LRB-2547/1
JK:jld:rs
2005 - 2006 LEGISLATURE
July 7, 2005 - Introduced by Representatives Wieckert, Kleefisch, Musser,
Townsend, Gunderson, Hines and Ott, cosponsored by Senator Roessler.
Referred to Joint Committee on Finance. Referred to Joint Survey Committee
on Tax Exemptions.
AB554,1,2
1An Act to create 77.54 (30) (a) 7. of the statutes;
relating to: a sales and use
2tax exemption for electricity used in research or development.
Analysis by the Legislative Reference Bureau
This bill creates a sales and use tax exemption for electricity consumed in
product research or product development.
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:
AB554, s. 1
3Section
1. 77.54 (30) (a) 7. of the statutes is created to read:
AB554,1,54
77.54
(30) (a) 7. Electricity consumed in product research or product
5development.
AB554,1,77
(1)
This act takes effect on July 1, 2007.
