2009 - 2010 LEGISLATURE
ASSEMBLY AMENDMENT 86,
TO ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO 2009 ASSEMBLY BILL 75
June 11, 2009 - Offered by Representative Mursau.
32. Page 252, line 14
: decrease the dollar amount for fiscal year 2009-10 by 4
$10,000,000 for the purpose of funding, in the amount of $5,000,000 in each fiscal 5
year 2009-10 and 2010-11, the unemployed homeowner tax credit appropriation 6
account under s. 20.835 (2) (eo).
(eo) Unemployed homeowner tax credit.
The amounts in the 10
schedule to pay the claims approved under s. 71.07 (8m).".
71.07 (8m) Unemployed homeowner tax credit.
In this 4
1. "Claimant" means an eligible individual who claims the credit under this 6
2. "Eligible individual" means an individual who has received unemployment 8
compensation from this state during the taxable year to which the individual's claim 9
3. "Homestead" means the primary residence owned and occupied by the 11
claimant, including owned as a joint tenant or tenant in common, or occupied as a 12
buyer in possession under a land contract, and the land surrounding it, not exceeding 13
one acre, that is reasonably necessary for use of the dwelling as a home, and may 14
consist of a part of a multidwelling or multipurpose building and a part of the land 15
upon which it is built.
4. "Household" means a claimant and an individual related to the claimant as 17
husband or wife.
5. "Property taxes accrued" has the meaning given in s. 71.52 (7).
(b) Filing claims.
Subject to the limitations provided in this subsection, a 20
claimant may claim as a credit against the tax imposed under s. 71.02 or 71.08 an 21
amount equal to 10 percent of the property taxes accrued in the year to which the 22
claim relates. If the allowable amount of the claim exceeds the income taxes 23
otherwise due on the claimant's income, the amount of the claim not used as an offset 24
against those taxes shall be certified by the department of revenue to the department
of administration for payment to the claimant by check, share draft, or other draft 2
from the appropriation under s. 20.835 (2) (eo).
1. An individual may claim a credit under this subsection only 4
for his or her homestead on which the individual has property taxes accrued.
2. An individual may claim the credit under this subsection only if the amount 6
of unemployment compensation the individual receives in the year to which the 7
claim relates equals at least 10 percent of the individual's federal adjusted gross 8
income or, if the individual is married, at least 10 percent of the individual's and his 9
or her spouse's federal adjusted gross income, in the year to which the claim relates.
3. The maximum credit that may be claimed by a claimant is $200.
4. No credit may be allowed under this subsection unless it is claimed within 12
the time period under s. 71.75 (2).
5. Only one claimant per household per year may claim a credit under this 14
6. No credit may be claimed under this subsection by a part-year resident or 16
a nonresident of this state.
7. The right to file a claim under this subsection is personal to the claimant and 18
does not survive the claimant's death. When a claimant dies after having filed a 19
timely claim the amount thereof shall be disbursed under s. 71.75 (10). The right to 20
file a claim under this subsection may be exercised on behalf of a living claimant by 21
the claimant's legal guardian or attorney-in-fact.
8. A claim under this subsection may be claimed only for a taxable year that 23
begins after December 31, 2008, and before January 1, 2010.
9. The maximum total amount of claims that may be paid under this credit is 25
$10,000,000. If the total amount of eligible claims exceeds $10,000,000, the
department of revenue shall prorate the amount of the payment that each eligible 2
Subsection (9e) (d), to the extent that it applies to the credit 4
under that subsection, applies to the credit under this subsection.".
"(8u) Unemployed homeowner tax credit.
The treatment of sections 71.07 11
(8m), 71.08 (1) (intro.) (as it relates to the credit under section 71.07 (8m) of the 12
statutes), and 71.10 (4) (i) (as it relates to the credit under section 71.07 (8m) of the 13
statutes) of the statutes, first applies to taxable years beginning on January 1, 14