LRB-2079/1
BEM:cjs:nwn
2007 - 2008 LEGISLATURE
November 2, 2007 - Introduced by Law Revision Committee. Referred to
Committee on Ethics Reform and Government Operations.
SB304,1,3
1An Act relating to: renumbering, amending, and revising various provisions of
2the statutes for the purpose of correcting and clarifying references, reconciling
3conflicts, and repelling unintended repeals (Revisor's Correction Bill).
Analysis by the Legislative Reference Bureau
This revisor's correction bill is explained in the Notes provided by the revisor
of statutes in the body of the bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SB304,2,126
16.848
(4) Except as provided in s. 13.48 (14) (e), if there is any outstanding
7public debt used to finance the acquisition, construction, or improvement of any
8property that is sold under sub. (1), the department shall deposit a sufficient amount
9of the net proceeds from the sale of the property in the bond security and redemption
1fund under s. 18.09 to repay the principal and pay the interest on the debt, and any
2premium due upon refunding any of the debt. If the property was acquired,
3constructed, or improved with federal financial assistance, the department shall pay
4to the federal government any of the net proceeds required by federal law. If the
5property was acquired by gift or grant or acquired with gift or grant funds, the
6department shall adhere to any restriction governing use of the proceeds. Except as
7required under
sub. (5m) and ss. 13.48 (14) (e), 20.395 (9) (qd), and 51.06 (6), if there
8is no such debt outstanding, there are no moneys payable to the federal government,
9and there is no restriction governing use of the proceeds, and if the net proceeds
10exceed the amount required to be deposited, paid, or used for another purpose under
11this subsection, the department shall deposit the net proceeds or remaining net
12proceeds in the general fund.
Note: The creation of s. 16.848 (5m) by
2005 Wis. Act 25 was deleted by the
governor's partial veto rendering the stricken cross-reference surplusage.
SB304,2,1815
71.07
(3w) (a) 6. "Zone payroll" means the amount of state payroll that is
16attributable to compensation paid to individuals for services that are performed in
17 a an enterprise zone. "Zone payroll" does not include the amount of compensation
18paid to any individual that exceeds $100,000.
Note: Inserts correct article after governor's partial veto.
SB304,3,221
71.07
(3w) (bm) 3. If all of the claimant's payroll is zone payroll and all of the
22claimant's business-related property is located in
a
an enterprise zone, the amount
23obtained by multiplying 20 percent of the sum of the claimant's zone payroll in the
1taxable year and the adjusted basis of the claimant's property at the time that the
2property is first placed in service in the enterprise zone by 6.5 percent.
Note: Inserts correct article after governor's partial veto.
SB304,3,105
71.07
(3w) (bm) 4. The amount the claimant paid in the taxable year to upgrade
6or improve the skills of any of the claimant's full-time employees, to train any of the
7claimant's full-time employees on the use of new technologies, or to train any
8full-time employee whose employment with the claimant represents the employee's
9first full-time job. This subdivision does not apply to employees who do not work in
10 a an enterprise zone.
Note: Inserts correct article after governor's partial veto.
SB304,3,1613
71.28
(3w) (a) 6. "Zone payroll" means the amount of state payroll that is
14attributable to compensation paid to individuals for services that are performed in
15 a an enterprise zone. "Zone payroll" does not include the amount of compensation
16paid to any individual that exceeds $100,000.
Note: Inserts correct article after governor's partial veto.
SB304,4,219
71.28
(3w) (bm) 3. If all of the claimant's payroll is zone payroll and all of the
20claimant's business-related property is located in
a
an enterprise zone, the amount
21obtained by multiplying 20 percent of the sum of the claimant's zone payroll in the
1taxable year and the adjusted basis of the claimant's property at the time that the
2property is first placed in service in the enterprise zone by 7.9 percent.
Note: Inserts correct article after governor's partial veto.
SB304,4,105
71.28
(3w) (bm) 4. The amount the claimant paid in the taxable year to upgrade
6or improve the skills of any of the claimant's full-time employees, to train any of the
7claimant's full-time employees on the use of new technologies, or to train any
8full-time employee whose employment with the claimant represents the employee's
9first full-time job. This subdivision does not apply to employees who do not work in
10 a an enterprise zone.
Note: Inserts correct article after governor's partial veto.
SB304,4,1613
71.47
(3w) (a) 6. "Zone payroll" means the amount of state payroll that is
14attributable to compensation paid to individuals for services that are performed in
15 a an enterprise zone. "Zone payroll" does not include the amount of compensation
16paid to any individual that exceeds $100,000.
Note: Inserts correct article after governor's partial veto.
SB304,5,219
71.47
(3w) (bm) 3. If all of the claimant's payroll is zone payroll and all of the
20claimant's business-related property is located in
a
an enterprise zone, the amount
21obtained by multiplying 20 percent of the sum of the claimant's zone payroll in the
1taxable year and the adjusted basis of the claimant's property at the time that the
2property is first placed in service in the enterprise zone by 7.9 percent.
Note: Inserts correct article after governor's partial veto.
SB304,5,105
71.47
(3w) (bm) 4. The amount the claimant paid in the taxable year to upgrade
6or improve the skills of any of the claimant's full-time employees, to train any of the
7claimant's full-time employees on the use of new technologies, or to train any
8full-time employee whose employment with the claimant represents the employee's
9first full-time job. This subdivision does not apply to employees who do not work in
10 a an enterprise zone.
Note: Inserts correct article after governor's partial veto.
Note: As a result of the governor's partial veto of
2005 Wis. Act 25, section
1727g,
s. 84.555 (1m) does not have multiple paragraphs.
SB304, s. 12
13Section
12. 121.08 (4) (a) 2. of the statutes is amended to read:
SB304,5,1714
121.08
(4) (a) 2. Divide the sum under subd. 1. by the total amount of state aid
15that all school districts are eligible to be paid from the
appropriations appropriation 16under s. 20.255 (2) (ac)
and (r), calculated as if the reduction under par. (b) had not
17occurred.
Note: Section 20.255 (2) (r) was repealed by
2005 Wis. Act 25. The governor's
partial veto of section 1898m of Act 25 resulted in the retention of the cross-reference to
the repealed provision.
SB304, s. 13
18Section
13. 121.08 (4) (a) 3. of the statutes is amended to read:
SB304,6,219
121.08
(4) (a) 3. Multiply the amount of state aid that the school district is
20eligible to be paid from the
appropriations appropriation under s. 20.255 (2) (ac)
and
1(r), calculated as if the reduction under par. (b) had not occurred, by the quotient
2under subd. 2.
Note: Section 20.255 (2) (r) was repealed by
2005 Wis. Act 25. The governor's
partial veto of section 1898s of Act 25 resulted in the retention of the cross-reference to
the repealed provision.
SB304,6,75
560.275
(9) Distressed Areas. The department shall award not less than 35
6percent of the total amount of grants and loans made under this section to businesses
7in distressed areas, as defined in
s. 560.605 (7)
(b).
Note: Inserts missing "s." Section 560.605 (7) (b) is renumbered s. 560.605 (7) by
this bill.
Note: The governor's partial veto of section
2407L of
2005 Wis. Act 25 resulted in
s. 560.605 (7) not having multiple paragraphs.
SB304,6,1412
560.799
(3) (a) The department may designate not more than 10 enterprise
13zones. The department may designate an area as
a
an enterprise zone if the area
14does not exceed 50 acres.
Note: Inserts correct article after governor's partial veto.