OC9 AB1: Bill Text

AB1,5,8 2. If the couple's or head of household's 1998 Wisconsin adjusted gross income is more than $25,000 but not more than $50,000, $345.

AB1,5,10 3. If the couple's or head of household's 1998 Wisconsin adjusted gross income is more than $50,000 but not more than $75,000, $362.

AB1,5,12 4. If the couple's or head of household's 1998 Wisconsin adjusted gross income is more than $75,000 but not more than $100,000, $380.

AB1,5,14 5. If the couple's or head of household's 1998 Wisconsin adjusted gross income is more than $100,000 but not more than $200,000, $414.

AB1,5,16 6. If the couple's or head of household's1998 Wisconsin adjusted gross income is more than $200,000 but not more than $500,000, $457.

AB1,5,18 7. If the couple's or head of household's1998 Wisconsin adjusted gross income is more than $500,000, $500.

AB1,5,22 (b) A claimant who is a resident and single and filed a 1998 Wisconsin income tax return or 1998 homestead credit claim, or who is a resident and married and filed a separate 1998 Wisconsin income tax return, shall be eligible for a rebate in one of the following amounts:

AB1,5,24 1. If the individual's 1998 Wisconsin adjusted gross income is not more than $25,000, $190.

AB1,6,2 2. If the individual's 1998 Wisconsin adjusted gross income is more than $25,000 but not more than $50,000, $198.

AB1,6,4 3. If the individual's 1998 Wisconsin adjusted gross income is more than $50,000 but not more than $75,000, $216.

AB1,6,6 4. If the individual's 1998 Wisconsin adjusted gross income is more than $75,000 but not more than $100,000, $233.

AB1,6,8 5. If the individual's 1998 Wisconsin adjusted gross income is more than $100,000 but not more than $200,000, $267.

AB1,6,10 6. If the individual's 1998 Wisconsin adjusted gross income is more than $200,000 but not more than $500,000, $311.

AB1,6,12 7. If the individual's 1998 Wisconsin adjusted gross income is more than $500,000, $354.

AB1,6,15 (c) A claimant who files a form specified in sub. (3) (b) shall be eligible for a rebate in an amount specified in par. (a) 1. or (b) 1., depending on the individual's filing status.

AB1,6,18 (d) A claimant to whom sub. (3) (c) applies shall be eligible for a rebate in an amount specified in par. (a) or (b), depending on the individual's filing status and Wisconsin adjusted gross income.

AB1,6,21 (e) A claimant who files a form specified in sub. (3) (d) shall be eligible for a rebate in an amount specified in par. (a) 1. or (b) 1., depending on the individual's filing status.

AB1,6,24 (f) A claimant under sub. (3) (e) shall be eligible for a rebate that is equal to 30.4% of documented sales taxes paid to Wisconsin in 1998, up to a maximum rebate of $354.

AB1,7,3 (5) Limitations and conditions. (a) The department may not consider any adjustments or amendments made to a 1998 Wisconsin income tax return after October 15, 1999, in its calculation of a rebate under this section.

AB1,7,6 (b) With regard to a married couple for whom an offset under s. 71.80 (3) or (3m) must be made against a debt that is owed by only one of the spouses, each spouse shall be considered by the department to have a 50% ownership interest in the rebate.

AB1,7,9 (c) If an individual who is eligible for a rebate under sub. (3) filed only a 1998 homestead credit claim, the department shall calculate the individual's rebate as if the individual's Wisconsin adjusted gross income is $25,000.

AB1,7,12 (d) An individual who was claimed as a dependent on another individual's 1998 federal income tax return is not eligible to claim or receive a rebate under this section.

AB1,7,14 (e) Section 71.80 (3) and (3m), as it applies to income tax refunds, applies to a sales tax rebate under this section.

AB1,7,19 (f) The department may enforce the rebate under this section and may take any action, conduct any proceeding and proceed as it is authorized in respect to taxes under chapter 71. The income tax provisions in chapter 71 relating to assessments, refunds, appeals, collection, interest and penalties apply to the rebate under this section.

AB1,7,22 (g) After a rebate has been issued under sub. (2) but before the check, share draft or other draft has been cashed, either joint claimant may request a separate check, share draft or other draft for 50% of the joint rebate.

AB1,8,3 (h) If the department is unable to locate an individual or married couple who is eligible to receive a rebate under sub. (2) by December 31, 2000, or, notwithstanding ss. 14.58 (12) and 20.912 (1) and notwithstanding s. 20.912 (2) and (3), as affected by 1999 Wisconsin Act 9, if an individual or married couple who is issued a check, share draft or other draft and does not cash the check, share draft or other draft by December 31, 2000, the right to the rebate lapses.

AB1,8,7 (i) If a claimant who was a resident and who filed a 1998 Wisconsin income tax return or 1998 homestead credit claim becomes deceased after he or she filed his or her income tax return or homestead credit claim, the amount of the rebate for which the claimant is eligible shall be paid to the claimant's estate.

AB1,8,8 (6) Sunset. This section does not apply after December 31, 2000.

AB1, s. 5 Section 5. 1999 Wisconsin Act 9, section 9143 (3g) is repealed.

AB1, s. 6 Section 6. Appropriation changes; revenue.

AB1,8,14 (1) In the schedule under section 20.005 (3) of the statutes for the appropriation to the department of revenue under section 20.566 (1) (a) of the statutes, as affected by the acts of 1999, the dollar amount is increased by $2,357,500 for fiscal year 1999-00 to increase funding for the purposes for which the appropriation is made.

AB1,8,15 (End)