AB 986

This bill changes the membership of the Wisconsin Artistic Endowment

Foundation and makes various changes to WAEF and the Wisconsin regranting

program administered by the Arts Board. WAEF is a nonprofit corporation created

by

2001 Wisconsin Act 16

to support arts programs through tax deductible

contributions. The WAEF is currently inactive.

Current law provides that WAEF's board of directors is to be composed of 14

members: eight nominees of the governor, two representatives to the assembly, two

senators, the chairperson of the Arts Board or his or her designee, and the executive

secretary of the Arts Board, as a nonvoting member. The bill changes the

composition of the board of directors to four nominees of the governor, four

representatives to the assembly, four senators, the chairperson of the Arts Board or

his or her designee; and the executive secretary of the Arts Board, as a nonvoting

member. Under the bill, all of those appointments must be made on or before July

1, 2024.

Under current law, WAEF may distribute moneys from the artistic endowment

fund to the Wisconsin regranting program, which is administered by the Arts Board

to award grants to local arts agencies and municipalities. Under current law, a

recipient of a grant under the program must make a matching fund contribution

equal to the amount of the grant awarded. Private funds and in-kind contributions

may be applied to meet this requirement. The bill adds a requirement that the

matching fund contribution be from a nonstate funding source.