LRBa0508/1
KSH&JS:mfd:hmh
1997 - 1998 LEGISLATURE
ASSEMBLY AMENDMENT 1,
TO 1997 ASSEMBLY BILL 134
May 27, 1997 - Offered by Representative Hahn.
AB134-AA1,1,7
7"(d) The ethanol shall be manufactured from corn.".
AB134-AA1,1,11
9"(a) The department shall allocate an amount of money to each computation
10period equal to the lesser of $500,000 or the amount collected from the tax under
11subch. X of ch. 77 during that calendar quarter.".
AB134-AA1,2,5
3"20.505
(1) (gm)
Ethanol production incentive program. All moneys received
4from the tax under subch. X of ch. 77 for the purpose of making incentive payments
5under the ethanol production incentive program under s. 16.957.
AB134-AA1, s. 4
6Section 4. Chapter 77 (title) of the statutes is amended to read:
AB134-AA1,2,158
TAXATION OF FOREST CROPLANDS;
9
REAL ESTATE TRANSFER FEES;
10
SALES AND USE TAXES; COUNTY
11
AND SPECIAL DISTRICT SALES AND
12
USE TAXES; MANAGED FOREST LAND;
13
TEMPORARY RECYCLING SURCHARGE;
14
LOCAL FOOD AND BEVERAGE TAX;
15
LOCAL RENTAL CAR TAX
; CORN TAX
AB134-AA1, s. 5
16Section 5. Subchapter X of chapter 77 [precedes 77.995] of the statutes is
17created to read:
AB134-AA1,2,2019
Subchapter X
20
corn tax
AB134-AA1,2,23
2177.995 Imposition. There is imposed a tax at the rate of 0.5 cents per bushel
22on every person who sells corn, for resale, for grain. The tax under this section is
23imposed only on the first such sale in this state.
AB134-AA1,3,4
177.9951 Administration. (1) The buyer shall collect from the seller the tax
2that is due under s. 77.995 and, on or before January 15, April 15, July 15 and
3October 15, send to the department of revenue the taxes collected during the previous
43 months and a completed form that the department of revenue prescribes.
AB134-AA1,3,7
5(2) Sections 77.59 (1) to (3m), (4) (a) and (5) to (10), 77.60 (1) to (7) and (9) to
6(12), 77.61 (5), (8), (9) and (12) to (14) and 77.62 as they apply to the taxes under
7subch. III apply to the tax under this subchapter.
AB134-AA1,3,109
(1) This act takes effect on the first day of the 3rd month beginning after
10publication.".