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the Wisconsin Statutes & Annotations
2012 Wisconsin Statutes & Annotations
18. State debt, revenue obligations and operating notes.
18.725 Limit on amount of operating notes.
Universal Citation:
WI Stat § 18.725 (2012 through Act 45)
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18.725 Limit on amount of operating notes. The building commission may not sell operating notes under s. 18.73 (2) at any time if the amount of operating notes to be sold at that time plus the amount of operating notes outstanding at that time exceed 10% of the amounts shown in the schedule under s. 20.005 (3) of appropriations of general purpose revenues, as defined in s. 20.001 (2) (a), plus the amounts shown in the schedule of appropriations of program revenues, as defined in s. 20.001 (2) (b), both calculated as of that time and for that fiscal year.
History: 1985 a. 29.
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