LRB-4676/1
PJD:kmg:pg
2001 - 2002 LEGISLATURE
February 22, 2002 - Introduced by Senators Wirch, Decker, Chvala, Plache,
Erpenbach, Baumgart, Burke and Risser, cosponsored by Representatives
Sherman, Bock, Carpenter and Miller. Referred to Committee on
Universities, Housing, and Government Operations.
SJR59,1,4
1To amend section 1 of article VIII of the constitution;
relating to: reducing, by
2income tax credits or by payments from state revenues, property taxes upon
3residential and agricultural real property as defined by law (first
4consideration).
Analysis by the Legislative Reference Bureau
This proposed constitutional amendment, proposed to the 2001 legislature on
first consideration, authorizes the legislature to reduce property taxes imposed upon
residential and agricultural real property, as defined by law, by authorizing credits
against income taxes imposed by this state or payments from state revenues.
A proposed constitutional amendment requires adoption by 2 successive
legislatures, and ratification by the people, before it can become effective.
SJR59,1,5
5Resolved by the senate, the assembly concurring, That:
SJR59, s. 1
6Section
1. Section 1 of article VIII of the constitution is amended to read:
SJR59,2,147
[Article VIII] Section 1. The rule of taxation shall be uniform but the legislature
8may empower cities, villages or towns to collect and return taxes on real estate
9located therein by optional methods. Taxes shall be levied upon such property with
1such classifications as to forests and minerals including or separate or severed from
2the land, as the legislature shall prescribe. Taxation of agricultural land and
3undeveloped land, both as defined by law, need not be uniform with the taxation of
4each other nor with the taxation of other real property. Taxation of merchants'
5stock-in-trade, manufacturers' materials and finished products, and livestock need
6not be uniform with the taxation of real property and other personal property, but
7the taxation of all such merchants' stock-in-trade, manufacturers' materials and
8finished products and livestock shall be uniform, except that the legislature may
9provide that the value thereof shall be determined on an average basis. Taxes may
10also be imposed on incomes, privileges and occupations, which taxes may be
11graduated and progressive, and reasonable exemptions may be provided.
The
12legislature may reduce property taxes imposed upon residential and agricultural
13real property, as defined by law, by authorizing credits against income taxes imposed
14by this state or payments from state revenues.
SJR59,2,17
15Be it further resolved, That this proposed amendment be referred to the
16legislature to be chosen at the next general election and that it be published for 3
17months previous to the time of holding such election.
