Capitol Capsules

Additional revenues predicted
The Legislative Fiscal Bureau projects an additional $364.1 million in tax revenue will be available at the end of the 1999-2001 biennium. The projection is the net result of increased estimated tax collections of $417.2 million, a decrease of $25.5 million in departmental revenues and an estimated increase of net spending of $27.6 million.

Regents confirmed
The Senate has confirmed the appointments of Roger Axtell (32-1) and Gregory Gracz (26-7) to the UW Board of Regents. They also passed a measure commending Ron Dayne on winning the Heisman Trophy and an outstanding season.

College savings plan advances
Senator Richard Grobschmidt, D-South Milwaukee, has introduced legislation (SB 329) that would make changes to the current college savings program, EdVest, and create a new program. SB 329 is a companion bill to AB 654, which is before the full Assembly Wednesday, Feb. 2. SB 329 has been referred to the Senate Education Committee.

The text and history of all legislation can be found at http://www.legis.state.wi.us/billtext.html.

For more information
The university’s state relations staff works to raise awareness of the value and impact of UW–Madison on Wisconsin and improve the relationship between the university and state government leaders. For information, contact Charles B. Hoslet, special assistant to the chancellor for state relations: hoslet@mail.bascom.wisc.edu; or Kristi Voss, legislative assistant: kvoss@mail.bascom.wisc.edu. Both are in 97 Bascom Hall, 263-5510. Or visit: http://www.news.wisc.edu/chancellor/staterelations