LRB-2424/3
JK:jld:pg
2001 - 2002 LEGISLATURE
July 12, 2001 - Introduced by Senators Lazich, Grobschmidt, Schultz, Baumgart,
Hansen, Darling and
Roessler, cosponsored by Representatives Krawczyk,
Musser, Shilling, Ryba, Schneider, Pettis, Gunderson, Boyle, Balow, Hoven,
Powers, Freese, Lassa, Petrowski, McCormick, Plale, Seratti, D. Meyer,
Jeskewitz, Wade, Plouff, F. Lasee, Gronemus, Young and Owens. Referred to
Joint survey committee on Tax Exemptions.
SB220,1,2
1An Act to create 77.54 (46) of the statutes;
relating to: a sales tax and use tax
2exemption for textbooks.
Analysis by the Legislative Reference Bureau
This bill creates a sales tax and use tax exemption for textbooks that are
required for a course offered by a university, college, or technical college and that are
used by a student enrolled in the course.
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:
SB220, s. 1
3Section
1. 77.54 (46) of the statutes is created to read:
SB220,1,74
77.54
(46) The gross receipts from the sale of and the storage, use, or other
5consumption of textbooks that are required for a course offered by a university,
6college, technical college, or school approved under s. 45.54, located in this state, and
7that are used by a student enrolled in the course.
SB220,2,32
(1)
This act takes effect on the first day of the 2nd month beginning after
3publication.
