LRBb2677/1
MES:kmg:kjf
January 2002 Special Session
2001 - 2002 LEGISLATURE
ASSEMBLY AMENDMENT 27,
TO ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO ASSEMBLY BILL 1
March 14, 2002 - Offered by Representative Schneider.
AB1-ASA1-AA27,1,74
71.06
(4) Individual surtax, 2002 to 2004. (a) In this subsection, "income tax
5payable" means the income tax computed at the rates and brackets under subs. (1p)
6and (2) (g) and (h), as adjusted under sub. (2e), plus any tax that is payable under
7s. 71.08.
AB1-ASA1-AA27,2,28
(b) For taxable years beginning after December 31, 2001, and before January
91, 2005, there is imposed and there shall be assessed, levied, collected, and paid, in
10addition to and in the same manner as all other income taxes imposed under s. 71.02
11or 71.08, including those provisions relating to refunds, overpayments, interest, and
1penalties, a surtax to be paid by every individual who is subject to the tax imposed
2under s. 71.02 equal to 10% of that individual's income tax payable.
AB1-ASA1-AA27,2,113
(c) Any declarations of estimated tax payments that would have been due under
4s. 71.09 before July 1, 2002, solely because of this surtax shall be prorated equally
5among, and paid with, any payments that are due after June 30, 2002. Any penalty
6for underpayment of declaration of estimated taxes computed under s. 71.09 shall
7be computed on the basis that the surtax for the taxable year beginning after
8December 31, 2001, and before January 1, 2003, was required to be included only
9with installment payments due after June 30, 2002. The surtax is part of the tax for
10purposes of determining any underpayment or declaring estimated taxes under s.
1171.09.".
AB1-ASA1-AA27,2,1914
77.52
(1) For the privilege of selling, leasing or renting tangible personal
15property, including accessories, components, attachments, parts, supplies and
16materials, at retail a tax is imposed upon all retailers at the rate of
5% 6% of the gross
17receipts from the sale, lease or rental of tangible personal property, including
18accessories, components, attachments, parts, supplies and materials, sold, leased or
19rented at retail in this state.
AB1-ASA1-AA27,2,2421
77.52
(2) (intro.) For the privilege of selling, performing or furnishing the
22services described under par. (a) at retail in this state to consumers or users, a tax
23is imposed upon all persons selling, performing or furnishing the services at the rate
24of
5% 6% of the gross receipts from the sale, performance or furnishing of the services.
AB1-ASA1-AA27,3,102
77.53
(1) Except as provided in sub. (1m), an excise tax is levied and imposed
3on the use or consumption in this state of taxable services under s. 77.52 purchased
4from any retailer, at the rate of
5% 6% of the sales price of those services; on the
5storage, use or other consumption in this state of tangible personal property
6purchased from any retailer, at the rate of
5% 6% of the sales price of that property;
7and on the storage, use or other consumption of tangible personal property
8manufactured, processed or otherwise altered, in or outside this state, by the person
9who stores, uses or consumes it, from material purchased from any retailer, at the
10rate of
5% 6% of the sales price of that material.".
AB1-ASA1-AA27,3,17
12"
(4zo) Withholding, individual surtax. With regard to the department of
13revenue's responsibility to adjust the withholding tables under section 71.64 (9) (b)
14of the statutes, the tables shall be adjusted to reflect the surtax imposed under
15section 71.06 (4) of the statutes such that withholding that occurs on and after the
16first day of the 3rd month beginning after the effective date of this subsection
17accounts for the surtax.".
AB1-ASA1-AA27,3,21
19"
(4xo) Increase in sales and use tax rates. The treatment of sections 77.52 (1)
20and (2) (intro.) and 77.53 (1) of the statutes takes effect on the first day of the 2nd
21month beginning after publication.".
