LRB-2410/2
JK:jld:km
2001 - 2002 LEGISLATURE
March 30, 2001 - Introduced by Representatives Krawczyk, Grothman, Wade,
Schneider, McCormick, Ryba, Loeffelholz, Freese, Powers, Plouff,
Gunderson, Lassa, Shilling, Boyle, Balow, F. Lasee, Musser, Petrowski,
Jeskewitz, Gronemus, Pettis, Young, D. Meyer, Owens, Seratti and Berceau,
cosponsored by Senators Lazich, Grobschmidt, Darling, Roessler, Schultz
and Hansen. Referred to Committee on Colleges and Universities. Referred
to Joint survey committee on Tax Exemptions.
AB264,1,2
1An Act to create 77.54 (46) of the statutes;
relating to: a sales tax and use tax
2exemption for textbooks.
Analysis by the Legislative Reference Bureau
This bill creates a sales tax and use tax exemption for textbooks that are
required for a university, college, or technical college course.
This bill will be referred to the joint survey committee on tax exemptions for a
detailed analysis, which will be printed as an appendix to this bill.
For further information see the state and 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:
AB264, s. 1
3Section
1. 77.54 (46) of the statutes is created to read:
AB264,1,64
77.54
(46) The gross receipts from the sale of and the storage, use, or other
5consumption of textbooks that are required for a university, college, or technical
6college course.
AB264,2,2
1(1)
This act takes effect on the first day of the 2nd month beginning after
2publication.
