SB 494 — Relating to: the school district revenue limit adjustment for energy efficiency projects. (FE)

Bill Text

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The bill modifies the school district revenue limit adjustment for energy efficiency projects, removing previous restrictions and adding new requirements.

• 121.91 (4) (o) 4.

  Unless the resolution is adopted before January 1, 2018, subd. 1. → This paragraph applies only to a resolution adopted after the effective date of this subdivision .... [LRB inserts date].

  Removes the deadline for adopting a resolution before January 1, 2018, allowing resolutions to be passed at any time.

• 121.91 (4) (o) 1.

  a project to purcimplement energy efficiency conservation measures or to purchase energy efficiency products, as defined in s. 66.0133 (1) (a), including the payment of debt service on a bond or note issued, or a state trust fund loan obtained, to finance the project.

  Expands the definition of qualifying projects for revenue limit adjustments to include energy efficiency products.

• 121.91 (4) (o) 1e.

  At least 30 days before voting on a resolution under subd. 1. to exceed the school district's revenue limit, a school board shall hold a public hearing on the resolution.

  Requires school boards to hold a public hearing before passing a resolution for revenue limit adjustments.

• 121.91 (4) (o) 1h.

  A school board that passes a resolution under subd. 1. shall submit a report to the department that includes all of the following: the name of the school district, the board vote on the resolution, projected costs and savings, and a certified statement by the school board president and administrator.

  Mandates school boards to report specific details to the Department of Public Instruction after passing a resolution.

• 121.91 (4) (o) 3.

  use the savings to retire the bond, note, or state trust fund loan. → the school board shall use the savings to retire the bond, note, or state trust fund loan.

  Clarifies that operational cost savings must be used to retire debt specifically related to energy efficiency projects.

• 121.91 (4) (o) 1.

  if the all of the following apply: → if all of the following apply:

  Removes the redundant 'the' before 'all of the following apply'.

• 121.91 (4) (o) 1.

  the project results in the avoidance of, or reduction in, energy costs or operational costs, the.

  Clarifies the criteria for projects to qualify for adjustments related to energy cost reductions.

• 121.91 (4) (o) 1.

  the project is governed by a performance contract entered into under s. 66.0133, and the.

  Specifies that projects must be governed by a performance contract for the revenue adjustment.

• The legislative audit bureau is requested to conduct a performance evaluation audit of the use of the revenue limit adjustment by school districts during the two school years following the effective date of this subsection.

  Requests an audit to evaluate how school districts utilize the revenue limit adjustments for energy efficiency.

Action History

1. April 01, 2020

   Failed to pass pursuant to Senate Joint Resolution 1

2. January 09, 2020

   Available for scheduling

3. January 09, 2020

   Report passage recommended by Committee on Natural Resources and Energy, Ayes 4, Noes 1

4. January 08, 2020

   Executive action taken

5. December 19, 2019

   Representative Ramthun withdrawn as a cosponsor

6. October 22, 2019

   Public hearing held

7. October 21, 2019

   Fiscal estimate received

8. October 10, 2019

   Read first time and referred to Committee on Natural Resources and Energy

9. October 10, 2019

   Introduced by Senators Olsen, Cowles, Darling, Miller and Wanggaard; cosponsored by Representatives Wittke, Zimmerman, Kitchens, Tranel, Ramthun, Oldenburg, Quinn, Kulp and Gruszynski

Sponsors

• Olsen · Primary
• Cowles · Primary
• Darling · Primary
• Miller · Primary
• Van Wanggaard · Primary

Votes

Subjects