2013 - 2014 LEGISLATURE
SENATE AMENDMENT 11,
TO SENATE SUBSTITUTE AMENDMENT 2,
TO SENATE BILL 1
February 27, 2013 - Offered by Senators T. Cullen, Miller,
Vinehout, Carpenter, Hansen, Jauch, Lassa, C. Larson, Risser and
(g) Regional Wisconsin diversification program.
All moneys received 5
under s. 70.395 (1e) for grants, loans, and disbursements under s. 238.14.".
(a) In Except as provided in sub. (7), with
respect to mines not in 11
operation on November 28, 1981, there is imposed upon persons engaged in mining
metalliferous minerals in this state a net proceeds occupation tax effective on the 2
date on which extraction begins to compensate the state and municipalities for the 3
loss of valuable, irreplaceable metalliferous minerals. The amount of the tax shall 4
be determined by applying the rates established under sub. (5) to the net proceeds 5
of each mine. The net proceeds of each mine for each year are the difference between 6
the gross proceeds and the deductions allowed under sub. (4) for the year.".
70.375 (5) (intro.) of the statutes is amended to read:
70.375 (5) Rates.
(intro.) The Except as provided in sub. (7), the
tax to be 10
assessed, levied and collected upon persons engaging in mining metalliferous 11
minerals in this state shall be computed at the following rates:
70.375 (7) Per ton rate.
(a) Notwithstanding subs. (2) and (5), for mines in 14
operation after December 31, 2012, the tax assessed, levied, and collected from a 15
person engaged in mining ferrous minerals in this state is an amount equal to $2 for 16
each 2,240 pounds of ferrous minerals extracted by the person from mines in this 17
state, based on the average annual amount extracted during the current year and 18
the previous 2 years, not including any year in which the person is not extracting 19
ferrous minerals from mines in this state.
(b) Beginning in 2014, and in each year thereafter, the department shall change 21
the dollar amount rate under par. (a) to reflect the percentage change in the gross 22
domestic product implicit price deflator from the 4th quarter of the 2nd preceding 23
year to the 4th quarter of the preceding year, as determined by the federal 24
department of commerce.".
59. Page 8, line 2
: delete "
" and substitute "appropriation under s.
620.192 (1) (g) for the regional Wisconsin diversification program under s. 238.14
9238.14 Regional Wisconsin diversification program.
The corporation 10
may use moneys appropriated under s. 20.192 (1) (g) only as follows:
The corporation may make a grant or loan of those moneys to a business that 12
is located within 100 miles from the site of a mine for ferrous metallic minerals in 13
this state, and the corporation shall give preference for that grant or loan to a 14
business that is located in close proximity to the site of the mine. In making a grant 15
or loan under this subsection, the corporation shall coordinate with an appropriate 16
local governmental unit, as defined in s. 238.133 (1) (b), to make that grant or loan 17
on a competitive basis for the purpose of business diversification.
The corporation may disburse those moneys for the purpose of catastrophe 19
abatement or response related to a mine for ferrous metallic minerals, as determined 20
by the corporation.".