Wisconsin Legislature: AB191-ASA1-AA4,2,16

LRBa0707/1

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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.

1 At the locations indicated, amend the substitute amendment as follows:

21. Page 4, line 7: after that line insert:

3“ Section 9d. 60.85 (5) (j) of the statutes is created to read:

4 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.

11Section 9f. 66.0435 (3) (g) of the statutes is amended to read:

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.”.

42. Page 4, line 18: after “later" insert “than".

53. Page 4, line 23: after that line insert:

6“ Section 13d. 66.1106 (4) (e) of the statutes is created to read:

7 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.”.

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.”.

175. Page 21, line 7: after that line insert:

18“ Section 89m. Initial applicability.

19(1) Elimination of the personal property tax. This act first applies to the
20property tax assessments as of January 1, 2022.”.

21 (End)