AB245-engrossed,117 23Section 117 . 70.52 of the statutes is amended to read:
AB245-engrossed,73,10 2470.52 Clerks to examine and correct rolls. Each city, village, and town
25clerk upon receipt of the assessment roll shall carefully examine the roll. The clerk

1shall correct all double assessments, imperfect descriptions, and other errors
2apparent on the roll, and correct the value of parcels of real property not liable to
3taxation. The clerk shall add to the roll any parcel of real property not listed on the
4assessment roll or item of personal property omitted from the roll and immediately
5notify the assessors of the additions and omissions. The assessors shall immediately
6view and value the omitted property and certify the valuation to the clerk. The clerk
7shall enter the valuation and property classification on the roll, and the valuation
8shall be final. To enable the clerk to properly correct defective descriptions, the clerk
9may request aid, when necessary, from the county surveyor, whose fees for the
10services rendered shall be paid by the city, village, or town.
AB245-engrossed,118 11Section 118 . 70.53 (1) (a) of the statutes is repealed.
AB245-engrossed,119 12Section 119 . 70.65 (2) (a) 2. of the statutes is amended to read:
AB245-engrossed,73,1513 70.65 (2) (a) 2. Identify For assessments made before January 1, 2024, identify
14the name and address of the owners of all taxable personal property within the
15taxation district and the assessed value of each owner's taxable personal property.
AB245-engrossed,120 16Section 120 . 70.65 (2) (b) (intro.) of the statutes is amended to read:
AB245-engrossed,73,1917 70.65 (2) (b) (intro.) With respect to each description of real property and each
18owner of taxable personal property and the personal property assessments made
19before January 1, 2024
:
AB245-engrossed,121 20Section 121 . 70.68 (1) of the statutes is amended to read:
AB245-engrossed,74,221 70.68 (1) Collection in certain cities. In For taxes levied before January 1,
222024, in
cities authorized to act under s. 74.87, the chief of police shall collect all state,
23county, city, school, and other taxes due on personal property as shall then remain
24unpaid, and the chief of police shall possess all the powers given by law to town
25treasurers for the collection of such taxes, and be subject to the liabilities and entitled

1to the same fees as town treasurers in such cases, but such fees shall be turned over
2to the city treasurer and become a part of the general fund.
AB245-engrossed,122 3Section 122 . 70.73 (1) (b) of the statutes is amended to read:
AB245-engrossed,74,104 70.73 (1) (b) If a town, village, or city clerk or treasurer discovers that personal
5property has been assessed to the wrong person for assessments made before
6January 1, 2024
, or 2 or more parcels of land belonging to different persons have been
7erroneously assessed together on the tax roll, the clerk or treasurer shall notify the
8assessor and all parties interested, if the parties are residents of the county, by notice
9in writing to appear at the clerk's office at some time, not less than 5 days thereafter,
10to correct the assessment roll.
AB245-engrossed,123 11Section 123 . 70.73 (1) (c) of the statutes is amended to read:
AB245-engrossed,74,1712 70.73 (1) (c) At the time and place designated in the notice given under par. (b),
13the assessment roll shall be corrected by entering the correct names of the persons
14liable to assessment, both as to real and personal property, describing each parcel of
15land and giving the proper valuation to each parcel separately owned. The total
16valuation given to the separate tracts of real estate shall be equal to the valuation
17given to the same property when the several parcels were assessed together.
AB245-engrossed,124 18Section 124 . 70.73 (1) (d) of the statutes is amended to read:
AB245-engrossed,74,2319 70.73 (1) (d) The valuation of parcels of land or correction of names of persons
20whose personal property is assessed under this subsection
may be made at any time
21before the tax roll is returned to the county treasurer for the year in which the tax
22is levied. The valuation or correction of names, when made under this subsection,
23shall be held just and correct and be final and conclusive.
AB245-engrossed,125 24Section 125 . 70.84 of the statutes is amended to read:
AB245-engrossed,75,21
170.84 Inequalities may be corrected in subsequent year. If any such
2reassessment cannot be completed in time to take the place of the original
3assessment made in such district for said year, the clerk of the district shall levy and
4apportion the taxes for that year upon the basis of the original assessment roll, and
5when the reassessment is completed the inequalities in the taxes levied under the
6original assessment shall be remedied and compensated in the levy and
7apportionment of taxes in such district next following the completion of said
8reassessment in the following manner: Each tract of real estate, and, as to personal
9property assessments made before January 1, 2024, each taxpayer, whose tax shall
10be determined by such reassessment to have been relatively too high, shall be
11credited a sum equal to the amount of taxes charged on the original assessment in
12excess of the amount which would have been charged had such reassessment been
13made in time; and each tract of real estate, and, as to personal property assessments
14made before January 1, 2024
, each taxpayer, whose tax shall be determined by such
15reassessment to have been relatively too low, shall be charged, in addition to all other
16taxes, a sum equal to the difference between the amount of taxes charged upon such
17unequal original assessment and the amount which would have been charged had
18such reassessment been made in time. The department of revenue, or its authorized
19agent, shall at any time have access to all assessment and tax rolls herein referred
20to for the purpose of assisting the local clerk and in order that the results of the
21reassessment may be carried into effect.
AB245-engrossed,126 22Section 126 . 70.855 (1) (intro.) of the statutes is amended to read:
AB245-engrossed,75,2523 70.855 (1) Applicability. (intro.) The department of revenue shall assess real
24and personal property assessed as commercial property under s. 70.32 (2) (a) 2. if all
25of the following apply:
AB245-engrossed,127
1Section 127. 70.855 (1) (a) of the statutes is amended to read:
AB245-engrossed,76,52 70.855 (1) (a) The property owner and the governing body of the municipality
3where the property is located submit a written request to the department on or before
4March 1 of the year of the assessment to have the department assess the property
5owner's real and personal commercial property located in the municipality.
AB245-engrossed,128 6Section 128 . 70.855 (1) (b) of the statutes is amended to read:
AB245-engrossed,76,87 70.855 (1) (b) The written request submitted under par. (a) specifies the items
8of personal property and
parcels of real property for the department's assessment.
AB245-engrossed,129 9Section 129 . 70.995 (1) (a) of the statutes is amended to read:
AB245-engrossed,76,2510 70.995 (1) (a) In this section “manufacturing property" includes all lands,
11buildings, structures and other
real property, as defined in s. 70.03, in this state, used
12in manufacturing, assembling, processing, fabricating, making, or milling tangible
13personal property for profit. Manufacturing property also includes warehouses,
14storage facilities, and office structures in this state when the predominant use of the
15warehouses, storage facilities, or offices is in support of the manufacturing property,
16and all personal property owned or used by any person engaged in this state in any
17of the activities mentioned, and used in the activity, including raw materials,
18supplies, machinery, equipment, work in
process and finished inventory when
19located at the site of the activity
. Establishments engaged in assembling component
20parts of manufactured products are considered manufacturing establishments if the
21new product is neither a structure nor other fixed improvement. Materials processed
22by a manufacturing establishment include products of agriculture, forestry, fishing,
23mining, and quarrying. For the purposes of this section, establishments which
24engage in mining metalliferous minerals are considered manufacturing
25establishments.
AB245-engrossed,130
1Section 130. 70.995 (4) of the statutes is amended to read:
AB245-engrossed,77,202 70.995 (4) Whenever real property or tangible personal property is used for
3one, or some combination, of the processes mentioned in sub. (3) and also for other
4purposes, the department of revenue, if satisfied that there is substantial use in one
5or some combination of such processes, may assess the property under this section.
6For all purposes of this section the department of revenue shall have sole discretion
7for the determination of what is substantial use and what description of real property
8or what unit of tangible personal property shall constitute “the property" to be
9included for assessment purposes, and, in connection herewith, the department may
10include in a real property unit, real property owned by different persons. Vacant
11property designed for use in manufacturing, assembling, processing, fabricating,
12making, or milling tangible property for profit may be assessed under this section or
13under s. 70.32 (1), and the period of vacancy may not be the sole ground for making
14that determination. In those specific instances where a portion of a description of
15real property includes manufacturing property rented or leased and operated by a
16separate person which does not satisfy the substantial use qualification for the entire
17property, the local assessor shall assess the entire real property description and all
18personal property not exempt under s. 70.11 (27
). The applicable portions of the
19standard manufacturing property report form under sub. (12) as they relate to
20manufacturing machinery and equipment shall be submitted by such person
.
AB245-engrossed,131 21Section 131 . 70.995 (5) of the statutes is amended to read:
AB245-engrossed,78,722 70.995 (5) The department of revenue shall assess all property of
23manufacturing establishments included under subs. (1) and (2), except property not
24contiguous with or located within 1,000 feet of the parcel on which the production
25process, as defined in s. 70.11 (27) (a) 5., occurs,
as of the close of January 1 of each

1year, if on or before March 1 of that year the department has classified the property
2as manufacturing or the owner of the property has requested, in writing, that the
3department make such a classification and the department later does so. A change
4in ownership, location, or name of the manufacturing establishment does not
5necessitate a new request. In assessing lands from which metalliferous minerals are
6being extracted and valued for purposes of the tax under s. 70.375, the value of the
7metalliferous mineral content of such lands shall be excluded.
AB245-engrossed,132 8Section 132 . 70.995 (5n) of the statutes is created to read:
AB245-engrossed,78,169 70.995 (5n) (a) If the department of revenue determines that an establishment
10is engaged in manufacturing, as described in subs. (1), (2), and (3), the department
11may classify the establishment as manufacturing. The establishment shall submit
12a written request on or before July 1 of the year for which classification is desired,
13as provided under s. 71.07 (5n) (a) 9. c. or 71.28 (5n) (a) 9. c. Any establishment
14classified as manufacturing prior to January 1, 2024, is presumed to be engaged in
15manufacturing, as described in subs. (1), (2), and (3), and need not submit a request
16as provided in this paragraph.
AB245-engrossed,78,2217 (b) The department may at any time investigate or audit requests submitted
18under par. (a) and may revoke a classification. A revocation under this paragraph
19may not apply retroactively, but shall take effect on the first day of the
20establishment's taxable year following the year in which the department issues a
21revocation. An establishment that submits a request under par. (a) shall notify the
22department within 60 days of any termination of manufacturing activity.
AB245-engrossed,79,623 (c) On or before December 31 of the year in which a request is timely submitted
24under par. (a), the department shall issue a notice of determination responding to the
25timely request. The department may, in its sole discretion, issue a notice of

1determination by December 31 for requests received after July 1 of the year in which
2classification is desired. The notice shall be in writing and shall be sent by 1st class
3mail or electronic mail. In addition, the notice shall specify that objections to the
4decision shall be filed with the state board of assessors no later than 60 days after
5the date of the notice, that a fee of $200 shall be paid when the objection is filed, and
6that the objection is not filed until the fee is paid.
AB245-engrossed,79,127 (d) For purposes of this subsection, an objection is considered timely filed if
8received by the state board of assessors no later than 60 days after the date of the
9notice or sent to the state board of assessors by U.S. postal service certified mail in
10a properly addressed envelope, with postage paid, that is postmarked before
11midnight of the last day for filing. Neither the board nor the tax appeals commission
12may waive the requirement that objections be in writing.
AB245-engrossed,79,1613 (e) The state board of assessors shall investigate any objection timely filed
14under par. (d) if the fee specified under par. (c) is paid. The board shall notify the
15person objecting or the person's agent of its determination by 1st class mail or
16electronic mail.
AB245-engrossed,79,2217 (f) If a determination of the state board of assessors under par. (e) results in an
18establishment not being classified as manufacturing, the person having been
19notified of the determination shall be deemed to have accepted the determination
20unless the person files a petition for review with the clerk of the tax appeals
21commission, as provided under s. 73.01 (5) and the rules of practice of the tax appeals
22commission.
AB245-engrossed,133 23Section 133 . 70.995 (7) (b) of the statutes is amended to read:
AB245-engrossed,80,224 70.995 (7) (b) Each 5 years, or more frequently if the department of revenue's
25workload permits and if in the department's judgment it is desirable, the department

1of revenue shall complete a field investigation or on-site appraisal at full value under
2ss. s. 70.32 (1) and 70.34 of all manufacturing real property in this state.
AB245-engrossed,134 3Section 134 . 70.995 (8) (b) 1. of the statutes is amended to read:
AB245-engrossed,80,224 70.995 (8) (b) 1. The department of revenue shall annually notify each
5manufacturer assessed under this section and the municipality in which the
6manufacturing property is located of the full value of all real and personal property
7owned by the manufacturer. The notice shall be in writing and shall be sent by 1st
8class mail or electronic mail. In addition, the notice shall specify that objections to
9valuation, amount, or taxability must be filed with the state board of assessors no
10later than 60 days after the date of the notice of assessment, that objections to a
11change from assessment under this section to assessment under s. 70.32 (1) must be
12filed no later than 60 days after the date of the notice, that the fee under par. (c) 1.
13or (d) must be paid and that the objection is not filed until the fee is paid. For
14purposes of this subdivision, an objection is considered timely filed if received by the
15state board of assessors no later than 60 days after the date of the notice or sent to
16the state board of assessors by certified mail in a properly addressed envelope, with
17postage paid, that is postmarked before midnight of the last day for filing. A
18statement shall be attached to the assessment roll indicating that the notices
19required by this section have been mailed and failure to receive the notice does not
20affect the validity of the assessments, the resulting tax on real or personal property,
21the procedures of the tax appeals commission or of the state board of assessors, or
22the enforcement of delinquent taxes by statutory means.
AB245-engrossed,135 23Section 135 . 70.995 (12) (a) of the statutes is amended to read:
AB245-engrossed,81,2124 70.995 (12) (a) The department of revenue shall prescribe a standard
25manufacturing property report form that shall be submitted annually for each real

1estate parcel and each personal property account on or before March 1 by all
2manufacturers whose property is assessed under this section. The report form shall
3contain all information considered necessary by the department and shall include,
4without limitation, income and operating statements, fixed asset schedules, and a
5report of new construction or demolition. Failure to submit the report shall result
6in denial of any right of redetermination by the state board of assessors or the tax
7appeals commission. If any property is omitted or understated in the manufacturing
8real estate
assessment roll in any of the next 5 previous years, or in a manufacturing
9personal property assessment roll made before January 1, 2024,
the assessor shall
10enter the value of the omitted or understated property once for each previous year
11of the omission or understatement. The assessor shall affix a just valuation to each
12entry for a former year as it should have been assessed according to the assessor's
13best judgment. Taxes shall be apportioned and collected on the tax roll for each entry,
14on the basis of the net tax rate for the year of the omission, taking into account credits
15under s. 79.10. In the case of omitted property, interest shall be added at the rate of
160.0267 percent per day for the period of time between the date when the form is
17required to be submitted and the date when the assessor affixes the just valuation.
18In the case of underpayments determined after an objection under sub. (8) (d),
19interest shall be added at the average annual discount interest rate determined by
20the last auction of 6-month U.S. treasury bills before the objection per day for the
21period of time between the date when the tax was due and the date when it is paid.
AB245-engrossed,136 22Section 136 . 71.07 (5n) (a) 5. a. of the statutes is amended to read:
AB245-engrossed,82,523 71.07 (5n) (a) 5. a. “Manufacturing property factor" means a fraction, the
24numerator of which is the average value of the claimant's real and personal property
25assessed under s. 70.995
land and depreciable property, owned or rented and used

1in this state by the claimant during the taxable year to manufacture qualified
2production property, and the denominator of which is the average value of all the
3claimant's real and personal land and depreciable property owned or rented during
4the taxable year and used by the claimant to manufacture qualified production
5property.
AB245-engrossed,137 6Section 137 . 71.07 (5n) (a) 5. d. of the statutes is repealed.
AB245-engrossed,138 7Section 138 . 71.07 (5n) (a) 9. (intro.) of the statutes is amended to read:
AB245-engrossed,82,98 71.07 (5n) (a) 9. (intro.) “Qualified production property" means either any of
9the following:
AB245-engrossed,139 10Section 139 . 71.07 (5n) (a) 9. a. of the statutes is amended to read:
AB245-engrossed,82,1711 71.07 (5n) (a) 9. a. Tangible personal property manufactured in whole or in part
12by the claimant on property that is located in this state and assessed as
13manufacturing property under s. 70.995. Tangible personal property manufactured
14in this state may only be qualified production property if it is manufactured on
15property approved to be classified as manufacturing real property for purposes of s.
1670.995, even if it is not eligible to be listed on the department's manufacturing roll
17until January 1 of the following year.
AB245-engrossed,140 18Section 140 . 71.07 (5n) (a) 9. c. of the statutes is created to read:
AB245-engrossed,83,319 71.07 (5n) (a) 9. c. Tangible personal property manufactured in whole or in part
20by the claimant at an establishment that is located in this state and classified as
21manufacturing under s. 70.995 (5n). A person wishing to classify the person's
22establishment as manufacturing under this subd. 9. c. shall file an application in the
23form and manner prescribed by the department no later than July 1 of the taxable
24year for which the person wishes to claim the credit under this subsection, pursuant
25to s. 70.995 (5n). The department shall make a determination and provide written

1notice by December 31 of the year in which the application is filed. A determination
2on the classification under this subd. 9. c. may be appealed as provided under s.
370.995 (5n).
AB245-engrossed,141 4Section 141 . 71.07 (5n) (d) 2. of the statutes is amended to read:
AB245-engrossed,83,135 71.07 (5n) (d) 2. For purposes of determining a claimant's eligible qualified
6production activities income under this subsection, the claimant shall multiply the
7claimant's qualified production activities income from property manufactured by the
8claimant by the manufacturing property factor and qualified production activities
9income from property produced, grown, or extracted by the claimant by the
10agriculture property factor. This subdivision does not apply if the claimant's entire
11qualified production activities income results from the sale of tangible personal
12property that was manufactured, produced, grown, or extracted wholly in this state
13by the claimant.
AB245-engrossed,142 14Section 142 . 71.07 (6e) (a) 5. of the statutes is amended to read:
AB245-engrossed,84,615 71.07 (6e) (a) 5. “Property taxes" means real and personal property taxes,
16exclusive of special assessments, delinquent interest, and charges for service, paid
17by a claimant, and the claimant's spouse if filing a joint return, on the eligible
18veteran's or unremarried surviving spouse's principal dwelling in this state during
19the taxable year for which credit under this subsection is claimed, less any property
20taxes paid which are properly includable as a trade or business expense under
21section 162 of the Internal Revenue Code. If the principal dwelling on which the
22taxes were paid is owned by 2 or more persons or entities as joint tenants or tenants
23in common or is owned by spouses as marital property, “property taxes" is that part
24of property taxes paid that reflects the ownership percentage of the claimant, except
25that this limitation does not apply to spouses who file a joint return. If the principal

1dwelling is sold during the taxable year, the “property taxes" for the seller and buyer
2shall be the amount of the tax prorated to each in the closing agreement pertaining
3to the sale or, if not so provided for in the closing agreement, the tax shall be prorated
4between the seller and buyer in proportion to months of their respective ownership.
5“Property taxes" includes monthly municipal permit fees in respect to a principal
6dwelling collected under s. 66.0435 (3) (c).
AB245-engrossed,143 7Section 143 . 71.07 (9) (a) 3. of the statutes is amended to read:
AB245-engrossed,84,228 71.07 (9) (a) 3. “Property taxes" means real and personal property taxes,
9exclusive of special assessments, delinquent interest and charges for service, paid by
10a claimant on the claimant's principal dwelling during the taxable year for which
11credit under this subsection is claimed, less any property taxes paid which are
12properly includable as a trade or business expense under section 162 of the Internal
13Revenue Code. If the principal dwelling on which the taxes were paid is owned by
142 or more persons or entities as joint tenants or tenants in common or is owned by
15spouses as marital property, “property taxes" is that part of property taxes paid that
16reflects the ownership percentage of the claimant. If the principal dwelling is sold
17during the taxable year the “property taxes" for the seller and buyer shall be the
18amount of the tax prorated to each in the closing agreement pertaining to the sale
19or, if not so provided for in the closing agreement, the tax shall be prorated between
20the seller and buyer in proportion to months of their respective ownership. “ Property
21taxes" includes monthly municipal permit fees in respect to a principal dwelling
22collected under s. 66.0435 (3) (c).
AB245-engrossed,144 23Section 144 . 71.17 (2) of the statutes is amended to read:
AB245-engrossed,85,624 71.17 (2) Lien on trust estate; income taxes levied against beneficiary. All
25income taxes levied against the income of beneficiaries shall be a lien on that portion

1of the trust estate or interest therein from which the income taxed is derived, and
2such taxes shall be paid by the fiduciary, if not paid by the distributee, before the
3same become delinquent. Every person who, as a fiduciary under the provisions of
4this subchapter, pays an income tax shall have all the rights and remedies of
5reimbursement for any taxes assessed against him or her or paid by him or her in
6such capacity, as provided in s. 70.19 (1), 2021 stats., and s. 70.19 (2), 2021 stats.
AB245-engrossed,145 7Section 145 . 71.28 (5n) (a) 5. a. of the statutes is amended to read:
AB245-engrossed,85,158 71.28 (5n) (a) 5. a. “Manufacturing property factor" means a fraction, the
9numerator of which is the average value of the claimant's real and personal property
10assessed under s. 70.995
land and depreciable property, owned or rented and used
11in this state by the claimant during the taxable year to manufacture qualified
12production property, and the denominator of which is the average value of all the
13claimant's real and personal land and depreciable property owned or rented during
14the taxable year and used by the claimant to manufacture qualified production
15property.
AB245-engrossed,146 16Section 146 . 71.28 (5n) (a) 5. d. of the statutes is repealed.
AB245-engrossed,147 17Section 147 . 71.28 (5n) (a) 9. (intro.) of the statutes is amended to read:
AB245-engrossed,85,1918 71.28 (5n) (a) 9. (intro.) “Qualified production property" means either any of
19the following:
AB245-engrossed,148 20Section 148 . 71.28 (5n) (a) 9. a. of the statutes is amended to read:
AB245-engrossed,86,221 71.28 (5n) (a) 9. a. Tangible personal property manufactured in whole or in part
22by the claimant on property that is located in this state and assessed as
23manufacturing property under s. 70.995. Tangible personal property manufactured
24in this state may only be qualified production property if it is manufactured on
25property approved to be classified as manufacturing real property for purposes of s.

170.995, even if it is not eligible to be listed on the department's manufacturing roll
2until January 1 of the following year.
AB245-engrossed,149 3Section 149 . 71.28 (5n) (a) 9. c. of the statutes is created to read:
AB245-engrossed,86,134 71.28 (5n) (a) 9. c. Tangible personal property manufactured in whole or in part
5by the claimant with an establishment that is located in this state and classified as
6manufacturing under s. 70.995 (5n). A person wishing to classify the person's
7establishment as manufacturing under this subd. 9. c. shall file an application in the
8form and manner prescribed by the department no later than July 1 of the taxable
9year for which the person wishes to claim the credit under this subsection, pursuant
10to s. 70.995 (5n). The department shall make a determination and provide written
11notice by December 31 of the year in which the application is filed. A determination
12on the classification under this subd. 9. c. may be appealed as provided under s.
1370.995 (5n).
AB245-engrossed,150 14Section 150 . 71.28 (5n) (d) 2. of the statutes is amended to read:
AB245-engrossed,86,2315 71.28 (5n) (d) 2. Except as provided in subd. 3., for purposes of determining a
16claimant's eligible qualified production activities income under this subsection, the
17claimant shall multiply the claimant's qualified production activities income from
18property manufactured by the claimant by the manufacturing property factor and
19qualified production activities income from property produced, grown, or extracted
20by the claimant by the agriculture property factor. This subdivision does not apply
21if the claimant's entire qualified production activities income results from the sale
22of tangible personal property that was manufactured, produced, grown, or extracted
23wholly in this state by the claimant.
AB245-engrossed,151 24Section 151 . 71.52 (7) of the statutes is amended to read:
AB245-engrossed,88,23
171.52 (7) “Property taxes accrued" means real or personal property taxes or
2monthly municipal permit fees under s. 66.0435 (3) (c), exclusive of special
3assessments, delinquent interest and charges for service, levied on a homestead
4owned by the claimant or a member of the claimant's household. “Real or personal
5property taxes" means those levied under ch. 70, less the tax credit, if any, afforded
6in respect of such property by s. 79.10. If a homestead is owned by 2 or more persons
7or entities as joint tenants or tenants in common or is owned as marital property or
8survivorship marital property and one or more such persons, entities or owners is not
9a member of the claimant's household, property taxes accrued is that part of property
10taxes accrued levied on such homestead, reduced by the tax credit under s. 79.10,
11that reflects the ownership percentage of the claimant and the claimant's household,
12except that if a homestead is owned by 2 or more natural persons or if 2 or more
13natural persons have an interest in a homestead, one or more of whom is not a
14member of the claimant's household, and the claimant has a present interest, as that
15term is used in s. 700.03 (1), in the homestead and is required by the terms of a will
16that transferred the homestead or interest in the homestead to the claimant to pay
17the entire amount of property taxes levied on the homestead, property taxes accrued
18is property taxes accrued levied on such homestead, reduced by the tax credit under
19s. 79.10. A marital property agreement or unilateral statement under ch. 766 has
20no effect in computing property taxes accrued for a person whose homestead is not
21the same as the homestead of that person's spouse. For purposes of this subsection,
22property taxes are “levied" when the tax roll is delivered to the local treasurer for
23collection. If a homestead is sold or purchased during the calendar year of the levy,
24the property taxes accrued for the seller and the buyer are the amount of the tax levy
25prorated to each in proportion to the periods of time each both owned and occupied

1the homestead during the year to which the claim relates. The seller may use the
2closing agreement pertaining to the sale of the homestead, the property tax bill for
3the year before the year to which the claim relates or the property tax bill for the year
4to which the claim relates as the basis for computing property taxes accrued, but
5those taxes are allowable only for the portion of the year during which the seller
6owned and occupied the sold homestead. If a household owns and occupies 2 or more
7homesteads in the same calendar year, property taxes accrued is the sum of the
8prorated property taxes accrued attributable to the household for each of such
9homesteads. If the household owns and occupies the homestead for part of the
10calendar year and rents a homestead for part of the calendar year, it may include both
11the proration of taxes on the homestead owned and rent constituting property taxes
12accrued with respect to the months the homestead is rented in computing the amount
13of the claim under s. 71.54 (1). If a homestead is an integral part of a multipurpose
14or multidwelling building, property taxes accrued are the percentage of the property
15taxes accrued on that part of the multipurpose or multidwelling building occupied
16by the household as a principal residence plus that same percentage of the property
17taxes accrued on the land surrounding it, not exceeding one acre, that is reasonably
18necessary for use of the multipurpose or multidwelling building as a principal
19residence, except as the limitations of s. 71.54 (2) (b) apply. If the homestead is part
20of a farm, property taxes accrued are the property taxes accrued on up to 120 acres
21of the land contiguous to the claimant's principal residence and include the property
22taxes accrued on all improvements to real property located on such land, except as
23the limitations of s. 71.54 (2) (b) apply.
AB245-engrossed,152 24Section 152 . 73.01 (5) (a) of the statutes is amended to read:
AB245-engrossed,90,10
173.01 (5) (a) Any person who is aggrieved by a determination of the state board
2of assessors under s. 70.995 (5n) or (8) or who has filed a petition for redetermination
3with the department of revenue and who is aggrieved by the redetermination of the
4department of revenue may, within 60 days of the determination of the state board
5of assessors or of the department of revenue or, in all other cases, within 60 days after
6the redetermination but not thereafter, file with the clerk of the commission a
7petition for review of the action of the department of revenue and the number of
8copies of the petition required by rule adopted by the commission. Any person who
9is aggrieved by a determination of the department of transportation under s. 341.405
10or 341.45 may, within 30 days after the determination of the department of
11transportation, file with the clerk of the commission a petition for review of the action
12of the department of transportation and the number of copies of the petition required
13by rule adopted by the commission. If a municipality appeals, its appeal shall set
14forth that the appeal has been authorized by an order or resolution of its governing
15body and the appeal shall be verified by a member of that governing body as
16pleadings in courts of record are verified. The clerk of the commission shall transmit
17one copy to the department of revenue, or to the department of transportation, and
18to each party. In the case of appeals from manufacturing property assessments, the
19person assessed shall be a party to a proceeding initiated by a municipality. At the
20time of filing the petition, the petitioner shall pay to the commission a $25 filing fee.
21The commission shall deposit the fee in the general fund. Within 30 days after such
22transmission the department of revenue, except for petitions objecting to
23manufacturing property assessments, or the department of transportation, shall file
24with the clerk of the commission an original and the number of copies of an answer
25to the petition required by rule adopted by the commission and shall serve one copy

1on the petitioner or the petitioner's attorney or agent. Within 30 days after service
2of the answer, the petitioner may file and serve a reply in the same manner as the
3petition is filed. Any person entitled to be heard by the commission under s. 76.38
4(12) (a), 1993 stats., or s. 76.39 (4) (c) or 76.48 may file a petition with the commission
5within the time and in the manner provided for the filing of petitions in income or
6franchise tax cases. Such papers may be served as a circuit court summons is served
7or by certified mail. For the purposes of this subsection, a petition for review is
8considered timely filed if mailed by certified mail in a properly addressed envelope,
9with postage duly prepaid, which envelope is postmarked before midnight of the last
10day for filing.
AB245-engrossed,153 11Section 153 . 73.03 (77) of the statutes is created to read:
AB245-engrossed,90,1412 73.03 (77) To annually produce a comparative local government spending
13report from information received under s. 73.10 and to create and maintain a web
14page on its Internet site to display the information contained in the report.
AB245-engrossed,154 15Section 154 . 76.02 (1) of the statutes is amended to read:
AB245-engrossed,90,2116 76.02 (1) “Air carrier company" means any person engaged in the business of
17transportation in aircraft of persons or property for hire on regularly scheduled
18flights, except an air carrier company whose property is exempt from taxation under
19s. 70.11 (42) (b) 76.074 (2). In this subsection, “aircraft" means a completely equipped
20operating unit, including spare flight equipment, used as a means of conveyance in
21air commerce.
AB245-engrossed,155 22Section 155 . 76.025 (5) of the statutes is created to read:
AB245-engrossed,91,223 76.025 (5) Nothing in this chapter or ch. 70 shall be construed as providing an
24exemption for personal property for entities regulated under this chapter, except for

1the exemptions under ss. 70.11 (21), (39), and (39m), 70.112 (4) (b) and (5), and
276.074, and for such motor vehicles as are exempt under s. 70.112 (5).
AB245-engrossed,156 3Section 156 . 76.03 (1) of the statutes is amended to read:
AB245-engrossed,91,74 76.03 (1) The property, both real and personal, including all rights, franchises
5and privileges used in and necessary to the prosecution of the business of any
6company enumerated in s. 76.02 shall be deemed personal property for the purposes
7of taxation, and
shall be valued and assessed together as a unit.
AB245-engrossed,157 8Section 157 . 76.07 (2) of the statutes is amended to read:
AB245-engrossed,92,39 76.07 (2) Relation to state valuation; description. The value of the property
10of each of said companies company for assessment shall be made on the same basis
11and for the same period of time, as near as may be, as the value of the general
12property of the state is ascertained and determined. The department shall prepare
13an assessment roll and place thereon after the name of each of said companies
14company assessed, the following general description of the property of such company,
15to wit which the department shall deem and hold to include the entire property and
16franchises of the company specified and all title and interest therein
: “ Real estate,
17right-of-way, tracks, stations, terminals, appurtenances, rolling stock, equipment,
18franchises, and all other real estate and personal property of said the company," in
19the case of railroads, and “Real estate, right-of-way, poles, wires, conduits, cables,
20devices, appliances, instruments, franchises, and all other real and personal
21property of said the company," in the case of conservation and regulation companies,
22and “Real estate, appurtenances, rolling stock, equipment, franchises, and all other
23real estate and personal property of said the company," in the case of air carrier
24companies, and “Land and land rights, structures, improvements, mains, pumping
25and regulation equipment, services, appliances, instruments, franchises , and all

1other real and personal property of said the company," in the case of pipeline
2companies, which description shall be deemed and held to include the entire property
3and franchises of the company specified and all title and interest therein
.
AB245-engrossed,158 4Section 158 . 76.07 (4g) (a) 10. of the statutes is amended to read:
AB245-engrossed,92,75 76.07 (4g) (a) 10. Determine the depreciated cost of road real property owned
6or rented by the company and used in the operation of the company's business in this
7state.
AB245-engrossed,159 8Section 159 . 76.07 (4g) (a) 11. and 12. of the statutes are repealed.
AB245-engrossed,160 9Section 160 . 76.07 (4g) (a) 13. of the statutes is amended to read:
AB245-engrossed,92,1110 76.07 (4g) (a) 13. Divide the sum of the amounts under subds. 10. and 12.
11amount under subd. 10. by the depreciated cost of road real property everywhere.
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