AB666: Bill Text

LRB-3510/1

JK:jld:jm

2011 - 2012 LEGISLATURE

2011 Assembly BILL 666

March 6, 2012 - Introduced by Representatives Kleefisch, Spanbauer, Jacque, Nerison, Ziegelbauer, Bies, Brooks, Doyle, Thiesfeldt, Petryk, Radcliffe, Turner, Jorgensen, Zepnick, Knilans, Strachota, Kooyenga, Meyer, T. Larson, Endsley, Petrowski and Rivard, cosponsored by Senators Grothman, Holperin, Lasee, Kedzie, T. Cullen, Schultz and Hansen. Referred to Committee on Ways and Means. Referred to Joint Survey Committee on Tax Exemptions.

AB666,1,3 An Act to create 70.111 (25m) and 77.54 (23n) of the statutes; relating to: sales and property tax exemptions for property used by commercial radio and television stations.

Analysis by the Legislative Reference Bureau

Under current law, digital broadcasting equipment owned and used by a radio or television station is exempt from personal property taxes. In addition, the sale of radio and television programs, including related advertising, is exempt from the sales and use tax.

This bill provides a property tax exemption for the personal property of a commercial radio or television station that is used in the origination or integration of various sources of program material for commercial radio or television transmissions that are free to receive. The bill also creates a sales and use tax exemption for the equipment that is sold to a person who is licensed to operate a commercial radio or television station in this state, if the equipment is used in the origination or integration of various sources of program material for commercial radio or television transmissions that are free to receive.

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:

AB666, s. 1 Section 1. 70.111 (25m) of the statutes is created to read:

AB666,2,9 70.111 (25m) Commercial radio and television station property. Personal property of a commercial radio or television station that is used in the origination or integration of various sources of program material for commercial radio or television transmissions that are free to receive, including transmitters, towers, vehicles licensed for highway use, and personal property used to transmit or receive signals from a satellite. The exemption under this subsection applies to the property described in this subsection regardless of whether the property is considered personal property or is so affixed to real property as to be classified as real property.

AB666, s. 2 Section 2. 77.54 (23n) of the statutes is created to read:

AB666,2,18 77.54 (23n) The sales price from the sales of and the storage, use, or other consumption of tangible personal property and property and goods under s. 77.52 (1) (c) or (d) to a person who is licensed to operate a commercial radio or television station in this state, if the tangible personal property or property or goods under s. 77.52 (1) (c) or (d) is used in, or is fuel or electricity consumed in, the origination or integration of various sources of program material for commercial radio or television transmissions that are free to receive. This subsection applies to vehicles licensed for highway use and equipment used to transmit or receive signals from a satellite.

AB666, s. 3 Section 3. Initial applicability.

AB666,2,21 (1) The treatment of section 70.111 (25m) of the statutes first applies to the property tax assessments as of January 1, 2012.

AB666, s. 4 Section 4. Effective dates. This act takes effect on the day after publication, except as follows:

AB666,3,4 (1) The treatment of section 77.54 (23n) of the statutes takes effect on the first day of the 3rd month beginning after publication.

AB666,3,5 (End)