2019 - 2020 LEGISLATURE
February 11, 2020 - Introduced by Senators Petrowski, Marklein, Wirch,
Stroebel and Cowles, cosponsored by Representatives Tusler,
McGuire, Quinn, Spiros and Ohnstad. Referred to Committee on Agriculture,
Revenue and Financial Institutions.
1An Act relating to: correcting the 2019 personal property aid distribution.
Analysis by the Legislative Reference Bureau
This bill provides that if the Department of Administration or Department of
Revenue determines by August 15, 2020, that there was an overpayment or
underpayment made in DOR's certification for the 2019 personal property aid
distribution to taxing jurisdictions, DOR must correct any underpayments by
increasing the subsequent year's distribution. Corrections will be made without
interest, but no corrections will be made for overpayments.
Under current law, DOR corrects any overpayment in shared revenue and local
aid payments (which include the personal property aid distribution) by reducing the
subsequent year's distribution and corrects any underpayment in such payments by
increasing the subsequent year's distribution. Under current law, the corrections
are made without interest.
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:
(1) Personal property aid distribution.
Notwithstanding s. 79.08, if the 4
department of administration or department of revenue determines by August 15,
2020, that there was an overpayment or underpayment made in the certification by 2
the department of revenue for the 2019 personal property aid distribution under s. 3
79.096, the department of revenue shall correct any underpayments by increasing 4
the subsequent year's distribution, but no correction shall be made for 5
overpayments. Corrections under this subsection shall be made without interest. 6
A taxing jurisdiction shall not include any corrections made under this subsection 7
in its levy or revenue limit determination.