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2021 - 2022 LEGISLATURE
ASSEMBLY AMENDMENT 4,
TO ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO ASSEMBLY BILL 191
June 29, 2021 - Offered by Representative Knodl.
AB191-ASA1-AA4,1,11 At the locations indicated, amend the substitute amendment as follows:
AB191-ASA1-AA4,1,2 21. Page 4, line 7: after that line insert:
AB191-ASA1-AA4,1,3 3 Section 9d. 60.85 (5) (j) of the statutes is created to read:
AB191-ASA1-AA4,1,104 60.85 (5) (j) Upon receiving a written application from the town clerk, in a form
5prescribed by the department of revenue, the department shall recalculate the base
6value of a tax incremental district affected by 2021 Wisconsin Act .... (this act) to
7remove the value of the personal property. A request received under this paragraph
8no later than October 31 is effective in the year following the year in which the
9request is made. A request received after October 31 is effective in the 2nd year
10following the year in which the request is made.
AB191-ASA1-AA4,9f 11Section 9f. 66.0435 (3) (g) of the statutes is amended to read:
AB191-ASA1-AA4,2,3
166.0435 (3) (g) Failure to timely pay the tax prescribed in this subsection shall
2be treated as a default in payment of personal property tax and is subject to all
3procedures and penalties applicable under chs. 70 and 74.”.
AB191-ASA1-AA4,2,4 42. Page 4, line 18: after “later" insert “than".
AB191-ASA1-AA4,2,5 53. Page 4, line 23: after that line insert:
AB191-ASA1-AA4,2,6 6 Section 13d. 66.1106 (4) (e) of the statutes is created to read:
AB191-ASA1-AA4,2,137 66.1106 (4) (e) Upon receiving a written application from the clerk of a political
8subdivision, in a form prescribed by the department of revenue, the department shall
9recalculate the base value of a tax incremental district affected by 2021 Wisconsin
10Act .... (this act) to remove the value of the personal property. A request received
11under this paragraph no later than October 31 is effective in the year following the
12year in which the request is made. A request received after October 31 is effective
13in the 2nd year following the year in which the request is made.”.
AB191-ASA1-AA4,2,16 144. Page 11, line 21: delete that line and substitute “ process and finished
15inventory
and when located at the site of the activity any of the activities
16mentioned
.”.
AB191-ASA1-AA4,2,17 175. Page 21, line 7: after that line insert:
AB191-ASA1-AA4,2,18 18 Section 89m. Initial applicability.
AB191-ASA1-AA4,2,20 19(1) Elimination of the personal property tax. This act first applies to the
20property tax assessments as of January 1, 2022.”.
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