LRB-1130/1
JS:kaf:km
1997 - 1998 LEGISLATURE
March 11, 1997 - Introduced by Representatives Urban, Gard, Green, Freese,
Wasserman, Ladwig, Jensen, Underheim, Robson, Bock, Duff, Walker,
Carpenter, Johnsrud, Vrakas, Seratti, Meyer, Turner, Dobyns, Porter,
Handrick, Lazich, Murat, Albers, Powers, Reynolds, Vander Loop, Olsen,
Hahn, Musser, Owens, Goetsch, Kreibich, F. Lasee, Hanson, L. Young,
Hutchison, Grothman, Schafer, Brandemuehl, Hasenohrl and Springer,
cosponsored by Senators Moen, Welch, Farrow, Wirch, Buettner, Huelsman,
Rosenzweig, Zien, Panzer and Drzewiecki. Referred to Joint survey
committee on Tax Exemptions.
AB171,1,2
1An Act to create 77.54 (14) (f) of the statutes;
relating to: a use tax exemption
2for medicines.
Analysis by the Legislative Reference Bureau
Under current law, if certain conditions are fulfilled medicines are exempt from
the sales tax and the use tax. Medicines furnished to physicians and others as
samples are subject to the use tax, which is imposed on the pharmaceutical company
that furnishes the medicine. Under this bill, free samples of medicines that are
furnished to a physician, surgeon, osteopath or licensed dentist and that may not be
dispensed without a prescription are exempt from the use tax.
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:
AB171, s. 1
3Section
1. 77.54 (14) (f) of the statutes is created to read:
AB171,1,64
77.54
(14) (f) Furnished without charge to a physician, surgeon or osteopath
5or to a dentist who is licensed under ch. 447 if the medicine may not be dispensed
6without a prescription.
AB171,2,32
(1)
This act takes effect on the first day of the 2nd month beginning after
3publication.
