LRB-1378/1
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1999 - 2000 LEGISLATURE
March 4, 1999 - Introduced by Representatives Sykora, Wood, Albers, Freese,
Grothman, Gunderson, F. Lasee, Miller, Kelso, Montgomery, Musser,
Owens, Powers, Ryba, Skindrud, Urban, Wasserman and Ziegelbauer,
cosponsored by Senators Drzewiecki, Lazich and
Schultz. Referred to
Committee on Ways and Means.
AB163,1,2
1An Act to amend 77.51 (4) (b) 1. and 77.51 (15) (b) 1. of the statutes;
relating
2to: the sales taxes on purchases made with a manufacturer's rebate.
Analysis by the Legislative Reference Bureau
Under current law, the state imposes a sales tax on all retailers at the rate of
5% of the gross receipts from the sale of goods. The retailer generally passes the sales
tax on to the consumer. The state also imposes a use tax on all consumers, at the rate
of 5% of the sales price, for the consumption, use or storage of goods in this state that
the consumer purchases from out-of-state retailers. Under current law, when a
consumer purchases an automobile that qualifies for a manufacturer's rebate, the
consumer pays either a sales tax or a use tax on the original price of the automobile
rather than on the price as reduced by the manufacturer's rebate.
Under this bill, when the consumer purchases an automobile with a
manufacturer's rebate, the consumer pays a sales tax or a use tax on the reduced
price rather than on the original price.
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:
AB163, s. 1
3Section
1. 77.51 (4) (b) 1. of the statutes is amended to read:
AB163,2,3
177.51
(4) (b) 1. Cash or term discounts
, or automobile manufacturers' rebates, 2allowed and taken on sales
;.
In this subdivision, "automobile" has the meaning given
3in s. 340.01 (4).
AB163, s. 2
4Section
2. 77.51 (15) (b) 1. of the statutes is amended to read:
AB163,2,75
77.51
(15) (b) 1. Cash discounts
, or automobile manufacturers' rebates, allowed
6and taken on sales
;. In this subdivision, "automobile" has the meaning given in s.
7340.01 (4).
AB163,2,109
(1)
Manufacturers' rebates. This act takes effect on the first day of the 2nd
10month beginning after publication.
