Bill > SB70

This bill enacts the executive budget for the state of Wisconsin for the 2023-2025 fiscal biennium, outlining state finances and appropriations. * **Medical College of Wisconsin:** Funding is allocated to study the financial status and resident placement of psychiatry and behavioral health residency sites, focusing on practice in underserved areas. * **State Building Program:** The Building Commission is authorized to supplement state building program project budgets to offset cost overruns due to inflation, with approval from the Joint Committee on Finance. The commission's authority to approve projects without full committee approval is increased from $1,000,000 to $2,000,000 starting in fiscal year 2023-24. Thresholds for projects requiring Building Commission approval are also increased from $300,000 to $600,000, with similar adjustments for the State Fair Park Board and simplified procedures. * **Grants for Local Projects:** The Building Commission can award grants to non-state organizations for construction projects with a statewide public purpose, requiring Joint Committee on Finance approval. Grants cannot exceed $4,000,000 and recipients must secure matching funding from non-state sources equal to at least half the project cost. The state retains ownership interest if the funded space is not used for public purposes. * **Marquette University School of Dentistry Upgrades:** A grant of up to $10,750,000 is authorized from the appropriation under s. 20.867 (3) (x) for construction and equipment upgrades. Marquette University must secure at least $17,250,000 in non-state funding. * **Children’s Hospital and Health System Dental Clinic Expansion:** A grant of up to $4,789,000 is authorized from the appropriation under s. 20.867 (3) (x) for clinic expansion at its Milwaukee campus. Children's Hospital and Health System, Inc. must secure at least $4,789,000 in non-state funding. * **Badgerland After School Enrichment Program Facility:** A grant of up to $1,000,000 is authorized from the appropriation under s. 20.867 (3) (x) for the purchase and renovation of a facility. The program must secure at least $10,000,000 in non-state funding. * **Food and Farm Exploration Center:** A grant of $3,000,000 is authorized from the appropriation under s. 20.867 (3) (x) to the Farming for the Future Foundation, Inc., for construction. The foundation must secure at least $38,000,000 in non-state funding. * **Versiti Wisconsin, Inc. Expansion:** A grant of $10,000,000 is authorized from the appropriation under s. 20.867 (3) (x) for expansion. Versiti Wisconsin, Inc. must secure at least $53,500,000 in non-state funding. * **Regional Forensic Science Center:** A grant of $7,000,000 is authorized from the appropriation under s. 20.867 (3) (x) to Marathon County for construction. Marathon County must secure at least $7,800,000 in non-state funding. * **WisconsinEye Endowment Fund:** A grant of up to $10,000,000 is authorized from the appropriation under s. 20.855 (4) (dt) for the establishment of an endowment fund, contingent on WisconsinEye raising an equal amount from non-state sources by June 1, 2025. * **Tribal Grants:** Grants are awarded to the Oneida Nation of Wisconsin for their Healing to Wellness Court program ($259,100 annually), coordination with the National Estuarine Research Reserve System ($110,100 annually), and collaboration with the Audubon Society on restoration projects ($175,000 annually), with grants prohibited after June 30, 2028. * **Investment Manager Contract:** The Department of Administration is authorized to pay an investment manager $25,000,000 in fiscal year 2023-24. Management fees are capped at 1% annually for no more than 4 years for certain designated and raised moneys. * **Venture Capital Investments:** Specific provisions are made for investments in venture capital funds, including commitments to funds headquartered in Wisconsin and those employing a majority of their staff in the state. * **State Finances and Appropriations:** The bill details numerous appropriations across various state agencies for fiscal years 2023-24 and 2024-25, covering a wide range of state operations, programs, and capital projects. * **Debt Service:** Summaries of bonding authority modifications and general obligation debt service are provided for fiscal years 2023-24 and 2024-25. * **Legislative Human Resources Office:** A new office is created to provide human resources services to the legislative branch and establish a complaint process for harassment, discrimination, and other workplace issues. * **Tax Law Changes:** The bill includes provisions related to individual income tax rates, sales tax retailer's allowance, and various local taxes and aids. * **Building Code Thresholds:** Thresholds for construction projects requiring Building Commission approval and for single prime contracting are increased from $300,000 to $600,000, beginning in fiscal year 2023-24. * **Effective Dates:** Various provisions have specific effective dates, with many taking effect on July 1, 2023, or upon publication, while others have later or retroactive effective dates.