SB55-ASA1, s. 1210 11Section 1210. 73.01 (5) (a) of the statutes is amended to read:
SB55-ASA1,836,2112 73.01 (5) (a) Any person who is aggrieved by a determination of the state board
13of assessors under s. 70.995 (8) or by the department of revenue under s. 70.11 (21)
14or who has filed a petition for redetermination with the department of revenue and
15who is aggrieved by the redetermination of the department of revenue may, within
1660 days of the determination of the state board of assessors or of the department of
17revenue or, in all other cases, within 60 days after the redetermination but not
18thereafter, file with the clerk of the commission a petition for review of the action of
19the department of revenue and the number of copies of the petition required by rule
20adopted by the commission. Any person who is aggrieved by a determination of the
21department of transportation under s. 341.405 or 341.45 may, within 30 days after
22the determination of the department of transportation, file with the clerk of the
23commission a petition for review of the action of the department of transportation
24and the number of copies of the petition required by rule adopted by the commission.
25If a municipality appeals, its appeal shall set forth that the appeal has been

1authorized by an order or resolution of its governing body and the appeal shall be
2verified by a member of that governing body as pleadings in courts of record are
3verified. The clerk of the commission shall transmit one copy to the department of
4revenue, or to the department of transportation, and to each party. In the case of
5appeals from manufacturing property assessments, the person assessed shall be a
6party to a proceeding initiated by a municipality. At the time of filing the petition,
7the petitioner shall pay to the commission a $25 filing fee. The commission shall
8deposit the fee in the general fund. Within 30 days after such transmission the
9department of revenue, except for petitions objecting to manufacturing property
10assessments, or the department of transportation, shall file with the clerk of the
11commission an original and the number of copies of an answer to the petition
12required by rule adopted by the commission and shall serve one copy on the petitioner
13or the petitioner's attorney or agent. Within 30 days after service of the answer, the
14petitioner may file and serve a reply in the same manner as the petition is filed. Any
15person entitled to be heard by the commission under s. 76.38 (12) (a), 1993 stats., or
16s. 76.39 (4) (c), 76.48, or 76.91 may file a petition with the commission within the time
17and in the manner provided for the filing of petitions in income or franchise tax cases.
18Such papers may be served as a circuit court summons is served or by certified mail.
19For the purposes of this subsection, a petition for review is considered timely filed
20if mailed by certified mail in a properly addressed envelope, with postage duly
21prepaid, which envelope is postmarked before midnight of the last day for filing.
SB55-ASA1, s. 1211 22Section 1211. 73.03 (35) of the statutes is amended to read:
SB55-ASA1,837,423 73.03 (35) To deny a portion of a credit claimed under s. 71.07 (2dd), (2de), (2di),
24(2dj), (2dL), (2dm), (2dr), (2ds) or (2dx), 71.28 (1dd), (1de), (1di), (1dj), (1dm), (1dL),
25(1ds), (1dx), or (4) (am) or 71.47 (1dd), (1de), (1di), (1dj), (1dL), (1dm), (1ds), (1dx), or

1(4) (am) if granting the full amount claimed would violate a requirement under s.
2560.785 or would bring the total of the credits granted to that claimant under all of
3those subsections over the limit for that claimant under s. 560.768, 560.795 (2) (b),
4or 560.797 (5) (b).
SB55-ASA1, s. 1212 5Section 1212. 73.03 (35m) of the statutes is created to read:
SB55-ASA1,837,96 73.03 (35m) To deny a portion of a credit claimed under s. 71.07 (3g), 71.28 (3g),
7or 71.47 (3g), if granting the full amount claimed would violate a requirement under
8s. 560.96 or would bring the total of the credits claimed under ss. 71.07 (3g), 71.28
9(3g), and 71.47 (3g) over the limit for all claimants under s. 560.96 (2).
SB55-ASA1, s. 2204m 10Section 2204m. 73.03 (46) of the statutes is repealed.
SB55-ASA1, s. 1213 11Section 1213. 73.03 (52m) of the statutes is created to read:
SB55-ASA1,837,1512 73.03 (52m) To enter into agreements with other states that provide for
13offsetting state tax refunds against tax obligations of other states and offsetting tax
14refunds of other states against state tax obligations, if the agreements provide that
15setoffs under ss. 71.93 and 71.935 occur before the setoffs under those agreements.
SB55-ASA1, s. 2205m 16Section 2205m. 73.03 (56) of the statutes is created to read:
SB55-ASA1,837,1817 73.03 (56) To work with the Internal Revenue Service and the University of
18Wisconsin-Extension to undertake a program that accomplishes all of the following:
SB55-ASA1,837,2019 (a) Promotes volunteering among the state's financial and legal professionals
20in the volunteer income tax assistance program.
SB55-ASA1,837,2121 (b) Provides training for the volunteers.
SB55-ASA1,837,2422 (c) Assists in the creation of mobile sites that offer assistance to individuals who
23are eligible to participate in the volunteer income tax assistance program and who
24reside in rural and underserved areas.
SB55-ASA1, s. 1214 25Section 1214. 73.0305 of the statutes is amended to read:
SB55-ASA1,838,7
173.0305 Revenue limits and intradistrict transfer aid calculations. The
2department of revenue shall annually determine and certify to the state
3superintendent of public instruction, no later than the 4th Monday in June, the
4allowable rate of increase under s. 121.85 (6) (ar) and subch. VII of ch. 121. The
5allowable rate of increase is the percentage change in the consumer price index for
6all urban consumers, U.S. city average, between the preceding March 31 and the 2nd
7preceding March 31, as computed by the federal department of labor.
SB55-ASA1, s. 1215 8Section 1215. 74.23 (1) (a) 2. of the statutes is amended to read:
SB55-ASA1,838,129 74.23 (1) (a) 2. Pay to the proper treasurer all collections of special
10assessments, special charges and special taxes, except that occupational taxes under
11ss. 70.40 to 70.425 70.421 and forest cropland, woodland and managed forest land
12taxes under ch. 77 shall be settled for under s. 74.25 (1) (a) 1. to 8.
SB55-ASA1, s. 1216 13Section 1216. 74.23 (1) (a) 5. of the statutes is created to read:
SB55-ASA1,838,1514 74.23 (1) (a) 5. Pay to each taxing jurisdiction within the district its
15proportionate share of the taxes and interest under s. 70.995 (12) (a).
SB55-ASA1, s. 1217 16Section 1217. 74.25 (1) (a) 2. of the statutes is amended to read:
SB55-ASA1,838,2017 74.25 (1) (a) 2. Pay to the proper treasurer all collections of special
18assessments, special charges and special taxes, except that occupational taxes under
19ss. 70.40 to 70.425 70.421 and forest cropland, woodland and managed forest land
20taxes under ch. 77 shall be settled for under subds. 5. to 8.
SB55-ASA1, s. 1218 21Section 1218. 74.25 (1) (a) 3. of the statutes is amended to read:
SB55-ASA1,838,2522 74.25 (1) (a) 3. Retain all collections of special assessments, special charges and
23special taxes due to the taxation district, except that occupational taxes under ss.
2470.40 to 70.425 70.421 and forest cropland, woodland and managed forest land taxes
25under ch. 77 shall be settled for under subds. 5. to 8.
SB55-ASA1, s. 1219
1Section 1219. 74.25 (1) (a) 4m. of the statutes is created to read:
SB55-ASA1,839,32 74.25 (1) (a) 4m. Pay to each taxing jurisdiction within the district its
3proportionate share of the taxes and interest under s. 70.995 (12) (a).
SB55-ASA1, s. 1220 4Section 1220. 74.30 (1) (b) of the statutes is amended to read:
SB55-ASA1,839,85 74.30 (1) (b) Pay to the proper treasurer all collections of special assessments,
6special charges and special taxes, except that occupational taxes under ss. 70.40 to
770.425 70.421 and forest cropland, woodland and managed forest land taxes under
8ch. 77 shall be settled for under pars. (e) to (h).
SB55-ASA1, s. 1221 9Section 1221. 74.30 (1) (c) of the statutes is amended to read:
SB55-ASA1,839,1310 74.30 (1) (c) Retain all collections of special assessments, special charges and
11special taxes due to the taxation district, except that occupational taxes under ss.
1270.40 to 70.425 70.421 and forest cropland, woodland and managed forest land taxes
13under ch. 77 shall be settled for under pars. (e) to (h).
SB55-ASA1, s. 1222 14Section 1222. 74.30 (1) (dm) of the statutes is created to read:
SB55-ASA1,839,1615 74.30 (1) (dm) Pay to each taxing jurisdiction within the district its
16proportionate share of the taxes and interest under s. 70.995 (12) (a).
SB55-ASA1, s. 1223 17Section 1223. 74.41 (1) (d) of the statutes is created to read:
SB55-ASA1,839,1818 74.41 (1) (d) Have been corrected under s. 70.73 (1m).
SB55-ASA1, s. 1224 19Section 1224. 76.02 (1) of the statutes is amended to read:
SB55-ASA1,839,2520 76.02 (1) "Air carrier company" means any person engaged in the business of
21transportation in aircraft of persons or property for hire on regularly scheduled
22flights, except an air carrier company whose property is exempt from taxation under
23s. 70.11 (42) (b)
. In this subsection, "aircraft" means a completely equipped operating
24unit, including spare flight equipment, used as a means of conveyance in air
25commerce.
SB55-ASA1, s. 1225
1Section 1225. 76.28 (1) (f) of the statutes is amended to read:
SB55-ASA1,840,202 76.28 (1) (f) "Payroll factor" means a fraction the numerator of which is the total
3amount paid in this state during the tax period by the taxpayer for compensation and
4the denominator of which is the total compensation paid everywhere during the tax
5period, except that compensation solely related to the production of nonoperating
6revenues shall be excluded from the numerator and denominator of the payroll factor
7and except that compensation related to the production of both operating and
8nonoperating revenue shall be partially excluded from the numerator and
9denominator of the payroll factor so as to exclude as near as possible the portion of
10compensation related to the production of nonoperating revenue. Compensation is
11paid in this state if the individual's service is performed entirely within this state,
12or if the individual's service is performed both within and outside this state but the
13service performed outside this state is incidental to the individual's service within
14this state, or if some of the service is performed in this state and the base of operations
15or, if there is no base of operations, the place from which the service is directed or
16controlled is in this state or the base of operations or the place from which the service
17is directed or controlled is not in any state in which part of the service is performed
18and the individual's residence is in this state. In this paragraph, "compensation"
19includes management and service fees paid to an affiliated service corporation
20pursuant to 15 USC 79.
SB55-ASA1, s. 2234m 21Section 2234m. 76.28 (1) (gm) of the statutes is renumbered 76.28 (1) (gm)
22(intro.) and amended to read:
SB55-ASA1,840,2423 76.28 (1) (gm) (intro.) "Qualified wholesale electric company" means any all of
24the following:
SB55-ASA1,841,6
11. Any person that owns or operates facilities for the generation and sale of
2electricity to a public utility, as defined in s. 196.01 (5), or to any other entity that sells
3electricity directly to the public, except that "qualified wholesale electric company"
4does not include any person that sells less than 95% of its net production of electricity
5or that does not own, operate, or control electric generating facilities that have a total
6power production capacity of at least 50 megawatts.
SB55-ASA1, s. 2234n 7Section 2234n. 76.28 (1) (gm) 2. of the statutes is created to read:
SB55-ASA1,841,98 76.28 (1) (gm) 2. A wholesale merchant plant, as defined in s. 196.491 (1) (w),
9that has a total power production capacity of at least 50 megawatts.
SB55-ASA1, s. 1226 10Section 1226. 76.28 (2) (a) of the statutes is amended to read:
SB55-ASA1,841,2011 76.28 (2) (a) There Except as provided in s. 76.29, there is imposed on every
12light, heat and power company an annual license fee to be assessed by the
13department on or before May 1, 1985, and every May 1 thereafter measured by the
14gross revenues of the preceding year; excluding for the tax period, as defined in s.
1576.29 (1) (f), gross revenues that are subject to the license fee under s. 76.29;
at the
16rates and by the methods set forth under pars. (b) to (d). The fee shall become
17delinquent if not paid when due and when delinquent shall be subject to interest at
18the rate of 1.5% per month until paid. Payment in full of the May 1 assessment
19constitutes a license to carry on business for the 12-month period commencing on the
20preceding January 1.
SB55-ASA1, s. 1227 21Section 1227. 76.29 of the statutes is created to read:
SB55-ASA1,841,23 2276.29 License fee for selling electricity at wholesale. (1) Definitions.
23In this section:
SB55-ASA1,841,2424 (a) "Apportionment factor" has the meaning given in s. 76.28 (1) (a).
SB55-ASA1,841,2525 (b) "Department" means the department of revenue.
SB55-ASA1,842,1
1(c) "Electric cooperative" has the meaning given in s. 76.48 (1g) (c).
SB55-ASA1,842,32 (d) "Gross revenues" means total revenues from the sale of electricity for resale
3by the purchaser of the electricity.
SB55-ASA1,842,54 (e) "Light, heat, and power companies" has the meaning given in s. 76.28 (1)
5(e).
SB55-ASA1,842,76 (f) "Tax period" means each calendar year or portion of a calender year from
7January 1, 2004, to December 31, 2009.
SB55-ASA1,842,18 8(2) Imposition. There is imposed on every light, heat, and power company and
9electric cooperative that owns an electric utility plant, an annual license fee to be
10assessed by the department on or before May 1, 2005, and every May 1 thereafter,
11ending with the assessment on May 1, 2010, measured by the gross revenues of the
12preceding tax period in an amount equal to the apportionment factor multiplied by
13gross revenues multiplied by 1.59%. The fee shall become delinquent if not paid
14when due and when delinquent shall be subject to interest at the rate of 1.5% per
15month until paid. Gross revenues earned by a light, heat, and power company after
16December 31, 2009, are subject to the license fee imposed under s. 76.28 (2). Gross
17revenues earned by an electric cooperative after December 31, 2009, are subject to
18the license fee imposed under s. 76.48 (1r).
SB55-ASA1,842,20 19(3) Administration. Section 76.28 (3) (c) and (4) to (11), as it applies to the fee
20imposed under s. 76.28 (2), applies to the fee imposed under this section.
SB55-ASA1, s. 2236m 21Section 2236m. 76.31 of the statutes is created to read:
SB55-ASA1,843,4 2276.31 Determination of ad valorem tax receipts for hub facility
23exemptions.
By July 1, 2004, and every July 1 thereafter, the department shall
24determine the total amount of the tax imposed under subch. I of ch. 76 that was paid
25by each air carrier company, as defined in s. 70.11 (42) (a) 1., whose property is

1exempt from taxation under s. 70.11 (42) (b) for the most recent taxable year that the
2air carrier company paid the tax imposed under subch. I of ch. 76. The total amount
3determined under this section shall be transferred under s. 20.855 (4) (fm) to the
4transportation fund.
SB55-ASA1, s. 1228 5Section 1228. 76.48 (1r) of the statutes is amended to read:
SB55-ASA1,843,186 76.48 (1r) Every Except as provided in s. 76.29, every electric cooperative shall
7pay, in lieu of other general property and income or franchise taxes, an annual license
8fee equal to its apportionment factor multiplied by its gross revenues ; excluding for
9the tax period, as defined in s. 76.29 (1) (f), gross revenues that are subject to the
10license fee under s. 76.29;
multiplied by 3.19%. Real estate and personal property
11not used primarily for the purpose of generating, transmitting or distributing
12electric energy are subject to general property taxes. If a general structure is used
13in part to generate, transmit or distribute electric energy and in part for
14nonoperating purposes, the license fee imposed by this section is in place of the
15percentage of all other general property taxes that fairly measures and represents
16the extent of the use in generating, transmitting or distributing electric energy, and
17the balance is subject to local assessment and taxation, except that the entire general
18structure is subject to special assessments for local improvements.
SB55-ASA1, s. 1229 19Section 1229. 76.81 of the statutes is amended to read:
SB55-ASA1,844,5 2076.81 Imposition. There is imposed a tax on the real property of, and the
21tangible personal property of, every telephone company, excluding property that is
22exempt from the property tax under s. 70.11 (39), motor vehicles that are exempt
23under s. 70.112 (5), property that is used less than 50% in the operation of a telephone
24company, as provided under s. 70.112 (4) (b),
and treatment plant and pollution
25abatement equipment that is exempt under s. 70.11 (21) (a). Except as provided in

1s. 76.815, the rate for the tax imposed on each description of real property and on each
2item of tangible personal property is the net rate for the prior year for the tax under
3ch. 70 in the taxing jurisdictions where the description or item is located. The real
4and tangible personal property of a telephone company shall be assessed as provided
5under s. 70.112 (4) (b).
SB55-ASA1, s. 1230 6Section 1230. 77.51 (20) of the statutes is amended to read:
SB55-ASA1,844,147 77.51 (20) "Tangible personal property" means all tangible personal property
8of every kind and description and includes electricity, natural gas, steam, and water,
9and also leased property affixed to realty if the lessor has the right to remove the
10property upon breach or termination of the lease agreement, unless the lessor of the
11property is also the lessor of the realty to which the property is affixed. "Tangible
12personal property" also includes coins and stamps of the United States sold or traded
13as collectors' items above their face value and computer programs except, including
14custom computer programs.
SB55-ASA1, s. 1231 15Section 1231. 77.52 (2) (a) 10. of the statutes is amended to read:
SB55-ASA1,846,716 77.52 (2) (a) 10. Except for installing or applying tangible personal property
17which, when installed or applied, will constitute an addition or capital improvement
18of real property, the repair, service, alteration, fitting, cleaning, painting, coating,
19towing, inspection and maintenance of all items of tangible personal property unless,
20at the time of such repair, service, alteration, fitting, cleaning, painting, coating,
21towing, inspection or maintenance, a sale in this state of the type of property
22repaired, serviced, altered, fitted, cleaned, painted, coated, towed, inspected or
23maintained would have been exempt to the customer from sales taxation under this
24subchapter, other than the exempt sale of a motor vehicle or truck body to a
25nonresident under s. 77.54 (5) (a) and other than nontaxable sales under s. 77.51

1(14r). For purposes of this paragraph, the following items shall be deemed to have
2retained their character as tangible personal property, regardless of the extent to
3which any such item is fastened to, connected with or built into real property:
4furnaces, boilers, stoves, ovens, including associated hoods and exhaust systems,
5heaters, air conditioners, humidifiers, dehumidifiers, refrigerators, coolers, freezers,
6water pumps, water heaters, water conditioners and softeners, clothes washers,
7clothes dryers, dishwashers, garbage disposal units, radios and radio antennas,
8incinerators, television receivers and antennas, record players, tape players,
9jukeboxes, vacuum cleaners, furniture and furnishings, carpeting and rugs,
10bathroom fixtures, sinks, awnings, blinds, gas and electric logs, heat lamps,
11electronic dust collectors, grills and rotisseries, bar equipment, intercoms,
12recreational, sporting, gymnasium and athletic goods and equipment including by
13way of illustration but not of limitation bowling alleys, golf practice equipment, pool
14tables, punching bags, ski tows and swimming pools; office, restaurant and tavern
15type
equipment in offices, business facilities, schools, and hospitals but not in
16residential facilities including personal residences, apartments, long-term care
17facilities, as defined under s. 16.009 (1) (em), state institutions, as defined under s.
18101.123 (1) (i), or similar facilities
, including by way of illustration but not of
19limitation lamps, chandeliers, and fans, venetian blinds, canvas awnings, office and
20business machines, ice and milk dispensers, beverage-making equipment, vending
21machines, soda fountains, steam warmers and tables, compressors, condensing units
22and evaporative condensers, pneumatic conveying systems; laundry, dry cleaning,
23and pressing machines, power tools, burglar alarm and fire alarm fixtures, electric
24clocks and electric signs. "Service" does not include services performed by
25veterinarians. The tax imposed under this subsection applies to the repair, service,

1alteration, fitting, cleaning, painting, coating, towing, inspection, or maintenance of
2items listed in this subdivision, regardless of whether the installation or application
3of tangible personal property related to the items is an addition to or a capital
4improvement of real property, except that the tax imposed under this subsection does
5not apply to the original installation or the complete replacement of an item listed
6in this subdivision, if such installation or replacement is a real property construction
7activity under s. 77.51 (2).
SB55-ASA1, s. 2245d 8Section 2245d. 77.52 (2) (a) 10. of the statutes, as affected by 2001 Wisconsin
9Act .... (this act), is amended to read:
SB55-ASA1,848,210 77.52 (2) (a) 10. Except for installing or applying tangible personal property
11which, when installed or applied, will constitute an addition or capital improvement
12of real property, the repair, service, alteration, fitting, cleaning, painting, coating,
13towing, inspection and maintenance of all items of tangible personal property unless,
14at the time of such repair, service, alteration, fitting, cleaning, painting, coating,
15towing, inspection or maintenance, a sale in this state of the type of property
16repaired, serviced, altered, fitted, cleaned, painted, coated, towed, inspected or
17maintained would have been exempt to the customer from sales taxation under this
18subchapter, other than the exempt sale of a motor vehicle or truck body to a
19nonresident under s. 77.54 (5) (a) and other than nontaxable sales under s. 77.51
20(14r). For purposes of this paragraph, the following items shall be deemed to have
21retained their character as tangible personal property, regardless of the extent to
22which any such item is fastened to, connected with or built into real property:
23furnaces, boilers, stoves, ovens, including associated hoods and exhaust systems,
24heaters, air conditioners, humidifiers, dehumidifiers, refrigerators, coolers, freezers,
25water pumps, water heaters, water conditioners and softeners, clothes washers,

1clothes dryers, dishwashers, garbage disposal units, radios and radio antennas,
2incinerators, television receivers and antennas, record players, tape players,
3jukeboxes, vacuum cleaners, furniture and furnishings, carpeting and rugs,
4bathroom fixtures, sinks, awnings, blinds, gas and electric logs, heat lamps,
5electronic dust collectors, grills and rotisseries, bar equipment, intercoms,
6recreational, sporting, gymnasium and athletic goods and equipment including by
7way of illustration but not of limitation bowling alleys, golf practice equipment, pool
8tables, punching bags, ski tows and swimming pools; equipment in offices, business
9facilities, schools and hospitals but not in residential facilities including personal
10residences, apartments, long-term care facilities, as defined under s. 16.009 (1) (em),
11state institutions, as defined under s. 101.123 (1) (i), Type 1 secured correctional
12facilities, as defined in s. 938.02 (19),
or similar facilities, including by way of
13illustration but not of limitation lamps, chandeliers, and fans, venetian blinds,
14canvas awnings, office and business machines, ice and milk dispensers,
15beverage-making equipment, vending machines, soda fountains, steam warmers
16and tables, compressors, condensing units and evaporative condensers, pneumatic
17conveying systems; laundry, dry cleaning, and pressing machines, power tools,
18burglar alarm and fire alarm fixtures, electric clocks and electric signs. "Service"
19does not include services performed by veterinarians. The tax imposed under this
20subsection applies to the repair, service, alteration, fitting, cleaning, painting,
21coating, towing, inspection, or maintenance of items listed in this subdivision,
22regardless of whether the installation or application of tangible personal property
23related to the items is an addition to or a capital improvement of real property, except
24that the tax imposed under this subsection does not apply to the original installation

1or the complete replacement of an item listed in this subdivision, if such installation
2or replacement is a real property construction activity under s. 77.51 (2).
SB55-ASA1, s. 1232 3Section 1232. 77.54 (9a) (a) of the statutes is amended to read:
SB55-ASA1,848,54 77.54 (9a) (a) This state or any agency thereof and, the University of Wisconsin
5Hospitals and Clinics Authority, and the Fox River Navigational System Authority.
SB55-ASA1, s. 2246m 6Section 2246m. 77.54 (45) of the statutes is amended to read:
SB55-ASA1,848,157 77.54 (45) The gross receipts from the sale of and the use or other consumption
8of a onetime license or similar right to purchase admission to professional football
9games at a football stadium, as defined in s. 229.821 (6), that is granted by a
10municipality; a local professional football stadium district; or a professional football
11team or related party, as defined in s. 229.821 (12); if the person who buys the license
12or right is entitled, at the time the license or right is transferred to the person, to
13purchase admission to at least 3 professional football games in this state during one
14football season. The exemption under this subsection does not apply to a license or
15right that is sold after December 31, 2003.
SB55-ASA1, s. 2247b 16Section 2247b. 77.76 (3) of the statutes is amended to read:
SB55-ASA1,849,917 77.76 (3) From the appropriation under s. 20.835 (4) (g) the department shall
18distribute 98.25% of the county taxes reported for each enacting county, minus the
19county portion of the retailers' discounts, to the county and shall indicate the taxes
20reported by each taxpayer, no later than the end of the 3rd month 75 days following
21the end last day of the calendar quarter in which such amounts were reported. In
22this subsection, the "county portion of the retailers' discount" is the amount
23determined by multiplying the total retailers' discount by a fraction the numerator
24of which is the gross county sales and use taxes payable and the denominator of
25which is the sum of the gross state and county sales and use taxes payable. The

1county taxes distributed shall be increased or decreased to reflect subsequent
2refunds, audit adjustments and all other adjustments of the county taxes previously
3distributed. Interest paid on refunds of county sales and use taxes shall be paid from
4the appropriation under s. 20.835 (4) (g) at the rate paid by this state under s. 77.60
5(1) (a). The county may retain the amount it receives or it may distribute all or a
6portion of the amount it receives to the towns, villages, cities and school districts in
7the county. Any county receiving a report under this subsection is subject to the
8duties of confidentiality to which the department of revenue is subject under s. 77.61
9(5).
SB55-ASA1, s. 2247d 10Section 2247d. 77.82 (1) (a) 2. of the statutes is amended to read:
SB55-ASA1,849,1211 77.82 (1) (a) 2. At least 80% 65% of the parcel must be producing or capable of
12producing a minimum of 20 cubic feet of merchantable timber per acre per year.
SB55-ASA1, s. 2247h 13Section 2247h. 77.82 (1) (b) 1. of the statutes is amended to read:
SB55-ASA1,849,1714 77.82 (1) (b) 1. A parcel of which more than 20% 35% consists of land that is
15unsuitable for producing merchantable timber, including water, marsh, muskeg,
16bog, rock outcrops, or sand dunes, farmland, roadway or railroad and utility
17rights-of-way
.
SB55-ASA1, s. 2247p 18Section 2247p. 77.82 (1) (b) 1g. of the statutes is created to read:
SB55-ASA1,849,2519 77.82 (1) (b) 1g. A parcel of which more than 20% consists of land that is
20farmland, roadway, or a railroad or utility right-of-way or that is not capable of
21producing merchantable timber because the production would affect the land's
22natural resources including land that contains sensitive soil, as determined by the
23department, endangered species as defined in s. 29.604 (2) (a), threatened species,
24as defined in s. 29.604 (2) (b), or an archeological site, or land that lacks sound
25forestry regeneration options, as determined by the department.
SB55-ASA1, s. 2247t
1Section 2247t. 77.82 (7) (a) 3. of the statutes is amended to read:
SB55-ASA1,850,32 77.82 (7) (a) 3. That a stand of merchantable timber will be developed on at
3least 80% 65% of the land within a reasonable period of time.
SB55-ASA1, s. 1233 4Section 1233. 77.92 (4) of the statutes is amended to read:
SB55-ASA1,850,195 77.92 (4) "Net business income", with respect to a partnership, means taxable
6income as calculated under section 703 of the Internal Revenue Code; plus the items
7of income and gain under section 702 of the Internal Revenue Code, including taxable
8state and municipal bond interest and excluding nontaxable interest income or
9dividend income from federal government obligations; minus the items of loss and
10deduction under section 702 of the Internal Revenue Code, except items that are not
11deductible under s. 71.21; plus guaranteed payments to partners under section 707
12(c) of the Internal Revenue Code; plus the credits claimed under s. 71.07 (2dd), (2de),
13(2di), (2dj), (2dL), (2dm), (2dr), (2ds), (2dx), and (3g), and (3s); and plus or minus, as
14appropriate, transitional adjustments, depreciation differences, and basis
15differences under s. 71.05 (13), (15), (16), (17), and (19); but excluding income, gain,
16loss, and deductions from farming. "Net business income", with respect to a natural
17person, estate, or trust, means profit from a trade or business for federal income tax
18purposes and includes net income derived as an employee as defined in section 3121
19(d) (3) of the Internal Revenue Code.
SB55-ASA1, s. 1234 20Section 1234. 77.94 (1) (b) of the statutes is amended to read:
SB55-ASA1,850,2521 77.94 (1) (b) On an entity under s. 77.93 (2) or, (3), or (5), except an entity that
22has less than $4,000,000 of gross receipts, an amount equal to the amount calculated
23by multiplying net business income as allocated or apportioned to this state by means
24of the methods under s. 71.04, for the taxable year of the entity by 0.2 %, up to a
25maximum of $9,800, or $25, whichever is greater.
SB55-ASA1, s. 1235
1Section 1235. 77.94 (1) (c) of the statutes is repealed.
SB55-ASA1, s. 2250m 2Section 2250m. 77.994 (1) of the statutes is repealed and recreated to read:
SB55-ASA1,851,93 77.994 (1) Except as provided in sub. (2) and subject to sub. (3), a municipality
4or a county all of which is included in a premier resort area under s. 66.1113 may, by
5ordinance, impose a tax at a rate of 0.5% of the gross receipts from the sale, lease,
6or rental in the municipality or county of goods or services that are taxable under
7subch. III made by businesses that are classified in the North American Industry
8Classification System, 1997 edition, published by the U.S. office of management and
9budget, under the following industry numbers:
SB55-ASA1,851,1010 (a) 452990 — All other general merchandise stores.
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