LRB-2648/1
JS:skg:km
1995 - 1996 LEGISLATURE
April 19, 1995 - Introduced by Representatives Linton, Baldus, Plombon and
Grothman, cosponsored by Senators Breske, A. Lasee, Jauch and Leean.
Referred to Joint survey committee on Tax Exemptions.
AB321,1,2
1An Act to amend 77.54 (39) of the statutes;
relating to: creating a sales tax and
2use tax exemption for certain equipment used in harvesting timber.
Analysis by the Legislative Reference Bureau
Under current law, off-highway, heavy mechanical equipment used by loggers
to harvest or process raw timber products in the field is exempt from the sales tax
and use tax. This bill extends that exemption to other equipment that is used for the
same purposes.
This bill will be referred to the joint survey committee on tax exemptions for a
detailed analysis, which will be printed as an appendix to this bill.
For further information see the state and local 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:
AB321, s. 1
3Section
1. 77.54 (39) of the statutes is amended to read:
AB321,2,24
77.54
(39) The gross receipts from the sale of and the storage, use or other
5consumption of off-highway, heavy mechanical equipment such as feller bunchers,
6slashers, delimbers, chippers, hydraulic loaders, loaders, skidder-forwarders,
7skidders, timber wagons and tractors
and of other equipment used exclusively and
8directly in the harvesting or processing of raw timber products in the field by a person
1in the logging business.
In this subsection, "heavy mechanical equipment" does not
2include hand tools such as axes, chains, chain saws and wedges.
AB321,2,5
4(1)
This act takes effect on the first day of the 2nd month beginning after
5publication.
