LRB-3290/1
MES:bjk:rs
2007 - 2008 LEGISLATURE
November 27, 2007 - Introduced by Representatives Hixson, Fields, Albers,
Townsend, Turner and
A. Williams. Referred to Committee on Ways and
Means.
AB583,1,3
1An Act to create 71.05 (6) (b) 39. of the statutes;
relating to: creating an
2individual income tax deduction for amounts paid for certain energy assistance
3fees.
Analysis by the Legislative Reference Bureau
Under current law, electric utilities, retail electric cooperatives, and municipal
utilities are required to charge their customers a monthly low-income assistance fee.
Current law also requires an electric utility to show the low-income assistance fee
as a separate line in a customer's bill. The fees that are collected are used to provide
energy assistance to low-income persons.
Under this bill, an individual may claim an income tax deduction for any such
fees that the individual pays in the year to which his or her claim relates.
For further information see the state 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:
AB583, s. 1
4Section
1. 71.05 (6) (b) 39. of the statutes is created to read:
AB583,2,25
71.05
(6) (b) 39. Any amount of a low-income assistance fee paid by an
6individual that is charged such a fee by an electric utility, retail electric cooperative,
1or municipal utility under s. 16.957 (4) (a) or (5) (a), in the taxable year to which the
2claim relates.
AB583,2,74
(1) This act first applies to taxable years beginning on January 1 of the year
5in which this subsection takes effect, except that if this subsection takes effect after
6July 31 this act first applies to taxable years beginning on January 1 of the year
7following the year in which this subsection takes effect.
