Amendment SSA1-SB556

LRBs0560/2

MES:skg&kaf:km

1995 - 1996 LEGISLATURE

SENATE SUBSTITUTE AMENDMENT 1, To 1995 SENATE BILL 556

March 26, 1996 - Offered by Committee on Human Resources, Labor, Tourism, Veterans and Military Affairs.

SB556-SSA1,1,3 An Act to renumber 71.85 (3); and to create 71.85 (3) (b) of the statutes; relating to: interest and penalty waivers for certain payments made to national guard technicians.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

SB556-SSA1, s. 1 Section 1. 71.85 (3) of the statutes is renumbered 71.85 (3) (a).

SB556-SSA1, s. 2 Section 2. 71.85 (3) (b) of the statutes is created to read:

SB556-SSA1,2,4 71.85 (3) (b) No penalty or interest that has been imposed under this subchapter for taxable years beginning after December 31, 1988, and before January 1, 1997, on a taxpayer who was an employe of the Wisconsin national guard, who worked as a technician and who was recognized as a federal employe under P.L. 90-486, or who is the surviving spouse of such a person, to the extent that the penalty or interest or both relate to payments received from the U.S. civil service retirement system by such a person, is due and may not be collected or imposed by the department of revenue on or after the effective date of this paragraph .... [revisor inserts date]. A person to whom this paragraph applies, who has paid interest or penalties or both on payments that are described under this paragraph before the effective date of this paragraph .... [revisor inserts date], is eligible to claim a refund for the payment that he or she has made if the claim is filed within 8 years after the unextended date on which the tax return was due.

SB556-SSA1,2,5 (End)