LRB-0222/1
JK:kjf:rs
2005 - 2006 LEGISLATURE
February 22, 2005 - Introduced by Representatives Ziegelbauer, Kaufert,
Ainsworth, Albers, Black, Boyle, Gielow, Kreibich, Lehman, LeMahieu,
Musser, Nass, Pettis, Pridemore, Towns and Zepnick, cosponsored by
Senators Leibham and Reynolds. Referred to Committee on Ways and Means.
AB129,1,4
1An Act to repeal 74.11 (10) (b) and 74.12 (9) (b);
to renumber 74.12 (9) (a);
to
2renumber and amend 74.11 (10) (a); and
to amend 74.11 (7), 74.11 (11) (a),
374.12 (7), 74.12 (8), 74.12 (10) and 74.12 (12) (a) of the statutes;
relating to: late
4payments of property tax installments and providing penalties.
Analysis by the Legislative Reference Bureau
Under current law, if any installment payment of property taxes is paid after
the date that the installment is due, the entire amount of unpaid property taxes
becomes delinquent and is due, subject to interest and penalties. Under this bill, if
any installment payment of property taxes is paid after the due date, the amount of
the installment payment becomes delinquent and is due, subject to interest and
penalties.
For further information see the 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:
AB129, s. 1
5Section
1. 74.11 (7) of the statutes is amended to read:
AB129,2,36
74.11
(7) Delinquent first installment. If the first installment of taxes on real
7property or improvements on leased land is not paid on or before January 31, the
1entire amount of the
taxes remaining unpaid
installment is delinquent
as of and
2shall be paid, together with interest and penalties on the unpaid installment at the
3applicable rates under s. 74.47 (1) and (2) from February 1.
AB129, s. 2
4Section
2. 74.11 (10) (a) of the statutes is renumbered 74.11 (10) and amended
5to read:
AB129,2,106
74.11
(10) If all special assessments
to which an installment option does not
7pertain, special charges, special taxes and personal property taxes due under sub.
8(3) or (4) are not paid in full on or before the due date, the amounts unpaid are
9delinquent as of the day after the due date
of the first installment or of the lump-sum
10payment.
AB129, s. 3
11Section
3. 74.11 (10) (b) of the statutes is repealed.
AB129, s. 4
12Section
4. 74.11 (11) (a) of the statutes is amended to read:
AB129,2,1913
74.11
(11) (a) All real property taxes, special charges
, and special taxes that
14become delinquent shall be paid, together with interest and penalties charged from
15the
preceding February 1 day after the date that the real property taxes, special
16charges, and special taxes are due, to the county treasurer. All special assessments
17to which an installment option does not pertain that become delinquent shall be paid,
18together with interest and penalties charged from the day after the due date
of the
19first installment or of the lump-sum payment.
AB129, s. 5
20Section
5. 74.12 (7) of the statutes is amended to read:
AB129,3,221
74.12
(7) Delinquent first installment. If the first installment of real
22property taxes, personal property taxes on improvements on leased land or special
23assessments to which an installment option pertains is not paid on or before January
2431, the
entire amount of the
remaining unpaid
taxes or special assessments to which
25an installment option pertains on that parcel installment is delinquent
as of and
1shall be paid, together with interest and penalties on the unpaid installment at the
2applicable rates under s. 74.47 (1) and (2) from February 1.
AB129, s. 6
3Section
6. 74.12 (8) of the statutes is amended to read:
AB129,3,124
74.12
(8) Delinquent 2nd or subsequent installment. If the 2nd or any
5subsequent installment payment of real property taxes, personal property taxes on
6improvements on leased land or special assessments to which an installment option
7pertains is not paid by the due date specified in the ordinance, the
entire amount of
8the
remaining unpaid
taxes or special assessments to which an installment
option
9pertains on that parcel is delinquent
as of the first day of the month after the
10payment is due and
shall be paid, together with interest and penalties
are due under
11sub. (10) on the unpaid installment at the applicable rate under s. 74.47 (1) and (2)
12from the day after the installment is due.
AB129, s. 7
13Section
7. 74.12 (9) (a) of the statutes is renumbered 74.12 (9).
AB129, s. 8
14Section
8. 74.12 (9) (b) of the statutes is repealed.
AB129, s. 9
15Section
9. 74.12 (10) of the statutes is amended to read:
AB129,3,2116
74.12
(10) Payment of delinquent payments, interest and penalty. (a) All real
17property taxes, special assessments, special charges and special taxes that become
18delinquent and are paid on or before July 31, and all delinquent personal property
19taxes, whenever paid, shall be paid, together with interest and penalties charged
20from the
preceding February 1 day after real property taxes, special assessments,
21special charges, and special taxes are due, to the taxation district treasurer.
AB129,4,222
(b) All real property taxes, special assessments, special charges and special
23taxes that become delinquent and are not paid under par. (a) shall be paid, together
24with interest and penalties charged from the
preceding February 1 day after real
1property taxes, special assessments, special charges, and special taxes are due, to the
2county treasurer.
AB129, s. 10
3Section
10. 74.12 (12) (a) of the statutes is amended to read:
AB129,4,104
74.12
(12) (a) The taxation district treasurer shall retain the tax roll and make
5collections through July 31. On or before August 15, the taxation district treasurer
6shall return the tax roll to the county treasurer. The county treasurer shall collect
7all returned delinquent real property taxes, special assessments, special charges
, 8and special taxes, together with interest and
penalty
penalties assessed from the
9previous February 1 day after real property taxes, special assessments, special
10charges, and special taxes are due, as provided under s. 74.47.
AB129,4,1312
(1)
This act first applies to taxes based on the assessment as of the January 1
13after publication.