AB28: Bill Text

LRB-1247/1

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2001 - 2002 LEGISLATURE

2001 Assembly BILL AB-28

January 16, 2001 - Introduced by Representatives Wade, Balow, Black, Freese, Gronemus, Grothman, Gunderson, Huebsch, Hundertmark, Jeskewitz, Kreibich, Ladwig, F. Lasee, Lassa, Musser, Nass, Olsen, Pettis, Plale, Reynolds, Skindrud and Turner, cosponsored by Senators Welch, Darling, A. Lasee and Roessler. Referred to Joint survey committee on Tax Exemptions.

AB28,1,2 An Act to amend 77.54 (30) (a) 2. of the statutes; relating to: the sales tax exemption for electricity sold for residential use.

Analysis by the Legislative Reference Bureau

Under current law, electricity that is sold for residential use during the months November to April is exempt from the sales tax. This bill provides an exemption for electricity sold for residential use during any month.

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 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:

AB28, s. 1 Section 1. 77.54 (30) (a) 2. of the statutes is amended to read:

AB28,1,6 77.54 (30) (a) 2. Electricity and natural Natural gas sold during the months of November, December, January, February, March, and April for residential use and electricity sold during any month for residential use.

AB28, s. 2 Section 2. Effective date.

AB28,2,2 (1) This act takes effect on the first day of the 2nd month beginning after publication.

AB28,2,3 (End)