AB68-ASA2-AA6,38,2423 1. Sales or rentals of properties exhibiting the same or a similar highest and
24best use with placement in the same real estate market segment.
AB68-ASA2-AA6,39,5
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
4the potential to generate rental income. For purposes of this subdivision, such
5properties may be found locally, regionally, or nationally.
AB68-ASA2-AA6,39,76 (b) For purposes of par. (a), a property is not comparable if any of the following
7applies:
AB68-ASA2-AA6,39,118 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-ASA2-AA6,39,1612 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-ASA2-AA6,39,1817 (c) For purposes of par. (a), “highest and best use" has the meaning given in s.
1870.32 (1).
AB68-ASA2-AA6,39,2419 (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-ASA2-AA6,40,1
162. Page 310, line 17: after that line insert:
AB68-ASA2-AA6,40,3 2 Section 279a. 79.01 (2d) of the statutes is renumbered 79.01 (2d) (intro.) and
3amended to read:
AB68-ASA2-AA6,40,74 79.01 (2d) (intro.) There is established an account in the general fund entitled
5the “County and Municipal Aid Account." The total amount to be distributed in 2011
6to counties and municipalities from the county and municipal aid account is as
7follows:
AB68-ASA2-AA6,40,9 8(a) In 2011, $824,825,715 and the total amount to be distributed to counties and
9municipalities in
.
AB68-ASA2-AA6,40,11 10(b) Beginning in 2012, and in each year thereafter, from the county and
11municipal aid account is
and ending in 2020, $748,075,715.
AB68-ASA2-AA6,279b 12Section 279b. 79.01 (2d) (c) of the statutes is created to read:
AB68-ASA2-AA6,40,1313 79.01 (2d) (c) In 2021, $763,137,215.
AB68-ASA2-AA6,279c 14Section 279c. 79.01 (2d) (d) of the statutes is created to read:
AB68-ASA2-AA6,40,1515 79.01 (2d) (d) In 2022, and in each year thereafter, $778,500,015.
AB68-ASA2-AA6,279d 16Section 279d. 79.035 (5) of the statutes is renumbered 79.035 (5) (a) and
17amended to read:
AB68-ASA2-AA6,40,2218 79.035 (5) (a) Except as provided in subs. (6), (7), and (8), for the distribution
19distributions beginning in 2013 and subsequent years ending in 2020, each county
20and municipality shall receive a payment under this section that is equal to the
21amount of the payment determined for the county or municipality under this section
22for 2012.
AB68-ASA2-AA6,279e 23Section 279e. 79.035 (5) (a) of the statutes, as affected by 2019 Wisconsin Act
2419
, section 18, and 2021 Wisconsin Act .... (this act), is repealed and recreated to read:
AB68-ASA2-AA6,41,4
179.035 (5) (a) Except as provided in subs. (7) and (8), for the distributions
2beginning in 2013 and ending in 2020, each county and municipality shall receive
3a payment under this section that is equal to the amount of the payment determined
4for the county or municipality under this section for 2012.
AB68-ASA2-AA6,279f 5Section 279f. 79.035 (5) (b) of the statutes is created to read:
AB68-ASA2-AA6,41,96 79.035 (5) (b) 1. Except as provided in subs. (6), (7), and (8), for the distribution
7in 2021, each county and municipality shall receive a payment under this section
8that is equal to the amount of the payment determined for the county or municipality
9under this section for 2020, increased by 2 percent.
AB68-ASA2-AA6,41,1310 2. Except as provided in subs. (6), (7), and (8), for the distribution in 2022, each
11county and municipality shall receive a payment under this section that is equal to
12the amount of the payment determined for the county or municipality under this
13section for 2021, increased by 2 percent.
AB68-ASA2-AA6,279g 14Section 279g. 79.035 (5) (b) of the statutes, as affected by 2021 Wisconsin Act
15.... (this act), is repealed and recreated to read:
AB68-ASA2-AA6,41,1916 79.035 (5) (b) 1. Except as provided in subs. (7) and (8), for the distribution in
172021, each county and municipality shall receive a payment under this section that
18is equal to the amount of the payment determined for the county or municipality
19under this section for 2020, increased by 2 percent.
AB68-ASA2-AA6,41,2320 2. Except as provided in subs. (7) and (8), for the distribution in 2022, each
21county and municipality shall receive a payment under this section that is equal to
22the amount of the payment determined for the county or municipality under this
23section for 2021, increased by 2 percent.”.
AB68-ASA2-AA6,41,24 2463. Page 310, line 17: after that line insert:
AB68-ASA2-AA6,42,1
1 Section 279h. 79.096 (1) of the statutes is renumbered 79.096 (1) (a).
AB68-ASA2-AA6,279i 2Section 279i. 79.096 (1) (b) of the statutes is created to read: