SB45-SSA1-SA1,208,98
(d) The carry-over provisions of s. 71.28 (4) (e) and (f), as they apply to the credit
9under s. 71.28 (4), apply to the credit under this subsection.
SB45-SSA1-SA1,208,1710
(e) Partnerships, limited liability companies and tax-option corporations may
11not claim the credit under this subsection, but the eligibility for, and the amount of,
12the credit are based on their payment of qualified expenses under par. (b) 1. A
13partnership, limited liability company or tax-option corporation shall compute the
14amount of credit that each of its partners, members or shareholders may claim and
15shall provide that information to each of them. Partners, members of limited liability
16companies and shareholders of tax-option corporations may claim the credit in
17proportion to their ownership interest.
SB45-SSA1-SA1,208,1918
(f) Section 71.28 (4) (g) and (h), as it applies to the credit under s. 71.28 (4),
19applies to the credit under this subsection.".
SB45-SSA1-SA1,209,222
71.49
(1) (f) The total of farmers' drought property tax credit under s. 71.47
23(1fd), farmland preservation credit under subch. IX, farmland tax relief credit under
1s. 71.47 (2m)
, the study abroad credit under s. 71.47 (5d) and estimated tax payments
2under s. 71.48.".
SB45-SSA1-SA1,209,108
71.54
(1) (f)
2001 and thereafter. The amount of any claim filed in 2001 and
9thereafter and based on property taxes accrued or rent constituting property taxes
10accrued during the previous year is limited as follows:
SB45-SSA1-SA1,209,1311
1. If the household income was $8,000 or less in the year to which the claim
12relates, the claim is limited to 80% of the property taxes accrued or rent constituting
13property taxes accrued or both in that year on the claimant's homestead.
SB45-SSA1-SA1,209,1714
2. If the household income was more than $8,000 in the year to which the claim
15relates, the claim is limited to 80% of the amount by which the property taxes accrued
16or rent constituting property taxes accrued or both in that year on the claimant's
17homestead exceeds 10.357% of the household income exceeding $8,000.
SB45-SSA1-SA1,209,1918
3. No credit may be allowed if the household income of a claimant exceeds
19$22,000.".
SB45-SSA1-SA1,210,52
73.0301
(1) (d) 6. A license or certificate of registration issued by the
3department of financial institutions, or a division of it, under s. 138.09, 138.12,
4217.06, 218.01, 218.02, 218.04, 218.05
or, 224.72
, 224.93 or under subch. III of ch.
5551.".
SB45-SSA1-SA1,210,2112
74.48
(1) If
a person owns land that
has been is valued
as agricultural land 13under s. 70.32 (2r)
(b) is sold by a person who and has owned
it such land for less than
145 years
and who has benefited from a value lower than that established by, and either
15sells the land or the use of the land changes so that the land is not valued as
16agricultural land under s. 70.32 (2r)
(a), there is imposed on that person a penalty
17equal to
5% of the difference between the
sale price of the agricultural land and the
18value that would be established for it under s. 70.32 (2r) (c)
property taxes that the
19person would have paid related to the land if the land had been assessed at the land's
20fair market value and the property taxes that the person paid during the last
year
21of 2 years that the
person's ownership person owned the land.".
SB45-SSA1-SA1,211,4
176.025
(2) If the property of any company defined in s. 76.28 (1), except a
2qualified wholesale electric company as defined in s. 76.28 (1) (gm)
and a wholesale
3merchant plant as defined in s. 76.28 (1) (j), is located entirely within a single town,
4village or city, it shall be subject to local assessment and taxation.".