LRB-4916/2
JS:jlg&kaf:hmh
1997 - 1998 LEGISLATURE
March 17, 1998 - Introduced by Representative Grothman, cosponsored by
Senator Panzer. Referred to Joint survey committee on Tax Exemptions.
AB923,1,2
1An Act to amend 77.51 (9) (e) of the statutes;
relating to: the sales tax
2exemption for certain sales by auctioneers.
Analysis by the Legislative Reference Bureau
Under current law, sales of personal farm property or household goods at an
auction are exempt from the sales tax if the auction is not held at regular intervals.
Under this bill, those sales are exempt if they are held at a location where the
auctioneer holds 3 or fewer auctions during the year.
This bill will be referred to the joint survey committee on tax exemptions for a
detailed analysis, which will be printed as an appendix to this bill.
For further information see the state and local fiscal estimate, which will be
printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB923, s. 1
3Section
1. 77.51 (9) (e) of the statutes is amended to read:
AB923,2,24
77.51
(9) (e) An auction
which that is the sale of personal farm property or
5household goods and
not that is held at
regular intervals a location where the
6auctioneer holds 3 or fewer auctions during the year. In this paragraph in respect
1to indoor locations, "location" means a building, except that in the case of a shopping
2center or shopping mall "location" means a store.
