Tag Archives: State Trust Fund Loans

Hearing held on bill to eliminate the Board of Commissioners of Public Lands’ loan authority

The state Senate Committee on Government Operations, Technology and Consumer Protection held a public hearing Wednesday, January 31 at 9:30 AM in Room 201 Southeast, State Capitol on Senate Bill 713.  (See hearing notice.)  The bill is authored by state Sen. Duey Stroebel (R-Saukville, pictured at left), who chairs the committee hearing the bill, and is also a former Cedarburg School Board member.

Critics of the bill are concerned that it would end the State Trust Fund Loan program, which supports schools, public libraries, technical colleges and local governments. This loan program is currently managed by the Board of Commissioners of Public Lands (BCPL). Continue reading Hearing held on bill to eliminate the Board of Commissioners of Public Lands’ loan authority