AB133-ASA1-AA2-AA22,9,2120
(c)
Limitations, general. 1. No credit may be allowed under this subsection
21unless it is claimed within the time period under s. 71.75 (2).
AB133-ASA1-AA2-AA22,9,2322
2. Part-year residents and nonresidents of this state are not eligible to claim
23the credit under this subsection.
AB133-ASA1-AA2-AA22,9,2524
(d)
Property taxes accrued limitations. The maximum property taxes accrued,
25or rent constituting property taxes accrued, or both, that may be used in calculating
1the credit under par. (b), with respect to any one household, may not exceed $2,000
2in 1999 or any subsequent calendar year, except that if the claimant is married and
3files a separate return the maximum property taxes accrued, or rent constituting
4property taxes accrued, or both, that may be used in calculating the credit under par.
5(b), with respect to any one household, may not exceed $1,000.
AB133-ASA1-AA2-AA22,10,106
(e)
Administration. The department may enforce the credit under this
7subsection and may take any action, conduct any proceeding and proceed as it is
8authorized in respect to taxes under this chapter. The income tax provisions in this
9chapter relating to assessments, refunds, appeals, collection, interest and penalties
10apply to the credit under this subsection.".".
AB133-ASA1-AA2-AA22,10,1817
71.10
(4) (cn) Property tax refund credit under s. 71.07 (7m), to the extent that
18the credit is nonrefundable.".".
AB133-ASA1-AA2-AA22,10,23
22"605g. Page 851, line 17: delete the material beginning with that line and
23ending with page 852, line 2.
AB133-ASA1-AA2-AA22,11,7
6"632e. Page 944, line 22: delete the material beginning with that line and
7ending with page 945, line 13.
AB133-ASA1-AA2-AA22,11,1210
71.55
(11) Sunset. No new claim may be filed under this subchapter for a
11taxable year that begins after December 31, 1999, based on property taxes accrued
12in the previous year.".
AB133-ASA1-AA2-AA22,11,14
13632s. Page 946, line 4: delete the material beginning with that line and ending
14with page 947, line 20.".
AB133-ASA1-AA2-AA22,12,2
22"
(14z) Property tax refund credit. The treatment of sections 20.835 (2) (e),
2371.07 (7m), 71.08 (1) (intro.) (as it applies to the property tax refund credit) and 71.10
1(4) (cn) and (i) of the statutes first applies to taxable years beginning on January 1,
21999.".".