79.10(10)(bm)1.1. A person who is eligible for a credit under
sub. (9) (bm) but whose property tax bill does not reflect the credit may claim the credit by applying to the treasurer of the taxation district in which the property is located for the credit under
par. (a) by January 31 following the issuance of the person's property tax bill. The treasurer shall compute the amount of the credit; subtract the amount of the credit from the person's property tax bill; notify the person of the reduced amount of the property taxes due; issue a refund to the person if the person has paid the property taxes in full; and enter the person's property on the next tax roll as property that qualifies for a lottery and gaming credit. Claims made under this subdivision become invalid when claims made under
par. (a) become invalid.
79.10(10)(bm)2.
2. A person who may apply for a credit under
subd. 1. but who does not timely apply for the credit under
subd. 1. may apply to the department of revenue no later than October 1 following the issuance of the person's property tax bill. Subject to review by the department, the department shall compute the amount of the credit; issue a check to the person in the amount of the credit; and notify the treasurer of the county in which the person's property is located or the treasurer of the taxation district in which the person's property is located, if the taxation district collects taxes under
s. 74.87. The treasurer shall enter the person's property on the next tax roll as property that qualifies for a lottery and gaming credit. Claims made under this subdivision become invalid when claims made under
par. (a) become invalid.
79.10(10)(bn)1.1. If a person who owns and uses property as specified under
sub. (1) (dm), as of the certification date under
par. (a), transfers the property after the certification date, the transferee may apply to the treasurer of the county in which the property is located or, if the property is located in a city that collects taxes under
s. 74.87, to the treasurer of the city in which the property is located for the credit under
sub. (9) (bm) on a form prescribed by the department of revenue. The transferee shall attest that, to the transferee's knowledge, the transferor used the property in the manner specified under
sub. (1) (dm) as of the certification date under
par. (a). A claim that is made under this subdivision is valid for the year in which the property is transferred.
79.10(10)(bn)2.
2. A person who is eligible for a credit under
subd. 1. but whose property tax bill does not reflect the credit may claim the credit by applying to the treasurer of the taxation district in which the property is located for the credit by January 31 following the issuance of the person's property tax bill. Claims made after January 31, but no later than October 1 following the issuance of the person's property tax bill, shall be made to the department of revenue.
Paragraph (bm), as it applies to processing claims made under that paragraph, applies to processing claims made under this subdivision, except that a claim that is made under this subdivision is valid for the year in which the person took possession of the transferred property under
subd. 1.
79.10(10)(c)
(c) If a person who is certified under
par. (a) to claim the credit under
sub. (9) (bm) becomes ineligible for the credit under
sub. (9) (bm), that person shall, within 30 days of becoming ineligible, notify the treasurer of the county in which the property is located or, if the property is located in a city that collects taxes under
s. 74.87, the treasurer of the city in which the property is located.
79.10(10)(d)
(d) If the department of revenue determines that a credit was extended to a taxpayer who was not entitled to the credit for reasons other than that the taxpayer failed to complete the information required under
par. (a), the department of revenue shall instruct the appropriate taxation district to collect the credit as a special charge on the next property tax bill issued for the property.
79.10(10)(e)
(e) A county or a city, if the city collects taxes under
s. 74.87, may use a certification procedure other than the certification procedure under
par. (a) if all of the following apply:
79.10(10)(e)1.
1. The certification procedure includes a method to identify taxable property that is used as the property owner's principal dwelling.
79.10(10)(e)2.
2. The certification procedure includes a procedure that is similar in effect to the procedure described in
par. (bm).
79.10(10)(e)3.
3. The certification procedure is approved by the department of revenue.
79.10(11)
(11) Lottery and gaming credit estimated fair market value. 79.10(11)(a)(a) For property taxes levied in 1997 and thereafter, the estimated fair market value shall be determined under
par. (b).
79.10(11)(b)
(b) Before October 16, the department of administration shall determine the total funds available for distribution under the lottery and gaming credit in the following year and shall inform the joint committee on finance of that total. Total funds available for distribution shall be all moneys projected to be transferred to the lottery fund under
ss. 20.455 (2) (g) and
20.505 (8) (am),
(g) and
(jm) and all existing and projected lottery proceeds and interest for the fiscal year of the distribution, less the amount estimated to be expended under
ss. 20.455 (2) (r),
20.566 (2) (r) and
20.835 (2) (q) and
(3) (r) and less the required reserve under
s. 20.003 (5). The joint committee on finance may revise the total amount to be distributed if it does so at a meeting that takes place before November 1. If the joint committee on finance does not schedule a meeting to take place before November 1, the total determined by the department of administration shall be the total amount estimated to be distributed under the lottery and gaming credit in the following year.
79.10(11)(c)
(c) Before November 1, the department of administration shall inform the department of revenue of the total amount available for distribution under the lottery and gaming credit in the following year. Before December 1, the department of revenue shall calculate, to the nearest $100, the estimated fair market value necessary to distribute the total amount available for distribution under the lottery and gaming credit in the following year.
79.10 History
History: 1971 c. 125 ss.
412,
521; Stats. 1971 s. 79.10;
1973 c. 90;
1975 c. 39,
199;
1977 c. 29,
418;
1979 c. 110 s.
60 (11);
1981 c. 20 ss.
1174 to
1182n,
2202 (45) (b);
1981 c. 93,
314,
317;
1983 a. 2 ss.
6 to
10,
12;
1983 a. 3,
27;
1983 a. 189 s.
329 (17m);
1983 a. 395;
1985 a. 4,
29,
39,
120;
1987 a. 27,
378;
1991 a. 39,
225,
269,
323;
1993 a. 16;
1995 a. 27;
1997 a. 27,
164;
1999 a. 5,
9,
83,
84,
185;
2001 a. 16.
79.10 Cross-reference
Cross Reference: See also ch.
Tax 20, Wis. adm. code.
79.11
79.11
Payment of tax credits. 79.11(1)
(1) The extension of the tax credits authorized by
s. 79.10 on the tax roll shall be deemed payment of that portion of the total tax due on property to which such credits are applicable.
79.11(2)
(2) Except as provided in
s. 79.10 (10) (d), the payment of the difference between the total tax which is due on any property less the amount of the tax credits applicable to such property authorized by this subchapter shall be considered payment in full of the property taxes due thereon in that year.
79.11(3)(a)(a) In those cities, villages and towns where the payment of property taxes is authorized to be made in installments, such installment payments shall be based on the net amount of taxes due after the tax credits authorized by this subchapter have been applied.
79.11(3)(b)
(b) Notwithstanding
ss. 74.11 (2) (b) and
74.12 (2) (b), the lottery and gaming credit shall be deducted in its entirety from the first installment. This paragraph does not apply to the payment of taxes in installments under
s. 74.87.
79.11 History
History: 1971 c. 125 s.
411; Stats. 1971 s. 79.11;
1991 a. 39,
323;
1997 a. 27;
1999 a. 5.
79.13
79.13
Farmland tax relief credit. 79.13(1)
(1) In the 1999-2000 fiscal year, the amount that is estimated to be expended from the appropriation under
s. 20.835 (2) (dn) is $15,000,000.
79.13(2)(a)(a) In the 2000-01 fiscal year, the amount that is estimated to be expended from the appropriation under
s. 20.835 (2) (q) is $15,000,000, plus the amount that is estimated to be expended from the appropriation under
s. 20.835 (2) (dn) in the previous fiscal year and less the actual amount that is expended from the appropriation under
s. 20.835 (2) (dn) in the previous fiscal year.
79.13(2)(b)
(b) In the 2001-02 fiscal year, and in each fiscal year thereafter, the amount that is estimated to be expended from the appropriation under
s. 20.835 (2) (q) is $15,000,000, plus the amount that is estimated to be expended from the appropriation under
s. 20.835 (2) (q) in the previous fiscal year and less the actual amount that is expended from the appropriation under
s. 20.835 (2) (q) in the previous fiscal year.
79.13 History
History: 1999 a. 5,
9.
79.14
79.14
School levy tax credit. The appropriation under
s. 20.835 (3) (b) is $319,305,000 in 1994, 1995 and 1996 and is $469,305,000 in 1997 and thereafter.
79.14 History
History: 1991 a. 39,
315;
1995 a. 27.
79.175
79.175
Excess tax credit corrections. If a municipality applies excess tax credits on the tax roll under
s. 79.10 (9), the municipal clerk shall correct the excess application by deducting the excess amount from the appropriate credits in the following year.
79.18
79.18
Insufficient tax credit corrections. If a municipality applies insufficient tax credits on the tax roll under
s. 79.10 (9), the municipal clerk shall correct the deficiency by adding the deficient amount to the appropriate credits in the following year.
