AB191: Bill Text

LRB-2949/1

MES:skg:kaf

1995 - 1996 LEGISLATURE

1995 Assembly BILL 191

March 13, 1995 - Introduced by Representatives R. Young, Baumgart, Hasenohrl, Notestein, Boyle, Bell, Plache, Black, Robson and L. Young, cosponsored by Senators Burke, Breske and Risser. Referred to Committee on Ways and Means.

AB191,1,2 An Act to amend 71.52 (5) of the statutes; relating to: providing a homestead credit household income deduction for a claimant's spouse.

Analysis by the Legislative Reference Bureau

Under current law, the calculation of household income under the homestead tax credit includes a deduction of $250 for each of the claimant's dependents, as defined under the internal revenue code. This bill creates a deduction of $250 for the claimant's spouse if the spouse has the same principal abode as the claimant.

For further information see the state fiscal estimate, which will be printed as an appendix to this bill.

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

AB191, s. 1 Section 1. 71.52 (5) of the statutes is amended to read:

AB191,1,9 71.52 (5) "Household income" means all income received by all persons of a household in a calendar year while members of the household, less $250 for the claimant's spouse who has the same principal abode as the claimant and $250 for each of the claimant's dependents, as defined in section 152 of the internal revenue code, who have the same principal abode as the claimant for more than 6 months during the year to which the claim relates.

AB191, s. 2 Section 2. Initial applicability.

AB191,2,2 (1)  This act first applies to claims filed in 1996 based on property taxes accrued in 1995 and 1995 income.

AB191,2,3 (End)