Amendment AA3-AB89

LRBa0478/1

JK:wlj:rs

2003 - 2004 LEGISLATURE

ASSEMBLY AMENDMENT 3, TO 2003 ASSEMBLY BILL 89

April 29, 2003 - Offered by Representative M. Lehman.

AB89-AA3,1,1 At the locations indicated, amend the bill as follows:

AB89-AA3,1,3 1. Page 3, line 8: delete "A municipality" and substitute "Except as provided in par. (bn), a municipality".

AB89-AA3,1,4 2. Page 3, line 17: after that line insert:

AB89-AA3,1,5 " Section 3m. 70.511 (2) (bn) of the statutes is created to read:

AB89-AA3,1,10 70.511 (2) (bn) A municipality that does not satisfy the conditions for paying installments under par. (bm), may pay a refund under par. (b) of the taxes on property that is assessed under s. 70.995 in 5 annual installments, as provided in par. (bm) (intro.), if the municipality is required to pay 3 or more refunds under par. (b) in the same calendar year and if each such refund exceeds $10,000.".

AB89-AA3,1,13 3. Page 3, line 20: delete lines 20 and 21 and substitute "of administration shall pay to each municipality that pays a refund under par. (b), (bm), or (bn) for property that is assessed by the state under s. 70.995 an".

AB89-AA3,2,1 4. Page 4, line 4: delete " par. (cm)" and substitute "pars. (cm) and (cn)".

AB89-AA3,2,3 5. Page 4, line 7: delete "A municipality" and substitute "Except as provided in par. (cn), a municipality".

AB89-AA3,2,4 6. Page 4, line 16: after that line insert:

AB89-AA3,2,5 " Section 6m. 74.35 (3) (cn) of the statutes is created to read:

AB89-AA3,2,10 74.35 (3) (cn) A municipality that does not satisfy the conditions for paying installments under par. (cm), may pay a refund under par. (c) of the taxes on property that is assessed under s. 70.995 in 5 annual installments, as provided in par. (cm) (intro.), if the municipality is required to pay 3 or more refunds under par. (c) in the same calendar year and if each such refund exceeds $10,000.".

AB89-AA3,2,11 7. Page 4, line 22: delete " par. (cm)" and substitute "pars. (cm) and (cn)".

AB89-AA3,2,13 8. Page 5, line 1: delete "A municipality" and substitute "Except as provided in par. (cn), a municipality".

AB89-AA3,2,14 9. Page 5, line 10: after that line insert:

AB89-AA3,2,15 " Section 8m. 74.37 (3) (cn) of the statutes is created to read:

AB89-AA3,2,20 74.37 (3) (cn) A municipality that does not satisfy the conditions for paying installments under par. (cm), may pay a refund under par. (c) of the taxes on property that is assessed under s. 70.995 in 5 annual installments, as provided in par. (cm) (intro.), if the municipality is required to pay 3 or more refunds under par. (c) in the same calendar year and if each such refund exceeds $10,000.".

AB89-AA3,2,21 10. Page 5, line 12: after "(bm)," insert "(bn),".

AB89-AA3,3,2 11. Page 5, line 13: delete that line and substitute "(c), (cm), and (cn), and 74.37 (3) (c), (cm), and (cn) of the statutes first applies to refunds of taxes".

AB89-AA3,3,3 (End)