Wisconsin Senate Bill SB207

Wisconsin 2025-2026 Regular Session

• Introduced: 4/16/25
• Refer: 4/16/25

Caption

Creating a hazard mitigation revolving loan program, creating a Great Lakes erosion control revolving loan program, providing an exemption from emergency rule procedures, granting rule-making authority, and making an appropriation. (FE)

Impact

The Great Lakes Erosion Control Revolving Loan Program is designed to address the urgent needs of municipalities and homeowners by offering loans to mitigate erosion risks along the shorelines of Lake Michigan and Lake Superior. The bill allocates $5 million for this purpose and the Department of Natural Resources (DNR) is tasked with administering the program. This provision aims to safeguard the structural integrity of local infrastructure against the impacts of erosion, promoting environmental sustainability while also protecting local economies dependent on waterfront properties. The DNR is authorized to establish rules for program administration, including criteria for loan eligibility.

Summary

Senate Bill 207 aims to establish two significant revolving loan programs in Wisconsin: the Hazard Mitigation Revolving Loan Program and the Great Lakes Erosion Control Revolving Loan Program. The Hazard Mitigation Revolving Loan Program seeks to provide financial assistance to local units of government for projects that comply with guidelines set forth under the federal STORM Act. This initiative allows the state to utilize federal funds to enhance local hazard mitigation efforts, thereby supporting communities in preparing for and responding to disasters effectively. Additionally, the bill mandates the transfer of an amount equal to 10 percent of any federal funds received into the Hazard Mitigation Revolving Loan Fund, ensuring a steady source of financing for these initiatives.

Contention

A noteworthy aspect of SB207 is its combination of state and federal oversight, which intertwines local governance with federal funding mechanisms. By establishing these loan programs, the bill reflects a proactive approach to managing environmental challenges but may also spark discussions regarding the balance of control between local governments and state agencies. The involvement of federal funds means that local governments will need to navigate both state and federal guidelines, potentially leading to complexities in financial stewardship and compliance. As the bill progresses, stakeholders are likely to debate the effectiveness of such programs in truly equipping local entities with the necessary resources to combat hazards and environmental degradation.