AB557-ASA1-AA7,2,26
76.02
(10) The property taxable under s. 76.13 shall include all franchises, and
7all real and personal property of the company used or employed in the operation of
8its business, except such motor vehicles as are exempt under s. 70.112 (5) and
9treatment plant and pollution abatement equipment exempt under s. 70.11 (21) (a)
10and, in the case of railroad companies, rolling stock. The taxable property shall
11include all title and interest of the company referred to in such property as owner,
12lessee or otherwise, and in case any portion of the property is jointly used by 2 or more
13companies, the unit assessment shall include and cover a proportionate share of that
14portion of the property jointly used so that the assessments of the property of all
15companies having any rights, title or interest of any kind or nature whatsoever in any
1such property jointly used shall, in the aggregate, include only one total full value
2of such property.
AB557-ASA1-AA7,2,84
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
, but excluding property that is exempt under s.
776.02 (10), shall be deemed personal property for the purposes of taxation, and shall
8be valued and assessed together as a unit.
AB557-ASA1-AA7,2,1610
76.07
(1) Duty of department. The department on or before August 1 in each
11year in the case of railroad companies and sleeping car companies, and on or before
12September 15 in the case of air carrier companies, telephone companies,
13conservation and regulation companies and pipeline companies, shall, according to
14its best knowledge and judgment, ascertain and determine the full market value of
15the property
, except the rolling stock of railroad companies, of each company within
16the state.
AB557-ASA1-AA7,3,1218
76.07
(2) Relation to state valuation; description. The value of the property
19of each of said companies for assessment shall be made on the same basis and for the
20same period of time, as near as may be, as the value of the general property of the
21state is ascertained and determined. The department shall prepare an assessment
22roll and place thereon after the name of each of said companies assessed, the
23following general description of the property of such company, to wit: "Real estate,
24right-of-way, tracks, stations, terminals, appurtenances,
rolling stock, equipment,
25franchises and all other real estate and personal property of said company," in the
1case of railroads, and "Real estate, right-of-way, poles, wires, conduits, cables,
2devices, appliances, instruments, franchises and all other real and personal property
3of said company," in the case of conservation and regulation companies, and "Real
4estate, appurtenances, rolling stock, equipment, franchises, and all other real estate
5and personal property of said company," in the case of sleeping car and air carrier
6companies, and "Land and land rights, structures, improvements, mains, pumping
7and regulation equipment, services, appliances, instruments, franchises and all
8other real and personal property of said company," in the case of pipeline companies,
9and "All property of the company used in the operation of the company's telephone
10business" in the case of telephone companies, which description shall be deemed and
11held to include the entire property and franchises of the company specified and all
12title and interest therein.
AB557-ASA1-AA7,3,1514
76.07
(4g) (a) 16. Multiply the fraction under subd. 15. by the full market value
15of the company's property
, except rolling stock, everywhere.".
AB557-ASA1-AA7,3,19
17"
(3x) Railroad rolling stock. The treatment of sections 76.02 (10), 76.03 (1),
18and 76.07 (1), (2) and (4g) (a) 16. of the statutes first applies to taxes due on the May
1910 after publication.".
