AB901: Bill Text

LRB-2104/2

JK:jld:md

2009 - 2010 LEGISLATURE

2009 Assembly BILL 901

March 26, 2010 - Introduced by Representatives Sinicki, Hixson, Garthwaite, Smith, Berceau, Young, Zigmunt, Staskunas, Mason and A. Williams, cosponsored by Senator Lehman, by request of James Zanitalo. Referred to Committee on Education.

AB901,1,2 An Act to create 77.54 (58) of the statutes; relating to: a sales and use tax exemption for textbooks.

Analysis by the Legislative Reference Bureau

This bill creates a sales and use tax exemption for textbooks that are required for a course offered by a high school, university, college, technical college, or other postsecondary school, located in this state, and used by a student enrolled in the course.

Because this bill relates to an exemption from state or local taxes, it may be referred to the Joint Survey Committee on Tax Exemptions for a report to be printed as an appendix to the 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:

AB901, s. 1 Section 1. 77.54 (58) of the statutes is created to read:

AB901,2,2 77.54 (58) The sales price from the sale of and the storage, use, or other consumption of textbooks that are required for a course offered by a high school, university, college, technical college, or school approved under s. 38.50 (7), located in this state, and that are used by a student enrolled in the course.

AB901, s. 2 Section 2. Effective date.

AB901,2,4 (1) This act takes effect on July 1, 2011.

AB901,2,5 (End)