Amendment ASA1-AB498

LRBs0147/2

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2005 - 2006 LEGISLATURE

ASSEMBLY SUBSTITUTE AMENDMENT 1, TO 2005 ASSEMBLY BILL 498

June 16, 2005 - Offered by Committee on Housing.

AB498-ASA1,1,2 An Act to amend 70.11 (12) (a) of the statutes; relating to: a property tax exemption for property owned by Goodwill Industries.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB498-ASA1, s. 1 Section 1. 70.11 (12) (a) of the statutes is amended to read:

AB498-ASA1,2,2 70.11 (12) (a) Property owned by units which are organized in this state of the following organizations: the Salvation Army; Goodwill Industries; the Boy Scouts of America; the Boys' Clubs of America; the Girl Scouts or Camp Fire Girls; the Young Men's Christian Association, not exceeding 40 acres for property that is located outside the limit of any incorporated city or village and not exceeding 10 acres for property that is located inside the limit of any incorporated city or village; the Young Women's Christian Association, not exceeding 40 acres for property that is located outside the limit of any incorporated city or village and not exceeding 10 acres for property that is located inside the limit of any incorporated city or village; or any person as trustee for them of property used for the purposes of those organizations, provided no pecuniary profit results to any individual owner or member.

AB498-ASA1, s. 2 Section 2. Initial applicability.

AB498-ASA1,2,4 (1) This act first applies to property tax assessments as of January 1, 2005.

AB498-ASA1,2,5 (End)