2013 - 2014 LEGISLATURE
SENATE AMENDMENT 13,
TO SENATE BILL 1
February 5, 2013 - Offered by Senators Jauch and
20.192 (1) (g) of the statutes is created to read:
(g) Regional Wisconsin diversification program.
All moneys received 5
under s. 70.395 (1e) for grants, loans, and disbursements under s. 238.14.".
70.375 (2) (a) of the statutes is amended to read:
(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 12
metalliferous minerals in this state a net proceeds occupation tax effective on the 13
date on which extraction begins to compensate the state and municipalities for the
loss of valuable, irreplaceable metalliferous minerals. The amount of the tax shall 2
be determined by applying the rates established under sub. (5) to the net proceeds 3
of each mine. The net proceeds of each mine for each year are the difference between 4
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 8
assessed, levied and collected upon persons engaging in mining metalliferous 9
minerals in this state shall be computed at the following rates:
70.375 (7) of the statutes is created to read:
70.375 (7) Per ton rate.
(a) Notwithstanding subs. (2) and (5), for mines in 12
operation after December 31, 2012, the tax assessed, levied, and collected from a 13
person engaged in mining ferrous minerals in this state is an amount equal to $2.412 14
for each 2,240 pounds of ferrous minerals extracted by the person from mines in this 15
state, based on the average annual amount extracted during the current year and 16
the previous 2 years, not including any year in which the person is not extracting 17
ferrous minerals from mines in this state.
(b) Beginning in 2014, and in each year thereafter, the department shall change 19
the dollar amount rate under par. (a) to reflect the percentage change in the gross 20
domestic product implicit price deflator from the 4th quarter of the 2nd preceding 21
year to the 4th quarter of the preceding year, as determined by the federal 22
department of commerce.".
70.395 (1e) of the statutes is amended to read:
70.395 (1e) Distribution.
Fifteen days after the collection of the tax under ss. 2
70.38 to 70.39, the department of administration, upon certification of the 3
department of revenue, shall transfer the amount collected in respect to mines not 4
in operation on November 28, 1981, to the investment and local impact fund, except
5that the department of administration shall transfer 70 percent of the amount
6collected from each person under s. 70.375 (7) to the investment and local impact
7fund and 30 percent of the amount collected from each person under s. 70.375 (7) to
8the appropriation under s. 20.192 (1) (g) for the regional Wisconsin diversification
9program under s. 238.14
238.14 of the statutes is created to read:
12238.14 Regional Wisconsin diversification program.
The corporation 13
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 15
is located within 100 miles from the site of a mine for ferrous metallic minerals in 16
this state, and the corporation shall give preference for that grant or loan to a 17
business that is located in close proximity to the site of the mine. In making a grant 18
or loan under this subsection, the corporation shall coordinate with an appropriate 19
local governmental unit, as defined in s. 238.133 (1) (b), to make that grant or loan 20
on a competitive basis for the purpose of business diversification.
The corporation may disburse those moneys for the purpose of catastrophe 22
abatement or response related to a mine for ferrous metallic minerals, as determined 23
by the corporation.".