LRBa0277/1
JK:jld:nwn
2007 - 2008 LEGISLATURE
ASSEMBLY AMENDMENT 1,
TO 2007 ASSEMBLY BILL 76
May 9, 2007 - Offered by Representative Moulton.
AB76-AA1,1,11 At the locations indicated, amend the bill as follows:
AB76-AA1,1,3 21. Page 1, line 5: after "programs," insert "creating a recycling fee property tax
3credit,".
AB76-AA1,1,4 42. Page 2, line 1: before that line insert:
AB76-AA1,1,5 5" Section 1b. 74.09 (3) (b) 6. of the statutes is amended to read:
AB76-AA1,1,86 74.09 (3) (b) 6. The amount of the credit credits under s. 79.10 (5) and (9) (bd)
7allocable to the property for the previous year and the current year, and the
8percentage change between those years.
AB76-AA1, s. 1d 9Section 1d. 79.10 (9) (bd) of the statutes is created to read:
AB76-AA1,2,410 79.10 (9) (bd) Recycling fee property tax credit. Every property taxpayer of a
11responsible unit, as defined in s. 287.01 (9), having assessed property shall receive
12a tax credit in an amount determined by applying the percentage of the amount of
13the value of property assessed to the taxpayer to the amount of the excess amount

1described under s. 287.23 (3) (b) 2. that the responsible unit received in the year of
2the assessment, except that no taxpayer may receive a credit that is greater in
3amount than the total amount of the property taxes to be paid by the taxpayer on
4each parcel for which tax is levied for that year.
AB76-AA1, s. 1f 5Section 1f. 79.10 (9) (c) 3. of the statutes is created to read:
AB76-AA1,2,76 79.10 (9) (c) 3. The credit under par. (bd) shall reduce the property taxes
7otherwise payable.".
AB76-AA1,2,8 83. Page 2, line 1: delete " Section 1" and substitute "Section 1m".
AB76-AA1,2,11 94. Page 2, line 17: after "purposes" insert ", except that a responsible unit that
10levies property taxes shall use the excess amount for property tax credits, as
11provided under s. 79.10 (9) (bd)".
AB76-AA1,2,12 125. Page 4, line 2: after that line insert:
AB76-AA1,2,14 13"(1d) The treatment of sections 74.09 (3) (b) 6. and 79.10 (9) (bd) and (c) 3. of
14the statutes first applies to the property tax assessments as of January 1, 2009.".
AB76-AA1,2,1515 (End)
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