LRB-1886/P2
JK:wlj
2017 - 2018 LEGISLATURE
DOA:......Quinn, BB0183 - School levy tax credit increase by $87,000,000
For 2017-2019 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
taxation
Property taxation
This bill increases from $853,000,000 to $940,000,000 the amount appropriated for the school levy property tax credit, beginning with payments made in 2018.
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:
Section
1. 79.14 of the statutes is amended to read:
79.14 School levy tax credit. The appropriation under s. 20.835 (3) (b), for the payments under s. 79.10 (4), is $319,305,000 in 1994, 1995, and 1996; $469,305,000 beginning in 1997 and ending in 2006; $593,050,000 in 2007; $672,400,000 in 2008; $747,400,000 in 2009; $732,550,000 in 2010, 2011, and 2012; $747,400,000 in 2013, 2014, and 2015; and $853,000,000 in 2016 and 2017; and $940,000,000 in 2018 and in each year thereafter.
(End)
