Amendment AP8 SA1-SSA1-SB1

LRBa2732/1

JTK:jlg&kmg:ijs

April 1998 Special Session

1997 - 1998 LEGISLATURE

SENATE AMENDMENT 1, TO SENATE SUBSTITUTE AMENDMENT 1, TO SENATE BILL 1

May 14, 1998 - Offered by Joint committee on Finance.

SB1-SSA1-SA1,1,1 At the locations indicated, amend the substitute amendment as follows:

SB1-SSA1-SA1,1,3 1. Page 94, line 24: delete the material beginning with that line and ending with page 95, line 14.

SB1-SSA1-SA1,1,5 2. Page 143, line 22: delete the material beginning with that line and ending with page 144, line 24, and substitute:

SB1-SSA1-SA1,2,9 "71.10 (3) (title) Campaign clean election system fund. (a) Every individual filing an income tax return who is required to do so, has a tax liability or is entitled to a tax refund may designate $1 for contribute $3 to the Wisconsin clean election campaign system fund for the use of eligible candidates under s. 11.50. If the individuals filing a joint return are required to do so, have a tax liability or are entitled to a tax refund, each individual may make a designation of $1 contribute $3 under this subsection. A contribution reduces an individual's refund that is otherwise payable. A contribution does not increase an individual's tax liability, but if an individual who makes a contribution has a tax liability, the individual shall remit an additional $3 with his or her tax payment. If an individual who makes a contribution has no tax liability or his or her refund is less than $3, the individual shall remit the amount contributed or the amount by which $3 exceeds the refund otherwise due with his or her tax return. If an individual indicates a contribution of $3 but does not remit an amount sufficient to make that contribution, the indication is ineffective and the secretary of revenue shall refund any amount remitted by the individual.

SB1-SSA1-SA1, s. 290 Section 290. 71.10 (3) (b) and (c) of the statutes are amended to read:

SB1-SSA1-SA1,2,21 71.10 (3) (b) The secretary of revenue shall provide a place for those designations contributions to the fund under par. (a) on the face of the individual income tax return and shall provide next to that place a statement that a designation will contribution does not increase tax liability but a contribution does reduce any refund otherwise payable. Annually on August 15, the secretary of revenue shall certify to the elections board, the department of administration and the state treasurer under s. 11.50 the total amount of designations contributions made during the preceding fiscal year. If any individual attempts to place any condition or restriction upon a designation contribution, that individual is deemed considered not to have made a designation contribution on his or her tax return and the secretary of revenue shall refund any amount remitted by the individual.".

SB1-SSA1-SA1,2,22 (End)