LRB-2781/3
JK&MES:amn/wlj/jld
2015 - 2016 LEGISLATURE
September 9, 2015 - Introduced by Senators Lasee and Marklein, cosponsored by
Representatives Kitchens and Tranel. Referred to Committee on
Government Operations and Consumer Protection.
SB252,1,3 1An Act to amend 79.04 (5) (a) (intro.) and 79.04 (5) (b) (intro.) of the statutes;
2relating to: utility aid payments for decommissioned or closed production
3plants.
Analysis by the Legislative Reference Bureau
This bill provides that if a production plant that is exempt from property taxes
is decommissioned or closed, and therefore becomes taxable, the county and
municipality where the plant is located receive a utility aid payment for the first five
years in which the plant is subject to the property tax in an amount equal to a
percentage of the utility aid payment that the county or municipality received for the
last year in which the plant was exempt.
Under current law, the amount that a county and municipality receive as a
utility aid payment for a decommissioned plant is reduced by the amount of property
taxes that the plant owner paid during the year in which the county and municipality
receive the payment.
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:
SB252,1 4Section 1. 79.04 (5) (a) (intro.) of the statutes is amended to read:
SB252,2,11
179.04 (5) (a) (intro.) Beginning with the distributions in 2005, if If property that
2was exempt from the property tax under s. 70.112 (4) and that was used to generate
3power by a light, heat, or power company, except property under s. 66.0813, unless
4the production plant is owned or operated by a local governmental unit located
5outside of the municipality, or by an electric cooperative, or by a municipal electric
6company under s. 66.0825, is decommissioned or closed, the municipality shall be
7paid, from the public utility account, an amount calculated by subtracting an amount
8equal to the property taxes paid for that property during the current year to the
9municipality for its general operations from
equal to the following percentages of the
10payment that the municipality received under this section during the last year that
11the property was exempt from the property tax:
SB252,2 12Section 2. 79.04 (5) (b) (intro.) of the statutes is amended to read:
SB252,2,2313 79.04 (5) (b) (intro.) Beginning with the distributions in 2005, if If property that
14was exempt from the property tax under s. 70.112 (4) and that was used to generate
15power by a light, heat, or power company, except property under s. 66.0813, unless
16the production plant is owned or operated by a local governmental unit located
17outside of the municipality, or by an electric cooperative, or by a municipal electric
18company under s. 66.0825, is decommissioned or closed, the county shall be paid,
19from the public utility account, an amount calculated by subtracting an amount
20equal to the property taxes paid for that property during the current year to the
21county for its general operations from
equal to the following percentages of the
22payment the county received under this section during the last year that the property
23was exempt from the property tax:
SB252,3 24Section 3. Initial applicability.
SB252,3,1
1(1) This act first applies to distributions in 2015.
SB252,3,22 (End)
Loading...
Loading...