AB245-ASA2,26,1811 70.35 (3) Each For assessments made before January 1, 2024, each return shall
12be filed with the assessor on or before March 1 of the year in which the assessment
13provided by s. 70.10 is made. The assessor, for good cause, may allow a reasonable
14extension of time for filing the return. All returns filed under this section shall be
15the confidential records of the assessor's office, except that the returns shall be
16available for use before the board of review as provided in this chapter. No return
17required under this section is controlling on the assessor in any respect in the
18assessment of any property.
AB245-ASA2,64 19Section 64 . 70.35 (4) of the statutes is amended to read:
AB245-ASA2,27,220 70.35 (4) Any For assessments made before January 1, 2024, any person, firm
21or corporation who refuses to so testify or who fails, neglects or refuses to make and
22file the return of personal property required by this section shall be denied any right
23of abatement by the board of review on account of the assessment of such personal
24property unless such person, firm, or corporation shall make such return to such

1board of review together with a statement of the reasons for the failure to make and
2file the return in the manner and form required by this section.
AB245-ASA2,65 3Section 65 . 70.35 (5) of the statutes is amended to read:
AB245-ASA2,27,74 70.35 (5) In For assessments made before January 1, 2024, in the event that
5the assessor or the board of review should desire further evidence they may call upon
6other persons as witnesses to give evidence under oath as to the items and value of
7the personal property of any such person, firm or corporation.
AB245-ASA2,66 8Section 66 . 70.36 (1) of the statutes is amended to read:
AB245-ASA2,27,189 70.36 (1) Any For assessments made before January 1, 2024, any person in this
10state owning or holding any personal property that is subject to assessment,
11individually or as agent, trustee, guardian, personal representative, assignee, or
12receiver or in some other representative capacity, who intentionally makes a false
13statement to the assessor of that person's assessment district or to the board of
14review of the assessment district with respect to the property, or who omits any
15property from any return required to be made under s. 70.35, with the intent of
16avoiding the payment of the just and proportionate taxes on the property, shall forfeit
17the sum of $10 for every $100 or major fraction of $100 so withheld from the
18knowledge of the assessor or board of review.
AB245-ASA2,67 19Section 67 . 70.36 (2) of the statutes is amended to read:
AB245-ASA2,28,320 70.36 (2) It For assessments made before January 1, 2024, it is hereby made
21the duty of the district attorney of any county, upon complaint made to the district
22attorney by the assessor or by a member of the board of review of the assessment
23district in which it is alleged that property has been so withheld from the knowledge
24of such assessor or board of review, or not included in any return required by s. 70.35,
25to investigate the case forthwith and bring an action in the name of the state against

1the person, firm or corporation so complained of. All forfeitures collected under the
2provisions of this section shall be paid into the treasury of the taxation district in
3which such property had its situs for taxation.
AB245-ASA2,68 4Section 68. 70.43 (2) of the statutes is amended to read:
AB245-ASA2,28,115 70.43 (2) If the assessor discovers a palpable error in the assessment of a tract
6of real estate or an item of personal property, for personal property assessments
7made before January 1, 2024,
that results in the tract or property having an
8inaccurate assessment for the preceding year, the assessor shall correct that error
9by adding to or subtracting from the assessment for the preceding year. The result
10shall be the true assessed value of the property for the preceding year. The assessor
11shall make a marginal note of the correction on that year's assessment roll.
AB245-ASA2,69 12Section 69 . 70.44 (1) of the statutes is amended to read:
AB245-ASA2,28,2213 70.44 (1) Real or personal property omitted from assessment in any of the 2
14next previous years or personal property assessments made before January 1, 2024,
15and omitted from any of the 2 next previous years
, unless previously reassessed for
16the same year or years, shall be entered once additionally for each previous year of
17such omission, designating each such additional entry as omitted for the year of
18omission and affixing a just valuation to each entry for a former year as the same
19should then have been assessed according to the assessor's best judgment, and taxes
20shall be apportioned, using the net tax rate as provided in s. 70.43, and collected on
21the tax roll for such entry. This section shall not apply to manufacturing property
22assessed by the department of revenue under s. 70.995.
AB245-ASA2,70 23Section 70. 70.47 (7) (aa) of the statutes is amended to read:
AB245-ASA2,29,324 70.47 (7) (aa) No person shall be allowed to appear before the board of review,
25to testify to the board by telephone or to contest the amount of any assessment of real

1or personal property
if the person has refused a reasonable written request by
2certified mail of the assessor to enter onto property to conduct an exterior view of the
3real or personal property being assessed.
AB245-ASA2,71 4Section 71 . 70.47 (15) of the statutes is repealed.
AB245-ASA2,72 5Section 72 . 70.49 (2) of the statutes is amended to read:
AB245-ASA2,29,106 70.49 (2) The value of all real and personal property entered into the
7assessment roll to which such affidavit is attached by the assessor shall, in all actions
8and proceedings involving such values, be presumptive evidence that all such
9properties have been justly and equitably assessed in proper relationship to each
10other.
AB245-ASA2,73 11Section 73. 70.50 of the statutes is amended to read:
AB245-ASA2,29,20 1270.50 Delivery of roll. Except in counties that have a county assessment
13system under s. 70.99 and in cities of the 1st class and in 2nd class cities that have
14a board of assessors under s. 70.075 the assessor shall, on or before the first Monday
15in May, deliver the completed assessment roll and all the sworn statements and
16valuations of personal property
to the clerk of the town, city , or village, who shall file
17and preserve them in the clerk's office. On or before the first Monday in April, a
18county assessor under s. 70.99 shall deliver the completed assessment roll and all
19sworn statements and valuations of personal property to the clerks of the towns,
20cities, and villages in the county, who shall file and preserve them in the clerk's office.
AB245-ASA2,74 21Section 74 . 70.52 of the statutes is amended to read:
AB245-ASA2,30,8 2270.52 Clerks to examine and correct rolls. Each city, village, and town
23clerk upon receipt of the assessment roll shall carefully examine the roll. The clerk
24shall correct all double assessments, imperfect descriptions, and other errors
25apparent on the roll, and correct the value of parcels of real property not liable to

1taxation. The clerk shall add to the roll any parcel of real property not listed on the
2assessment roll or item of personal property omitted from the roll and immediately
3notify the assessors of the additions and omissions. The assessors shall immediately
4view and value the omitted property and certify the valuation to the clerk. The clerk
5shall enter the valuation and property classification on the roll, and the valuation
6shall be final. To enable the clerk to properly correct defective descriptions, the clerk
7may request aid, when necessary, from the county surveyor, whose fees for the
8services rendered shall be paid by the city, village, or town.
AB245-ASA2,75 9Section 75. 70.53 (1) (a) of the statutes is repealed.
AB245-ASA2,76 10Section 76 . 70.65 (2) (a) 2. of the statutes is amended to read:
AB245-ASA2,30,1311 70.65 (2) (a) 2. Identify For assessments made before January 1, 2024, identify
12the name and address of the owners of all taxable personal property within the
13taxation district and the assessed value of each owner's taxable personal property.
AB245-ASA2,77 14Section 77 . 70.65 (2) (b) (intro.) of the statutes is amended to read:
AB245-ASA2,30,1715 70.65 (2) (b) (intro.) With respect to each description of real property and each
16owner of taxable personal property and the personal property assessments made
17before January 1, 2024
:
AB245-ASA2,78 18Section 78 . 70.68 (1) of the statutes is amended to read:
AB245-ASA2,30,2519 70.68 (1) Collection in certain cities. In For taxes levied before January 1,
202024, in
cities authorized to act under s. 74.87, the chief of police shall collect all state,
21county, city, school, and other taxes due on personal property as shall then remain
22unpaid, and the chief of police shall possess all the powers given by law to town
23treasurers for the collection of such taxes, and be subject to the liabilities and entitled
24to the same fees as town treasurers in such cases, but such fees shall be turned over
25to the city treasurer and become a part of the general fund.
AB245-ASA2,79
1Section 79. 70.73 (1) (b) of the statutes is amended to read:
AB245-ASA2,31,82 70.73 (1) (b) If a town, village, or city clerk or treasurer discovers that personal
3property has been assessed to the wrong person for assessments made before
4January 1, 2024
, or 2 or more parcels of land belonging to different persons have been
5erroneously assessed together on the tax roll, the clerk or treasurer shall notify the
6assessor and all parties interested, if the parties are residents of the county, by notice
7in writing to appear at the clerk's office at some time, not less than 5 days thereafter,
8to correct the assessment roll.
AB245-ASA2,80 9Section 80 . 70.73 (1) (c) of the statutes is amended to read:
AB245-ASA2,31,1510 70.73 (1) (c) At the time and place designated in the notice given under par. (b),
11the assessment roll shall be corrected by entering the correct names of the persons
12liable to assessment, both as to real and personal property, describing each parcel of
13land and giving the proper valuation to each parcel separately owned. The total
14valuation given to the separate tracts of real estate shall be equal to the valuation
15given to the same property when the several parcels were assessed together.
AB245-ASA2,81 16Section 81 . 70.73 (1) (d) of the statutes is amended to read:
AB245-ASA2,31,2117 70.73 (1) (d) The valuation of parcels of land or correction of names of persons
18whose personal property is assessed under this subsection
may be made at any time
19before the tax roll is returned to the county treasurer for the year in which the tax
20is levied. The valuation or correction of names, when made under this subsection,
21shall be held just and correct and be final and conclusive.
AB245-ASA2,82 22Section 82 . 70.84 of the statutes is amended to read:
AB245-ASA2,32,18 2370.84 Inequalities may be corrected in subsequent year. If any such
24reassessment cannot be completed in time to take the place of the original
25assessment made in such district for said year, the clerk of the district shall levy and

1apportion the taxes for that year upon the basis of the original assessment roll, and
2when the reassessment is completed the inequalities in the taxes levied under the
3original assessment shall be remedied and compensated in the levy and
4apportionment of taxes in such district next following the completion of said
5reassessment in the following manner: Each tract of real estate, and, as to personal
6property assessments made before January 1, 2024, each taxpayer, whose tax shall
7be determined by such reassessment to have been relatively too high, shall be
8credited a sum equal to the amount of taxes charged on the original assessment in
9excess of the amount which would have been charged had such reassessment been
10made in time; and each tract of real estate, and, as to personal property assessments
11made before January 1, 2024
, each taxpayer, whose tax shall be determined by such
12reassessment to have been relatively too low, shall be charged, in addition to all other
13taxes, a sum equal to the difference between the amount of taxes charged upon such
14unequal original assessment and the amount which would have been charged had
15such reassessment been made in time. The department of revenue, or its authorized
16agent, shall at any time have access to all assessment and tax rolls herein referred
17to for the purpose of assisting the local clerk and in order that the results of the
18reassessment may be carried into effect.
AB245-ASA2,83 19Section 83 . 70.855 (1) (intro.) of the statutes is amended to read:
AB245-ASA2,32,2220 70.855 (1) Applicability. (intro.) The department of revenue shall assess real
21and personal property assessed as commercial property under s. 70.32 (2) (a) 2. if all
22of the following apply:
AB245-ASA2,84 23Section 84 . 70.855 (1) (a) of the statutes is amended to read:
AB245-ASA2,33,224 70.855 (1) (a) The property owner and the governing body of the municipality
25where the property is located submit a written request to the department on or before

1March 1 of the year of the assessment to have the department assess the property
2owner's real and personal commercial property located in the municipality.
AB245-ASA2,85 3Section 85 . 70.855 (1) (b) of the statutes is amended to read:
AB245-ASA2,33,54 70.855 (1) (b) The written request submitted under par. (a) specifies the items
5of personal property and
parcels of real property for the department's assessment.
AB245-ASA2,86 6Section 86 . 70.995 (1) (a) of the statutes is amended to read:
AB245-ASA2,33,227 70.995 (1) (a) In this section “manufacturing property" includes all lands,
8buildings, structures and other
real property, as defined in s. 70.03, in this state, used
9in manufacturing, assembling, processing, fabricating, making, or milling tangible
10personal property for profit. Manufacturing property also includes warehouses,
11storage facilities, and office structures in this state when the predominant use of the
12warehouses, storage facilities, or offices is in support of the manufacturing property,
13and all personal property owned or used by any person engaged in this state in any
14of the activities mentioned, and used in the activity, including raw materials,
15supplies, machinery, equipment, work in
process and finished inventory when
16located at the site of the activity
. Establishments engaged in assembling component
17parts of manufactured products are considered manufacturing establishments if the
18new product is neither a structure nor other fixed improvement. Materials processed
19by a manufacturing establishment include products of agriculture, forestry, fishing,
20mining, and quarrying. For the purposes of this section, establishments which
21engage in mining metalliferous minerals are considered manufacturing
22establishments.
AB245-ASA2,87 23Section 87 . 70.995 (4) of the statutes is amended to read:
AB245-ASA2,34,1724 70.995 (4) Whenever real property or tangible personal property is used for
25one, or some combination, of the processes mentioned in sub. (3) and also for other

1purposes, the department of revenue, if satisfied that there is substantial use in one
2or some combination of such processes, may assess the property under this section.
3For all purposes of this section the department of revenue shall have sole discretion
4for the determination of what is substantial use and what description of real property
5or what unit of tangible personal property shall constitute “the property" to be
6included for assessment purposes, and, in connection herewith, the department may
7include in a real property unit, real property owned by different persons. Vacant
8property designed for use in manufacturing, assembling, processing, fabricating,
9making, or milling tangible property for profit may be assessed under this section or
10under s. 70.32 (1), and the period of vacancy may not be the sole ground for making
11that determination. In those specific instances where a portion of a description of
12real property includes manufacturing property rented or leased and operated by a
13separate person which does not satisfy the substantial use qualification for the entire
14property, the local assessor shall assess the entire real property description and all
15personal property not exempt under s. 70.11 (27
). The applicable portions of the
16standard manufacturing property report form under sub. (12) as they relate to
17manufacturing machinery and equipment shall be submitted by such person
.
AB245-ASA2,88 18Section 88. 70.995 (5) of the statutes is amended to read:
AB245-ASA2,35,419 70.995 (5) The department of revenue shall assess all property of
20manufacturing establishments included under subs. (1) and (2), except property not
21contiguous with or located within 1,000 feet of the parcel on which the production
22process, as defined in s. 70.11 (27) (a) 5., occurs,
as of the close of January 1 of each
23year, if on or before March 1 of that year the department has classified the property
24as manufacturing or the owner of the property has requested, in writing, that the
25department make such a classification and the department later does so. A change

1in ownership, location, or name of the manufacturing establishment does not
2necessitate a new request. In assessing lands from which metalliferous minerals are
3being extracted and valued for purposes of the tax under s. 70.375, the value of the
4metalliferous mineral content of such lands shall be excluded.
AB245-ASA2,89 5Section 89 . 70.995 (5n) of the statutes is created to read:
AB245-ASA2,35,136 70.995 (5n) (a) If the department of revenue determines that an establishment
7is engaged in manufacturing, as described in subs. (1), (2), and (3), the department
8may classify the establishment as manufacturing. The establishment shall submit
9a written request on or before July 1 of the year for which classification is desired,
10as provided under s. 71.07 (5n) (a) 9. c. or 71.28 (5n) (a) 9. c. Any establishment
11classified as manufacturing prior to January 1, 2024, is presumed to be engaged in
12manufacturing, as described in subs. (1), (2), and (3), and need not submit a request
13as provided in this paragraph.
AB245-ASA2,35,1914 (b) The department may at any time investigate or audit requests submitted
15under par. (a) and may revoke a classification. A revocation under this paragraph
16may not apply retroactively, but shall take effect on the first day of the
17establishment's taxable year following the year in which the department issues a
18revocation. An establishment that submits a request under par. (a) shall notify the
19department within 60 days of any termination of manufacturing activity.
AB245-ASA2,36,320 (c) On or before December 31 of the year in which a request is timely submitted
21under par. (a), the department shall issue a notice of determination responding to the
22timely request. The department may, in its sole discretion, issue a notice of
23determination by December 31 for requests received after July 1 of the year in which
24classification is desired. The notice shall be in writing and shall be sent by 1st class
25mail or electronic mail. In addition, the notice shall specify that objections to the

1decision shall be filed with the state board of assessors no later than 60 days after
2the date of the notice, that a fee of $200 shall be paid when the objection is filed, and
3that the objection is not filed until the fee is paid.
AB245-ASA2,36,94 (d) For purposes of this subsection, an objection is considered timely filed if
5received by the state board of assessors no later than 60 days after the date of the
6notice or sent to the state board of assessors by U.S. postal service certified mail in
7a properly addressed envelope, with postage paid, that is postmarked before
8midnight of the last day for filing. Neither the board nor the tax appeals commission
9may waive the requirement that objections be in writing.
AB245-ASA2,36,1310 (e) The state board of assessors shall investigate any objection timely filed
11under par. (d) if the fee specified under par. (c) is paid. The board shall notify the
12person objecting or the person's agent of its determination by 1st class mail or
13electronic mail.
AB245-ASA2,36,1914 (f) If a determination of the state board of assessors under par. (e) results in an
15establishment not being classified as manufacturing, the person having been
16notified of the determination shall be deemed to have accepted the determination
17unless the person files a petition for review with the clerk of the tax appeals
18commission, as provided under s. 73.01 (5) and the rules of practice of the tax appeals
19commission.
AB245-ASA2,90 20Section 90 . 70.995 (7) (b) of the statutes is amended to read:
AB245-ASA2,36,2421 70.995 (7) (b) Each 5 years, or more frequently if the department of revenue's
22workload permits and if in the department's judgment it is desirable, the department
23of revenue shall complete a field investigation or on-site appraisal at full value under
24ss. s. 70.32 (1) and 70.34 of all manufacturing real property in this state.
AB245-ASA2,91 25Section 91 . 70.995 (8) (b) 1. of the statutes is amended to read:
AB245-ASA2,37,19
170.995 (8) (b) 1. The department of revenue shall annually notify each
2manufacturer assessed under this section and the municipality in which the
3manufacturing property is located of the full value of all real and personal property
4owned by the manufacturer. The notice shall be in writing and shall be sent by 1st
5class mail or electronic mail. In addition, the notice shall specify that objections to
6valuation, amount, or taxability must be filed with the state board of assessors no
7later than 60 days after the date of the notice of assessment, that objections to a
8change from assessment under this section to assessment under s. 70.32 (1) must be
9filed no later than 60 days after the date of the notice, that the fee under par. (c) 1.
10or (d) must be paid and that the objection is not filed until the fee is paid. For
11purposes of this subdivision, an objection is considered timely filed if received by the
12state board of assessors no later than 60 days after the date of the notice or sent to
13the state board of assessors by certified mail in a properly addressed envelope, with
14postage paid, that is postmarked before midnight of the last day for filing. A
15statement shall be attached to the assessment roll indicating that the notices
16required by this section have been mailed and failure to receive the notice does not
17affect the validity of the assessments, the resulting tax on real or personal property,
18the procedures of the tax appeals commission or of the state board of assessors, or
19the enforcement of delinquent taxes by statutory means.
AB245-ASA2,92 20Section 92 . 70.995 (12) (a) of the statutes is amended to read:
AB245-ASA2,38,1821 70.995 (12) (a) The department of revenue shall prescribe a standard
22manufacturing property report form that shall be submitted annually for each real
23estate parcel and each personal property account on or before March 1 by all
24manufacturers whose property is assessed under this section. The report form shall
25contain all information considered necessary by the department and shall include,

1without limitation, income and operating statements, fixed asset schedules, and a
2report of new construction or demolition. Failure to submit the report shall result
3in denial of any right of redetermination by the state board of assessors or the tax
4appeals commission. If any property is omitted or understated in the manufacturing
5real estate
assessment roll in any of the next 5 previous years, or in a manufacturing
6personal property assessment roll made before January 1, 2024,
the assessor shall
7enter the value of the omitted or understated property once for each previous year
8of the omission or understatement. The assessor shall affix a just valuation to each
9entry for a former year as it should have been assessed according to the assessor's
10best judgment. Taxes shall be apportioned and collected on the tax roll for each entry,
11on the basis of the net tax rate for the year of the omission, taking into account credits
12under s. 79.10. In the case of omitted property, interest shall be added at the rate of
130.0267 percent per day for the period of time between the date when the form is
14required to be submitted and the date when the assessor affixes the just valuation.
15In the case of underpayments determined after an objection under sub. (8) (d),
16interest shall be added at the average annual discount interest rate determined by
17the last auction of 6-month U.S. treasury bills before the objection per day for the
18period of time between the date when the tax was due and the date when it is paid.
AB245-ASA2,93 19Section 93. 71.07 (5n) (a) 5. a. of the statutes is amended to read:
AB245-ASA2,39,220 71.07 (5n) (a) 5. a. “Manufacturing property factor" means a fraction, the
21numerator of which is the average value of the claimant's real and personal property
22assessed under s. 70.995
land and depreciable property, owned or rented and used
23in this state by the claimant during the taxable year to manufacture qualified
24production property, and the denominator of which is the average value of all the
25claimant's real and personal land and depreciable property owned or rented during

1the taxable year and used by the claimant to manufacture qualified production
2property.
AB245-ASA2,94 3Section 94 . 71.07 (5n) (a) 5. d. of the statutes is repealed.
AB245-ASA2,95 4Section 95 . 71.07 (5n) (a) 9. (intro.) of the statutes is amended to read:
AB245-ASA2,39,65 71.07 (5n) (a) 9. (intro.) “Qualified production property" means either any of
6the following:
AB245-ASA2,96 7Section 96 . 71.07 (5n) (a) 9. a. of the statutes is amended to read:
AB245-ASA2,39,148 71.07 (5n) (a) 9. a. Tangible personal property manufactured in whole or in part
9by the claimant on property that is located in this state and assessed as
10manufacturing property under s. 70.995. Tangible personal property manufactured
11in this state may only be qualified production property if it is manufactured on
12property approved to be classified as manufacturing real property for purposes of s.
1370.995, even if it is not eligible to be listed on the department's manufacturing roll
14until January 1 of the following year.
AB245-ASA2,97 15Section 97 . 71.07 (5n) (a) 9. c. of the statutes is created to read:
AB245-ASA2,39,2516 71.07 (5n) (a) 9. c. Tangible personal property manufactured in whole or in part
17by the claimant at an establishment that is located in this state and classified as
18manufacturing under s. 70.995 (5n). A person wishing to classify the person's
19establishment as manufacturing under this subd. 9. c. shall file an application in the
20form and manner prescribed by the department no later than July 1 of the taxable
21year for which the person wishes to claim the credit under this subsection, pursuant
22to s. 70.995 (5n). The department shall make a determination and provide written
23notice by December 31 of the year in which the application is filed. A determination
24on the classification under this subd. 9. c. may be appealed as provided under s.
2570.995 (5n).
AB245-ASA2,98
1Section 98. 71.07 (5n) (d) 2. of the statutes is amended to read:
AB245-ASA2,40,102 71.07 (5n) (d) 2. For purposes of determining a claimant's eligible qualified
3production activities income under this subsection, the claimant shall multiply the
4claimant's qualified production activities income from property manufactured by the
5claimant by the manufacturing property factor and qualified production activities
6income from property produced, grown, or extracted by the claimant by the
7agriculture property factor. This subdivision does not apply if the claimant's entire
8qualified production activities income results from the sale of tangible personal
9property that was manufactured, produced, grown, or extracted wholly in this state
10by the claimant.
AB245-ASA2,99 11Section 99. 71.07 (6e) (a) 5. of the statutes is amended to read:
AB245-ASA2,41,312 71.07 (6e) (a) 5. “Property taxes" means real and personal property taxes,
13exclusive of special assessments, delinquent interest, and charges for service, paid
14by a claimant, and the claimant's spouse if filing a joint return, on the eligible
15veteran's or unremarried surviving spouse's principal dwelling in this state during
16the taxable year for which credit under this subsection is claimed, less any property
17taxes paid which are properly includable as a trade or business expense under
18section 162 of the Internal Revenue Code. If the principal dwelling on which the
19taxes were paid is owned by 2 or more persons or entities as joint tenants or tenants
20in common or is owned by spouses as marital property, “property taxes" is that part
21of property taxes paid that reflects the ownership percentage of the claimant, except
22that this limitation does not apply to spouses who file a joint return. If the principal
23dwelling is sold during the taxable year, the “property taxes" for the seller and buyer
24shall be the amount of the tax prorated to each in the closing agreement pertaining
25to the sale or, if not so provided for in the closing agreement, the tax shall be prorated

1between the seller and buyer in proportion to months of their respective ownership.
2“Property taxes" includes monthly municipal permit fees in respect to a principal
3dwelling collected under s. 66.0435 (3) (c).
AB245-ASA2,100 4Section 100. 71.07 (9) (a) 3. of the statutes is amended to read:
AB245-ASA2,41,195 71.07 (9) (a) 3. “Property taxes" means real and personal property taxes,
6exclusive of special assessments, delinquent interest and charges for service, paid by
7a claimant on the claimant's principal dwelling during the taxable year for which
8credit under this subsection is claimed, less any property taxes paid which are
9properly includable as a trade or business expense under section 162 of the Internal
10Revenue Code. If the principal dwelling on which the taxes were paid is owned by
112 or more persons or entities as joint tenants or tenants in common or is owned by
12spouses as marital property, “property taxes" is that part of property taxes paid that
13reflects the ownership percentage of the claimant. If the principal dwelling is sold
14during the taxable year the “property taxes" for the seller and buyer shall be the
15amount of the tax prorated to each in the closing agreement pertaining to the sale
16or, if not so provided for in the closing agreement, the tax shall be prorated between
17the seller and buyer in proportion to months of their respective ownership. “ Property
18taxes" includes monthly municipal permit fees in respect to a principal dwelling
19collected under s. 66.0435 (3) (c).
AB245-ASA2,101 20Section 101 . 71.17 (2) of the statutes is amended to read:
AB245-ASA2,42,321 71.17 (2) Lien on trust estate; income taxes levied against beneficiary. All
22income taxes levied against the income of beneficiaries shall be a lien on that portion
23of the trust estate or interest therein from which the income taxed is derived, and
24such taxes shall be paid by the fiduciary, if not paid by the distributee, before the
25same become delinquent. Every person who, as a fiduciary under the provisions of

1this subchapter, pays an income tax shall have all the rights and remedies of
2reimbursement for any taxes assessed against him or her or paid by him or her in
3such capacity, as provided in s. 70.19 (1), 2021 stats., and s. 70.19 (2), 2021 stats.
AB245-ASA2,102 4Section 102. 71.28 (5n) (a) 5. a. of the statutes is amended to read:
AB245-ASA2,42,125 71.28 (5n) (a) 5. a. “Manufacturing property factor" means a fraction, the
6numerator of which is the average value of the claimant's real and personal property
7assessed under s. 70.995
land and depreciable property, owned or rented and used
8in this state by the claimant during the taxable year to manufacture qualified
9production property, and the denominator of which is the average value of all the
10claimant's real and personal land and depreciable property owned or rented during
11the taxable year and used by the claimant to manufacture qualified production
12property.
AB245-ASA2,103 13Section 103 . 71.28 (5n) (a) 5. d. of the statutes is repealed.
AB245-ASA2,104 14Section 104 . 71.28 (5n) (a) 9. (intro.) of the statutes is amended to read:
AB245-ASA2,42,1615 71.28 (5n) (a) 9. (intro.) “Qualified production property" means either any of
16the following:
AB245-ASA2,105 17Section 105 . 71.28 (5n) (a) 9. a. of the statutes is amended to read:
AB245-ASA2,42,2418 71.28 (5n) (a) 9. a. Tangible personal property manufactured in whole or in part
19by the claimant on property that is located in this state and assessed as
20manufacturing property under s. 70.995. Tangible personal property manufactured
21in this state may only be qualified production property if it is manufactured on
22property approved to be classified as manufacturing real property for purposes of s.
2370.995, even if it is not eligible to be listed on the department's manufacturing roll
24until January 1 of the following year.
AB245-ASA2,106 25Section 106 . 71.28 (5n) (a) 9. c. of the statutes is created to read:
AB245-ASA2,43,10
171.28 (5n) (a) 9. c. Tangible personal property manufactured in whole or in part
2by the claimant with an establishment that is located in this state and classified as
3manufacturing under s. 70.995 (5n). A person wishing to classify the person's
4establishment as manufacturing under this subd. 9. c. shall file an application in the
5form and manner prescribed by the department no later than July 1 of the taxable
6year for which the person wishes to claim the credit under this subsection, pursuant
7to s. 70.995 (5n). The department shall make a determination and provide written
8notice by December 31 of the year in which the application is filed. A determination
9on the classification under this subd. 9. c. may be appealed as provided under s.
1070.995 (5n).
AB245-ASA2,107 11Section 107. 71.28 (5n) (d) 2. of the statutes is amended to read:
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