LRB-4667/1
JS:skg&kaf:kat
1995 - 1996 LEGISLATURE
March 19, 1996 - Introduced by Representatives Seratti, Silbaugh and Grothman,
cosponsored by Senators Zien and Breske. Referred to Joint survey committee
on Tax Exemptions.
AB1053,1,2
1An Act to amend 77.54 (5) (b) of the statutes;
relating to: the sales tax and use
2tax exemption for motor vehicles.
Analysis by the Legislative Reference Bureau
Under current law, motor vehicles and accessories, attachments, parts,
supplies and materials for them are exempt from the sales tax and the use tax if they
are sold to common or contract carriers that use the vehicles exclusively as common
or contract carriers. Under this bill, those exemptions also apply if common or
contract carriers also use the vehicle to haul raw forest products for their own
business and if the vehicle can carry at least 80,000 pounds.
This bill will be referred to the joint survey committee on tax exemptions for a
detailed analysis, which will be printed as an appendix to this 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:
AB1053, s. 1
3Section
1. 77.54 (5) (b) of the statutes is amended to read:
AB1053,2,34
77.54
(5) (b) Motor trucks, truck tractors, road tractors, buses, trailers and
5semitrailers, and accessories, attachments, parts, supplies and materials therefor,
6sold to common or contract carriers who use such motor trucks, truck tractors, road
7tractors, buses, trailers and semitrailers
exclusively as common or contract carriers
8and as haulers of raw forest products, as defined in s. 348.01 (2) (bt), for their own
1business if the vehicle can carry a load of at least 80,000 pounds or exclusively as
2common or contract carriers, including the urban mass transportation of passengers
3as defined in s. 71.38.
AB1053,2,65
(1)
This act takes effect on the first day of the 2nd month beginning after
6publication.
