AB764: Bill Text

LRB-2662/1

JS:skg:jlb

1995 - 1996 LEGISLATURE

1995 Assembly BILL 764

January 2, 1996 - Introduced by Representatives Ourada, Handrick, Seratti, Ainsworth, Baldus, Boyle, Goetsch, Gronemus, Grothman, Huber, Johnsrud, Kreuser, Olsen, Owens and Silbaugh. Referred to Joint survey committee on Tax Exemptions.

AB764,1,3 An Act to create 70.11 (32m) of the statutes; relating to: creating a property tax exemption for ski trail grooming equipment owned by nonprofit ski clubs or nonprofit ski hills.

Analysis by the Legislative Reference Bureau

This bill creates a property tax exemption for equipment that is used to groom ski trails and that is owned either by a nonprofit ski club or by a nonprofit ski hill.

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:

AB764, s. 1 Section 1. 70.11 (32m) of the statutes is created to read:

AB764,1,6 70.11 (32m) Ski trail groomers. Equipment that is used to groom ski trails and that is owned by a nonprofit ski club or by a nonprofit ski hill.

AB764, s. 2 Section 2. Effective date.

AB764,1,8 (1)  This act takes effect on the January 1 after publication.

AB764,1,9 (End)