Amendment AA3-ASA1-AB191

LRBa0703/1

JK&EVM:cjs

2021 - 2022 LEGISLATURE

ASSEMBLY AMENDMENT 3, TO ASSEMBLY SUBSTITUTE AMENDMENT 1, TO ASSEMBLY BILL 191

June 29, 2021 - Offered by Representative Knodl.

AB191-ASA1-AA3,1,1 At the locations indicated, amend the substitute amendment as follows:

AB191-ASA1-AA3,1,2 1. Page 2, line 5: before that line insert:

AB191-ASA1-AA3,1,3 “ Section 1m. 16.5185 (1m) of the statutes is created to read:

AB191-ASA1-AA3,1,8 16.5185 (1m) In fiscal year 2021-22, in addition to the amount under sub. (1), the secretary shall transfer from the general fund to the transportation fund $20,000,000. In fiscal year 2022-23, and in each fiscal year thereafter, in addition to the amount under sub. (1), the secretary shall transfer from the general fund to the transportation fund $44,000,000.”.

AB191-ASA1-AA3,1,9 2. Page 4, line 23: after that line insert:

AB191-ASA1-AA3,1,10 “ Section 13m. 70.015 of the statutes is created to read:

AB191-ASA1-AA3,1,12 70.015 Sunset. Beginning with the property tax assessments as of January 1, 2022, no tax shall be levied under this chapter on personal property.” .

AB191-ASA1-AA3,2,1 3. Page 6, line 18: delete “lessee or".

AB191-ASA1-AA3,2,2 4. Page 6, line 22: delete “lessee or".

AB191-ASA1-AA3,2,5 5. Page 6, line 23: after “fixtures." insert “For purposes of this subsection, “buildings, improvements and fixtures" does not include any property defined in s. 70.04.”.

AB191-ASA1-AA3,2,6 6. Page 21, line 7: after that line insert:

AB191-ASA1-AA3,2,7 “ Section 89m. Nonstatutory provisions.

AB191-ASA1-AA3,2,13 (1) Reports from taxing jurisdictions. If legislation is enacted during the 2021-22 legislative session to eliminate the personal property tax imposed under ch. 70, effective with the January 1, 2022, assessments, each taxing jurisdiction shall report to the department of revenue, in the time and manner determined by the department, the amount of the property taxes levied on all items of personal property for the property tax assessments as of January 1, 2021.”.

AB191-ASA1-AA3,2,14 (End)