Wisconsin Senate Bill SB1087

Wisconsin 2023-2024 Regular Session

• Introduced: 3/6/24
• Refer: 3/6/24
• Failed: 4/15/24

Caption

Creating the water fund for our future, granting rule-making authority, and making an appropriation. (FE)

Impact

The fund will enable agencies to seek supplemental funds for urgent tasks related to water safety and remediation. Agencies can apply for financial support through the fund, with the Joint Committee on Finance required to consider these applications. If the Joint Committee on Finance grants approval, the funding can be used to cover costs such as relocation and assistance for those affected by emergencies or disasters. The fund also sets up a rapid response account specifically targeted to provide timely financial aid during such crises, thus enhancing the state's preparedness and responsiveness.

Summary

Senate Bill 1087 establishes the 'Water Fund for Our Future,' a non-lapsable trust fund that will initially consist of a one-time transfer of $250 million from the general fund. This fund aims to enhance the state’s ability to respond effectively to natural disasters and public health emergencies, particularly in relation to clean water issues. The bill mandates the creation of a Joint Committee for the Oversight of the Water Fund, which comprises members from both the majority and minority parties of the legislature, as well as representatives from the Department of Natural Resources and the Department of Health Services.

Contention

Notable points of contention surrounding SB1087 include potential concerns about the management and allocation of the fund. Critics may argue about the effectiveness of centralized control over the fund and whether it could inadvertently streamline decision-making processes too much, possibly sidelining local needs and perspectives in emergency responses. Supporters, however, argue that this structured oversight is vital for maintaining accountability and ensuring that funds are used optimally for public health and environmental safety.

Administrative measures

Moreover, SB1087 includes provisions for transparency, requiring that any objections raised during funding requests be documented and made public. This could engender trust in the management of state funds, as accountability mechanisms are enforced. Overall, this law promises to elevate the state’s approach to water safety and emergency response planning significantly.