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10. In the 10th year that the property is taxable, 10 percent.
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(b) For a production plant that is decommissioned as provided under s. 79.005
22(1h) (b) as a result of the plant being transferred in the 2nd year that all power
23generation units of the plant are no longer generating electricity, each municipality
24and county shall be paid, from the public utility account, an amount equal to the
1following percentages of the payment the municipality and county received under
2this section during the last year that the property was exempt from the property tax:
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1. In the first year that the property is taxable, 100 percent.
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2. In the 2nd year that the property is taxable, 89 percent.
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3. In the 3rd year that the property is taxable, 78 percent.
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4. In the 4th year that the property is taxable, 67 percent.
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5. In the 5th year that the property is taxable, 56 percent.
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6. In the 6th year that the property is taxable, 45 percent.
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7. In the 7th year that the property is taxable, 34 percent.
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8. In the 8th year that the property is taxable, 23 percent.
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9. In the 9th year that the property is taxable, 12 percent.
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(c) For a production plant that is decommissioned as provided under s. 79.005
13(1h) (b) as a result of the plant being transferred in the 3nd year that all power
14generation units of the plant are no longer generating electricity, each municipality
15and county shall be paid, from the public utility account, an amount equal to the
16following percentages of the payment the municipality and county received under
17this section during the last year that the property was exempt from the property tax:
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1. In the first year that the property is taxable, 100 percent.
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2. In the 2nd year that the property is taxable, 87.5 percent.
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3. In the 3rd year that the property is taxable, 75 percent.
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4. In the 4th year that the property is taxable, 62.5 percent.
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5. In the 5th year that the property is taxable, 50 percent.
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6. In the 6th year that the property is taxable, 37.5 percent.
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7. In the 7th year that the property is taxable, 25 percent.
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8. In the 8th year that the property is taxable, 12.5 percent.
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1(d) For a production plant that is decommissioned as provided under s. 79.005
2(1h) (b) as a result of the plant being transferred in the 4th year that all power
3generation units of the plant are no longer generating electricity, each municipality
4and county shall be paid, from the public utility account, an amount equal to the
5following percentages of the payment the municipality and county received under
6this section during the last year that the property was exempt from the property tax:
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1. In the first year that the property is taxable, 100 percent.
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2. In the 2nd year that the property is taxable, 86 percent.
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3. In the 3rd year that the property is taxable, 72 percent.
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4. In the 4th year that the property is taxable, 58 percent.
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5. In the 5th year that the property is taxable, 44 percent.
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6. In the 6th year that the property is taxable, 30 percent.
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7. In the 7th year that the property is taxable, 16 percent.
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(e) For a production plant that is decommissioned as provided under s. 79.005
15(1h) (b) as a result of the plant being transferred in the 5th year that all power
16generation units of the plant are no longer generating electricity, each municipality
17and county shall be paid, from the public utility account, an amount equal to the
18following percentages of the payment the municipality and county received under
19this section during the last year that the property was exempt from the property tax:
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1. In the first year that the property is taxable, 100 percent.
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2. In the 2nd year that the property is taxable, 83 percent.
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3. In the 3rd year that the property is taxable, 66 percent.
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4. In the 4th year that the property is taxable, 49 percent.
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5. In the 5th year that the property is taxable, 32 percent.
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6. In the 6th year that the property is taxable, 16 percent.
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1(f) For a production plant that is decommissioned as provided under s. 79.005
2(1h) (b) as a result of the plant being transferred after the 5th year that all power
3generation units of the plant are no longer generating electricity, each municipality
4and county shall be paid, from the public utility account, an amount equal to the
5amounts determined under sub. (5).
