LRBs0114/1
JK:kjf:rs
2005 - 2006 LEGISLATURE
ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO 2005 ASSEMBLY BILL 129
May 11, 2005 - Offered by Committee on Ways and Means.
AB129-ASA1,1,4
1An Act to repeal 74.11 (10) (b) and 74.12 (9) (b);
to renumber 74.12 (9) (a);
to
2renumber and amend 74.11 (10) (a); and
to amend 74.11 (7), 74.11 (11) (a),
374.12 (7), 74.12 (8), 74.12 (10) and 74.12 (12) (a) of the statutes;
relating to: late
4payments of property tax installments and providing penalties.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB129-ASA1,1,106
74.11
(7) Delinquent first installment. If the first installment of taxes on real
7property or improvements on leased land is not paid on or before January 31, the
8entire amount of the
taxes remaining unpaid
installment is delinquent
as of and
9shall be paid, together with interest and penalties on the unpaid installment at the
10applicable rates under s. 74.47 (1) and (2) from February 1.
AB129-ASA1, s. 2
11Section
2. 74.11 (10) (a) of the statutes is renumbered 74.11 (10) and amended
12to read:
AB129-ASA1,2,5
174.11
(10) If all special assessments
to which an installment option does not
2pertain, special charges, special taxes and personal property taxes due under sub.
3(3) or (4) are not paid in full on or before the due date, the amounts unpaid are
4delinquent as of the day after the due date
of the first installment or of the lump-sum
5payment.
AB129-ASA1,2,198
74.11
(11) (a) All real property taxes, special charges
, and special taxes that
9become delinquent shall be paid, together with interest and penalties charged from
10the
preceding February 1 day after the date that the real property taxes, special
11charges, and special taxes are due, to the county treasurer
except that if any amount
12of the first installment remains delinquent on August 1 the entire amount of
13remaining unpaid taxes is delinquent and shall be paid together with interest and
14penalties charged from the proceeding February 1 and other amounts that remain
15delinquent on September 1 shall be paid with interest and penalties charged from
16the preceding February 1. All special assessments
to which an installment option
17does not pertain that become delinquent shall be paid, together with interest and
18penalties charged from the day after the due date
of the first installment or of the
19lump-sum payment.
AB129-ASA1,3,221
74.12
(7) Delinquent first installment. If the first installment of real
22property taxes, personal property taxes on improvements on leased land or special
23assessments to which an installment option pertains is not paid on or before January
2431, the
entire amount of the
remaining unpaid
taxes or special assessments to which
25an installment option pertains on that parcel installment is delinquent
as of and
1shall be paid, together with interest and penalties on the unpaid installment at the
2applicable rates under s. 74.47 (1) and (2) from February 1.
AB129-ASA1,3,184
74.12
(8) Delinquent 2nd or subsequent installment. If the 2nd or any
5subsequent installment payment of real property taxes, personal property taxes on
6improvements on leased land or special assessments to which an installment option
7pertains is not paid by the due date specified in the ordinance, the
entire amount of
8the
remaining unpaid
taxes or special assessments to which an installment
option
9pertains on that parcel is delinquent
as of the first day of the month after the
10payment is due and
shall be paid, together with interest and penalties
are due under
11sub. (10) on the unpaid installment at the applicable rate under s. 74.47 (1) and (2)
12from the day after the installment is due except that if any amount of a prior
13installment remains delinquent at the time that a subsequent installment becomes
14delinquent the entire amount of remaining unpaid taxes is delinquent and shall be
15paid together with interest and penalties charged from the day after the due date of
16the first installment at the applicable rate under s. 74.47 (1) and other amounts that
17remain delinquent on September 1 shall be paid with interest and penalties charged
18from the preceding February 1.
AB129-ASA1, s. 7
19Section
7. 74.12 (9) (a) of the statutes is renumbered 74.12 (9).
AB129-ASA1,4,222
74.12
(10) Payment of delinquent payments, interest and penalty. (a) All real
23property taxes, special assessments, special charges and special taxes that become
24delinquent and are paid on or before July 31, and all delinquent personal property
25taxes, whenever paid, shall be paid, together with interest and penalties charged
1from the
preceding February 1 day after real property taxes, special assessments,
2special charges, and special taxes are due, to the taxation district treasurer.
AB129-ASA1,4,133
(b) All real property taxes, special assessments, special charges and special
4taxes that become delinquent and are not paid under par. (a) shall be paid, together
5with interest and penalties charged from the
preceding February 1 day after real
6property taxes, special assessments, special charges, and special taxes are due, to the
7county treasurer
except that if any amount of a prior installment remains delinquent
8at the time that a subsequent installment becomes delinquent the entire amount of
9remaining unpaid taxes is delinquent and shall be paid together with interest and
10penalties charged from the day after the due date of the first installment at the
11applicable rate under s. 74.47 (1) and other amounts that remain delinquent on
12September 1 shall be paid with interest and penalties charged from the preceding
13February 1.
AB129-ASA1,5,215
74.12
(12) (a) The taxation district treasurer shall retain the tax roll and make
16collections through July 31. On or before August 15, the taxation district treasurer
17shall return the tax roll to the county treasurer. The county treasurer shall collect
18all returned delinquent real property taxes, special assessments, special charges
, 19and special taxes, together with interest and
penalty
penalties assessed from the
20previous February 1 day after real property taxes, special assessments, special
21charges, and special taxes are due, as provided under s. 74.47
except that if any
22amount of a prior installment remains delinquent at the time that a subsequent
23installment becomes delinquent the entire amount of remaining unpaid taxes is
24delinquent and shall be paid together with interest and penalties charged from the
25day after the due date of the first installment at the applicable rate under s. 74.47
1(1) and other amounts that remain delinquent on September 1 shall be paid with
2interest and penalties charged from the preceding February 1.
AB129-ASA1,5,54
(1)
This act first applies to taxes based on the assessment as of the January 1
5after publication.
