SB70-SSA2,319 20Section 319. 66.0602 (2) (b) of the statutes is amended to read:
SB70-SSA2,321,321 66.0602 (2) (b) For purposes of par. (a), in 2018, and in each year thereafter, the
22base amount to which the limit under this section applies is the actual levy for the
23immediately preceding year, plus the amount of the payment payments under s. ss.
2479.096 and 79.0965, and the levy limit is the base amount multiplied by the valuation
25factor, minus the amount of the payment payments under s. ss. 79.096 and 79.0965,

1except that the adjustments for payments received under s. 79.096 or 79.0965 do not
2apply to payments received under s. 79.096 (3) or 79.0965 (3) for a tax incremental
3district that has been terminated.
SB70-SSA2,320 4Section 320. 66.0602 (3) (d) 2. of the statutes is amended to read:
SB70-SSA2,321,125 66.0602 (3) (d) 2. The limit otherwise applicable under this section does not
6apply to amounts levied by a political subdivision for the payment of any general
7obligation debt service, including debt service on debt issued or reissued to fund or
8refund outstanding obligations of the political subdivision, interest on outstanding
9obligations of the political subdivision, or the payment of related issuance costs or
10redemption premiums, authorized on or after July 1, 2005, and secured by the full
11faith and credit of the political subdivision. This subdivision does not apply to the
12town of Sanborn in Ashland County.
SB70-SSA2,321 13Section 321. 70.11 (47) of the statutes is created to read:
SB70-SSA2,321,1714 70.11 (47) Cranberry research and educational station. All property owned
15or leased by an entity that is exempt from taxation under section 501 (c) (3) of the
16Internal Revenue Code and that is used primarily for research and educational
17activities associated with commercial cranberry production.
SB70-SSA2,322 18Section 322 . 70.119 (2) of the statutes is amended to read:
SB70-SSA2,321,2119 70.119 (2) The department shall make reasonable payments for municipal
20services pursuant to the procedures specified in subs. (4), (5) and, (6), and (6m),
21except as provided in sub. (9).
SB70-SSA2,323 22Section 323 . 70.119 (6m) of the statutes is created to read:
SB70-SSA2,321,2523 70.119 (6m) In negotiating and computing the proposed payments to a
24municipality, the department may not consider the municipality's receipt of a grant
25under s. 45.58 to be a payment for municipal services.
SB70-SSA2,324
1Section 324. 70.119 (7) (a) of the statutes is amended to read:
SB70-SSA2,322,82 70.119 (7) (a) The department shall make payment from the appropriation
3under s. 20.835 (5) (a) (r) for municipal services provided by municipalities to state
4facilities. If the appropriation under s. 20.835 (5) (a) (r) is insufficient to pay the full
5amount under sub. (6) in any one year, the department shall prorate payments
6among the municipalities entitled thereto. The University of Wisconsin Hospitals
7and Clinics Authority shall make payment for municipal services provided by
8municipalities to facilities of the authority described in s. 70.11 (38).
SB70-SSA2,325 9Section 325 . 71.05 (1) (i) of the statutes is created to read:
SB70-SSA2,322,1410 71.05 (1) (i) Commercial loans. Income from a tax-option corporation that is
11a financial institution, as defined in s. 69.30 (1) (b), including interest, fees, and
12penalties, derived from a commercial loan of $5,000,000 or less provided to a person
13residing or located in this state and used primarily for a business or agricultural
14purpose.
SB70-SSA2,326 15Section 326. 71.06 (1q) (a) of the statutes is amended to read:
SB70-SSA2,322,1816 71.06 (1q) (a) On all taxable income from $0 to $7,500, 4.40 percent, except that
17for taxable years beginning after December 31, 2013, 4.0 percent and except that the
18rate is 3.50 percent for taxable years beginning after December 31, 2022
.
SB70-SSA2,327 19Section 327. 71.06 (1q) (b) of the statutes is amended to read:
SB70-SSA2,322,2320 71.06 (1q) (b) On all taxable income exceeding $7,500 but not exceeding
21$15,000, 5.84 percent, except that for taxable years beginning after December 31,
222018, 5.21 percent and except that the rate is 4.40 percent for taxable years
23beginning after December 31, 2022
.
SB70-SSA2,328 24Section 328. 71.06 (1q) (c) of the statutes is amended to read:
SB70-SSA2,323,4
171.06 (1q) (c) On all taxable income exceeding $15,000 but not exceeding
2$225,000, 6.27 percent, except that for taxable years beginning after December 31,
32020, 5.30 percent and except that the rate is 4.40 percent for taxable years
4beginning after December 31, 2022
.
SB70-SSA2,329 5Section 329. 71.06 (1q) (d) of the statutes is amended to read:
SB70-SSA2,323,76 71.06 (1q) (d) On all taxable income exceeding $225,000, 7.65 percent, except
7that the rate is 6.50 percent for taxable years beginning after December 31, 2022
.
SB70-SSA2,330 8Section 330. 71.06 (2) (i) 1. of the statutes is amended to read:
SB70-SSA2,323,119 71.06 (2) (i) 1. On all taxable income from $0 to $10,000, 4.40 percent, except
10that for taxable years beginning after December 31, 2013, 4.0 percent and except that
11the rate is 3.50 percent for taxable years beginning after December 31, 2022
.
SB70-SSA2,331 12Section 331. 71.06 (2) (i) 2. of the statutes is amended to read:
SB70-SSA2,323,1613 71.06 (2) (i) 2. On all taxable income exceeding $10,000 but not exceeding
14$20,000, 5.84 percent, except that for taxable years beginning after December 31,
152018, 5.21 percent and except that the rate is 4.40 percent for taxable years
16beginning after December 31, 2022
.
SB70-SSA2,332 17Section 332. 71.06 (2) (i) 3. of the statutes is amended to read:
SB70-SSA2,323,2118 71.06 (2) (i) 3. On all taxable income exceeding $20,000 but not exceeding
19$300,000, 6.27 percent, except that for taxable years beginning after December 31,
202020, 5.30 percent and except that the rate is 4.40 percent for taxable years
21beginning after December 31, 2022
.
SB70-SSA2,333 22Section 333. 71.06 (2) (i) 4. of the statutes is amended to read: