Amendment SA1-SSA1-SB434

LRBa1998/1

ZDW:wlj

2015 - 2016 LEGISLATURE

SENATE AMENDMENT 1, TO SENATE SUBSTITUTE AMENDMENT 1, TO SENATE BILL 434

February 9, 2016 - Offered by Senator Bewley.

SB434-SSA1-SA1,1,1 At the locations indicated, amend the substitute amendment as follows:

SB434-SSA1-SA1,1,2 1. Page 13, line 17: after that line insert:

SB434-SSA1-SA1,1,3 " Section 44e. 77.84 (2) (am) of the statutes is amended to read:

SB434-SSA1-SA1,1,9 77.84 (2) (am) For managed forest land orders that take effect on or after April 28, 2004, and before the effective date of this paragraph .... [LRB inserts date], each owner of managed forest land shall pay to each municipal treasurer, on or before January 31, an amount that is equal to 5 percent of the average statewide property tax per acre of property classified under s. 70.32 (2) (a) 6., as determined under par. (cm), for each acre of managed forest land.

SB434-SSA1-SA1,44m Section 44m. 77.84 (2) (bm) of the statutes is amended to read:

SB434-SSA1-SA1,2,7 77.84 (2) (bm) For managed forest land orders that take effect on or after April 28, 2004, and before the effective date of this paragraph .... [LRB inserts date], in addition to the payment under par. (am), each owner of managed forest land shall pay to each municipal treasurer, on or before January 31, an amount that is equal to 20 percent of the average statewide property tax per acre of property classified under s. 70.32 (2) (a) 6., as determined under par. (cm), for each acre that is designated as closed under s. 77.83 and for each acre that is located in a proposed ferrous mining site and that is not open to all of the outdoor activities specified in s. 77.83 (2) (a) for any part of the previous calendar year.

SB434-SSA1-SA1,44s Section 44s. 77.84 (2) (d) and (e) of the statutes are created to read:

SB434-SSA1-SA1,2,12 77.84 (2) (d) Except as provided in par. (e), for managed forest land orders that take effect on or after the effective date of this paragraph .... [LRB inserts date], each owner of managed forest land shall pay to each municipal treasurer, on or before January 31, an amount equal to the amount calculated under par. (am).

SB434-SSA1-SA1,2,17 (e) For managed forest land orders that take effect on or after the effective date of this paragraph .... [LRB inserts date], each owner of managed forest land that is closed under s. 77.83 shall pay to each municipal treasurer, on or before January 31, an amount equal to the greater of the sum of the amounts calculated under pars. (am) and (bm) or the sum of the following:

SB434-SSA1-SA1,2,21 1. An amount equal to 5 percent of the full value of the managed forest land that is closed under s. 77.83, multiplied by the full value effective rate of taxation applicable to general property in the same taxation district as the managed forest land.

SB434-SSA1-SA1,2,25 2. An amount equal to 20 percent of the full value of the managed forest land that is closed under s. 77.83, multiplied by the full value effective rate of taxation applicable to general property in the same taxation district as the managed forest land.".

SB434-SSA1-SA1,3,1 2. Page 24, line 15: after that line insert:

SB434-SSA1-SA1,3,2 " Section 95m. 77.89 (2) (b) of the statutes is amended to read:

SB434-SSA1-SA1,3,8 77.89 (2) (b) The municipal treasurer shall pay all amounts received under s. 77.84 (2) (b) and, (bm), and (e) to the county treasurer, as provided under ss. 74.25 and 74.30. The county treasurer shall, by June 30 of each year, pay all amounts received under this paragraph to the department. All amounts received by the department shall be credited to the conservation fund and shall be reserved for land acquisition, resource management activities, and grants under s. 77.895.".

SB434-SSA1-SA1,3,9 (End)