SB296-SSA1, s. 3 4Section 3. 74.30 (1) (f) of the statutes is amended to read:
SB296-SSA1,2,85 74.30 (1) (f) Pay to the county treasurer 20% of collections of occupational taxes
6on coal docks, 20% of collections of the taxes imposed under ss. 77.04 and 77.84 (2)
7(a) and (am) and (2m), and all collections of payments for closed lands under s. 77.84
8(2) (b) and (bm) and (2m).
SB296-SSA1, s. 4 9Section 4. 74.30 (1) (h) of the statutes is amended to read:
SB296-SSA1,2,1210 74.30 (1) (h) Retain for the taxation district all woodland tax law collections
11under s. 77.16 and 80% of collections of the taxes imposed under ss. 77.04 and 77.84
12(2) (a) and (am) and (2m).
SB296-SSA1, s. 5 13Section 5. 77.84 (2m) of the statutes is created to read:
SB296-SSA1,2,1414 77.84 (2m) Damaged areas. (a) In this subsection:
SB296-SSA1,2,1515 1. "Catastrophic event" has the meaning given in s. 77.87 (3m) (a) 1.
SB296-SSA1,2,1616 2. "Tract" means a quarter-quarter-quarter section of managed forest land.
SB296-SSA1,2,2317 (b) Notwithstanding the amounts specified under sub. (2), if the department
18determines that an owner's managed forest land qualifies for an extension of the due
19date for the payment of yield taxes under s. 77.87 (3m), and if that determination is
20based on a catastrophic event that occurred within the 15 years immediately
21preceding the expiration of the managed forest land order for the land, the owner
22shall pay the amounts specified in this subsection instead of the amounts specified
23under sub. (2).
SB296-SSA1,3,624 (c) For 10 years following the expiration of the managed forest land order in
25effect at the time of the catastrophic event, an owner of managed forest land

1described under par. (b) shall pay, for those tracts that qualify for an extension of the
2due date of yield taxes under s. 77.87 (3m), the annual per acre amount established
3under the order in effect at the time of the catastrophic event, provided that the
4managed forest land continues to be subject to a managed forest land order. During
5the 10-year period described in this paragraph, sub. (2) (c) and (cm) does not apply
6to the amount that is due and payable under this subsection.
SB296-SSA1, s. 6 7Section 6. 77.87 (3) of the statutes is amended to read:
SB296-SSA1,3,138 77.87 (3) Payment. A Except as provided under sub. (3m), a tax assessed under
9sub. (1) or (2) is due and payable to the department on the last day of the month
10following the date the certificate is mailed to the owner. The department shall collect
11interest at the rate of 12% per year on any tax that is paid later than the applicable
12due date under this subsection or sub. (3m) (c). Amounts received shall be credited
13to the conservation fund.
SB296-SSA1, s. 7 14Section 7. 77.87 (3m) of the statutes is created to read:
SB296-SSA1,3,1515 77.87 (3m) Extension. (a) In this subsection:
SB296-SSA1,3,1716 1. "Catastrophic event" means damage caused by fire, ice, snow, wind, flooding,
17insects, or disease.
SB296-SSA1,3,1818 2. "Tract" means a quarter-quarter-quarter section of managed forest land.
SB296-SSA1,3,2119 (b) An owner of managed forest land may file a petition with the department
20to extend the due date for the payment of a tax assessed under sub. (1) or (2) on
21merchantable timber cut on one or more tracts if all of the following apply:
SB296-SSA1,3,2422 1. A catastrophic event caused a 50 percent or more reduction in the total
23stumpage value of the merchantable timber on all of the tracts for which the petition
24is filed.
SB296-SSA1,4,2
12. The tracts for which the petition is filed constitute at least 15 percent of the
2land under the owner's managed forest land order.
SB296-SSA1,4,123 (c) A petition under par. (b) shall be signed by the owner and a department
4forester who certifies that the owner is eligible for an extension as provided under
5par. (b). The department may deny a petition that meets the requirements under par.
6(b) only if the owner has failed to comply with the management plan that is in effect
7on the date that the owner files the petition for extension or if there are delinquent
8property or yield taxes on the land. If the petition is denied, the department shall
9state the reason for the denial in writing. If the petition is approved, the department
10shall extend the due date for the payment of taxes assessed under sub. (1) or (2) for
11a period of 10 years following the date on which the department mails a copy of the
12certificate of assessment to the owner.
SB296-SSA1, s. 8 13Section 8. 77.88 (5) (a) 1. of the statutes is amended to read:
SB296-SSA1,4,1714 77.88 (5) (a) 1. An amount equal to the past tax liability multiplied by the
15number of years the land was designated as managed forest land, less any amounts
16paid by the owner under ss. 77.84 (2) (a) and (am) and (2m) and 77.87 and less any
17amounts payable by the owner under s. 77.87 (3m)
.
SB296-SSA1, s. 9 18Section 9. 77.88 (5) (a) 2. of the statutes is amended to read:
SB296-SSA1,4,2119 77.88 (5) (a) 2. Five percent of the stumpage value of the merchantable timber
20on the land, less any amounts paid by the owner under ss. 77.84 (2) (a) and (am) and
21(2m)
and 77.87 and less any amounts payable by the owner under s. 77.87 (3m).
SB296-SSA1, s. 10 22Section 10. 77.88 (5) (ar) 1. of the statutes is amended to read:
SB296-SSA1,5,523 77.88 (5) (ar) 1. For the portion of the land that is designated as managed forest
24land under the original order, an amount equal to the product of the total net
25property tax rate in the municipality in the year prior to the year in which the

1expanded order is approved and the assessed value of the land for the same year, as
2computed by the department of revenue, multiplied by the number of years under the
3original order, less any amounts paid by the owner under ss. 77.84 (2) (a) and (2m)
4and 77.87, and less any amounts payable by the owner under s. 77.87 (3m), during
5the time the land was designated as managed forest land under the original order.
SB296-SSA1, s. 11 6Section 11. 77.88 (5) (ar) 2. of the statutes is amended to read:
SB296-SSA1,5,137 77.88 (5) (ar) 2. An amount equal to the product of the total net property tax
8rate in the municipality in the year prior to this withdrawal and the assessed value
9of the land for the same year, as computed by the department of revenue, multiplied
10by the number of years the land was designated as land under the expanded order,
11less any amounts paid by the owner under ss. 77.84 (2) (am) and (2m) and 77.87, and
12less any amounts payable by the owner under s. 77.87 (3m),
during the time the land
13is designated as managed forest land under the expanded order.
SB296-SSA1, s. 12 14Section 12. 77.88 (5) (b) 1. of the statutes is amended to read:
SB296-SSA1,5,1815 77.88 (5) (b) 1. An amount equal to the past tax liability multiplied by the
16number of years since the renewal, less any amounts paid by the owner under ss.
1777.84 (2) (a) and (am) and (2m) and 77.87 and less any amounts payable by the owner
18under s. 77.87 (3m)
.
SB296-SSA1, s. 13 19Section 13. 77.88 (5) (b) 2. of the statutes is amended to read:
SB296-SSA1,5,2220 77.88 (5) (b) 2. Five percent of the stumpage value of the merchantable timber
21on the land, less any amounts paid by the owner under ss. 77.84 (2) (a) and (am) and
22(2m)
and 77.87 and less any amounts payable by the owner under s. 77.87 (3m).
SB296-SSA1, s. 14 23Section 14. 77.89 (2) (a) of the statutes is amended to read:
SB296-SSA1,6,524 77.89 (2) (a) Each municipal treasurer shall pay 20% of each payment received
25under sub. (1) and under ss. 77.84 (2) (a) and (am) and (2m), 77.85, and 77.876 to the

1county treasurer and shall deposit the remainder in the municipal treasury. The
2payment to the county treasurer for money received before November 1 of any year
3shall be made on or before the November 15 after its receipt. For money received on
4or after November 1 of any year, the payment to the county treasurer shall be made
5on or before November 15 of the following year.
SB296-SSA1, s. 15 6Section 15. Initial applicability.
SB296-SSA1,6,87 (1) This act first applies to merchantable timber damaged on land that is
8subject to a managed forest land order on the effective date of this subsection.
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