin Act 19, section 9104 (1) (i) 1.

em.

and es.

are created to read:

[2023 Wisconsin Act 19] Section 9104 (1) (i) UNIVERSITY OFW ISCONSIN SYSTEM 1.

Projects financed with program revenue supported borrowing:

em.

Madison — Kronshage-Jorns-Humphrey Residence Halls additions and renovations 69,211,000 (Total project all funding sources $79,211,000) es.

Systemwide — central plants and utility distribution renovations 41,008,000 (Total project all funding sources $149,269,000) S ECTION 4.

2023 Wisconsin Act 19, section 9104 (1) (i) 3.

ed., eh., ep.

and et.

are created to read:

[2023 Wisconsin Act 19] Section 9104 (1) - 2024 Legislature - 4 - LRB-5550/1 MPG:amn/emw/wlj SENATE BILL 895 SECTION 4 (i) UNIVERSITY OF W ISCONSIN SYSTEM 3.

Projects financed by segregated revenue:

ed.

Madison — engineering replacement building/computer-aided engineering facility demolition 197,336,000 (Total project all funding sources $347,336,000) eh.

Whitewater — Winther/Heide Hall entry additions and renovations 75,489,000 ep.

Systemwide — demolition projects 45,400,000 et.

Systemwide — central plants and utility distribution renovations 105,048,000 (Total project all funding sources $149,269,000) SECTION 5.

2023 Wisconsin Act 19, section 9104 (1) (i) 4.

fm.

and fs.

are created to read:

[2023 Wisconsin Act 19] Section 9104 (1) (i) UNIVERSITY OF W ISCONSIN SYSTEM 4.

Projects financed with program revenue:

fm.

Madison — Kronshage-Jorns-Humphrey Residence Halls additions and renovations 10,000,000 (Total project all funding sources $79,211,000) LRB-5550/1 - 2024 Legislature - 5 - MPG:amn/emw/wlj SECTION 5 SENATE BILL 895 fs.

Systemwide — central plants and utility distribution renovations 3,213,000 (Total project all funding sources $149,269,000) SECTION 6.

2023 Wisconsin Act 19, section 9104 (1) (i) 4g.

is created to read:

[2023 Wisconsin Act 19] Section 9104 (1) (i) UNIVERSITY OF W ISCONSINS YSTEM 4g.

Projects financed with gifts, grants, and other receipts:

a.

Madison — engineering replacement building/computer-aided engineering facility demolition 150,000,000 (Total project all funding sources $347,336,000) SECTION 9104.0Nonstatutory provisions;

Building Commission.

(1) UW -SYSTEM PROJECTS.

In the 2023-25 Authorized State Building Program, the appropriate totals are adjusted to reflect the changes made ECTIONS 3 to 6 of this act.

SECTION 9251.0Fiscal changes;

Other.

(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 SECTION4 of this act.