LRB-4049/1
JK:jld:rs
2003 - 2004 LEGISLATURE
March 11, 2004 - Introduced by Representatives Townsend, Ainsworth, Bies,
Gronemus, Gunderson, Hahn, Kestell, Loeffelholz, McCormick, Olsen,
Ott and Underheim, cosponsored by Senator Roessler. Referred to Joint
Survey Committee on Tax Exemptions.
AB951,1,3
1An Act to amend 70.11 (20) (a) of the statutes;
relating to: expanding the
2property tax exemption for property held in trust for the public interest to
3include activities related to improving or stabilizing fish populations.
Analysis by the Legislative Reference Bureau
Under current law, property that is owned by, or held in trust for, a nonprofit
organization and used to preserve native wild plant or native wild animal life, Indian
mounds or other works of ancient persons, or geological or geographical formations
of scientific interest is exempt from property taxes. Under this bill property that is
owned by, or held in trust for, a nonprofit organization and used for activities that
may improve or stabilize fish populations is exempt from property taxes.
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:
AB951, s. 1
4Section
1. 70.11 (20) (a) of the statutes is amended to read:
AB951,2,65
70.11
(20) (a) The property is used to preserve native wild plant or native wild
6animal life, Indian mounds or other works of ancient persons or geological or
1geographical formations of scientific interest
; or the property is used for activities
2that may improve or stabilize fish populations, including improving habitat and
3water quality, constructing or improving spawning areas, spawning protection, fish
4stocking, research and studies related to fish populations, promoting selective
5harvesting or catch-and-release, managing aquatic ecosystems, and education and
6public awareness regarding state fish populations.
AB951,2,88
(1) This act first applies to the property tax assessments as of January 1, 2004.
