2019 - 2020 LEGISLATURE
May 23, 2019 - Introduced by Senator Wanggaard, cosponsored by Representatives
Ramthun, Horlacher, Kulp, Thiesfeldt, Schraa and Wichgers. Referred to
Committee on Agriculture, Revenue and Financial Institutions.
1An Act to create
74.47 (4) of the statutes; relating to: application of payment
2for delinquent property tax debt.
Analysis by the Legislative Reference Bureau
This bill requires that a payment made to a taxing jurisdiction by a person with
delinquent property tax debt be applied first to reduce the tax debt and then, if the
payment exceeds the tax debt, to reduce the amount of late fees and interest charged
on the tax debt. Under current law, a taxing jurisdiction may apply a payment to
reduce the late fees and interest before the tax debt.
For further information see the 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:
74.47 (4) of the statutes is created to read:
74.47 (4) Application of payments
. A payment for delinquent general property 5
taxes or a delinquent special charge, special assessment, or special tax shall be 6
applied first to reduce the delinquent amount and then, if the payment exceeds the
delinquent amount, to reduce interest charged under sub. (1) and any penalty 2
imposed under sub. (2).