LRBa0717/1
JK:jld:ch
2003 - 2004 LEGISLATURE
SENATE AMENDMENT 1,
TO SENATE SUBSTITUTE AMENDMENT 2,
TO 2003 SENATE BILL 180
June 24, 2003 - Offered by Senators Decker, A. Lasee and Wirch.
SB180-SSA2-SA1,1,11 At the locations indicated, amend the substitute amendment as follows:
SB180-SSA2-SA1,1,3 21. Page 4, line 17: after "revenue" insert ", except as provided under sub.
3(2m),
".
SB180-SSA2-SA1,1,5 42. Page 4, line 22: after "depreciation," insert ", except as provided under sub.
5(2m), and less
".
SB180-SSA2-SA1,1,7 63. Page 4, line 25: after "depreciated," insert "except as provided under sub.
7(2m),
".
SB180-SSA2-SA1,1,8 84. Page 7, line 2: after "revenue" insert ", except as provided under sub. (2m),".
SB180-SSA2-SA1,1,10 95. Page 7, line 7: after "depreciation," insert ", except as provided under sub.
10(2m), and less
".
SB180-SSA2-SA1,2,2
16. Page 7, line 10: after "depreciated," insert "except as provided under sub.
2(2m),
".
SB180-SSA2-SA1,2,3 37. Page 7, line 21: after that line insert:
SB180-SSA2-SA1,2,4 4" Section 17m. 79.04 (2m) of the statutes is created to read:
SB180-SSA2-SA1,2,115 79.04 (2m) Beginning with the distribution in 2005 and in each year thereafter,
6for purposes of calculating payments to municipalities under sub. (1) and to counties
7under sub. (2), the net book value of a production plant is its net book value as
8determined for the distribution in 2005, except that the net book value of a
9production plant shall be increased by the value of any improvements to the
10production plant after December 31, 2005, that does result in the production plant
11being repowered.".
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