AB 387 — Relating to: correction bill for 2025 Wisconsin Act 15 and making an appropriation.

- 2026 LEGISLATURE LRBs0499/1LRB-4121/1 MIM:cjs&skwCMH:skw ASSEMBLY SUBSTITUTE AMENDMENT 1, TO ASSEMBLY BILL 387 FebruaryAugust 19,21, 20262025 - OfferedIntroduced by RepresentativeOINT BC ORNOMMITTEE ON F INANCE .

AReferred N A CT to amendJoint 18.08Committee (7),on 20.505Finance. (1) (mb) and 341.135 (2m) of the statutes;

A N A CT to amend 341.135 (2m) of the statutes;

Analysis by the Legislative Reference Bureau This bill fixes errors and clarifies intent in 2025 Wisconsin Act 15,15. including by doing all of the following:

1.The bill changes from 2026 to 2025 the year in an statutory provision so that it is consistent with the date on which the provision takes effect.

The bill changescorrects froman 2026errant tocross- 2025reference thein yearan specifiedeffective indate aprovision statutoryto provisionreflect sochanges thatmade itby isSenate consistentAmendment with26 theto dateSenate onSubstitute whichAmendment the2 provisionto takesSenate effect.Bill 45, which was adopted.

2.Finally, the bill increases the amount appropriated to the Joint Committee on Finance for supplemental appropriations by $2,600,000 for fiscal year 2025-26 to supplement the appropriation to the Department of Transportation for the purpose of the public protective services hearing protection program.

The bill corrects an errant cross-reference in an effective date provision to reflect changes made by Senate Amendment 26 to Senate Substitute Amendment 2 to Senate Bill 45, which was adopted.

3.

The bill increases the amount appropriated to the Joint Committee on Finance for supplemental appropriations by $2,600,000 for fiscal year 2025-26 to supplement the appropriation to the Department of Transportation for the purpose of the public protective services hearing protection program.

4.

The bill clarifies that if a University of Wisconsin System building project that was previously funded solely through gifts and grants was enumerated in Act - 2026 Legislature - 2 - LRBs0499/1 MIM:cjs&skw SECTION 1 15, the Department of Administration may assume any existing architect or engineer contract with respect to the project.

18.08 (7) of the statutes is amended to read:

18.08 (7) Notwithstanding sub.

(3), moneys transferred under 2023 Wisconsin Act 19, section 9251 (1), cannot be commingled with other moneys in the capital improvement fund and all earnings on or income from investments of the moneys transferred under 2023 Wisconsin Act 19, section 9251 (1), and all excess moneys so transferred that are not used to fund building projects authorized in the 2023-25 Authorized State Building Program or the 2025-27 Authorized State Building Program, shall be deposited into or transferred to the general fund.

SECTION 2.

20.505 (1) (mb) of the statutes, as affected by 2025 Wisconsin Act 15, section 87, is amended to read:

20.505 (1) (mb) Federal aid.

All moneys received from the federal government not otherwise appropriated under this section, as authorized by the governor under s.

16.54, to carry out the purposes for which received.

In each year of the 2025-27 fiscal biennium, $5,000,000 of the amounts received under this appropriation account shall be transferred to the appropriation account under s.

20.115 (3) (m).

One million dollars in interest earnings from this appropriation account is transferred to s.

20.285 (1) (m) in the fiscal year that begins in 2025.

In fiscal year 2025-26, of the interest earnings in this appropriation account, $110,000,000 is transferred to the appropriation account under s.

20.437 (2) (mf).

To the extent that any interest earnings remain in this appropriation account after all transfers of - 2026 Legislature - 3 - LRBs0499/1 MIM:cjs&skw SECTION 2 interest earnings required under this paragraph and under 2025 Wisconsin Act 15, section 9152 9251 (3), those remaining amounts are transferred to the appropriation account under s.

20.437 (2) (mh) and, as provided under 2025 Wisconsin Act 15, section 9106 (3m), to the appropriation account under s.

20.437 (2) (dz).

All transfers of interest earnings from this appropriation account shall be made by July 1, 2027.

S ECTION 3.

20.505 (1) (mb) of the statutes, as affected by 2025 Wisconsin Act 15, section 87m, is amended to read:

20.505 (1) (mb) Federal aid.

All moneys received from the federal government not otherwise appropriated under this section, as authorized by the governor under s.

16.54, to carry out the purposes for which received.

In each year of the 2025-27 fiscal biennium, $5,000,000 of the amounts received under this appropriation account shall be transferred to the appropriation account under s.

20.115 (3) (m).

One million dollars in interest earnings from this appropriation account is transferred to s.

20.285 (1) (m) in the fiscal year that begins in 2025.

To the extent that any interest earnings remain in this appropriation account after all transfers of interest earnings required under this paragraph and under 2025 Wisconsin Act 15, section 9152 9251 (3), those remaining amounts are transferred to the appropriation account under s.