605.35 Loan to general fund.
605.35
605.35 Loan to general fund. On or before June 30, 1992, the property fund shall make a loan of $10,000,000 to the general fund. Interest shall accrue on the principal balance at the average rate earned by the state on its deposits in public depositories during the period of the loan. The general fund shall repay the loan in 5 annual installments of $2,000,000 principal plus accrued interest, beginning on or before June 30, 1995.605.35 - ANNOT.
History: 1991 a. 269; 1991 a. 269 s. 1117g supplement; 1993 a. 16.605.35 - ANNOT.
NOTE: Section 605.35 was partially vetoed by the Governor in 1991 Wisconsin Act 269, sec. 1117g, published April 30, 1992. The supplement to 1991 Wisconsin Act 269 s. 1117g, published October 19, 1992, shows s. 605.35 without the partial veto markings. The supplement contains this prefatory note:605.35 - ANNOT.
In an Opinion dated October 6, 1992 (80 Atty. Gen. 327), Attorney General James E. Doyle concluded that the Governor's partial veto of SECTION 1117g of Enrolled 1991 Senate Bill 483, which became 1991 Wisconsin Act 269, "did not result in a complete and workable law" and "therefore, was invalid."605.35 - ANNOT.
Acting in its policy-board capacity under section 13.90 (1) of the statutes, the Joint Committee on Legislative Organization directed the Legislative Reference Bureau to publish this supplement to 1991 Wisconsin Act 269, showing SECTION 1117g of the act as contained in Enrolled 1991 Senate Bill 483 and without the markings indicating a partial veto by Governor Tommy G. Thompson.605.35 - ANNOT.
The Governor's partial veto of section 1117g of 1991 Wisconsin Act 269 did not result in a complete and workable law. The partial veto, therefore, was invalid. Because the Governor's approval was not necessary for the bill to become law, the invalidity of the partial veto results in s. 605.35 being enforced as passed by the legislature. 80 Atty. Gen. 327.