AB431: Text as Enrolled

Date of enactment:
2003 Assembly Bill 431 Date of publication*:

* Section 991.11, Wisconsin Statutes 2001-02 : Effective date of acts. "Every act and every portion of an act enacted by the legislature over the governor's partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication as designated" by the secretary of state [the date of publication may not be more than 10 working days after the date of enactment].

2003 WISCONSIN ACT

An Act to renumber 43.64 (2m); to consolidate, renumber and amend 43.64 (2) (b) 1. and 2.; to amend 43.64 (2) (b) (intro.); and to create 43.64 (2) (b) 3. and 43.64 (2m) (b) of the statutes; relating to: a county's tax levy for library services.

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

AB431, s. 1 Section 1. 43.64 (2) (b) (intro.) of the statutes is amended to read:

43.64 (2) (b) (intro.) Except as provided in sub. (2m), any city, town, village or school district in a county levying a tax for public library service under sub. (1) shall, upon written application to the county board of the county, be exempted from the tax levy, if the city, town, village or school district making the application levies a tax for public library service and appropriates and expends for a library fund during the year for which the county tax levy is made a sum at least equal to an amount the lesser of the amounts calculated as follows:

AB431, s. 2 Section 2. 43.64 (2) (b) 1. and 2. of the statutes are consolidated, renumbered 43.64 (2) (b) 1. and amended to read:

43.64 (2) (b) 1. Divide the amount of tax levied by the county for public library service under sub. (1) in the prior year, less the amount levied for public library capital expenditures, by the equalized valuation of property in that area of the county that was subject to the county property tax levy for public library services in the prior year. 2. Multiply the amount determined under subd. 1., and multiply the quotient by the equalized valuation of property in the city, village, town or school district for the current year.

AB431, s. 3 Section 3. 43.64 (2) (b) 3. of the statutes is created to read:

43.64 (2) (b) 3. Divide the amount of tax levied by the county for public library service under sub. (1) in the prior year, less the amount levied for public library capital expenditures, by the population of that area of the county that was subject to the county property tax levy for public library services in the prior year, and multiply the quotient by the population of the city, village, town, or school district for the current year.

AB431, s. 3g Section 3g. 43.64 (2m) of the statutes is renumbered 43.64 (2m) (a).

AB431, s. 3r Section 3r. 43.64 (2m) (b) of the statutes is created to read:

43.64 (2m) (b) Subsection (2) (b) 3. applies only if the county board approves.

AB431, s. 4 Section 4. Initial applicability.

(1) This act first applies to property tax assessments as of January 1, 2004.