AB148: Bill Text

LRB-1492/1

JK:cmh&jlg:ijs

1999 - 2000 LEGISLATURE

1999 Assembly BILL 148

March 4, 1999 - Introduced by Representatives Seratti, Sykora, F. Lasee, Urban, Plale, Porter, Ainsworth, Ryba, Reynolds, Musser, Gunderson, Kaufert, Skindrud and Powers. Referred to Committee on Ways and Means.

AB148,1,2 An Act relating to: directing the legislative fiscal bureau to study the tax on personal property.

Analysis by the Legislative Reference Bureau

This bill directs the legislative fiscal bureau to study the advantages and disadvantages of discontinuing the tax on personal property.

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

AB148, s. 1 Section 1. Nonstatutory provisions.

AB148,2,2 (1) Study of the tax on personal property. The legislative fiscal bureau shall study the economic impact of discontinuing the tax that is imposed on personal property and shall describe the advantages and disadvantages of discontinuing that tax. The legislative fiscal bureau shall report the results of its study to the legislature in the manner described under section 13.172 (2) of the statutes no later than the first day of the 6th month beginning after the effective date of this subsection.

AB148,2,3 (End)