AB347,1,4 1An Act to amend 74.09 (3) (b) 6., 74.29 and 79.10 (9) (c) 2.; and to create 20.835
2(3) (c), 79.10 (4m), 79.10 (7m) (am), 79.10 (9) (bc) and 79.10 (10m) of the statutes;
3relating to: a property tax credit for disabled veterans and making an
4appropriation.
Analysis by the Legislative Reference Bureau
This bill creates a property tax credit for the total amount of property taxes
imposed on real property owned by a disabled veteran or by the unmarried surviving
spouse of a disabled veteran, if the property is not used for pecuniary gain. The credit
is applied directly to the claimant's property tax 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:
AB347, s. 1 5Section 1. 20.835 (3) (c) of the statutes is created to read:
AB347,1,76 20.835 (3) (c) Disabled veterans tax credit. A sum sufficient to make the
7payments under s. 79.10 (4m).
AB347, s. 2
1Section 2. 74.09 (3) (b) 6. of the statutes is amended to read:
AB347,2,42 74.09 (3) (b) 6. The sum of the amount of the credit under s. 79.10 (5) (10) and
3the amount of the credit under s. 79.10 (10m)
allocable to the property for the
4previous year and the current year, and the percentage change between those years.
AB347, s. 3 5Section 3. 74.29 of the statutes is amended to read:
AB347,2,13 674.29 August settlement. On or before August 20, the county treasurer shall
7pay in full to the proper treasurer all real property taxes, including taxes offset by
8the credit credits under s. 79.10 (4m) and (5), and special taxes included in the tax
9roll which have not previously been paid to, or retained by, the proper treasurer. A
10county may, by resolution adopted by the county board, direct the county treasurer
11to pay in full to the proper treasurer all special assessments and special charges
12included in the tax roll which have not previously been paid to, or retained by, the
13proper treasurer.
AB347, s. 4 14Section 4. 79.10 (4m) of the statutes is created to read:
AB347,2,1715 79.10 (4m) Disabled veterans tax credit. The amount appropriated under s.
1620.835 (3) (c) shall be distributed to municipalities in proportion to their share of the
17sum of the claims for the credit under sub. (10m) for all municipalities.
AB347, s. 5 18Section 5. 79.10 (7m) (am) of the statutes is created to read:
AB347,2,2119 79.10 (7m) (am) Disabled veterans tax credit. 1. The amount determined under
20sub. (4m) shall be distributed by the department of administration on the 4th
21Monday in July.
AB347,3,222 2. The town, village, or city treasurer shall settle for the amounts distributed
23under this paragraph on the 4th Monday in July with the appropriate county
24treasurer not later than August 15. Failure to settle timely under this subdivision
25subjects the town, village, or city treasurer to the penalties under s. 74.31. On or

1before August 20, the county treasurer shall settle with each taxing jurisdiction,
2including towns, villages, and cities except 1st class cities, in the county.
AB347, s. 6 3Section 6. 79.10 (9) (bc) of the statutes is created to read:
AB347,3,64 79.10 (9) (bc) Disabled veterans tax credit. Except as provided in ss. 79.175 and
579.18, every property taxpayer who applies and is eligible for a credit under sub.
6(10m) shall receive the credit in the amount determined under sub. (10m).
AB347, s. 7 7Section 7. 79.10 (9) (c) 2. of the statutes is amended to read:
AB347,3,98 79.10 (9) (c) 2. The credit credits under par. pars. (b) and (bc) shall reduce the
9property taxes otherwise payable.
AB347, s. 8 10Section 8. 79.10 (10m) of the statutes is created to read:
AB347,3,1411 79.10 (10m) Disabled veterans tax credit. (a) In this subsection, "disabled
12veteran" means a veteran who receives the following amount from the U.S.
13department of veterans affairs under 38 USC 1114 because of a permanent and total
14service-connected disability:
AB347,3,1615 1. For the property tax assessment as of January 1, 2005, at least 80 percent
16disability compensation.
AB347,3,1817 2. For the property tax assessment as of January 1, 2006, at least 70 percent
18disability compensation.
AB347,3,2019 3. For the property tax assessment as of January 1, 2007, and for each
20assessment thereafter, at least 60 percent disability compensation.
AB347,3,2421 (b) Beginning with the real property taxes levied in 2005, a disabled veteran
22or the unmarried surviving spouse of a disabled veteran may claim a tax credit
23against the property tax due on any of his or her real property, up to the total amount
24of that tax, if the property is not used for pecuniary gain.
AB347,4,9
1(c) A person may claim the credit under par. (b) by applying for the credit on
2a form prescribed by the department of revenue. The person shall file the form with
3the treasurer of the county in which the property related to the claim is located or,
4if the property is located in a city that collects taxes under s. 74.87, with the treasurer
5of the city in which the property related to the claim is located. Subject to review by
6the department of revenue, a treasurer who receives a completed form under this
7paragraph shall direct that the property described in the form be identified on the
8tax roll as property for which the person is entitled to receive the credit under par.
9(b). A claim made under this paragraph is valid for 5 years.
AB347,4,1710 (d) If a person who has applied for or received a credit under par. (b) becomes
11ineligible for the credit, the person shall, within 30 days after becoming ineligible,
12notify the treasurer of the county in which the property related to the claim is located
13or, if the property is located in a city that collects taxes under s. 74.87, with the
14treasurer of the city in which the property related to the claim is located. A treasurer
15who receives notification under this paragraph shall correct the tax roll so that the
16property for which a credit was claimed is no longer identified as property for which
17the property owner is entitled to receive the credit under par. (b).
AB347,4,2218 (e) If the department of revenue determines that a person who was not entitled
19to a credit under par. (b) received the credit, the department of revenue shall instruct
20the appropriate taxation district to collect the amount of the credit as a special charge
21on the next property tax bill issued for the property for which the person received the
22credit.
AB347, s. 9 23Section 9. Initial applicability.
AB347,4,2424 (1) This act first applies to the property tax assessments as of January 1, 2005.
AB347,4,2525 (End)
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