| 1 | 1 | | LRB-2291/1 |
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| 2 | 2 | | KP:cdc |
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| 3 | 3 | | 2023 - 2024 LEGISLATURE |
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| 4 | 4 | | 2023 ASSEMBLY BILL 480 |
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| 5 | 5 | | October 12, 2023 - Introduced by Representatives SCHUTT, BEHNKE, BODDEN, |
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| 6 | 6 | | DONOVAN, GOEBEN, GREEN, GUSTAFSON, HURD, KITCHENS, KURTZ, MACCO, |
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| 7 | 7 | | MELOTIK, MICHALSKI, MOSES, MURPHY, MURSAU, NEDWESKI, O'CONNOR, |
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| 8 | 8 | | PENTERMAN, PLUMER, RETTINGER and WICHGERS, cosponsored by Senators |
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| 9 | 9 | | TOMCZYK, COWLES, MARKLEIN, NASS, STROEBEL and WANGGAARD. Referred to |
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| 10 | 10 | | Committee on Ways and Means. |
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| 11 | 11 | | ***AUTHORS SUBJECT TO CHANGE*** |
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| 12 | 12 | | AN ACT to create 71.613 (3) (am) of the statutes; relating to: eligibility for |
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| 13 | 13 | | farmland preservation tax credits. |
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| 14 | 14 | | Analysis by the Legislative Reference Bureau |
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| 15 | 15 | | This bill disallows a person from claiming the farmland preservation tax credit |
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| 16 | 16 | | for any part of the claimant's qualifying acres on which a photovoltaic solar energy |
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| 17 | 17 | | system that is not an integral part of or incidental to an agricultural use. Under |
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| 18 | 18 | | current law, a person may claim an individual income or corporate income and |
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| 19 | 19 | | franchise tax credit for the person's land engaged in an agricultural use, if the land |
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| 20 | 20 | | is covered by a farmland preservation agreement or located in a farmland |
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| 21 | 21 | | preservation zoning district, or both. |
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| 22 | 22 | | For further information see the state fiscal estimate, which will be printed as |
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| 23 | 23 | | an appendix to this bill. |
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| 24 | 24 | | The people of the state of Wisconsin, represented in senate and assembly, do |
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| 25 | 25 | | enact as follows: |
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| 26 | 26 | | SECTION 1. 71.613 (3) (am) of the statutes is created to read: |
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| 27 | 27 | | 71.613 (3) (am) No credit may be allowed under this section for any part of a |
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| 28 | 28 | | claimant's qualifying acres on which a photovoltaic solar energy system, as defined |
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| 33 | 33 | | 5 - 2 -2023 - 2024 Legislature LRB-2291/1 |
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| 34 | 34 | | KP:cdc |
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| 35 | 35 | | SECTION 1 ASSEMBLY BILL 480 |
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| 36 | 36 | | in s. 13.48 (2) (h) 1. d., that is not an accessory use, as defined in s. 91.01 (1), is located |
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| 37 | 37 | | during any part of the taxable year. |
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| 38 | 38 | | SECTION 2.0Initial applicability. |
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| 39 | 39 | | (1) This act first applies to taxable years beginning after December 31, 2022. |
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| 40 | 40 | | (END) |
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