LRBs0285/2
JK:jld:pg
2005 - 2006 LEGISLATURE
ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO 2005 ASSEMBLY BILL 614
November 8, 2005 - Offered by Representative Moulton.
AB614-ASA1,1,4
1An Act to renumber 74.29;
to amend 74.25 (1) (b) 1. and 74.30 (1) (i); and
to
2create 74.25 (1) (b) 3., 74.29 (2), 74.30 (1) (k) and 74.30 (2) (c) of the statutes;
3relating to: the settlement of personal property taxes on improvements to
4leased land.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB614-ASA1, s. 1
5Section
1. 74.25 (1) (b) 1. of the statutes is amended to read:
AB614-ASA1,1,126
74.25
(1) (b) 1.
Pay Except as provided in subd. 3., pay in full to each taxing
7jurisdiction within the district all personal property taxes included in the tax roll
8which have not previously been paid to, or retained by, that taxing jurisdiction,
9except that the treasurer shall pay the state's proportionate share to the county. As
10part of that distribution, the taxation district treasurer shall allocate to each tax
11incremental district within the taxation district its proportionate share of personal
12property taxes.
AB614-ASA1, s. 2
1Section
2. 74.25 (1) (b) 3. of the statutes is created to read:
AB614-ASA1,2,82
74.25
(1) (b) 3. Pay to each taxing jurisdiction within the district its
3proportionate share of taxes on improvements on leased land, except that the
4treasurer shall pay the state's proportionate share to the county and except the
5taxation district may pay in full all taxes on improvements on leased land, as
6provided with subd. 1. As part of that distribution, the taxation district treasurer
7shall allocate to each tax incremental district within the taxation district its
8proportionate share of taxes on improvements on leased land.
AB614-ASA1,2,1811
74.29
(2) On or before August 20, a taxation district treasurer who has not paid
12in full all taxes on improvements on leased land under s. 74.25 (1) (b) 1. or under s.
1374.30 (1) or (2) shall pay in full to each taxing jurisdiction within the district all taxes
14on improvements on leased land included in the tax roll which have not previously
15been paid to, or retained by, the taxing jurisdiction, except that the treasurer shall
16pay the state's proportionate share to the county. As part of that distribution, the
17taxation district treasurer shall allocate to each tax incremental district within the
18taxation district its proportionate share of taxes on improvements on leased land.
AB614-ASA1,3,220
74.30
(1) (i)
Pay Except as provided in par. (k), pay in full to each taxing
21jurisdiction within the district all personal property taxes included in the tax roll
22which have not previously been paid to, or retained by, each taxing jurisdiction,
23except that the treasurer shall pay the state's proportionate share to the county. As
24part of that distribution, the taxation district treasurer shall allocate to each tax
1incremental district within the taxation district its proportionate share of personal
2property taxes.
AB614-ASA1,3,84
74.30
(1) (k) Pay to each taxing jurisdiction within the district its proportionate
5share of taxes on improvements on leased land, except that the treasurer shall pay
6the state's proportionate share to the county. As part of that distribution, the
7taxation district treasurer shall allocate to each tax incremental district within the
8taxation district its proportionate share of taxes on improvements on leased land.
AB614-ASA1,3,1410
74.30
(2) (c) Pay to each taxing jurisdiction within the district its proportionate
11share of taxes on improvements on leased land, except that the treasurer shall pay
12the state's proportionate share to the county. As part of that distribution, the
13taxation district treasurer shall allocate to each tax incremental district within the
14taxation district its proportionate share of taxes on improvements on leased land.
AB614-ASA1,3,1616
(1) This act first applies to the property tax assessments as of January 1, 2006.
