This is the preview version of the Wisconsin State Legislature site.
Please see http://docs.legis.wisconsin.gov for the production version.
SB97,2,1818 4. Leases.
SB97,3,1
15. Lease abstracts.
SB97,3,22 6. Federal tax form 8825.
SB97,3,33 (b) All of the following relating to a sale or potential sale of the property:
SB97,3,44 1. Purchase agreements.
SB97,3,55 2. Listing contracts.
SB97,3,66 3. Offers to purchase.
SB97,3,77 4. Counteroffers to purchase.
SB97,3,88 5. Condition reports.
SB97,3,99 6. Option to purchase.
SB97,3,1010 7. Rights of first refusal.
SB97,3,1111 8. Letters of intent.
SB97,3,1312 (c) All of the following provided to a purchaser of the property no later than the
13sale's closing date:
SB97,3,1414 1. Closing statements.
SB97,3,1515 2. Rent rolls.
SB97,3,1616 3. Leases.
SB97,3,1717 4. Operating statements.
SB97,3,1818 5. Stacking plans.
SB97,3,1919 6. Title commitments.
SB97,3,2020 7. Documentation of tenant delinquencies.
SB97,3,2121 8. Service contracts.
SB97,3,2222 9. Warranties.
SB97,3,2323 10. Utility bills.
SB97,3,2424 11. Environmental reports.
SB97,4,2
1(d) Documents showing the cost of completed construction or completed
2remodeling.
SB97,4,33 (e) Appraisals and feasibility studies.
SB97,4,54 (f) Documents provided to the federal securities and exchange commission in
5which the property is listed or discussed.
SB97,4,66 (g) Fixed asset schedules on which the property is listed.
SB97,4,87 (h) Documents showing asset value of the property in the real estate portfolio
8of a real estate investment trust.
SB97,4,16 9(2) The form and documents provided under sub. (1) shall be the confidential
10records of the assessor's office and shall remain under seal before the board of review
11and on appeal. The municipality or county shall provide by ordinance for the
12confidentiality of the information contained on the form and documents and shall
13provide exceptions for persons using the information in the discharge of the duties
14of their office or duties imposed by law or order of a court. The form and documents
15provided under sub. (1) are not subject to the right of inspection and copying under
16s. 19.35 (1).
SB97,4,19 17(3) If any documents requested under sub. (1) are not in the possession of a
18person challenging an assessment, the person shall make a good faith effort to obtain
19the documents.
SB97,4,23 20(4) No document or information provided under this section is controlling on
21the assessor in the assessment of the property. Nothing in this section limits the
22authority of the assessor to seek additional evidence as to the full value of the
23property.
SB97,2 24Section 2 . 70.47 (2m) of the statutes is amended to read:
SB97,5,6
170.47 (2m) Open meetings. All Except when the board of review determines
2it necessary to meet in closed session to maintain the confidentiality of information
3required to remain under seal under s. 70.325 (2), all
meetings of the board of review
4shall be publicly held and open to all citizens at all times. No and no formal action
5of any kind shall may be introduced, deliberated upon, or adopted at any closed
6session or meeting of a board of review.
SB97,3 7Section 3 . 70.47 (7) (af) of the statutes is amended to read:
SB97,5,248 70.47 (7) (af) No person upon whom a timely request under s. 70.325 (1) was
9made
may appear before the board of review, testify to the board by telephone or
10object to a valuation; if that valuation was made by the assessor or the objector using
11the income method;
unless no later than 7 days before the first meeting of the board
12of review the person supplies to the assessor all of the information about income and
13expenses, as specified in the manual under s. 73.03 (2a), that the assessor requests.
14The municipality or county shall provide by ordinance for the confidentiality of
15information about income and expenses that is provided to the assessor under this
16paragraph and shall provide exceptions for persons using the information in the
17discharge of duties imposed by law or of the duties of their office or by order of a court.
18The information that is provided under this paragraph is not subject to the right of
19inspection and copying under s. 19.35 (1) unless a court determines before the first
20meeting of the board of review that the information is inaccurate
the person provides
21the assessor with the information requested under s. 70.325 (1) no later than March
2231. This paragraph does not apply if the board of review, or a court under s. 70.47
23(13e), determines that the person demonstrated a good faith effort to obtain
24documents that are not in the person's possession as required under s. 70.325 (3)
.
SB97,4 25Section 4 . 70.47 (12e) of the statutes is created to read:
SB97,6,6
170.47 (12e) Dismissal of proceeding. The board of review may dismiss a
2proceeding under this section upon a determination that the taxpayer has not
3participated in good faith in the proceeding as required under s. 70.325 (3). Prior to
4final adjournment, the board shall notify the taxpayer by personal delivery or by
5mail, return receipt required, of the dismissal and an explanation of appeal rights
6and procedures under sub. (13e).
SB97,5 7Section 5 . 70.47 (13) of the statutes is amended to read:
SB97,6,188 70.47 (13) Certiorari. Except as provided in s. sub. (13e) and ss. 70.85 and
974.37
, appeal from the determination of the board of review shall be by an action for
10certiorari commenced within 90 days after the taxpayer receives the notice under
11sub. (12). The action shall be given preference. If the court on the appeal finds any
12error in the proceedings of the board which renders the assessment or the
13proceedings void, it shall remand the assessment to the board for further proceedings
14in accordance with the court's determination and retain jurisdiction of the matter
15until the board has determined an assessment in accordance with the court's order.
16For this purpose, if final adjournment of the board occurs prior to the court's decision
17on the appeal, the court may order the governing body of the assessing authority to
18reconvene the board.
SB97,6 19Section 6 . 70.47 (13e) of the statutes is created to read:
SB97,7,320 70.47 (13e) Appeal of dismissal of proceeding. Appeal from the determination
21of the board of review to dismiss a proceeding under sub. (12e) shall be by an action
22for certiorari commenced within 90 days after the taxpayer receives the notice under
23sub. (12e). The action shall be given preference. If the court on the appeal finds any
24error in the proceedings of the board that renders the dismissal void, it shall remand
25the matter to the board for further proceedings under this section. For this purpose,

1if final adjournment of the board occurs prior to the court's decision on the appeal,
2the court may order the governing body of the assessing authority to reconvene the
3board.
SB97,7,44 (End)
Loading...
Loading...