SE5 AB1: Bill Text

AB1,19,18 71.26 (1m) (g) Those issued under subch. III of ch. 229.

AB1, s. 44 Section 44. 71.36 (1m) of the statutes, as affected by 1995 Wisconsin Act 27, is amended to read:

AB1,20,15 71.36 (1m) A tax-option corporation may deduct from its net income all amounts included in the Wisconsin adjusted gross income of its shareholders, the capital gain deduction under s. 71.05 (6) (b) 9. and all amounts not taxable to nonresident shareholders under ss. 71.04 (1) and (4) to (9) and 71.362. For purposes of this subsection, interest on federal obligations, obligations issued under ss. 66.40, 66.431 and 66.4325, obligations issued under s. 234.65 to fund an economic development loan to finance construction, renovation or development of property that would be exempt under s. 70.11 (36) and obligations issued under subch. II or III of ch. 229 is not included in shareholders' income. The proportionate share of the net loss of a tax-option corporation shall be attributed and made available to shareholders on a Wisconsin basis but subject to the limitation and carry-over rules as prescribed by section 1366 (d) of the internal revenue code. Net operating losses of the corporation to the extent attributed or made available to a shareholder may not be used by the corporation for further tax benefit. For purposes of computing the Wisconsin adjusted gross income of shareholders, tax-option items shall be reported by the shareholders and those tax-option items, including capital gains and losses, shall retain the character they would have if attributed to the corporation, including their character as business income. In computing the tax liability of a shareholder, no credit against gross tax that would be available to the tax-option corporation if it were a nontax-option corporation may be claimed.

AB1, s. 45 Section 45. 71.45 (1t) (g) of the statutes is created to read:

AB1,20,17 71.45 (1t) (g) Those issued under subch. III of ch. 229.

AB1, s. 46 Section 46. Chapter 77 (title) of the statutes is amended to read:

AB1,21,3 CHAPTER 77 TAXATION OF FOREST CROPLANDS; REAL ESTATE TRANSFER FEES; SALES AND USE TAXES; COUNTY and special district SALES AND USE TAXES; MANAGED FOREST LAND; TEMPORARY RECYCLING SURCHARGE; LOCAL FOOD AND BEVERAGE TAX; LOCAL RENTAL CAR TAX

AB1, s. 47 Section 47. Subchapter V (title) of chapter 77 [precedes 77.70] of the statutes is amended to read:

AB1,21,6 CHAPTER 77

AB1,21,9 SUBCHAPTER V COUNTY and special district SALES AND USE TAXES

AB1, s. 48 Section 48. 77.705 of the statutes is created to read:

AB1,21,16 77.705 Adoption by resolution. A local professional baseball park district created under subch. III of ch. 229, by resolution under s. 229.68 (15), may impose a sales tax and a use tax under this subchapter at a rate of no more than 0.1% of the gross receipts or sales price. Those taxes may be imposed only in their entirety. The resolution shall be effective on the first day of the first month that begins at least 30 days after the adoption of the resolution.

AB1, s. 49 Section 49. 77.71 (intro.) and (1) of the statutes are amended to read:

AB1,21,21 77.71 (title) Imposition of county and special district sales and use taxes. (intro.) Whenever a county sales and use tax ordinance is adopted under s. 77.70 or a special district resolution is adopted under s. 77.705, the following taxes are imposed:

AB1,22,4 (1) For the privilege of selling, leasing or renting tangible personal property and for the privilege of selling, performing or furnishing services a sales tax is imposed upon retailers at the rate of 0.5% in the case of a county tax or at the rate under s. 77.705 in the case of a special district tax of the gross receipts from the sale, lease or rental of tangible personal property, except property taxed under sub. (4), sold, leased or rented at retail in the county or special district or from selling, performing or furnishing services described under s. 77.52 (2) in the county or special district.

AB1, s. 50 Section 50. 77.71 (2) of the statutes, as affected by 1995 Wisconsin Act 27, is amended to read:

AB1,22,18 77.71 (2) An excise tax is imposed at the rate of 0.5% in the case of a county tax or at the rate under s. 77.705 in the case of a special district tax of the sales price upon every person storing, using or otherwise consuming in the county or special district tangible personal property or services if the property or service is subject to the state use tax under s. 77.53, except that a receipt indicating that the tax under sub. (1), (3) or (4) has been paid relieves the buyer of liability for the tax under this subsection and except that if the buyer has paid a similar local tax in another state on a purchase of the same property or services that tax shall be credited against the tax under this subsection and except that for motor vehicles that are used for a purpose in addition to retention, demonstration or display while held for sale in the regular course of business by a dealer the tax under this subsection is imposed not on the sales price but on the amount under s. 77.53 (1m).

AB1, s. 51 Section 51. 77.71 (3) and (4) of the statutes are amended to read:

AB1,23,4 77.71 (3) An excise tax is imposed upon a contractor engaged in construction activities within the county or special district, at the rate of 0.5% in the case of a county tax or at the rate under s. 77.705 in the case of a special district tax of the sales price of tangible personal property that is used in constructing, altering, repairing or improving real property and that becomes a component part of real property in that county or special district, unless the contractor has paid the sales tax of a county in the case of a county tax or of a special district in the case of a special district tax in this state on that property, and except that if the buyer has paid a similar local sales tax in another state on a purchase of the same property that tax shall be credited against the tax under this subsection.

AB1,23,14 (4) An excise tax is imposed at the rate of 0.5% in the case of a county tax or at the rate under s. 77.705 in the case of a special district tax of the sales price upon every person storing, using or otherwise consuming a motor vehicle, boat, snowmobile, mobile home not exceeding 45 feet in length, trailer, semitrailer, all-terrain vehicle or aircraft, if that property must be registered or titled with this state and if that property is to be customarily kept in a county that has in effect an ordinance under s. 77.70 or in a special district that has in effect a resolution under s. 77.705, except that if the buyer has paid a similar local sales tax in another state on a purchase of the same property that tax shall be credited against the tax under this subsection.

AB1, s. 52 Section 52. 77.73 of the statutes is amended to read:

AB1,23,20 77.73 Jurisdiction to tax. (1) Retailers making deliveries in their company-operated vehicles of tangible personal property, or of property on which taxable services were performed, to purchasers in a county or special district are doing business in that county or special district, and that county or special district has jurisdiction to impose the taxes under this subchapter on them.

AB1,24,2 (2) Counties and special districts do not have jurisdiction to impose the tax under s. 77.71 (2) in regard to tangible personal property purchased in a sale that is consummated in another county or special district in this state that does not have in effect an ordinance or resolution imposing the taxes under this subchapter and later brought by the buyer into the county or special district that has imposed a tax under s. 77.71 (2).

AB1, s. 53 Section 53. 77.75 of the statutes is amended to read:

AB1,24,9 77.75 Reports. Every person subject to county or special district sales and use taxes shall, for each reporting period, record that person's sales made in the enacting county or special district that has imposed those taxes separately from sales made elsewhere in this state and report the measure of the county or special district sales and use taxes and the tax due thereon separately to the department of revenue on forms to be provided by the department.

AB1, s. 54 Section 54. 77.76 (1) of the statutes is amended to read:

AB1,24,16 77.76 (1) The department of revenue shall have full power to levy, enforce and collect county and special district sales and use taxes and may take any action, conduct any proceeding, impose interest and penalties and in all respects proceed as it is authorized to proceed for the taxes imposed by subch. III. The department of transportation and the department of natural resources may administer the county and special district sales and use taxes in regard to items under s. 77.61 (1).

AB1, s. 55 Section 55. 77.76 (2) of the statutes is amended to read:

AB1,24,21 77.76 (2) Judicial and administrative review of departmental determinations shall be as provided in subch. III for state sales and use taxes, and no county or special district may intervene in any matter related to the levy, enforcement and collection of the taxes under this subchapter.

AB1, s. 56 Section 56. 77.76 (3m) of the statutes is created to read:

AB1,25,20 77.76 (3m) From the appropriation under s. 20.835 (4) (gb) the department, for the first 2 years of collection, shall distribute 97% of the special district taxes reported for each special district that has imposed taxes under this subchapter, minus the special district portion of the retailers' discounts, to the special district no later than the end of the 3rd month following the end of the calendar quarter in which such amounts were reported. From the appropriation under s. 20.835 (4) (gb) the department, after the first 2 years of collection, shall distribute 98.5% of the special district taxes reported for each special district that has imposed taxes under this subchapter, minus the special district portion of the retailers' discount, to the special district no later than the end of the 3rd month following the end of the calendar quarter in which such amounts were reported. At the time of distribution the department shall indicate the taxes reported by each taxpayer. In this subsection, the "special district portion of the retailers' discount" is the amount determined by multiplying the total retailers' discount by a fraction the numerator of which is the gross special district sales and use taxes payable and the denominator of which is the sum of the gross state and special district sales and use taxes payable. The special district taxes distributed shall be increased or decreased to reflect subsequent refunds, audit adjustments and all other adjustments of the special district taxes previously distributed. Interest paid on refunds of special district sales and use taxes shall be paid from the appropriation under s. 20.835 (4) (gb) at the rate paid by this state under s. 77.60 (1) (a). Any special district receiving a report under this subsection is subject to the duties of confidentiality to which the department of revenue is subject under s. 77.61 (5).

AB1, s. 57 Section 57. 77.77 of the statutes is amended to read:

AB1,26,2 77.77 Transitional provisions. (1) The gross receipts from services subject to the tax under s. 77.52 (2) are not subject to the county taxes under this subchapter, and the incremental amount of tax caused by a rate increase applicable to those services is not due, if those services are billed to the customer and paid for before the effective date of the county ordinance, special district resolution or rate increase, whether the service is furnished to the customer before or after that date.

AB1,26,7 (2) Lease or rental receipts from tangible personal property that the lessor is obligated to furnish at a fixed price under a contract entered into before the effective date of a county ordinance or special district resolution are subject to the county taxes under this subchapter on the effective date of the ordinance or resolution, as provided for the state sales tax under s. 77.54 (18).

AB1,26,17 (3) The sale of building materials to contractors engaged in the business of constructing, altering, repairing or improving real estate for others is not subject to the county taxes under this subchapter, and the incremental amount of tax caused by the rate increase applicable to those materials is not due, if the materials are affixed and made a structural part of real estate, and the amount payable to the contractor is fixed without regard to the costs incurred in performing a written contract that was irrevocably entered into prior to the effective date of the county ordinance, special district resolution or rate increase or that resulted from the acceptance of a formal written bid accompanied by a bond or other performance guaranty that was irrevocably submitted before that date.

AB1, s. 58 Section 58. 77.78 of the statutes is amended to read:

AB1,26,25 77.78 Registration. No motor vehicle, boat, snowmobile, mobile home not exceeding 45 feet in length, trailer, semitrailer, all-terrain vehicle or aircraft that is required to be registered by this state may be registered or titled by this state unless the registrant files a sales and use tax report and pays the county tax and special district tax at the time of registering or titling to the state agency that registers or titles the property. That state agency shall transmit those tax revenues to the department of revenue.

AB1, s. 59 Section 59. 219.09 (1) (c) of the statutes is created to read:

AB1,27,3 219.09 (1) (c) A local professional baseball park district created under subch. III of ch. 229.

AB1, s. 60 Section 60. Subchapter III of chapter 229 [precedes 229.64] of the statutes is created to read:

AB1,27,6 Chapter 229

AB1,27,9 Subchapter III Local professional baseball park districts

AB1,27,19 229.64 Legislative declaration. The legislature determines that the provision of assistance by state agencies to a district under this subchapter, any appropriation of funds to a district under this subchapter and the moral obligation pledge under s. 229.74 (7) serve a statewide public purpose by assisting the development of a professional baseball park in the state for providing recreation, by encouraging economic development and tourism, by reducing unemployment and by bringing needed capital into the state for the benefit and welfare of people throughout the state. The legislature determines that the taxes that may be imposed by a district under subch. V of ch. 77 and under s. 66.75 (1m) (a) are special taxes that are generated apart from any direct annual tax on taxable property.

AB1,27,20 229.65 Definitions. In this subchapter:

AB1,27,25 (1) "Baseball park facilities" means property, tangible or intangible, owned in whole or in substantial part, operated or leased by a district that is principally for professional baseball including parking lots, garages, restaurants, parks, concession facilities, entertainment facilities and transportation facilities, and other functionally related or auxiliary facilities or structures.

AB1,28,2 (2) "Bond" means any bond, note or other obligation issued under s. 66.066 by a district.

AB1,28,6 (3) "Bond resolution" means a resolution of the district board authorizing the issuance of, or providing terms and conditions related to, bonds and includes, where appropriate, any trust agreement, trust indenture, indenture of mortgage or deed of trust providing terms and conditions for bonds.

AB1,28,9 (4) "Chief executive officer" means the county executive of a county or, if the county does not have a county executive, the chairperson of the county board of supervisors.

AB1,28,10 (5) "District" means a special district created under this subchapter.

AB1,28,11 (6) "District board" means the governing board of a district.

AB1,28,16 229.66 Creation and organization. (1) There is created, for each jurisdiction under s. 229.67, a special district that is a local governmental unit, that is a body corporate and politic, that is separate and distinct from, and independent of, the state, that has the powers under s. 229.68 and the name of which includes "Professional Baseball Park District".

AB1,28,19 (2) A district is governed by its district board. The district board may adopt bylaws to govern the district's activities, subject to this subchapter. The district board shall consist of the following members:

AB1,28,21 (a) Four persons appointed by the governor, at least 2 of whom reside within the jurisdiction of the district.

AB1,28,25 (b) One person appointed by the chief executive officer of the more populous county within the jurisdiction of a district, except that in single-county jurisdictions the person under this paragraph shall be appointed by the chief executive officer of that county.

AB1,29,4 (c) One person appointed by the chief executive officer of the less populous county within the jurisdiction of a district, except that in single-county jurisdictions the person under this paragraph shall be appointed by the chief executive officer of that county.

AB1,29,6 (d) One person appointed by the mayor of the most populous city within the jurisdiction of a district.

AB1,29,16 (3) Upon appointment under sub. (2), the appointing authorities shall certify the appointees to the secretary of administration. The terms of office of the persons appointed under sub. (2) shall be 4 years, except that for the initial appointments for a newly created district the initial terms shall expire on July 1 of the 4th year beginning after creation of a district. Persons appointed under sub. (2) may be removed from the district board before the expiration of their terms by the appointing authority but only for cause, as defined in s. 17.16 (2). Vacancies shall be filled by the appointing authority who appointed the person whose office is vacant. A person appointed to fill a vacancy shall serve for the remainder of the term to which he or she is appointed.

AB1,29,21 (4) The district board shall elect from its membership a chairperson, a vice chairperson, a secretary and a treasurer. A majority of the current membership of the district board constitutes a quorum to do business. The district may take action based on the affirmative vote of a majority of those directors who are present at a meeting of the district board.

AB1,29,23 (5) The members of the district board shall be reimbursed for their actual and necessary expenses incurred in the performance of their duties.

AB1,30,3 (6) Upon the appointment and qualification of a majority of the members of a district board, the district board may exercise the powers and duties of a district board under this subchapter.

AB1,30,4 (7) At its first meeting the district board shall name the district.

AB1,30,10 229.67 Jurisdiction. A district's jurisdiction is any county with a population of more than 500,000 and the most populous county that is contiguous to that county, unless the contiguous county is already included in a district, in which case the district's jurisdiction shall consist solely of the county with the population of more than 500,000. Once a county is included in a district's jurisdiction the county remains in the district until the district is dissolved under s. 229.71.

AB1,30,13 229.68 Powers of a district. A district has all of the powers necessary or convenient to carry out the purposes and provisions of this subchapter. In addition to all other powers granted by this subchapter, a district may do all of the following:

AB1,30,14 (1) Adopt and alter an official seal.

AB1,30,15 (2) Sue and be sued in its own name, plead and be impleaded.

AB1,30,16 (3) Maintain an office.

AB1,30,17 (4) In connection with baseball park facilities:

AB1,30,20 (a) Acquire, construct, equip, maintain, improve, operate and manage the baseball park facilities as a revenue-generating enterprise, or engage other persons to do these things.

AB1,30,21 (b) Acquire; lease, as lessor or lessee; use; or transfer property.

AB1,30,22 (c) Improve real property.

AB1,31,2 (d) Enter into contracts, subject to such standards as may be established by the district board. The district board may award any such contract for any combination or division of work it designates and may consider any factors in awarding a contract, including price, time for completion of work and qualifications and past performance of a contractor.

AB1,31,3 (e) Grant concessions.

AB1,31,5 (f) Make a grant of land or other property to the state, especially dedicated by the grant to use for a professional baseball park.

AB1,31,9 (5) Employ personnel, and fix and regulate their compensation; and provide, either directly or subject to an agreement under s. 66.30 as a participant in a benefit plan of another governmental entity, any employe benefits, including an employe pension plan.

AB1,31,12 (6) Purchase insurance, establish and administer a plan of self-insurance or, subject to an agreement with another governmental entity under s. 66.30, participate in a governmental plan of insurance or self-insurance.

AB1,31,13 (7) Mortgage, pledge or otherwise encumber the district's property or funds.

AB1,31,18 (8) Issue revenue bonds under s. 66.066, subject to ss. 229.72 to 229.79, and enter into agreements related to the issuance of bonds, including liquidity and credit facilities, remarketing agreements, insurance policies, guaranty agreements, letter of credit or reimbursement agreements, indexing agreements, interest exchange agreements and currency exchange agreements.

AB1,31,20 (9) Maintain funds and invest the funds in any investment that the district board considers appropriate.

AB1,31,22 (11) Promote, advertise and publicize its baseball park facilities and related activities.

AB1,31,25 (12) Set standards governing the use of, and the conduct within, its baseball park facilities in order to promote public safety and convenience and to maintain order.

AB1,32,3 (13) Establish and collect fees, and establish shared revenue arrangements or other charges for the use of its baseball park facilities or for services rendered by the district.

AB1,32,5 (14) Enter into partnerships, joint ventures, common ownership or other arrangements with other persons to further the district's purposes.

AB1,32,10 (15) Impose, by the adoption of a resolution, the taxes under s. 66.75 (1m) (a) and (em) and subch. V of ch. 77. A district may not levy any taxes that are not expressly authorized under s. 66.75 (1m) (a) and (em) and subch. V of ch. 77. If a district adopts a resolution which imposes taxes, it shall deliver a certified copy of the resolution to the secretary of revenue at least 30 days before its effective date.

AB1,32,11 (16) Accept gifts, loans and other aid.

AB1,32,13 (17) Administer the receipt of revenues, and oversee the payment of bonds issued by the district.

AB1,32,17 229.685 Special fund tax revenues. The district board shall maintain a special fund into which it deposits only the revenue received from the department of revenue, that is derived from the taxes imposed under subch. V of ch. 77, and may use this revenue only for purposes related to baseball park facilities.

AB1,32,20 229.69 Powers granted to a city or a county in a district. In addition to any powers that it may otherwise have, a county within a district's jurisdiction may do any of the following:

AB1,32,22 (1) Make grants or loans to a district upon terms that the city or county considers appropriate.

AB1,32,23 (2) Expend public funds to subsidize a district.