LRB-0637/1
JK:jld:rs
2009 - 2010 LEGISLATURE
November 10, 2009 - Introduced by Law Revision Committee. Referred to
Committee on Agriculture.
AB563,1,4
1An Act to repeal 70.32 (2r) (a) and (b); and
to renumber and amend 70.32 (2r)
2(c) of the statutes;
relating to: eliminating obsolete provisions related to the
3use value assessment of agricultural land (suggested as remedial legislation by
4the Department of Revenue).
Analysis by the Legislative Reference Bureau
Under current law, for property tax purposes, the assessed value of agricultural
land is determined according to the income that could be generated from renting the
land for agricultural use. This bill eliminates provisions related to the assessment
of agricultural land that are no longer in effect.
For further information, see the Notes provided by the Law Revision
Committee of the Joint Legislative Council.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
Law Revision Committee prefatory note: This bill is a remedial legislation
proposal, requested by the Department of Revenue and introduced by the Law Revision
Committee under s. 13.83 (1) (c) 4. and 5., stats. After careful consideration of the various
provisions of the bill, the Law Revision Committee has determined that this bill makes
nonsubstantive changes in the statutes, and that these changes are desirable as a matter
of public policy.
AB563, s. 1
1Section
1
. 70.32 (2r) (a) and (b) of the statutes are repealed.
Note: Repeals obsolete provisions governing the determination of assessed values
for agricultural land during the phase-in period for use value assessment. The repealed
provisions contemplated a 10-year phase-in of use value assessment through 2008 (an
abbreviated phase-in period was established by administrative rule in 2000). Statutory
references to the phase-in period through 2008 are thus now obsolete. The Department
of Revenue indicates elimination of these provisions will have no administrative or fiscal
effect on the department and no effect on property tax assessments practices in
Wisconsin.
AB563, s. 2
2Section
2. 70.32 (2r) (c) of the statutes is renumbered 70.32 (2r) and amended
3to read:
AB563,2,74
70.32
(2r) For the assessment as of the January 1 after the valuation method
5under par. (b) no longer applies and for each assessment thereafter, agricultural 6Agricultural land shall be assessed according to the income that could be generated
7from its rental for agricultural use.
Note: See the Note to Section 1, above.
