AB245-engrossed,69 24Section 69 . 70.015 of the statutes is created to read:
AB245-engrossed,53,2
170.015 Sunset. Beginning with the property tax assessments as of January
21, 2024, no tax shall be levied under this chapter on personal property.
AB245-engrossed,70 3Section 70 . 70.02 of the statutes is amended to read:
AB245-engrossed,53,8 470.02 Definition of general property. General property is all the taxable
5real and personal property defined in ss. 70.03 and 70.04 except that which is taxed
6under ss. 70.37 to 70.395 and ch. 76 and subchs. I and VI of ch. 77. General property
7includes manufacturing property subject to s. 70.995, but assessment of that
8property shall be made according to s. 70.995.
AB245-engrossed,71 9Section 71 . 70.04 (1r) of the statutes is amended to read:
AB245-engrossed,53,1510 70.04 (1r) Toll bridges; private railroads and bridges; saw Saw logs, timber, and
11lumber, either upon land or afloat; steamboats, ships, and other vessels, whether at
12home or abroad; ferry boats, including the franchise for running the same; ice cut and
13stored for use, sale, or shipment; beginning May 1, 1974, and manufacturing
14machinery and equipment as defined in s. 70.11 (27), and entire property of
15companies defined in s. 76.28 (1), located entirely within one taxation district
.
AB245-engrossed,72 16Section 72 . 70.043 of the statutes is repealed.
AB245-engrossed,73 17Section 73 . 70.05 (5) (a) 1. of the statutes is amended to read:
AB245-engrossed,53,2018 70.05 (5) (a) 1. “Assessed value" means with respect to each taxation district
19the total values established under ss. s. 70.32 and 70.34, but excluding
20manufacturing property subject to assessment under s. 70.995.
AB245-engrossed,74 21Section 74 . 70.10 of the statutes is amended to read:
AB245-engrossed,54,5 2270.10 Assessment, when made, exemption. The assessor shall assess all
23real and personal taxable property as of the close of January 1 of each year. Except
24in cities of the 1st class and 2nd class cities that have a board of assessors under s.
2570.075, the assessment shall be finally completed before the first Monday in April.

1All real property conveyed by condemnation or in any other manner to the state, any
2county, city, village or town by gift, purchase, tax deed or power of eminent domain
3before January 2 in such year shall not be included in the assessment. Assessment
4of manufacturing property subject to s. 70.995 shall be made according to that
5section.
AB245-engrossed,75 6Section 75 . 70.11 (42) of the statutes is repealed.
AB245-engrossed,76 7Section 76 . 70.111 (28) of the statutes is created to read:
AB245-engrossed,54,118 70.111 (28) Business and manufacturing personal property. (a) Beginning
9with the property tax assessments applicable to the January 1, 2024, assessment
10year, personal property, as defined in s. 70.04, including steam and other vessels,
11furniture, and equipment.
AB245-engrossed,54,1212 (b) The exemption under par. (a) does not apply to the following:
AB245-engrossed,54,1313 1. Property assessed as real property under s. 70.17 (3).
AB245-engrossed,54,1414 2. Property subject to taxation under s. 76.025 (2).
AB245-engrossed,54,1715 (c) A taxing jurisdiction may include the most recent valuation of personal
16property described under par. (a) that is located in the taxing jurisdiction for
17purposes of complying with debt limitations applicable to the jurisdiction.
AB245-engrossed,77 18Section 77 . 70.119 (3) (c) of the statutes is amended to read:
AB245-engrossed,54,2219 70.119 (3) (c) “Municipality" means cities, villages, towns, counties, and
20metropolitan sewerage districts with general taxing authority, except that for
21distributions after December 31, 2023, “municipality” does not include counties and
22metropolitan sewerage districts
.
AB245-engrossed,78 23Section 78 . 70.13 (1) of the statutes is amended to read:
AB245-engrossed,55,524 70.13 (1) All For assessments made before January 1, 2024, all personal
25property shall be assessed in the assessment district where the same is located or

1customarily kept except as otherwise specifically provided. Personal property in
2transit within the state on the first day of January shall be assessed in the district
3in which the same is intended to be kept or located, and personal property having no
4fixed location shall be assessed in the district where the owner or the person in charge
5or possession thereof resides, except as provided in sub. (5).
AB245-engrossed,79 6Section 79 . 70.13 (2) of the statutes is amended to read:
AB245-engrossed,55,137 70.13 (2) Saw For assessments made before January 1, 2024, saw logs or timber
8in transit, which are to be sawed or manufactured in any mill in this state, shall be
9deemed located and shall be assessed in the district in which such mill is located.
10Saw logs or timber shall be deemed in transit when the same are being transported
11either by water or rail, but when such logs or timber are banked, decked, piled or
12otherwise temporarily stored for transportation in any district, they shall be deemed
13located, and shall be assessed in such district.
AB245-engrossed,80 14Section 80 . 70.13 (3) of the statutes is amended to read:
AB245-engrossed,56,215 70.13 (3) On For assessments made before January 1, 2024, on or before the
16tenth day of January in each year the owner of logs or timber in transit shall furnish
17the assessor of the district in which the mill at which the logs or timber will be sawed
18or manufactured is located a verified statement of the amount, character and value
19of all the logs and timber in transit on the first day of January preceding, and the
20owner of the logs or timber shall furnish to the assessor of the district in which the
21logs and timber were located on the first day of January preceding, a like verified
22statement of the amount, character and value thereof. Any assessment made in
23accordance with the owner's statement shall be valid and binding on the owner
24notwithstanding any subsequent change as to the place where the same may be
25sawed or manufactured. If the owner of the logs or timber shall fail or refuse to

1furnish the statement herein provided for, or shall intentionally make a false
2statement, that owner shall be subject to the penalties prescribed by s. 70.36.
AB245-engrossed,81 3Section 81 . 70.13 (7) of the statutes is amended to read:
AB245-engrossed,56,194 70.13 (7) Saw For assessments made before January 1, 2024, saw logs or timber
5removed from public lands during the year next preceding the first day of January
6or having been removed from such lands and in transit therefrom on the first day of
7January, shall be deemed located and assessed in the assessment district wherein
8such public lands are located and shall be assessed in no other assessment district.
9Saw logs or timber shall be deemed in transit when the same are being transported.
10On or before January 10 in each year the owner of such logs or timber shall furnish
11the assessor of the assessment district wherein they are assessable a verified
12statement of the amount, character and value of all such logs and timber. If the
13owner of any such logs or timber shall fail or refuse to furnish such statement or shall
14intentionally make a false statement, he or she is subject to the penalties prescribed
15by s. 70.36. This subsection shall supersede any provision of law in conflict
16therewith. The term “owner" as used in this subsection is deemed to mean the person
17owning the logs or timber at the time of severing. “Public lands" as used in this
18subsection shall mean lands owned by the United States of America, the state of
19Wisconsin or any political subdivision of this state.
AB245-engrossed,82 20Section 82 . 70.15 (2) of the statutes is amended to read:
AB245-engrossed,57,721 70.15 (2) The owner of any steam vessel, barge, boat or other water craft,
22hailing from any port of this state, “and so employed regularly in interstate traffic,"
23desiring to comply with the terms of this section, shall annually, on or before the first
24day of January, file with the clerk of such town, village or city a verified statement,
25in writing, containing the name, port of hail, tonnage and name of owner of such

1steam vessel, barge, boat or other water craft, and shall thereupon pay into the said
2treasury of such town, village or city a sum equal to one cent per net ton of the
3registered tonnage of said vessel, and the treasurer shall thereupon issue a receipt.
4All vessels, boats or other water craft not regularly employed in interstate traffic and
5all private yachts or pleasure boats belonging to inhabitants of this state, whether
6at home or abroad, shall be taxed as personal property for taxes levied before
7January 1, 2024
.
AB245-engrossed,83 8Section 83 . 70.17 (1) of the statutes is amended to read:
AB245-engrossed,57,179 70.17 (1) Real property shall be entered in the name of the owner, if known to
10the assessor, otherwise to the occupant thereof if ascertainable, and otherwise
11without any name. The person holding the contract or certificate of sale of any real
12property contracted to be sold by the state, but not conveyed, shall be deemed the
13owner for such purpose. The undivided real estate of any deceased person may be
14entered to the heirs of such person without designating them by name. The real
15estate of an incorporated company shall be entered in the same manner as that of an
16individual. Improvements on leased lands may be assessed either as real property
17or personal property.
AB245-engrossed,84 18Section 84 . 70.17 (3) of the statutes is created to read:
AB245-engrossed,58,1119 70.17 (3) Beginning with the property tax assessments as of January 1, 2024,
20manufactured and mobile homes, not otherwise exempt from taxation under s.
2166.0435 (3), buildings, improvements, and fixtures on leased lands, buildings,
22improvements, and fixtures on exempt lands, buildings, improvements, and fixtures
23on forest croplands, and buildings, improvements, and fixtures on managed forest
24lands shall be assessed as real property. If buildings, improvements, and fixtures,
25but not the underlying land, are leased to a person other than the landowner or if the

1buildings, improvements, and fixtures are owned by a person other than the
2landowner, the assessor may create a separate tax parcel for the buildings,
3improvements, and fixtures and assess the buildings, improvements, and fixtures as
4real property to the owner of the buildings, improvements, and fixtures. The
5assessor may also create a tax parcel, as provided under s. 70.27, for buildings,
6improvements, and fixtures on exempt lands, buildings, improvements, and fixtures
7on forest croplands, and buildings, improvements, and fixtures on managed forest
8lands and assess the buildings, improvements, and fixtures as real property to the
9owner of the buildings, improvements, and fixtures. For purposes of this subsection,
10“buildings, improvements and fixtures" does not include any property defined in s.
1170.04.
AB245-engrossed,85 12Section 85 . 70.174 of the statutes is amended to read:
AB245-engrossed,58,17 1370.174 Improvements on government-owned land. Improvements made
14by any person on land within this state owned by the United States may shall be
15assessed either as real or personal property to the person making the same, if
16ascertainable, and otherwise to the occupant thereof or the person receiving benefits
17therefrom
, as provided under s. 70.17 (3).
AB245-engrossed,86 18Section 86 . 70.18 (1) of the statutes is amended to read:
AB245-engrossed,59,519 70.18 (1) Personal For assessments made before January 1, 2024, personal
20property shall be assessed to the owner thereof, except that when it is in the charge
21or possession of some person other than the owner it may be assessed to the person
22so in charge or possession of the same. Telegraph and telephone poles, posts, railroad
23ties, lumber, and all other manufactured forest products shall be deemed to be in the
24charge or possession of the person in occupancy or possession of the premises upon
25which the same shall be stored or piled, and the same shall be assessed to such

1person, unless the owner or some other person residing in the same assessment
2district, shall be actually and actively in charge and possession thereof, in which case
3it shall be assessed to such resident owner or other person so in actual charge or
4possession; but nothing contained in this subsection shall affect or change the rules
5prescribed in s. 70.13 respecting the district in which such property shall be assessed.
AB245-engrossed,87 6Section 87 . 70.18 (2) of the statutes is amended to read:
AB245-engrossed,59,127 70.18 (2) Goods For assessments made before January 1, 2024, goods, wares
8and merchandise in storage in a commercial storage warehouse or on a public wharf
9shall be assessed to the owner thereof and not to the warehouse or public wharf, if
10the operator of the warehouse or public wharf furnishes to the assessor the names
11and addresses of the owners of all goods, wares and merchandise not exempt from
12taxation.
AB245-engrossed,88 13Section 88 . 70.19 of the statutes is amended to read:
AB245-engrossed,59,23 1470.19 Assessment, how made; liability and rights of representative. (1)
15When For assessments made before January 1, 2024, when personal property is
16assessed under s. 70.18 (1) to a person in charge or possession of the personal
17property other than the owner, the assessment of that personal property shall be
18entered upon the assessment roll separately from the assessment of that person's
19own personal property, adding to the person's name upon the tax roll words briefly
20indicating that the assessment is made to the person as the person in charge or
21possession of the property. The failure to enter the assessment separately or to
22indicate the representative capacity or other relationship of the person assessed
23shall not affect the validity of the assessment.
AB245-engrossed,60,13 24(2) The For assessments made before January 1, 2024, the person assessed
25under sub. (1) and s. 70.18 (1) is personally liable for the tax on the property. The

1person assessed under sub. (1) and s. 70.18 (1) has a personal right of action against
2the owner of the property for the amount of the taxes; has a lien for that amount upon
3the property with the rights and remedies for the preservation and enforcement of
4that lien as provided in ss. 779.45 and 779.48; and is entitled to retain possession of
5the property until the owner of the property pays the tax on the property or
6reimburses the person assessed for the tax. The lien and right of possession relate
7back and exist from the time that the assessment is made, but may be released and
8discharged by giving to the person assessed such undertaking or other indemnity as
9the person accepts or by giving the person assessed a bond in the amount and with
10the sureties as is directed and approved by the circuit court of the county in which
11the property is assessed, upon 8 days' notice to the person assessed. The bond shall
12be conditioned to hold the person assessed free and harmless from all costs, expense,
13liability, or damage by reason of the assessment.
AB245-engrossed,89 14Section 89 . 70.20 of the statutes is amended to read:
AB245-engrossed,61,3 1570.20 Owner's liability when personalty assessed to another; action to
16collect.
(1) When For assessments made before January 1, 2024, when personal
17property shall be assessed to some person in charge or possession thereof, other than
18the owner, such owner as well as the person so in charge or possession shall be liable
19for the taxes levied pursuant to such assessment; and the liability of such owner may
20be enforced in a personal action as for a debt. Such action may be brought in the name
21of the town, city or village in which such assessment was made, if commenced before
22the time fixed by law for the return of delinquent taxes, by direction of the treasurer
23or tax collector of such town, city or village. If commenced after such a return, it shall
24be brought in the name of the county or other municipality to the treasurer or other
25officer of which such return shall be made, by direction of such treasurer or other

1officer. Such action may be brought in any court of this state having jurisdiction of
2the amount involved and in which jurisdiction may be obtained of the person of such
3owner or by attachment of the property of such owner.
AB245-engrossed,61,13 4(2) The For assessments made before January 1, 2024, the remedy of
5attachment may be allowed in such action upon filing an affidavit of the officer by
6whose direction such action shall be brought, showing the assessment of such
7property in the assessment district, the amount of tax levied pursuant thereto, that
8the defendant was the owner of such property at the time as of which the assessment
9thereof was made, and that such tax remains unpaid in whole or in part, and the
10amount remaining unpaid. The proceedings in such actions and for enforcement of
11the judgment obtained therein shall be the same as in ordinary actions for debt as
12near as may be, but no property shall be exempt from attachment or execution issued
13upon a judgment against the defendant in such action.
AB245-engrossed,61,24 14(3) The For assessments made before January 1, 2024, and taxes levied before
15January 1, 2024, the
assessment and tax rolls in which such assessment and tax
16shall be entered shall be prima facie evidence of such assessment and tax and of the
17justice and regularity thereof; and the same, with proof of the ownership of such
18property by the defendant at the time as of which the assessment was made and of
19the nonpayment of such tax, shall be sufficient to establish the liability of the
20defendant. Such liability shall not be affected and such action shall not be defeated
21by any omission or irregularity in the assessment or tax proceedings not affecting the
22substantial justice and equity of the tax. The provisions of this section shall not
23impair or affect the remedies given by other provisions of law for the collection or
24enforcement of such tax against the person to whom the property was assessed.
AB245-engrossed,90 25Section 90 . 70.21 (1) of the statutes is amended to read:
AB245-engrossed,62,5
170.21 (1) Except For assessments made before January 1, 2024, except as
2provided in sub. (2), the personal property of a partnership may be assessed in the
3names of the persons composing the partnership, so far as known or in the firm name
4or title under which the partnership business is conducted, and each partner shall
5be liable for the taxes levied on the partnership's personal property.
AB245-engrossed,91 6Section 91 . 70.21 (1m) (intro.) of the statutes is amended to read:
AB245-engrossed,62,97 70.21 (1m) (intro.) Undistributed For assessments made before January 1,
82024, undistributed
personal property belonging to the estate of a decedent shall be
9assessed as follows:
AB245-engrossed,92 10Section 92 . 70.21 (2) of the statutes is amended to read:
AB245-engrossed,62,1411 70.21 (2) The For assessments made before January 1, 2024, the personal
12property of a limited liability partnership shall be assessed in the name of the
13partnership, and each partner shall be liable for the taxes levied thereon only to the
14extent permitted under s. 178.0306.
AB245-engrossed,93 15Section 93 . 70.22 (1) of the statutes is amended to read:
AB245-engrossed,63,216 70.22 (1) In For assessments made before January 1, 2024, in case one or more
17of 2 or more personal representatives or trustees of the estate of a decedent who died
18domiciled in this state are not residents of the state, the taxable personal property
19belonging to the estate shall be assessed to the personal representatives or trustees
20residing in this state. In case there are 2 or more personal representatives or trustees
21of the same estate residing in this state, but in different taxation districts, the
22assessment of the taxable personal property belonging to the estate shall be in the
23names of all of the personal representatives or trustees of the estate residing in this
24state. In case no personal representative or trustee resides in this state, the taxable
25personal property belonging to the estate may be assessed in the name of the

1personal representative or trustee, or in the names of all of the personal
2representatives or trustees if there are more than one, or in the name of the estate.
AB245-engrossed,94 3Section 94 . 70.22 (2) (a) of the statutes is amended to read:
AB245-engrossed,63,84 70.22 (2) (a) The For taxes levied before January 1, 2024, the taxes imposed
5pursuant to an assessment under sub. (1) may be enforced as a claim against the
6estate, upon presentation of a claim for the taxes by the treasurer of the taxation
7district to the court in which the proceedings for the probate of the estate are
8pending. Upon due proof, the court shall allow and order the claim to be paid.
AB245-engrossed,95 9Section 95 . 70.27 (1) of the statutes is amended to read:
AB245-engrossed,64,610 70.27 (1) Who may order. Whenever any area of platted or unplatted land or
11land and the buildings, improvements, and fixtures on that land
is owned by 2 or
12more persons in severalty, and when in the judgment of the governing body having
13jurisdiction, the description of one or more of the different parcels thereof cannot be
14made sufficiently certain and accurate for the purposes of assessment, taxation, or
15tax title procedures without noting the correct metes and bounds of the same, or
16when such gross errors exist in lot measurements or locations that difficulty is
17encountered in locating new structures, public utilities, or streets, such governing
18body may cause a plat to be made for such purposes. Such plat shall be called
19“assessor's plat," and shall plainly define the boundary of each parcel, building,
20improvement, and fixture,
and each street, alley, lane, or roadway, or dedication to
21public or special use, as such is evidenced by the records of the register of deeds or
22a court of record. Such plats in cities may be ordered by the city council, in villages
23by the village board, in towns by the town board, or the county board. A plat or part
24of a plat included in an assessor's plat shall be deemed vacated to the extent it is
25included in or altered by an assessor's plat. The actual and necessary costs and

1expenses of making assessors' plats shall be paid out of the treasury of the city,
2village, town, or county whose governing body ordered the plat, and all or any part
3of such cost may be charged to the land, without inclusion of improvements, so
4platted in the proportion that the last assessed valuation of each parcel bears to the
5last assessed total valuation of all lands property included in the assessor's plat, and
6collected as a special assessment on such land property, as provided by s. 66.0703.
AB245-engrossed,96 7Section 96 . 70.27 (3) (a) of the statutes is amended to read:
AB245-engrossed,64,228 70.27 (3) (a) Reference to any land, or land and the buildings, improvements,
9and fixtures on that land
as it the reference appears on a recorded assessor's plat is
10deemed sufficient for purposes of assessment and taxation. Conveyance may be
11made by reference to such plat and shall be as effective to pass title to the land so
12described as it would be if the same premises had been described by metes and
13bounds. Such plat or record thereof shall be received in evidence in all courts and
14places as correctly describing the several parcels of land or land and the buildings,
15improvements, and fixtures on that land
therein designated. After an assessor's plat
16has been made and recorded with the register of deeds as provided by this section,
17all conveyances of lands or land and the buildings, improvements, and fixtures on
18that land
included in such assessor's plat shall be by reference to such plat. Any
19instrument dated and acknowledged after September 1, 1955, purporting to convey,
20mortgage, or otherwise give notice of an interest in land or land and the buildings,
21improvements, and fixtures on that land
that is within or part of an assessor's plat
22shall describe the affected land by the name of the assessor's plat, lot, block, or outlot.
AB245-engrossed,97 23Section 97 . 70.27 (4) of the statutes is amended to read:
AB245-engrossed,65,1124 70.27 (4) Amendments. Amendments or corrections to an assessor's plat may
25be made at any time by the governing body by recording with the register of deeds

1a plat of the area affected by such amendment or correction, made and authenticated
2as provided by this section. It shall not be necessary to refer to any amendment of
3the plat, but all assessments or instruments wherein any parcel of land is or land and
4the buildings, improvements, and fixtures on that land are
described as being in an
5assessor's plat, shall be construed to mean the assessor's plat of lands or land and
6the buildings, improvements, and fixtures on that land
with its amendments or
7corrections as it stood on the date of making such assessment or instrument, or such
8plats may be identified by number. This subsection does not prohibit the division of
9lands or land and the buildings, improvements, and fixtures on that land that are
10included in an assessor's plat by subdivision plat, as provided in s. 236.03, or by
11certified survey map, as provided in s. 236.34.
AB245-engrossed,98 12Section 98 . 70.27 (5) of the statutes is amended to read:
AB245-engrossed,66,1713 70.27 (5) Surveys, reconciliations. The surveyor making the plat shall be a
14professional land surveyor licensed under ch. 443 and shall survey and lay out the
15boundaries of each parcel, building, improvement, fixture, street, alley, lane,
16roadway, or dedication to public or private use, according to the records of the register
17of deeds, and whatever evidence that may be available to show the intent of the buyer
18and seller, in the chronological order of their conveyance or dedication, and set
19temporary monuments to show the results of such survey which shall be made
20permanent upon recording of the plat as provided for in this section. The map shall
21be at a scale of not more than 100 feet per inch, unless waived in writing by the
22department of administration under s. 236.20 (2) (L). The owners of record of lands
23or the land and the buildings, improvements, and fixtures on that land in the plat
24shall be notified by certified letter mailed to their last-known addresses, in order
25that they shall have opportunity to examine the map, view the temporary

1monuments, and make known any disagreement with the boundaries as shown by
2the temporary monuments. It is the duty of the professional land surveyor making
3the plat to reconcile any discrepancies that may be revealed so that the plat as
4certified to the governing body is in conformity with the records of the register of
5deeds as nearly as is practicable. When boundary lines between adjacent parcels, as
6evidenced on the ground, are mutually agreed to in writing by the owners of record,
7those lines shall be the true boundaries for all purposes thereafter, even though they
8may vary from the metes and bounds descriptions previously of record. Such written
9agreements shall be recorded in the office of the register of deeds. On every assessor's
10plat, as certified to the governing body, shall appear the document number of the
11record and, if given on the record, the volume and page where the record is recorded
12for the record that contains the metes and bounds description of each parcel, as
13recorded in the office of the register of deeds, which shall be identified with the
14number by which such parcel is designated on the plat, except that a lot that has been
15conveyed or otherwise acquired but upon which no deed is recorded in the office of
16register of deeds may be shown on an assessor's plat and when so shown shall contain
17a full metes and bounds description.
AB245-engrossed,99 18Section 99 . 70.27 (7) (b) of the statutes is amended to read:
AB245-engrossed,66,2419 70.27 (7) (b) A clear and concise description of the land or the land and the
20buildings, improvements, and fixtures on that land
so surveyed and mapped, by
21government lot, quarter quarter-section, township, range and county, or if located
22in a city or village or platted area, then according to the plat; otherwise by metes and
23bounds beginning with some corner marked and established in the United States
24land survey.
AB245-engrossed,100 25Section 100 . 70.29 of the statutes is amended to read:
AB245-engrossed,67,9
170.29 Personalty, how entered. The For assessments made before January
21, 2024, the
assessor shall place in one distinct and continuous part of the assessment
3roll all the names of persons assessed for personal property, with a statement of such
4property in each village in the assessor's assessment district, and foot up the
5valuation thereof separately; otherwise the assessor shall arrange all names of
6persons assessed for personal property on the roll alphabetically so far as convenient.
7The assessor shall also place upon the assessment roll, in a separate column and
8opposite the name of each person assessed for personal property, the number of the
9school district in which such personal property is subject to taxation.
AB245-engrossed,101 10Section 101 . 70.30 (intro.) of the statutes is amended to read:
AB245-engrossed,67,16 1170.30 Aggregate values. (intro.) Every For assessments made before
12January 1, 2024, every
assessor shall ascertain and set down in separate columns
13prepared for that purpose on the assessment roll and opposite to the names of all
14persons assessed for personal property the number and value of the following named
15items of personal property assessed to such person, which shall constitute the
16assessed valuation of the several items of property therein described, to wit:
AB245-engrossed,102 17Section 102 . 70.34 of the statutes is amended to read:
AB245-engrossed,68,4 1870.34 Personalty. All For assessments made before January 1, 2024, all
19articles of personal property shall, as far as practicable, be valued by the assessor
20upon actual view at their true cash value; and after arriving at the total valuation
21of all articles of personal property which the assessor shall be able to discover as
22belonging to any person, if the assessor has reason to believe that such person has
23other personal property or any other thing of value liable to taxation, the assessor
24shall add to such aggregate valuation of personal property an amount which, in the
25assessor's judgment, will render such aggregate valuation a just and equitable

1valuation of all the personal property liable to taxation belonging to such person. In
2carrying out the duties imposed on the assessor by this section, the assessor shall act
3in the manner specified in the Wisconsin property assessment manual provided
4under s. 73.03 (2a).
AB245-engrossed,103 5Section 103 . 70.345 of the statutes is amended to read:
AB245-engrossed,68,13 670.345 Legislative intent; department of revenue to supply
7information.
The For assessments made before January 1, 2024, the assessor shall
8exercise particular care so that personal property as a class on the assessment rolls
9bears the same relation to statutory value as real property as a class. To assist the
10assessor in determining the true relationship between real estate and personal
11property the department of revenue shall make available to local assessors
12information including figures indicating the relationship between personal property
13and real property on the last assessment rolls.
AB245-engrossed,104 14Section 104 . 70.35 (1) of the statutes is amended to read:
AB245-engrossed,68,2415 70.35 (1) To For assessments made before January 1, 2024, to determine the
16amount and value of any personal property for which any person, firm, or corporation
17should be assessed, any assessor may examine such person or the managing agent
18or officer of any firm or corporation under oath as to all such items of personal
19property, the taxable value thereof as defined in s. 70.34 if the property is taxable.
20In the alternative the assessor may require such person, firm, or corporation to
21submit a return of such personal property and of the taxable value thereof. There
22shall be annexed to such return the declaration of such person or of the managing
23agent or officer of such firm or corporation that the statements therein contained are
24true.
AB245-engrossed,105 25Section 105 . 70.35 (2) of the statutes is amended to read:
AB245-engrossed,69,11
170.35 (2) The For assessments made before January 1, 2024, the return shall
2be made and all the information therein requested given by such person on a form
3prescribed by the assessor with the approval of the department of revenue which
4shall provide suitable schedules for such information bearing on value as the
5department deems necessary to enable the assessor to determine the true cash value
6of the taxable personal property that is owned or in the possession of such person on
7January 1 as provided in s. 70.10. The return may contain methods of deriving
8assessable values from book values and for the conversion of book values to present
9values, and a statement as to the accounting method used. No person shall be
10required to take detailed physical inventory for the purpose of making the return
11required by this section.
AB245-engrossed,106 12Section 106 . 70.35 (3) of the statutes is amended to read:
AB245-engrossed,69,2013 70.35 (3) Each For assessments made before January 1, 2024, each return shall
14be filed with the assessor on or before March 1 of the year in which the assessment
15provided by s. 70.10 is made. The assessor, for good cause, may allow a reasonable
16extension of time for filing the return. All returns filed under this section shall be
17the confidential records of the assessor's office, except that the returns shall be
18available for use before the board of review as provided in this chapter. No return
19required under this section is controlling on the assessor in any respect in the
20assessment of any property.
AB245-engrossed,107 21Section 107 . 70.35 (4) of the statutes is amended to read:
AB245-engrossed,70,322 70.35 (4) Any For assessments made before January 1, 2024, any person, firm
23or corporation who refuses to so testify or who fails, neglects or refuses to make and
24file the return of personal property required by this section shall be denied any right
25of abatement by the board of review on account of the assessment of such personal

1property unless such person, firm, or corporation shall make such return to such
2board of review together with a statement of the reasons for the failure to make and
3file the return in the manner and form required by this section.
AB245-engrossed,108 4Section 108 . 70.35 (5) of the statutes is amended to read:
AB245-engrossed,70,85 70.35 (5) In For assessments made before January 1, 2024, in the event that
6the assessor or the board of review should desire further evidence they may call upon
7other persons as witnesses to give evidence under oath as to the items and value of
8the personal property of any such person, firm or corporation.
AB245-engrossed,109 9Section 109 . 70.36 (1) of the statutes is amended to read:
AB245-engrossed,70,1910 70.36 (1) Any For assessments made before January 1, 2024, any person in this
11state owning or holding any personal property that is subject to assessment,
12individually or as agent, trustee, guardian, personal representative, assignee, or
13receiver or in some other representative capacity, who intentionally makes a false
14statement to the assessor of that person's assessment district or to the board of
15review of the assessment district with respect to the property, or who omits any
16property from any return required to be made under s. 70.35, with the intent of
17avoiding the payment of the just and proportionate taxes on the property, shall forfeit
18the sum of $10 for every $100 or major fraction of $100 so withheld from the
19knowledge of the assessor or board of review.
AB245-engrossed,110 20Section 110 . 70.36 (2) of the statutes is amended to read:
AB245-engrossed,71,421 70.36 (2) It For assessments made before January 1, 2024, it is hereby made
22the duty of the district attorney of any county, upon complaint made to the district
23attorney by the assessor or by a member of the board of review of the assessment
24district in which it is alleged that property has been so withheld from the knowledge
25of such assessor or board of review, or not included in any return required by s. 70.35,

1to investigate the case forthwith and bring an action in the name of the state against
2the person, firm or corporation so complained of. All forfeitures collected under the
3provisions of this section shall be paid into the treasury of the taxation district in
4which such property had its situs for taxation.
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