AB969,9,14 71.67 (5m) Withholding from payments to purchase assignment of lottery prize. A person that purchases an assignment of a lottery prize shall withhold from the amount of any payment made to purchase the assignment the amount that is determined by multiplying the amount of the payment by the highest rate applicable to individuals under s. 71.06 (1) (a) to (c), (1m), (1n), (1p), or (1q), or (1r). Subsection (5) (b), (c) and (d), as it applies to the amounts withheld under sub. (5) (a), applies to the amount withheld under this subsection.

AB969,18 Section 18 . Nonstatutory provisions.

AB969,9,20 (1) Revenue from changes to tax rates and brackets. In 2021, the department of revenue shall, no earlier than July 1, 2021, and no later than September 1, 2021, estimate the increase in tax revenue as a result of the modification to the tax rates and brackets under this act and certify that amount to the secretary of administration.

AB969,19 Section 19 . Fiscal changes.

AB969,9,23 (1) In the schedule under s. 20.005 (3) for the appropriation to the University of Wisconsin System under s. 20.285 (1) (a), the dollar amount for fiscal year 2021-22 is increased by an amount equal to the amount certified under Section 18 (1) of this act for the purposes for which the appropriation is made.

AB969,10,3 (End)