LRB-4075/1
JK:kjf:jf
2007 - 2008 LEGISLATURE
February 15, 2008 - Introduced by Senator Plale, cosponsored by Representative
Honadel. Referred to Committee on Tax Fairness and Family Prosperity.
SB491,1,3 1An Act to affect 2007 Wisconsin Act 20, section 9141 (1f); relating to:
2eliminating the study related to imposing local general property taxes on public
3utility property.
Analysis by the Legislative Reference Bureau
Under current law, no later than December 31, 2008, the Department of
Revenue (DOR) must convene a study group to assess the feasibility of imposing local
general property taxes on all property, other than production plants, of electric
cooperatives, municipal utilities, and light, heat, and power companies and report
its findings to the legislature no later than May 1, 2009. Under current law,
generally, the property of a public utility is not subject to local general property taxes.
This bill eliminates the requirement that DOR convene the study group.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SB491, s. 1 4Section 1. 2007 Wisconsin Act 20, section 9141 (1f) is repealed.
SB491,1,55 (End)
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