SB208: Bill Text

LRB-3258/1

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2001 - 2002 LEGISLATURE

2001 Senate BILL 208

June 21, 2001 - Introduced by Senators Risser, Schultz and Roessler, cosponsored by Representatives Grothman, Sinicki, Staskunas, Sykora, Musser, Krawczyk, Plouff, Lassa and Berceau. Referred to Joint survey committee on Tax Exemptions.

SB208,1,2 An Act to create 77.54 (46) of the statutes; relating to: a sales tax and use tax exemption for energy-efficient motor vehicles.

Analysis by the Legislative Reference Bureau

This bill creates a sales tax and use tax exemption for motor vehicles, licensed for highway use, that use any of the following as a fuel: a mixture consisting of 85% ethanol and 15% gasoline; electricity; compressed natural gas; or propane.

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:

SB208, s. 1 Section 1. 77.54 (46) of the statutes is created to read:

SB208,1,6 77.54 (46) The gross receipts from the sale of and the storage, use, or other consumption of motor vehicles, licensed for highway use, that use any of the following as a fuel:

SB208,1,7 (a) A mixture consisting of 85% ethanol and 15% gasoline.

SB208,2,1 (b) Electricity.

SB208,2,2 (c) Compressed natural gas.

SB208,2,3 (d) Propane.

SB208, s. 2 Section 2. Effective date.

SB208,2,6 (1) This act takes effect on the first day of the 2nd month beginning after publication.

SB208,2,7 (End)