AB68-SSA1,1246
20Section 1246
. 69.15 (3) (d) of the statutes is amended to read:
AB68-SSA1,647,2321
69.15
(3) (d) The method prescribed by the state registrar for acknowledging
22paternity parentage shall require that the social security number of each of the
23registrant's parents be provided.
AB68-SSA1,1247
24Section 1247
. 69.15 (3m) (title) and (a) (intro.) of the statutes are amended to
25read:
AB68-SSA1,648,4
169.15
(3m) (title)
Rescission of statement acknowledging paternity
2parentage. (a) (intro.) A statement acknowledging
paternity parentage that is filed
3with the state registrar under sub. (3) (b) 3. may be rescinded by either person who
4signed the statement as a parent of the registrant if all of the following apply:
AB68-SSA1,1248
5Section 1248
. 69.15 (3m) (a) 3. and (b) of the statutes are amended to read:
AB68-SSA1,648,106
69.15
(3m) (a)
3. The person rescinding the statement files a rescission in the
7method prescribed under subd. 2. before the day on which a court or circuit court
8commissioner makes an order in an action affecting the family involving the
man 9person who signed the statement and the child who is the subject of the statement
10or before 60 days elapse after the statement was filed, whichever occurs first.
AB68-SSA1,648,1411
(b) If the state registrar, within the time required under par. (a) 3., receives a
12rescission in the method prescribed by the state registrar, along with the proper fee
13under s. 69.22, the state registrar shall prepare under sub. (6) a new record omitting
14the
father's parent's name if it was inserted under sub. (3) (b).
AB68-SSA1,1249
15Section 1249
. 70.03 (1) of the statutes is amended to read:
AB68-SSA1,649,316
70.03
(1) In chs. 70 to 76, 78, and 79, “real property," “real estate," and “land"
17include not only the land itself but all buildings
and
, fixtures, improvements
thereon, 18and all fixtures and, leases, rights
, and privileges appertaining thereto,
including
19assets that cannot be taxed separately as real property, but are inextricably
20intertwined with the real property, enable the real property to achieve its highest and
21best use, and are transferable to future owners, except as provided in sub. (2) and
22except that for the purpose of time-share property, as defined in s. 707.02 (32), real
23property does not include recurrent exclusive use and occupancy on a periodic basis
24or other rights, including, but not limited to, membership rights, vacation services,
25and club memberships.
In this subsection, “lease” means a right in real estate that
1is related primarily to the property and not to the labor, skill, or business acumen of
2the property owner or tenant. In this subsection, “highest and best use” has the
3meaning given in s. 70.32 (1).
AB68-SSA1,1250
4Section
1250. 70.11 (4) (a) 1m. of the statutes is created to read:
AB68-SSA1,649,95
70.11
(4) (a) 1m. Property owned and used exclusively by a community health
6center that receives a federal grant under
42 USC 254b, is exempt from federal
7income taxation under section
501 (c) (3) of the Internal Revenue Code, and annually
8treats at least 30,000 patients, but not exceeding 25 acres of land necessary for
9location and convenience of buildings while such property is not used for profit.
AB68-SSA1,1251
10Section 1251
. 70.32 (1) of the statutes is amended to read:
AB68-SSA1,650,511
70.32
(1) Real property shall be valued by the assessor in the manner specified
12in the Wisconsin property assessment manual provided under s. 73.03 (2a)
at its
13highest and best use from actual view or from the best information that the assessor
14can practicably obtain, at the full value which could ordinarily be obtained therefor
15at private sale. In determining the value, the assessor shall consider recent
16arm's-length sales of the property to be assessed if according to professionally
17acceptable appraisal practices those sales conform to recent arm's-length sales of
18reasonably comparable property; recent arm's-length sales of reasonably
19comparable property; and all factors that, according to professionally acceptable
20appraisal practices, affect the value of the property to be assessed.
In this subsection,
21“arm's-length sale" means a sale between a willing buyer and willing seller, neither
22being under compulsion to buy or sell and each being familiar with the attributes of
23the property sold. In this subsection, “highest and best use" means the specific
24current use of the property or a higher use for which the property may be used as of
25the current assessment date, if the property is marketable for that use and the use
1is legally permissible, physically possible, not highly speculative, and financially
2feasible and provides the highest net return. When the current use of a property is
3the highest and best use of that property, value in the current use equals full market
4value. In this subsection, “legally permissible” does not include a conditional use
5that has not been granted as of the assessment date.
AB68-SSA1,1252
6Section 1252
. 70.32 (1b) of the statutes is created to read:
AB68-SSA1,650,197
70.32
(1b) In determining the value of real property under sub. (1), the assessor
8may consider, as part of the valuation under sub. (1), any lease provisions and actual
9rent pertaining to a property and affecting its value, including the lease provisions
10and rent associated with a sale and leaseback of the property, if all such lease
11provisions and rent are the result of an arm's-length transaction involving persons
12who are not related in any of the ways specified under section
267 (b) of the Internal
13Revenue Code for the year of the transaction. The assessor shall reconcile the results
14of such consideration with the professionally acceptable appraisal practices
15regarding reasonably comparable sales, the cost approach, and other methods
16specified in the Wisconsin property assessment manual provided under s. 73.03 (2a).
17In this subsection, an “arm's-length transaction" means an agreement between
18willing parties, neither being under compulsion to act and each being familiar with
19the attributes of the property.
AB68-SSA1,1253
20Section 1253
. 70.32 (1d) of the statutes is created to read:
AB68-SSA1,650,2321
70.32
(1d) (a)
To determine the value of property using generally accepted
22appraisal methods, the assessor shall consider all of the following as comparable to
23the property being assessed:
AB68-SSA1,650,2524
1. Sales or rentals of properties exhibiting the same or a similar highest and
25best use with placement in the same real estate market segment.
AB68-SSA1,651,5
12. Sales or rentals of properties that are similar to the property being assessed
2with regard to age, condition, use, type of construction, location, design, physical
3features, and economic characteristics, including similarities in occupancy and the
4potential to generate rental income. For purposes of this subdivision, such
5properties may be found locally, regionally, or nationally.
AB68-SSA1,651,76
(b) For purposes of par. (a), a property is not comparable if any of the following
7applies:
AB68-SSA1,651,118
1. At or before the time of sale, the seller places any deed restriction on the
9property that changes the highest and best use of the property, or prohibits
10competition, so that it no longer qualifies as a comparable property under par. (a) 1.
11or 2. and the property being assessed lacks such a restriction.
AB68-SSA1,651,1612
2. The property is dark property and the property being assessed is not dark
13property. In this subdivision, “dark property” means property that is vacant or
14unoccupied beyond the normal period for property in the same real estate market
15segment. For purposes of this subdivision, what is considered vacant or unoccupied
16beyond the normal period may vary depending on the property location.
AB68-SSA1,651,1817
(c) For purposes of par. (a), “highest and best use" has the meaning given in s.
1870.32 (1).
AB68-SSA1,651,2419
(d) For purposes of par. (a), “real estate market segment” means a pool of
20potential buyers and sellers that typically buy or sell properties similar to the
21property being assessed, including potential buyers who are investors or
22owner-occupants. For purposes of this paragraph, and depending on the type of
23property being assessed, the pool of potential buyers and sellers may be found locally,
24regionally, nationally, or internationally.
AB68-SSA1,1254
25Section
1254. 70.995 (14) (b) of the statutes is amended to read:
AB68-SSA1,652,6
170.995
(14) (b) If the department of revenue
does not receive the fee imposed 2on a municipality imposes a fee under par. (a)
by March 31 of each year on a
3municipality, the department shall reduce
the
a distribution made to the
4municipality under s.
79.02 (2) (b) 79.02 (1) in the following year by the amount of
5the fee.
Any amount that is not able to be deducted from a distribution under s. 79.02
6(1) shall be directly imposed upon the municipality.
AB68-SSA1,1255
7Section 1255
. 71.03 (2) (d) (title) of the statutes is amended to read:
AB68-SSA1,652,88
71.03
(2) (d) (title)
Husband and wife Spouses joint filing.
AB68-SSA1,1256
9Section 1256
. 71.03 (2) (d) 1. of the statutes is amended to read: