LRBs0291/4
JK:cjs:jf
2003 - 2004 LEGISLATURE
ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO 2003 ASSEMBLY BILL 650
January 21, 2004 - Offered by
Committee on Ways and Means.
AB650-ASA1,1,3
1An Act to renumber and amend 70.32 (2) (c) 1d.; and
to create 70.32 (2) (c)
21d. b. and 70.32 (2) (c) 1d. c. of the statutes;
relating to: the definition of
3agricultural forest land for property tax purposes.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB650-ASA1,1,86
70.32
(2) (c) 1d. (intro.) "Agricultural forest land" means land that is producing
7or is capable of producing commercial forest products
and is, if the land satisfies any
8of the following conditions:
AB650-ASA1,1,12
9a. It is contiguous to a parcel that has been classified in whole as agricultural
10land under this subsection, if the contiguous parcel is owned by the same person that
11owns the land that is producing or is capable of producing commercial forest
12products. In this subdivision, "contiguous" includes separated only by a road.
AB650-ASA1, s. 2
1Section
2. 70.32 (2) (c) 1d. b. of the statutes is created to read:
AB650-ASA1,2,42
70.32
(2) (c) 1d. b. It is located on a parcel that contains land that is classified
3as agricultural land in the property tax assessment on January 1, 2004, and on
4January 1 of the year of assessment.
AB650-ASA1, s. 3
5Section
3. 70.32 (2) (c) 1d. c. of the statutes is created to read:
AB650-ASA1,2,86
70.32
(2) (c) 1d. c. It is located on a parcel at least 50 percent of which, by
7acreage, was converted to land that is classified as agricultural land in the property
8tax assessment on January 1, 2005, or thereafter.
AB650-ASA1,2,1010
(1) This act first applies to the property tax assessments as of January 1, 2005.
