LRB-2314/2
JS:mfd:km
1997 - 1998 LEGISLATURE
April 17, 1997 - Introduced by Representatives Musser, Freese, Springer,
Huebsch, Gronemus, Seratti
and Lorge. Referred to Committee on Ways and
Means.
AB297,1,2 1An Act to repeal 74.11 (5) and 74.12 (6m); and to amend 74.11 (2) (b) of the
2statutes; relating to: instalment payments of property taxes.
Analysis by the Legislative Reference Bureau
Under current law, property taxes may be paid in instalments unless the
amount owed on a parcel, or on an improvement on leased land, is less than $100.
Under this bill, those taxes may be paid in instalments regardless of the amount
owed.
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:
AB297, s. 1 3Section 1. 74.11 (2) (b) of the statutes is amended to read:
AB297,1,64 74.11 (2) (b) In 2 equal instalments, unless subject to sub. (5), with the first
5instalment payable on or before January 31 and the 2nd instalment payable on or
6before July 31.
AB297, s. 2 7Section 2. 74.11 (5) of the statutes is repealed.
AB297, s. 3
1Section 3. 74.12 (6m) of the statutes is repealed.
AB297, s. 4 2Section 4. Initial applicability.
AB297,2,43 (1) This act first applies to taxes based on the assessment as of the January 1
4after the effective date of this subsection.
AB297,2,55 (End)
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