LRB-3141/1
JK:jld:pg
2005 - 2006 LEGISLATURE
August 9, 2005 - Introduced by Representatives Sheridan, Freese, Benedict,
Hahn, Hebl, Davis, Turner, Gunderson and Seidel, cosponsored by Senator
Harsdorf. Referred to Committee on Rural Affairs and Renewable Energy.
Referred to Joint Survey Committee on Tax Exemptions.
AB600,1,2
1An Act to create 77.54 (48) of the statutes;
relating to: creating a sales and use
2tax exemption for motor vehicles that use gasoline and ethanol mixtures as fuel.
Analysis by the Legislative Reference Bureau
This bill creates a sales and use tax exemption for any motor vehicle that is
capable of using both gasoline and a mixture consisting of gasoline and at least 85
percent ethanol as fuel to propel the motor vehicle.
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:
AB600, s. 1
3Section
1. 77.54 (48) of the statutes is created to read:
AB600,2,44
77.54
(48) Beginning on the effective date of this subsection .... [revisor inserts
5date], and ending on the date that is 5 years after the effective date of this subsection
6.... [revisor inserts date], the gross receipts from the sales of and the storage, use, or
7other consumption of any motor vehicle, licensed for highway use, that is capable of
1using both gasoline and a mixture consisting of gasoline and at least 85 percent
2ethanol as fuel to propel the motor vehicle. The amount of the taxes imposed under
3this subchapter that may be claimed as an exemption under this subsection may not
4exceed $1,000 on the purchase of any single motor vehicle.
AB600,2,76
(1)
This act takes effect on the first day of the 2nd month beginning after
7publication.
