LRB-0337/1
JS:skg:kaf
1995 - 1996 LEGISLATURE
March 8, 1995 - Introduced by Senators Petak and
Drzewiecki, cosponsored by
Representatives Ladwig, Plache, Porter, Ott, Silbaugh, Hahn, Grothman
and Seratti. Referred to Committee on State Government Operations and
Corrections.
SB99,1,2
1An Act to amend 74.42 (1) of the statutes;
relating to: the charge-back of
2personal property taxes.
Analysis by the Legislative Reference Bureau
Under current law, taxation district treasurers must charge back delinquent
personal property taxes to the other taxing jurisdictions in the district between
February 2 and February 14. Under this bill, the treasurers must charge back those
taxes between February 2 and the last day of February.
For further information see the 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:
SB99, s. 1
3Section
1. 74.42 (1) of the statutes is amended to read:
SB99,2,44
74.42
(1) Charge back. No earlier than February 2 and no later than
February
514 the last day of February, the taxation district treasurer may charge back to each
6taxing jurisdiction within the taxation district, except this state, its proportionate
7share of those personal property taxes for which the taxation district settled in full
8the previous February, which were delinquent at the time of settlement, which have
9not been collected in the intervening year and which remain delinquent. At the same
10time, if there are charge-backs, the taxation district treasurer shall charge back to
1the county the state's proportionate share of those taxes. Within 30 days after receipt
2of a notice of a charge-back, the taxing jurisdiction shall pay to the taxation district
3treasurer the amount due, and the state shall pay to the proper county treasurer the
4amount due.
SB99,2,6
6(1)
This act takes effect on the February 1 after publication.
