AB2-ASA1,4,1613
60.85
(1) (h) 1. c. Real property assembly costs, meaning any deficit incurred
14resulting from the sale or lease as lessor by the town of real
or personal property
15within a tax incremental district for consideration which is less than its cost to the
16town.
AB2-ASA1,9
17Section 9
. 60.85 (1) (o) of the statutes is amended to read:
AB2-ASA1,4,1918
60.85
(1) (o) “Taxable property" means all real
and personal taxable property
19located in a tax incremental district.
AB2-ASA1,10
20Section
10. 60.85 (5) (j) of the statutes is created to read:
AB2-ASA1,5,221
60.85
(5) (j) Upon receiving a written application from the town clerk, in a form
22prescribed by the department of revenue, the department shall recalculate the base
23value of a tax incremental district affected by 2023 Wisconsin Act .... (this act) to
24remove the value of the personal property. A request received under this paragraph
25no later than October 31 is effective in the year following the year in which the
1request is made. A request received after October 31 is effective in the 2nd year
2following the year in which the request is made.
AB2-ASA1,11
3Section
11. 66.0435 (3) (c) 1. (intro.) of the statutes is amended to read:
AB2-ASA1,5,104
66.0435
(3) (c) 1. (intro.) In addition to the license fee provided in pars. (a) and
5(b), each licensing authority shall collect from each unit occupying space or lots in a
6community in the licensing authority, except from recreational mobile homes as
7provided under par. (cm), from manufactured and mobile homes that constitute
8improvements to real property
under s. 70.043 (1), from recreational vehicles as
9defined in s. 340.01 (48r), and from camping trailers as defined in s. 340.01 (6m), a
10monthly municipal permit fee computed as follows:
AB2-ASA1,12
11Section
12. 66.0435 (3) (g) of the statutes is amended to read:
AB2-ASA1,5,1412
66.0435
(3) (g) Failure to timely pay the tax prescribed in this subsection shall
13be treated as a default in payment of
personal property tax and is subject to all
14procedures and penalties applicable under chs. 70 and 74.
AB2-ASA1,13
15Section
13. 66.0435 (9) of the statutes is amended to read:
AB2-ASA1,5,2516
66.0435
(9) Municipalities; monthly municipal permit fees on recreational
17mobile homes and recreational vehicles. A licensing authority may assess monthly
18municipal permit fees at the rates under this section on recreational mobile homes
19and recreational vehicles, as defined in s. 340.01 (48r), except recreational mobile
20homes and recreational vehicles that are located in campgrounds licensed under s.
2197.67, recreational mobile homes that constitute improvements to real property
22under s. 70.043 (1), and recreational mobile homes or recreational vehicles that are
23located on land where the principal residence of the owner of the recreational mobile
24home or recreational vehicle is located, regardless of whether the recreational mobile
25home or recreational vehicle is occupied during all or part of any calendar year.
AB2-ASA1,14
1Section
14. 66.1105 (2) (d) of the statutes is repealed.
AB2-ASA1,15
2Section 15
. 66.1105 (2) (f) 1. c. of the statutes is amended to read:
AB2-ASA1,6,53
66.1105
(2) (f) 1. c. Real property assembly costs, meaning any deficit incurred
4resulting from the sale or lease as lessor by the city of real
or personal property within
5a tax incremental district for consideration which is less than its cost to the city.
AB2-ASA1,16
6Section
16. 66.1105 (2) (i) 2. of the statutes is amended to read:
AB2-ASA1,6,117
66.1105
(2) (i) 2. For purposes of any agreement between the taxing jurisdiction
8and a developer regarding the tax incremental district entered into prior to
April 5,
92018 the effective date of this subdivision .... [LRB inserts date], “tax increment”
10includes the amount that a taxing jurisdiction is obligated to attribute to a tax
11incremental district under s. 79.096 (3).
AB2-ASA1,17
12Section 17
. 66.1105 (5) (j) of the statutes is created to read:
AB2-ASA1,6,1913
66.1105
(5) (j) Upon receiving a written application from the city clerk, in a
14form prescribed by the department of revenue, the department shall recalculate the
15base value of a tax incremental district affected by 2023 Wisconsin Act .... (this act)
16to remove the value of the personal property. A request received under this
17paragraph no later than October 31 is effective in the year following the year in which
18the request is made. A request received after October 31 is effective in the 2nd year
19following the year in which the request is made.
AB2-ASA1,18
20Section 18
. 66.1106 (1) (k) of the statutes is amended to read:
AB2-ASA1,6,2221
66.1106
(1) (k) “Taxable property" means all real
and personal taxable property
22located in an environmental remediation tax incremental district.
AB2-ASA1,19
23Section
19. 66.1106 (4) (e) of the statutes is created to read:
AB2-ASA1,7,524
66.1106
(4) (e) Upon receiving a written application from the clerk of a political
25subdivision, in a form prescribed by the department of revenue, the department shall
1recalculate the base value of a tax incremental district affected by 2023 Wisconsin
2Act .... (this act) to remove the value of the personal property. A request received
3under this paragraph no later than October 31 is effective in the year following the
4year in which the request is made. A request received after October 31 is effective
5in the 2nd year following the year in which the request is made.
AB2-ASA1,20
6Section
20. 70.015 of the statutes is created to read:
AB2-ASA1,7,8
770.015 Sunset. Beginning with the property tax assessments as of January
81, 2024, no tax shall be levied under this chapter on personal property.
AB2-ASA1,21
9Section 21
. 70.02 of the statutes is amended to read:
AB2-ASA1,7,14
1070.02 Definition of general property. General property is all the taxable
11real
and personal property defined in ss. 70.03 and 70.04 except that which is taxed
12under ss. 70.37 to 70.395 and ch. 76 and subchs. I and VI of ch. 77. General property
13includes manufacturing property subject to s. 70.995, but assessment of that
14property shall be made according to s. 70.995.
AB2-ASA1,22
15Section
22. 70.04 (1r) of the statutes is amended to read:
AB2-ASA1,7,2116
70.04
(1r) Toll bridges; private railroads and bridges; saw Saw logs, timber, and
17lumber, either upon land or afloat; steamboats, ships, and other vessels, whether at
18home or abroad; ferry boats, including the franchise for running the same; ice cut and
19stored for use, sale, or shipment;
beginning May 1, 1974, and manufacturing
20machinery and equipment as defined in s. 70.11 (27)
, and entire property of
21companies defined in s. 76.28 (1), located entirely within one taxation district.
AB2-ASA1,23
22Section 23
. 70.043 of the statutes is repealed.