Amendment SA3-SB61

LRBa2716/1

RCT&JK:wlj:rs

2003 - 2004 LEGISLATURE

SENATE AMENDMENT 3, TO 2003 SENATE BILL 61

March 9, 2004 - Offered by Senator Carpenter.

SB61-SA3,1,1 At the locations indicated, amend the bill as follows:

SB61-SA3,1,3 1. Page 1, line 5: after "information," insert "the annual adjustment of the motor vehicle fuel tax rate,".

SB61-SA3,1,4 2. Page 5, line 1: before that line insert:

SB61-SA3,1,5 " Section 1g. 78.015 (1) of the statutes is amended to read:

SB61-SA3,1,10 78.015 (1) Before April 1 the department shall recompute and publish the rate for the tax imposed under s. 78.01 (1). The new rate per gallon shall be calculated by multiplying the rate in effect at the time of the calculation by the amount obtained under sub. (2). The calculation under this subsection and sub. (2) does not apply to the rate of the tax imposed under s. 78.01 (1) after March 31, 2003.

SB61-SA3, s. 1i Section 1i. 78.12 (4) (a) 4. of the statutes is amended to read:

SB61-SA3,1,13 78.12 (4) (a) 4. Multiply the number of gallons under subd. 3. by the rate published under s. 78.015 as increased under s. 78.017.

SB61-SA3, s. 1k Section 1k. 78.12 (4) (b) 2. of the statutes is amended to read:

SB61-SA3,2,3 78.12 (4) (b) 2. Multiply the number of gallons under subd. 1. by the rate published under s. 78.015 as increased under s. 78.017.".

SB61-SA3,2,4 3. Page 5, line 1: delete " Section 1" and substitute "Section 1r".

SB61-SA3,2,5 4. Page 37, line 13: after that line insert:

SB61-SA3,2,6 " Section 3b. Initial applicability.

SB61-SA3,2,9 (1m) The treatment of sections 78.015 (1) and 78.12 (4) (a) 4. and (b) 2. of the statutes first applies to the tax rate of the motor vehicle fuel tax that is imposed after March 31, 2003.".

SB61-SA3,2,10 (End)