LRB-3997/1
JK:jld:pg
2001 - 2002 LEGISLATURE
January 4, 2002 - Introduced by Representatives Pettis, Musser, Ryba and
Freese, cosponsored by Senator Darling. Referred to Committee on Ways and
Means.
AB702,1,4
1An Act to repeal 74.11 (4), 74.11 (11) (b) and 74.12 (6); and
to amend 74.11 (2)
2(intro.), 74.11 (5), 74.11 (7), 74.11 (8), 74.11 (10) (a), 74.11 (11) (a), 74.12 (1) (a),
374.12 (6m), 74.12 (7), 74.12 (8) and 74.12 (9) (a) of the statutes;
relating to: the
4payment of personal property taxes.
Analysis by the Legislative Reference Bureau
Under current law, taxes on real property must be paid either in full on or before
January 31 or in two equal installments, with the first installment due on or before
January 31, and the second installment due on or before July 31. The governing body
of a taxation district may also enact an ordinance that allows the payment of taxes
on real property in three or more installments. Under current law, taxes on personal
property must be paid in full on or before January 31.
Under this bill, taxes on personal property must be paid either in full on or
before January 31 or in two equal installments, with the first installment due on or
before January 31, and the second installment due on or before July 31. Under the
bill, the governing body of a taxation district may also enact an ordinance that allows
the payment of taxes on personal property in three or more installments.
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:
AB702, s. 1
1Section
1. 74.11 (2) (intro.) of the statutes is amended to read:
AB702,2,42
74.11
(2) Real property, personal property and leased improvement taxes. 3(intro.) All taxes on real property
, on personal property, and on improvements on
4leased land shall be paid in one of the following ways:
AB702, s. 2
5Section
2. 74.11 (4) of the statutes is repealed.
AB702, s. 3
6Section
3. 74.11 (5) of the statutes is amended to read:
AB702,2,117
74.11
(5) When no instalments installments. If the total real property tax
8levied on a parcel of property is less than $100,
or if the total personal property tax
9levied on an item of personal property is less than $100, or if the total property tax
10levied on an improvement on leased land is less than $100, it shall be paid in full on
11or before January 31.
AB702, s. 4
12Section
4. 74.11 (7) of the statutes is amended to read:
AB702,2,1613
74.11
(7) Delinquent first instalment installment. If the first
instalment 14installment of taxes
on real property or improvements on leased land under sub. (2)
15(b) is not paid on or before January 31, the entire amount of the taxes remaining
16unpaid is delinquent as of February 1.
AB702, s. 5
17Section
5. 74.11 (8) of the statutes is amended to read:
AB702,2,2118
74.11
(8) Delinquent 2nd instalment installment. If the 2nd
instalment 19installment of taxes
on real property or improvements on leased land under sub. (2)
20(b) is not paid on or before July 31, the entire amount of the taxes remaining unpaid
21is delinquent as of August 1 and interest and penalties are due under sub. (11).
AB702, s. 6
22Section
6. 74.11 (10) (a) of the statutes is amended to read:
AB702,3,223
74.11
(10) (a) If all special assessments, special charges,
and special taxes
and
24personal property taxes due under sub. (3)
or (4) are not paid in full on or before the
1due date, the amounts unpaid are delinquent as of the day after the due date of the
2first
instalment installment or of the lump-sum payment.
AB702, s. 7
3Section
7. 74.11 (11) (a) of the statutes is amended to read:
AB702,3,94
74.11
(11) (a) All real property taxes,
personal property taxes, special charges
, 5and special taxes that become delinquent shall be paid, together with interest and
6penalties charged from the preceding February 1, to the county treasurer. All special
7assessments that become delinquent shall be paid, together with interest and
8penalties charged from the day after the due date of the first instalment or of the
9lump-sum payment.
AB702, s. 8
10Section
8. 74.11 (11) (b) of the statutes is repealed.
AB702, s. 9
11Section
9. 74.12 (1) (a) of the statutes is amended to read:
AB702,3,1812
74.12
(1) (a) The governing body of any taxation district, except a taxation
13district under s. 74.87, may, by ordinance, authorize the payment of taxes on real
14property
and, personal property, improvements on leased land
or, special
15assessments
, or
both those all such taxes and assessments in 3 or more
instalments
16installments. An ordinance enacted under this paragraph, or any repeal of, or
17amendment to, such an ordinance applies to the collections of a calendar year only
18if it is enacted on or before August 15 of the preceding calendar year.
AB702, s. 10
19Section
10. 74.12 (6) of the statutes is repealed.
AB702, s. 11
20Section
11. 74.12 (6m) of the statutes is amended to read:
AB702,3,2421
74.12
(6m) When no instalments installments. If the total real property tax
22is less than $100,
or if the total personal property tax levied on an item of personal
23property is less than $100, or if the total property tax levied on an improvement on
24leased land is less than $100, it shall be paid in full on or before January 31.
AB702, s. 12
25Section
12. 74.12 (7) of the statutes is amended to read:
AB702,4,6
174.12
(7) Delinquent first instalment installment. If the first
instalment 2installment of real property taxes, personal property taxes
on improvements on
3leased land or special assessments to which an instalment option pertains is not paid
4on or before January 31, the entire amount of the remaining unpaid taxes or special
5assessments to which an
instalment installment option pertains on that parcel is
6delinquent as of February 1.
AB702, s. 13
7Section
13. 74.12 (8) of the statutes is amended to read:
AB702,4,158
74.12
(8) Delinquent 2nd or subsequent
instalment installment. If the 2nd
9or any subsequent
instalment installment payment of real property taxes, personal
10property taxes
on improvements on leased land or special assessments to which an
11instalment installment option pertains is not paid by the due date specified in the
12ordinance, the entire amount of the remaining unpaid taxes or special assessments
13to which an
instalment installment option pertains on that parcel is delinquent as
14of the first day of the month after the payment is due and interest and penalties are
15due under sub. (10).
AB702, s. 14
16Section
14. 74.12 (9) (a) of the statutes is amended to read:
AB702,4,2017
74.12
(9) (a) If all special assessments to which an
instalment installment 18option does not pertain, special charges,
and special taxes
and personal property
19taxes that are due under sub. (5)
or (6) are not paid in full on or before January 31,
20the amounts unpaid are delinquent as of February 1.
AB702,4,2222
(1) This act first applies to the property tax assessments as of January 1, 2001.