1 | 1 | | LRB-4401/1 |
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2 | 2 | | MPG:amn&emw |
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3 | 3 | | 2023 - 2024 LEGISLATURE |
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4 | 4 | | 2023 SENATE BILL 482 |
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5 | 5 | | October 9, 2023 - Introduced by Senator FEYEN, cosponsored by Representatives |
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6 | 6 | | BROOKS, DUCHOW, BINSFELD, MICHALSKI, O'CONNOR, PLUMER, ROZAR and |
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7 | 7 | | SCHMIDT. Referred to Committee on Government Operations. |
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8 | 8 | | AN ACT to create 20.505 (1) (au) and 20.505 (1) (av) of the statutes; relating to: |
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9 | 9 | | funding for improvement of baseball park facilities and making an |
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10 | 10 | | appropriation. |
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11 | 11 | | Analysis by the Legislative Reference Bureau |
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12 | 12 | | This bill provides a total of $411,500,000 in funding from the 2023-24 fiscal |
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13 | 13 | | year to the 2045-46 fiscal year for the Department of Administration to make |
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14 | 14 | | payments under a grant awarded to a local professional baseball park district for the |
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15 | 15 | | purpose of assisting in the development, construction, improvement, repair, and |
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16 | 16 | | maintenance of baseball park facilities. The bill separately provides a total of |
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17 | 17 | | $50,000,000 in funding for short-term loans awarded by DOA to a local professional |
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18 | 18 | | baseball park district for that purpose. |
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19 | 19 | | For further information see the state fiscal estimate, which will be printed as |
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20 | 20 | | an appendix to this bill. |
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21 | 21 | | The people of the state of Wisconsin, represented in senate and assembly, do |
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22 | 22 | | enact as follows: |
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23 | 23 | | SECTION 1. 20.505 (1) (au) of the statutes is created to read: |
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24 | 24 | | 20.505 (1) (au) Grant to local professional baseball park district. A sum |
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25 | 25 | | sufficient for payments to a local professional baseball park district under s. 16.09 |
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31 | 31 | | 6 - 2 -2023 - 2024 Legislature LRB-4401/1 |
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32 | 32 | | MPG:amn&emw |
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33 | 33 | | SECTION 1 SENATE BILL 482 |
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34 | 34 | | (3) to assist in the development, construction, improvement, repair , and |
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35 | 35 | | maintenance of baseball park facilities, not to exceed the following: |
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36 | 36 | | 1. In fiscal year 2023-24, $60,800,000. |
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37 | 37 | | 2. In fiscal year 2024-25, $13,400,000. |
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38 | 38 | | 3. In fiscal year 2025-26, $13,900,000. |
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39 | 39 | | 4. In fiscal year 2026-27, $14,500,000. |
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40 | 40 | | 5. In fiscal year 2027-28, $15,100,000. |
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41 | 41 | | 6. In fiscal year 2028-29, $15,700,000. |
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42 | 42 | | 7. In fiscal year 2029-30, $16,300,000. |
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43 | 43 | | 8. In fiscal year 2030-31, $17,000,000. |
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44 | 44 | | 9. In fiscal year 2031-32, $17,600,000. |
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45 | 45 | | 10. In fiscal year 2032-33, $18,300,000. |
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46 | 46 | | 11. In fiscal year 2033-34, $19,100,000. |
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47 | 47 | | 12. In each fiscal year from 2034-35 to 2040-41, $20,000,000. |
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48 | 48 | | 13. In each fiscal year from 2041-42 to 2045-46, $10,000,000. |
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49 | 49 | | SECTION 2. 20.505 (1) (av) of the statutes is created to read: |
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50 | 50 | | 20.505 (1) (av) Loans to local professional baseball park district. A sum |
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51 | 51 | | sufficient for loans to a local professional baseball park district created under subch. |
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52 | 52 | | III of ch. 229 to assist in the development, construction, improvement, repair, and |
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53 | 53 | | maintenance of baseball park facilities, as defined in s. 229.65 (1), not to exceed |
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54 | 54 | | $50,000,000 in the aggregate. |
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55 | 55 | | (END) |
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