Amendment ASA1-AB381

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2007 - 2008 LEGISLATURE

ASSEMBLY SUBSTITUTE AMENDMENT 1, TO 2007 ASSEMBLY BILL 381

August 10, 2007 - Offered by Representative Wieckert.

AB381-ASA1,1,3 An Act to renumber 77.51 (1); and to create 77.51 (1bm) and 77.54 (30) (a) 7. of the statutes; relating to: sales and use tax exemption for electricity used in agricultural biotechnology.

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

AB381-ASA1, s. 1 Section 1. 77.51 (1) of the statutes is renumbered 77.51 (1d).

AB381-ASA1, s. 2 Section 2. 77.51 (1bm) of the statutes is created to read:

AB381-ASA1,2,2 77.51 (1bm) "Agricultural biotechnology" means the application of technologies, including recombinant deoxyribonucleic acid techniques, biochemistry, molecular and cellular biology, genetics, genetic engineering, biological cell fusion techniques, and new bioprocesses, that use living organisms or parts of organisms to produce or modify agricultural products to improve plants or animals used in agriculture, develop microorganisms for specific agricultural uses, identify targets for small molecule pharmaceutical development for agricultural use, or transform biological systems into useful agricultural processes and products.

AB381-ASA1, s. 3 Section 3. 77.54 (30) (a) 7. of the statutes is created to read:

AB381-ASA1,2,5 77.54 (30) (a) 7. Electricity consumed in research or product development for agricultural biotechnology in this state.

AB381-ASA1, s. 4 Section 4. Effective date.

AB381-ASA1,2,7 (1) This act takes effect on July 1, 2007.

AB381-ASA1,2,8 (End)